QA Selling Online

Today I bring you the top 7 mistakes of Amazon FBA Sellers #1 – Not knowing the costs This is my biggest pet peeve when it comes to selling onlineMost Amazon FBA sellers think they have huge margins but, they have not taken into consideration all the costs associated with selling online. I often hear people say something like: “I am selling a product for $8 but I’m getting 60% margins” This is nearly impossible! Just think about it, Amazon takes 15% of your gross, then you have $3 of pick and pack fees (unless you are in small and light) That right there is almost 40% and if you add the 15% commission you realize Amazon is taking already 65%. Then you need to account for the price of purchasing the item, let's say its $1 to make things simple and another $1 to ship it to the US and clear customs. Your total costs so far are already over $6 and you didn’t even account for the PPC, returns, taxes, giveaways (if you are doing any), your packaging, photography or 3D rendering, Logo design to