Just One Dime "Done For You" Program
Overall
- Full Service
- Expertise & Knowledge
- Client Support
- Price (It's steep)
User Review
( vote)Program Summary
Highly rated simply because I signed up skeptical and have converted since I have benefited immensely from this. (Talking about life-changing benefits and able to quit my job within a few months! ) There’s no denying that Just One Dime’s program is a class on its own that far surpasses any other out there.
It’s an investment that paid off for me and is only recommended if you have the money for it.
If you are interested in the Just One Dime Amazon FBA Mastery Course or the Just One Dime Arbitrage Course, do look at my personal review I have written through those links.
Is this worth investing your hard earn money in or will you be better off putting this type of cash somewhere else?
I have been seeing quite a bit of a “Done For You” model being offered as a service by FBA coaches and Just One Dime is not different.
Near the end of 2020, Seth Kniep and his team at Just One Dime introduced their brand new Amazon automation program called the “Done For You” program. Seth promised in his pitch that his team will do all the heavy lifting for you while building a successful Amazon FBA business which can bring in passive income monthly for you!
Sounds great and rosy right?
Well, let’s explore this automation model more and dive deep into what this service is offering, the truth about this automation model and the costs associated with it.
I got a copy of this “Done For You” contract by Just One Dime, (Which I am unable to share publicly) but I can offer some insights into what this entails before you decide to invest into this program.
What Really Is This “Done For You” Program?
We are all familiar with courses and what not. Usually, a coach will teach valuable insights within the courses for a price.
“Done For You” isn’t anything like that. On the contrary, there are no courses to watch, but instead, the experts will get to work and do the heavy lifting for you.
We have all heard of failure stories that even after paying THOUSANDS for numerous quality FBA courses, there will be some students who just don’t seem to be able to make it work for them. And it’s all too often very convenient to put the blame on the student.
“You did not put in enough effort”
“You did are not motivated enough!”
Alright, I’ll spare you more examples…
So to help solve this, Just One Dime created a “Done For You” service where it removes the risky part of the business, your inexperienced, and have the experts build your FBA business for you!
I am talking Product Research, differentiation, contacting the right manufacturer, negotiating with them, arrange for product inspection, shipping, 3PL storage, PPC, inventory management, brand trademarking, brand building etc. which Just One Dime will do for you! The list can actually go on because that’s what it takes to build a successful Amazon FBA Private Label business.
Sounds perfect right? We let the experts who have launched money-making brands so many times to build our FBA business!
Well, before you get too excited, let’s dive in deep about what this whole program really entails and how much are you expected to cough out for this investment.
How To Sign Up For Done For You By Just One Dime?
First off, this program is not for everyone. As such, before you even begin, there is a questionnaire which you have to fill up first.
Just One Dime is mainly looking for people with the right goals and ambitions for this service. After you submit your application, Just One Dime will review your answers in depth and contact you back for a face-to-face interview to see if you are a good fit for this program.
What You Can Expect From Done For You By Just One Dime
Their website for this program is quite transparent and straightforward. And it also checks out with the clauses in the contract as well.
Basically whatever that is highlighted in the interview call, it is a crucial backbone for the contract. It can be summarized by these few points below
- You Invest the money, Just One Dime builds the FBA brand as a service consultant.
- The FBA Business belongs to you, so be prepared to register your own LLC or preferred business structure
- The Amazon store belongs to you too. So you will be in charge of the money that Amazon pays you for the sales made
- Just One Dime will include a plan to scale your brand so you can even exit the business by selling the brand. (Any sale of the brand, a certain %(~15%) of the sale goes to Just One Dime
- You will be expected to have the money for a minimum of 3 products under your store.
- Only high value or high ticket products ($100 and above)
- Just One Dime does all the FBA heavy lifting: Product research, differentiation, finding suppliers, negotiate prices, shipping to Amazon fulfilment centers, trademarking your brand, apply for brand registry, launch and manage PPC ads (Including off-Amazon techniques to boost sales), brand ecommerce website, brand social media pages, create follow up sequence to collect customers contact info, create the motivation for organic 5 star reviews, listing optimization based on PPC keywords reports, suggest new products to launch to complement the brand, ensure full compliance with Amazon’s TOS, test new products on low budget, respond to reviews, seller feedback, A to Z claims and all customer communications as long as the contract still holds.
- Since this is your business, you are also expected to pay for any 3rd party services involved in the creation of the business. (Pay for website, trademarking fees, product images, inventory, shipping etc.)
Having said all that, do also note that there are circumstances that Just One Dime is not responsible for should something goes wrong. These circumstances does include external factors that are beyond their control such as shipping fee increases, material cost increase, a pandemic that delays international shipping and increases cost etc.
How Much Does This Cost?
Just One Dime’s Done For You service fee is an upfront US$30,000. A further 3 products minimum with inventory cost of at least US$10,000 on each of them is required. And you are expected to also cover the cost of any other 3rd party service fees which I will estimate to about US$5,000.
The inventory and 3rd party fees are the standard cost of building the FBA business as it is even if you were to do it yourself. So in actual fact, the upfront cost for this service is US$30,000 to get access to their expertise.
There is also a charge of up to 15% of revenue that the Amazon store brings in. There is a sliding scale in the contract which goes something like this:
In my opinion, I support this sliding scale because it keeps Just One Dime invested and focused on growing your brand years into the future. That’s where the real profit and ROI comes in. So I would gladly share my profits with Just One Dime. Everyone wins at the end of the day.
An example of how this revenue share works, here’s an example from Just One Dime’s blog.
And I have good news! There is a deal waiting for you below if you think this is the right investment for you. Insert the code “Clarence Cheang” when asked about it in the questionnaire.
Is there a Guarantee or Refund For This?
Because this program is only for investors and business builders, is it expected that there are risks to be undertaken. So there is no refund guarantee in this.
When an angel investor invests in a start-up, there is no guarantee that they will make their money back. But they still do it, because they believe in their investment and that they will get back their money and more in the future!
This is an investment opportunity, not a product for regular consumers.
And I do agree that the risk is being reduced to a bare minimum going forward with Just One Dime just because they are done this so many times for countless brands. But it is still a risk you have got to take if you believe in them.
Pros and Cons of Just One Dime Done For You
Let’s start off with the pros.
- This is a legitimate business model. Consumers are really spending a lot of money on Amazon and you can leverage that with Just One Dime’s expertise
- You do not have to do the heavy lifting of starting a FBA business. All the hard work is being done by Just One Dime.
- You get first row seats in seeing what Just One Dime does in getting a FBA business started from the ground up.
- Beginner friendly because you are not going to be doing it.
- Low risk (Compared to you launching your own brand): The risk have been minimized just because Just One Dime have done it countless times with many other brands.
And now the cons.
- There is no refunds at all. If you choose to opt out of this program after paying, I am sorry to say that you will not get your money back. Invest wisely.
- Costly. This will set you back US$30k for the service fees.
- There is still risk! As with all investment opportunities, the risk of losing your money will always be there, no matter how minimized they are.
My Recommendation
Just One Dime have built quite a neat solution for us and it is indeed a real opportunity and privilege to have an expert build an entire Amazon business for you.
It is entirely up to you to decide if this is the right investment for you or not. I wrote this review only to help you make a more informed decision before going ahead with your purchases. If you have the cash and are looking to grow it, this may be the right solution for you in the long run.
But if you cannot afford to lose that much money, I would suggest you learn the ropes instead at a much lower cost. Just One Dime also provides world-class FBA course that teaches you how to do it yourself at a fraction of the price.
I hope you find this review useful and all the best!