Just One Dime – like most Amazon FBA programs – wants you to believe you can build and run a successful e-commerce business that’s automated, profitable, and generates cash around the clock in less than 90 days…
With just a couple hundred dollars in inventory…
Sounds a little too good to be true, huh?
Look, as far as most online businesses go, you could do a lot worse than Amazon FBA.
But does that mean it’s the best solution for you?
That’s what we’ll find out in this Just One Dime review.
The biggest things you have to consider here are:
- Inventory Management
- Product Selection
- Time to Profit
While you can make good money with Amazon FBA, it’s not as easy or simple as most course creators make it sound. Let’s break these 3 down real fast:
1) Inventory Management: If you’re doing an FBA business, the promise is that you don’t need to worry at all about inventory, because Amazon takes care of packing, shipping, customer service, etc.
However, you still need to get products to Amazon. And Amazon has very strict rules all sellers have to follow when preparing products for their warehouses.
This includes packaging, labeling, and registering products in their system. If you’re preparing all products yourself, you’ll spend a TON of time on this step (potentially 4-5 hours a day). So if you’re looking for a passive, automated business that runs itself, this might not be the best fit.
Now, yes, you can hire an Amazon prep center to do all this for you, but that eats into your margins. And remember that Amazon takes around 30-40% in fees for using the FBA program, so your profits are pretty tight to begin with.
2) Product Selection: E-commerce is a cyclical business. “Hot” products are always going in and out of fashion, which means, as an Amazon seller, you constantly need to be on the lookout for the next big thing.
That means monitoring trends, searching for products that might be popular down the line, and constantly in a rat race to – essentially – predict the future.
Sure, you can play in the evergreen market (things people always need and buy), but how much profit margin are you really going to get on meal prep containers, rubber spatulas, and golf umbrellas? Especially when there are hundreds of thousands of other sellers all swimming in that same ocean.
And because you’re constantly hunting for new hot products to sell, that takes up all the valuable time you could be using to travel, explore, read, surf, hike, or whatever else.
3) Time To Profit: Now, this isn’t the slowest turnaround time, but if you think you can put a dollar into inventory today and come out with two tomorrow, you’re sadly mistaken. From the time you first buy products to sell, you could be looking at anywhere from 4-12 weeks before you see a dollar come back.
And it could take twice as long before you break even.
Now, that’s not terrible, but what if you could start building a different (non-Amazon) income stream today, and see your first profits tomorrow?
An income stream that doesn’t require:
- Low margins
- Constantly looking for the next hot product
An income stream that brings in consistent revenues every single month (from a couple thousand dollars to well over $10,000)?
An income stream you could actually build in your spare time, and grow as large or as small as you want to, without having to spend hours a day packing, prepping, and researching?
If that sounds like something you’d be interested in, check out Digital Real Estate.
However, if you’d still like to know more about Just One Dime, keep reading.
What Is Just One Dime?
Just One Dime is a freshly redesigned Amazon FBA program created by Seth Kniep and his team. It is popular in the E-commerce world, particularly when it comes to selling on Amazon and effectively promoting it.
Seth Kniep is well-known for quitting his full-time job and turning one dollar into $ 1,347,318 through his entrepreneurial endeavors.
Seth Kniep recently released a brand new curriculum called Amazon FBA Mastery that focuses on the details of doing private label well with Amazon FBA and how to spend time with the people you love and enjoy life doing what you love and
Additionally, this initiative benefits our Spanish-speaking pupils. This Just One Dime lesson is also available in Spanish.
How much does Amazon FBA Mastery cost?
Just One Dime does not show the price for Amazon FBA Mastery on its sales page.
Rather than that, they request that you complete a survey and schedule a “free consultation” call with a member of their team. I object to this strategy and would instead that they disclose the entry fee upfront.
After some research, I discovered that Amazon FBA Mastery is available in three different price points:
- Amazon FBA Mastery Tier 1 ($997 – Basic course with no bonuses or coaching calls.
- Amazon FBA Mastery Tier 2 ($1997) – Includes a 1-on-1 coaching call, weekly live workshops, plus several other bonuses.
- Amazon FBA Mastery Tier 3 ($3997) – Everything from the previous tier plus four more 1-on-1 coaching calls and “3 researched product ideas sent to you only.
In any case, you’ll receive lifelong access to the training.
Additionally, I’ve heard many references to a monthly payment option for Just One Dime, but it’s unclear how this works on a tier-by-tier basis.
Bear in mind that you’ll also need money to purchase inventory or produce your product before you can begin selling, as well as additional funds to advertise your goods on Amazon once it’s live.
Although the Just One Dime sales website does not mention these additional fees, my study indicates that you should budget at least $5000 to launch and sell your product.
According to their sales page, Just One Dime offers a 14-day money-back guarantee on Amazon FBA Mastery:
“We have a 14-day money-back policy. No questions asked.”
Except for one: Let us know how we can improve.
However, their Terms of Service page indicates that they require a little more:
“a refund will be provided ONLY if you provide a written explanation about why you are requesting a refund.”
Additionally, it states that subscription packages are non-refundable, so keep that in mind if you’re considering signing up for JOD on a monthly payment plan.
