⚡️ Inventory storage fees ⚡️ Long-term storage fees ⚡️ Fulfillment fees Fulfillment fees are charged per unit. These cover various services, such as picking, packing, shipping, and handling your orders, among others. To get an estimate on your fees, you can use the FBA revenue calculator.
⚡️ Unplanned services fees ⚡️ Removal order fees ⚡️ Returns processing fees Moreover, there are subscription fees you need to be aware of. Depending on the selling plan you choose, you can expect to shell out $0.99 per unit sold (Individual plan) or $39.99 per month regardless of the number of units sold (Professional plan). 📌 Full-sized appliances 📌 Personal computers 📌 Veterinary diets (pet food)
When it comes to earning, the figures ran a gamut. Nearly 50% of sellers managed to earn around $1,000 to $25,000 per month, while a minority of sellers, around 20%, managed to pocket earnings ranging from $25,000 to $250,000 per month.
8 Seller Mistakes to Avoid
📑 Not conducting market research or having the initiative to learn more about your competition 📑 Not being proactive in your marketing efforts or not having a proper marketing strategy 📑 Not managing your inventory properly 📑 Going with a niche that’s already oversaturated 📑 Explicitly asking customers for product reviews
Final Thoughts
✅They belong in an unsaturated niche or are relatively new products that are gaining traction (few competitors = less competition) ✅They’re highly visible ✅They have good monthly sales figures ✅They can potentially generate high profit margins 💯Portable projectors 💯Women’s swimsuits 💯Portable or handheld garment steamers ✒️Electronics ✒️Toys and games ✒️Home and kitchen ✒️Sports and outdoors ✒️Kitchen and dining ✒️Beauty and personal care 🔍Determine the right niche for your brand 🔍Conduct market research to know more about your competition 🔍Learn how you can maximize your profits