Has anyone bought a UK Amazon FBA seller account?

[nsa]

Wondered if FBA seller accounts are traded. A friend of mine has a reasonably successful FBA account (around 50k per year) and he said rather than try to set up a shop I should thinking about buying one.

[foliedouce]

There is a whole industry out there that does this:-

https://www.prnewswire.co.uk/news-releases/thrasio...

£50k a year is not a successful FBA account, £50k a month is on track to being. The costs of FBA are a lot more than you may expect.

Not sure what you’d be buying at that level, cheaper to set it up yourself.

[DSLiverpool]

nsa said:

Wondered if FBA seller accounts are traded. A friend of mine has a reasonably successful FBA account (around 50k per year) and he said rather than try to set up a shop I should thinking about buying one.

Set one up - see my bio link. It’s the buying not the selling

[nsa]

foliedouce said:

There is a whole industry out there that does this:-

https://www.prnewswire.co.uk/news-releases/thrasio...

£50k a year is not a successful FBA account, £50k a month is on track to being. The costs of FBA are a lot more than you may expect.

Not sure what you’d be buying at that level, cheaper to set it up yourself.

Thanks for the Thrasio link. £50k is net profit, I think that's better than average on Amazon.

I'm checking now to get an idea of what multiple of NP the acquirers pay.

Edited by nsa on Friday 20th August 02:01

[DSLiverpool]

nsa said:

Thanks for the Thrasio link. £50k is net profit, I think that's better than average on Amazon.

I'm checking now to get an idea of what multiple of NP the acquirers pay.

Edited by nsa on Friday 20th August 02:01

Good luck, one of my clients got to the week of exchange (last week) with an established e-commerce business that was only 50% Amazon centric. Just before exchange they got hit with a bullst IP challenge that stopped sales and it’s uncertain they will win.

An industry of ruining Amazon businesses exists, they (and eBay) are so end user biased the slightest sustained issue and your in danger.

Usual MO is multiple cases of “significantly not as described” reported over several days will virtual ruin you on that product possibly worse.

I do this every day.

[Silverage]

I do reasonably well on Amazon and I’m planning to retire from it in a few years. I do occasionally toy with selling the business as a going concern at the end, but I think I’d rather run it down instead. As DS says, you really are in the lap of the gods with it from day-to-day, never knowing what bullst will be next down the pike. It seems to be getting worse recently as well.

[DSLiverpool]

Silverage said:

I do reasonably well on Amazon and I’m planning to retire from it in a few years. I do occasionally toy with selling the business as a going concern at the end, but I think I’d rather run it down instead. As DS says, you really are in the lap of the gods with it from day-to-day, never knowing what bullst will be next down the pike. It seems to be getting worse recently as well.

I have a workable Amazon exit strategy that protects buyers & sellers. If of interest message me - it’s not a cost thing it’s just a method.

[Silverage]

DSLiverpool said:

I have a workable Amazon exit strategy that protects buyers & sellers. If of interest message me - it’s not a cost thing it’s just a method.

I might take you up on that, thanks. My plan was to stop selling on eBay and seller fulfilled on Amazon and just punt all my remaining stock over to FBA until it was sold. As Amazon deal with all the returns that would just look after itself.

[DSLiverpool]

Silverage said:

I might take you up on that, thanks. My plan was to stop selling on eBay and seller fulfilled on Amazon and just punt all my remaining stock over to FBA until it was sold. As Amazon deal with all the returns that would just look after itself.

Don’t do that, if it’s kosher we can put a plan in place to get you a deal.