Good morning all,
I've been approached by a drop shipping automation company with an offer for them to open and run a Walmart seller store.
Details:
1) initial investment = $35k
2) monthly fee = $500
3) profit share = 30% to them, 70% to me
4) yearly contract renewal fee = $5k
5) this company provides all back end support -> llc, product research, listing, shipping, customer service, returns, books
6) Walmart is loads harder to become a seller than Amazon, thus trimming the seller pool -> there's about 10% seller saturation compared to the available market.
I can't find a ton of resources online about the risk/potential for this opportunity, so I came to MMM! Please help me realize anything I'm missing, and let's have a healthy discussion!
I don't believe this topic already exists, but if there's another thread somewhere, please point me in that direction.
Thank you,
JB