Category: Side Hustle

12- Aug2020
Posted By: abundanceaware
153 Views

Genuine ways to make money online

There are a lot of genuine ways to make money online if you have the right information.

It can be very overwhelming to get started making money online. Especially if the information you are reading is not broken down into a simple way to understand. It is very easy to get confused by lots of information available on the internet.

Before you start

Before I give you my list of genuine ways to make money online. Let me give you some important things you need to understand before you start any online money-making business.

 

Time

It is very important to know that any way you choose to make money online will take time. This is especially true if you are completely new to online business. Nothing will happen by magic. The time factor is the most important mindset shift required to make any online money-making venture work.

We are now living in a time in history whereby people expect things to happen very quickly. But the reality is that to get any tangible result, it will take time. It won’t happen overnight.

We often underestimate how long a project will take. Impatience now rules our mind and it is a bad thing. There is no such thing as making easy or free money online. A lot of time will need to be devoted.

When you see people that have made money online, if they are honest they will tell you it isn’t easy. They will tell you about the countless hours spent in developing a product or service before they were able to earn any money through their online business.

Education

I am sure you must be wondering why I am talking about education. I am not talking about a university degree. A college degree is not required to start an online business.

However, you need to educate yourself about any online business you choose for you to get any result.

Thanks to the internet, it is very easy to teach yourself a lot of things. There is a wealth of information on the internet about various subjects.

When you identify the type of online business you want to do, look for helpful information online. Then immerse yourself in learning.

As long as you have an internet connection, most of the information online is free.

Alternatively, you can pay for a course someone else put together. The coaching or mentoring option could also help you get results faster. Having a coach or mentor does not guarantee results without hard work, it only makes the journey easier for you.

I must say that you have to be careful not to fall into the hands of dubious people. It is easy to do this in an attempt to buy a course or seek a coach or mentor.

Consistency

If there is one thing that will help you to succeed, it is consistency in efforts.

Anyone who cannot put in consistent work will not make tangible money online. You have to stay engaged and avoid distractions.

If it was easy to make money online, everyone will be doing it. Many people start the journey, fail to be consistent and end up quitting.

Consistency means that you are committed to sustained effort in other to achieve your goal of making money online.

Something that has helped me personally in my online side hustle is scheduling. I use calendar blocking to schedule my work. This helps me know exactly what I need to do each day of the week to help move my business forward.

I consistently wake up early to get work done. Small consistent effort every day can help you to achieve a big result over a period of time.

Genuine online businesses

1. Sell physical products

One of the best ways to earn money online is to sell a physical product. The risk of starting a business selling physical product has been reduced to almost zero because of the internet. You can start making money online by selling physical products.

These are the best platforms where you can sell physical products

I have written a number of articles about how to start selling on Amazon. Check the list of my selling on Amazon articles below.

If you have an idea of a very niche unique product. You can set up your own Shopify eCommerce store where you can sell the products to customers.

The common rule is that your products need to solve specific problems. And it is important that the product is not easily available in usual brick and mortar shops on the high street.

By this, you have more chance of customers coming to buy it online.

One of the other ways to make money online is to start a dropshipping business. The good thing about dropshipping is that you are not going to hold any stock. Its simply selling other peoples products.

2. Sell digital products

Another genuine way to make money online is to sell digital products. There are a variety of digital products you can sell online.

The most obvious digital product is an ebook. There are other digital products that you can sell online.

You can create a template that someone might find useful and will be happy to pay you for it. On marketplaces like Etsy, you can upload a template you have created and make it available for sale.

The screenshot below is from Etsy which shows some budgeting planner template that are available for sale.

You can research on a subject you can create a template for and start making money online when people buy.

 

3. Sell courses

Making money online is not about clicking a few buttons and money starts rolling into your bank account.

If you have knowledge about a topic than the majority of people don’t know. There is a chance that someone will be ready to pay you for what you know.

On websites like Udemy, you can create educational videos on a subject you know a lot about. Is it easy to create a course? No, it is not, it takes hard work and time.

Your courses can also be hosted on websites like Thinkific or Teachable. The amazing thing about courses is that it will be available for people from all over the world which provide limitless opportunity to earn money.

If you can put in the work, you can create a course, make it available online and start earning money genuinely online.

 

4. Freelancing/ Virtual Assistant

The internet provides opportunities for ordinary everyday people who have niche knowledge. They can make themself available for people all over the world.

You can serve people all over the world with your knowledge. Platforms like People Per Hour, Fiverr and UpWork make it easy for you to offer valuable services to entrepreneurs and business people.

As a freelance or virtual assistant, people all over the world can seek your service and you can get paid.

I have paid people for various services like article editing, logo design, website error fixing. The list goes on and on. If you have any special skill, you can genuinely earn money for your skills online.

Final Thought

Making money online requires a lot of grinds and hard work. Anyone ready to learn and put in the work can genuinely earn money online.

I wrote a very detailed article on 101 Side Hustle Ideas. The list contains both online and offline side hustle ideas. If you are only interested in earning money online, just pick from some of the online related side hustles. The link is below

 

 

Categories:
05- Jul2020
Posted By: abundanceaware
340 Views

How to import from China and sell on Amazon

Importing from any country including China can be overwhelming. But actually, importing from China and sell on Amazon isn’t as difficult as you might think.

I have been importing from China and selling on Amazon for over 3 years as at the time of writing this article.

In this article, I am going to take you through my step by step process of importing from China and selling on Amazon.

Step 1: Find a product

This is the most important step for an obvious reason. Without a product you intend to sell, there is no point thinking about importation.

One of the most challenging parts of selling on Amazon is finding a product.

Your success on Amazon depends on finding a product that people want to buy. There is no point importing a product that people are not interested in.

To succeed on Amazon, you must do a proper market analysis and come up with a unique product that you will bring to the market place.

I wrote an article about how to find a product to sell on Amazon, perhaps you might be interested in reading it after this one.

Read More

Step 2: List the product for sale on Amazon

Listing a product is important for many reasons.

It will give you the assurance that you are allowed to sell the product on Amazon.

If you are new to selling on Amazon. They don’t trust you yet so they will not allow you to sell in all the categories. For example, if you are a new seller, you might not be allowed to list a product in the health and personal care category.

I know a lot of people who think they can just list any product for sale on Amazon. Before you go and contact a supplier, make sure you check that you will be able to sell the product.

Step 3: Validate your product idea

After listing the product for sale on Amazon, the next stage is to validate your idea.

There is nothing new under the sun. The chances are that the product you want to sell already exist on the shelf in a shop somewhere.

Obviously, you want to make yours different and unique. You don’t want to go and copy the exact product someone already have for sale on Amazon. However, you can use an existing similar product from retailers to validate your idea.

Part of my process of bringing a new product to Amazon marketplace is to test the product on Amazon.

I usually check on Amazon if customers are interested in buying the product.

I would buy between 5 to 10 units of the product from a retailer in a high street or online shop. List it for sale on Amazon. I would send the product to Amazon fulfilment centre.

I will then run an advert on Amazon. The advert will help to put the product in front of customers. After a few days, I would check how the advert is performing.

There is a chance that some of the product will be sold through the advert.

The advert report will show me, how many people on a daily basis were searching for that product on Amazon.

The report will also show me the exact keywords customers typed for searching for the product.

This stage is crucial and very important in making the decision to go further to find a supplier that will supply the product.

Stage 4: Find a supplier

This stage is very important in your process of importing from China.

There are various platforms you can use to investigate and choose a supplier to manufacture your product in China.

The platform that is by far better than all the rest is Alibaba. I have personally used Alibaba to find supplier since I began importing from China in 2017.

Some of the things that are very important to check when choosing suppliers on Alibaba are

1. Gold Supplier

This is also very important.

Suppliers with Gold supplier symbol are the ones Alibaba have verified and earned their trust.

In some cases, the supplier with Gold status has been doing business for a good number of years and have good integrity.

2. Alibaba Trade Assurance

Make sure a supplier you choose has Alibaba Trade Assurance.

The is like insurance against supplier not keeping to their promise.

If you pay a supplier and they fail to deliver the goods. You can report them to Alibaba and they will pay you the money back.

Make sure all your transactions go through the trade assurance especially when you are just starting off.

Stage 5: Sample for Quality Check

After finding a reputable supplier. You can now place an order for a sample.

Seeing photos on Alibaba is not good enough.

You need to ask them to send you a sample. In most case, they don’t charge for the sample. However, you will need to pay for the shipping cost.

The sample is an opportunity to check that the factory will be able to meet the standard of the quality you want.

You want a product that is of high quality so you will not be getting a complaint from customers.

If there are any changes you will like to make to the product, you can communicate with the supplier after you have seen and assess the sample.

Stage 6: Find a Freight Forwarder (Sea or Air)

Before you make payment for the initial deposit. It is important to ask questions about shipping. At this stage, you need to understand the shipping terms.

There are three major terms namely FOB, EXW and CIF.

The first two are the most common

FOB (Free on Board)

The supplier will be responsible for getting your goods to the seaport.

Your supplier will be responsible for transportation of the goods to the port of shipment and the cost of loading.

It worth mentioned that the FOB quote usually will be more than EXW quotes where you will be responsible for the local transportation cost to the port of shipment.

EXW (EX Work)

In this case, you will be the one responsible for the cost of transporting your goods from the supplier factory to the port of shipment. It’s basically opposite of FOB.

I usually prefer FOB term for my shipment.

Importing your goods from China to the UK through sea freight is far cheaper than air freight.

I remember vividly my first import from China was via air freight through a courier. It was very expensive and that leads me to ask my supplier the cheapest way to ship to the UK from China.

My supplier suggested to me to look for a freight forwarder who can help ship my products to the UK by sea.

While preparing for my next shipment, I found a company called Shippo through google search.

Shippo has been very helpful for my business since I found them. They simplify my shipping process and make it cheaper.

The three factors that determine the cost of your shipping are

  • size
  • volume (in cubic meters (CBM)
  • and weight (KG), of your shipment.

Obviously shipping by air from China through courier like UPS, DHL and FedEx can be quicker. However, you will be saving a lot of money by shipping through sea freight specialist like Shippo.

