One time I jumped off a waterfall into a river below. And that 3 seconds of fun ended with two shattered legs and 6 months in the hospital.
Okay. Not really. I would never do something like that without first knowing that it’s safe to jump. Would you?
And now for the clever metaphor for selling private label products on Amazon: I would never just pick a product and jump all-in without knowing what was under the surface.
There are numerous costs and fees involved with sourcing private label products and selling them on Amazon. And if you don’t consider all of them when you’re looking at products, they could break you (again, metaphorically…and actually financially, too). So let’s run through them. I’m going to cover each of these costs in the order in which they appear in the whole timeline of this process.