Have you always dreamed of being an online entrepreneur? See these amazing Amazon online business ideas you can start working on right away with little to no capital. If this interests you, read on!
Introduction To Amazon Online Business Ideas
Before we go into the main talk of the day, let’s get some background info on Amazon.
According to CNN Business, Amazon.com, Inc is a multinational company that provides online retail shopping services.
The company has both online and physical stores.
It is a platform that brings buyers and sellers to communicate and do business from different parts of the world.
Amazon was founded in 1994 by Jeff Bezos.
In June 2021, Amazon was ranked the most visited site worldwide with over 2.45 billion visitors.
Overall, Amazon is the largest online retailer so far.
Future Relevance Of The Online Business/E-Commerce Industry
Research reveals this industry’s global gross profit of 4.9 trillion U.S. dollars as of 2021 to be 50% higher by 2025, translating to a potential boom in the industry.
On another note, the pandemic necessitated humans to adjust to a life of depending on remote organizations either for food, jobs, services, and supplies.
So far, we have more than adjusted to that lifestyle, and the industry continues to see a positive
There has never been a better time to tap into this profitable industry, given its current boom.
So, if you’re wondering if business ideas in this industry are worth exploring, check the numbers.
Ideally, before starting any business, it’s best to do a feasibility study to determine the viability/profitability of the business idea.
Nevertheless, a brief look into the market analysis and statistics can also help you decide if the business is worth taking a shot.
Now, here are 15 profitable Amazon online business ideas that could make you into a successful online entrepreneur.
13 Amazon Online Business Ideas
1. Self Publishing Book
You don’t need to have your books published by a publisher.
You can consider starting a self-publishing book business.
This business is also called Kindle Direct Publishing (KDP) or Amazon Createspace.
Do you dream of becoming an author, this Amazon online business idea can help you actualize that dream.
This platform allows you to publish your eBooks, hardcover books, and paperback without providing any physical material other than the book content.
The good thing about this is you can do all these for free.
You will also be able to distribute the books to your readers through Amazon Kindle.
On this platform, people can borrow and buy your books.
As an Amazon Kindle publisher, you earn royalties on the sold copies of your book.
It’s usually around 35% and 70% of your total sales.
2. Amazon Dropshipping
Amazon dropshipping is a profitable Amazon online business idea.
This business allows you to sell physical products with out dealing with an inventory.
Also, you won’t go through the stress of packaging and delivering the products.
Instead, you act as the middleman between the manufacturer and the buyer.
The advantage of Amazon dropshipping is that it is easy to start.
Also, you can advertise the goods at your own price and pay the distributor or manufacturer the wholesale price.
The difference between the wholesale and retail price is your profit.
There are several niches to pick from, such as;
- Camera and cellphone accessories
- Home and bedroom accessories
- Health and personal care
- Tools and home improvement
- Car accessories
- Gaming, and so on.
3. Amazon Affiliate Program
This is another profitable Amazon online business idea you should consider.
It will be more suitable for you if you possess good writing skills and love writing.
Another name for this business is called Amazon Associate Program.
You advertise other people’s products to your website or social media audience with your unique affiliate link.
When people buy a product via your link, you earn a commission based on prior agreement.
Furthermore, the commission percentage is between 1% and 10% according to the product category.
Above all, your income depends on the number of times products are purchased through your link.
4. Fulfilled By Amazon (FBA)
This is another Amazon online business idea you can explore.
However, this business deals with both online and physical products.
Specifically, it would work best for you if you have physical products you want to sell but can’t handle the logistics for delivery.
This is where Amazon comes in.
Here, Amazon helps you store products, and when there’s an order for the product, they fulfill the order.
All you have to do is ship the order to their warehouse, and they take care of the rest.
Although, you will be in charge of taking the orders while Amazon FBA packages and delivers them directly to the customer.
However, you will pay some fees for using Amazon FBA and the shipping fee to the warehouse.
This depends on the size and weight of the item.
5. Retail Arbitrage – Amazon Online Business Ideas
This is another Amazon online business idea that’s easy to start and requires low startup costs.
Retail arbitrage is when you buy a product or item at a low price and sell it at a higher price online.
This business will require you to be strategic.
For instance, you could go to top stores like Walmart, Target, TJMax, etc., to survey the prices of items in their stores.
Then, compare the price with the prices of other retailers.
The goal here is to get the items at a very low market price and sell it at a higher price that’s reasonable and affordable.
Above all, this business is not as easy as it sounds.
Sometimes, you might need to wait for stores clearance to get some items at a low price.
Nonetheless, the profits will be rewarding.
6. Product Photography
Another way you can start an Amazon online business is by using your skills.
If you possess photography skills, you can consider this type of business.
Some Amazon sellers lack photography skills.
As such, they lack a good product image to promote their business on the platform.
As a product photographer, you can offer your services and help them overcome this challenge.
You could help them take stunning product images and edit them.
Starting this business will require some equipment and capital for a start.
You will need good camera gear, photography props, a personal computer to edit the photos, and other materials.
7. Amazon Handmade
Esty’s website is not the only place you can sell handmade products as an artisan.
Amazon also has a department for arts and crafts like handmade clothes, pieces of jewelry, bags, shoes, and so on.
