5 Ways to Make Money Buying and Selling Online
Have you ever considered how much money is being made from ecommerce? According to a report by Goldman Sachs, the global ecommerce market will continue to grow at a rapid pace over the next decade. Online shopping has been on the rise for years now and it doesn’t look like its slowing down anytime soon. This is good news for those of us who have spent time online looking for ways to make money. There are many different ways that we can earn an income through our shopping habits- some more popular than others. BlueSnap is going to discuss 5 different methods of making money while doing what we love: buying and selling online!
The first thing we’ll discuss is making money from buying and selling on Amazon.com . If you’re not familiar with this website, it’s a giant online store that sells millions of different products. It was started in 1994 by two guys who were working at hedge funds and got bored one day when they realized there wasn’t any place to buy things online other than through eBay which had just recently come out- so they decided to create their own shopping site! Fast forward 20 years later: They’ve sold over $100 billion worth of product through amazon, have an Alexa rank of 154 (which means its the 154th most popular website), over 300 million active customer accounts worldwide and yet still maintain a super clean reputation as far as being trustworthy goes. All around, it’s a great place to buy and sell products.
One of the ways we can make money through Amazon is by becoming an Amazon Seller. This involves setting up an account on their site, listing some of your own products for sale, and then shipping them off to the customer when they’re ordered. You’ll need to factor in things like shipping time, cost of shipping materials, and how much you want to charge for shipping (Amazon takes care of the rest). If you’re not sure what to sell, don’t worry- there are plenty of resources out there that will give you ideas based on trends or what’s currently popular.