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How to Start an Amazon FBA Business in 2021 — 5 Steps to Success

When you research different online business opportunities, one of the first suggestions you’ll find is selling through Amazon FBA. It’s been a popular way to make money for a few years now, but is it still worth it in 2021?

We decided to chat with an actual Amazon seller to find out. After speaking with Alex Shelton and hearing his story, we can safely say this is definitely still a profitable business model. Keep reading to hear how Alex found success on Amazon, along with his five tips to help new sellers get started.

What is Amazon FBA?

Fulfillment by Amazon (FBA) is a program where Amazon fulfillment centers handle storing, packing, and shipping orders as well as returns and exchanges. With a flat monthly cost, plus selling fees, you are able to simply send your products to these fulfillment centers. The actual shipping, tracking and customer service experience is then handled by this larger team, allowing you to potentially scale your business and reach more customers.

How Alex found success selling on Amazon

Alex’s background is in marketing. While he had a successful career he got to a point where he was looking for a change.

“I wasn’t unhappy with my life before getting involved with selling on Amazon,” he says. “But I knew that there was more.”

Eventually, an opportunity arose that Alex couldn’t pass up. A client came to him looking for help promoting their product. He recognized right away that this item had a lot of potential, and eventually it was decided that Alex would sell the product himself through Amazon. And that’s how his journey began.

He ordered his first batch of inventory for £1,000, and after only six months he was so successful that he started expanding his venture into other countries.

Today, Alex is still a full-time seller on Amazon. He also teaches a course for beginners that helps them learn the skills they need to build their own businesses.

How to start an Amazon FBA business

If you’re wondering how you can start your own Amazon FBA business as Alex did, you’re in luck. He gave us his five most important steps that beginners need to take when they begin selling on Amazon.

1. Conduct niche and product research

Amazon sells billions of dollars worth of products a year, but that doesn’t mean you can sell any item and expect to be successful. The very best sellers do many hours of research to find the products that will make them the most money.

Alex recommends thinking of embarrassing items people don’t like to buy in person, eco-friendly products, or items you can bundle together.

Specifically, though, he looks for products that meet six important criteria:

A high search volume on AmazonHigh average monthly salesConsistent sales all year longNot many competing sellersEasy to acquire from suppliersSmall and light (this reduces shipping, storage, and fulfillment fees)A sales price between $10 – $70 (these prices are low enough to generate a good sales volume but still high enough to leave some profit)

You may be wondering how you’re supposed to gain access to all this data. It turns out there are many different tools available to Amazon sellers that make finding this kind of information easy.

“I love the AMZScout Pro Extension,” Alex says. “The information it displays is invaluable to any new startup or existing seller looking for ideas.”

That being said, there are many other options to choose from. We encourage you to do your own research and find the software that works best for you.

An example of Alex’s ideal product

Using the tools described above, do your research and try to uncover items that have high-profit potential. Alex supplied us with an example product that meets his criteria:

These kitchen shears generate an average of 3,393 sales per month, which shows there’s plenty of demand. They’re also the type of item that sells consistently well, no matter what the season is. 

The competition isn’t overly strong, they’re readily available from suppliers, and they’re small and light which reduces your costs. Finally, while the sales price of $11 is on the low end, it still falls in Alex’s target price range.

Identify items that can become private label products

Alex offered one more tip when it comes to niche and product research. Look for items that can be turned into private label products.

“Private label products are branded with your own logo,” says Alex. “I focus on these types of items because they’re unique to you and your business.”

If you find products that you can make your own and create a brand around you’ll have something that no other seller is offering, which is a huge advantage.

Little-Known Sites That Can Help You Monetize Your Writing

If you’re good at writing, you can use your skill to make decent earnings. Eventually, you will build up a steady flow of work and income for yourself. 
There are more than a few sites offering writers and bloggers opportunities to monetize their writing skills. While you can always go the freelancer route on platforms like Fiverr and Upwork, there are sites that pay you to write the content you like.
Here are some of the wonderful options for earning money for your writing. 

1. Blasting News
Launched in mid-2013, Blasting News is the world’s largest social news publisher today. It is one of the 200 websites in the world, with more than 80 million unique on-site visitors every month. Reporting in 25 languages across 34 countries, the platform accepts various submissions. According to its founders, the idea behind Blasting News relates to the open media industry, or the hope to help people express themselves. As a bonus, it is an opportunity for people to earn money. 
The articles published are contributed by freelancers referred to as blasters. There’s a team of senior professionals in charge of quality control (senior blasters) that fact checks and curates the publications received. For the best results, the distribution of the news is done by a team of leading digital influencers, the ‘social blasters,’ and the writers themselves. Blasting News pays up to $150 for each article. 
2. Income Diary
Income Diary publishes articles on topics dealing with starting a business online. The articles are on how to make money online, optimizing traffic and conversions, social media, web design, and other related topics. Your article will make Income Diary happy as long as it discusses building an online business. Do make sure that your article is easy to understand, bringing to life any human experience the readers can relate to. 
The pieces should ideally be between 2,500 words and 4,500 words, and you are paid $500 for every accepted contribution. The best part: you’ll be encouraged to write even if you don’t have any published work under your belt. However, when submitting an article, do not forget to mention that you would like to get paid for it. 
3. Contena
Contena comes with a host of cool features that help you get started with your freelance writing career right away. With Contena, you’ll be able to search for writing jobs all across the web to jumpstart your writing career. Some of its useful features are:

A database of pay rates of 1600 companies
A tool for finding jobs
Alerts on receiving emails
Submission finder

Every member is given access to Contena Academy, which provides a 6-module video training course along with materials guiding you on how you can give your freelance writing business a flying start. Even those who possess writing experience find the Academy useful as it has helped them learn new methods to fine-tune their writing. Platinum members also get help in preparing a portfolio to pitch for jobs. 
4. Publish on Amazon
Like writing fiction and have dreams of publishing a book? Well, your dream might come sooner than expected. Thanks to Amazon, or Kindle Direct Publishing, you can present your book to the world without worrying about finding an agent or publisher. Anyone can self-publish on Amazon, and it is a great opportunity to earn a steady income. 
A great tip before releasing a book on Amazon is to build a community of people interested in your writing. You can do this by being active on social media or writing a personal blog. Whatever it is, make sure to attract like-minded people that will value your writing. 

There are many opportunities for you to monetize your writing. It might just be a side hustle, or you might opt for a steadier income. Whichever you choose, the success depends on how much effort you plan to put in. However, there are fraudulent pages and offers that claim to guarantee easy and fast earnings. In fact, money-making scams are one of the most common online. 
As soon as a suspicious pop-up claims that you can earn a thousand dollars while working from home, ignore it. Usually, it is not a legitimate offer but a scam, hoping that you will click on the ad or share your personal information. There are tools that can help you, however. For instance, Atlas VPN is a tool that encrypts your entire online traffic, meaning no one can snoop on it. Additionally, it offers protection from ads and suspicious websites. Thus, you will be able to secure the integrity of your data and stop these scams from popping up on your screen. 
Overall, being a freelance writer often gives you a better quality of life. There’s no hectic daily routine to follow or a mad rush to reach your workplace on time. Things are much more relaxed. Life’s a breeze if the stress of finding a steady flow of work and earning is gone. Our article with the details of leading websites offering decent pay with steady work can help you jumpstart your writing career.

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