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Anyone Here Making Money Selling on Amazon?

 
Anonymous Coward
User ID: 76766798
United States
10/17/2020 01:35 PM
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Anyone Here Making Money Selling on Amazon?
Is selling Amazon still worth getting into?

To me, it's seemed like it would be hard to deal with just getting reviews and then a competitor leaving negative reviews.

Probably a lot of price competition going on.

What is it really like selling on Amazon?
Anonymous Coward
User ID: 79358704
United States
10/17/2020 01:36 PM
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Re: Anyone Here Making Money Selling on Amazon?
I sold stuff on there. Never got a bad review from comp though. Pricing is actually good, it’s a silent but coordinated effort amongst sellers to jack prices up.

They charge high fees but what can you do.
Anonymous Coward (OP)
User ID: 76766798
United States
10/17/2020 01:43 PM
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Re: Anyone Here Making Money Selling on Amazon?
I sold stuff on there. Never got a bad review from comp though. Pricing is actually good, it’s a silent but coordinated effort amongst sellers to jack prices up.

They charge high fees but what can you do.
 Quoting: Anonymous Coward 79358704


Did you quit because the math wasn't working out for it to be profitable enough anymore?
Anonymous Coward
User ID: 73188307
United States
10/17/2020 03:56 PM
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Re: Anyone Here Making Money Selling on Amazon?
Back in the day I did ok.
Then the fees got too high
And ppl returned my stuff for no reason costing me money
Now I am on a different platform doing ok
PISS CLAMS
User ID: 50416618
United Kingdom
10/17/2020 03:58 PM
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Re: Anyone Here Making Money Selling on Amazon?
Ebay is horrible.
They charge fees on shipping now.
No more deals
Oxidizer

User ID: 79230261
United States
10/17/2020 04:02 PM

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Re: Anyone Here Making Money Selling on Amazon?
I made good money there a few years back. I would hit yard sales and buy boxes and boxes of books for $5 - $10 for the lot. Make several hundred on them. Too much competition started to drive prices down, also, the damn penny sellers that scalp shipping profits.
Back to reality, and you will rue the day you go face to face with me.
syncro

User ID: 79244501
United States
10/17/2020 04:03 PM
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Re: Anyone Here Making Money Selling on Amazon?
I did ok for a while but got discouraged when things got returned or did not sell. But I think it's worth the effort overall to profit some. I'm moving more to ebay now because of auction format, though not doing much currently. I have stuff to list though and I like sourcing.

Last Edited by syncro on 10/17/2020 04:04 PM
Anonymous Coward
User ID: 79240261
United States
10/17/2020 04:27 PM
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Re: Anyone Here Making Money Selling on Amazon?
my brother in law runs a full fledged business with Amzon. I hate the company but he takes in around a million a year. After advertising(promoted listing scam that they force upon you) it's about half a mil in profits; not too shabby but we are all peasants compared to Premier Bozos
Anonymous Coward (OP)
User ID: 76766798
United States
10/17/2020 04:53 PM
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Re: Anyone Here Making Money Selling on Amazon?
I remember meeting this young guy who was doing a million dollars in sales on Amazon.

But I always just chalked it up as a fluke if you got successful. Not sure what to believe. I see stuff that suggests it's not a good time to try it anymore. Whereas I see stuff that suggests now is the time to set up shop there. I just don't know what to believe.

Do you have to buy inventory?

Is it like shopify dropshipping where you get products from suppliers like Aliexpress and they mail them for you?
Anonymous Coward
User ID: 77794378
Australia
10/17/2020 04:57 PM
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Re: Anyone Here Making Money Selling on Amazon?
Your mom keeps her bj rate at $5 so money isn't an issue for me at the moment.
Anonymous Coward
User ID: 79503364
Ireland
10/17/2020 05:07 PM
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Re: Anyone Here Making Money Selling on Amazon?
scheming <--- Rub thy hands


[link to www.youtube.com (secure)]
Anonymous Coward
User ID: 34379757
United States
10/17/2020 05:10 PM
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Re: Anyone Here Making Money Selling on Amazon?
Vintage does well on Ebay and Etsy, but Etsy is a bunch of liberals. I dunno.
Anonymous Coward (OP)
User ID: 76766798
United States
10/17/2020 05:25 PM
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Re: Anyone Here Making Money Selling on Amazon?
Talking about all the fees charged by Amazon...

When you look at dropshipping and I know some guys are killing it on that platform, but they're paying a ton of money in Facebook ads.

Doesn't that ultimately make it a wash though?

Amazon fees eat up profit.
Facebook ads eat up profit so it comes out as a wash as to the viability of both?
Anonymous Coward (OP)
User ID: 76766798
United States
10/17/2020 05:33 PM
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Re: Anyone Here Making Money Selling on Amazon?
Vintage does well on Ebay and Etsy, but Etsy is a bunch of liberals. I dunno.
 Quoting: Anonymous Coward 34379757


I read a story a year ago that a single mom in her mid-20's sold scarfs and socks on Etsy and made close to a million from it in a single year.





GLP