A Six-Figure Income Selling On Amazon.
I get a lot of questions on how one can earn a decent (and honest) living online.
So naturally, wanting to give people what they want, I write quite a bit about that subject too.
Recent example: Earning an Income in the Philippines — Without a J*O*B
I’m Not The Expert
But the wonderful thing about the online earning world is, there are so many helpfully people out there who ARE experts.
Recently I received a question in the comments section here abut how one could make money using either eBay or Amazon from right here in the Philippines. A recent example:
Hello everyone. I am 26years old Filipina living in the Philippines. And I am an aspirant online marketer that would like to sell in Ebay and amazon. First, can you tell me how can I sell on amazon and how to withdraw the money that I will earn from it?thank you so much.
This lady is well on her way towards getting herself set up to earn a decent living, without the soul-number, profit stealing disadvantages of a J*O*B. But very understandably, she’s got a lot of questions. She needs a lot of answers, and they better be correct answers, or she could waste a lot of time and money trying to get herself properly set up and earning.
But I Know Lot’s of Experts
Here’s how I answered her:
There’s a lot to learn for either Amazon or eBay (they are two very separate businesses you know). Most important in my view is that “selling things” has nothing to do with eBay or Amazon. You build a business out of finding things that people want to buy. Amazon or eBay are merely tools you use to carry out that selling process. There’s no magic button you push and money flows in. You have to find a need and fill it.
Here’s a great place to learn about what’s going on today with people making a good living selling on Amazon:
Just listen and/or read the written transcript. (A hidden fact you might not know, the presenter, Pat Flynn is half Filipino).
As far as collecting money from sales, just open a PayPal account here in the Philippines. Any Filipino can open one, you don’t even need a bank account. Godspeed.
Free and Reliable Information
I’ve know my colleague Pat Flynn for many years now. He’s a straight-up, honest guy and he gives great information. I highly recommend Pat’s site, www.smartpassiveincom.com
The Philippine Pony is Not a One-Trick Pony
Here’s another source I evaluated just the other day. How about a guy (not a native English-speaker, by the way) who was recently interview by my colleague Nick Loper at www.sidehustlenation.com
If you’re at all interested in Amazon opportunities you owe it to yourself to listen to this podcast (and also download the free “show notes”.
You will not waste your time with this. Just a few of the things you’ll learn:
Assad’s first clearance arbitrage score. (5 Barbie closets 75% off at Target.)
How much time he invested into the business starting out last spring.
His favorite sourcing spots and buying criteria.
His suggestions on how to scale and remove himself as much as possible from the operations. “If I’m not finding inventory, I’m not making money.”
Assad’s tips for “online arbitrage,” buying low at one website and selling high through Amazon. (I like this one since I don’t like going to the store!)
The tools, apps, software, and Facebook groups he uses to run the business in his spare time.
His recommended path for new Amazon FBA sellers.
How he plans to grow the business in 2016.
Assad’s #1 tip for Side Hustle Nation.
And trust me, this is pure, full-disclosure useful information. There’s no “Magic $1997 Amazon Selling Secrets” course for sale or anything like that. It’s well worth your time, thanks Nick and Assad’
There’s just a few ways you can make a Six-Figure Income Selling On Amazon.