6 Ways To Get Rich Online Fast – GOBankingRates

Amazon is one of the most popular places to shop online for, well, just about anything. That’s even more true due to the pandemic, and now, people are building entire businesses built around selling products on Amazon. “Covid was a blessing in disguise in a way that it made big companies realize that the future is everything online,” says Brandon Wilkes, Marketing Manager at The Big Phone Store.

“People shifted to online shopping/selling,” Wilkes says. “According to stats, 44% of Amazon sellers said that their business performed better in 2020 due to the global covid pandemic.”

A report from JungleScout on Amazon sellers says that the average new seller makes between $2,451 per month or $29,412 in annual profits. While that isn’t very much, the report also says that a handful of new sellers are making upwards of $250,000 per month in sales. While the report notes that these sellers are outliers, it shows what is possible with this type of business.

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