Amazon FBA

Amazon FBA (fulfillment by Amazon) is one of the hottest side hustles going. It allows you to tap into Amazon’s massive audience of buyers on the front end, AND their world class logistics network on the back end.

Amazon FBA business models generally fall into one of two categories:

Clearance or Retail Arbitrage

This model relies on finding undervalued merchandise locally or online, and flipping it for a profit on Amazon. It could be books, toys, tools, electronics, anything really.

It’s super easy to get started; all you need is a free Amazon seller account and to download their free seller app to your phone. Then, when you’re out shopping, stop by the clearance aisle to scan a few barcodes and see what the items are going for online.

The app will tell you your estimated profit after fees and also the sales rank of the item in the category. My general rule is if I can double my money and the sales rank is less than 100,000, I’ll go ahead and buy it.

I’ve made a few hundred dollars doing this in my spare time.

Importing and Private Labeling

The next stage that many people get into with Amazon FBA is importing and private labeling their own products. This is a little more research intensive and capital intensive; you’ve got to have an eye for figuring out which products will sell and then have the cash to manufacture them.

Some friends and Side Hustle Show guests have built pretty serious businesses following this model, and I invite you to explore some of their stories and tips in the archives here.

Flipping Books for Profit: How to Make $4000 a Month Selling Used Books

August 12, 2024June 26, 2024

Do you enjoy hunting for bargains that you can buy low and sell high?

Charlie William does, and his book flipping business is proof that this business model still works.

He’s become a master deal-hunter, selling more than $9,000 worth of used books last month on Amazon.

The best part? Anyone with access to thrift stores, yard sales, and local charity shops can get started with this side hustle for just a few bucks a month.

Amazon Wholesale: How I Sold $3.2M of Other People’s Products Last Year

April 18, 2024

Ever wish you could get a piece of the Amazon pie?

Corey Ganim of coreyganim.com did just that, banking $3.2 million in sales by selling other people’s products on the e-commerce giant’s platform.

And he didn’t have to deal with the massive upfront costs and headaches of manufacturing his own products.

Corey got started in early 2019 and went full-time with his unique wholesale business model by mid-2020.

He’s since built a multi-million-dollar business buying brand-name inventory at wholesale prices and reselling it on Amazon at a profit.

In this episode, Corey shares his best tips and insights featured in his book, The 5 Pillars of Amazon Wholesale and his free Wholesale Challenge training.

How a Simple Idea Turned Into a $50k a Month Side Hustle

March 1, 2024December 7, 2023

Lou Rice was breastfeeding her son Archie one night when disaster struck—she dropped her Kindle on his head!

While that experience was upsetting for both of them at the moment, it sparked an idea for Lou and her husband Ben to create a solution.

Ben fashioned a silicone strap with staples to attach Lou’s Kindle to her hand and prevent any future dropping incidents.

Lou tested it out over the next month and absolutely loved having the grip and security of the strap for comfortable one-handed reading during those long middle-of-the-night feeds.

And thus, their side hustle, strapsicle.com was born—a company now generating over $50k a month selling their innovative Kindle straps. Not only that, but Strapsicle is on pace for its first-ever 6 figures after recently going viral on TikTok and Instagram.

Online Arbitrage: Make Money with Amazon FBA from Home

May 30, 2024August 26, 2021

Buying products for a low price and selling them for a higher price can be a quick way to multiply money, but what if you could find profit from the comfort of your home?

This is the promise of online arbitrage.

Online arbitrage is the process of buying inventory from one site to resell on another. It’s amazing to me that this is a thing, but it very much is.

From $100 to 7-Figures: Amazon FBA Retail Arbitrage Case Study

May 30, 2024July 30, 2020

“It was costing me money to go to my job,” Nate told me.

That was a year after Nate and Alysha Jackson started their Amazon FBA retail arbitrage business — with just a $100 investment.

Since then, the former public school teachers have sold over $1 million worth of products on Amazon!

Side Hustle Showdown: Private Labeling on Amazon vs. Product Licensing

November 5, 2021July 9, 2020

In the e-commerce space, selling private label products on Amazon has been a popular side hustle for the last several years.

But is it still the best way to go?

Or is there a lower risk, higher reward way to turn your ideas into profits?

341: How to Make Money with Wholesale Bundles on Amazon FBA

December 22, 2021June 27, 2019

Amy Feierman and Kristin Ostrander of MommyIncome.com have generated over $2 million in sales on Amazon over the last 12 months – not through retail arbitrage, not with FBA, but with a unique strategy that has high margins and lower costs per sale.

What are they selling on Amazon?

Bundles — Think shampoo and conditioner, peanut and butter, or any 2-6 products that compliment each other and provide some added value and convenience to the buyer.

326: Reselling on Amazon with a $1 Million Seller: Let’s Go Pick Up Profit!

August 28, 2023March 14, 2019

Jessica Larrew and her husband of TheSellingFamily.com have sold more than a million dollars worth of stuff on Amazon.

The surprising – and I think exciting – way they’ve done this is by finding products to resell in nearby retail stores.

307: Online Arbitrage – How to Find Amazon FBA Profit from Home

June 17, 2024November 1, 2018

Can you find Amazon FBA profit from the comfort of your couch?

Amit Desai of CreditCard101.us has built a business doing exactly that, and now he’s on track to sell $250k worth of stuff this year – all on the side from his day job.

278: Selling an Amazon FBA Business: My $425k Exit … and the Guy Who Bought It

August 28, 2023April 12, 2018

Recently a friend of mine posted about how he sold his 2.5-year-old Amazon FBA business for over $400k, which I thought was incredible.

The twist was it turned out the buyer was a familiar face as well. Spencer Haws of NichePursuits.com was the seller, and Ace Chapman of AceChapman.com was the buyer.

They are both previous guests of the show. Spencer was on episodes 18 and 70 of The Side Hustle Show talking about niche sites and software, and Ace was a guest on episode 182, talking about investing in digital real estate.

Usually Hustling, Occasionally Social