UAE: If you were looking to start an online business while at home, here’s how to do it on Amazon

  • Date: 29-Apr-2021
  • Source: Gulf News
  • Sector:Economy
  • Country:UAE
  • Who else needs to know?

UAE: If you were looking to start an online business while at home, here’s how to do it on Amazon

Dubai: If you are someone who hardly has any money left over at the end of every month, with your salary disappearing as quickly as your expenses are deducted from it, it may be time to generate an income on the side without getting yourself another job. When it comes to side hustles, if you plan on earning money by selling products online - considering the pandemic has evidently led to a surge in digital interaction among buyers and sellers - there has been one such income-generating avenue that has been growing increasingly popular. Retail industry analysts have often evaluated how selling on Amazon is a good way to start a small business with only a little bit of money, particularly as you don't need to necessarily take out a bank loan to start selling on Amazon, unlike when you start most other businesses. As Amazon also deals with third-party sellers (independent sellers like you), and not just licensed sellers, it was interesting to note in 2020, nearly half of all Amazon sales came from third-party sellers and not Amazon directly. Research also showed that about two-thirds of sellers are using the FBA platform. Anyone can sell on Amazon, provided