Farida Bayoumi will help you turn your side hustle into your main income with Amazon FBA. She has launched over 500 products on Amazon and has taught over 1,300 students in 50 countries to do the same. Can this biz really make $5K monthly for the “lazy” as Farida claims?
As a stay-at-home mom, juggling kids and a side hustle while maintaining a clean home, I need a low-maintenance but quick-income biz. Farida Bayoumi has a business offer that she claims can make a lucrative passive online income through Amazon FBA and private labeling. Is it a profitable business venture for moms? This FBA Academy 2.0 review covers all you need to know about the course, its creator, and the business models taught in the program. I’ll also share relevant industry statistics you need to know before deciding.
FBA Academy 2.0 teaches two popular ecom business models: Amazon FBA and private labeling. The program is comprehensive and covers everything from choosing the right niche to launching the product. Farida estimates that it would take about 6 months to a year to implement her business launch strategies. Her goal is to teach you to find the right products to sell, build your brand, and make this business your passive income source. This course has 16 modules plus bonus content worth $8,000 (according to Farida). She charges $997 for full access to the program. You can also pay in 4 installments of $267. She launched FBA Academy 2.0 in 2021 and gives a 60-day money-back guarantee if your business is unsuccessful. However, the terms and conditions aren’t specified and I haven’t found an account that has successfully claimed a refund.
Farida Bayoumi is an online entrepreneur, internet personality, an Amazon seller, and the creator of FBA Academy 2.0 from Toronto, Canada. She earned her degree in film and media from York University in Toronto, Ontario. Farida sold sunglasses sourced from China while she was attending university. She also owns Own The Trend, a retailer of unique Amazon products that sell stylish everyday items like a minimalist sink caddy and a 2-in-1 LED clock Bluetooth speaker. At 22 years old, Farida quit her 9-to-5 job at a digital marketing company to focus on her Amazon business. She now has physical warehouses in Egypt, Dubai, and Canada. It is estimated that she makes at least $20K monthly from her Amazon stores plus sign-up fees for her ecom program.
What Do People Say About This Less Than $1K Amazon FBA and Private Label Training?
FBA Academy 2.0 is sometimes mistaken for David Zaleski and Tom Wang’s FBA Academy, but these are two different courses, despite the close similarity of their names. Farida is a legitimate coach. She is not a scammer, and there are many positive reviews of her. What’s special about her is that she represents women in the male-dominated online business. Her ecom course inspires women, like stay-at-home moms build an income source without leaving the house.
FBA Academy 2.0 has a 4.0-star Trustpilot rating. Most 5-star reviews commend the supportive community and Farida’s positive impact in her live coaching sessions. I also noticed that most of the reviews were written by women who were probably inspired by her success. One of them is Erika Bewick, who highly recommends the program because Farida takes time to explain everything new students need to know. Another satisfied student is Melanie, who found the course 100% helpful. She also mentioned that the online community was an integral part of her learning journey.
There are many positive reviews of FBA Academy 2.0. However, I found 1-star reviews from students who were disappointed with what they paid for. One of the two I found is written by The PRN Boutique, who expressed she was extremely disappointed with the course and called it a “total waste of money”. She said the course is overpriced for what the basic lessons of the modules are worth. The reviewer also complained about Farida being unprofessional and the limited support she allegedly received from the FBA Academy team. In the end, she warns people not to get the course by saying “Save yourself and your hard-earned money”.
An FBA Academy representative replied to this commenter 3 days later. First, she explained that FBA Academy 2.0 is cheaper than other e-commerce courses and compared it to those that cost $2K to $3K, even upward $5K. She further explained that course material was intentionally kept simple and straight to the point to avoid getting the students overwhelmed by too much unnecessary information. The representative reminded the reviewer that she could easily turn to the group for help, like most students do.
The Business Insider Interviews Farida Bayoumi
In her August 2022 interview, Farida shared with the Business Insider that she built six income streams after she left her 9 to 5 job. Her first online store, Own The Trend, was started in 2018 as a side hustle while earning her college degree. She disclosed that this business only cost her $40 monthly to run plus $200 whenever she needed to do photoshoots for her products.
Her strategy is a combination of private labeling and FBA. First, she sourced items from China through Alibaba. Next, she names it as her brand (private labeling) before it’s warehoused and shipped by a third-party service fulfillment facility (FBA). She shared that she lost $500 a day trying to scale her FBA business because she was spending too much on pay-per-click advertisements. Farida took a different route and explored the use of affiliate marketing to get traffic. An influencer, Julia Havens, who had over 300K followers at that time, posted her sunglasses. And, boom! Her inventory sold out, and she made $3,000 in sales. In 2021, she started creating fashion content on TikTok and other platforms to promote her products.
Is FBA Academy 2.0 A Good Fit For Moms?
FBA Academy could be a good fit for moms who are existing retail sellers or have a background in e-commerce. However, complete beginners in this industry might struggle to properly follow the strategies taught by Farida in this course. Amazon FBA and private labeling are also not the easiest business models to get right. There are over 9.7 million Amazon sellers in the world. It’s a highly competitive industry where many sellers are selling similar products to yours. Scaling a profitable FBA business can also be challenging. Only around 150,000 Amazon sellers make at least $100K per year. This means most sellers are barely making a profit.
Aside from these unsatisfying statistics, Amazon FBA also has inherent challenges. The margins are low (less than 25%) and failure rates are high (up to 75%). Following Farida’s strategies is a lot of hard work. You need to run a virtual store, manage a team, and constantly produce great content to drive traffic to your products. Overall, it would be a hard business for moms who are also managing a household.
My recommendation is a low-maintenance, low-capital, but high-profit margin business model called local lead generation. This business model builds digital assets and ranks them up on Google. This places you in front of an audience who are looking for the products and services you’re offering. As the owner of these digital assets, you earn passive income by renting out sites to companies that don’t have one. There are over 10 million of them in the United States alone, so there’s a great opportunity for this service. It’s low capital and you only need about $500 to start. It’s the most practical and beginner business for stay-at-home moms.