How to choose the right Amazon side hustle for you?

With the gig economy on the rise, more and more people are looking into side hustles to earn some extra income. The popular platform for side hustles is Amazon, which offers a variety of opportunities to make money. From selling products to offering services, Amazon has something for everyone.

• Selling products – The best-known Amazon side hustle is selling products through Amazon FBA (Fulfillment by Amazon). With FBA, you source products and send them to Amazon’s fulfillment centers, and they take care of storage, packing, and shipping once an order comes in. Choosing to source and sell your unique products, or resell mass-produced ones. Popular products include books, home goods, toys, and electronics.
• Kindle eBooks – Through Kindle Direct Publishing (KDP), you self-publish eBooks and sell them on Amazon’s Kindle store. It allows you to earn royalties passively as readers buy your eBooks. You write eBooks on almost any topic, from fiction novels to cookbooks to business guides.
• Handmade products – Those with artisanal skills handmake products like jewelry, soap, candles, and woodwork and then sell them on Amazon Handmade. Amazon provides the platform and visibility, so you focus on crafting. A small commission fee is taken from each sale when you set your prices. This is great for crafters, artists, and homemade goods sellers.
• Services – There’s a dedicated section on Amazon offering services you provide to others. These include bookkeeping, graphic design, business consulting, music lessons, proofreading, data entry, and more. You set your rates and customers place orders for your services, which you then provide virtually or in person. The course is ideal for skilled professionals who are willing to share their expertise with others.

Factors to consider when choosing an amazon side hustle

Reflect on what you’re naturally good at or passionate about. Play to your strengths and interests so the side hustle doesn’t feel like a chore. Are you a skilled writer who loves eBooks? Do you enjoy handmaking crafts? Are you an accountant who wants to offer your expertise? Match a side hustle to your abilities. The evaluation of amazon side hustles requires significant time investments like sourcing and shipping products, while others are quite passive income streams. Consider how much time you realistically have to dedicate to a side hustle around your regular job and personal responsibilities.

Upfront costs

Certain Amazon side hustles require upfront financial investment, like buying inventory or materials before earning income. In some cases, there are no startup costs like selling digital products. Consider your budget and how soon you need to recoup any initial investments. Low-cost options may be better when first starting. It’s important to think about bigger-picture goals related to income targets, building a brand, and transitioning to self-employment. Do you want to replace your current income eventually? Is this a hobby or a stepping stone to your own company? Choose an Amazon side hustle that aligns with where you want to go. Stay aligned with your strengths and interests, start testing niche products or services, and focus on customer satisfaction.