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Sellers’ Future on Amazon/eBay/Online (and where YOUR opportunities are)

Think the Amazon marketplace is too cluttered with sellers? How about eBay? 

Jim Cockrum (10x smarter and 10x more successful than me) weighs in with his view of 'where the growth is' for e-commerce merchants (like you and me) with his just-released video.

In sum, he says (and I agree):

1. There is still lots of opportunity/growth selling profitably on eBay (although it's going to get a smidge harder/more competitive in the next 5 years).

2. There is still lots of opportunity/growth selling profitably on Amazon (although it's going to get a smidge harder/more competitive in the next 5 years).

3. What's almost always a losing battle and a LOT of work? Trying to sell physical products 'on your own' with your 'own' e-commerce site (instead of on Amazon/eBay). Note that I said selling 'physical' products, not selling 'information'. More on that in the next paragraph.

4. The future is bright and WIDE OPEN to earn acknowledgement as a 'trusted expert' in a niche topic (and get paid for your help). Example: Jim and myself are considered 'Amazon selling experts' by many. There is still PLENTY of room for other 'Amazon selling experts' to jump in (highly successful Andy Dew and Jessica Larrew are two that jumped in roughly 2 years ago, and they're just CRUSHING it by selling their expertise). There are other areas in the Amazon or eBay 'eco-system' that could use experts like you right now.

Note: your expertise could really be almost any niche topic - not just Amazon/eBay. See, consumers and businesses have pain points for a number of things they need solving - not just 'making money.' If you're an expert in something that resonates with an audience, you can capitalize on it, but you have to totally immerse yourself in 'it', whatever 'it' is, and prove yourself as an expert in that niche.

How do you plan to make more money in the near future?


{ 2 comments… add one }
  • steve pastore June 24, 2016, 4:56 pm

    Hi my name is Stephen. I am a 22 year old aspiring entrepreneur. Im gunna try and be as brief as possible. So basically I just want to know what kind of money I can expect to make from an import/export business? I know this a very vague and general question that doesnt really have an answer but lets assume im an extremely hard worker thats gunna work 24/7 and things work out really well and lets assume that ill spend atleast 5-7 years on this business but more likely 8-10. Could i ever expect to make 5-10 million in a lump sum for myself after tax (not company revenue)? The other question is if the answer to that question is no, would you say that since i have very little contacts/ideas/experience and just dont know where to start, is it a good idea to consider an amazon import business as a good way to gain that valuable experience/contacts and ideas im looking for that will EVENTUALLY LEAD me to a big opportunity where I would be able to build a very big business like for example something that produces around 50 million in sales or gets acquired for 50 million etc? like basically would an amazon import business be a great teaching tool/gateway or a springboard to move on and graduate onto a much bigger opportunity? I understand i sound just like and ignorant naive money hungry kid that doesnt know his ass from his elbow but if you could help me out with these concerns id appreciate it greatly and I understand completely this is hard question to answer but anything helps. Thank you.

  • Mandy March 20, 2014, 7:20 pm

    One other opportunity related to info products is to offer online classes. I teach online as my day job and have been thinking about doing more independent teaching work. I could see people paying for one-on-one instruction in sourcing, writing strong listings, blogging, etc.

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