When people think of online marketplaces, Amazon is the first that comes to mind. The number of eCommerce store owners flocking to Amazon.com in search of more sales is increasing daily.
The marketplace had over 2.5 billion desktop and mobile visitors last year, an increase of over half a billion visits in Q1.
There’s no doubt that Amazon is a dominant empire that has aided countless businesses over its lifetime.
If you’ve concluded that the Amazon business model is a good fit for your business but don’t know how to get started, the Just One Dime’s Course of Seth Kniep, AMAZON FBA MASTERY, will show you how.
Is Just One Dime legit? Is Just One Dime one of the best FBA courses out there?
Seth Kniep is pretty similar to most other FBA programs. They pitch you on the “dream” of running a profitable e-commerce business that can generate cash while you sleep.
All without having to invest much money upfront into things like inventory & advertising…
Too good to be true?
Not necessarily – Amazon FBA programs have certainly minted a few online millionaires.
It was actually one of the first online business models I made money with.
So as far as making money online goes, there are A LOT worse things you could be doing than Amazon FBA.
That being said, you shouldn’t start a business because “it’s not as bad” as some other type of business – it needs to stand on its own merits.
Choosing between the lesser of two evils always results in, ya know – evil.
So in this Seth Kniep review, I’m going to break down exactly who FBA is good for and who should avoid it.
There are a few important things you need to keep in mind when considering FBA as a business:
- Operations
- Finding winning products
- Time (the most valuable thing of all)
Again, it’s 100% possible to make legitimate money with FBA, but it’s NOT a simple business.
Let’s talk about why:
Operations: The big pitch with FBA is that you don’t really need to do much, because Amazon handles all the heavy lifting (shipping, packing, returns, etc.).
That’s cool and all, except for the fact that Amazon actually has incredibly strict guidelines that you need to follow to even be able to ship out of their warehouses – something most programs don’t tell you about in their awesome marketing materials.
This process typically takes a solid 4-5 hours alone. So unless you have a very large team, this step is going to take up a lot of your time.
That doesn’t mean FBA is bad – it just means you need to know what you’re getting into. A “passive income business” is not what you’re going to get with Seth Kniep.
Some courses will teach you how to outsource all of this prep to another company, but that eats into your margins significantly. Amazon is already taking 30-40% just for being part of the FBA program, so you don’t exactly have a lot of wiggle room.
Finding winning products: “Hot” products are typically only popular for a few glorious months, and then they fall off. Again, that doesn’t make FBA a bad business – it just means you need to be constantly on the lookout for the next hot thing.
If you have a supplier you’re on really good terms with, sometimes they’ll drop you hints and tell you what’s about to trend. But this won’t happen until you have a history of making 6-figures with one another.
What this really means is that you need to be innovative and detail-oriented when it comes to staying on top of trends. You want to be the first one to the product, not the last one struggling to turn a profit off of the big dog’s leftovers.
There’s always the option of serving the “evergreen” markets that have always been around, but to that, I say good luck selling meal prep containers against the Tupperwares of the world.
So – we can safely add on another 3-4 hours worth of time each day trying to hunt for hot products.
Time: Despite what any Amazon FBA course seller tries to tell you, when it comes to FBA (or any e-commerce business model), you’re looking at about 3 months of serious trial, error, & testing before even making $1 back.
It could easily take 6 months or more before you’re even at break even.
And this all assumes you’re actually getting it right out of the gate, which isn’t impossible with a good program – but it’s not necessarily the norm.
To be honest, it’s not uncommon to operate at a LOSS for the first year of any new business, so I’m not bashing FBA here – I’m just talking facts based on my own personal experience selling on Amazon.
But what if you could build a different (non-FBA) income stream, and start seeing profits within your first few days?
I’m talking about a system that doesn’t have:
- Inventory
- Crappy margins
- A 12-month wait time before you turn a profit
- A continuous guessing wheel trying to find “hot products”
Something that you could make anywhere from $2,000 – $10,000 with consistently, month after month?
A stream of income that you can build as high (or low) as you feel like building it?
If that sounds interesting, you might want to think about using the Digital Rental Method.
If you wanna see what Seth Kniep looks like on the inside, keep reading.
What To Expect From This Seth Kniep Review
This review will go over Seth Kniep and his Amazon FBA Mastery Course to see if it really is the best Amazon FBA course out there.
You’ll learn whether Amazon FBA is the right online business for you.
And at the end, you’ll find answers to some of the most frequently asked questions regarding Seth Kniep, Just One Dime, and Amazon FBA in general.
Who Is Seth Kniep?
Seth Kniep is an entrepreneur who created the Just One Dime course to share his expertise in using the Amazon FBA program to sell physical goods.
He left his previous job because of his unjust wage and decided to try his luck as an Amazon seller (while the company’s CEO earned a fortune from his labor).
Seth soon discovered that his Amazon business was generating more passive income than he knew what to do with, so he decided to give back to the Amazon seller community by sharing his success secrets.
Seth was able to build the online course, Just One Dime, to help other entrepreneurs generate more money through passive income with Amazon FBA by relying on both extensive study and actual business experience.
