Is Amazon FBA Dead In 2022?

Amazon FBA is an online selling platform that lets small sellers compete with big names and get the chance to be sold on Amazon. A few years ago, this was a revolutionary idea – one of its kind in the global market. Nowadays, however, it has slowly declined due to low profit margins for both suppliers and Amazon itself.
The question asked here is whether or not there will still be any use for Amazon FBA as time progresses? If so, how much more value can they bring until 2022 when we are supposed to see them decline?

The “is amazon fba oversaturated 2022” is a question that has been asked by many people. Amazon FBA may be dead in 2022, but it is not yet too late to start selling on the platform.

Is Amazon FBA Dead In 2022?

Tom Wang Snowboarding Accident

It’s complex, according to Tom Wang, creator of FBA Masterclass. He even took a break from his post-concussion therapy (apparently, he had a bad fall while shredding that gnar-gnar, brah) to make a YouTube video about it. “The most common question I hear from newcomers is, “Is Amazon FBA dead?” Tom explains. “And the fundamental question they’re asking is: Is Amazon FBA still a viable business opportunity?” Or am I already too late? “Has it reached saturation?”

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“Will 2022 have too many competitors?” Tom goes on. “Chinese competitors are selling, Chinese companies are closing, cargo ships are sinking at sea or at ports, and X, Y, and Z are all happening.” There are several extrinsic influences. Is Amazon FBA still a good investment? If you’re selling on Amazon FBA the way folks were selling in 2015 vs today, I’m going to tell you right now, no BS. Yes, Amazon FBA is no longer active. Everyone else is doing the same thing right now.”

What Tom means is that back in the day, you could just go to Alibaba and put in any term, purchase a thousand units from a Chinese manufacturer, send it to Amazon, sell it, mark it up a little, and actually earn money. It wasn’t even necessary for your listing to be that nice. It didn’t matter if you simply slapped it together and performed minimum effort. Why? There were just not many merchants on Amazon at the time. You just needed to turn up.

What if you followed the same half-baked strategy today, in the year 2022? You may as well avoid Amazon FBA entirely. Simply save your money, invest in equities, and maybe invest a little amount in cryptocurrency. Amazon FBA vendors are significantly more savvy these days. There are tools, software, and teams that have mastered every stage that have been put in place years ago. Every niche’s best sellers have hundreds of reviews and a lot of momentum.

Tom Wang Friends

So, what should you concentrate on if you want to conduct Amazon FBA in 2022 and beyond? Tom says there are two things. The first is your demographic goal. Who are your clients? Why are they looking for something like yours? And how can you communicate directly to their problems so they realize your product is a good fit? The second question is, how can you better service these customers? How do you differentiate yourself from the hundreds of identical goods that appear in Amazon’s search results?

If you nail those two elements, no external variables (such a plant closing or a supplier screwing you) will be able to stop you from succeeding. “Don’t wish things were easy, wish you were better,” as the self-help adage goes. As a company owner, you shouldn’t be wishing for problems to never arise; instead, you should prepare for them and concentrate on being a great problem-solver. What’s more, guess what? The more issues you solve, the more confident you will be when new ones arise.

“So look, I don’t believe the opportunity is dead in any way,” Tom summarizes. “Today, more individuals are purchasing on Amazon than ever before. Find out who your consumers are, why they’re in the market, what issue they’re attempting to address, what needs they have, and what their underlying emotions are. Then, as an Amazon FBA company owner, you must develop a distinct product offering that will stand out in the marketplace.”

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