Welcome to our ECOM Authority review.
Have you ever wondered what it would be like to earn passive income without the daily headache of managing an Amazon store? That's where "ECOM Authority" steps in. Created by Dan Cohen, ECOM Authority stands out as a guide for those interested in E-commerce.
ECOM Authority is a management and service provider dedicated to handling every complex detail of creating and managing an Amazon store for you. This means that as a client, you can focus on other important aspects of your life, knowing that your online business is in capable hands.
Before deciding to partner with ECOM Authority, our review will dive deep into what ECOM Authority offers, its costs, and the true value it provides. We have thoroughly evaluated ECOM Authority's services to give you an honest opinion about them.
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What is ECOM Authority?
ECOM Authority presents itself as a full-service e-commerce management and service provider, focusing specifically on Amazon store owners. Their approach is comprehensive, aiming to manage every facet of creating and operating an Amazon store.
This complete service is designed to enable clients to earn passive income while focusing on other life priorities. Key to their offerings is a 'done-for-you' service model that requires a significant investment but promises a unique payment structure: fees are only charged once the client starts earning.
What sets ECOM Authority apart is its ownership of a warehouse for additional inventory storage and efficient shipping management to Amazon's Fulfillment by Amazon (FBA) warehouses. They also take charge of all marketing aspects, customer interactions, handling of refunds and reviews, and account suspensions.
Who is Dan Cohen?
Dan Cohen is an experienced entrepreneur with a diverse background in real estate and e-commerce. Initially finding success as a 7-figure real estate investor, Cohen made a strategic shift into the world of retail arbitrage and Amazon FBA.
His journey in real estate involved over 100 house renovations and 200 wholesale deals, but the time and capital demands of this industry led him to switch to e-commerce. Cohen's entrepreneurial spirit is further highlighted by his recent acquisition of Roman Cresto's Empire Ecommerce automation company in November 2022.
This move reflects his commitment to expanding and enhancing the services offered by ECOM Authority, solidifying his position as a significant player in the Amazon store management and e-commerce sector.
What does ECOM Authority cost?
Establishing an e-commerce business with ECOM Authority requires a starting budget of around $45,000. This amount is a set fee, irrespective of your desired monthly passive income level, which could range from $2,500 to over $10,000.
This set fee covers the initial setup and operational expenses of the e-commerce business. Given the magnitude of this investment, prospective clients should carefully consider the financial implications of this business venture with ECOM Authority.
What's in ECOM Authority?
ECOM Authority provides an extensive "done-for-you" service, designed to handle every element of Amazon store management right from scratch.
The onboarding process is efficient, aiming to get your business operational within 2-3 weeks. Once your store is active, the ECOM Authority team takes over full management, ensuring a hands-off experience for the store owner.
The scope of services offered includes:
1- Product Acquisition: The team works to secure products at the most competitive prices, which is key to enhancing profit margins.
2- Inventory Supervision: ECOM Authority takes on the responsibility of sourcing and storing inventory, mitigating the associated risks for store owners.
3- Client Support: All aspects of customer interaction, including dealing with complaints and issues, are managed by the team to maintain high product ratings and customer satisfaction.
4- Feedback Review: Understanding the importance of positive customer reviews, the team actively manages and optimizes these to benefit store performance.
5- Email Correspondence: The handling of all inbound and outbound emails is done by the team, ensuring efficient and professional communication.
6- Account Suspension Assistance: In the rare event of an account suspension, ECOM Authority not only handles the appeal process but also covers all related costs.
This comprehensive approach by ECOM Authority aims to provide a seamless and profitable Amazon store ownership experience, with minimal involvement required from the client.
Are there any additional or hidden costs?
When considering ECOM Authority, it's important to be aware of the additional financial commitments beyond the initial investment. While the program operates on a revenue-sharing model, where ECOM Authority claims 40% of your store's monthly profits, leaving you with 60%, there are other costs to consider.
Prospective clients should be prepared for a considerable initial expense. This includes the necessity of having at least $20,000 available in credit, alongside one or two high-limit credit cards.
Also, there's a need for extra initial capital that covers the expenses of setting up your store and placing initial orders. This dual cost structure – combining ongoing revenue sharing with substantial initial expenses – is a key financial aspect to keep in mind when evaluating the feasibility of partnering with ECOM Authority.
