Here are the top 5 mistakes people make when starting out on Amazon FBA:
1. Not doing your research
The first step in any business venture is doing your research. This is especially true for Amazon FBA, as there are a lot of things to learn about the process and how to be successful. Don’t try to wing it – take the time to learn as much as you can before starting out.
2. Selling a product that doesn’t sell
This one is kind of obvious but sometimes people ignore this rule until they’ve already invested lots of time and money into their product or brand. Just because you think something looks cool, make sure there are enough buyers out there who will pay for it!
3. Not pricing your products correctly
Pricing your products correctly is critical for success on Amazon FBA. If they’re too expensive, people won’t buy them, but if they’re too cheap, you may not make as much profit as you’d like. Take the time to find the perfect price point for your products.
4. Failing to plan for shipping delays
Shipping delays are always a possibility when selling on Amazon FBA. Make sure you have a plan in place for when this happens, so you don’t lose any sales or money.
5. Not using Amazon FBA strategically
When starting out with Amazon FBA, it’s easy to get caught up in the excitement and rush of things. Don’t make this mistake, as failing to use Amazon FBA strategically can hurt your business in the long run. Instead, take a more calculated approach and be sure to use all of Amazon’s features to your advantage.