You’ll need to create an Amazon sellers account that costs about $39.99/per month to get started.
8. Amazon Delivery Service Partner
Amazon delivery service partner is another Amazon online business idea you may want to explore.
It is also called the Amazon DSP program.
This will be a good business idea to explore if you have logistics experience.
This type of business is set up with Amazon directly.
In this business, you act as a delivery agent for Amazon.
Amazon takes, processes, sorts, packages the orders and sends them to you with the delivery details.
You then do the delivery.
However, you may need to have a team of drivers who will do the delivery so that the delivery process can be quicker.
9. Amazon Flex Delivery Driver
If getting drivers to work for you might be a bit difficult, you can consider delivering packages yourself.
This type of business is called the Amazon Flex program.
The style of this business is like Uber’s operation style.
It’s similar to the delivery service partner business only that you deliver the packages to the customers by yourself.
Also, you are responsible for the vehicle you will use for the business, and you get paid per hour- something between $18 and $25 per hour.
To be eligible to participate in this program, you’ll need a valid driver’s license and should be 21 years old or more.
Overall, you can do this business as a side hustle business.
10. Amazon Vehicles And Accessories
Another online business you can do is selling vehicles and vehicle accessories.
You might think that this business will cost you lots of money.
However, the reverse is the case.
You don’t need to own a vehicle and its accessories to start this business.
You can partner with car dealers and car accessories sellers.
Then, you both will agree on the commission you will earn for selling any vehicle or accessories.
Your job will be to take pictures and upload them on the Amazon site for prospective buyers to see.
Basically, you earn as commissions as you sell.
11. Selling Fitness Supplies – Amazon Online Business Ideas
Selling fitness supplies on Amazon is also an excellent Amazon online business idea.
Fitness supplies are in high demand globally.
This is because everyone wants to stay fit and healthy.
So, they need the right equipment to help them achieve that goal.
Fortunately, Amazon gives you access to over 2 billion potential customers for this product.
So, you can position yourself as an online seller selling gym equipment, vitamins, supplements, sports wares, exercise equipment, etc.
However, if you lack the capital to get this equipment for a start, there is another way around it.
You can partner with other sellers who have a physical store and agree on the commission to help them sell their items online.
Then you take pictures of available fitness supplies and upload them on your seller’s page for people to order them.
12. Selling Electronic
Selling electronics on the Amazon store is another Amazon online business idea.
You can sell different electronic gadgets on the Amazon store, such as; smart TVs, speakers, refrigerators, music players, etc.
Furthermore, it will be a lot easier if you have a store where you sell electronics.
What you need to do is to register with Amazon and become a member.
Another way you can go around this business is to partner with physical store owners selling electronics.
You will agree on the commission to help them sell online.
13. Wedding Supplies – Amazon Online Business Ideas
Lastly, this is another Amazon online business idea that is lucrative and profitable.
If you are the type that like decorations and materials, you can consider this business.
You can advertise and sell wedding supplies on the Amazon store.
There are different wedding supplies you can start with, such as; party decorations, groom outfits, bride’s outfits, bride’s maid outfits, wedding gowns gifts, and so on.
Steps On How To Start An Amazon Online Business
If you want to start any business on Amazon, there are some steps you should follow.
The steps are;
Creation And Registration Of Account
An important step you should follow is creating an Amazon seller account.
After you create, you should choose a plan.
There are two plans you can choose from.
Firstly, you can choose an individual plan where you will be charged per what you sell.
On the other hand, you could go for a professional plan.
In this one, you will be charged an annual fee regardless of how much you sell.
After that, you fill in some personal information like your credit card information, a bank account number, and a routing number.- you’re all set.
Choosing Your Niche Or Product
The second step in becoming an Amazon seller is choosing your product or niche.
When becoming a member or seller, you should choose what you want to do on the platform.
There are various niches or products you can choose from, such as fitness wear, home decor, office supplies, etc.
Source For Your Product
Another step is sourcing your products from a reliable supplier.
If you want your customers to get their goods quickly, you should get a reliable manufacturer or supplier.
Finally, you should figure out the best shipping fee and the time rate for delivery.
Listing Of Products
After you have gotten the above settled.
The next step is to list your products.
You should list your products on the Amazon store to reach a wider audience.
Also, you should upload high-quality product images to attract more customers.
Furthermore, you should add price to your products.
When adding price to your products, you should include; FBA fees, storage fees, Amazon referral fees, and any other thing that costs you to start the business.
Launch Your Amazon Business
Lastly, after you have completed the above steps, you should launch your business and start selling.
You can decide to brand a product with your logo.
However, there should be an agreement between you and the product’s manufacturer.
You should also promote your business on Amazon ads and optimize your products page for organic ranking.
This will help you to grow your business and revenue.
You should also include customer reviews to improve your credibility and attract potential customers.
Conclusion On Amazon Online Business Ideas
Whether you are looking for a low-cost or high-cost business to start, or you need a part-time or full-time business, these Amazon online business ideas will give you just that.
So, decide on what you want to do and get started immediately.
However, note that this is not a get-rich-quick scheme.
So be willing to put your efforts in the right direction to see the profits you desire.
Overall, you’ll reach your goal with patience, tolerance, consistency, and commitment.