Just One Dime Review – What’s Inside?
The Just One Dime amazon FBA Mastery Course is divided into five sections for ease of comprehension. Seth Kniep designed the modules to be dripped released, which means you can’t proceed to the next one until you’ve completed the previous one. Modules are available in video format. Continue reading to learn what we discovered in the Just One Dime course’s training videos.
Module 1: Establish Your Business And Brand
This section of the course will teach participants how to develop a brand strategy, launch a business, open an Amazon account, establish supplier accounts, and manage the business’s accounting.
Module 2: Master The Market
This session focuses on product research and product hunting. Additionally, you will learn how to assess your research findings and how to differentiate your offering.
Module 3: Manufacture Your Product
This module will teach you how to locate and negotiate with suppliers. Additionally, this module of the Just One Dime course will assist you with developing your differentiated product, arranging for shipment, inspections, and payments, as well as establishing your Amazon listing and shipping your product to Amazon.
Module 4: Launch Your Brand
This module will show you how to perform the following tasks:
- Seller sequences
- Amazon giveaways
- Launch with PPC
- Generate organic reviews
- Improve your listings’ ranking through PPC
- Analyze PPC
- Facebook ads
Module 5: Expand Your Reach
This module teaches you how to increase sales and protect your brand. Additionally, it will teach you how to provide superior customer service and eventually develop your business.
Who Is Seth Kniep?
Seth Kniep is a California native and former Apple employee. He was on the fast track at Apple but grew tired with the monotonous 9 to 5 grind. As a result, he elected to depart and painted “Live Like No One Else” on the office wall. Seth then stated to his wife that he intends to rebuild the family’s life.
Seth proceeded to launch unsuccessful eBay and e-commerce stores before landing on Amazon.
After earning $500,000 in six months on Amazon, he increased his monthly earnings to more than $300,000. Seth estimates that this type of business generates him $3.5 million each year.
Seth eventually ventured into digital products and began teaching people about Amazon FBA through his YouTube channel. Along the way, Seth Kniep invented the Just One Dime or JOD.
How Does Just One Dime Work?
Due to the profitable nature of FBA, a large number of scammers are utilizing it in their strategies. These businesses position FBA as a get-rich-quick approach that anyone can immediately grasp and profit from.
But this is not the case with the Just One Dime. And the company’s CEO is acutely aware of this. On the contrary, JOD may be the only program that offers 3 to 4 hours of live workshops every week, in addition to 200+ hours of educational videos and one-on-one private mentorship sessions.
I feel it is sensible to say that, given the way Just One Dime operates, you would genuinely need to commit sufficient time and attention to learn—exactly as it should be.
Can I Get Passive Income From Just One Dime?
Investing in Amazon FBA is an excellent way to get passive income. Once set up, you can rapidly reorder them from your existing suppliers to promote on a highly converting listing on Amazon, the world’s most popular and busiest marketplace.
However, getting to that stage is exceedingly difficult. Combine that with the reality that new rules and arbitrary suspensions are implemented daily….
Even if you are at the top, there is no assurance that you will remain there. You might LOSE EVERYTHING Instantly.
What We Think Of Just One Dime
As Seth Kiep puts it, Just One Dime Amazon FBA Mastery Membership was established for those who are serious about getting their hands dirty and working relentlessly to achieve their goals through Amazon private labeling, or in other words, brand creation.
He compares this revenue stream to planting a tree, where your actions today may not help the environment, but if you continue to water the money tree, it will yield fruits that will pay you for your entire life.
It’s a huge plus that Seth does not teach black-hat tactics, as other instructors do so proudly, because they are not sustainable in the long run and can result in your Amazon account being blacklisted. Why would you want to take a chance?
Just One Dime is a jam-packed course (nearly 100 videos in all, updated weekly) containing a wealth of essential information.
It’s great for newcomers who have just recently discovered Amazon FBA, as well as for those who are currently engaged in private labeling.
Is Just One Dime A Scam?
So, is Just One Dime a scam? Not technically. You can make money with this program, but it’s definitely not as easy as Seth Kniep makes it sound.
There’s a ton of work to be done upfront, no real guarantee of success, and – most importantly – you need to do a ton of volume to make any real money.
Now, there’s nothing wrong with front-loading the work and making the money later.
But if you’re grinding it out for 3 months and then your reward is 15% profit on a $12 product (which comes out to $1.80), it’s not really worth it.
What if, instead, you could do that same 3 months of work (in your spare time), and your reward was a $500 to $2,000 payment that came in every single month (recurring revenue)?
And what if you actually didn’t need to wait 3 months? What if you could get started today and have your first payment in a week?
And what if you could double it next week?
Well, that’s the power of Digital Real Estate.
And, unlike with Amazon FBA, you can legitimately do this from anywhere. It’s a true lifestyle business.
Your laptop and an internet connection is all you need.
Some of the most successful students in this program run their entire 6-figure businesses from:
- A camper in the middle of the woods
- A beach chair on the water in Mexico
- A small villa in Greece
They’re able to travel around, living their lives first, and focusing on their income second.
