eCommerce titan Amazon is an industry-leader worldwide and presents a broad range of business opportunities. Over the past two years, Amazon has experienced explosive growth, fueled by the novel Coronavirus’s widespread effects. As a byproduct of Amazon’s astronomical growth, they have expanded into new territories resulting in more business opportunities than in years past.
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A new business opportunity surging in Amazon would be creating Amazon Alexa apps. The primary demand behind this opportunity focuses on selling Alexa Apps to businesses. By becoming an Amazon Developer, you can acquire the Alexa Skills Kit (ASK), enabling innovators to create content (known as skills). These skills are similar to apps, and they are available in Node.js, Python, and Java.
Becoming an Amazon Delivery Service Partner is a powerful business opportunity for driven individuals looking to be successful business owners. As an Amazon Delivery Service Partner, you operate as the owner, will operate with up to 20 to 40 vans, and manage between 40 to 100 employees. This opportunity is for grinders, as Amazon operates all 365 days of the year.
Amazon Delivery Service Partner Figures
- Startup costs are as low as $10,000.
- Annual Profit Potential ranges between $75K to $300K.
- Annual Revenue Potential is between $1 million to $4.5 million.
Another Amazon business opportunity picking up steam would be selling Amazon Web Services (AWS). Constituting 10% of Amazon’s total sales in 2020, AWS is used by more than 90% of Fortune 100 companies and the majority of Fortune 500 companies. As businesses join your AWS Partner Network (APN), Amazon unlocks funding benefits that help you capitalize on further expansion.
Amazon Web Services is projected to grow significantly in the years to come. In the fourth quarter, AWS revenue was $12.7 billion (up 28%). Compared with the fourth quarter of 2019, AWS’s net sales increased 42%. As demand continues to rise, more business opportunities are available.
Two other business opportunities available with Amazon include dropshipping through FBA (fulfilled by Amazon) and becoming an affiliate marketer (Amazon reduced affiliate commissions due to being overburdened by the pandemic). While these two options aren’t as high-potential as AWS partnering and ASK development, they have been tried-and-true over the years.