Are you an Amazon lover? One can’t simply live without it, isn’t it? Amazon is trying to be the centerpiece of your daily life. It wants to be the provider of all of your needs, whether you are at home or on the go. From clothing, to food, to health products, you can get everything from this word’s biggest online retailer, even the things you don’t know you need yet. With all the benefits it delivers at your doorsteps, it is no wonder what it’s a staple in our lives.
However Amazon is not only a marketplace, it’s also the world’s biggest affiliate network. Most people don’t realise it but Amazon has one of the most extensive affiliate networks online. A massive number of individuals and even companies are extensively promoting Amazon products on their sites to earn a profit. The most interesting part of Amazon’s affiliate program is they pay a commission for every single product listed on their massive online marketplace – that’s more than a billion! This also means you have 1+ billion opportunities to begin making money online with Amazon.
Further Amazon has always encouraged and supported entrepreneurship and provides many means for individuals and startups to sell their products and services on its marketplace. Regardless of whether you are a napkin maker or headphone brand, the platform is inclusive and enables you to take a step into the internet business and reach the world. They have a category for almost every product you can think of, from food products to electronics. Literally if you have a niche product, you can start selling on Amazon.
So, if you want to be a part of evolving, customer oriented marketplace, here’s 8 means through which you can make money on Amazon.
1. Sell products on Amazon
Amazon with its global audience reach is certainly the best entrepreneur platform, as the internet-based company facilitates not only product listings but also talented resellers. Indeed, making FBA Amazon sales or independent private label items merit the same exposure and easiest access, which is a crucial aspect of any business. The majority of people have already started reaping the benefits of this platform as the world’s largest online retailer. In fact, it is the right place to start your online business, as it makes the process simple and minimises the time taken for execution. You can make the most of your offline products, by bringing them online and making the most of the platform.
However, registering a product is quite easy. Amazon has made the process to ensure that it’s never too hard to make a sale online. Once your product listing is approved by Amazon Staff, you’ll be able to enter the necessary details, description, images, videos and list your product. However, you can still make a majority of changes to your product listing after it’s live on the platform.
Amazon will not only host your product but also connect it to their audience, which is why you’ll want to share pictures of your product in action, along with tips for use. Further with their extensive delivery system, you can actively market your product to the relevant audience.
You can also use Amazon’s interest-based ads to improve your sales. Instead of placing your product in a random category or category-based advertisement, you can focus your ad campaigns on hyper-specific search queries. Let’s say, you are selling shoe laces on Amazon, you can spend your money on keywords like “shoe lace” or on relevant search terms like “lace your gift shoes” or “lace it shoes”. This will direct real customers by eliminating irrelevant products or irrelevant customers who are searching for irrelevant products on the platform.
Indeed, Amazon is there to provide you with access to customers wherever they are, they will make sure that your product will be in the right place, to reach the right audience.
Once you make a sale on the platform, Amazon will automatically deposit the money into your bank account, on a particular day of every month.
2. Fulfilled By Amazon
This is one of the most popular opportunities to sell your product on Amazon. The FBA program empowers you to develop your own brand while accessing almost every customer base on the platform. The process of registering with FBA is quite simple.
You need to look for the Quotation Request Form on Amazon’s website and filled out the form with all the necessary details.
Once your product is approved by Amazon staff, you’ll be able to access the Amazon Seller Central, which will be your dashboard for everything. From here onwards, you can decide to sell through Amazon or sell using your own online store on another domain, hence you’ll need to collect the money, send the packages to Amazon and have the products shipped to the customers.
It will also allow you to see all the information regarding your products including shipping details, sales performance and inventory.
However, this service will charge you for the rent, loading / unloading and storage of your products. But this program will also make your product visible to Amazon’s large customer base, as you will no longer have to do the marketing yourself.
3. Merch By Amazon
If you’re looking to become an Amazon seller, then there are a number of different ways in which you can do so. We’ve already explored the ways in which a person can sell products using the Amazon Marketplace. Another option for sellers is the Merch By Amazon service. This service is similar to the third-party Seller Central and allows a person to create designs for t-shirts that can then be sold on Amazon. Merch by Amazon is a good option for people that have good graphic designing skills or the money to hire someone to do it. Because the t-shirt designs are created and sold on Amazon’s platform, the volumes are not quite as high as the products that are sold via the third-party Seller Central. But you can make as much or as little as you want via this Amazon service.
4. Kindle Publishing
If you are an author, you can now upload your eBooks to Kindle and can become a best-selling author, just like James Patterson and others. There are even people who haven’t written any book, do you know how on earth is that possible?
Yes, it’s possible by self-publishing on Kindle. If you have written a book and would like to become a best-selling author just like James Patterson or any other successful author on Amazon & Kindle, you can publish your book, sit back and relax and see the money coming into your bank account.
Unfortunately, Amazon’s website is not as easy to understand as it appears to be, and a lot of people are struggling to publish their books online on the platform. But there is a way out! Amazon has introduced Kindle self-publishing services which guarantee an outcome of 95 – 100% in royalty. This is without any distribution requirement or any membership fee for Amazon. Once you sign up for the service, you’ll get an instant service for your book that will enable you to sell your books. And if you go for the service, you don’t have to worry about designing a cover or formatting the book, as they not only design your book but it is also edited by professionals, who help you make sure that everything is in place before publishing.
