Most FBA (Fulfillment by
Tripling your money allows you to buffer for corrosive elements like inventory that devalues, inventory that never sells, and taxes. Generally, I think tripling your money is being too liberal, and I prefer to see 4x to 5x on my return, minimum. But there are some exceptions.
I am always content to merely double my money when an item is extremely well ranked, and is almost guaranteed to fly out the door within one to two days. To put it another way, I will apply a 2x rule if risk is close to non-existent.
I had no problem picking up 5 copies of Good to Great at $2 each recently. That title is consistently in the top 1,000 on
The 3x rule should not be immutable, especially when have an opportunity to acquire multiples of an extremely well-ranked item.Also, claim your free book: