I’ve been seeing a lot of posts on Instagram about how easy it is to make money through reselling on Amazon. The idea seems straightforward: find trending products that are selling well, source them from Alibaba or similar sites for much cheaper, and then sell them on Amazon for a significant markup.
What makes this model even more enticing is that Amazon supposedly handles the shipping for you. For example, one creator showed how a silicone Stanley cup divider sells for $20 each on Amazon, while it only costs about $2 on Alibaba. This definitely makes it seem like a lucrative opportunity!
But I’m curious—how legit is this whole reselling thing? Has anyone here tried it, and if so, what has your experience been? Is it a waste of time and money, or can it actually be a profitable venture?
I’d love to hear your thoughts and any tips or warnings you might have…
Reselling on Amazon can be profitable but has risks. It’s essential to research product demand, supplier reliability, and Amazon’s fees. Some succeed, but many face challenges.
I have done FBA before, and from my experience, you can definitely make money if you consistently search for deals in both retail and online arbitrage and send in packages weekly.
Although Amazon charges significant fees, using tools to analyze profit margins can still keep you profitable. One advantage of FBA is that you don’t need to market your products, as you’re sourcing items that are already selling well.
I recommend checking out SellerAmp. It provides comprehensive product details, including monthly sales, number of sellers, and price fluctuations. It also has a barcode function, allowing you to scan products in-store instead of entering the ASIN manually.
I found most of my success through Facebook Marketplace, where I bought new Lego sets at low prices and sold them within a week of arriving at the warehouse. This was just a trial, but if I were to scale up, I would keep track of deals at Lego retailers. Additionally, there are many communities, both free and paid, that alert members about deals on specific products.
One last tip: to get ungated in Lego, I bought 10 Lego Spider-Man keychains and submitted the invoice to Amazon. It’s common to break even or take a small loss when getting ungated. For example, when I got ungated for grocery items, I bought 10 Heinz Ketchups for $50 and ended up with 10 Ketchups due to high shipping costs. However, the volume of items I’ve shipped in the grocery category has more than made up for the small loss of getting ungated. Hope this helps!
Absolutely, reselling on Amazon is a feasible and popular business concept. In fact, third-party merchants resell the vast majority of Amazon merchandise. The most critical aspect of effective resale is selecting the appropriate product.
First, make sure the product is available for resale, as branded products frequently require approval before you can sell them. Furthermore, by carefully picking products with high demand, minimal competition, and large profit margins, you can improve your chances of success. Using tools like AMZScout can help you make data-driven judgments during the product selection process.
