Hey, everyone, welcome back to the channel.
Amazon is one of the biggest companies of our lifetime,
and they generate an absolute ton of revenue.
However, what most people don't realize
is that a lot of that revenue is going straight to people
like you and me who are simply using Amazon as a platform
to run their business.
So in today's video, I'm going to show you four side hustles
that you can start on Amazon that don't require
any prior experience and you can start earning
over $200 per day.
I'll make it super easy to understand each of these
by explaining what they are, how to do them,
and even the pros and cons
along with my personal tips for success.
Without further ado, let's go ahead and get right
into this video.
Starting with side hustle number one, this is Amazon FBA.
Now, Amazon FBA stands for Fulfilled by Amazon.
Now with Amazon FBA, you can sell products
on Amazon's platform and they handle the storage,
the shipping, and the customer service for you.
Now, to get started with Amazon FBA,
you'll need to find a profitable product
and then source it from the supplier,
and create a listing on Amazon.
Then, once you have inventory of this product,
you physically ship it to Amazon's warehouse.
Then once your products are shipped to Amazon's warehouse,
they take care of the rest from there.
Amazon FBA requires some initial investment
to purchase the inventory,
but the potential for profit is huge.
So first, let's look at the pros of doing Amazon FBA.
First is you have access to Amazon's massive customer base.
Also, Amazon handles the storage, shipping,
and customer service.
And then lastly, what most people don't know
is that the potential to sell your Amazon FBA business
is very high.
This business model is highly desirable
for venture capital firms,
so you do potentially have a really profitable exit
once you've built this business up.
With that said, now let's get on to the couple cons
of this business model.
First is there can be a high initial investment required
to purchase the inventory of your product.
Second is competition can be fierce
depending on what product niche you are in.
And lastly, the Amazon fees that are associated
with Amazon FBA can start to cut into your profits.
So explaining what Amazon FBA is, the pros and cons to it,
now, let me give you some of my personal tips.
First is to research your product niches thoroughly
to find low competition niches that have high demand.
If you spend your time doing this part
of the business model, right, it will make the rest
of your experience with Amazon FBA a lot better.
Secondly is to build good relationships
with reliable suppliers.
This will make sure that you're getting
consistent product quality, on-time deliveries,
and most importantly, good bulk pricing
when you're buying your inventory.
And lastly, my third tip for you for success with Amazon FBA
is to optimize your product listings
with really good images, detailed descriptions,
and relevant keywords.
This is going to be extremely important for you to get found
on the Amazon marketplace.
Just like that, we're already onto side hustle number two.
So if Amazon FBA is not a good fit for you,
you should consider Amazon Merch On Demand.
Amazon Merch On Demand is Amazon's print-on-demand service,
where you can create and sell custom designed T-shirts,
hoodies, and other merchandise like that
all with the help of Amazon's platform.
Now, I've personally been doing this one
for several years now, because all you have to do
is create the designs and upload them to Amazon,
and Amazon does everything else.
You don't even have to ship in products
or worry about inventory.
So essentially, once you create these designs
and you upload them to Amazon Merch On Demand,
it creates essentially a virtual listing
of what that design would look like on the product
that you are selling.
Now, what's cool is that when someone comes along
and finds that listing and they make a purchase
of that product, Amazon actually goes and prints
that exact design on the specific product they chose,
and then ships it out
and deals with all the customer service.
You simply just get a split of the profit
paid to you as a royalty.
And to make it even better, the best part here
is that there are no upfront costs and no ongoing fees
to do Amazon Merch On Demand.
So let's talk about the pros to this business model.
First, obviously, the big one
is that there's no upfront costs,
and you don't have to worry about inventory.
Second is that you have full 100% creative freedom
to design whatever you want,
and create products in any niches you'd like.
And third, which is my personal favorite,
is that with this business model, it is 100% passive income
after you've created that design
and uploaded it to the website.
But as with all business models,
there are some cons as well.
So the first con here is that you are limited
to Amazon's products that they offer that you can sell on.
So you are kind of limited
on what you can offer your designs printed on.
Secondly is that the royalties that they pay you
on every sale are a little bit lower
than other print-on-demand specific platforms,
but it's kind of offset by how much traffic Amazon gets.
And then lastly, the third notable con here
is that since it is Amazon,
the competition can be pretty high
depending on what niche you are going into.
So with that said, here are my personal tips
for success with this one.
And keep in mind, I've been doing this one for years.
So I like to think that I have some valuable pieces
of advice to offer you.
First, and it may seem like a trend with Amazon,
but make sure that you are researching
for low competition sub-niches.
This will make sure that you don't have a lot of competitors
and you will see sales of your designs on Amazon.
If you go into a niche that is just way too saturated
and there are way too many other sellers,
you're not going to get many sales,
because you're simply competing with so many other people
that your designs get lost.
The second piece of advice I can pass on to you
is to use a T-shirt design tool and make sure
that it has copyright free T-shirt design templates.
Don't get caught up using a T-shirt design tool
that might be free to use, but the templates,
the graphics, the fonts are all copyrighted,
so you can't use those four print-on-demand.
Now, since I've been doing this business for so long,
I've put a lot of step-by-step tutorials
on this channel for print-on-demand.
So as far as the designing goes, the niche research,
all of those things, I have specific tutorials
on this channel showing how I personally do it.
So I'll link to a bunch of those down in the description
if you are interested in that.
And the third piece of advice that I can pass on to you
is to use the name of the low competition sub-niches
that you find as keywords throughout your listing.
This is going to help you get found on Amazon
when people are typing in things related to the designs
and the listings that you're creating.
