Top Amazon Side Hustle Skills to learn in 2023

Are you looking for ways to make some extra money? Do you want to start a side hustle but don’t know where to start? Amazon is home to sellers who make a full-time income from their side hustles.

Amazon has an estimate of nearly 9.7 million sellers with 1.9 million active sellers in the first half of year 2022; and the majority of those sellers work a full time job (40+ hours a week) while others earn income from their Amazon business alone.

So, what does this mean for you?

If you’re looking to start a side hustle, there’s no better time than now. And, if you’re not sure what side hustle to start, we’ve got you covered. Here are the top Amazon side hustle skills to learn in 2023:

Amazon Online Arbitrage Side Hustle

Retail Arbitrage is one of the most popular side hustles online at the moment. This side hustle is for those who love to shop and find good deals. The premise is simple: find products being sold at a lower price on one site and sell them for a higher price on Amazon or another site.

The most popular site to do online arbitrage is on Amazon. You can find products being sold on other sites like Walmart, Target, and Best Buy and then sell them on Amazon for a higher price.

To be successful at this side hustle, you’ll need to be good at research and have an eye for detail. You’ll also need to be patient, as it can take some time to find good deals.

Startup Costs: Low

Potential Earnings: Medium to High

Getting Started with Amazon Arbitrage

To get started with Amazon Arbitrage, you’ll need to sign up for an Amazon Seller account. Once you have an account, you can start searching for products to sell.

There are a few things to keep in mind when you’re doing online arbitrage:

The first is to make sure that the product is being sold at a lower price on another site. You can use a site like SourceMogul to track prices and see historical data.

SourceMogul makes finding deals easy by identifying profitable opportunities much faster, meaning you get to make more money than the competition.

SourceMogul gathers products and pricing information in a number of ways – either by scanning the internet 24/7 for deals, by analyzing data lists that you upload (e.g. wholesale lists), or by scanning websites in real-time using our browser extension. It then shows the profitability of the products by comparing it side-by-side with the exact same item on Amazon. This can save you a lot of time and money!

SourceMogul also includes all of the tools you need to properly analyze the potential of any products discovered so that you can avoid any costly mistakes.

Why not try a risk free trial with SourceMogul today? You can get a 7 day free trial with no obligation to continue after the trial period.

The second thing to keep in mind is shipping costs. You’ll need to factor in the cost of shipping the product from the other site to Amazon. This can eat into your profits, so be sure to factor it in when you’re pricing the product.

The third thing to keep in mind is Amazon’s fees. When you sell a product on Amazon, they take a cut of the sale – this is called a referral fee. The fees vary by category, but they’re typically around 15%.

And finally, the fourth thing to keep in mind is that online arbitrage can be time-consuming. You’ll need to dedicate some time to finding deals and listing products.

If you want to learn more about Online Arbitrage, check out our What is Online Arbitrage guide for more information.

Amazon FBA Side Hustle

FBA, or Fulfillment by Amazon, is a side hustle where you sell products on Amazon and they handle the shipping and customer service for you. This is a great side hustle for those who want to make money on Amazon without having to worry about the logistics of shipping and customer service.

To be successful at this side hustle, you’ll need to find products that are in high demand and low supply on Amazon. You’ll also need to source these products at a low cost so you can make a profit when you sell them.

Startup Costs: Low

Potential Earnings: Medium to High

Getting Started with Amazon FBA

To get started with Amazon FBA, you’ll need to sign up for an Amazon Seller account. Once you have an account, you can start listing products for sale.

When you’re listing products, be sure to set the shipping method to Fulfillment by Amazon. This will ensure that Amazon handles the shipping and customer service for you.

You’ll also need to send your products to Amazon. They have fulfillment centers located around the world, so you’ll need to find the one that’s closest to you. Once you’ve found the fulfillment center, you’ll need to package your products and send them to Amazon.

Once your products are live on Amazon, customers will start buying them and Amazon will take care of the rest.

If you want to learn more about Amazon FBA, check out our “What is Amazon FBA and why should I use it?” guide for more information.

Amazon Dropshipping Side Hustle

Dropshipping is a side hustle where you sell products without having to carry any inventory. This is possible because when a customer buys a product from you, the supplier will ship the product directly to the customer. This is a great side hustle for those who want to start an online business with little to no upfront costs.

To be successful at this side hustle, you’ll need to find a niche market and build up a customer base. You’ll also need to find suppliers who are willing to dropship their products to your customers. You can read more about dropshipping on Amazon with minimal startup costs in our handy guide: Dropshipping on Amazon without money – is it possible in 2023?

Startup Costs: Low

Potential Earnings: Medium to High

Getting Started with Amazon Dropshipping

To get started with Amazon dropshipping, you’ll need to sign up for an Amazon Seller account. Once you have an account, you can start listing products for sale.

When you’re listing products, be sure to set the shipping method to Dropship. This will ensure that the supplier ships the product directly to the customer.

You’ll also need to find a supplier who is willing to dropship their products to your customers. There are a few ways to find suppliers:

You can use a site like Alibaba (or any other wholesaler) to find suppliers who are willing to dropship their products.
You can also contact manufacturers directly and ask if they’re willing to dropship their products.
Once you’ve found a supplier, you’ll need to add their products to your Amazon listings. When a customer buys a product from you, the supplier will ship the product directly to the customer.

Amazon Handmade Side Hustle

If you’re a creative person, then you could make a lot of money selling handmade products on Amazon. This side hustle is all about creating unique products and selling them to customers.

To be successful at this side hustle, you’ll need to be good at marketing your products and creating quality products that customers will want to buy.

Startup Costs: Low to Medium

Potential Earnings: Medium to High

Getting Started with Amazon Handmade

To get started with Amazon Handmade, you’ll need to sign up for an Amazon Seller account. Once you have an account, you can start listing products for sale.

When you’re creating your product listings, be sure to select the Handmade category. This will ensure that your products are listed in the correct category.

You’ll also need to create quality products that customers will want to buy. Be sure to take good pictures of your products and write compelling product descriptions.

Amazon Private Label Side Hustle

If you’re looking for a more hands-on side hustle, then you might want to consider Amazon private label. This side hustle is all about finding products that you can brand with your own label and sell on Amazon.

To be successful at this side hustle, you’ll need to find a good manufacturer and create a quality product. You’ll also need to create a good listing for your product and market it effectively.

Startup Costs: Medium to High

Potential Earnings: Medium to High

Getting Started with Amazon Private Label

To get started with Amazon private label, you’ll need to sign up for an Amazon Seller account. Once you have an account, you can start looking for products to private label.

You’ll need to find a reliable manufacturer that can produce quality products. Once you’ve found one, it’s a must to order a small batch of products to test.

After it passes the test, you can start listing your product on Amazon. Be sure to take good pictures of your product and write a compelling product description. You’ll also need to come up with a good price for your product.

There can be a lot of competition for some private label items, as manufacturers will sometimes sell the same items to multiple retailers with different branding and logos. If you want to avoid this, you need to either choose a manufacturer who will offer you exclusivity (which can involve large minimum order quantities), or find a product that has not yet taken off. There can be big opportunities for sellers who can find the ‘next big thing’ and establish good reviews and sales volume before other sellers catch up on the trend.

There you have it! These are just a few of the many side hustles you can start in order to make money on Amazon. So what are you waiting for? Get started today and see how much money you can make!