Other members of the community could now have access to one-of-a-kind resources that will educate them on how to expand their operations and attain greater degrees of success in the Amazon business.
What Is Amazon FBA?
With FBA, Amazon provides access to its logistics infrastructure so that other businesses may expand. Companies send their wares to Amazon’s fulfillment centers, and the e-commerce giant handles everything from there, including customer service, refunds, and the delivery of purchased items. Online orders are fulfilled quickly and reliably, much to the joy of satisfied customers.
What Is Just One Dime?
Just One Dime is an Amazon and eCommerce coaching company.
The Amazon FBA Mastery course offered by Just One Dime provides instruction and guidance to assist sellers in streamlining their operations, increasing their profits, and expanding their companies to new heights.
Amazon FBA Mastery teaches successful business strategies, such as choosing the best products to sell, and provides marketing tips.
The Just One Dime online course isn’t the only Amazon FBA course out there, so I’ll need to look a little deeper to see whether it’s worth the money.
How Much Does The Amazon FBA Mastery Cost?
The price of the Just One Dime Amazon FBA Mastery course is high. At $1,997, it’s just too expensive.
A payment plan is available, although the three $597 installments is the most expensive choice. If you choose this payment option, you won’t get exclusive tips on new products or access to its list of reliable vendors. Therefore, you will probably have to make a one-time payment.
Is Making Money Online Through The Just One Dime Course Possible?
Yes, you can!
But…
There’s a lot that comes along with Amazon FBA that many people struggle with.
Now, don’t get the wrong idea…
It’s not impossible to make money with Amazon FBA, 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.
Seth Kniep and Just One Dime are legit.
It’s entirely possible to build a profitable, successful Amazon FBA business… But there are better ways to build a business than with Amazon FBA.
My #1 pick proves this. Because, unlike the Just One Dime course, it actually provides real proof of real success from real people as recently as a few days ago.
What Are The Benefits Of Having An Amazon FBA Business?
You can access the Just One Dime Facebook group at https://www.facebook.com/groups/jod.amazon.warriors/.
Amazon FBA makes it possible for nearly anybody to launch a company, establish an Amazon store, experience rapid growth, and start making money almost immediately. Online companies have four main advantages over their traditional counterparts that make this a reality.
No Marketing Necessary
Creating a new Amazon account requires an upfront marketing effort that seldom pays off in the short term. No promotion is needed on Amazon, but you may still purchase it if you want. Amazon also provides many types of advertising solutions apart from the search bar.
Amazon will handle the marketing for you by funneling customers to your product page if you understand how to utilize the proper keywords. There is a learning curve, and you must conduct research to remain in the game.
A Vast Market With A Worldwide Reach
Amazon now accounts for half of all US eCommerce and is steadily increasing its market share. Amazon moved $234 billion in products in 2019. Selling on Amazon allows you to tap into this market and establish your own company.
Those figures mentioned above? They’re solely for the US, and because Amazon has a worldwide reach, you can easily extend your Amazon brand globally.
Product Niches
Amazon does really sell everything from A to Z. Looking for a cool-mist humidifier in cat form? Amazon has it.
The most popular niches are also the most competitive. One of those walled niches requires a slog up the ranks. Some niches are obscure yet profitable.
The long tail means earning a fortune by selling unique products. The long tail’s primary flaw was a lack of distribution channels, which Amazon FBA now easily fixes.
You can make a fortune selling a few monthly products if you have inside knowledge or understand the customer’s pain points. You’re set if you can uniquely source these products.
No Need For Customer Service Or Postage
Customer service is a major headache for every business. You must spend a lot of time engaging with customers since one poor review might destroy your business.
Packaging, shipping, and postal issues are major roadblocks for new and growing businesses.
You can’t afford customer service and shipping unless you have Amazon FBA. Returns and consumer complaints are non-issues when Amazon handles customer care and shipping. If Amazon screws up, it pays the bill, and you’re off the hook.
You also receive the benefits of Amazon Prime, which includes same-day or next-day delivery.
Seth Kniep And Just One Dime Review: Conclusion
Kniep’s Just One Dime FBA course will undoubtedly provide the materials you need to boost your earnings as an entrepreneur.
The content can make a significant impact on the Amazon seller’s experience.
However, the Just One Dime course content isn’t very original, and access to the contents can be prohibitively pricey.
When it comes to building a business, you have plenty of options.
And even if you’re dead set on becoming an Amazon Seller, you’ve got way better options than the Just One Dime membership.
Keep in mind I don’t get paid to promote any of the programs I review. I personally think the Amazon FBA business is a great business model, but you could end up leaving way too much money on the table.
Are There Alternatives To Seth Kniep?
Yes, there are plenty of other business models to choose from if you want to pursue making money online. Here are just a few:
Is Seth Kniep Legit Or A Scam?
Time for the million-dollar question: is Seth Kniep a scam?
No, it’s not a “scam,” technically speaking. They aren’t going to take your money and run away, leaving you empty-handed.
