Thanks for all the great info. I have had some moderate success with amazon before, but nothing of that magnitude. The best selling lists have works for me, as well as creating a ‘recommended’ list or ‘library’ full of interesting products, although I have always found its better to actually be interesting in the recommendations rather than just plugging anything.
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One of the things I’ve done over the past two years is track the methods I use to make money with Amazon by tracking IDs as well as keeping track of other things I’ve done while building up my Amazon websites. I initially published my findings in two blog posts early last year when I first launched this blog and even today they are still among the most popular posts. Now it’s been over a year and today I’m providing an updated list of information including several new tips that I’ve learned since that time.
Equipment. The largest, and most important, piece of equipment that you’ll need is a high-quality sewing machine. They can range in price from about $2,000 up to $6,000, and you’ll want the best one that you can afford. Other pieces of equipment will vary, depending on what you want to specialize in. For instance, if you intend to make custom draperies, you’ll need a serger, and a drapery steamer.
Skill. If you’re going to sew for other people, your skills need to be far above average. If you’re a beginner or an average seamstress, wait until you improve their skills before attempting to earn money in this type of business. If people are going to trust their wedding dresses or their favorite sports jacket to you, you must be able to handle them with care and the utmost skill.
More and more companies and startups especially are embracing remote work—where you use online collaboration and communication tools to do your work from wherever you want. And you don’t have to be a 20-something hotshot designer or coder to reap the benefits of working remotely. Many remote positions are for customer support positions or other customer-facing positions that don’t require specialized skill sets.
17. Amazon – Have you heard of FBA? It stands for “Fulfilled by Amazon” and it’s getting pretty popular. Basically, you buy products (in bulk is best) and ship them to Amazon for them to store. When your products sell, Amazon packs them up, ships them out and sends you the money (after taking their cut). There are people making a full-time living from FBA, while others just do it for some extra money.
This one sounds simple enough and it really is. The more you sell with Amazon the more you make AND the higher percentage you earn. During holiday months I will typically hit around the 8% mark which is double the 4% rate you start with for shipping only 1 – 6 items per month. Even if you sold 7 items you get bumped up to 6% and the best part is that this increase in commission percentage is retroactive (meaning once you reach the next level you get to apply the higher percentage referral fee to every product you’ve sold during the entire month).
Yeah I agree selling candy at school is a classic. Kids always have lunch money and would rather eat candy then school lunch. Go figure. Make sure not to sell candy during class. It is easy just go buy a big box of candy at Costco and calculate how much each candy costs you. Then you can up the price when you sell it at school so you make a profit. You might want to sell your candy for even numbers so you don’t have to be a cash register.
There are quite literally hundreds of clever ways to make money online. From taking online surveys, to renting or selling your old clothes, flipping your iPhone to someone in a different country, and even buying low-cost products locally, just to resell them for a higher price on Amazon. There’s truly no shortage of unique ways to make money online.