As of January 30, 2020, the cost for a newcomer to do cross-border e-commerce is between 30,000 and 40,000 yuan.

Advertising, testing, inventory loss, returns and exchanges add up to 20% of the cost. The most important thing is the capital turnover rate, that is, how long it takes for a batch of goods to be sold. The faster the turnover of funds, the higher the efficiency of capital use. This is something that mature operators can control.

The investment in cross-border e-commerce depends on personal circumstances, but for new foreign trade personnel, the capital reserve investment should be 30,000 to 40,000 yuan. At present, the main investment in cross-border e-commerce entrepreneurship lies in choosing a good source of goods, forming a small team, and the cost of store operation and promotion (through train promotion, SNS promotion, Google promotion, etc.).

You can apply the calculation based on your actual situation, and basically calculate the initial expenses. If you find this complicated and are unwilling to spend some time thinking, then I'm sorry to say that this industry may not be suitable for you. At this stage, Amazon cannot make money without doing anything. From my experience, anyone who tells you that you can achieve financial freedom by taking shortcuts is basically a rogue. Only those who work more carefully and pay more have the possibility of standing out. This is the threshold and charm of Amazon, and it is also the opportunity for every newcomer.