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Thinking about starting an eCommerce business with Amazon? Amazon is a great platform to sell on. However, there are many misconceptions when it comes to selling on Amazon, and for that many entrepreneurs quit their business. We're going over expectations versus reality when it comes to having a business on Amazon.
Expectation 1: Signing up is easy peasy!
Reality 1: It may be simple to sign up, but there's a lot of necessary steps and documentation needed. What most people don't realize is that all your documents need to match when you are signing up. You'll also need to get verified by an Amazon rep.
Expectation 2: You need thousands of running capital.
Reality 2: When it comes to FBA (Fulfilment By Amazon) you will need approximately $5,000 or more. When it comes to dropshipping, you can start with $500+. The more the better as these are minimums!
Expectation 3: You can start making money ASAP!
Reality 3: It really comes down to your work ethic....
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