Is ECOM Authority a scam?
No, I wouldn't say that ECOM Authority is a scam.
Our investigation suggests that ECOM Authority is not a scam. It offers valuable insights and services, such as comprehensive product sourcing, efficient inventory management, and expert handling of customer service and store reviews.
However, it's also important to recognize that ECOM Authority might not be the ideal fit for everyone. The requirement for a substantial initial investment and the ongoing revenue-sharing model can be intimidating and might not suit everyone's financial situation or comfort with risk.
Additionally, the promise of quick and significant returns should be balanced against the actual ups and downs of e-commerce, which can be unpredictable and competitive.
Are there any ECOM Authority complaints?
ECOM Authority has a 4.5 star rating on Trustpilot, which is pretty good. That said, the 2% of their ratings that are 1 star do give some cause for concern.
In our commitment to provide a balanced and thorough review of ECOM Authority, we review various sources, including Trustpilot, to gather insights from existing and past clients. Our investigation revealed a mix of opinions, with a notable presence of negative reviews that raise some concerns.
One customer shared their experience of financial loss. While their store was set up during a time when Amazon was getting stricter with dropshipping rules, the lack of support during tough times was a major downside.
Finally, another user expressed initial enthusiasm about the opportunity ECOM Authority presented but was later disillusioned by the slow and unresponsive service. They also mentioned inconsistencies regarding the availability of a physical store location, which contributed to their growing suspicions about the company's operations.
ECOM Authority Pros & Cons
Pros
Comprehensive Management: ECOM Authority provides a complete 'done-for-you' service, handling all aspects of Amazon store management, from product acquisition to customer support, which is ideal for those looking for a hands-off approach.
Efficient Onboarding: The program promises to get your business up and running within 2-3 weeks, offering a quick start to your e-commerce venture.
Expertise in E-commerce: Led by Dan Cohen, a seasoned entrepreneur, ECOM Authority brings a wealth of knowledge and experience in both real estate and e-commerce, ensuring a high level of expertise in in-store management.
Revenue Sharing Model: The cost structure aligns ECOM Authority’s interests with the success of your store, as they earn a portion of the store’s profits, motivating them to maximize your store's performance.
Risk Mitigation: With services like inventory supervision and account suspension assistance, ECOM Authority mitigates several risks associated with Amazon store ownership.
Cons
High Competition: The e-commerce industry is incredibly competitive, with numerous businesses vying for customer attention. Standing out requires significant effort in marketing, customer service, and product uniqueness, which can be challenging for new entrants.
Technical Challenges: Running an e-commerce store requires a certain level of technical know-how or the resources to hire expertise. Website maintenance, cybersecurity, and navigating online payment systems are ongoing tasks that can be daunting for those not technically inclined.
Customer Trust Issues: With the prevalence of online scams and data breaches, building trust with customers can be difficult. E-commerce businesses must invest in securing their platforms and building a reputation for reliability and quality to win and retain customers.
Marginal Profitability: Due to fierce competition, particularly from large players like Amazon or eBay, smaller e-commerce businesses often operate on thin margins. They may need to lower prices to attract customers, which can significantly reduce profitability.
Market Saturation and Changing Trends: E-commerce markets can become quickly saturated, making it hard for businesses to maintain profitability. Additionally, consumer trends and technologies evolve rapidly, requiring businesses to continuously adapt their strategies and product offerings to stay relevant.
ECOM Authority review verdict
Our comprehensive review of ECOM Authority reveals that it is not a scam but a legitimate course offering valuable insights and services in Amazon store management, this program is designed to make things easier by managing every complex detail of your Amazon's business.
From product acquisition to customer support, ECOM Authority offers a holistic 'done-for-you' service, efficiently setting up businesses within 2-3 weeks and handling all ongoing management tasks.
However, the substantial initial investment, combined with a revenue-sharing model where the ECOM Authority takes 40% of monthly profits, can be overwhelming. Additionally, the business model's dependence on handling all operational aspects might limit your control and understanding of the business, which is an important consideration for those new to e-commerce.
All in all, we believe there are better ways to make a living online.
Thank you for reading our ECOM Authority review. We hope it has helped some in your decision making process.
Have a blessed day!
