Frequently Asked Questions
What is the expected timeline for the business to start generating sales?
Our standard timeline for preparing a store to become fully operational is usually around 6 months. However, it’s important to note that this timeframe only accounts for the steps needed to get the store ready for inventory purchase, such as ungating, sourcing inventory, building supplier relationships, and other related tasks. It may or may not include the time required to generate revenue as that time varies and can range from 6-12 months.
What is the frequency of payments?
Amazon Marketplace: Payments for sales made on Amazon Marketplace are typically disbursed every 14 days, although there may be some variations based on the seller’s location and payment method. It’s important to note that these payout time frames are subject to change and may differ based on the specifics of your account.
Is it possible to use a credit card to expand the business?
We highly recommend that the credit cards and payment methods match the entity details or owner’s name. The type of credit card and the unique perks offered via various providers is to the discretion of the client. The best performing cards we have seen are AMEX.
Is funding or financing available through your services?
We work with 3rd party funding options we can refer you to if you have a good credit score. They will take a look at your current financial situation and tell you exactly how much funding you qualify for.
What opportunities are available for sellers on Amazon to grow their business?
- Selling in multiple marketplaces: Amazon operates in several countries and regions, which enables sellers to reach new audiences and tap into different markets.
- Utilizing Amazon’s advertising tools: Amazon provides various advertising options, such as Sponsored Products and Sponsored Brands, which can help sellers increase their visibility and drive more sales.
- Participating in Amazon’s subscription-based programs: Amazon offers several subscription-based programs, such as Amazon Prime and Subscribe & Save, which can help sellers build customer loyalty and encourage repeat purchases.
- Leveraging Amazon’s fulfillment network: Sellers can use Amazon’s fulfillment network, known as Fulfillment by Amazon (FBA), to store and ship their products. This can help sellers reach more customers with faster shipping times and increase their chances of winning the Buy Box.
Establishing and promoting their own brands: Amazon provides tools and programs that allow sellers to create and promote their own brands on the platform, such as Amazon Storefronts and Amazon Brand Registry. This can help sellers differentiate themselves from competitors and build customer loyalty.
What is the level of experience of you and your team?
- Together, our team has accumulated more than 50 years of experience
What are the types of clients that you collaborate with?
- The best type of clients are those who understand that this is a hands-off investment. Our team is more successful when working with clients who recognize that this business model is slow and steady, and not a ‘get rich quick’ scheme. Scaling up the business takes time and is dependent on the platform we’re using. Our team adjusts and shifts strategies daily to support our partnership with our clients. Therefore, timelines can vary and be fluid, so understanding this aspect is key to our mutual success. Our clients are people who have capital but don’t have all the time to build, grow and manage their own Amazon store, this is why we take some of the weight off of your shoulders and help you run it.
Is customer service handled by Automate My Cashflow?
Our clients’ stores are ran as Amazon FBA (Fulfillment by Amazon). This is a service offered by Amazon that allows sellers to store their inventory in Amazon’s fulfillment centers. With FBA, Amazon takes care of the storage, packing, and shipping of the seller’s products to their customers.
Here’s how it works:
- A seller sends their products to Amazon’s fulfillment centers.
- Amazon stores the products in their warehouses.
- When a customer places an order for the seller’s product, Amazon picks, packs, and ships the product to the customer on behalf of the seller.
- Amazon also handles customer service and returns for the seller’s products.
Is it possible for me to become an affiliate for Automate My Cashflow?
We would love for you to become an affiliate for us. As an affiliate, you can earn a 2% commission for every customer you refer to us who purchases one of our services. For more information on becoming an affiliate, please visit our ‘Affiliate’ page.
What are the steps to get started with you?
To take your first steps with us, all you have to do is schedule a call. You’ll be directed to a form where you can answer a few short questions to provide us with context about your situation. Once you’ve completed the form, you can book a call with a member of our team.
Important note – It’s crucial to understand that any investment opportunity carries risks, and your investment may fluctuate over time.
At Automate My Cashflow we ALWAYS encourage our partners to carefully evaluate their investment goals and risk tolerance, As we are committed to total transparency in order to give you the highest chances of success.