How much does it cost to start your own Amazon seller business?
The answer depends on who you ask!
Some will tell you that you need thousands of dollars just to set up your first listing on Amazon, while I say you can (and should) do it for only a few hundred.
So who’s right?
Technically both are right. Let me explain what I mean by that.
Those who say you need a minimum of a few $1000 advocate for the new seller to jump in at the deep end, which involves trademarking a brand, getting logos embossed on the product, and investing in a relatively large amount of stock. In my opinion, this is a highly risky strategy for a brand-new seller. It also excludes those who don’t have that kind of starting budget.
The method I advocate for is almost the opposite of the above, allowing the new seller to start with less than $500 and gradually scale things up over time. There are several big advantages to this method:
Risk is significantly lower
Allows the new seller to start on a limited budget and build from there.
Allows the new seller to get experience before progressing to the more advanced (and costly) processes, such as trademarking and purchasing large amounts of stock.
Last (but not least!), when a person has a lot to lose, they often make mistakes and poor decisions. This is especially true when the person has no prior experience of starting or running a business.
I believe that the new seller has a much better chance of sticking with it and building a successful and profitable Amazon business if they start small.