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Is Amazon FBA a viable side business to pursue?

georgemcgov

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Hey

The Millionaire fastlane was one of my first personal development books, absolutely loved it. What a book to start with!

I am young and just beginning my journey as an entrepreneur. Wondering if anyone can give some advice on amazon FBA? Is this a worthy venture to pursue? It seems legitimate if you are willing to put the time in to your product research.

Would appreciate any comments!
 
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JAJT

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Would appreciate any comments!

Welcome to the forum.

There's quite a few threads on this. Some of them are on the inside but it's discussed pretty thoroughly in the normal sections as well. I suggest you search for "amazon" and read everything you can.

Is it viable? Yes. Thousands of folks are making a killing on there. New success stories daily. A few of us have even sold our amazon businesses for tidy sums. Others here are making full time income from Amazon.

However, there's a lot more to it than good product selection:

- Advertising
- Copy writing
- Photography
- Pricing strategies
- Competition
- FBA considerations
- Branding
- Shipping
- Cashflow
- Growth strategies

And a million other little things. It's a full time business.

It's entirely possible to do this on the side, but expect it to be a lot of work anyway. You'll likely also want to be putting a lot of the profits back into the business for growth so don't expect to be making much from it personally unless you want to stay small forever.

Lots to consider but yes - it's certainly viable.
 

georgemcgov

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Thanks a lot! I've been doing quite a bit of research on it and definitely something I'm going to turn my focus to.

I'll have a read of the other threads and see what I can take from them.

thanks again!

Welcome to the forum.

There's quite a few threads on this. Some of them are on the inside but it's discussed pretty thoroughly in the normal sections as well. I suggest you search for "amazon" and read everything you can.

Is it viable? Yes. Thousands of folks are making a killing on there. New success stories daily. A few of us have even sold our amazon businesses for tidy sums. Others here are making full time income from Amazon.

However, there's a lot more to it than good product selection:

- Advertising
- Copy writing
- Photography
- Pricing strategies
- Competition
- FBA considerations
- Branding
- Shipping
- Cashflow
- Growth strategies

And a million other little things. It's a full time business.

It's entirely possible to do this on the side, but expect it to be a lot of work anyway. You'll likely also want to be putting a lot of the profits back into the business for growth so don't expect to be making much from it personally unless you want to stay small forever.

Lots to consider but yes - it's certainly viable.
 

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