This video is about four side hustles that can be started on Amazon in 2023, including Amazon FBA and Amazon Merch on Demand, with tips and pros and cons provided for each side hustle.
This video by Greg Gottfried was published on May 14, 2023. Video length: 11:54.
This YouTube video titled "Top 4 Amazon Side Hustles to Start in 2023" discusses four side hustles that individuals can start on Amazon without any prior experience.
The first side hustle mentioned is Amazon FBA (Fulfilled by Amazon), where individuals can sell products on Amazon's platform and have Amazon handle storage, shipping, and customer service. The video also mentions Amazon Merch on Demand, which is Amazon's print-on-demand service for custom-designed merchandise.
The pros and cons of each side hustle are discussed, along with personal tips for success.
Amazon FBA allows you to sell products on Amazon's platform with Amazon handling storage, shipping, and customer service.
Amazon Merch on Demand is a print-on-demand service where you can create and sell custom-designed merchandise.
Personal tips for success with Amazon FBA include researching product niches, building relationships with suppliers, and optimizing product listings.
Personal tips for success with Amazon Merch on Demand include researching low competition sub-niches, taking advantage of Amazon's customer base, and focusing on high-quality designs.
Amazon KDP allows you to self-publish ebooks and sell them on Amazon.
Personal tips for selling ebooks with Amazon KDP include writing high-quality content, investing in a professional cover design, and promoting the book through social media and email marketing.
Amazon Affiliate Marketing allows you to earn commissions by promoting Amazon products through valuable content.
Amazon FBA stands for fulfilled by Amazon, where you can sell products on Amazon's platform and they handle storage, shipping, and customer service.
To get started, you need to find a profitable product, source it from a supplier, and create a listing on Amazon.
Amazon FBA requires an initial investment for inventory, but the potential for profit is high.
Pros of Amazon FBA include access to Amazon's customer base, Amazon handling storage and shipping, and the potential to sell your Amazon FBA business.
Cons of Amazon FBA include a high initial investment, competition depending on the product niche, and Amazon fees cutting into profits.
Section 2: Amazon Merch on Demand
Amazon Merch on Demand is Amazon's print-on-demand service where you can create and sell custom-designed merchandise.
All you have to do is create the designs and upload them to Amazon, and they handle printing, shipping, and customer service.
There are no upfront costs or ongoing fees for Amazon Merch on Demand.
Pros of Amazon Merch on Demand include no upfront costs, full creative freedom, and 100% passive income after uploading designs.
Cons of Amazon Merch on Demand include being limited to Amazon's product offerings, lower royalties compared to other print-on-demand platforms, and high competition.
Section 3: Personal Tips for Success with Amazon FBA
Research product niches thoroughly to find low competition niches with high demand.
Build good relationships with reliable suppliers for consistent product quality and bulk pricing.
Optimize product listings with high-quality images, detailed descriptions, and relevant keywords.
Section 4: Personal Tips for Success with Amazon Merch on Demand
Research low competition sub-niches to offer unique designs.
Take advantage of Amazon's traffic and customer base.
Focus on creating high-quality designs that resonate with your target audience.
Amazon Merch on Demand
Choose a niche with low competition to increase sales.
Use a t-shirt design tool with copyright-free templates.
Incorporate low competition sub-niche keywords in your listing.
Access Amazon's customer base for selling your designs.
Marketing is crucial for selling a lot of your designs.
Amazon KDP (Kindle Direct Publishing)
Self-publish ebooks and sell them on Amazon.
Have full creative freedom to write about any topic.
Earn royalties for every ebook sold.
Writing an ebook can be time-consuming.
Invest in a professional cover design to stand out.
Personal Tips for Selling eBooks with Amazon KDP
Write high-quality, well-researched content that provides value.
Invest in a professional cover design to make your book stand out.
Promote your book through social media and email marketing.
Drive your own traffic to build reviews and social proof.
Amazon Affiliate Marketing
Earn commissions by promoting Amazon products.
Create valuable content that helps your audience.
No need to handle inventory or customer service.
Passive income after creating and publishing content.
Amazon's commission rate is usually lower than other affiliate programs.
Top 4 Amazon Side Hustles to Start in 2023
Choose a niche that you are passionate about or knowledgeable in, rather than focusing on big commission items.
Create high-quality informative content that provides value to your audience, avoiding fluff content.
Remember that when you create an affiliate link on Amazon, you get a commission on whatever the person purchases within 24 hours of clicking the link.
Consider Amazon FBA (Fulfillment by Amazon) as a side hustle, where you can sell physical products on Amazon and let them handle storage, packaging, and shipping.
Explore Amazon Merch on Demand, which allows you to design and sell custom t-shirts and other merchandise on Amazon.
Check out the full step-by-step tutorials for Amazon Merch on Demand and Amazon affiliate marketing in the video description.