Amazon

What: Amazon allows consumers to sell anything from jewelry to books, movies, clothing, furniture usually for a relatively modest fee.

Expected Pay: NA

Husl$core: $$$$

Commissions & Fees: variable (see review)

Where: National

Requirements: Have something to sell and be legally able to sell it. 

Review:

The world’s largest online retailer will help you unload your new and used products in exchange for a listing fee (.99 cents for non professional sellers) plus a referral fee. Referral fees range from 8% to 15%, but are higher for some items, such as Amazon device accessories (45%) and inexpensive jewelry.

However, if you’re selling costly jewelry or watches, Amazon has some of the lowest fees out there — 5% for jewelry that costs more than $250; and a staggered fee for watches — 16% for values up to $1,500 but just 3% above that amount.

Caveats

There are a couple of caveats. First, you can get booted from Amazon’s marketplace if you get complaints about quality or customer service. And it doesn’t have to be a large number of complaints. Moreover, Amazon sometimes jumps in to compete with big sellers with it’s own products. On the bright side, you’re less likely to run into professional scammers on Amazon than you are on CraigsList. Of course, CraigsList lets you sell for free.

Recommendations

eBay or Craig’s List may be better choices for selling items like furniture and clothing (both subject to a 15% referral fee at Amazon). But this is a good place to sell luxury jewelry or an unlocked cell phone (8% fee). 

Want to sell on Amazon?

Here’s a direct link where you can sign up to sell on Amazon.

What their users say: 

Mixed review from blogger at MyWifeQuitHerJob

Volusion has a good primer on what you need to know when selling on Amazon

The Balance has a nice explainer of Amazon’s seller pros and cons.

10/26/2021