Amazon, eBay, Etsy, etc. are some of the popular eCommerce sites. These sites have huge traffic and registered buyers. Therefore, you can also use these sites to build an income. Interestingly, you do not have to do a lot of work to build an income on eCommerce sites, therefore, it si completely passive income. Once you list your products for sale, you will have to run ads on these eCommerce sites or social media platforms to generate sales, and you will start making money on auto pilot.
Building Passive Income on eCommerce Sites
- Thread starter nomad
- Start date
I personally really love Etsy. I have even sold on there my ve own handmade jewelry. In my spare time, I love to look at their products a lo. You could say that I’m addicted to it personally. Amazon, I have personally bought a few things from there here, but not so regularl. EBay, person, I have never visited them. They’re either very cheap stuff or 2nd hand things.
There are many people who are making good money on sites like Ebay and they are also involves with dropshipping as well. There are a few institutes that offer exclusive courses and people earn good sum of money.
E-commerce is a very good way to generate income and I am keen to also put in my head in this type of investment because a lot of people that I know engage in this type of business are making sizable amount of money from it.
Well this is very interesting getting to know that one can make money from e-commerce on sites like Amazon and eBay but they thing there is one needs to know how to do the right thing on e-commerce before they start earning right.
The only semblance of me building a passive income source on e commerce platforms is that I have a book that I am selling on Amazon. I occasionally get some credit alerts to indicate that the book has been ordered by someone.
For a person to excel in earning passive income through ecommerce sites, he/she needs to create service/s or product/s that are acceptable to the target customers.
So yes. This is a viable avenue but it requires one to put in significant effort up front. Further, to remain relevant, a person should keep tabs on market trends and make the necessary adjustments in his/her offerings.
So yes. This is a viable avenue but it requires one to put in significant effort up front. Further, to remain relevant, a person should keep tabs on market trends and make the necessary adjustments in his/her offerings.
There are many ways to generate income through E-commerce websites. The fact of the matter remains that you could start dropshipping and you could even sell items directly yourself as well on such kind of websites.
Selling books on Amazon is actually very lucrative, though i have not done it myself, but i have heard people who claim to have done it and from the looks of things they are doing pretty well.