Because even if they stop working for an extended period of time, the money keeps coming in.
So adventure, memories, and experience are the top priority.
And they never have to worry about how to pay for the next trip, or consider asking for time off.
If this sounds more like the type of life you want to lead, just click here to find out more about Digital Real Estate.
Can You Make Money With Amazon FBA?
You may undoubtedly earn money with Amazon FBA business, but if you’re going to put in the time and effort required to become an expert in online selling (which, believe me, is not simple), you might as well earn some REAL money.
Is Amazon FBA The Perfect Business Model For Me?
When it comes to establishing your own business, there are numerous alternatives.
And even if you’re hell-bent on being a digital entrepreneur, there are far better alternatives than Just One Dime.
Keep in mind, I don’t get paid to promote any of the programs I review. I personally think Just One Dime is a great business model, but you could end up leaving way too much money on the table.
How does Just One Dime help you make money?
Does Just One Dime have a good reputation?
Yes, for the most part.
I discovered significantly more praise than criticism for Seth Kniep and his Amazon FBA Mastery course during my study.
Seth appears to have found tremendous success on Amazon and has created a successful and well-respected YouTube channel (240k+ followers).
Seth’s claim to frequently earn 40-60% profit margins on Amazon, both for himself and his pupils, gives me concern. This is feasible but improbable, considering that 70% of Amazon merchants report less than 25% profit margins.
Are There Alternatives To Just One Dime?
Yes, there are plenty of Dropshipping programs and resources to choose from if you want to pursue this business model. Here are just a few:
What Is Our Top Recommendation For Making Money Online In 2022?
Our review team has spent months researching, reviewing, and vetting dozens of business models and thousands of programs.
While there may be no “perfect business”, the research IS conclusive:
Digital Real Estate is the #1 online business model for those just starting out.
Whether you’ve never made a dollar online, or you’ve been in this space for a while but never really “made it,” Digital Real Estate is for you.
1) It’s Flexible: got an hour a day? You can do this. Ready to drop everything else and dive in full time? You can do this. Yes, the more time you put in, the faster you see results. But even with a little time each day, you can move the needle in a Digital Real Estate business.
And because this system is so flexible, you don’t have to constantly be working to make more money. It’s called PASSIVE INCOME because if you stop working, the money doesn’t.
Imagine taking 3 months off to just tour around Europe, rent a cabin in the woods to write a book, hike the Appalachian Trail, or live on the beach and surf all day.
This is only possible if you have an income stream that’s not tied to your time.
2) You Own & Control EVERYTHING: With Affiliate Marketing, you don’t really own anything. You have no control over the quality of products. You don’t even own customers.
Look at the fine print for most affiliate agreements. At any point, the company can change your commission structure, reduce your profit margins, or kick you out entirely.
With Digital Real Estate, you own the assets, which means you have all the power and all the control.
3) Little To No Startup Costs: It’s possible to get into Digital Real Estate with zero dollars upfront. Because, using the strategies outlined in this program, you can get a client to pay you BEFORE spending a penny out of your own pocket…even before you do any work.
Even without getting paid in advance, you can have your first Digital Rental Property up, running, and generating profits for less than $100.
4) Easy To Duplicate: Ok, here’s the best part: once you have your first Digital Rental Property up and running, you can literally DOUBLE your income with a few clicks, a couple keystrokes, and a single phone call (and you don’t actually need the phone call).
Remember: each Digital Rental Property is worth $500 to $2,000 a month in semi-passive income (over 95% profit). Every time you decide to create another one and increase your income, it gets easier.
Because you have more knowledge, more experience, more results, and more momentum.
If you wanted to double your income with affiliate marketing, you’d have to double your traffic, double the average order size of each customer, OR double your commission rate. And, guaranteed that’s a lot harder than a few clicks and a few minutes of your life.
5) Make Money Helping Real People: This part is what makes it all worth it. With affiliate marketing, you’re selling the product with the best commission rate, NOT the one that’s going to improve the most people’s lives.
And that makes it pretty hard to sleep at night.
But with Digital Real Estate, you’re actually helping people by solving your clients’ biggest problem:
Small, local businesses need more customers, and with Digital Real Estate, you are unleashing a flood of happy, paying customers for these businesses.
You make money by helping them make money.
Not a big, faceless corporation either…a small business owner who’s using that money to put food on the table for their family, start a college fund for their kids, or take care of a sick parent.
Once you see how Digital Real Estate makes a real impact in the lives of real people, you’ll sleep like a baby with a big smile on your face.
Now, the choice is yours. You could continue browsing, looking at opportunities like Anthony Morrison which could one day make you money.
You could continue researching, never making a decision.
OR, you could take a look inside, consider what you really want, and join a program that makes your dreams a reality. At the same time, joining a community of over 2,000 successful students that are living life on their own terms thanks to Digital Real Estate.
A consistent, reliable, semi-passive stream of income that doesn’t depend on you or your time to keep producing profits.
All while genuinely helping real people who are grateful and happy to pay for it.
If this sounds more like what you want out of life (or if you just want some nice side income), click here to learn more about Digital Real Estate.