Setting up a reselling side hustle can bolster your income to help you reach your financial goals sooner
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Setting up an Amazon dropshipping side hustle is a simple endeavour and one which, it turns out, can pay off quickly. As reported in the BBC , people who set up dropshipping enterprises can quickly earn huge sums of money, without even touching the product they’re moving.
One example is Gabriel Beltran, who moved from Uruguay to Miami with dreams of being a professional drummer. He ended up making over $20 million through the pursuit known as dropshipping. From the BBC report: “In bedrooms around the world other savvy individuals are getting rich the same way. The sellers never see their products. They typically remain completely anonymous. And their marketing reaches hundreds of millions of people.”
While it might be easy to set up such an operation, the process can be made smoother, and the losses lesser, with some preparation and prior learning. The trick is to master dropshipping and Amazon reselling concepts such as Fulfillment By Amazon (FBA), online advertising, product research and sourcing, scaling your business, using Google Trends, and launching a brand that connects with potential customers.