Have you been sold the dream of making money online?
Before I discovered how to make money selling on Amazon, let's take a quick look at some of the ways I tried to escape my day job and give me and my family financial freedom.
(Spoiler alert - none of them succeeded!)
- Affiliate marketing
- MLM (multi-level marketing)
- Article writing & blog posts
- Selling websites
I'm not knocking these potential ways that you can work from home or live the laptop lifestyle, but they didn't work for me.
The main reason why? None of them were "real businesses". They weren't actual companies that could connect with people. Once I realised this, I understood that to succeed, I needed to create a real business. I needed to run it like a real business. Only then would I make money like a real business.
(Second spoiler alert: I succeeded! My wife and I gave up our day jobs and moved from Liverpool, England to Mallorca in Spain with our young family, and haven't looked back).
This is the view from our home office in our first Mallorcan home:
Why Start Your Own Amazon Selling Business?You don't need me to tell you about how successful Amazon is. But did you know that it's possible to piggyback on the amazing reach that Amazon has and sell products to their customers?
Over half of the products sold on Amazon are not from Amazon itself. They're from people like me and you - third-party sellers.
Any do you know where we find profitable products to sell on Amazon? From other retail and online stores. Stores that you can go into or order online from.
And Amazon want you to use their platform to sell your products.
Make Money Selling On Amazon - How It Works
Here is a basic breakdown of running your own Amazon business:
Is It Really That Easy To Make Money Selling On Amazon?
The honest answer is no.
- Finding products is not difficult, but to find profitable products that sell frequently needs training and knowledge
- The process is fairly easy, but you need to understand how to create shipments to send to Amazon
- The day to day running of your Amazon account is relatively easy, but how do you know what to do when problems happen (a customer complains, Amazon accidentally damage your inventory etc)?
And this is where most people fail - they don't take the time to learn how selling on Amazon works, they don't take the time to research what they are doing.
Remember what I said at the beginning - the only way to succeed at making money selling on Amazon is to treat it like a real business. Take it seriously and invest your time in learning how to do it properly.
How To Make Money Selling On Amazon Successfully
If you're still reading then you've seen some of the difficulties involved in selling on Amazon, so hopefully you've got some ideas on how to overcome those.
Understanding what you are doing, why you are doing it and the best ways to do it are key.
When we started our Amazon business we made a lot of mistakes, but we used those to put together a process for making it work.
After just over a year of selling on Amazon, myself and my wife gave up our jobs, sold our house in the UK and moved with our family to Mallorca.
It's still hard work. We don't sunbathe a lot! But we have a much better quality of life and we are our own bosses.
That feeling of freedom is one of the best feelings I have had. And I feel that every day.
A great way to get going is to download our free, Amazon Selling quick start guide. This will walk you through the key steps you need in order to have the best possible chance of Amazon success. You can click on How To Make Money Selling On Amazon to access that now.
You've heard about the challenges
Is Selling On Amazon Right For You
Are you prepared to invest time?
Are you prepared to invest money (you can start small and build up)?
Are you prepared to reinvest your profits back into your business for as long as possible?
Are you prepared to invest in yourself, in learning the best way to succeed in selling on Amazon?
If you've answered yes to each of those questions then you could well have found what you are looking for.
Join our FREE 5 step Amazon seller training Academy
We walk you through exactly what you need to do to get selling on Amazon successfully