Sunday, June 10, 2018

Selling On-Line - Passive Income?


More than once I have bumped up against the notion that selling on-line on Amazon is way to make passive income. There is no way in the world that selling on Amazon is a way to passive income! Passive income is things like buying 100 shares of IBM and receiving a dividend check from them every quarter for the next 50 years. Passive implies lack of activity. Amazon is a business that you must actively work at. I downloaded a sample book on my Kindle once on making passive income. The first chapter was all about using Amazon as passive income, which is ridiculous. Even the jokers that steal everyone's listings and then use other sellers to drop ship the purchases, still must do some work. An Amazon business doesn't run itself while you lay on a beach somewhere drinking Pina Coladas.

Steer clear of any book that implies selling on line is an easy, fast way to make money. Or a passive way to make money even more so. The writers are appealing to the lazy folks who think everyone else got 'lucky' making money on Amazon! Way too many people in our world that want quick cheap fixes to their lives, but real change and a real business, only comes about by WORK.

As to books on selling on Amazon, sorry, I haven't looked for any in a long while. You want to go to Seller University at Amazon to learn the ins and outs of selling there. For actual books on selling on line, specifically on Amazon, look for recently written books on SEO, running a business, keyboards, etc.
  all those areas that benefit a selling by having the knowledge to know what makes a good key word or why your listing gets no traction on search engines. I have also found over the years, if I am curious about a topic, I will go to the Kindle store and download samples of 10 recent books about selling on Amazon, selling on line, Pinterest, etc. Samples of books encompasses the first 10% of a book so a 300-page book would give you the first 30 pages including title page, etc. But you might get the whole 1st and possibly part or all of the 2nd chapter and by reading that info for 10 different books, you will have gleaned a lot of ideas that you can put into practice or investigate further. I used this technique to understand how to get followers on Pinterest and within two years I had 10,000 followers and in two more years over 22,000 followers. So, this crazy way of learning things does work, and it is FREE! If you find a really great book when reading the sample, you can always buy the book.

 
 

 

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