Founding a startup from scratch can be overwhelming. From creating a business plan to securing funding, there are so many steps to take before your business can be launched. And even then, you have no guarantee that your idea will succeed.
In fact, just 40% of startups become profitable. That’s quite a risk to take, especially if you plan on leaving your day job to launch your startup. The good news is that there is an easier, more reliable way to go about building a startup: becoming an Amazon seller.
Believe it or not, almost 70% of startups begin as home businesses, and becoming an Amazon seller is no exception. As the owner of an Amazon FBA (fulfillment by Amazon) business, you decide how to structure your business, and you can work from home (or anywhere for that matter) on your own flexible schedule.
Plus, you won’t have to figure out how to do it all on your own, thanks to the clear roadmaps you can find from other Amazon experts. But before you decide to dive headfirst into becoming an Amazon seller, discover what this journey entails.
What Being an Amazon Seller Is All About
Being an Amazon seller has many layers, as you are responsible for making key business decisions, running your finances, and strategizing how to grow your Amazon business. As an Amazon seller, you will be given the opportunity to constantly learn and challenge yourself as your business evolves. This is a venture that requires a curious and active mind.
Amazon sellers decide what products to launch, where to utilize their capital, and what direction to take their business in. One of the biggest perks of founding this type of startup is the flexibility that it gives you.
When you become an Amazon seller, you will be able to set your own hours and take time off whenever you want. This gives you a sense of freedom that you simply won’t find in the majority of other jobs.
Plus, all you need to work as an Amazon seller is a laptop, your phone, and an internet connection. In other words, you can work from practically anywhere in the world, another way being an Amazon seller is one of the best ways to make money while living the type of lifestyle you dream of.
A Day in the Life of an Amazon Seller
When you work as an Amazon seller, each day is different. However, you can get a good idea of the basic timeline your workday will follow.
To begin, working as an Amazon seller allows you to spend your mornings however you please, whether that’s getting an early start at work, enjoying your morning cup of coffee, taking a long walk, or heading to the gym.
Once you’re ready to dive in, a good way to start your workday is by catching up on emails and finishing up any tasks that you may have left unfinished the day before. Next, you’ll want to check in with your team and create a to-do list for the day and the week. This will help you to stay organized and on-task, something that can be a challenge when you work for yourself.
Throughout the rest of the workday, you will want to work through completing as many tasks on your to-do list as possible. These tasks can include things like:
- Checking inventory levels on Seller Central
- Ordering new inventory if necessary
- Checking your pay-per-click ads
- Creating listings for upcoming products
- Checking your keyword rankings
- Replying to customer reviews
- Posting on social media
- Updating and improving existing listings as needed
- Checking sales targets
- Getting updates from manufacturers regarding shipping times
Plan on allotting yourself around five hours to work through the tasks on your to-do list. But when your official workday is over, I recommend that you continue consuming educational materials related to Amazon and growing your business.
Because this is your business and you are the only person responsible for its success, the more you learn, the more you will earn! Throughout the evening, read relevant articles online, watch videos, and keep researching how to grow your Amazon business.
How to Become an Amazon Seller Today
As I mentioned, becoming an Amazon seller is one of the best startup ideas out there. To help you get started, I created my Amazon FBA Fast Track Masterclass for people who want to build their own Amazon FBA business but don’t know where to start.
The program covers an overview of building an Amazon FBA business and will help you to hone in on which types of products are best suited for you. Plus, you will learn about navigating Amazon’s packaging and labeling requirements, preparing products for launch, launching products, finding manufacturers to work with, and more.
Starting an Amazon FBA business doesn’t happen overnight, but with the right guidance, it can be one of the best business decisions you make in your lifetime.
And if you’re not ready to quit your day job and go all-in as an Amazon seller just yet, no problem. I myself started my Amazon seller journey when I was still working my 9-to-5 in commercial real estate back in 2016.
In those days, I dedicated my 5-to-9 to learning everything there is to know about building an e-commerce business through Amazon, and it certainly paid off for me. I have since built three profitable Amazon FBA businesses, and now I am passionate about teaching others how to do the same. That’s why I founded Black Caiman Media, my full-service Amazon consultancy and agency.
So if you’ve been dreaming of starting your own side gig or are ready to leave your career and build a new business where you can be your own boss, what are you waiting for? With all of the resources that are out there, anyone who is dedicated and hardworking enough can learn how to launch their own successful Amazon FBA business.
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January 11, 2022 at 04:25AM
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Why the Best Startup Idea Is Being an Amazon Seller - Grit Daily
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