For people who are just new to selling on Amazon and their product is lightweight. You might consider air freight.

If you want to use the traditional courier, in most cases your supplier will help deal with them in China to get a quote for you.

For sea freight, it is better to find freight forwarder in the UK.

Sea shipping is not right for every product. The general rule of thumb is that if your goods are too small or you need it urgently, the sea shipping will not be right, so consider air freight.

Door to Door Delivery

I must not forget to mention this one.

Door to Door Delivery means that your supplier will help you appoint a freight forwarding company.

Every task involved with shipping will be handled by the appointed freight forwarder.

With Door to Door Delivery, you won’t need to worry about taking the product from warehouse or factory to port or airport.

As well, your supplier in conjunction with the freight forwarder or the courier will take care of all the paperwork and taxes. 

The product will arrive at your door or your chosen location.

Stage 7: Bulk Order

After you have received the sample, satisfy with the quality and agreed on price and shipping term. You can now proceed to place a bulk order.

Obviously you need to ask for a formal quote in writing. This will usually be sent to you via email.

Don’t be scared to haggle. Quality is very important to you so don’t ask for too much discount which will make the supplier compromise on the quality of the sample you’ve seen.

You can get a few cent or pence off the price they quoted you and that can save you a bit of money.

You will usually be required to make payment for the initial deposit which in most cases is 30% of the total cost.

For example, if your product will cost £2,000, you will be required to make a payment of £600 as an initial deposit.

Stage 8: Inspection

There are companies in China that you can appoint to help inspect your products before leaving the factory.

There have been stories of supplier compromising on quality. That is the reason why there are inspection companies in China.

They that can help check that your goods have been produced to the standard you agreed with the supplier.

Personally, I haven’t used any of the inspection companies so am unable to recommend one.

My suppliers have never disappointed me in terms of the quality of the products. For this reason, I have not had any need to use inspection companies for quality check.

Perhaps, it is better to be safe than sorry. If you have a large order, you might consider inspection company service.

Stage 9: Import your goods

Once you have placed bulk order and chosen a freight forwarder or courier. The sea freight forwarder or a courier will deal with your supplier to handle the process of importing your goods.

They will be responsible for importing your goods to the UK.

In my case, I use Shippo for my sea freight and they are efficient and effective.

The freight forwarder will give you the estimated date they expect your goods to arrive in the UK. Sometime the date might change. In that case, they will communicate with you.

Shippo which I use does have tracking on their website that I can use to track the shipment.

Stage 10: Goods Arrival, Custom Duty and Value Added Tax (VAT)

When the goods arrive in the UK, you will get notified by the forwarder.

You then are asked to make payment for the cost of shipping, customs duty, and VAT. All of these will be in one single invoice. The freight forwarder is collecting the Duty and VAT on behalf of HMRC from you.

Because you are importing from China which is outside the EU area, you will need to pay VAT on your goods.

It makes a lot of sense to calculate the Duty and VAT before your goods arrive so you can be well prepared.

Duty is basically calculated using a percentage of your product tariff code. The tariff code depends on the type of product.

Tariff codes are mostly between 2% and 5%, it could be higher but you can check the tariff classification on the UK Government website.

As at the time of writing this post, VAT is standard 20%.

VAT on Taxable Import = 20% of (goods cost) + (UK Duty) + (Insurance & Shipping).

For example, if the cost of your goods is £3,000 with 3% on the tariff code and the shipping cost is £300.

Your duty will be 3% of £3,000 which should be £90.

VAT will be 20% of £3,000 (Cost to buy your goods) + £90 (UK Duty) + £300 (Shipping Cost & Insurance).

Your VAT should be £678.

Your Duty + VAT will be around £779

If your business is VAT registered, you will be able to reclaim the VAT back from HMRC.

For most people who are just starting Amazon business, you won’t be able to collect the VAT back. However, you will not be paying VAT to HMRC on each item sold like a business that is VAT registered.

Usually, HMRC will send you a C79 certificate to prove you’ve paid import VAT which you can claim back.

My freight forwarder Shippo has a calculator on their website which you can use.

Stage 11: Send to a fulfilment warehouse

If your aim of importing from China to the UK is to sell on Amazon. You can ask your freight forwarder or courier to send the goods to Amazon fulfilment centre as soon as the goods are cleared from custom.

Usually, you would have created carton and pallet labels from Amazon Seller Account which should be stick on the cartons and pallets if your goods come in pallets.

If you want to merchant fulfil your products, you can ask for the goods to be sent to your chosen address.

I created a YouTube video on how to import from China and sell on Amazon.

You can watch the video below.

YouTube video
Categories:
20- Jun2020
Posted By: abundanceaware
316 Views

How to build a brand on Amazon

For anyone interested in the business of selling physical products online. How to build a brand on Amazon should be the first question to ask.

There is no doubt that you can build your brand of physical products on your own website.

However, it will take a lot of work to set up the website to make it e-commerce ready.

Even after setting up the website. You will have to do a very good job of promoting or marketing your product.

Why start with Amazon?

Amazon has customers ready to buy.

Amazon Prime (Buyers) and Amazon FBA (Sellers) in my opinion is what set Amazon apart from other marketplaces.

Amazon Prime

Amazon has raving fans who are part of their Prime membership.

This huge database of customers on Amazon has had their credit or debit card details ready to buy products on Amazon.

Amazon customers love them because Amazon is customer-centric.

By building your brand on Amazon. You will be benefiting from the trust Amazon has earned from its customers.

Amazon Fulfilment by Amazon (FBA)

Obviously, there are now a lot of eCommerce ready websites like Shopify.

What set amazon apart from eBay, Etsy, Shopify and other platforms is their FBA program.

Amazon allows sellers to keep their products in their warehouse.

When customers buy, Amazon will pick, pack and ship the products to customers.

This is great leverage and it saves a lot of brand owners time.

How to build a brand

  1. Find a product

This is the most challenging bit. You must find a winning product if you do not already have one.

Without having a product there is no point building a brand.

Selling on Amazon is very competitive so you will need a unique product which you can use to start your brand.

One of the keys to success on Amazon is to have a high-quality product. Without a quality product, your brand will not succeed on Amazon.

I wrote an article about how to find a product to sell on Amazon. If you do not already have a product in mind, I will recommend you read the article after you finish with this one.

Read more

  1. Restrictions

Amazon will not allow you to sell every product if you are new on their platform.

Check that you are allowed to sell the product you want to build a brand on before placing order.

There are procedures to follow to lift some of the restrictions.

You don’t want to order a product before you find out you are not allowed to sell it on Amazon.

It makes a lot of sense to first create a selling account on Amazon. By creating an account, you will be able to follow the process of getting approved to sell in the category your product belong if it is a restricted category.

 

  1. Test your product or idea

Test the product before bulk order from a supplier.

This is very important for people that do not already have a product they want to build brand around.

Sadly, a lot of people jump this stage and usually fail. The risk of starting a business has been reduced to almost zero because of the internet.

It is important to test the product. It’s actually very simple to test. All you need to do is to buy a similar product to what you want to sell from retailers.

Send it to Amazon fulfilment centre. Run advert for a few days and see if people are interested in the product.

You will be able to know the price customer is willing to pay, how much interest there is in that type of product.

You only need between 5 and 10 units to do the testing.

This is the exact process I follow to launch products on Amazon.

  1. Brand Name

Come up with a good brand name. I have two brands, I use one in homes and kitchen category. The other one I use in health and personal care category.

If you are confident about dominating a particular niche of product. There is nothing wrong with having a brand name that has the name of the niche in it.

For example, if you want to build a brand around men’s grooming kit. You could have something like ‘Groom Man’ or ‘Beardly’. These are just example, you have to research and brainstorm your brand name.

My favourite format of a brand name is a brand name that is generic. Think about ‘Apple’ or ‘Amazon’. These are brand names that do not reflect the types of products they sell.

I think a generic name is better because you can use it for any type of product. However, it is isn’t a bad thing to be specific.

Anyway, I am not a brand expert so I won’t be able to say much about the brand name.

Whatever brand name you choose, you need to check online that someone is not already using it.

  1. Trademark

It is important to trademark the brand name.

There are many reasons for this. The main one is that Amazon will not allow you to register your brand on their platform without a trademark number.

As well, they will require your product to have the brand name on it.

Before you apply for a trademark of your brand name. You need to first check that no one has already trademarked the name.

You can check on the government trademark register by clicking here.

After you have checked and the name is available. You can then proceed to apply for the trademark.

  1. Find a supplier

Alibaba is the major market place where people find suppliers who will manufacture your product.

However, you can also find a manufacturer in your home country. There are manufacturers in every country. It just depends on the type of products you are branding.

There are products that have some regulations to them which you need to pay attention to. Examples are kids toys, health and personal care, beauty.

Basically, any product that people will consumer through the mouth or put on their skin. You need to make sure all the regulations are considered.

This is the reason why grocery, nutrition, supplement and beauty products are better manufactured in your home country.

The chances are that reputable manufacturer in your home country is likely to have all the certifications required to manufacture the product.

 

  1. Use Amazon FBA program

Even your orders from other marketplaces like eBay, Shopify etc can be fulfilled by Amazon.

Fulfilment by Amazon program is a great opportunity to safe time and energy.

I have been using Amazon FBA to fulfil my orders since I started selling on Amazon.

Not having to worry about contacting courier or going to post office to fulfil orders is very important to me.

And you will be able to spend your time on promoting and expanding your brand. I will highly recommend you leverage Amazon FBA.

 

  1. High-quality images

We all know about the phrase ‘picture speaks a thousand words.

This phrase is really true in eCommerce.

It’s not compulsory to use a professional camera to capture the images of your product. You can use your mobile phone camera.

However, if you are thinking about a proper brand, it worth budgeting for a product photographer to come up with quality photos including lifestyle images.

Amazon also has a service for photos.

I once used them, their images were really good. However, it didn’t include lifestyle images.

 

  1. Optimised listing

Amazon is also a search engine.

For people to find your product, it must be fully optimised with the right keywords.

