what's up guys my name is ryan hogue i'm
a 32 year old multi-million dollar
amazon seller and i want to tell you
five ways that you can make money
selling on amazon
the first way is amazon fba
we're very familiar most likely with
amazon prime i think the last i heard
there were over 200 million households
with
amazon prime in america and with prime
we're all accustomed to that two or even
one day or sometimes same day
shipping well do you ever ask yourself
how that's possible
on the other end of that there's almost
always an amazon fba
seller where we can create our own
branded products
source them from overseas typically from
overseas that's where the manufacturers
are
send them directly to an fba warehouse
where they'll be uh
shelved and basically used as storage
and then following an order
amazon employees well they call them
associates because i've actually been to
an fba warehouse before and i remember
that word they kept saying associates it
was weird
but an associate will pick pack and ship
your product off to the customer
so we can do this from the comfort of
our homes
and it's completely passive other than
you know going to the bank and doing a
wire transfer
to pay whoever's manufacturing your
products
now the second way you can make money on
amazon is through
merch by amazon merch by amazon is an
incredible opportunity to make money
with no downside so i just talked about
amazon fba but i told you you have to
put up your own money
to pre-pay for the products that your
customers will purchase and then get
with their two-day prime shipping with
amazon merch
you don't have to pay for anything you
don't ever have to put a credit card on
file
it's an invite-only program so there is
an application process but if you're
accepted you are then able to post
print-on-demand products like t-shirts
with a design on them this is a bad
example because there's no no graphic on
this t-shirt
but you're able to list things like
t-shirts hoodies
uh they've expanded it to include like
pop sockets that go on phones
tote bags pillows etc you're able to
list them
on amazon.com as well as some of their
international marketplaces i think
six international marketplaces if i'm if
i'm not mistaken maybe seven i think
it's six
and following a sale you're paid out a
royalty
and amazon does all the work they will
take a blank shirt like this one
run it through a printer put the design
that you put that you had mocked up
on the product ship it to the customer
and you sit back and do nothing you
don't even have to do customer service
so it is if not if it's not the best
opportunity to make money online in 2021
and and beyond i don't know what is and
i think everybody should take advantage
of merch by amazon by the way i'll put
links to everything you need in the
description below
in case you want to follow along the
opportunity number
three is amazon kdp this is kindle
direct publishing did you know you can
also sell print on demand books on
amazon with
no downside again you don't need to put
a credit card on file you don't need to
pay for anything
you just need to publish books through
the amazon kdp portal
and if a customer buys it guess what
very similar to merch by amazon
amazon will create the book ship it to
the customer they handle customer
service
and they pay you out a royalty how crazy
is that
i know people that have made 50 000
in a month from kdp believe it or not
now there were some ads involved in
generating that revenue so their actual
profit
was i think they told me maybe something
around 15 to 20 000 but hey guys would
you take that much money a month
for selling books online that you don't
even have to worry about keeping in
stock or worrying about
working out deals with a publisher you
can self-publish on kdp
pretty cool right and you can actually
do a little bit more than just uh
publishing books with content you can do
what's called
low content book publishing and publish
things like
dream journals or even just lined paper
notebooks so there's a ton of potential
now opportunity number four and you know
what i didn't put these in any specific
order this maybe could have been
opportunity number one
but you can sell things through amazon
seller central which is not one of these
portals like merch by amazon or kdp
amazon seller central is the the hub
if you will that amazon created with the
intent
of the majority if not every seller
using to sell on amazon
with seller central there's just endless
possibilities of ways to list products
on amazon now you can do things like
amazon fba
through seller central where you sell
prime eligible products
you can do things like amazon fbm so
where fba stood for fulfilled by amazon
fbm stands for fulfilled by merchant
and you can do things like retail
arbitrage that's a really popular one so
i've got a funny story for you guys
we just had a july 4th pool party and i
was texting with my mom because i was
going to go visit her
and i was going to do some of the
cooking at her house because
guys cooking is not my strong suit part
of how i run my ecommerce business
