Hi everyone, today marks exactly 2 months since I started selling on Amazon. Guess what I’ve got?
After 2 months, I’ve sold over 90 units, generating around $2,900 in revenue — but I’ve already spent about $2,000 on ads.
Adding in FBA fees, fulfillment fees, referral fees, discounts/promotions, and startup costs, my total loss has climbed to nearly $3,500.
Oh, and let’s not forget 10% VAT.
What should I do?
If I stop running ads, my products won’t sell. But with ads, it’s not like things are much better. (My current ad click-through rate is about 1–3% depending on the campaign — is that even good?)