A couple of weeks ago I decided to try selling on Amazon (using the Fulfillment-By-Amazon service, to be exact).
My first step was to do a little bit of research. I spent some time learning the basics of how it might work, and what I might purchase to resell on Amazon.
Next up was doing the shopping. » Read more
I’m a regular listener to Pat Flynn’s podcast, and a while back he did an interview with Jessica and Cliff Larrew, who have a full time business selling on Amazon.
What she does is called Fulfillment-By-Amazon (FBA). I decided to dip my toe into FBA and report back here on my results for those who might be interested in doing the same. This type of retail arbitrage could be another way to make extra money.
Why FBA vs eBay?
Many years ago, I’d sold a few things on eBay. While it was exciting to make money on things, I hated packaging everything up and sending them out to individual buyers. It just did not appeal to me as more than an experiment, even though I know that some folks do really well with selling on eBay on the side.
My thinking with trying the Amazon route is that may have the appeal of finding bargain items to resell & make money on without the pain of shipping to individuals. (Although obviously there will still be shipping involved.) So I’m up for giving it a shot. » Read more
I’m an entrepreneur at heart. I can’t help it — it’s just how I am. So for me a statement like “Do what you love and the money will follow” makes a lot of sense.
(Mostly because I’m going to do the things I love anyway.)
But, the thing is… » Read more
What’s the one skill anyone can learn to make (and save) more money?
The art of following through.
There are so many areas of life where following through really pays. » Read more