Are you influenced by the success stories of Amazon sellers? Do you want to start your Amazon online business? But, you do not have money for it?
You do not have money, it does not mean you cannot be an Amazon seller. Yes, you can start the Amazon business with $0 investment.
Best ways to start an Amazon business with no money
Sell used or old items
Look into your home, you will find old clothes, book, mobile phones, accessories and other stuff. Prepare a list of unwanted items and get it listed on Amazon.
Is listing free on Amazon?
Amazon is a home of millions of products. Search for a product you want to sell on Amazon, chances are 99% that you get a pre-created listing. List your product on the same listing. Add price, condition, and listing type (FBM). When you receive an order, ship it to the customer.
If you did not find any active listing for the product, you will need to buy ASIN in order to list them on Amazon. You can buy it as cheap as 100 UPC codes/$3-10 at eBay.
Dropshipping
Another best model for peers who want to start an Amazon business with no money is dropshipping. Check a product on Amazon and compare product prices on eBay, Walmart, and other eCommerce sites. Prepare a list of products selling at low prices outside Amazon with good profit margin.
List your product on the existing Amazon listing under FBM (as described in the above screenshot) . Once you receive an order, pay the vendor/drop shipper, they will process it to the customer’s address. You will just need an approved seller central account to start your Amazon journey.
Get fund to start Amazon business online
Take FBA Loan
Banks, loan institutions, and Amazon itself offers FBA loans to start an Amazon business with little money. You can discuss with such groups, show them your plan and necessary documents and get the fund approved to start your Amazon FBA journey.
Investment/Partnership
Amazon FBA is a profitable business. Most of the investors and people are opting for it. Discuss in your network regarding this business. You will find a potential funding source for it. Talk to a friend who might be interested to start FBA with you in a partnership or can introduce you to a potential investor.
Do a job and save money
If all the above methods would not work for you, then surely do get a job and make savings. For an Amazon FBA business, one needs at least up to $2000-3000 to start FBA business to fund goods, labelling, PPC, and other expenses.
Even, you could do a part-time job and count that money for Amazon business only. Things will demand you 6-7 months of hard work. But, in the end, you will have a fund to establish feet as an entrepreneur in the Amazon world.