Review of Nine University and the Amazon FBA Model
If you were to start your own online business, you would handle every individual part of the buyer’s journey. You would be actively involved from marketing and online sales to shipping and customer satisfaction.
Dealing with all those aspects of the business requires a significant investment in capital and personal energy. Warehouse space, personnel and other resources are all required before you can ever sell or ship a product.
The Amazon FBA model simply moves the responsibility of handling the storage, sales, and shipping to Amazon.
What this means is that you, as a seller, can invest your capital in other growth activities, such as paid advertisement or product sourcing, rather than spending money on unnecessary expenses.
Your only responsibility is to ensure the fulfillment center has the inventory necessary to keep up with orders.
In short, with the Amazon FBA program, sellers source the products, ship those products to an Amazon center, and sell those products through Amazon. Amazon handles fulfillment and customer returns.
Amazon FBA is a simple way for you to gain access to a vast, pre-existing market without investing a great deal of capital, allowing you to see a return on your money faster than trying to market to a brand-new customer base and setting up your own fulfillment system.
How Much Money Do You Need to Start an Amazon FBA Business?
Many people believe that it’s possible to start selling on Amazon with an investment as small as $500, but this doesn’t capture many of the hidden or future costs that you will need to shell out before you see your first sales.
Startup costs can total $3,500 or more before you begin seeing a return on your investment. Vendors who are serious about starting a profitable FBA business need to purchase their products to sell, as well as a few to give away as free samples.
This number is so high because there are always variables depending on the products you purchase, whether those variables are inspection costs related to imported goods, professional product images, and any applicable import taxes. After you receive the product, there are advertising expenses to get your product in front of interested buyers, such as Amazon’s built-in sponsored ads.
Likewise, product cost can make a dent in the final cost of starting your own FBA business. The market is already glutted with cheap products, so in many cases, if you want to be competitive in the market, you will need to invest in high-quality inventory.
Fortunately, this process is not as complicated as it sounds. Nine University coaches’ entrepreneurs just like you on exactly how to find this high-quality stock. You will learn how to find opportunities and gaps in products buyers are looking for, so you can find the most lucrative products that are right for you.
Who can Benefit from the KT9 Course?
The Nine University FBA business model is for those who want to build a home-based business under the mentorship and guidance of others who have had success.
While the thought of fast online cash is appealing, it is almost always too good to be true. Building your own FBA business from the ground up can be a lot of work even with personalized guidance from experienced sellers. To benefit from the course, you must be willing to put in the hard work and dedication it takes to run a business.
You can benefit from the course if you are already an entrepreneur looking for a way to grow your income, or a busy bee who wants to quit their boring 9-5 and achieve success with your own hard work.
Is Nine University a Scam?
They have earned a reputation for providing the tools sellers need to quickly and easily get their FBA business off the ground, providing value, and giving future FBA sellers like yourself the tools they need to be successful.
Nine University is not a scam, but it is always important to remember that no one will do all the work for you. Live coaches are available to help walk you through the process, but your own commitment and dedication to work towards your goals are necessities when starting any business.
Amazon FBA is no different, and Nine University gives you the tools to educate yourself and start your business with a blueprint, rather than walking in blind and trying to learn through trial and error.