Just the way bloggers learn Search Engine Optimisation (SEO). You need to also learn how Amazon search engine works.

The basic of it is that the keywords you want to rank for need to be in your title.

The order of importance are title, bullet points and product description.

Example of product title can be seen in the image below. The product is ‘garlic press’.

You will notice they do not only have garlic press in the title, but they also have ‘garlic crusher’.

 

This tells you that you need to consider other words customers might be using top search for your product.

You could also have your brand name in the title. As your brand begins to grow, some customers might be using your brand name to search for your product.

Amazon listing template provides you with 5 bullet points where you can describe the product.

The bullet points are also an opportunity to include more keywords. I must say that you need to be clever with this so you don’t want to have keywords that make the writing read terribly.

In fact, the bullets points provide you with the opportunity to describe the problem the product solves.

Finally, there is the product description part, which you can use to describe the product in great detail.

With Amazon brand registry approval, you will have access to Amazon Enhanced Brand Content (EBC).

This is only available to brand owners. You can write a story about your brand.

  1. Review

The review is important. It’s social proof.

When a customer sees a review someone else wrote on your product. They are likely to buy than if there is no review or a bad review.

If a product is of high quality, customers will leave reviews.

I don’t think its wrong to ask family and friends to review your product if you are confident it’s a good product.

Alternatively, Amazon has reviewer service, which you can pay for. The downside is that they are not going to guarantee the reviews to be five stars.

My experience of using their service wasn’t bad. 5 reviews from their reviewer, four of them 5 stars and the other one, 4 star.

If your product is good, there is no need to be scared of using Amazon reviewer service.

 

  1. Market your product

You can drive traffic from your audience or other influencer audience to your Amazon product on Amazon website.

Alternatively, you can use Amazon PPC which can be expensive if you are in a very competitive niche. I have spent a lot of money on Amazon PPC.

As a brand owner, you are in business. It is important to budget for advertisement.

When you launch the product initially, the cost of advertising can be high.

One they product start to do well, the cost of advertising will reduce.

Advertising is a fundamental part of brand building on Amazon marketplace.

  1. Master keywords

One of the benefits of Amazon PPC is that its the only way to know the keywords customers are using to search for products.

You can then include these keywords in your product description. You might be wrong if you assume the keywords customers use.

 

  1. Brand Analytics

If your brand is registered on Amazon, they will allow you to have access to they Brand Analytics.

Brand Analytics is a very useful report to see keywords and products that are popular on Amazon.

As a brand owner on Amazon, I have access to Amazon Brand Analytics and its been very useful for my business.

 

  1. Aim for page one

If your product is not on page 1 on most of the keywords you want to rank for, you will struggle to sell.

Marketing, listing optimisation and review are the key ingredients you need to get your product to page one of the keywords you want your product to rank for.

Majority of the customers do not go beyond pay one when they are buying a product on Amazon.

This is the reason why you want your products to come up high in the search.

Final Thought

Amazon is a great marketplace for building a brand.

Selling on Amazon is becoming more and more competitive. However, the number of people who are shopping online is increasing year on year.

Shopping online is still at its infancy so they best time to build your brand is now if you are interested in eCommerce.

When you have a successful brand on Amazon. You should consider selling your product in other marketplaces like Etsy and eBay.

You could also try your own website or a Shopify store.

Taking note of all the points I listed above, there is nothing stopping you in succeeding on Amazon.

Categories:

How to find product to sell on Amazon

How to find products to sell on Amazon is one of the most common questions new sellers ask.

Not only new sellers ask this question. There are also people who already sell on Amazon who also struggle with finding profitable products to sell on Amazon.

I have been selling physical products on Amazon since the summer of 2017. I thought I should address the issue of the difficulties of sourcing for products in this post.

The business model you adopt will determine your product sourcing method.

There are various models anyone who wants to sell on Amazon or eBay can adopt. You can either do all the business model or do some of them.

Retail Arbitrage

This is when you walk into a retail shop like Tesco or Asda in the UK and buy a product which you can resell on Amazon or eBay.

In this case, you want a product that sells for more money on Amazon than they sell for in the shop.

For example, assuming a particular toy in the shop sells for £8. Let’s say the same product is been sold for £32 on Amazon.

If you buy such product and sell on Amazon or eBay, you should earn a healthy profit after fees are deducted from your sales price.

How to find products through Retail Arbitrage

Discounted and Clearance Products

Finding products through retail arbitrage is one of the simple ways to find products to sell on Amazon or eBay.

After registering to become a seller on Amazon. You will have access to download Amazon Seller App.

You can literally walk into any retail shop and use your Amazon Seller app to scan any product.

When you scan the barcode, you will be able to see these three important things

1) if the product has already been listed on Amazon

2) the price the product is selling for on Amazon

3) Best Seller Rank (BSR) of the product.

The image below shows the important information you will come across when you scan a product with your Amazon Seller App. 

The BSR is what helps you to know how quickly you will be able to sell the product when you list it for sale on Amazon.

And there are also features on Amazon seller app that will help you calculate profit. This will help you to make an informed decision about whether to buy the product to resell or not

Products not on discount

One of the mistakes I have seen a lot of new sellers makes is this. They go for retail arbitrage sourcing and they are only looking for products in the clearance section of the shop.

Actually, I have been able to find products that are not on sale or clearance which I currently sell on Amazon.

The main logic of retail arbitrage is that you are looking for products that you will buy for less than it is been sold for on Amazon.

It doesn’t mean that you can only find the product in the clearance section of a store.

You can deliberately go to any section and scan as many products as possible.

Other Tip

One of the good hacks I have used is searching for a product on amazon seller app instead of scanning.

Using this method will help you find some listings that are hidden to a lot of sellers on Amazon.

Online Arbitrage

This is very similar to retail arbitrage. The only difference is that the exact process in retail arbitrage is done online. Instead of going out to the brick and mortar shop, you go on the retailer websites online and search for deals on their website.

How to find products through Online Arbitrage

Product research tools/ software

What has worked for me in finding products through online arbitrage is the leveraging software.

Sign up for any sourcing software you can find.

 

Your initial strategy should be to take advantage of the trial periods of the sourcing software.

Sign up for one trial at a time.

The thing is this, when you find a product on sourcing software, it will lead you to rabbit holes of product discovery.

After you get the ball rolling you can decide to cancel subscriptions. I know software is expensive. However, they will help you to scale.

Sourcing software and deal sheets will also give you the foundation of product discovery.

I have to admit that personally, I don’t sign up for any software permanently, I am usually in and out of them.

I only have a permanent subscription to only two software. One is a sourcing software which helps me in a great deal with scanning wholesale list and it is called FBA Wizard

The other software I use regularly is Zoho which I use for my accounting.

If you are having difficulty in finding DEALS, sign up to a trial of one of the software, when the trial ends, sign up to another one. There is no way you won’t find at least one deal.

These are the sourcing software I in the arbitrage world which I have used.

✔️ FBA Wizard – product finding software
✔️ Tactical Arbitrage – product finding software
✔️ Source Mogul – product finding software
✔️ FastTRACK FBA – selected product list
✔️ Online Arbitrage Deals – selected product list

Manual Sourcing

Sourcing for a product through the manual method is a very unique way to find products to sell on Amazon.

This method offers a lot of advantages which makes it so worth it.

One of the disadvantages of using tools and software is that a lot of people also use them. This means many people will be finding the same products using the software. If a lot of sellers are finding the same product. This can make competition to be very high when selling those products on Amazon.

With manual sourcing method, you can reduce competition.

Manual sourcing is as simple as searching for deals on retailers websites or just by searching on google.

Go direct to a retailer online shop

For example, if you can go to the clearance section of Argos website. You can easily browse to find deals.

You simply copy the product description of a product and paste it on Amazon. You will easily see how much the product is been sold on Argos and how much it is selling for on Amazon.

You can then use Amazon profit calculator to check if the product will be profitable or not.

The downside of manual sourcing is that it takes a lot of time and you can be there for a lot of hours trying to find deals.

Internet Search Engine (Google, Bing, Yahoo)

You can use specific keywords to search for deals on google. These are keywords that will target a specific product, brand or a specific store.

These are examples

-Tesco 3 for 2 (retailer example)

-Boots 3 for 2 (retailer example)

-Argos 3 for 2 (retailer example)

-Playmobil discounted (brand example)

-Blender deals (product example)

You can do this in a number of ways. The longer you do it the better you are at devising your own way and method to find deals online.

You should not limit yourself to only Google. You can also try other search engines like Bing.

Wholesale and Distributors

A lot of brands and manufacturer usually have distributors or wholesalers across the country who are between them and the retailers.

These distributors will get the products from the manufacturer.

Retailers will then buy from wholesalers or distributors. If you sell online, you are a retailer.

You can buy products from a lot of wholesalers or distributors and sell them on Amazon or eBay.

A lot of wholesalers or distributors will not sell to you if you are not a business. Majority of wholesalers and distributors only want to sell to a business. They often call it Business to Business (B2B).

If you are serious about selling online, it makes sense to register a company. It is not difficult to register a company. If you make a start and it looks like something you really want to do, you can find out information about how to register a company.

Most wholesalers will only allow you to register with them to buy products from them if you have a registered company.

It is not compulsory for your business to be VAT register before you can source from a wholesaler.

But having a company that is VAT register also gives another level of credibility to your business which makes some wholesaler to want to listen to you.

How to find a wholesaler

Finding a wholesaler is one of the challenges people who want to start selling online face.

It took me a very long time to figure this out.

The mistakes most people face is that they are not using the right tactics when finding wholesalers.

Use Internet Search Engine like Google

This might not be the best way to find a wholesaler. But, it is still one of the good ways to find a wholesaler.

Most information we want is online. However, we do not get the right results most of the time because we are not searching the right way or not using the right keywords to search.

For example, if I am looking for a wholesaler, it will not make sense for me to type just the word ‘wholesale’ or ‘wholesaler’ on google.

The word wholesale is too broad and will not likely give me the right result.

