|
The easiest money you can ever make is doing retail arbitrage on Amazon. You don't need to buy any courses or shit like that to learn, just Google it and read up, or listen to Jim Cockrum's free podcasts. Download the free Amazon Seller app on your phone, go to any retail store like Target or Walmart, and start scanning items, especially stuff on the clearance racks. Obviously there are nuances to learn, like brand restrictions and gated items, but there are hundreds of free Facebook groups you can join to learn.
When you get your feet wet there you can scale up by learning wholesale arbitrage. People think that Amazon sells everything, but there are literally millions of items that are not available for sale yet on Amazon, and there are tricks to finding items that are searched for regularly but aren't listed.
If you want to scale up from there you can learn private label selling, although that could be risky if we end up in a trade war with China. Or you can find companies with unique products that don't sell on Amazon yet and negotiate a partnership. There are literally infinite possibilities. If you can't make six figures a year off Amazon you probably shouldn't be selling online...
|