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Yes, but where as Ebay is like sailing (if you know what you are doing it is a slower and more relaxing ride), FBA is like driving a speedboat. Things change and they change very quickly. If you find something good, you need to be able to get it in right away. You need to know a great deal of small bits of information and apply that information in a cohesive fashion. How many other sellers are selling, are you competing against Amazon, what are your storage fees, what is the ranking, is this item going to be hot, how has it done in the last 12 months, am I getting this clearanced out a major retailer or one that is more local to my area (will every Tom, Dick and Harry race to the bottom).
I balance all of the above by having a selection of slower moving, merchant fullfilled items. But I make money very quickly, which is nice. It also offers interesting possibilities such as having a more hands off business. Ebay is fun. Amazon is a different kind of fun.
That is such a friendly and upbeat reply. Love it!
I have been on Ebay and involved in reselling since 2000. But I felt this burning desire to get a ‘real job’. So I got myself a masters degree and ‘real job’. Never really stopped selling on Ebay because I loved it. After 10 years at the ‘real job’, I am going back to reselling full time this summer.
If you don’t control your time and more and more of your time is being taken away from you to save a company/institution money/make them more money, it is time to redefine what you consider to be a ‘real job’.
I feel like I am jumping off a cliff with my eyes closed, but my husband has a good job, we are paying off a tremendous amount of debt every month. I get paid for three months I don’t work in the summer. Life is short. I am jumping. I did something very similar to this when I was about 8 years old, sitting on the shed with a blanket around my neck. That actually didn’t turn out so well, and I can’t believe I am back in that spot. I know I am jumping, I am just not sure what the end results will be.
Best wishes to everyone else thinking about making the jump!
Great video! I just subscribed to your Youtube channel. It was kind of hard to find because of that underscore.
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