At Least 6 Online Business Models To Build Alongside Amazon FBA For Multiple Streams Of Income

In this blog post, we will share with you at least 6 other online business models which you could build alongside Amazon FBA. 

These online business models are fantastic opportunities which you may want to consider. The reason we say, “alongside Amazon FBA” is not because of shiny object syndrome, it is simply about thinking long-term.

Learn more on Shiny Object Syndrome here:

Amazon FBA is an incredible opportunity, whether you have got an online arbitrage business, a retail arbitrage business, a wholesale business or you are doing private label. Whatever you are doing right now, taking advantage of Amazon FBA is fantastic - to be able to start your own business by utilising them is incredible. 

However… We always want to consider long-term - thinking 5 - 10 years ahead.

The online landscape through Amazon - these different online businesses models are constantly changing. So, as the business owner, you have always got to be thinking one step ahead.

This blog post is going to share with you some business models which you could be building simultaneously - this is about being smart and thinking long-term.

Affiliate Marketing

Affiliate marketing is a fantastic business model and here are 3 reasons why:

 Affiliate marketing is very beginner-friendly; anyone can get started with affiliate marketing with very little upfront cost. The truth is, social media platforms nowadays and all the different options that we have which are free, gives you the opportunity to get started with very little expense. 

The beauty of affiliate marketing is that you don’t have to create the product or do any customer service of those products, but what you have to remember with affiliate marketing, is if someone has a problem and there is a solution out there that you can recommend which you know is a good solution to that problem, then you are just the middleman. And what’s going to happen is, these services are going to offer you some money.

And what you can do, if you are in a position to recommend other products and services, then you can offer a solution to them. This solution could be on absolutely anything. 

If you are building an Amazon business, it doesn’t have to be Amazon-related products; maybe you are interested in health and fitness. If you have experienced something positive and they have an affiliate programme, and you have the ability to recommend different people to different services, then it is a fantastic opportunity for you.

Info Products

Info Products is once again a fantastic business model for you to get involved with.

Information products could be anything you are sharing - a course, information, whatever it is, information products are really good, because once you have created them once, you should be able to give it some maintenance and try and improve, but the work is already in the front end. You are creating and designing something and developing a strategy around something. You are then going to make it available once again for you to direct people, too. 

For example, you could build a course out on Udemy or Kajabi. There are many different platforms out that which you can use.

Info Products are a great way to learn other skills. You are going to learn skills on landing pages, copywriting, how to connect different payment platforms and much more. This itself can earn you a lot of money.

Digital Products

Digital products can be anything which someone downloads. For example, let’s say it’s a Kindle book, it’s a digital product which someone can easily just download. It can also be classed as Info Products as well, but the reason it is slightly different and it is more Digital Products is because what Kev did, is he created master spreadsheets, template PDFS, which you can easily download. So, this is slightly different from an Info Product - it’s a Digital Product. 

If you have the ability to recommend people to Digital Products, you can make money over this, over a period of time. 

Just like an Amazon business, just like any business, it takes time and you have to build it. But, this is just something else which you can build alongside. 

Expert Services 

For example, you have done some graphic design or you have done some video editing, you can make yourself available for some freelancing. 

In kev’s case, if he really wanted to and still in a position to make himself available, Kev could have provided his expert service as a consultant back in the Steelworks.

You could maybe in a profession which you have done and you are building your Amazon Business, and you are also an accountant for example, you could provide your expert services and build your multiple streams of income. Another example of this, could be a prep service. A prep service is a fantastic opportunity for anyone with Amazon, if you are able to get a warehouse - you can provide this as an Expert Service.

Consulting and Coaching

You could offer to consult and coach people. If you have the expertise and you know what you are talking about, people will be willing to pay you - this is a fantastic opportunity, This is not all going to happen overnight, but it is a fantastic opportunity and you are taking advantage of the internet. You are not putting all your eggs in Amazon’s basket, you are diversifying your ability to make money for yourself, your family and your business. 

Events and Masterminds

There is a huge need with this information age, with this ability to create business online - there is a huge disconnect from people just being able to see each other. There is a big disconnect of people just being able to meet other people, because everyone is just at home trying to build businesses online. If you can put an event on, people will be willing to come to that, whether it is free or ends up costing. 

The point is that there is a need, and there are communities out there that want to come together. You cannot replicate the in-person experience via online.

Further Reading:

7 Hard Truths About Amazon After Speaking to 50+ Amazon Sellers

5 Hard Truths Why People Fail with Online Business

5 Painful Truths Why People Fail To 100% Automate Online Arbitrage