I guess you’re reading these lines either because you’re curious or because you’re really interested in setting up a business on Amazon. Or who knows, maybe you’re already doing it and want to get an idea of the time and money it’s going to cost you to achieve your goals.
Buying an existing Amazon account
My perception is that it’s a topic that’s a bit trendy. But it may be that I only perceive it that way because I’m in the Amazon bubble so I’m more interested in topics that are related to it than those that aren’t.
About two weeks ago I also wrote about how to estimate the sales value of an Amazon account without yet knowing that I was going to write accurate mobile phone number list this small series of articles. Not starting from scratch and buying an existing business has an essential and obvious reason. You buy something that’s already up and running. At least if you’ve done your homework well and have done a proper Amazon audit.
Now then, what are you looking for? Are you looking for something already done and in perfect condition? This will possibly be the most expensive option. Let’s say your goal is a business that generates an extra thousand euros each month. Here we would be talking about 36,000 euros or more at the purchase price level that is currently being handled in the Amazon account buying and selling market.
My advice when buying and choosing a purchase
Let’s continue with the example above. Your goal is an Amazon account that can provide you with an extra 1,000 euros per month. Maybe what can I do with a broken mobile phone? to lower the acquisition cost you should look at accounts that are already halfway there. Let’s say they already generate 500 euros of contribution margin 1 each month. Now, at this point you have two options:
You have already previously put your batteries into Amazon and you know what to do to optimize listings, operations, purchases, etc. To achieve line data the additional 500 euros per month that you are looking for.
You pay an expert to provide you with that advice
If instead of spending 36,000 euros, you spend 18,000 euros.
It might be worth paying 2,000 euros to get an external opinion that will help you choose better and speed up the entire purchase and subsequent optimization process.
Without having gone into each option in the smallest detail.
I hope you have quickly gotten a good idea of the options you have. In the end, it depends on each person’s situation. Are you more of an investor with capital, are you more of a solo entrepreneur, or are you somewhere in between?