5 Reasons Why You Should Start an Amazon Business Today
Amazon, the world’s largest online marketplace, has 2.5 million sellers currently selling on the platform (Marketplacepulse, 2019). There are approximately 200,000 sellers with more than $100,000 in sales, and 25,000 with more than $1 million in sales. That is HUGE and just goes to show what a massive opportunity Amazon can be if you’re willing to go all in and do the work.
Many of you reading may have been toying with the idea of starting a business on Amazon for a while, but haven’t quite gotten around to it yet. Others may not even be aware of the massive potential that Amazon has in changing lives. But whoever you are and wherever you are in life currently, if you’re not happy with your life or know that it could improve, I can’t emphasise enough just how incredible building a business on Amazon can be and why you need to stop holding yourself back and START TODAY.
I could share tens, probably hundreds of reasons why you should start an Amazon business today – but rather than keep you away from taking massive action by reading them all, in this blog post I’m sharing 5 top reasons that came to my mind straight away, of which I’ve experienced the benefits of first-hand in my own journey. Let’s go! 👇🏼
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One of the main reasons I started my own Amazon business back in 2015, was because the company I was working for as an electrical engineer was experiencing some difficulty. This left me on edge and uneasy in regards to job security, which was how I knew that it was time for things to change and time for me to build something of my own.
Having a business that you’re in control of, that you own, that you manage, that you can grow, adapt and evolve is a massive advantage that you can have in life. You don’t know what challenges life will bring and let’s just take the global pandemic of 2020 for an example: coronavirus affected us all in so many different ways, especially companies, people’s jobs and careers. Many have been left unemployed or without wages and this has all been completely out of their control.
What many online business owners have experienced this year is the protection that their business provides to their livelihood. Being in control of your own livelihood is so important in terms of protection, ensuring that no matter what twists and turns life brings, you have the power to change and adapt your business to ensure that you – and your family – are always okay.
2. Amazon itself!
Amazon is a global e-commerce GIANT with more than 197 million people getting on their devices and visiting amazon.com every single month. Since its creation over 25 years ago, Amazon has put so much into their own development, gaining the trust and loyalty of millions of customers worldwide.
Now a household name and with $232 billion in net sales every year (with that number only increasing!) it doesn’t look like Amazon will be going anywhere! That’s why if you’re looking to start your own business, starting a business on Amazon is a pretty good way to go.
3. Physical products
There’s no doubt that the world is never going to stop needing physical products. And with Amazon being an online marketplace of physical products, as a seller, you know there will always be a need for what you’re selling.
Whether you start selling groceries, other essential goods, pet food, cleaning products, sports goods, gardening equipment or whatever else it might be, when you’re selling a physical product you know that someone, somewhere will need what you have to offer.
So if you’re wanting to start your own business, selling products online is the perfect place to start. Service-based business is different: there may be times where there’s low demand or no demand for what you have to offer – again, we’ve seen that proven through the global pandemic and how it affected the world this year.
On the contrary, the impact of coronavirus has quantum-leapt the world of online selling way into the future. Online sales have absolutely boomed throughout 2020 and online business is experiencing massive exponential growth. Take advantage and save yourself a piece of the pie TODAY.
It’s time that we as a human race stopped putting off our own self-growth for Monday, next month, the new year or some other time in the future. If you start your Amazon business today, you’re also setting yourself on the road to the most incredible journey of entrepreneurial development, self-growth and personal development.
Through starting an Amazon business, you’re going to learn so much! From financial management to time management; from marketing to productivity; from talking to suppliers to managing your own personal relationships, building an Amazon business will teach you so many invaluable life and business skills, that you’ll wish you would have just started earlier. But it’s never too late… so start today. 😉
5. Future expansion
If you’ve always had dreams of building your own personal brand and selling your own products online, Amazon is the ideal place to begin.
If you start out on Amazon where they already have traffic and a massive global base of customers, you can build your assets and then look to creating something completely of your own, and moving away from Amazon by redirecting customers to your own online stores.
The great thing about Amazon is that you can start from nothing today and build a future where you’re doing everything that you love.
But if you want to start and create an incredible future in online business, Amazon is a great place to begin.
Roy T. Bennet once said,
“The beginning is always NOW.”
So let’s begin.
Here’s to your massive success! 🙌🏼