What you could do instead is to add a category of product to the word wholesale like one of the below

‘home decor wholesale’

‘home decor wholesaler’

‘wholesale home decor’

‘home decor distributors’

‘home decor suppliers’

‘home decor + wholesale’

You can really be creative and use a lot of different variations and combinations of keywords to search on google. The chances are, all of the above and some other method you adopt will come up with different results on google.

Going further to be a bit more specific might help you to find a wholesaler. You might consider searching for wholesaler or distributor for a specific type of product or a particular brand.

Instead of randomly looking for any wholesaler. You could go on google and look for wholesaler for some specific type of products.

For example, if in my product research, I find out that candle sells very well online. I can try and find a wholesaler or distributor for a candle. My search criteria on google might look like this.

‘candles wholesaler’

‘candles distributor’

‘candles supplier’

‘candles  + wholesaler’

‘candles  + distributor’

‘candles  + supplier’

And you can even be a lot more specific to search for wholesaler or distributor of a specific brand. So in the example above, instead of just candles, you can put the name of a brand. Yankee Candle is a very big brand name in candle selling. You might have a search like this

‘Yankee candles wholesaler’

‘Yankee candles distributor’

You can just be clever and creative with your search keywords and hopefully, you might be able to find wholesalers. I have been able to find a lot of wholesalers using these methods.

One very good tip is that, don’t stop on page one or page two when searching on google.

Another tip is to explore other search engines. Google is by far the largest search engine but we often forget there are other search engines like Microsoft Bing. You might want to also do some searches on Bing.

If you are searching for a particular product or brand which are likely to have a distributor or wholesaler outside your country. You might want to change your location on a search engine.

For example, if I am looking for a distributor for a brand and I know the home of that brand is Germany. I would try some searches with Germany as my location on google. In your browser settings on google, you can restrict Google to let the result of your searches come from only a particular country you choose.

Tradeshow

We all automatically assume that we can find every information we want online. As great as the internet is, not all information is online.

You will be surprised there are a lot of wholesaler and distributors who still do not have a website. And some of them who have a website do not know about Google Search Engine Optimisation (SEO). So, their websites will not easily be found on google.

In fact, the best way to find wholesalers is through the Tradeshows. There are Tradeshows for various industries.

You can find Tradeshows for beauty and cosmetics, trade shows for homes and gardens. And there are Tradeshows that cover a wide variety of sectors.

Even in this age of the internet, speaking to real people and building relationships is a great way to do business.

When you attend Tradeshows you will be able to speak to businesses in person and you might be able to find a wholesaler for a lot of very niche products.

One of the big Tradeshows in the UK is the one that usually takes place in the Spring at the NEC in Birmingham.

It’s great to attend Tradeshow in person if you can make up the time. But you don’t have to attend to have access to the lists of companies that will be at the Tradeshow.

If you register for the Tradeshow online. They will send you a brochure or leaflet which will have lists of companies that will attend the show, you can then visit the websites of those companies and see if you can register with them to source products from them.

Advertisements

Pay attention to advertisements you see around when you are out and about. There are wholesalers or distributors who have their own delivery networks. Some of them have a lot of trucks and lorries which they use to move goods around.

It is very easy to spot the names of distributor or wholesaler on a vehicle when you are outside home.

I am not saying you should stand by the motorway and looking for a lorry with a distributor name on them. I am just saying you should be observant, you will never know, you might find a wholesaler by consciously paying attention to delivery lorries and vans.

I have managed to find a wholesaler through this method.

There are also magazines which are specifically for a particular industry or sector. Inside some magazines, if you look very well, some distributor does advertise in trade magazines.

Private Label

It is now easier than ever to build a brand in a low-risk way.

Anyone can create their own eCommerce website and sell a product they create on that website. The usual problem is getting customers to your own website for them to buy your products.

One of the easiest ways to find customers that will buy your product is to use established marketplaces like Amazon and eBay. These platforms have been existing for a long time.

they have build trust with customers. In fact, customers already have their payment details registered on Amazon for convenience click and buy.

Starting your brand on Amazon might be a low-risk way to gain traction.

How to find a product to private label

Product Research Tool

It can be very challenging brainstorming ideas for products to private label.

Softwares are now used in various areas of our life.

One of the benefits software and tools offer is that they help reduce the time we spend on tasks.

They help to simplify our life. As well, they help remove the guesswork from our decision-making process and help us make an informed and data-driven decision.

You can set a lot of criteria in tools and they will search amazon product catalogue and brings you results based on the criteria you set.

From the result, you get you will then be able to filter and select potential products you can private label.

There is a lot of software I have used which have been very helpful.

Out of the three listed above. Jungle Scout is the one I have personally used which has helped me to find products to sell on Amazon.

They are the first product research tool for finding profitable products to sell on Amazon.

If you are interested in using Jungle Scout to find a product to private label. Please click on the link to go to Jungle Scout website

Amazon Best Sellers List

If you have a lot of time in your hands, you can go through the list of Amazon Best Sellers products.

Amazon regularly creates lists of products that sell very fast on its platform. Looking at this list will give you an idea of the types of products that sell well.

Selling on Amazon is now very competitive. One of the ways to beat the competition is to differentiate your own product.

While it might be useful to use Amazon best sellers list to get an idea of a product that sells well.

What will not be good is to exactly copy a product on the bestseller list.

What might be useful to do is to check the existing products customer product reviews and feedbacks. If there are some particular problems that are mentioned in the customer’s feedback.

You can try and address those problems in your own product when you approach a manufacturer that will produce the product.

When using Amazon bestseller list. It could be useful to go deep down in the subcategories.

There will be a lot of people looking at the same best sellers list. A lot of people are lazy in their product research and they only stay at the surface, they don’t go deep.

If you are able to go deep, you will be able to find what others are not finding.

Passion and Hobby

If you are passionate about something, there is a good chance there will be a lot of other people in your country or the world who are also passionate about that same thing.

Let’s say you like fishing. There will be a lot of people out there who love fishing.

You can brainstorm ideas of products that people who are involved with fishing cannot do without. There will be a lot of products which people who have fishing as their hobby requires.

Get a pen and paper and start writing. Create some list and check those products on your list for demands on Amazon.

One word of caution about this method of finding a product is this. If there is no demand for the product list you have, there is no point in wasting your time creating the product.

A big factor in success in eCommerce is that whatever you are selling you must check that it is a product customers are looking for.

Do not be emotional about any product.

Don’t choose a product because you like it and get attached to it emotionally. Because you like it does not mean customers will pay for it.

Brainstorm Idea from your house

You will not believe there are a lot of product ideas in your house.

There was an exercise I did last year which helped me to find a product.

I asked my kids to get a pen and paper. I asked them to go everywhere in the house and write down everything they could see.

You can do this exercise also. Go into every room and write as many things as you can see.

Go to the kitchen, check the cupboards. Check your bathrooms, your bedrooms.

You are likely to come up with a lot of products which will fall in different categories.

You can then filter down trim the list down. The next stage will be to check your final lists of products idea on Amazon for demands.

Example of products you can come up with which might lead you to another product are

-Bedroom: table lamp, lunch box

-Bathroom: hand cream, vanity mirror, kids bathroom toys

-Kitchen: herbs, coffee, food storage container

-Living room: coffee table, photo frame, cushion cover

The above are just examples and I am not saying you should private label or not to private label these products.

If you can have some creative thinking, there are a lot of products you can private label.

Opportunities are limitless.

Curiosity

My final point here is all about curiosity.

Intentionally watch out for product ideas when you see an advert on TV or in a magazine. Just be conscious of your environment and problems that need to be solved.

There are problems all around us which the solution is a product someone will produce. You might be the one to improve already existing products.

Final thought

Finding a product to sell on Amazon requires a lot of work and it is a continuous process.

For anyone who has a business selling on Amazon, you can not stop finding products.

One of the reasons why you can not stop is that there is competition. There are a lot of other sellers who are working hard on new products.

As well, once you stop researching for products, your business will not be making progress.

All the various methods outlined above for finding products are methods I have personally used.

There are are a lot of other methods which you will come across. You just need to do things differently sometime and device your own method.

Categories:

Side Hustle Business Ideas – 101 Side Hustles Ideas

What are the most profitable side hustles you ask? 

Before going further to explore side hustle business ideas. Let’s look at the reasons why it is important for everyone to have a business on the side. 

Prices of things keep going higher and higher and it becomes very easy for your expenses to outweigh your income.

This is the reason why a lot of people ask, what are the most profitable side hustles?

According to the research by Henley Business School, 1 in 4 Brits are running at least one business project alongside their full-time job, and this is predicted to rise significantly by 2030

The world is becoming more and more demanding. This is why a lot of people will be looking towards a side hustle in 2020.

Side hustles are not necessarily a get rich quick scheme but a means to balance your earnings and help you live a more financially healthy life.

This is why I have packaged 101 side hustle ideas just for you in 2020. You are spoilt for choice really.

Sell online

1. Handcrafts

Gifting a handmade card or accessory to our loved ones will always be special when compared to getting artificial ones.

You can actually earn good money by doing handcrafts and selling them. You can easily sell on Etsy or Amazon Handmade.

2. Become a Hosting Reseller

A lot of hosting companies have reseller programs where you can get their hosting plans at a cheap price and sell for more.

This will be a good side hustle to start if you are knowledgeable about this.

3. Sell books

If you have lots of books which you don’t need anymore, then you can actually sell or rent them to people and make money.

The best platform to leverage for selling books online is Amazon.

Obviously there are a lot of other platforms like eBay and others. However, most of the other marketplace do not have the amount of traffics Amazon have.

I wrote a very detailed article on how to start selling books on Amazon. I will recommend you read that article if you are interested in selling books online.

4. Sell used clothes

Rather than discarding clothes you no longer wear or giving them out, if it’s in good condition, you can actually sell them instead.

You can sell used clothes on sites like Vinted and eBay. You can also sell used cloths on Facebook Marketplace.

If you look well, you can source good used clothes from charity shops, car boot sales and church sales. make sure you choose the ones in good condition and you can resell the cloths.

5. Sell items on eBay

You can sell items on eBay and earn money from them. Selling on eBay can help you earn additional income.

6. Sell items on Amazon

For over two years selling physical products on Amazon has been one of my side hustles.