You can make money with the program, but not nearly as easily as Seth Kniep wants you to think it is.
As with most FBA businesses, there is A LOT of work that needs to be done up-front, and there is really no guarantee of you being successful.
You’ll need to get very lucky and find an awesome product no one’s heard of, and then pump a ton of volume into it while it lasts.
Don’t get me wrong, I’m a big proponent of front-loading work now, so you can make money later and sip out of coconuts on the beach.
But if I’m gonna do that, I want the rewards to be HIGH and virtually guaranteed.
I’d rather put in that same 3 months of work (in my spare time) & build a handful of Digital Rental Properties that each produce $500-$2,000 checks every single month afterward (AKA recurring income).
And the cool part is that you can do it in a lot less time than 3-months (I personally did it in my first 2 weeks of using the Digital Rental Method).
Unlike Amazon FBA, you can do it from anywhere in the world, so it’s a genuine “laptop-lifestyle” business.
All you need is an internet connection.
Some of my friends are Digital Rental Method that run their 6-figure businesses from:
- Camping trips at national parks
- Beachfront in Hawaii
- On the road in a camper van (with a pet pig!)
They focus on living an enjoyable life first, and focus on income second. All thanks to this program.
Read Our In Depth Breakdown Of The Top 5 OppAmazon FBA Courses For 2024
They can take weeks or months off, and money keeps rolling in.
Living happily is the top priority.
If the thought of living perpetually at your dream vacation spot interests you, using the Digital Rental Method might be for you!
What Is My Top Recommendation For Making Money Online In 2022?
I’ve personally tried all of the major online business models:
- I’ve sold fidget spinners through Amazon FBA
- I’ve drop-shipped a toilet bowl putting green on Shopify
- I’ve sold women’s health supplements via Clickbank affiliate marketing
And I made money with all of them, so trust me when I say: there is no “perfect” business model.
That being said, my #1 recommendation for making real money online is, hands-down: being a Digital Landlord.
Whether you’re a complete newbie, or you’ve been around the block before but have never had that “big win” to propel you forward, using the Digital Rental Method is for you.
Here’s why:
1)Time: If you’ve got a spare hour or two each day, you can do this. If you want to drop everything and go all in, you can do this. More time obviously means faster results, but even putting in a few hours per day is enough to see real success.
And because of that flexibility, you don’t need to trade your time for money. Once the income starts, it’s recurring.
That means you can take a month off, travel the country, pursue a passion project, chill on the beach, or charter a boat across the world.
But you can only do that once you’ve created an income stream that doesn’t require YOU to be there all day, every day.
2) Ownership & Control: With Amazon FBA, you don’t technically own the customer base.
Amazon could literally shut you down overnight. They have a history of kicking suppliers off their platform, or stopping payouts to affiliates for certain products once they’ve built their own.
Why pour your soul into a business that could be taken away from you at the drop of a dime?
With the Digital Rental Method, you literally own all of the assets, which means you have ultimate control.
3) Big Margins: With FBA, you’re often going to have really slim margins. That means you need to hit a serious scale to make serious money. This usually entails spending A LOT of money on ads and other methods for growing traffic to your product.
using the Digital Rental Method, your profit margin is nearly 100%. Watch here to learn how.
Just a reminder: these Digital Rental Properties are worth (at a minimum) $500/mo in semi-passive income. And each time you create another one, your income increases, and the effort put into creating the next property decreases.
Best-case scenario, you have properties bringing in over $3,000+/mo on auto-pilot.
4) It’s Effectively Copy-Paste: Here’s my favorite part: once you have your first Digital Rental Property up, you can literally copy-paste another version of it and find another willing “renter” in a few days. DOUBLING your income doesn’t get much easier than that…
If you wanted to double your income with Amazon FBA, you would need to sell twice as much inventory, or double your profit margins. And I can guarantee you (from my fidget-spinner FBA days) that’s a lot harder than a few clicks & a phone call.
5) You’re Helping REAL People: My biggest gripe with FBA is that you’re basically only helping yourself. The world doesn’t need another B.S. gadget to consume.
It’s cool in the short term to make a quick buck, but in the long term, it gets really old, really fast.
But With the Digital Rental Method, you’re helping solve REAL problems that people are ASKING for help with:
Small local businesses around the world need one thing: customers. Without them, their business would fall apart. If we can provide those customers, they’re going to be really happy – and they’re going to pay you for it.
We’re not helping Jeff Bezos shoot another rocket into space – you’re helping a struggling mother or father put food on the table for their families, put their kids through college, or simply live life a little bit more comfortably.
Having this type of impact on the world is what will help you sleep soundly at night.
So, the rest is up to you. You could keep looking at other FBA programs like Seth Kniep, which might make you money 12 months from now.
You could keep researching and researching for the next few months (or few years), never making a concrete decision.
OR, you can look deep inside, think about those dreams, hopes, & desires, and make the decision to ACTUALLY make it happen, just like it has for thousands of other students before you.
Making a fortune while actually helping real people that need it.
If this sounds like you, click here to see how it all works.
