My personal favourite & my main income stream at the moment🔥
Amazon continues to grow and the possibilities are endless
FBA allows you to take advantage of these possibilities by creating your own brand and leveraging Amazon’s customer database
If you don’t know what “FBA” stands for, it means “Fulfilled by Amazon”
This means Amazon fulfills every order that is placed on your ad. They package it, ship it out, and they make sure the customer gets it.
If you want to learn more I’d suggest you check out: @andyisom100K
2. Shopify Dropshipping
This is very similar to Amazon FBA but the only difference is, Shopify involves creating your own domain and driving your own traffic to build a customer database.
The advantage to this is you have total control over your customers and your brand.
Unlike Amazon FBA, with Shopify you’re actually creating your own sole business meaning the customers are yours not Amazon’s.
If you want to learn more, I’d suggest you check out: @IncomeShark
Lets continue...
3. Affiliate Marketing
Also one of my personal favourites...
Affiliate marketing involves marketing another person’s product in exchange for a commission of the sale
This is beautiful because you don’t have to go through the hard work of creating a quality product yourself...
If you’ve used a product already and know it’s true value, then why not sell it yourself?
You can leverage your own experience with the product in order to build more trust with potential customers.
If you want to learn more, I’d suggest you check out: @HokeHustles
4. Product Flipping
Back to the very basics of business...
Buying low and selling high, that’s the name of the game!
Product flipping involves sourcing products and selling them higher on various platforms.
I love this one because you can literally make money anytime...
I find plenty of products to flip just while grocery shopping 🛒
Sometimes I can make up to $300 when I didn’t even go out looking to source 🤷🏽♂️
Some great platforms to sell on include:
- EBay
- Amazon
- Facebook Market