FBA Masterclass Review (Update): Does Tom Wang Practice What He Preaches?

In this FBA Masterclass review we dig into making money with Amazon FBA, but is it really worth all the hype?

AMAZON FBA

Josiah Schmidt

8/4/2024

FBA Masterclass Review
FBA Masterclass Review

Course Name: FBA Masterclass

Instructor: Tom Wang

Price: $6,997

Overview

The FBA Masterclass, created by Tom Wang, is an in-depth online course designed to teach individuals how to build and scale a successful business using Amazon FBA (Fulfillment by Amazon). The program aims to provide comprehensive training on all aspects of the Amazon FBA business model, from product research to scaling your operations.

Content and Structure

The FBA Masterclass offers a detailed curriculum that covers the essential elements of running a successful Amazon FBA business, including:

  • Product Research: Techniques for identifying profitable products and niches.

  • Supplier Sourcing: How to find reliable suppliers and negotiate favorable terms.

  • Listing Optimization: Strategies to create high-converting product listings.

  • Amazon PPC: In-depth training on setting up and optimizing Amazon Pay-Per-Click campaigns.

  • Inventory Management: Best practices for managing stock levels and logistics.

  • Scaling Your Business: Tips for automating processes and scaling operations to grow your business.


The course includes video tutorials, live Q&A sessions, and access to a private community for ongoing support and networking.

Instructor

Tom Wang is a successful Amazon seller with years of experience in the e-commerce industry. He brings his practical knowledge and insights to the course, providing valuable guidance to help students navigate the complexities of the Amazon marketplace.

Price

The course is priced at $6,997, which includes lifetime access to all training materials, live coaching sessions, and community support. This one-time investment aims to provide a comprehensive toolkit for building a profitable Amazon FBA business.

Pros

  • Comprehensive Curriculum: Covers all critical aspects of running an Amazon FBA business.

  • Experienced Instructor: Tom Wang offers practical insights and strategies based on his own successful Amazon selling experience.

  • Supportive Community: Access to a network of peers and mentors for ongoing support and collaboration.

  • Lifetime Access: One-time payment for continuous access to all course materials and updates.


Cons

  • High Initial Cost: The upfront cost of $6,997 may be prohibitive for some individuals.

  • Amazon FBA Challenges: The Amazon marketplace is becoming increasingly competitive and complex, making it difficult for new sellers to break through.

  • Steep Learning Curve: Requires a significant investment of time and effort to master the techniques and achieve success.

  • Market Saturation: The e-commerce and Amazon FBA space is highly saturated, making it challenging to stand out and achieve significant success.

What’s My Solution?

I think FBA Masterclass teaches an OK business model in theory. However, “theories” often don’t pan out.

For example with the Amazon FBA business model, you’ll find yourself struggling with market saturation, rising ad costs, and account suspensions.

Yeah, those are just a few of the things that gurus like Tom Wang, don’t really tell you about the business.

Which I totally understand, if you knew those things... you’d probably reconsider buying from them right?

Unfortunately, they know that too... which is why they don’t say anything.

See, they’re mainly just concerned with you handing over your money (I’m talking gurus at large here) and wishing you luck.

When their system doesn’t work... it’s not their fault... or their systems... it’s your fault.

It’s something you did.

That’s the reason you’re not making full time passive income...

Ugh.

I hate that they deal with people that way. Too much psychological manipulation and once you see it... you can’t unsee it. It makes you sick.

At least it makes me sick...

See I’ve tried a lot of things throughout the years myself. But I’ve also had family members try real estate from their favorite guru, they’ve tried Amazon FBA, drop shipping, running an agency, even credit card programs.

It has never ended well.

You see, I learned that it is almost impossible to do any one of these “side hustles” full time unless you have a lot of money or have come from a rich family.

Gurus will tell you otherwise, but we all know why that is...

So in my online journey I was going to make sure that whatever it was I did was 1: viable and 2: only takes an hour or two after work to work on.

I didn’t want to get stuck in the constant hustle and burn my life away trying to chase after the guru version of the hamster wheel.

Screw that!

I want to be able to work hard, have a job (which isn’t as bad as gurus say), and have some side income.

I’m not greedy.

I’m not looking to get super rich.

Just something honest and simple.

I found that to be something called Local Lead Generation.

No ads, No crazy tech skills, and no real sales skills either.

All you do is build a little website like this:

Webstie
Webstie

Rank it to the top of Google like this:

Ranking details
Ranking details

And call up a guy/gal in town who can do the work.

After they’ve made some money, you just ask for a finders fee (super common in the contracting space) and boom... you’ve created a nice dependable side income.

Have I known people who do this full time with hundreds of these sites?

Sure... but they’re pretty stressed out!

People with 5-10 of these though?

Super relaxed from what I’ve experienced myself and seen from others.

And we’re after the least amount of stress possible right?

That’s what I’m thinking...

Full time secure job, 401k or IRA retirement account, and side hustle income leads to a pretty cushy life.

Gurus won’t tell you that because they want to pull on your greed strings.

I’m sick of the industry though, and just want to be straight with you.

There will be some hard work involved. Not everything will be peachy from the onset. But it will be worth while.

So, if you’d like to learn more about how this works, click the Private Invite button below...