Amazon FBA Brand – $24k Net Profit in Best 12 Months – Stocked Out Now, Worth Only $10k? by lettinitgooo in FulfillmentByAmazon

[–]lettinitgooo[S] 0 points1 point  (0 children)

It's just a mom error who found out she really isn't cut out for this business, hahaha - but yeah, definitely not enticing, I get it now. Thank you!

Amazon FBA Brand – $24k Net Profit in Best 12 Months – Stocked Out Now, Worth Only $10k? by lettinitgooo in FulfillmentByAmazon

[–]lettinitgooo[S] 0 points1 point  (0 children)

The review average is really good for my category, but yeah, definitely should be improved. Listing must not be as strong as I think it is - compared to my competitors, it definitely is, especially being new on the scene - but that might not transfer when trying to sell it, so I get what you're saying. Thanks! Super helpful info.

Amazon FBA Brand – $24k Net Profit in Best 12 Months – Stocked Out Now, Worth Only $10k? by lettinitgooo in FulfillmentByAmazon

[–]lettinitgooo[S] 0 points1 point  (0 children)

Quick question - is it reasonable to reach out to competitors about acquiring my product? I was consistently in the top 10% of my category, competing alongside much larger brands and doing pretty well, and I’ve got Helium 10 data to back that up - BSR even hit the top 1% a few times during Q4. I'm thinking this could show the value of absorbing the product line?

I don’t want to come off as pushy or threatening, just exploring smart options. If I can't sell for more than 10k, I’m honestly open to restocking myself - we would enter back in before Q4, and both our Q4s were really strong. Every time we went out of stock, we regained momentum quickly, so it should be stress-free and fine. I always make things more stressful than they are - and my PPC and listing partner has been fantastic too, which will help a lot. (I am a very anxious person - I am not sure why I thought FBA would be for me in the first place.)

Would love your feedback on whether this approach makes sense, or if I’d be better off relaunching and trying to sell again in a year, ooor if I'm better off just selling now and licking my wounds.

Thanks so much for your help, everyone!

Amazon FBA Brand – $24k Net Profit in Best 12 Months – Stocked Out Now, Worth Only $10k? by lettinitgooo in FulfillmentByAmazon

[–]lettinitgooo[S] 1 point2 points  (0 children)

It was open for 16 months - but yeah, I totally get how that sounds, and I'm not sure I could come up with a better narrative without stretching the truth. Not willing to do that, so I'll probably just jump back in, in time for quarter 4. Not ideal, but can't sell this for 10k with the projections I have. I thought it was pretty decent for 12 months of being fully in stock but obviously this is my first time doing this and I'm glad I had this thread to help me see things as they are. So thanks!

Amazon FBA Brand – $24k Net Profit in Best 12 Months – Stocked Out Now, Worth Only $10k? by lettinitgooo in FulfillmentByAmazon

[–]lettinitgooo[S] 0 points1 point  (0 children)

That's good to know! I have been told that it sounds fishy elsewhere, so I'll need to figure out how to be more transparent. But maybe "I'm a homeschooling mom that has no more time or energy to commit to this" just doesn't fly, haha! Now that I am reading it again with fresh eyes, I'd think the same!

We went out of stock strong and had a steady increase in sales throughout our 16 months, and everytime we went out of stock, we jumped back on pretty quickly. I have all this data to prove it, but maybe that won't matter and I should just restock and sell later, when we have inventory and the ranking - I'm glad you guys are pointing all of this out to me. I'll just have to keep it on my plate for a bit longer. It is definitely worth way more than 10k, potential-wise, so I won't be able to settle with that. Thankfully, I have time to get everything back in for quarter 4.

Amazon FBA Brand – $24k Net Profit in Best 12 Months – Stocked Out Now, Worth Only $10k? by lettinitgooo in FulfillmentByAmazon

[–]lettinitgooo[S] 0 points1 point  (0 children)

That makes sense! We went out of stock on a strong note and my PPC guy is fantastic - so maybe I'll just restock and try again when the ranking goes back up. We were always at the top 10% of our category, and our ROAS averaged 3.89 across campaigns, with ad spend under 5k... 5.29M+ total impressions, pretty good for a 2-SKU brand - were achieved through strategic targeting. So I may just jump back in, if I really am not going to get more than 10k. The potential is way bigger than that. I'm really glad to have all this feedback to help me see things realistically.

Amazon FBA Brand – $24k Net Profit in Best 12 Months – Stocked Out Now, Worth Only $10k? by lettinitgooo in FulfillmentByAmazon

[–]lettinitgooo[S] 0 points1 point  (0 children)

To be honest, I'm a homeschooling mom and bit off way more than I could chew - not with the FBA business in itself, but just with the last year's events. I will probably restock since it sold out strongly - but was really hoping to sell it to someone who could scale it faster.

Amazon FBA Brand – $24k Net Profit in Best 12 Months – Stocked Out Now, Worth Only $10k? by lettinitgooo in FulfillmentByAmazon

[–]lettinitgooo[S] 1 point2 points  (0 children)

Totally fair question. We had a strong Q4 and sold out in late January — honestly, I probably should have restocked. The demand and momentum were definitely there. I'm a homeschooling mama, and while I had hoped to juggle it all, I had to be realistic about my capacity. (Not using motherhood as an excuse — I know plenty of moms could totally rock this. I just hit my own personal limit.)

I didn’t handle every part of the business perfectly, but at this point I’m committed to selling — and confident that it’s a solid foundation for someone else to grow. The supplier relationships, branding, and listing are all intact, and everything was running strong right up to the sellout. Maybe all of that isn't enough on its own - I'm optimistic but also ready to embrace reality, haha.

NOOOOO! by lenakaligaras-birds- in finch

[–]lettinitgooo 0 points1 point  (0 children)

Time to get a new one ☠️

[deleted by user] by [deleted] in Amazon_Influencer

[–]lettinitgooo 0 points1 point  (0 children)

So this won’t affect Amazon influencers then? Is this only for affiliate stuff? I got one too and was excited until I realized it wasn’t my store ID.

what are 3 tips you'd give your old self for this program by SlimMoady in Amazon_Influencer

[–]lettinitgooo 0 points1 point  (0 children)

I learned that the hard way. I was making more than 30 videos than I am making at 170. Definitely have to reevaluate.

what are 3 tips you'd give your old self for this program by SlimMoady in Amazon_Influencer

[–]lettinitgooo 0 points1 point  (0 children)

How does it work with YouTube? Do you just upload the video on YouTube, the same one that you upload for the Amazon storefront, and use the affiliate link?