How much does it cost to start your own Amazon seller business?<\/p>\n\n\n\n
The answer depends on who you ask!<\/p>\n\n\n\n
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<\/em>.<\/p>\n\n\n\n So who’s right?<\/strong><\/p>\n\n\n\n Technically both are right. Let me explain what I mean by that. <\/p>\n\n\n\n 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.<\/p>\n\n\n\n The method I advocate for is almost the opposite<\/em> 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:<\/p>\n\n\n\n Risk<\/strong> is significantly lower<\/p>\n\n\n\n Allows the new seller to start on a limited budget <\/strong>and build from there.<\/p>\n\n\n\n Allows the new seller to get experience<\/strong> before progressing to the more advanced (and costly) processes, such as trademarking and purchasing large amounts of stock.<\/p>\n\n\n\n Last (but not least!), when a person has a lot to lose, they often make mistakes<\/strong> and poor decisions. This is especially true when the person has no prior experience of starting or running a business. <\/p>\n\n\n\n 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<\/em>. <\/p>\n<\/blockquote>\n\n\n\n\n