Tom Wang FBA Masterclass – like most Amazon FBA programs – wants you to believe you can build and run a successful e-commerce business that’s automated, profitable, and generates cash around the clock in less than 90 days…
With just a couple hundred dollars in inventory…
Sounds a little too good to be true, huh?
Look, as far as most online businesses go, you could do a lot worse than Amazon FBA.
But does that mean it’s the best solution for you?
That’s what we’ll find out in this Tom Wang review.
The biggest things you have to consider here are:
- Inventory Management
- Product Selection
- Time to Profit
While you can make good money with Amazon FBA, it’s not as easy or simple as most course creators make it sound. Let’s break these 3 down real fast:
1) Inventory Management: If you’re doing an FBA business, the promise is that you don’t need to worry at all about inventory, because Amazon takes care of packing, shipping, customer service, etc.
However, you still need to get products to Amazon. And Amazon has very strict rules all sellers have to follow when preparing products for their warehouses.
This includes packaging, labeling, and registering products in their system. If you’re preparing all products yourself, you’ll spend a TON of time on this step (potentially 4-5 hours a day). So if you’re looking for a passive, automated business that runs itself, this might not be the best fit.
Now, yes, you can hire an Amazon prep center to do all this for you, but that eats into your margins. And remember that Amazon takes around 30-40% in fees for using the FBA program, so your profits are pretty tight to begin with.
2) Product Selection: E-commerce is a cyclical business. “Hot” products are always going in and out of fashion, which means, as an Amazon seller, you constantly need to be on the lookout for the next big thing.
That means monitoring trends, searching for products that might be popular down the line, and constantly in a rat race to – essentially – predict the future.
Sure, you can play in the evergreen market (things people always need and buy), but how much profit margin are you really going to get on meal prep containers, rubber spatulas, and golf umbrellas? Especially when there are hundreds of thousands of other sellers all swimming in that same ocean.
And because you’re constantly hunting for new hot products to sell, that takes up all the valuable time you could be using to travel, explore, read, surf, hike, or whatever else.
3) Time To Profit: Now, this isn’t the slowest turnaround time, but if you think you can put a dollar into inventory today and come out with two tomorrow, you’re sadly mistaken. From the time you first buy products to sell, you could be looking at anywhere from 4-12 weeks before you see a dollar come back.
And it could take twice as long before you break even.
Now, that’s not terrible, but what if you could start building a different (non-Amazon) income stream today, and see your first profits tomorrow?
What if you could build a passive income stream that’s actually passive?
An income stream that doesn’t require:
- Low margins
- Constantly looking for the next hot product
An income stream that brings in consistent revenues every single month (from a couple thousand dollars to well over $10,000)?
An income stream you could actually build in your spare time, and grow as large or as small as you want to, without having to spend hours a day packing, prepping, and researching?
If that sounds like something you’d be interested in, check out Digital Real Estate.
However, if you’d still like to know more about Tom Wang, keep reading.
Who Is Tom Wang?
Tom Wang is a businessman, mentor, YouTuber, and podcast host. As a self-proclaimed “side hustler” his whole life, he has done everything from flipping watches at a night market to selling hoverboards on Craigslist.
Amazon FBA was the only venture successful after starting and failing in seven other businesses. Tom has made almost $5 million selling physical products on Amazon since January 1st, 2017. He’s been on top Amazon podcasts like Viral Launch and Helium10.
He currently coaches others to build and run their own Amazon businesses through his YouTube channel, digital programs, and monthly private seminars in Vancouver, Canada.
In The Beginning
Tom can’t even remember how many enterprises he tried to establish as a kid. Tom Wang experimented with everything from selling watches at a local night market to selling hoverboards.
None of his business initiatives were ever a success.
When Tom first noticed hoverboards spreading on social media in 2015, he reasoned that he could acquire them from China for $300 apiece and sell them for $500 each. He impulse bought the products with his last $5000 and bought 15 hoverboards. Ten of them were found to be faulty.
However, Tom met a man who sold things on Amazon due to his hoverboard encounter. They collaborated, and he ended up selling some units on Amazon. That’s when Tom found out how to sell stuff on Amazon Sales and run a real business.
Start of Amazon FBA
Tom Wang expected Amazon to be just another enterprise in which he would try and fail. He was, nevertheless, open-minded enough to give it a chance.
It wasn’t easy at first. But everything made sense. Amazon has provided you with all customers; all you have to do now is locate a product and rank it on page one. But the difficulty was that he had no idea how to find things or rank them.
