396: Private Label vs. Product Licensing: Which is the Better Side Hustle?

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By Nick Loper and Nick Loper of Side Hustle Nation. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

In the e-commerce space, selling private label products on Amazon has been a popular side hustle for the last several years.

But is it still the best way to go?

Or is there a lower risk, higher reward way to turn your ideas into profits?

In this episode, which is the second episode of our Showdown series this month, we’re comparing two ways you can capitalize on opportunities in the market; selling private label products and product licensing.

For this debate, I’ve sourced two guests who have appeared on the Side Hustle Show before:

Both business models allow you to exercise our creative muscles. But, as you’ll find out, each model is suited to a different personality type and has a different balance of risk and reward.

Tune in to hear both Greg and Stephen dig into the different strategies behind:

  • Getting started
  • Marketing and discoverability
  • Start-up costs
  • Beating the competition
  • Monetization
  • And more

There is some interesting insight into these business models. By the end of the episode, you’ll have a clearer idea of which business model is best for you.

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