AMAZON FBA: The first business idea I want to review is Amazon FBA. Everybody has purchased something on-line from Amazon. Everybody knows what Amazon is. Many of you are familiar with the Fulfillment By Amazon (FBA) program. It’s basically a value-add service. Amazon agrees to make sure the customer is 100% satisfied with the merchandise they have ordered and goes to great lengths to ensure customer satisfaction.
What you may not know is that on the other side of an FBA transaction is a regular person, who purchased and sent in the merchandise and gets the monetary credit for the transaction.
Here’s an example of how it works. Let’s say, for instance, that one day, after work, I have to go to Walgreen’s drug store to pick up something for my wife. As I’m picking up her prescription, I walk by the clearance rack. In Walgreen’s in particular, the rack is usually located in the same place in each and every store, so there is a pattern to be followed. Many times, the actual merchandise on clearance is also the same, so if you can find a winner, you can go to multiple Walgreen’s and purchase that particular item over & over again. I’m getting ahead of myself. Back to store #1.