You can earn good money selling on Amazon. Its very simple to do but it is not easy. It requires commitment, perseverance and consistency. You can register to become a seller on Amazon.

I wrote an article on how selling on Amazon works. Click here to read the article.

7. Sell electronics

Do you have electronic gadgets you aren’t using at the moment?

Then you can make money by selling them online. You can sell your electronics on sites like gazelle.

8. Sell Art

Make some beautiful paintings and sell them on sites like ArtPlode, Amazon and ArtFinder.

There are lots of art lovers out there and you can make quite a good amount from this.

9. Sell on Etsy

Maybe you have some knowledge about handcrafts.

Etsy is a platform where you can easily showcase and sell goods like this.

Some of the best selling goods on Etsy are home décor, candles, jewellery, knit hats, and more.

10. Sell Online Workshops/Courses

Sometimes, we overlook our existing skills when looking for a side hustle. You can turn your knowledge in your field or other valuable areas into a side hustle by teaching others. You can easily sell online courses or workshops.

11. Sell Ad Space On Your Car

This is a very convenient side hustle for you in 2020.

If you live in a populated area or a big city and spend time driving, you can sell advertisement space on your vehicle.

Site like CarQuids in the UK will help you get clients. In the US there are agencies like Wrapify, Carvertise.

12. Start Dropshipping

You can become a dropshipper.

As a dropshipper, you are into the buying and selling trade except you do not take inventory and neither do you handle the shipping of your products.

You can find companies that allow dropshipping. You can list products on Amazon and eBay.

When customers purchase, you can then buy the products from your dropshipping companies and ship them to the customers. 

13. Start an E-commerce Business

You can choose to start an e-commerce store as a side hustle.

All you need to do is figure out the product you want to sell. Platforms like Amazon, Facebook Marketplace, Shopify and WooCommerce are making starting an e-commerce business easy.

14. Refurbish and Resell Used Furniture

With a little bit of carpentry knowledge, you can start a reselling and refurbishing business.

All you need to do is purchase used furniture from thrift stores and improve the condition.

It is also possible to get gently used furniture as well. These ones don’t need refurbishing and you can resell immediately.

15. Sell Unwanted Products on Facebook Marketplace

A lot of people still believe Facebook is limited to just meeting people and catching up on old times.

But Facebook is now so much more. I have been able to sell a lot of products on Facebook.

One of the benefits of selling on Facebook is that you are not going to pay any fees on the sales you make.

Consulting, Administrative, Bookkeeping

16. Work as freelancer

There are lots of freelancing sites available out there. You should join one if you have a digital skill you feel you can leverage on. This helps you to earn while working from any place and time.

17. Work as data entry

If you are good at typing, then you can work as a data entry. This will let you earn money based on the work which you can do. 

18. Prepare Tax Returns

Do you know a thing or two about filing taxes? You can leverage this skill during the tax filing season. Companies even hire extra tax prep so they can keep up with demands.

19. Book narrator

There are a lot of people who love narrating books. You can visit sites like Amazon ACX to narrate a book, upload it and earn money.

 

20. Proofreader

Do you have a good understanding of English and its usage? And you enjoy reading? You can become a proofreader and make some handy cash. Visit online sites like Fiverr and freelance as a proofreader and make money out of it.

21. Post ads

By posting ads online you can earn a pretty good amount in your pocket. Use sites like craigslist and earn easy money. You can also become a social media ad manager by posting ads for people.

22. Consulting service

Are you knowledgeable and experienced in a particular field? You can leverage on your knowledge by becoming a consultant in that field.

23. Resume writing

Do you have sound knowledge in resume/CV writing? Then you can use this skill of yours to earn money by editing and writing resumes. You are at an advantage here if your regular job is an HR or hiring manager.

24. Virtual assistant

If you are someone who loves managing teams and projects then you can be a virtual assistant for startups. This can actually help make your dream about managing come true without any degree. You can use websites like Upwork, People Per Hour and Fiverr to advertise your service.

25. Interview transcribing

There are a lot of online sites like Sterling and Transcribe Anywhere which requires transcribers. You can take up the work and be a transcriber in your free time. This helps you to make good money while working from anywhere with flexible times.

Household Help Side Hustles

26. Laundry Business

There are areas that are far from laundry centres and it’s rare to see in-home washer and dryers. You can start a laundry service as a side hustle in such areas.

27. Pack and Pick Up People’s Trash

While it’s not a very glamorous side hustle, you can get paid to keep the environment clean and trash free.

28. Assemble Amazon Furniture

It would surprise you how lazy people get when it comes to reading a user manual and putting furniture together. You can get paid for helping people assemble their furniture.

29. Mow lawns

This is an activity most people carry out themselves but you’d be surprised that some people would rather not do it. You can simply advertise yourself by printing out fliers and dropping in people’s mailboxes.

30. Work as a handyman

Lend your time to people by helping them with minor tasks. A handyman’s job isn’t limited and there will always be things for you to do. This can make you extra money.

31. Help your peers

Help your friends in assignments and charge money from them. This lets you add handy cash in your pocket.

32. Alteration stand

If you are very good at sewing then you can earn money by stitching dresses and altering dresses too.

33. Become an Event Planner

Event planners are always in demand. You can start planning weddings, corporate functions, family get-togethers, birthday parties and the likes.

34. Gardener

If you are a nature lover, being a gardener would be a perfect side hustle for you as you will enjoy it and still make money.

35. Start a House Painting Business

This is a good side business for you if you have an eye for quality paint and colour. You can start out on your own at first then you can hire more hands as your business grows.

Rental Out Your Space

36. Rent your house

Sharing an empty room or space in your house would be a great way to earn money.

You get to make new friends, meet new people and earn money at the same time. Airbnb has grown in popularity and more trustworthy in recent time.

You can rent out your room or house through Airbnb. If you don’t mind having a lodger, you can rent your room for a long term or temporarily.

37. Rent out Your Storage Space

You’d be surprised by how many people are looking for a room or garage as small as your storage space. You can rent out your garage or parking space through websites like StashBee.

Health and Fitness Side Hustles

38. Become a Personal Trainer

If you are fit and like working out, you can leverage this hobby by becoming a personal trainer. You can choose to charge daily, hourly, or monthly.

39. Exercise classes

For bodybuilders and fitness lovers, you can actually earn money by teaching people yoga and exercises. This helps you make extra money while continuing your daily routine.

Writing Side Hustles

40. Review writer

Write reviews for apps and movies and you can earn handsome money. Sites like Amazon Vine, Capterra, G2 Crowd, Kirkus Reviews and online book clubs can help you.

41. Become an Author

If you love writing short stories, and also books then you can write an eBook and earn very good money by selling it. You can even sell your services by writing for people.

Coaching and Guidance

42. Become a Life Coach

Humans are generally more experienced than one another irrespective of what age bracket they fall in. You shouldn’t look past your experience when trying to find a side hustle in 2020.

You can leverage on your real-life experiences by becoming a life coach and helping clients in need of support and guidance.

 

Design, Creative and Decoration Side Hustle

43. Sell Digital Designs

If you can get creative and are comfortable designing, you can make money from selling digital designs on sites like Etsy. Some digital designs you can sell are resume designs, holiday card templates, postcard templates or printable art.

44. Become a photographer

You can actually be a paid photographer for social functions or parties which will help you earn money and also help follow your passion.

45. Freelance as a Graphics Designer

A graphics designer is always in demand and is a credible side hustle. You can either enlist as a freelancer on sites like Upwork and Fiverr or build a personal portfolio website to show off your skills.

46. Design T-shirts

So you take cool pictures or you are good at designing, you can get your pictures or designs printed on T-shirts to sell. You don’t even have to print in bulk, you can print on order.

47. Edit Videos

Some of us edit videos to post on social media all the time. And to be frank, most of us underrate our video editing skills.

If you are adept at using digital editing software, video editing is definitely a side hustle for you. You can either choose to sell your services locally or register on freelance websites like Fiverr.

48. Launch a Calligraphy Business

Who’d have thought a pretty handwriting can come in handy as a credible side hustle? You can get some tips of how to start in this article.

49. Become a Photo editor

If you are good at photo editing then you can earn money by editing photos from home.

50. Work as a Radio Jockey (RJ)

Being a RJ is a sassy job and if you are one of those who love entertaining people by talking then you can earn awesome pay being one.

51. Become a DJ

You can put that good music taste and eye for the latest music hit to use by becoming a DJ. To think all you’ll need is a laptop and good speakers.

52. Become a Make-Up Artist

So you feel you are quite adept in the art of doing makeup? Why don’t you profit from it by doing it for people before weddings, birthdays, conferences and other events?

53. Party Decorator

Most parties especially kids party takes place mostly during the weekend. If you have spare time during the weekend, this can be a good side hustle. I have been to kids birthday parties with my kids and seen lovely decorations.

Some of the room and table decorations are done by someone that part host hired. If you love decoration, you can advertise your service to friends and online and you can be up and running.

Food, Cooking and Grocery Side Hustle

54. Open a Food Stand

Are you a good cook? Or better yet, can you make tasty local meals? Then why not open a food stand at the park or a busy street and sell your homemade meals?

55. Sell homemade cookies

Food is loved by everyone and this business would be a hit if you are actually a food lover and especially a better chef. Sell homemade cookies to people and you can make good money out of this. You can even sell at your place of work.

56. Teach a Cooking Class

Why not leverage that cooking skill and teach people how to cook? You can charge as little as £10 a person.

57. Part-timer in bakery/cafe

Work part-time in a bakery or a café and earn money while doing this.

58. Sell Handmade Soaps

You can learn soap making online, buy a soap making kit and create sweet-scented soaps to sell.

59. Chef

For all the awesome chef’s out there, you can work as a part-time employee in a restaurant and make money while doing your favourite work.

60. Sell Cakes

If you love baking, you can turn your passion for baking to side hustle or business idea.

Let your friends and family know that you bake cakes. Once you do it for someone and they like it, they will tell other people.

With social media, you can post the photos on Instagram or other platforms and before you know it you will begin to receive orders.

