Amazon FBA training courses aren’t cheap, which is why you should do your homework before investing in one.
But, with so many Amazon FBA training programs available, how do you know which is worth your time and money and which isn’t?
Tom Wang’s Amazon FBA Masterclass course is one example.
Tom promises that he can help you become a millionaire in 12 months by selling things on Amazon.
Is the FBA Masterclass really that good?
This Amazon FBA Masterclass review will tell you everything you need to know.
This FBA Masterclass review has been thoroughly researched with information and testimonials that are available online to anyone in the public. Any conclusions drawn by myself are opinions.
Table of Contents
ProsWhat I Liked
Tom Wang is a successful Amazon seller
The course covers every aspect of FBA business
ConsWhat I Didn't Like
It doesn't offer any refund
Amazon is highly competitive w/ high start-up costs
This review will go over Amazon FBA Masterclass to see if it really is the best eCommerce course out there.
You’ll learn whether eCommerce is the right online business for you.
And at the end, you’ll find answers to some of the most frequently asked questions regarding Amazon FBA Masterclass and eCommerce in general.
But most importantly, you’ll see the exact system many others have used to build their own internet marketing business to over $40,000 a month in mostly passive income.
This system made them swear off eCommerce for good, because it uses some of the same skills but in a much more powerful and profitable way!
What Does FBA Stand For?
Fulfillment by Amazon or FBA is a shipping and storage service provided by Amazon to assist business owners in selling their items.
Companies ship their products to Amazon fulfillment centers, which are specifically intended for FBA services.
The products are then received, picked, and packed in the center by Amazon before being shipped to the consumer. Returns, refunds, and customer support are also handled after the sale.
What Is FBA Business?
An Amazon FBA business allows you, as the seller, to select the products you want to sell, find a supplier, order the products, package them, and send them.
Everything is stored in one of Amazon’s several Fulfillment Centers, and they handle the rest.
It’s not the same as being an Amazon Affiliate.
While Amazon FBA has its advantages and disadvantages and numerous aspects to learn as a seller, the FBA business model is rather appealing, especially when discussed in great depth.
What Is FBA Masterclass?
If you like to quit your day job and manage your Amazon business full-time, FBA Masterclass will get you there.
The course is taught by serial entrepreneur Tom Wang, who was able to quit his day job after launching his first Amazon product within a year.
It wasn’t simple, though. Wang had seven failed startups before finding success with Amazon. Even so, he experienced numerous roadblocks along the way.
“I’ve been where you are. I know exactly how you feel. I felt the highs and the lows. I have the experience and expertise to help you navigate through the rough terrains and violent currents of entrepreneurship. Don’t get me wrong. I do NOT know everything. I never will. But I am willing to fail in order to succeed. I am willing to give back to push forward.”
Wang’s FBA Masterclass is one of the most expensive courses on the market, but that isn’t necessarily a negative thing.
You get what you pay for, and in this instance, you’re paying for 320 modules that go far beyond the basics. In addition, you’ll be getting advice from a seven-figure seller.
Who Is Amazon’s Tom Wang?
Tom Wang is a well-known Amazon seller.
He founded FBA Masterclass, an Amazon coaching company, to teach people how to make money selling a single product on Amazon.
Tom Wang grew up in China before moving to Canada in 2001.
Tom worked as an account manager at the Yellow Pages call center prior to selling on Amazon.
In 2017, Tom began selling his first product on Amazon. The first two products were a flop since he didn’t know how to sell on Amazon properly.
His third Amazon try is a success. Tom claims to have sold over $5,000,000 in Amazon sales.
In 2019, Tom Wang launched the Amazon FBA Masterclass to teach people how to sell on Amazon using Tom’s single product profit technique.
Tom claims that with his instruction, you can make millions in a matter of months.
If generating $20k – $40k per month selling on Amazon is very simple, why does Tom Wang sell the FBA Masterclass for so little?
Tom Wang may not be able to make a profit selling on Amazon. He’s making a lot of money off of the FBA Masterclass.
What Does Tom Wang Do?
Tom Wang is a serial entrepreneur with a penchant for “scaling the unscalable.”
In January 2017, he launched his first Amazon product, and by December of that year, he was able to quit his day job.
