CAN NOT DO PROFIT
we launched a product on Amazon to see if We can do profit or not. After one and half years we did not do any profit and our account balance still is on negative. The ads bids are too much. And If do not give ads we can not sell. So and Amazon do not give same chance to all similar products. We found that it injustice. We work for just Amazon's Wallet to make them more rich.
CAN NOT DO PROFIT
we launched a product on Amazon to see if We can do profit or not. After one and half years we did not do any profit and our account balance still is on negative. The ads bids are too much. And If do not give ads we can not sell. So and Amazon do not give same chance to all similar products. We found that it injustice. We work for just Amazon's Wallet to make them more rich.
12 replies
Seller_kIukTwdhvntAp
"After one and half years we did not do any profit and our account balance still is on negative."
Look at the bright side -- at least YOU know that you are not making money.
Estimates are that as many as 25% (or more) of sellers on Amazon are actually LOSING money and simply don't know it.
All the get rich quick schemes on YouTube and TikTok and all the 'gurus' scamming people out of money on their sales 'lessons' end up with thousands of people a week starting here with no clue about how to sell anything --
NO research as to profit potential.
NO market testing elsewhere to see if there is demand.
NO price testing to see if there is enough price elasticity to generate sales at different pricing levels.
You never furnished your deactivation notice six months ago when I asked you to, but apparently that got fixed or you would not be here now (https://sellercentral.amazon.com/seller-forums/discussions/t/65585d25-1e02-43ec-895a-e4c8d137b688?postId=65585d25-1e02-43ec-895a-e4c8d137b688).
What are you selling? Are you competing with 1000 other sellers? Did you study the market for competition?
If you are/were sourcing from 'offshore' are you selling the same items that your suppliers are selling?
If you are doing FBA withdraw the items and fill orders FBM in order to save huge amount of money that now go to AMAZON.
And, finally, sell elsewhere with lower fees!
Seller_rGcQW1yb6ZWbC
it’s a fine line. You have to find/make a product you can sell for a profit. Not everything will be profitable on Amazon. Many sellers have some products that make money and some products that don’t.
If you have a good product that will make you money on another site, it may be best to concentrate your efforts elsewhere.
Amazon isn’t fair. E-commerce isn't fair. No matter who you are - big or small - the name of the game is to make money. That goes for every seller on here as well as Amazon.
Good luck.
Seller_sUCPPgZ4lnYXh
If you are not getting profit why feed the beast? There are other lamb for your dinner rather than just feeding the beast that is drying you up. Here is not everything.
Danny_Amazon
Hello @Seller_ayPnTvYR8eLF0- and thank you for looking to the seller forums for some guidance managing Ad spend and driving net profit.
I am glad to see the community has already chimed in with some guidance on the topic. I did want to help ensure you had the following resources on optimizing campaigns, managing ad budgets, these three steps to improve your keyword strategy, and this intro to optimizing listings, as all tangible actions you can take to manage your ad spend and help drive traffic into conversions.
Thank you again for posting, and I hope this content proves useful.
Best,
Danny