In this new day and age, technology reigns supreme. We are living in a time where opportunities are readily available to those with the courage to become the new rich.
With the introduction of the internet in the early 90’s, we have a wealth of information at our disposal. The world is now a bit smaller thanks to intercontinental communication via internet chat, email, and phone calls. We can now contact anyone on earth with relative ease and simplicity.
With all these technological advances taking control over, life is now easier than ever. The old 9-5 isn’t cutting it anymore, and digital entrepreneurs are on the rise.
What’s not to love about scheduling your hours and making money in your pajamas? These digital nomads live a lifestyle of freedom and non-conformity that is unrivaled.
When you get the taste of flexibility and liberty you may never to return, and who could blame you?
Ultimately, life is about living on your own terms and positioning yourself in such a way that you have the ability to do what you want, when you want, with who you want.
It’s an incredible time to be alive, and you would be a fool not to take advantage of such opportunities.
The Online Market Place
Chances are you do a portion of your shopping online, with the convenience of purchasing items in your living room and receiving them days later what’s not to love?
From yoga mats, books, and now groceries you can buy anything you desire on the web. No more parking, waiting in lines and commuting through traffic to find that one sweater for your dinner party. Just type in the search bar and voila a brand new item ready to go.
Now let’s switch gears, instead of being the consumer, what if you were the provider. You sold the sweater and received all the benefits of the sale without the hassle of running a retail store. With the help of e-commerce giants you now have the opportunity to reap the rewards of this new economy. Here are the 3 sure-fire ways you can make a killing in this new e-commerce era.
Amazon has a fulfillment program that can be used to sell products while keeping you relatively hands off. Amazon FBA provides the service of storing, delivering, and providing customer service for your goods while taking a percentage of the sale.
All you have to do is create the listing and ship the products to the warehouse. This is a perfect set up for entrepreneurs ready to cash in on the Amazon craze. Jeff Bezos has done all the hard work by constructing this new economy the least you can do is take advantage.
By doing market research and contacting manufacturers you can find a profitable niche that can supplement your income or become a full-time job. Now it does require work to find and source products that you can cash in on but thousands of people are already making profits via this incredible service. The real question is why not you?
Although Amazon has become the new e-commerce giant eBay is still quite popular. If used correctly there can be big paydays via this auction-style platform.
With options like buy now and the reserve setting you can ensure a degree of profit without the risk of losses. Now the major difference between eBay and Amazon is that you will have the responsibility of shipping your products on eBay.
Most sellers on eBay take advantage of retail arbitrage which is finding low-cost products in person and selling them for profit on eBay.
Now, this requires more running around but it can become incredibly lucrative if you take the right approach.
Unlike the first two examples, however, you must build a website via their Shopify builder. They have many tutorials and guides on how to create your own, and they charge a monthly subscription fee for using this platform.
For as little as $29 a month you can build a website and make your money back in one sale.
The name of the game when it comes to Shopify is drop shipping. You need to find a product and connect the provider with the customer. Then you can profit the difference without ever touching a product.
If done correctly you can make a substantial amount of money while never investing in actual products. It has a two-week trial that you can use for free and if it doesn’t work you can cancel and receive your money back. It’s a win, win.
Now is the time to cash in on the big E-commerce boom. With all these platforms it makes 10x easier to get a slice of the pie. With the possibilities of becoming your own boss and potentially becoming location independent what’s not to love?
Are you are cashing in on the e-commerce wave? Do you have any ideas that can become major hits? Comment below 👇 and let us know what you’re doing to make extra cash.