Is it too late in the game to start an AMAZON Store?
Nope! Consumerism is at an all time high and isn't expected to be on the decline anytime soon. The amount of goods Amazon moves is astounding. Remember, while the vast majority is sold to the US, because we just cant get enough apparently, they sell a huge amount internationally.
I was looking through Helium, which is a popular product reference tool that i like the best just due to the user friendly nature of it. (Link below for a free trial, which I recommend, and using my link is a fantastic way to help me keep passing on knowledge to the world) While using Helium, I found a person who was just selling a desk fan, and making over $15,000 per month! Yeah there are over head expenses but it's safe to say he'd take home around 33% of that, and with that just being one product (I'm sure they list others) I'd say he's doing alright. Most interesting thing about that particular product, there was no competition. He was the only option for that particular fan. If someone came in with a similar fan, undercut him by $1, and just waited, you could easily pull $14,000 in a month. Though that'd be really mean and it's better to make friends in this business than it is to just go around terrorizing other hardworking people, but still.
Amazon is a great place to make money and there are so many different options to do it. This was just an example of the Amazon FBA (Fullfillment by Amazon) category. Which, like I said, is a fantastic business channel. However this area with Amazon does take a good amount or research and patience. Just jumping in and listing 1000 desk fans isnt going to be your Hail Mary! pass to the goal. Use the tools available for this business channel. Spend the money. Be smart about your choices, don't necessarily list what you want, but what 20,000 people are going to want. I have an article that not only lists out the steps it takes to actually start an Amazon FBA store, but also a few of the tools that i found most useful along my journey. I, to this day, still haven't listed an item and have spent a substancial amount attempting to. But this is why I am sharing this priceless insight, so you don't get caught in the same trap I did. Its a fantastic way to make money, but I have no passion for retail, and it's something I quickly got bored with.