He now has a seven-figure Amazon brand and teaches people how to launch their own Amazon FBA businesses.
He also posts Youtube videos to share his experiences, as part of his Amazon coaching business strategy.
What’s Inside Tom Wang Amazon FBA Masterclass
Tom Wang’s FBA Masterclass is named “The Single Product Profit System.“
Yes, this FBA Masterclass teaches you how to sell one product at a time on Amazon by following three simple steps.
Step 1: Selecting the Right Product
According to FBA Masterclass, the best Amazon products to sell are:
- Under $50, compact, lightweight, and available all year.
- Those with little competition, with fewer than 100 reviews.
- Products that have at least 3,000 searches per day.
- Something that can be purchased for $1 or $2 per unit.
You will learn how to use an Amazon gold mining tool known as the Viral Launch to find the right product.
Viral Launch costs between $58 and $166 each month. Tom Wang receives a commission if you sign up for this service.
If you don’t have time to complete step 1, you can pay the FBA Masterclass team to search for the right products for you.
Step 2: Rock Bottom Sourcing Process
This lesson will teach you how to find the best quality product at the lowest possible price.
Tom recommends contacting 30, 40, or even 60 different Chinese vendors to discover the best pricing for your chosen products.
You then bargain with a few providers to acquire the best deal.
Once you’ve decided on a Chinese supplier, you’ll need to get an inspection company to come to the plant and inspect the product quality.
Tom claims that he never paid the supplier in advance. You should pay a 30% deposit at the start and the remaining 70% after the product has passed inspection.
This is a time-consuming procedure. I’m not sure how you’re going to do this while enjoying time with your family at the beach.
Now that you know how to find the right products and how to get them at the lowest possible price, it’s time to sell them on Amazon.
Wait! Isn’t it necessary to first deliver the product to the Amazon warehouse in the United States?
Yes, indeed. You must pay the shipping costs to get the merchandise to Amazon before you may sell it.
Step 3: Rank and Bank System
You are responsible for listing the physical products for sale once it has been checked into the Amazon warehouse.
You’ll learn how to create a listing with photographs, videos, copywriting, and keywords in the product description.
After the product gets live, you must collect reviews in order to improve its rating on Amazon.
FBA Masterclass offers both organic and paid traffic strategies for increasing product ranking.
Organic ranking is free, but results take a long time to appear.
Tom wants sponsored traffic to improve his rating. This will set you back plenty of money.
Paid traffic entails purchasing Facebook advertising under the “Free Product for Reviews” strategies.
So you go on Facebook and offer a free Amazon product in exchange for a review. They clicked on the advertisement, bought the product, and left a review. You confirm their order and send the reimbursement to them.
Amazon recently prohibited this marketing strategy.
I’m hoping FBA Masterclass will update this lesson.
If you use this illegal marketing method to enhance your rating, Amazon will suspend your seller account.
How Much Does Tom Wang FBA Cost?
The Amazon FBA Masterclass with Tom Wang costs $6,997.00.
The FBA Masterclass has 320 lessons divided into 13 parts, in addition to coaching calls and bonuses.
How much money do you need? Aside from the course fee, you will need a budget of $10K to $15K to launch your first Amazon product.
Purchasing the FBA masterclass if you don’t have at least $20,000 to invest is a waste of money.
Attending Tom Wang’s Amazon FBA Masterclass will not earn you $20K or $40K per month. You earn money by selling things on Amazon.
Tom Wang is a real person (not an actor).
He was a well-known Amazon seller. There is no doubt about his ability to teach about the FBA business.
Every part of the FBA business is covered in training.
You will learn everything there is to know about starting and managing an FBA business.
Tom Wang is continually striving to improve the learning experience for all of his program’s participants. He is concerned about his students.
The course is pricey.
Although Tom sometimes offers free training, the business strategy necessitates a significant investment in digital advertising and tools.
Be cautious when purchasing a nonrefundable digital course such as FAB Masterclass.
It does not allow you enough time to assess the training. You will wind up buying something that you will never use.
Amazon FBA is a highly competitive business with hefty start-up costs.
Making money online through Amazon is no longer a lucrative business. You are vying for little profits against millions of Chinese sellers.
10. Is Amazon FBA Worth It In 2022?
Several years ago, Amazon FBA businesses were the easy way to become a fortune and relocate to the Bahamas.
