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b'In the e-commerce space, selling private label products on Amazon has been a popular side hustle for the last several years.\\nBut is it still the best way to go?\\nOr is there a lower risk, higher reward way to turn your ideas into profits?\\nIn this episode, which is the second episode of our Showdown series this month, we\\u2019re comparing two ways you can capitalize on opportunities in the market; selling private label products and product licensing.\\nFor this debate, I\\u2019ve sourced two guests who have appeared on the Side Hustle Show before:\\n\\nGreg Mercer of JungleScout.com, creator of the popular Jungle Scout product research and amazon analytics software. We last from Greg on episode 263, when he talked about how to find your first Amazon FBA private label product. (Try Jungle Scout for half off your first month with my referral link.)\\n\\nStephen Key of, InventRight.com and author of the One Simple Idea: Turn Your Dreams into a Licensing Goldmine While Letting Others Do the Work. We last heard from Stephen on episode 113, when he talked about how you can turn your ideas into recurring revenue.\\n\\nBoth business models allow you to exercise our creative muscles. But, as you\\u2019ll find out, each model is suited to a different personality type and has a different balance of risk and reward.\\nTune in to hear both Greg and Stephen dig into the different strategies behind:\\n\\nGetting started\\n\\nMarketing and discoverability\\n\\nStart-up costs\\n\\nBeating the competition\\n\\nMonetization\\n\\nAnd more\\n\\nThere is some interesting insight into these business models. By the end of the episode, you\\u2019ll have a clearer idea of which business model is best for you.\\nFull Show Notes: Private Label vs. Product Licensing: Which is the Better Side Hustle?\\nLearn more about your ad choices. Visit megaphone.fm/adchoices'