is i don't spend time doing things like
cooking basically
if i'm being transparent with you
because there's not enough time in a day
for me to get everything i want done
plus run my business plus workout and
all that good stuff so
anyways i texted her and i was like ma
i'm about to buy jello on amazon
for like 12 bucks and she said hold up
jello's like 99 cents at the store now i
personally knew jello was cheap i didn't
know it was 99 cents
and she was gonna kill me if i paid 10
to buy it on amazon
now what you can do if you
choose to is go to your local grocery
store buy the jello for 99 cents
and then create an offer to sell it as
fbm on your seller central account
now if you offer the lowest price
typically amazon will award you the buy
box meaning the next time a customer
comes to that jello listing
and clicks add to cart and purchases you
will get the sale not not the other
people selling jello
now then you're going to be on the hook
to ship the order to your customer and
what's cool is you can buy your shipping
through amazon at a
hugely discounted rate so it'll cost you
probably a couple bucks i mean for jello
probably cost you like a dollar because
it's so small and
um lightweight so anyways that's an
example of how you can do
fbm selling on amazon via seller central
and you can do things like drop shipping
even though i'm not a huge fan of that
you can do fba
you can sell print on demand i mean
there's so much potential guys
that's why it doesn't really matter how
you begin to sell
on amazon it's good to just get started
because
any way that you start from the methods
i'm sharing is gonna help you in the
future be more comfortable
and expand the scope of your ecommerce
empire don't you like the way that
sounds
ecommerce empire when i started by the
way hey when i started
zero sales today i can call myself a
multi-million dollar amazon seller
what's the difference between me on day
one
and now it's just that i took action i
never quit you know i kept learning
so the fifth way that i want to tell you
about making money on amazon
is through amazon ignite now i don't
bring a lot of personal expertise to
amazon ignite because i haven't found a
way of doing it that's streamlined
and it's hard for me to justify spending
a lot of
time and attention on manual processes
that don't get any easier but
that being said you shouldn't be
deterred amazon ignite is another
portal and i believe it's invite only
now i've had my ignite account for a
couple years i haven't done much with it
uh but i've definitely studied what
ignite is and it's another method of
selling on amazon that that doesn't use
seller central basically because seller
central again was meant to be the
the way to sell on amazon with merch by
amazon amazon kdp and amazon ignite you
have a separate portal
that gives you a separate workflow to
create products for sale on amazon and
amazon ignite
is really geared towards selling info
products really like digital products
digital downloads
to be used by teachers in the classroom
so it's geared towards education so you
can do things like create
pdf maps where the kids have to name the
states
or name the countries on earth and then
you can sell that
through amazon ignite and it's the same
story amazon will deliver the digital
product
to the customer and you get paid out a
royalty
when you make the sale it's similar to
there's a website called teachers pay
teachers i believe that's what it's
called
and it's kind of similar to what they've
got going on over there but you guys
already know amazon wants
they don't just want a piece of the pie
they don't want 99 of the pie they want
100 of the pie
so when they see another business that's
driving they say how can we integrate
that into the amazon catalog
and before you knew it amazon ignite was
born i don't remember if it was 2017 or
2018. i want to lean towards 2018
uh late in the year i think was when
amazon ignite was uh was born
so anyways guys that's five ways you can
make money on amazon there's no excuse
not to start
today right now i've got the links in
the description
and if you're like me and you need
guidance to get started
i do in fact offer courses on how i
became a multi-million dollar amazon
seller
now i don't offer a course for amazon
ignite but the other four
i speak to my personal experience in
starting scaling and automating my
amazon businesses
because i have kind of i think of them
as separate businesses and
yeah if you want to learn from somebody
that's been there and done that who
also has seven years teaching
credentials to their name because i've
actually taught for seven years at the
college level teaching web development
but
the only reason i share that is so that
you know i'm an actual teacher
outside of doing the online schooling
but i do publish or i did publish
some online courses if you join you get
access to me
if you need any help and you can find
more information in the description
below but hey guys thank you for
watching this video do me a quick favor
make sure you like and subscribe if
you're not already and i'll see you soon