So that pretty much sums up the second side hustle
of Merch On Demand, let's move into the third.
The third is called Amazon KDP.
Essentially what KDP stands for is Kindle Direct Publishing.
If you're not familiar with what Kindle is,
it's essentially eBooks.
So with Amazon KDP, you can essentially self-publish eBooks
and you can sell them on Amazon's platform.
So if you're someone who has a passion for writing
or if you have valuable knowledge
that you'd like to pass onto other people,
this could be a perfect side hustle for you.
Now, once you create the ebook
and you list it on Amazon's website,
which is all free to do, you will earn a royalty
for every time that that eBook sells.
So let's talk about the pros to this business model.
First is you have the full creative freedom to write
and publish any eBooks you would like.
So you can cover any topics you're passionate about.
Second is it is 100% passive
once you've uploaded and published those eBooks.
And third is you have access
to Amazon's massive customer base.
So if you are going to be selling an eBook anywhere online,
this is probably the best place to do it.
Now, the couple cons to this business model.
First, writing an eBook can be very time consuming.
A lot of people don't realize how much work
goes into writing all of that content.
Second, although you have access
to Amazon's massive customer base,
marketing is going to be pretty crucial
if you wanna sell a lot of your eBooks.
And third comes by no surprise,
the competition can be high
depending on what topic you are publishing in.
Okay, and lastly, now let's get into my personal tips
for selling eBooks with Amazon KDP.
First is to write high quality, well-researched content
that provides actual value to your readers.
There are a ton of books and content out there
that are filled with fluff,
and that's why they don't take off.
If you write content that is filled with real, juicy value,
people are going to love it,
and that's why your book will take off.
Second and most important in my opinion,
is to invest in a professional cover design
to make your book stand out,
and look like it's a real professional eBook.
Now, I personally used fiverr.com for mine,
and I paid literally $5 for an eBook cover,
and it came out excellent.
So I recommend starting there
if you're looking for a cover artist.
And then the third tip that I can pass on to you
is promote your book through social media, email marketing,
and any other channels that you have somewhat
of an audience with.
When you first publish your book on Amazon,
it's not going to go to the top of the rankings,
and it's not going to have any ratings or reviews.
So by driving your own traffic in the beginning,
you can build up those reviews,
and this will, in turn, give you social proof.
So when other people come and see that,
they can read the good reviews,
and they're more likely to buy your ebook.
All right, so if none of these so far
have really matched up with you,
I've got a good fourth one for you.
So side hustle number four is Amazon Affiliate Marketing.
As an Amazon affiliate, you can earn commissions
by promoting and recommending Amazon products
on your website, blog, or social media.
Now, to get started with this,
you can sign up for the Amazon Associates Program,
and then they give you access
to create unique affiliate links for any products
that you wanna promote on Amazon.
Now, essentially what you do from here
is you take those unique links,
you share them with the world,
and when someone clicks on that link
and they make a purchase from Amazon,
you simply earn a commission.
Now, the key to success with Amazon Affiliate Marketing
is to create valuable content that genuinely helps
your audience and then naturally incorporate
your affiliate links.
So with that said, let's cover a couple of the pros
to this business model.
First is there is no need to handle inventory
or customer service.
All you're doing is recommending and referring people
to buy things off of Amazon.
So that leads us into the second pro.
This is 100% passive income after you've created
and published that content
that has your affiliate link in it.
And lastly, the third pro here is that you have a huge range
of products that you can promote, because you can promote
any product that's listed on Amazon.
Now, yes, there are a couple cons that go along
with Amazon Affiliate Marketing.
First is that Amazon's commission rate
is usually lower than other affiliate programs
that are selling that specific product directly.
Secondly is that it's usually pretty slow
to start making money with this,
because you have to get your content created, posted,
and then ranked for people to find.
And lastly, third is that competition can be high
depending on what niche you are creating content in.
Some things are just very competitive niches
to be creating content in.
It's hard to get people to find your articles
over other people who are creating tons
of other articles in that same topic.
So with that said, here are my personal tips
that will help you succeed with Amazon Affiliate Marketing.
First is choose a niche that you specifically
are passionate about or knowledgeable in.
Don't just go after the big commission items-
focus on what you know, and that'll make the process
of creating valuable content for people so much easier.
The second tip is to make sure
that you are creating high quality, informative content
that really is providing value to your audience.
Don't just create fluff content,
because it's never going to get legs and take off,
and get organic traffic to it.
And the third tip,
which is probably the most important tip here
is that remember that when you create an affiliate link
on Amazon, when someone clicks that, you get a commission
on whatever they purchase.
So essentially, when someone clicks
your unique affiliate link that goes to a product on Amazon,
within 24 hours after they click that link,
whatever they buy on Amazon,
you will get the commission for.
So if you referred them to a pair of tennis shoes
and they don't end up buying it,
then they come back within 24 hours,
they log on to Amazon and they buy
a vacuum cleaner for $500,
you will get a commission on that vacuum cleaner.
Now, this is another business model
that I've personally been doing for several years,
so I have a full step-by-step tutorial for this one as well.
I'll link that down in the description if you're interested.
So there you have it.
Four side hustles that you can do right on amazon.com.
So it's up to you to figure out which one fits you best,
and just start doing that one.
Now, for those of you who are interested
in Amazon Merch On Demand or Amazon Affiliate Marketing,
the full step-by-step tutorials are down
in the description below.
As always, if you enjoyed this video,
please give it a thumbs up.
If you have any questions,
just let me know down in the comments.
Take care, guys.
I will see you all in the next video.