Tom was ready to give up after two disastrous product launches. “Ah, Amazon isn’t for me,” he said. His girlfriend/business partner, on the other hand, was adamant and said, “No, let’s give this one another chance.”
Tom approached a few thought leaders in the area and asked for their assistance. They were willing to give me some pointers, tricks, and free training that completely changed my perspective on the game.
Tom Wang had the honor and privilege of being on stage in front of thousands of Vancouver in 2019.
He hopes that by doing these live events, he might motivate people to take action and develop their own profitable Amazon FBA business!
FBA Masterclass Review
If you plan to quit your day job and focus solely on your Amazon business, FBA Masterclass will get you there.
Tom Wang, a serial entrepreneur who quit his day job after launching his first Amazon product within a year, teaches the course.
It wasn’t easy, though. Before achieving success with Amazon, Wang had seven failed startups. Nonetheless, he encountered various difficulties along the way.
“I’ve been in your shoes. I completely get how you feel. I had both highs and lows. I have the skills and expertise to guide you through entrepreneurship’s treacherous terrains and raging currents. Don’t misunderstand me. I am not an expert in everything. I’ll never do it. But, to succeed, I am willing to fail. I am willing to give back to move forward.”
Wang’s FBA Masterclass is one of the most expensive courses available, but that isn’t always bad.
What you pay for is what you receive, and in this case, you’re paying for 320 modules that go way beyond the essentials. You’ll also be getting assistance from a seven-figure seller.
Tom Wang talks about how to make money on Amazon Business. Here’s what you should know. Tom teaches what he calls a “single product profit system.” Essentially, you begin with a single product. Something dull. Less than $50. Simple, tiny, and light. Year-round availability.
I stumbled across his YouTube ad, which had over 10 million views. Tom Wang is investing heavily to bring his single product profit strategy to as many people as possible.
FBA Masterclass offers a variety of programs for a variety of goals and price arrangements. Applying is the best way to find out if you’re a good fit for the program, and their team will review options with you individually.
What’s Inside FBA Masterclass?
Join the FBA Masterclass to Accelerate Your Dream Business.
This all-inclusive training walks you through the process of selling your first winning product step by step. You can speed your path to independence with self-paced training modules, the industry’s most active Facebook group, and live coaching calls.
Approved members will receive the following:
- 200+ courses of easy-to-follow Amazon training
- Monday-Wednesday LIVE expert coaching and mentoring conversations with Tom and team
- New modules with updated strategies and advanced tactics are introduced regularly.
- Tom is available for direct contact in the FBA Masterclass Private Facebook Community.
- Exclusive invitation to Level 2: a secret super-seller group
- Other 7-8-figure Amazon Sellers Provide Private Coaching
- Direct access to VIP guests such as multi-million dollar sellers and private equity investors
- Priority in the queue for partnership invitations and grant funds.
- Thousands of dollars worth of done-for-you templates and systems are included.
YouTube Videos might provide you a broad overview of how to sell on Amazon, but they don’t get into specifics. Some are even out-of-date, making them even less helpful. After taking this course, you won’t be left wondering what to do with all of your stuff.
New e-book format How To Become Rich Quickly On Amazon Download the “Simple Path To Amazon Wealth” e-book and learn how to build up additional Amazon revenue sources.
Is Tom Wang A Scam?
So, is Tom Wang a scam? Not technically. You can make money with this program, but it’s definitely not as easy as Amazon FBA Masterclass makes it sound.
There’s a ton of work to be done upfront, no real guarantee of success, and – most importantly – you need to do a ton of volume to make any real money.
Now, there’s nothing wrong with front-loading the work and making the money later.
But if you’re grinding it out for 3 months and then your reward is 15% profit on a $12 product (which comes out to $1.80), it’s not really worth it.
What if, instead, you could do that same 3 months of work (in your spare time), and your reward was a $500 to $2,000 payment that came in every single month (recurring revenue)?
And what if you actually didn’t need to wait 3 months? What if you could get started today and have your first payment in a week?
And what if you could double it next week?
Well, that’s the power of Digital Real Estate.
And, unlike with Amazon FBA, you can legitimately do this from anywhere. It’s a true lifestyle business.
Your laptop and an internet connection is all you need.
Some of the most successful students in this program run their entire 6-figure businesses from:
- A camper in the middle of the woods
- A beach chair on the water in Mexico
- A small villa in Greece
They’re able to travel around, living their lives first, and focusing on their income second.
Because even if they stop working for an extended period of time, the money keeps coming in.
