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The Side Hustle Show

567: 20 Ways to Make Money on Amazon

The Side Hustle Show

Nick Loper

How To, Entrepreneurship, Business, Education

4.7 • 1.6K Ratings

🗓️ 25 May 2023

⏱️ 54 minutes

🧾️ Download transcript

Summary

With a ton of ways for people to make money, Amazon is at the center of lots of side hustles these days. The innovative—if not controversial—Seattle company still has its core retail business, but has expanded in many different directions. For entrepreneurs, side hustlers, and everyone else looking to earn some extra cash, Amazon probably has an option for you. In fact, I have several Amazon-related income streams myself! It's the 4th most popular website in the country, and 13th most popular in the entire world. That means there's a huge volume of traffic--and buyers--visiting every day. Let's dive in and explore some of the many ways to make money on Amazon. Full Show Notes: 20 Ways to Make Money on Amazon

Transcript

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0:00.0

20 Ways To Make Money On Amazon

0:05.2

What's up? What's up Nick? Oh, Loper here. Welcome to the SideHustle Show. It's the Entrepreneurship

0:10.6

podcast you can actually apply. Now Amazon, Love them or Hate them. It's at the center

0:15.8

of a lot of side hustles these days. What was once a humble online bookstore has grown

0:21.8

into the fourth most popular website in the country by traffic and has branched out

0:26.7

into dozens of different businesses. Now, what that means for entrepreneurs, side hustlers,

0:32.4

and everyone else looking to earn some extra cash is that Amazon probably has an option

0:37.2

for you. In fact, I've got several Amazon related income streams myself. I will share

0:42.0

those today and a lot more ways to tap into the huge audience of buyers on Amazon in

0:48.3

this episode. Now, before we get into that, I do want to invite you to score your own

0:52.1

personalized side hustle show playlist. All you got to do is go to hustle.show, answer

0:57.7

a few short, multiple choice questions, and I'll build you a custom curated playlist

1:02.7

of the episodes that are going to be most relevant and impactful for you and your business.

1:07.6

That way you can add them to your device, you can learn what works, and you can go

1:11.4

forth and make some more money. Again, that's at hustle.show. Almost 2,000 listeners have

1:17.1

already gone through the quiz there, and I'd love for you to be next. Now, let's dive

1:21.8

in and explore some of the many ways to make money on Amazon. Ready? Let's do it. First

1:27.8

up is retail arbitrage. This is a classic, by-low, sell high business model. How it works

1:33.7

is you find products at deep discounts locally, and you resell them on Amazon for a profit.

1:40.3

If you want, Amazon will leave and handle the shipping for you if you opt into their

1:44.3

fulfillment by Amazon programs. Send it into their warehouse, it gets listed on the

1:48.7

site, and they ship it out on your behalf. To get started with retail arbitrage, you're

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