Seems like everywhere you start looking these days another automation service for ecom pops up on your feed. The latest one is FTW Ecom. Is it legit? How much money might you be out? Let’s dive in.
Unlike a lot of other ads, this guy chooses to start out with a success story from his service. “I never imagined I could be a business owner, let alone have a business that I didn’t have to personally manage. At this rate, I’ll have a 7 figure business by this fall!
Jacob S. – Los Angeles, CA”
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Not that I don’t want to that THIS ISN’T a legit testimonial. But something seems a tad fishy about this. No specific income claim, generic name, and one of the largest cities in the US…it certainly has me scratching my head. But let’s keep diving in here.
The leader of FTW Ecom starts to expand upon Jacob’s story. Let’s hear what he has to say about it “How did he do it? Well, he simply leveraged my team’s expertise. We figured out a reliable ecom business model – which I call the Amazon Chantz Method. And it lets us replicate the success of our best-performing stores right out the gate. It’s plug-and-play. No trial and error. But guess what? Jacob’s case isn’t an exception. In fact, it’s pretty typical.”
He continues: “My team and I have helped over 30 people to start and manage their Amazon Store – using our proprietary Amazon Chantz Method. Now we’re opening up a few spots to help more people.
If you qualify, my team and I will build and help you run your own profitable Amazon business.” Alright right everybody END SCENE!
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See, this is where I start to get a little frustrated with guru’s like this. He says that Jacob IS NOT the exception and rather an average result. Look, not to be a debbie downer or anything, but the statistics show that most people who start an ecommerce business actually lose money. Mainly because after all the inventory, ads, and shipping costs…people barely make any sales and often end in the negative.
If the results with this program really were just like Jacob’s, wouldn’t logic suggest that everyone would be walking around with nearly 7 figure ecom stores?
The ad concludes by listing off everything you DON’T have to do:
- No need to purchase or hold inventory; you never touch the products.
- You don’t need to manufacture any products (or whitelabel anything for that matter).
- No marketing expenses required
- You don’t need to spend time and money on paid traffic/online advertising
- No overhead or personal delivery of products
- And best of all, you won’t need to spend your time trying to run and maintain this business.
HOWEVER even though you don’t have to do all these things…they will. And odds are they’re gonna charge a pretty penny. There is no pricing listed on their website, but odds are you can expect anywhere from $25,000-$50,000 since that’s what other similar services charge. Remember, they’re gonna be buying the inventory, they’re gonna be be doing the shipping, they’re gonna do the marketing…and you’re paying for it still technically.
My solution? I think it’s much easier to make recurring income from a bunch of little sites all day. Check it out if you want.