So adventure, memories, and experience are the top priority.
And they never have to worry about how to pay for the next trip, or consider asking for time off.
If this sounds more like the type of life you want to lead, just click here to find out more about Digital Real Estate.
Are There Alternatives To Amazon FBA Businesses?
Yes, there are plenty of other business models to choose from if you want to pursue this making money online. Here are just a few:
What Is My Top Recommendation For Making Money Online In 2022?
Our review team has spent months researching, reviewing, and vetting dozens of business models and thousands of programs.
While there may be no “perfect business”, the research IS conclusive:
Digital Real Estate is the #1 online business model for those just starting out.
Whether you’ve never made a dollar online, or you’ve been in this space for a while but never really “made it,” Digital Real Estate is for you.
1) It’s Flexible: got an hour a day? You can do this. Ready to drop everything else and dive in full time? You can do this. Yes, the more time you put in, the faster you see results. But even with a little time each day, you can move the needle in a Digital Real Estate business.
And because this system is so flexible, you don’t have to constantly be working to make more money. It’s called PASSIVE INCOME because if you stop working, the money doesn’t.
Imagine taking 3 months off to just tour around Europe, rent a cabin in the woods to write a book, hike the Appalachian Trail, or live on the beach and surf all day.
This is only possible if you have an income stream that’s not tied to your time.
2) You Own & Control EVERYTHING: With Amazon FBA, you don’t really own anything. Yes, you technically own the products before you send them into an Amazon warehouse, but that’s it.
You don’t own the sales platform, you don’t own a brand, and you don’t own the customers.
Not to mention, Amazon can literally shut you down at any time if they believe you’ve violated their constantly changing terms of service.
So you’re building a business that could be completely taken away from you in the blink of an eye.
With Digital Real Estate, you own the assets, which means you have all the power and all the control.
3) Little To No Startup Costs: It’s possible to get into Digital Real Estate with zero dollars upfront. Because, using the strategies outlined in this program, you can get a client to pay you BEFORE spending a penny out of your own pocket…even before you do any work.
Even without getting paid in advance, you can have your first Digital Rental Property up, running, and generating profits for less than $100.
4) No Inventory: As mentioned above, spending 4-5 hours a day prepping and packing products to send to Amazon is a huge time commitment.
Plus, you constantly need to be buying new products if you want to maintain your business. You need to spend even more money if you want to scale up.
With physical products, you’ll always have limits on your time and freedom.
With Digital Real Estate, a 100% online business, you never have to worry about that.
5) Easy To Duplicate: Ok, here’s the best part: once you have your first Digital Rental Property up and running, you can literally DOUBLE your income with a few clicks, a couple keystrokes, and a single phone call (and you don’t actually need the phone call).
Remember: each Digital Rental Property is worth $500 to $2,000 a month in semi-passive income (over 95% profit). Every time you decide to create another one and increase your income, it gets easier.
Because you have more knowledge, more experience, more results, and more momentum.
If you wanted to double your income with Amazon FBA, you’d have to double your inventory OR your profit margins. And, guaranteed that’s a lot harder than a few clicks and a few minutes of your life.
6) Make Money Helping Real People: This part is what makes it all worth it. Amazon FBA is a decent way to make yourself money, but it doesn’t improve anyone else’s lives.
After all, there’s always someone else selling rubber spatulas and umbrellas. That might be fine in the short term, but in the long run you may feel like you’re missing a purpose.
With Digital Real Estate though, you’re actually helping people by solving your clients’ biggest problem…
Small, local businesses need more customers, and with Digital Real Estate, you are unleashing a flood of happy, paying customers for these businesses.
You make money by helping them make money.
Not a big, faceless corporation either…a small business owner who’s using that money to put food on the table for their family, start a college fund for their kids, or take care of a sick parent.
Once you see how Digital Real Estate makes a real impact in the lives of real people, you’ll sleep like a baby with a big smile on your face.
Now, the choice is yours. You could continue browsing, looking at opportunities like Tom Wang which could one day make you money.
You could continue researching, never making a decision.
OR, you could take a look inside, consider what you really want, and join a program that makes your dreams a reality. At the same time, joining a community of over 2,000 successful students that are living life on their own terms thanks to Digital Real Estate.
A consistent, reliable, semi-passive stream of income that doesn’t depend on you or your time to keep producing profits.
All while genuinely helping real people who are grateful and happy to pay for it.
If this sounds more like what you want out of life (or if you just want some nice side income), click here to learn more about Digital Real Estate.