Today. I’d like to go over how to leverage Amazon to make money online. Amazon was founded on July 5, 1994, by Jeff Bezos. He has surpassed Bill Gates in July 2017 to become the richest person in the world.
Amazon has changed the way we shop and has forced most companies to price their products competitively in order to compete with this internet shopping giant.
Besides buying products at an extremely good price on Amazon, they also offer many opportunities for regular people like you and me to make money online. Without further ado, let’s get on with this article!
#1. Be A Producer, Not A Consumer
One of the most common ways to make money on Amazon is by selling products. Do you have used books, video games, cellphones, or other abandoned items? I remember clearing out my garage (I was a hoarder) and found many items that I no longer use.
I thought about throwing it away at the recycle company or start a garage sale. The neighborhood I live in is not the safest place, so I decided to sell it on Amazon instead. Sure it requires shipping the item, but its much safer than opening the doors to allow home invasion.
If you’re like my friend who makes a living by selling products on Amazon, you might want to consider Fulfilled by Amazon (FBA).
Fulfilled by Amazon is a service they offer that allows you to send your products in bulk to their warehouse and they will deal with packing, shipping, and returns.
There are fees involved in this service and I only recommend this to people who are selling lots of products on Amazon. Click here to check out the fees for choosing Fulfilled by Amazon.
#2. Become An Amazon Associate (Affiliate Marketing)
If you run a blog or website, you can promote products on Amazon by joining their associate’s program. Keep in mind, after you’ve been approved.
You are required to make a sale within the first 180 days. If you are unable to make a sale in that time frame, they reserve the right to terminate your account.
Amazon Associates are provided with links to Amazon products that you can place on your blog/website.
Commissions are paid when someone clicks on your link and makes a purchase. (Commission rates vary and can go up to 10%).
Once your reader makes a purchase, in the next 24 hours you can earn additional commissions if they decide to buy more items even if it’s not something that you promote.
In my opinion, the earning potential is great because they do carry almost anything you can think of. When I shop on Amazon, I usually purchase multiple items to get free shipping.
Note: I don’t recommend sending your readers directly to Amazon because what happens after 24 hours? The average affiliate marketer uses this type of business model and finds it very difficult to make an honest living. When you send your readers directly to Amazon, they become customers of Amazon, not you.
What I recommend you to do is collect emails and promote Amazon products through email. Even after 24 hours, you can still recommend products to them over and over again.— Build your own customer base by setting up an email list. Learn how to set up your own email list by clicking here.
#3. Amazon Offers Full Time Jobs From Home
Amazon hires people to work from home. They are always recruiting for virtual customer service representatives (foreign language recommended), account managers, supervisors, etc.
Make sure you read the position requirements because some require you to work from certain countries, but they do allow you to work at home using the internet. Check out Amazon’s current list of job openings!
#4. Merch By Amazon
Merch is the platform by Amazon that allows you to sell your designs/artworks for t-shirts and other clothing. You don’t need to carry any physical products because this can be done online. This is how it works:
- Upload your design/artwork
- Choose a product type and color
- Set your own price
- Add a product description
Once that is complete, Amazon will create a product a page on Amazon and when a customer buys your product. They will handle production, shipping & handling, and customer service.—You carry zero upfront cost!
This makes Merch fun and easy to work with. You can get started from anywhere in the world. If you are interested in joining this platform, you can sign up today by clicking here.
#5. Amazon Handmade
Amazon handmade allows you to sell handmade products such as homeware, jewelry, clothing, etc. Instead of selling it on your own, you can take advantage of Amazon’s large audience base.
Similar to other services provided by Amazon, they have a team to provide your customers with phone and email support. This allows you to focus on a single task, producing the products.
If you like, you can also use Fulfillment by Amazon to not only reduce your workload, but it also makes your products eligible for Amazon Prime.—Your customers will like this(:
Interested in getting started? You can apply for Amazon Handmade by clicking here.
#6. Amazon Mechanical Turk
Amazon Mechanical Turk (MTurk) allows you to earn extra money by performing a few small tasks. Developers are always seeking for human intelligence to perform a task such as identifying objects in a photo or video, researching data detail, transcribing audio recordings, etc.—This service helps developers with tasks that computers can’t handle as well as humans.
The only thing I don’t like about MTurk is the payout. Each task takes a few minutes to complete for a few cents. However, you can work on your tasks at any time of the day. This type of flexibility allows you to work whenever you want.
Since this program is by Amazon, you can rest assured that payment will be made. If you live in the United States, Amazon will directly deposit your earnings to your bank account. Unfortunately, for most other countries, you will only receive payments in the form of Amazon Gift Cards (You can re-sell this).
Keep in mind, you won’t get rich by working for Amazon Mechanical Turk, but it’s nice to have a few extra dollars per month right? Sign up by clicking here.
#7. Publish Your Books On Kindle
Kindle is the first eBook reader to surface the internet and its still widely popular around the world. If you are a writer, you can publish your own book on their platform to earn passive income for many years to come.
For eBooks, I recommend using Sqribble as the eBook creation software. It comes with templates making it super easy and fun to do.
Do you want to turn your books into actual paperbacks as well as virtual eBooks? Amazon makes it very easy by providing you with a Kindle Direct Publishing Platform.
I hope this was helpful! If you have something to add to this article or if you have questions, comments, or concerns. Please don’t hesitate to leave a comment in the comment section below.
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