Cleaning Side Hustles

61. Cleaning Business

Start a cleaning business with a group of friends. Earning money while working with friends would be fun actually. You can choose to charge hourly or per project.

Another cool part is that you don’t need much to get it started. If you like cleaning you will enjoy this side hustle. It is easier than never to advertise your service.

If you check on Facebook, you will find groups in your local area where you can advertise your service. There are people who just need help to clean their house and they are happy to pay someone to do the work for them.

62. Clean Windows

Believe it or not, but most people will rather pay someone else to clean their windows than actually do it themselves.

If you’ve noticed a few dirty windows in your area, you can put up signs and flyers to advertise your services.

Travel Side Hustle

63. Become a Travel Agent

If you are knowledgeable about the best vacation spots and finding the best travel deals, this can be a really fun side hustle for you in 2020. You can even handle all your affairs from your bed.

64. Travel Guide

This work actually lets you explore new places and meet a lot of people. Who doesn’t love travelling and exploring places? You can be a travel guide and earn money while helping tourists enjoy their vacation.

Teaching and Training Side Hustles

65. Become a Student Tutor

If you have a particular subject you are quite good at, you can start tutoring it as a side hustle. With a flier here and there, you should be able to get customers consistently.

66. Teach English online

If you are a fluent English speaker and understand the basics, you can help people improve their English-speaking skills in your free time. This helps you to make that extra cash too.

67. Teach Music

You can start classes in your free time and teach people music. You can also teach people how to play various musical instruments. This will be an interesting side job for music lovers.

68. Online Tutor

Work as a tutor on sites like Chegg and earn money from it. People who love teaching can choose this as a side job and make money.

69. Teach Art

You can teach kids and people to draw and paint. This is such a refreshing task which can keep you creative while earning money.

Care Side Hustles

70. Take Care of the Elderly

No, you do not necessarily need a nursing degree to work with the elderly. If you are not actively taking care of them, you can still provide useful services like grocery shopping or house cleaning.

71. Become a House Sitter

House-sitting can be fun. All you have to do is live and care for the house until its rightful owner gets back. Depending on how many clients you have or the type of contract you get, you can even save money on your own rent.

72. Babysitting

Babies are the most adorable beings in this world. So, for all those people who love and adore babies, you can make it a hustle and take care of babies.

Shopping Side Hustles

73. Mystery Shopping

If you enjoy shopping, this is for you. Shopping can be a fun side hustle idea for you.

A lot of people are making a living through mystery shopping. If you are looking for a side hustle idea, this is the one for you to consider.

If you want more details about mystery shopping, the wonderful people of Money Saving Expert have a lot of information on their member’s forum. You can find the information by clicking here.

74. Become a Personal Shopper

This is another option shopping side hustle idea for you. With a good fashion sense, you can slowly build a client base and help people fulfil their shopping lists and even give fashion advice.

Marketing and Website Testing Side Hustles

75. Become an Affiliate Marketer

Affiliate marketing is one of the most common side hustle business out there. Becoming an affiliate marketer is easy and most people go about this through blogging.

76. Become a Brand Ambassador

You can easily become a brand ambassador with a good social media following. You can also get hired offline to spread awareness about a company’s products and services. You are also sometimes asked to hand out free samples.

77. Website Testing

You surf the internet every day. Why not then do it for money? With sites like User Testing, you can earn about some cash through surfing websites and give your feedback. Some other websites for this type of side hustles are uTest, TestingTime, Loop11.

78. Online Surveys

Carrying out surveys is an easy way to make that extra cash online. For every survey you complete, Pinecone Research will pay you £3. If you complete a lot of surveys, the money can quickly add up.

79. Get paid to complete tasks online

You are not just limited to surveys to earn extra cash online,  sometimes you can complete some random task online and get paid. A website like 20cogs will let you earn money by completing various tasks.

You do not have to do all the tasks, you can ask for another task if the task they gave you is not the one you like. I have tried 20cogs. I must warn you that some of the tasks involve trialling betting websites. I personally do not support betting. You can reject any of the tasks and you will be giving another task.

Some of the tasks will enable you to get some items free. I remember i got some Graze products free in the post.

Driving and Delivery and Car Care Side Hustles

80. Deliver For Uber Eats

Driving around delivering food for home delivery food companies through Uber Eats is a cool side hustle. And there is the advantage of having a flexible schedule.

81. Delivery service

Earn money by delivery food to people. There are lots of companies where you can get a delivery job and earn awesome pay. If you sign up with Amazon Flex, you can earn up to £15 an hour. Amazon Flex is not in every town and city so it worth checking if they are in your area by visiting their website.

82. Become A Lyft/Uber Driver

The amount you can genuinely make with this side hustle depends on the hours you can dedicate to it. UK citizens may not have the Uber or Lyft options but they have Bolt, Kapten, Xooox, Wheely and the likes as credible alternatives.

83. Get a Part-Time Delivery Job

During the festive seasons, companies like UPS and FedEx are known to hire extra help to keep up with demands. You can take advantage of this.

84. Start driving classes

Yes, you can actually make money from driving lessons. If you own a car then you can help people learn how to dress while making good cash.

85. Open a Car Wash

No, you are not opening a conventional car wash with all the machine and equipment. You can start a weekly car wash every weekend. You can find a busy spot like a grocery store and promise customers to have their cars washed before they are ready to leave.

86. Rent your vehicle

If you have a bike or car and you are not going to use it for some time. Then you can actually rent it and make money from it.

87. Create a Moving Company

Do you have a truck just lying around somewhere? Or can you afford one? Starting a moving company can become profitable in the long run after building up a good reputation and rapport with clients.

Content Creation and Social Media Side Hustles

88. Start a Youtube Channel

You can share knowledge, fun activities and even your hobby as a YouTuber. You simply need to create videos. This is quite a good way to earn money.

89. Start a Blog

You can become a successful blogger if you focus on a niche you are passionate about. And you can start a blog with little to no capital thanks to platforms like WordPress and BlogSpot. There are several ways to monetise your blog. Some of them include affiliate marketing, sponsored ads, AdSense, and selling courses.

90. Monetise Your Instagram and Twitter Accounts

If you have a following of 10k and above, create very engaging contents, and get a lot of interactions with your posts, you can monetise your account. You can get paid by promoting your favourite brands and items.

91. Manage social media pages

You can help people manage their social media pages and earn money from it. You will help them post, reply to comments and sometimes reply messages. But this depends on what your agreement is.

92. Do vlogs

Do vlogs by visiting places, exploring food, culture and a lot of more exciting things and post them online. This will let you make money while letting other people enjoy those videos. How you make money however depends on how popular your Vlog gets as you can either make money through sponsored ads or monetising your channel like Youtube.

93. Content writer

Write articles from all niches and make some good money in your hands. There are a lot of online sites like Fiverr, Truelancer and Upwork where you can get a lot of writing work.

94. App creator

Are you a developer? You have sound knowledge of coding? Then you can create apps for people and earn money.

Pet side hustles

95. Become a Pet Groomer

Do you like pets? Can you teach them a few tricks and instruction? Then you can make pet grooming a side hustle.

96. Become a Dog Walker

There are dog owners who don’t have the time to take their dogs out for a walk. If you are good with pets and enjoy a stroll around the park, you can leverage this by pitching dog walking as a side hustle service.

97. Pet sitting

Earn money while taking care of cute puppies, cats are an awesome thing to do especially if you are an animal lover.

Other Side Hustles

98. Petrol Station Attendant

If you are a student looking for a part-time job this would be a good work.

99. Library assistant

Working as an assistant in the library is a great and exciting job to do. You can come across lots of exciting books and this will also help improve your knowledge while also making money.

100. Download apps

Did you know that there are sites that will pay you to money to download, use and test apps? An example is Feature Points. According to Feature Points, you can make money and earn rewards on your phone by trying free apps, completing surveys, shopping online, and more.

101. Podcasting

There are still opportunities to start a successful podcast.

It costs almost to nothing to start a podcast. You can easily start on the side, if you are consistent you will be surprised how quickly you can build followers.

To be successful in podcasting, It is important you niche down and be different.

 

Categories:

Amazon FBA for beginners – How does it work

In this article, I am focusing on Amazon FBA for beginners.

Amazon provides great opportunities for ordinary people to make money through their Amazon FBA program. I am going to give you all the information you need to get started.

My amazon experience started in the summer of 2017 and I am still hanging there and learning and generating some additional income.

This article is based on some of the valuable lessons I have learned selling on Amazon platforms across the world.

Let me just drop some points below which summarises some of the lessons I have learnt. Just like any side hustle, there will be a lot more than can be covered in a single post.

Fulfilled by Amazon

This is what I love about Amazon and what makes it different from eBay (I also sell on eBay). With Amazon FBA, all you need to do is to send all your products to Amazon fulfilment centre, Amazon will then take over the rest

When a customer buys one of your products, you will not need to do anything

Let me use one of my products as an example

300 units were shipped from China to the Amazon Fulfilment Centre

Whenever a customer buys the product, I don’t need to do anything, it will be the responsibility of Amazon to send the product to the customer from their warehouse (Fulfilment Centre)

This is a game-changer, unlike the Merchant Fulfilled (also available for sellers on Amazon) where you will have to visit the post office or courier drop off centre multiple times to ship products to customers

Fulfilled by Amazon is a great example of leveraging. It’s not a free service, you will pay fees for this service but it worth it

Amazon will pick, pack and ship your products to the customer at some cost to you.

4 Major Business Models on Amazon

On Amazon there is 4 major business model, you can focus on just one or you can do all

Retail Arbitrage

You pick up products from normal shops or supermarket, sell the same product for higher that you bought it for after Amazon deduct their fees

You keep the remaining and this is your profit. Do over and over and you can earn good money

Online Arbitrage

This is similar to retail arbitrage above. The only difference is that for online arbitrage, you will need to buy the products online

Wholesale

You find wholesaler or distributors, buy few or bulk and sell on Amazon

Again make sure you buy at a low price and sell for higher on Amazon. Buy low and sell high, it’s as simple as that. It’s simple but not easy

Private Label

This is the one I love the most. It require a lot of work at the beginning because you have to research good products that sell well, sometimes you have to design the product

You will find a manufacturer or supplier, mostly from China but you can find a manufacturer in any country including here in the UK

These are my few points based on my experience of selling on Amazon

Lessons Learnt selling on Amazon

1. Amazon FBA is not for everyone – When you test it out you will know straight away if its what you can cope with or just pass.

