How To Make Money On Amazon As A Side Or Primary Hustle
Are you looking to make some extra cash on the side or even replace your full-time job with a lucrative side hustle? Look no further than Amazon. With its vast customer base and a wide range of products, Amazon is a goldmine for individuals seeking financial independence and flexibility in their careers. In this article, we will explore how you can make money on Amazon, with tips and insights from @kthustles, a successful Amazon entrepreneur.
1. Start as a seller on Amazon:
One of the most popular ways to make money on Amazon is by becoming a seller. This involves sourcing products, listing them on Amazon, and fulfilling customer orders. The key to success in this endeavor lies in finding profitable products to sell. “Research is crucial when it comes to selecting the right products,” advises @kthustles. Look for high-demand items with low competition to maximize your chances of success.
2. Utilize FBA (Fulfillment by Amazon):
Fulfillment by Amazon (FBA) is a service offered by Amazon that allows third-party sellers to store their products in Amazon fulfillment centers. When orders come in, Amazon takes care of storage, packaging, and shipping. This provides sellers with a hassle-free process, allowing them to focus on sourcing and expanding their product range. @kthustles states, “FBA is a game-changer. It enables sellers to scale their business without worrying about logistics.”
3. Capitalize on Amazon Handmade:
If you possess creative skills or have a knack for crafting, Amazon Handmade is the perfect platform to showcase and sell your unique handmade goods. Unlike other platforms, @kthustles points out that “Amazon Handmade gives your products the exposure of a giant marketplace, leading to increased visibility and potential sales.” By listing your creations here, you can tap into an audience actively seeking out artisanal and personalized items.
4. Publish a book on Kindle:
Do you have a way with words? Consider self-publishing your book on Amazon Kindle. With Kindle Direct Publishing, you can reach millions of readers worldwide and earn royalties on every sale. “Self-publishing is an incredible opportunity to share your knowledge, tell your story, and generate passive income,” affirms @kthustles. Plus, there’s no need to worry about printing costs or inventory management – Kindle books are delivered digitally.
5. Try retail arbitrage:
An alternative way to make money on Amazon is through retail arbitrage. This involves purchasing products at a lower price from physical stores and reselling them at a higher price on Amazon. @kthustles advises, “Research clearance sales, liquidation stores, and discount outlets to find items with a significant price difference.” Retail arbitrage requires careful product research and patience, but it can be a profitable venture if executed properly.
6. Explore Amazon Affiliate marketing:
If you have a blog, website, or a strong social media presence, you can monetize your influence by becoming an Amazon affiliate. This involves promoting products through personalized affiliate links and earning a commission on each sale generated. @kthustles highlights, “Affiliate marketing is a low-risk venture since you don’t need to deal with product inventory or customer service.” It is an ideal option for those looking to make money passively.
Regardless of the method you choose, @kthustles emphasizes the importance of ongoing learning and adapting to changes. “Amazon is a dynamic marketplace, and it’s crucial to keep up with the newest trends, strategies, and policies,” she advises. Dedicate time to research, join forums, participate in training programs, and network with fellow Amazon entrepreneurs to stay ahead of the game.
In conclusion, making money on Amazon is not only a viable side hustle but also a potential primary hustle for those seeking financial freedom. Whether you opt to become a seller, showcase your handmade creations, self-publish a book, engage in retail arbitrage, or explore affiliate marketing, there is a wealth of opportunities waiting to be tapped into on this global marketplace. So, take the first step towards building your empire on Amazon and start hustling today!
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This is some good sh*t.
God bless ya Myron
His course is $4k
His program your aren’t being trained by him. You get a mentor for a month that is paid by the program obviously they ain’t doing it for free.
And they ain’t helping you get ungated being allowed to sell on Amazon. That’s all up to Amazon if they let you.
Sounds good & everything kthustles, but everyone forgets it takes money to make money, nowdays in amazon theres a lot of comp, meaning startup costs are no longer cheap and you need a lot of capital your willing "to lose", keeping it real guys, great interview
Did this guy do PPC ads for his products? Or just relied on ranking? If anyone could let me know would be good.
Salute to ma foreign brothers, we taking over the globe and Africa at the fore front
For the algo!
What if you run out of a product do you just unlist it
Woo-hoo fellow Mason grad here!
What did he study in college?
Fresh needs to learn how to interview people and how to speak in general.
So i spent about a week trying to find suppliers of products to get them as cheap as possible. Went through the sale costs on amazon, then ran the numbers on it all. Sounds great until you find out the costs of selling through amazon.
You cannot compete, this game is ruled by big companies. In every scenario i ran, i make a loss on every sale. Theres no way i can find a supllier to sell me a product at £2 that i have to sell atleast at £8 just to make a £1 profit after the costs involved with amazon.
This dude isnt telling it all, he makes his money selling a course to you boys as a dream. Ive not even looked into him, but i guarantee this was his advert
On behalf of all Africans we are proud of this man
SO I checked the website for scrubdaddy and when you try and order wholesale, it specifically says stop filling out a business form if you intend to sell on amazon, ebay, etc. interesting that he said he contacted scrub daddy and asked for wholesale. I wonder how he did it cuz the company website says to NOT do that.
Great info guys
How much does it cost to come on show and sell my snake oil?
Lol the course isn’t free it’s $300
Did anyone actually start his “free course” from 0-10k a month, and if so is it legit?
Thank you for this video! For the algorithm!!
I love how you talk about profit but not about taxes, shipping costs fees etc
for people to know a 3000$ credit card at 20% its 1.64$ per day in interest. So its 49.32$ interest but depending of the law like here in Canada the minimum its 3.5% but will increase of 0.5% per year until it get at 5%…so now on a 3000$ credit card the minimum payment will be 105$(49.32$interest and 55.68$capital) but in USA I think the minimum it's still 1 or 1.5% so it doesn't cover the interest fee because at 1.5% its 45$. Credit Card can be useful but can put in a danger zone fast if not use properly
Thank u Myron
One of the best guests
Is he Cappin?
"Myron" oooooooooooh
Watching this over and over. Watch me run up mils with this strategy shoutout all 3 of y’all.
Signed up for a consultation call next friday. Excited to get this shit rolling. Tired of working 9-5 and slaving for fucks who dont appreciate me. Time to get rich!!
Ebay's traffic isn't as good as Amazon's. Ebay you should only use as a backup or things that Amazon won't allow you to sell.
bros a beast, we need more videos like this where even Myron is learning something
I can relate to this brother eBay/PayPal are thieves and not a good investment for the long run. My eBay account was also shut down over some BS that wasn’t even my fault. I was making 2k a week until eBay wanted me to provide proof and paperwork that my products were legitimate and even after I provided the paperwork, they put my account on hold that had $2,075 and then they closed it permanently for no reason. Look at how many eBay/PayPal horror stories there are. Anyone who is looking to start an online business, stay clear of eBay & PayPal, they WILL eventually screw you over especially when your income increases!
How long does the Free training email take to get to me? It's been several hours. No email
This is the Episide for most young men, but most of them prefer to be virtue siganalling simps and bums watching A&P gossip about other people doing something meaningful or watching these delusional girls
I am a woman watching this and wanted some more income to help with my rent etc. I will try to post some clothing and products I already have (new) from brands that they sent me, and see how it goes and if it works and what works better. If I sell something, will put that money back! 🙂
I used to sell on Amazon and did big numbers. I stopped. Now I want to come back this was a good refresher.