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If you ever wanted to build an on-line passive income, then Amazon is probably the simplest and easiest way to do it without spending a lot of time and money. I have been able to earn some extra cash selling products on Amazon. It’s pretty simple and you can create a seller account right now at https://sellercentral.amazon.com.
Here are several ways to make money with Amazon:
Sell what you own
Instead of re-gifting that toy, why not sell it on Amazon? If you want to get the maximum price for your product, then you need make sure what you sell is new and in-box condition. To make sure you make a profit you need to make sure that it cost about 25% of what the price is listed on Amazon. This ensures that you once you factor in the cost of shipping and the fee that Amazon charges to give you access to their buyers community, you still can make a profit.
Sell what local retailers are offering at a deep clearance price
Want to sell a product without owning it? What I would normally do with a smartphone is to download Amazon’s Seller App and scan the barcode of products that stores like Wal-Mart or Target have on their clearance shelf. I would look for items that are normally price 3-4 times the clearance price but small and lightweight packaging. The app will let you confirm what the prices you can sell the item on Amazon as well. This ensures maximum profit by minimizing shipping cost. As for the Amazon fees, unfortunately you do not have control over this.
Sell from a supplier
If you really want to make this a serious six figure business then you need to scale it up and have Amazon be your fulfillment provider. For a hobby, you can sell one, two or ten items per month, but what if you have products that will sell 100, 200 or more per month? If you have a full time job, this would be nearly impossible. This is why Amazon created their FBA (Fulfillment By Amazon). Amazon will literally receive your products from your supplier and handle everything from taking orders, to providing customer service, and handling returns. You will even get access to Amazon Prime customers. All you need to do is make sure you have enough inventories and count your profit.
The only thing that will make the latter model work is to find the right product to sell and the supplier who can provide it. This is where the suite of Ecom Exposed softwares have really help me save a tremendous amount of time searching for the right product and the right supplier.
The AZ Prospector provides an easy web based interface to a tool that searches Amazon’s database to quickly narrow down items which match three key things:
– Longest days on the top 100
– Highest number of reviews
– How many other sellers have this product listed
Once you find that niche product, the Samurai Sourcing software will let you quickly search a database of supplier and how much it will cost to purchase that product.
If you want to make money on eBay as well, the eProspector software that comes with this product will help you find that product as well.
In addition, you get access to 38 training videos to help you become the expert in selling on Amazon, eBay or even setting up your own ecommerce.
Training is provided by Sam England who has been a veteran in the ecommerce industry for over 12 year and Paul Counts who consults with many 7 figure ecommerce businesses.
They are also providing live questions and answers sessions to help you succeed.
It only cost $37 which I quickly recoup after two sales on Amazon. Even their 30 days money back guarantee was a no-brainer.
If your serious about making money on-line, nobody can guarantee you’ll make a whole bunch of mula. But if you’re looking for a simple way to make money and you don’t have more than an hour or two out of your job, then you should seriously consider Amazon and the Ecom Exposed suite of softwares. These are powerfull tools you will need to ensure your success on Amazon.
Thanks for watching my video. Check out this link for more information http://bit.ly/1IuON3n