2. Quality – Ensure your product is high quality if you do private level

3. It takes time to succeed – Anything that will worthwhile will take time to master. There is no magic formula. There are a lot of people online making it look as if you can just throw product on Amazon and you will become a millionaire. It will take time and work to make it work.

4. Feed the Beast – Amazon is the beast, if you don’t feed it, the money will not flow. Once you stop sending products to Amazon fulfilment centre, your sales will drop or stop because you will not have products to sell. It is not a set and forgets business.

5. Product research is key – Without the right product that customers are looking for, it will be a waste of time to sell on Amazon. Finding the right product is crucial to success.

6. Amazon fees – To sell on Amazon you will pay fees. They have an online calculator to let you know the fees.

7. Start Small – Starting small is very important. It reduces risk. Test, test and test.

8. Manage your expectation – There is nothing wrong in having a high expectation. However, I have seen people have too high expectation about how much money they can make and suddenly get overwhelmed when things are not happening as quickly as they expect.

9. Think long term – after testing phase if you prefer to test it out first, it is important to think long term and stay consistent. Like anything you do in life, you need to be consistent in order to succeed.

10. Remove emotion from decision making – If the maths is not right, don’t waste your time sourcing a product. Business is about profit, any business that can not make a profit will go under, it is as simple as that. Because you are passionate about a particular product don’t mean customers will pay for it.

11. Page 1 – This is where the magic happens because most customers don’t look beyond page 1. To get to page one for any specific keywords, the major factor is sales volume. There are other factors like how long the product has been on Amazon and how to optimise the listing is.

12. Amazon SEO – Just like you see it in blogging, there is also Search Engine Optimisation (SEO) on Amazon. Amazon like Google is also a search engine.

Challenges of selling on Amazon

1. Category restrictions – When you are new, you will not be allowed to sell in all categories straight away. When you meet the requirements, you can sell in most categories.

2. Returns – Just the way you buy things and return because you change your mind. Customers will do the same and its part of the selling universe.

3. You don’t own the customers – It is important to know that the customers you are serving are not your customers. They are amazon customers.

4. Suspension – It’s like a comparison between blogging and Youtube. A blog is more or less your property but YouTube can kick you out if they want. Also, Amazon can suspend your account if you go against their terms and conditions. Don’t get scared, you won’t be suspended as long as you do things in the right way.

5. Bad reviews – Some customers are just not kind. Even if you have a high-quality product. You can’t satisfy all customers. But, customers are always right.

Final Thought

To succeed on Amazon, you need to work very hard, consistent, and think creatively. I have another article  I wrote about how to start selling books on Amazon.

Selling books is a low-risk way to start selling on Amazon. You might want to read that article by clicking here.

Categories:

How to Start Selling Books on Amazon

One of the questions people have asked me is how to start selling books on Amazon.

Amazon provides ordinary people like myself and you reading this post opportunity to sell on their platform.

Amazon is growing at a significant rate. The internet is at its infancy because a lot of retail business is still being done in traditional brick and mortar shops mostly on the high street.

The best time to start selling books or any physical product is now.

I have heard people say there is competition on Amazon, while this is true. It is important to note that the number of people buying online has increased. This means that there are more customers to serve.

If I consider that I have only been selling on Amazon for just over two years, this is not a long time.

While it’s not too long that I started selling on amazon, I have acquired an unimaginable number of skills. I have seen people start and quit their 9 to 5 jobs to sell full time. Selling on Amazon can be very rewarding.

I have also seen people start and quit selling because they lost motivation or got overwhelmed. Perseverance and persistence is a requirement for anyone that will be successful in selling books or anything on Amazon.

One of the easiest ways to start selling on amazon is to start with books.

Why selling books is the easiest way to start on Amazon

Low cost

You can start selling books on Amazon with very little money.

You can walk into a charity shop and find books as cheap as 50p. You can then sell a 50p book for £10 or more on Amazon.

You can start with as little as £10 by buying used books from charity shops and other sources.

Low risk

There is no serious risk of starting a bookselling business.

There is a risk to everything in life but the risk of selling books on Amazon is very low compared to a lot of other business models where you have to commit a lot of money.

You are not going to lose any serious money by selling used or new books on Amazon.

Easy to source

Selling books on Amazon is a very simple strategy.

I am not saying it is easy to do because there is no such thing as easy when it comes to making a profit. What I am saying is that it’s easy to source for books compared to a lot of other business models on Amazon.

Because it is a book, you know specifically what you are looking for. The more you source the more you will understand what types of books sell well and the sourcing will become easier for you.

What type of book sell well on Amazon

Before I talk about the types of books that sell well on Amazon, I think it is important to first understand what sales rank is and how to know the sales rank of a book.

Sales Rank

One of the first things to understand when it comes to selling anything including books on Amazon is the sales rank.

Your Amazon sales rank can also be called Amazon Best Seller Ranking (BSR).

This is a very important metric on Amazon as it relates to how well your product is selling in its category.

Amazon will assign a sales rank number to a product depending on how well the product is selling.

The smaller the number, the better. For example, a product with the #1 sales rank will be selling faster than a product with a sales rank of #100.

In the books category, the sales rank can be very high because there are a lot of books on Amazon.

There is no specific rule but generally, you want to be looking for books that the sales rank is not more than #1,000,000 (1million). This does not mean that you cannot sell books that have sales rank higher than 1million.

A book might not have sold any unit in the past year and somebody just needs the book for research and comes to Amazon to look for the book.

Because it has not sold any copy in the last one year the sales rank might be something like #10million.

As soon as somebody buys the book on Amazon, the sales rank could become #2million.

To save energy of sourcing and listing, it is better to stick to a particular plan of having a sales rank you won’t go above.

I generally don’t sourcebooks above #1million sales rank. I used to source books up to #5million sales rank before. I still have books listed that have not yet sold any unit which I hope they will sell sometime.

How to know Amazon Best Seller Ranking (BSR)

Using the image below as example, you will notice the highlighted part in red. The sales rank of this particular book is #123,225.

When you get to the page where the book is on Amazon.co.uk, scroll down to the bottom of the page and you will see a section that looks like the image below.

Alternatively, you can do it easily by pressing CTRL + F on window or COMMAND + F on Mac, this will give you a small pop up where you can type the word ‘rank’, this will take you straight to the same section in the image below where you will see the sales rank of the book.

You can also know the sales rank of a book from the Amazon seller app when you scan the book. This can be very handy when you are out and about sourcing for books in places like a charity shop.

Types of book that sell well

This depends on who you ask. I have seen people say fiction books sell well on Amazon and I have also seen people that say non-fiction sells better.

The rule of thumb for me is sourcing for books that solve a particular problem. I know biography and novels can sell well if you can source them at cheap prices.

When you are sourcing, watch out for how-to books or step by step guide. Below is an example of a book I sold on Amazon. You will notice the book is a step by step guide book which was published to help Florist or someone interested in Floristry.

This type of book should catch your attention when you are outsourcing. However, you still need to scan it before you can be sure it has a reasonable sales rank on Amazon.

Education books sell better during the period when the academic year is starting.

Some books are unique if you find a book which the title sounds a bit strange you might want to pay attention to it and scan with Amazon Seller app to check.

Another type of books that sells very well are books related to food and cooking. I have sold some cooking and food books for a very good profit.

There are a lot of cooking and food books out there but you just have to scan and believe some of those you scan might be profitable.

Types of Account and Subscription Fee

I have seen a lot of new sellers get confused about Amazon fees. There are a lot of fees you have to pay on Amazon. I am not talking about the account fees here but the fees you pay on each product you sell.

Mainly there are two types of Account on Amazon.

Individual – You register free on Amazon but for every item you sell, you will pay £1 extra. The £1 is in addition to other fees.

Professional Account – You pay monthly account subscription fees which at the time of writing this article is £25 per month (excluding VAT). You can see the current price on Amazon.

It makes sense to start with an individual account to try out amazon. But once you start selling more than 31 books or other items per month, you need to migrate to the Professional Account. This is because it will no longer be cost-effective to still be using the individual account.

It’s simple math. If you sell 31 items, that will be £1 multiplied by 31 which is £31, that means your account has cost you £6 more than someone who has a professional account paying the monthly subscription fee of £25 (excluding VAT).

You will even be losing more money if you sell much more units. Once you start selling a lot of units you need to consider switching to a professional account.

It is not compulsory to start with a professional account, you can start with either of the two and switch as your condition change. You can also switch between the accounts whenever you want.

Business Account -This account is just for people who have a registered company. Ideally, you must already have a professional account to register your business on your seller account.

Fulfilment Method

With this, I am talking about how you prefer to send the product to Amazon when they buy the book from you.

There are two major fulfilment methods.

Merchant Fulfilled

In this case, you are the merchant. This means when customers buy your book, you will be the one to pick, pack and ship the product to Amazon.

Amazon FBA ( Fulfilled by Amazon)

This is what I love about Amazon and what makes it different from eBay. With this method, all you need to do is to send all your books to Amazon fulfilment centre, Amazon will then take over the rest.

When a customer buys one of your books, you will not need to do anything.

Let’s say you’ve just sourced for about 100 books, once you list them on Amazon, you can send all the 100 books to Amazon fulfilment Centre in one shipment.

Whenever a customer purchases any of your books, you will not need to do anything, it will be the responsibility of Amazon to send the books to the customer.

This is a game-changer, unlike the Merchant Fulfilled option where you will have to visit the post office or courier drop off centre multiple times to ship products to customers.

Fulfilled by Amazon is a great example of leveraging. It’s not a free service, Amazon will pick, pack and ship your products to the customer at some cost to you. The lists of Amazon fees are below.

