Why Is Amazon FBA Such a Big Opportunity?
Amazon is such a big opportunity because they have hundreds of millions of customers visiting their website every month. Amazon FBA also makes your business operations really easy because Amazon handles all shipping, handling, storage, and customer service for you. It is not difficult to start selling on Amazon, and it is a business model that is easily scalable!
Yes! If you are ready to own your own business, or are looking for a side hustle to make some extra cash then Amazon is a great opportunity! Amazon can be competitive but e-commerce is only going to continue to grow so it is definitely worth it to sell on Amazon.
It is estimated that most Amazon sellers earn anywhere from $1000 to $25,000 per month, with approximately half of those sellers earning between $1000-$2500 a month.
The most profitable way to sell on Amazon is through private label and using Amazon FBA (Fulfilled by Amazon).
Here are some of the top product categories that are sold on Amazon: Home & Kitchen, Clothing, Shoes & Jewelry, and Electronics. Almost a third of Amazon sellers sell in Home & Kitchen as there is a lot of opportunity, but keep in mind that there is also high competition.
There is no accurate percentage of successful Amazon sellers because everyone has their own definition of “success”. It is estimated that almost half of all Amazon sellers make between $1000-2500 per month, and some Amazon seller reports estimate that more than half of Amazon sellers reach profitability within their 1st year of business on Amazon.