Amazon has definitely become a major platform for doing business today. Among the various modes of earning money in Amazon, which ones will give a clear path to financial freedom?
In this episode, I introduce you to two models that you should really consider if you want to put up a profitable Amazon business - selling physical products through Fulfillment By Amazon (FBA) and selling books through Kindle Publishing (KDP).
I share tips on how to get started with FBA and KDP. I also cover the two models’ various advantages along with some minor challenges and ways to overcome them.
Tune in now and find out which between these two will work better for you!
Episode Highlights:
- Introduction [00:00]
- The biggest positives of both FBA and KDP models [01:56]
- The incredible cash flow FBA provides [3:47]
- A downside on Amazon products and how you can cover it [6:54]
- The fulfillment by Amazon and you [8:02]
- What entails doing KDP with Amazon? [12:50]
- The amazing difference between KDP and traditional publishing [16:03]
- Some minor issues with the KDP and FBA [23:45]
- Tips for getting started with KDP and FBA [27:33]
- KDP vs. FBA: Which works better for you? [29:28]
Resource Links:
- Take the Strengths Finder Quiz and discover what kind of entrepreneur you are: https://www.aspiringentrepreneurs.com/
- Get a copy of my book ‘Aspiring Entrepreneurs: A Guide to Finding Your Best Path to Financial Freedom’ https://www.aspiringentrepreneurs.com/
- Sign up for the Freedom Navigator Workshop https://www.aspiringentrepreneurs.com/courses
Connect with Aspiring Entrepreneurs:
- Aspiring Entrepreneurs Website: https://www.aspiringentrepreneurs.com/
- Sophie Howard YouTube: https://www.youtube.com/channel/UCV7xz4RSPa8_pxDcXDJ83uQ
- Sophie Howard Instagram: https://www.instagram.com/sophiehoward_amazon_seller/
- Sophie Howard LinkedIn: https://www.linkedin.com/in/sophiehowardnz/
Thank you for tuning in! If you found this episode valuable, please be sure to subscribe so you can stay updated whenever I post new episodes.
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