{"id":1858,"date":"2025-02-11T19:01:07","date_gmt":"2025-02-11T19:01:07","guid":{"rendered":"https:\/\/primeautomation.io\/?page_id=1858"},"modified":"2025-04-11T22:48:19","modified_gmt":"2025-04-11T22:48:19","slug":"faqs","status":"publish","type":"page","link":"https:\/\/primeautomation.io\/index.php\/faqs\/","title":{"rendered":"FAQs"},"content":{"rendered":"\t\t
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\n\n \n\n \n <\/path><\/svg> <\/span>\n \n \n <\/path><\/svg> <\/span>\n \n <\/span>\n \n \n\n How much money can I make from this business? <\/span>\n\n <\/div>\n
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People who sell on ecommerce platforms regularly make 6-7 figures a year in profit, and there’s a very large number of people that do that. Our team of builders is highly experienced and manages over a 100 stores like that. However, every store starts up small and grows over time. How much you make also depends on how much money you have in inventory. The more inventory you have, the more money you make. You’ll ideally start with at least $5-10k for inventory, then scale that up as you’re seeing results to grow your revenues.<\/p> <\/div>\n <\/div>\n

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\n\n \n\n \n <\/path><\/svg> <\/span>\n \n \n <\/path><\/svg> <\/span>\n \n <\/span>\n \n \n\n How much money do I need to get started with this? <\/span>\n\n <\/div>\n
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You’ll need money for two things to use our e-commerce management service. Firstly is the buy in fee. Since this is a 100% done for you business model, there is an upfront buy in as well as an ongoing net profit split from your store. The buy in starts at around $40k, and the profit split that we charge is around 30-40% of the net profit we make your store every month. Since this is done for you, we have a lot of up front costs in terms of organizing teams, thus the buy in covers our business expenses for the first year. Then the profit split covers our expenses long term and keeps our team just as invested in the long term success of this store as you. You’ll also need money for inventory, which you can choose how much to start with, but we recommend around $5-10k, which you would scale as you grow you store. Of course, inventory money isn’t an expense, as you are fully reimbursed for the inventory money as soon as the inventory sells, and then we split the profits.<\/div><\/div> <\/div>\n <\/div>\n
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\n\n \n\n \n <\/path><\/svg> <\/span>\n \n \n <\/path><\/svg> <\/span>\n \n <\/span>\n \n \n\n How long does it take to get this up and running? <\/span>\n\n <\/div>\n
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Normally it takes a few weeks to get everything set up and launched, and you start seeing your first sales around the end of the second or third month. From there we gradually build up the revenue levels of your store, which can take about 5-6 months.<\/div><\/div>
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\n\n \n\n \n <\/path><\/svg> <\/span>\n \n \n <\/path><\/svg> <\/span>\n \n <\/span>\n \n \n\n What safety measures are in place to protect my investment? <\/span>\n\n <\/div>\n
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We offer a variety of contractual protection clauses for you in this venture. First is our two year buy back clause which states that if you don’t make your entire buy-in back with net profits (after all profit splits) within 24 months of joining us, we\u2019ll buy the store from you in cash minus the profits that you have made. I.e. If you invested $40,000 in your store and made $30,000 in profits during the 2 years, we will buy back your store for $10,000 ($40,000 \u2013 $30,000 in profits). This ensures that you\u2019ll never lose money in this venture, though out of the 150+ stores we\u2019ve built, we\u2019ve never had a client have to use the buy back, as we normally make their buy in back in year one. We also help you quickly liquidate any inventory that doesn’t sell within 90 days, by using our inventory liquidation strategies or leveraging our wholesale buying partners.<\/div><\/div><\/div><\/div>
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\n\n \n\n \n <\/path><\/svg> <\/span>\n \n \n <\/path><\/svg> <\/span>\n \n <\/span>\n \n \n\n What are the daily tasks that I personally would need to do in this business? <\/span>\n\n <\/div>\n
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As this is fully done for you, we do 99.9% of the work. All you need to do is set up your LLC, verify your identity for Amazon, and manage cash flow (provide money for inventory, pay our monthly profit splits, etc). All this requires less than an hour of your time every week or two, if not less.<\/div><\/div><\/div><\/div><\/div><\/div> <\/div>\n <\/div>\n
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\n\n \n\n \n <\/path><\/svg> <\/span>\n \n \n <\/path><\/svg> <\/span>\n \n <\/span>\n \n \n\n Where are you based out of? <\/span>\n\n <\/div>\n
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For tax purposes, we established our tax residency in Wyoming. Our warehouse partners are located in various hubs around the US, like Texas & NY. Much of our team works remotely due to the online nature of the business.<\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div> <\/div>\n <\/div>\n <\/div>\n <\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"

How much money can I make from this business? People who sell on ecommerce platforms regularly make 6-7 figures a year in […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"footnotes":""},"class_list":["post-1858","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/primeautomation.io\/index.php\/wp-json\/wp\/v2\/pages\/1858","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/primeautomation.io\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/primeautomation.io\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/primeautomation.io\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/primeautomation.io\/index.php\/wp-json\/wp\/v2\/comments?post=1858"}],"version-history":[{"count":31,"href":"https:\/\/primeautomation.io\/index.php\/wp-json\/wp\/v2\/pages\/1858\/revisions"}],"predecessor-version":[{"id":2066,"href":"https:\/\/primeautomation.io\/index.php\/wp-json\/wp\/v2\/pages\/1858\/revisions\/2066"}],"wp:attachment":[{"href":"https:\/\/primeautomation.io\/index.php\/wp-json\/wp\/v2\/media?parent=1858"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}