Amazon Fba Business

7 Amazon Fba Business Success Stories [2024]

Pat Walls

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Updated: October 7th, 2024

Amazon is ripe with opportunity, which is making it possible for people to make a lot of money with little investment or effort.

Amazon has over 2.3B visitors per month, With this huge audience, Amazon is an amazing opportunity to start your own business. In fact, you can sell products with very low competition.

In this list, you'll find real-world amazon FBA business success stories and very profitable examples of starting a amazon FBA business that makes money.

1. MyFBAPrep ($6M/year)

Tom Wicky, Bart Boughton, and Taylor Smits came up with the idea for MyFBAPrep after realizing there was a lack of a scalable FBA Prep and DTC fulfillment service for Amazon sellers. By leveraging their collective experience in eCommerce, they built an asset-light network of 40 warehouses with 2 million square feet of space, powered by their proprietary SaaS platform Preptopia™. Since its launch in 2018, MyFBAPrep has grown to a $5 million+ annual run rate with no outside capital investment.

How much money it makes: $6M/year
How much did it cost to start: $200K
How many people on the team: 15

We Built A $6M 3PL Company In 3 Years

Entrepreneur Tom Wicky founded MyFBAPrep, a nationwide network of third-party logistics warehouses, in 2018 with partners Bart Boughton and Taylor Smits and self-funded/bootstrapped it into a $5 million+ run rate annually, growing 1000%+ annually year/year since inception, with no outside capital investment, since its inception and processing over 4 million products through the network with a Gross Merchandise Value (GMV) of over $1 billion.

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2. BuildFBA ($1.2M/year)

Samrudha, the founder of a 6-figure Amazon e-commerce business, came up with the idea after being heavily impacted by the pandemic and looking for a touchless business model. Starting with dropshipping and then transitioning to Amazon arbitrage, Samrudha eventually decided to develop a unique product, a bike wall stand, due to high demand in the biking niche. With a bare minimum capital of $5,000, the business has now achieved over $1 million in sales in just 2 years' time.

How much money it makes: $1.2M/year
How much did it cost to start: $10K
How many people on the team: 3

How A $5K Investment Turned Into A Million-Dollar Ecommerce Business

This case study follows the journey of a founder who built a 6-figure Amazon e-commerce business from scratch, with initial capital of $5k USD, and achieved more than $1M in sales in just 2 years, focusing on a unique niche in sports and outdoors products through influencer marketing and quality products.

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3. Craig Adam ($720K/year)

Craig, a 34-year-old Dad from the UK, started an eCommerce business selling kitchen tools and utensils on Amazon. After feeling trapped in his construction job and looking for alternative ways to generate income, he stumbled across the Amazon FBA business model and launched his business in December 2015. Within the first month, he turned over an impressive $19,233 and managed to quit his job just 5 months later.

How much money it makes: $720K/year
How many people on the team: 0

How I Built A Six Figure Amazon FBA Business

Craig, a former construction worker, left his day job to start an eCommerce business selling kitchen tools and utensils on Amazon in the US that generated $19,233 in their first month and by month 6 was turning over $33,000+; he has since scaled the business to multiple 6 figures and is now dedicating his time to helping others create more time and financial freedom in their lives by starting their own businesses.

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4. Stoic Muse ($120K/year)

Jeff, the founder of Stoic Muse, came up with the idea for his business while living as a digital nomad in Bali. Inspired by Stoic philosophy, particularly after listening to "The Obstacle is the Way" by Ryan Holiday, he decided to create art and merchandise based on these principles and sell them on Etsy. The ease of using Print on Demand services made it simple to design and launch products without any upfront costs for prototyping or manufacturing.

How much money it makes: $120K/year
How much did it cost to start: $0
How many people on the team: 1

Starting A $3K/Month Stoic Wisdom Inspired Arts Etsy Store While Digital Nomading In Bali

Jeff started Stoic Muse, a creative side project selling 100-150 t-shirts per month ($3K revenue) on Etsy, without any upfront costs for prototyping or manufacturing, by learning graphic design and using Print on Demand to fulfill the merch.

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5. Debt To Dollars ($84K/year)

Josh Ellwood, the founder of Debt To Dollars on YouTube, came up with the idea for his business after realizing the importance of time wealth rather than just financial wealth. After successfully starting multiple side businesses, he decided to create a YouTube channel to share his knowledge and experiences with others. Through trial and error, he found success with a video tutorial on how to list your first product on Amazon, which has since gained almost 600k views and generated nearly $40k in revenue.

How much money it makes: $84K/year
How much did it cost to start: $300
How many people on the team: 0

How I Started A YouTube Channel That Generates Over $80K Per Year

Debt to Dollars, a YouTube channel focused on teaching people how to start profitable side hustles and create financial freedom, has been able to generate over $80,000/year in ad revenue, with additional income streams from Patreon, Fiverr, brand deals, and affiliate marketing due to its success teaching others how to sell on Amazon using Fulfillment by Amazon services.

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6. Seller Repay ($60K/year)

Robin McCartney, an Amazon seller, came up with the idea for Seller Repay out of frustration with the time-consuming process of filing FBA reimbursements. After developing a prototype and testing it on his own seller account, McCartney rebranded the software as Seller Repay and launched it as a SaaS tool to help sellers easily file FBA reimbursements. Despite facing competition in the market, Seller Repay differentiates itself by providing exceptional customer service and building strong industry relationships. While still in the investment phase, McCartney remains optimistic about the future growth potential of the business.

How much money it makes: $60K/year
How much did it cost to start: $30K
How many people on the team: 3

How I Created A $5K/Month Amazon FBA Reimbursement Solution

Amazon seller and entrepreneur, Robin McCartney, shares how she created a successful software-as-a-service (SaaS) tool, Seller Repay, that helps Amazon sellers file FBA reimbursements, generating $5k per month and recovering $7k for her own account during the first run.

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7. MohitEcommerce ($27.6K/year)

Mohit, the founder of MohitEcommerce, came up with the idea for his business after gaining experience in the eCommerce field and working with various online marketplaces in India. He saw a growing need among small businesses to navigate marketplace policies and set up their businesses online. Mohit started providing seller services and business consultancy through his website, attracting customers through his expertise and practical approach.

How much money it makes: $27.6K/year
How much did it cost to start: $900
How many people on the team: 3

I Built A Profitable Business Helping E-Commerce Stores In India

MohitEcommerce founder Mohit shares his experience of starting and scaling an eCommerce service business in India, offering Amazon and Flipkart seller training and account management services, and generating $2k to $3k per month, mainly during the pandemic when small businesses were turning to eCommerce marketplaces.

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Read by 2,920 founders