Everyone and their mother had an internet business—beginning an Amazon business was a lucrative way to make money quickly!
That simply isn’t true in 2022.
The industry is now oversaturated with private brands or con artists looking to make quick cash.
Prime consumers’ expectations have only grown, as have shipping costs, fulfillment fees, and the other costs associated with running an Amazon FBA business.
Trade wars between the United States & China haven’t helped. China used to be the best destination to source FBA products because it has the world’s most affordable manufacturing.
Many vendors are now moving to manufacturers in the United States, resulting in increased prices.
Can You Make Money With Amazon FBA Masterclass?
Yes, you can make money with Amazon businesses. And you can definitely learn a thing or two from Tom Wang’s experiences and apply them to have a profitable business.
There’s a lot that comes along with eCommerce that many people struggle with.
Now, don’t get the wrong idea…
It’s not impossible to make money with eCommerce, but if you’re gonna put in the amount of grueling work to do this business (which, trust me, isn’t easy), you might as well bring in some REAL money while you’re learning the ropes.
The program that helped skyrocket many online businesses to over $40,000+ per month is so simple that making money really does become second nature.
Is Amazon FBA Masterclass A Scam?
Amazon FBA Masterclass is not a scam.
The program can teach you how to build and run your own brand on Amazon.
It is entirely possible to build a profitable, successful eCommerce business… But there are better ways to build a business other than with eCommerce.
Because unlike Amazon FBA Masterclass, it actually provides real proof of real success from real people as recently as a few days ago.
Is Amazon FBA Masterclass Legitimate?
The Amazon FBA Masterclass is a legit course by Tom Wang. This review has provided exactly what you are getting when you trust the guy.
But, when it comes to building a real business, you have plenty of options.
Keep in mind, I don’t get paid to promote any of the programs we review. I personally think eCommerce is a great business model, but you could end up leaving way too much money on the table.
What Is My Top Recommendation For Making Money Online In 2021?
My review team has come across a program in the real estate industry that is next level!
Although it’s not real estate in the traditional sense, it’s all digital.
Where Amazon FBA Masterclass falls short is in scalability.
You can’t realistically expect to be able to make passive income when you have to watch your store and manage ads all day.
But what if you leverage it?
With this digital real estate program, you can have the ability to completely walk away from the laptop because there is no ad management!
Sound too good to be true? Of course it does! But it isn’t…in fact, business owners wish they had this skill!
All you have to do is build and rank a website and forward the jobs off to a business owner in town, you could even email it to them!
This works for literally any service based business, tree service, plumbing, towing, etc.
How do you get paid and how much?
Simple, after you forward the jobs off to a business owner and he makes some money off of them, you simply ask to make the deal beneficial for each other.
A fair price to charge per lead, depending on the industry is 10-20%…let’s just use the tree service industry for example and go by worst case scenario.
Let’s say you build and rank the site and only 10 jobs a month come in. The average tree service job is anywhere from $500-$2000!
That means at bare minimum you have an asset worth $500 a month!
See why they call it digital real estate now? That’s a rent payment.
The great thing is how easy it is to scale. You don’t have to answer the phone…all you have to do is get the phone to ring.
Remember Amazon FBA Masterclass and all the small profit margins?
This one actually allows you to collect that without being on the laptop managing a store all day. Truly passive income!
The training program takes making money online to a whole other level. The owner of the program walks you through how to build and rank a site hand in hand, with the occasional voice over when he is sharing his screen.
You will learn the importance of keywords, website name, how to send call notifications via email, backlinking, etc.
Once the training program is completed you will also have access to a Facebook group much better than the Amazon FBA Masterclass group in our opinion. This group is much more active.
Unlike Amazon FBA Masterclass, where you have to run ads all day and worry about getting a $5 profit off a $50 product 1,000 times over…. A business will always want more leads and another job. In fact it doesn’t even matter that the job isn’t coming from their website name…they see it as it is…expanding digital real estate.
Unlike Amazon FBA Masterclass, more people have been able to walk away from their 9-5 job as well.
Digital real estate allows you to have total passive income with most of your day being spent OFF the laptop.
Now, I know you probably have tons of questions… So, check this out to learn more.