Amazon is a very popular platform for everyone and people and businesses have figured out many different ways to make money with it. In fact, it’s the smartest online entrepreneur platform. You can sell your products, You can promote products of others You can even sell and promote your own content on the platform. Regardless of whatever your choice is, you will be able to make the most out of the opportunities.
5. Mechanical Turk
If you are someone who wants to earn money on Amazon without creating your own products, you can use Amazon. Mechanical Turk is a platform that enables you to make money and earn online. This site enables you to pick tasks and perform them. The tasks include all of your favourite work like data entry, keyword insertion, transcribing, etc. This is a platform where you can earn from $2 to $10 per task (and there are literally thousands of tasks), depending on the difficulty of the task.
6. Create Custom Merchandise with Merch by Amazon
By creating custom t-shirts, hoodies, and other merchandise bearing your brand name or logo, you can set up an online shop where you can sell your merchandise. With this you can start your own brand and start building your online reputation.
So, how to get started with Merch by Amazon?
Once you create an account on the platform, you should set up your Shop to get started. You’ll need to connect your Paypal account for payments. So, once you have a shop set up, you can start creating products on the platform.
There are two types of products for sale on the platform, namely Print on Demand and Make Your Own.
Both types of products are subject to the Amazon’s pre-approval, before a product is approved for exposure on the platform. Being a print-on-demand product, an item will be printed only when it is ordered on the platform. Whereas the second type of products, which are make-your-own, are custom-made products in the user’s size and made in the user’s preferred style and fabric. All of your products will be listed on your shop which you can customize to your choice. The platform will take a commission on sales, which will be different for each type of product.
To provide a very quick checklist of how to go from nothing to getting started with Merch by Amazon, here’s the basic steps.
- Once you’ve set up your account, linked your account to a bank account, and signed up for an Amazon Ad account (so you can upload your art file), designing your first design.
- Either design a new design from scratch or edit an existing design in Photoshop or Illustrator.
- Upload the design file to Merch and make the changes that Amazon asks for.
- Click the “Save & Continue” button at the end of the upload sequence.
- At this point you’ll get a chance to browse the Merch Library for inspiration and ideas.
- When you’re ready to upload your artwork, you can go back to the Merch Design Manager and click Upload.
- On the final upload page, you should be able to see your larger design file as well as a preview of your design.
- If you want to, you can see a sample of your product in the Merch by Amazon image carousel.
- If you’re satisfied, click Save & Continue. Otherwise, if you want to make further changes to the design, click the “Return to Design” button. To do this, you’ll need to go back to the Merch Design Manager and click the link that says “Go to Your Design” to return and make changes.
- When you click Save & Continue, you’ll be taken to a page showing what your t-shirt will look like as a mens/womens t-shirt, hoodie, or tank.
- To proceed, you’ll need to click the “Upload Artwork” button.
- After you click the button, the upload process will begin. During the upload process, you’ll see a progress bar indicating how much you have uploaded and how much you have left to upload.
- When the upload is complete, a green badge will appear on the Upload button showing that your artwork has been successfully submitted.
- The badge will also include the message, “Your artwork has been successfully uploaded. We’ll process it shortly.” This means the art file has been reviewed and approved by our team.
7. Amazon Handmade
Another most popular way to make money with Amazon is through Amazon Handmade. This website allows you to sell handmade products and earn money. Once you have registered on the platform, you can create a store on Amazon Handmade to showcase your products. As a seller, you can offer discounts on your products every day, which will help you increase your online presence. Further if you have a product that is in demand, you can price your product higher.
Like every other means of earning money on Amazon, you must adhere to Amazon rules and policies for the best outcomes which include that you cannot sell stolen or prohibited products and must adhere to specific product requirements.
One can make good money on Amazon but, it’s important that you follow the rules and policies. Unfortunately, a lot of people are not doing so and are getting banned from the platform. Amazon is always updating its guidelines and policies, therefore you can expect these guidelines and policies to change over time.
The biggest challenge that sellers face is the more number of sellers there are on Amazon, you have to fight hard to generate your profits. And it’s impossible for starters to beat sellers who have been there for a while.
That being said it is still possible to achieve a great deal of success with going big on Amazon. You will need to understand the specifics of the platform and know exactly what you are getting yourself into. It’s all about replicating, you need to follow the successful sellers on Amazon and replicate them, then you can achieve something good out of it.
8. Amazon Affiliate Marketing
This by far is one of my favorite ways of making money with Amazon. You don’t deal with any of the customer side of things. No customer support, no fulfilling anything, no dealing with refunds.
The best part about this is unlike a lot of the other ways I listed above, this one requires VERY little capital. You just need to start a blog or youtube channel and start promoting Amazon Products.
See, the thing with Amazon Affiliate Marketing is that you don’t really need to sell the products at all because Amazon is such a huge authority that people just tend to buy it. Also, it’s not just on the product that you recommend that you get paid for, if they buy ANYTHING within 24 hours after clicking your Amazon Affiliate Link, you will make money from it.
You can follow a proper course to help you make more money and save time along the way!