What condition to list your book on Amazon

To make your books available to customers to buy on Amazon, you need to list the books through Seller Central on Amazon. To list the product you will have to specify the condition of the book. Below are the conditions available to choose from:

New books – This is what it says on the tin. If you want to list a book as new, it must be brand-new, unused, unread and in perfect condition.

Collectible books: Personally, I have never sold a collectable book before. I just do not bother to sell collectables because a lot of conditions are attached to selling them. If there are restrictions that means fewer competitions, perhaps you might consider sourcing for collectibles. For a book to be classed as collectable, it must be 

  • signed,
  • a limited first edition,
  • out of print,
  • or have other desirable qualities that could reasonably be assumed to increase the book’s value to a collector.

Like New: unread and in perfect condition. 
Very Good: has been read but still in excellent condition.
Good: has been read but is in clean and pristine condition. 
Acceptable: still readable with pages and cover intact although the dust cover could be missing). 

You will need to make a judgement of the condition you think the book is. I have never sold a new book on Amazon. To be on a safer side and avoid complaint from any customer, most of my books are listed as Used or very good. In some occasions, if a book is very clean I can list as Used or like new.

You just need to assess the book and put yourself in the shoes of your customers. If you buy a book on amazon based on the listing saying it is like new, will you accept it if it was listed as new? if you cannot then most customers will not also.

I play safe and go a step back when I decide on the condition. If it’s Like New I will list as Very Good, if I think it’s Very Good, I list as Good.

For more information about books condition, you can check on Amazon.

Amazon fees on your sales

There are a lot of fees amazon will charge you when you sell an item on their platform.

In plain English, the two major fees are

ReferralThis simply means that Amazon is charging you for bringing you the customer to buy your product.

Picking, Packing, Postage – Imaging your product on the shelve somewhere in Amazon warehouse.

When a customer buys your product, one of Amazon staffs will need to go to the shelf and get your product, he or she or the robot will get a box, package the product and put label which includes the customers address on the box.

The product will then be sent to the customer. This fee is included in Amazon fee, it’s part of Amazon Referral Fee.

Referral fees are determined by the category of the product and the sale price. The fee can range between 6% to 20% of the price of the product. The average referral fee percentage is around 15%.

Shipping – Obviously, the product will need to be sent to the customer after they make a purchase. To be able to send your product to the customer, Amazon will charge you for the postage cost. This cost is embedded in their fees. This is included in what they call FBA fulfilment fee per unit.

Variable closing fee – This is an extra fee Amazon charge on media-related items like books, console, video, DVD and software. A book is one of these items you are likely going to pay this when one of your books get sold. This is a flat fee which ranges between £0.50p and £1

Storage – Just think about how the storage company operate, you take some of your belongings to them, you then pay them for their space you are using to keep you stuffs. Amazon FBA works the same way because your books or products are taking some space in Amazon warehouse, they charge you a small fee for helping you store your product in their warehouse. The storage fee is very small, as long as your product sell fast and not staying in Amazon warehouse for too long, it’s not the fee you need to worry about.

You can see an example of fees in my Amazon seller app in this image. That is one of the books I sold on Amazon.

Where to find books to sell on Amazon

Find books in your house

The first place I will suggest you start from is from your house.

This is provided you already have some books at home. Most people have books they have bought and no longer need.

It might be a book you bought to write a professional exam or a book about cooking. Just see if any of the books you already have at home are no longer useful for you.

You could scan them with Amazon app to check their sales rank.

If the book has a good sales rank, you might consider listing them on Amazon for sale. This is a good way to start selling books on Amazon.

Starting this way will help you to have some understanding of how to list a product and also to see if its a process you will like to go through again.

If you do not enjoy the process, selling books on Amazon might not be for you.

Charity shop

It’s very easy to find books you can resell in charity shops. Just go to any charity shop, you will find a small section where they have books, I think all charity shops have used books section.

All you need to do is to scan the books. Its simple to do but its not easy because you might need to scan a lot of books before you find the one with good sales rank. I have been able to find a lot of books from charity shops that I have been able to sell on Amazon.

Books from charity shops can be as cheap as 50p. It depends on the location and type of book, the condition of the book might also determine how much the charity shop will sell them.

Some charity shops only sell used books and nothing else inside the shop. I have one in my area. The Red Cross book shop on bath road in Cheltenham sell only used books. I have been able to find books that I have sold on amazon from the shop.

One one the challenges from buying used books to resell from charity shop might be a signal problem – some charity shop might have a signal problem which will make it difficult for you to use your Amazon seller scanner.

There is a piece of software that I have tried before.

This software downloads all the products on the Amazon database and helps you scan offline which mean you don’t need a mobile phone signal to use it.

To be honest I don’t use it anymore because I only sourcebook ones in a while so it doesn’t what me paying for it if I am only using it once in a while. If you are going to be devoting most of your time to sourcebooks, I will recommend you use the software because it’s very good.

Church sales

There are churches in my area who do have church sales. At least there are two which I regularly go to their sales. They usually will have a variety of items for sale.

They always have a section for books. Church book section during sales is very similar to charity shops, the books will mostly be used but in very good conditions.

They are usually cheaper than books from a charity shop. I think the difference in church book price in comparison to charity shop might have to do with the fact that charity shops usually will pay rent for their premises while the church usually owns their building.

As well, the charity shop possibly has to pay staff while the people present coordinating the church sale might just be a volunteer from church who is a church member.

Church sales as well are usually about once in 3 months. The one I go to is usually once in 3 months while the charity shops open for business every working day including Saturday in some cases. Both church and charity shops are non-profit but books at church sales are usually much cheaper than from charity shops.

One good tip for buying boots to resell from church sales is to go when they are about to close.

Like the one I do go to, they usually start at 2 and finish at 4. I usually arrive at 3 and hang around till closing time at 4 pm. Close to the closing time around 3:30 pm they will offer black bin bags for sale at £2 and you can fill the bag with as many items as you can fit in it.

That is a bargain because books normally cost 20p ordinarily, sometimes I can fit up to 40 books depending on the size in the bag, this simply means that I get each book at the cost of less than 10p.

Local Library

Our two boys love reading. It’s just impossible to buy every book they read. This is the reason why the local library is there so we can borrow books for them to read. We visit our local library once a week.

When we go to the library, there are times when they have books display for sale. I don’t regularly buy books from the library but I do sometimes scan the books to check if I might find a good one that I can resell on Amazon.

I have been able to find profitable books from the library book sales. They don’t sell them for more than 50p per book, in some occasion, they sell them for 3 books for £1.

If you are interested in selling books on Amazon, try your local library if they have any books sales.

Selling books on Amazon is a form of business, and business involves relationship and communicating with other human beings. So, you could ask the library staffs if they have any library book sale coming up soon.

Car boot sales

I have been to car boot sales several times.

Car boot sales are everywhere, do some google search to find one in your area.

They do advertise some of them on Facebook. Most items at car boot sales can be very cheap.

As long as you have your phone with you with the Amazon seller app, you can do some scanning and find a book that you can resell on Amazon.

Family and friends

This is possibly the least in terms of sourcing for books to start you off in selling books on Amazon.

Consider any of your family and friends who have a lot of books that they no longer need.

It might be your parent or grandparent. Some of your friends might have a lot of books that they no longer need and don’t know what to do with them.

You can ask them if they can allow you to list the books on Amazon to sell and they can give you some percentage of the profit.

eBay

One of the ways to sourcebooks you can resell on amazon is to buy from eBay.

As strange as it may sound, some sellers are selling collections of books as joblot on eBay.

You can buy these books and resell them on Amazon. I have never bought joblot books on eBay before but it looks to me like legitimate books you can buy and resell.

The good thing is that when you list the books on Amazon, you can also list them on eBay.

The challenges with buying wholesale books or joblot are that you have a large number of books that you need to list individually on Amazon.

If you can do the work, you can make a healthy profit.

I must say that if you buy this large number of books, there is no guarantee that all of them will sell fast on Amazon when you list them.

By the time you sell few of them you possibly would have covered the cost of purchasing the bulk.

Example of joblot books listed on eBay is in this screenshot.

Make sure you do your product research before you make any purchase on eBay.

Facebook Marketplace

The marketplace on Facebook is growing stronger.

I have sold a lot of items on Facebook but I have never listed books on Facebook marketplace. When it comes to sourcing, you just have to look everywhere.

Facebook marketplace is one of the places you can check for books you can resell on Amazon. It’s just similar to eBay where you can find joblot of books.

As well, you might be lucky to find books for free. Some people just list some items for free on Facebook marketplace. Such people just want to get rid of those items and want to free up space in the house.

Online

Some websites are a niche for selling books.  Selling is all about buying low and selling high.

If you can buy a product for a certain price and sell it for a higher price than you bought it for then you make a profit.

If you can take time to browse some websites that sell books and compare their price with the price on Amazon, you might be able to find some that will be profitable after Amazon fees.

One of the websites you can try is abebooks

Tools for analysing products on Amazon

I thought I should mention some of the very useful tools I have found very useful for selling books on Amazon. These tools will help you to analysis books so you can have an idea if the books have sold recently or not.

In the world of selling on Amazon, there are a lot of tools. Some are free while you need to pay for some of them. If you are completely new to selling on Amazon, my suggestion for you is to use the free tools.

Free Tools

Helium 10 – There are a lot of tools in this one but the one you need is there chrome extension. It will help you see the chart of a product sale on Amazon. There is a paid tool called Keepa which does the same thing.

CamelCamelCamel – Its a very funny name camel called three times. You can see the last time a product sold and the price it was sold for.

Final Thought

Selling books on Amazon can be profitable if you can dedicate some time to it. I sell books on Amazon but books are not the only things I sell on Amazon. The downside of selling books is that you have to source constantly.

I don’t think it is a problem because it depends on your personality. Some people just love going out and hunting for bargains. If it fits with your personality, you can make healthy profits from selling used or new books on Amazon.

When you are doing something, it always makes sense to look for like-minded people. One of the places to find like-minded people is on Facebook. I joined a Facebook group that mainly discuss selling books on Amazon.

Actually, the person who created this group, Luke Pastore focus mainly on book selling on Amazon so he’s like an expert in selling books on Amazon.

If you are interested in joining the group you can click here.