Amazon, eBay, Etsy, Shopify… just to name a few.
What do all these names represent?
Places you can buy things, but for our purposes, places you can SELL THINGS.
I personally have sold on all 4 platforms.
I run a Shopify store with a partner which has done over $1 million in revenue in 2018.
I also take a lot of those products from the Shopify store and sell them on Etsy and eBay.
Etsy is great for people that love sentimental and/or personalized gifts. It actually does better for us revenue-wise than eBay. And it is integrated with Google Shopping.
Amazon is the place I LOVE to shop. Seriously I’ve had my Amazon account longer than some of you have been on this earth.
YEP! Back when it was just known as an online bookstore and Jeff Bezos had no net worth to speak of. That $300,000 loan his parents gave him sure paid off huh?! Anyways yep Mr. Seed Planter has been a fan of Amazon since he was just a college seedling trying to figure out the world.
I did do some Amazon drop shipping a few years ago and I made some money but the reality is Amazon frowns about drop shipping, and they have a lot of red tape to get through. It’s great as an income stream but no one should try and live off Amazon alone. Also the better and safer option there is to do Fulfillment by Amazon where you ship your products to them and they will handle the rest for you. It requires a lot of capital though so not newbie friendly.
Shopify is the best in my humble, but accurate, opinion. Why? Because it’s YOURS, you own it, you build it. It’s your asset to potentially sell at some point and there isn’t as many hoops and red tape to go through. Just follow Shopify and Stripe’s (if they are your merchant) simple rules and you will be fine in terms of compliance.
Now take some time and check out all the mentioned platforms because I will teach more on them individually as they are all still income streams that you can build and outsource.
Seed Planter Out!