The concept of spending money comes to our mind all of a sudden when we talk about Amazon. However, this is the kind of platform that gives you equal opportunities to earn money as well. In addition to selling products to consumers across the globe, the company also offers full-time as well as part-time work and the unique opportunity to flourish your own business.
There can be so many ways to earn money from Amazon, such as promoting products through affiliate links, offering your own items for sale, self-publishing e-books, or working for the company at any of their corporate offices or fulfillment centers.
Why should you choose Amazon?
Something that really makes Amazon the number one online store in the world is the achievements under its belt. It would amaze you to find out that Amazon has made as many as 344 billion US dollars gross market value on the overall online marketplace across the world ever since its inception.
There is plenty of money to be made on several online shopping platforms. However, it is only Amazon that beats everyone in this game fair and square if you’re selling or want to produce income from products and services.
The best thing about Amazon is the customer trust. You will find it really amazing to know that as many as 89% of customers across the United States are more likely to shop from Amazon than any other eCommerce platform. In its comparatively long history as an online marketplace, Amazon has truly become the standard for developing trust with its customers and establishing long-term loyalty.
4 Proven Ways to Make Money on Amazon
Amazon pursues to add brand new methods to make money on their platform and which clearly means that there is more likely something available for any person wanting to make little more bucks.
As far as making money on Amazon is concerned, there are lots of options, and the best part is that many of these can be easily done from home. Let’s talk about some of the methods to earn money on Amazon without spending a single penny.
1. Affiliate Marketing
Affiliate marketing is without any shadow of a doubt the most straightforward way to make fair enough money on Amazon without any hassle, and the most important part is that it doesn’t require you to sell anything yourself.
Amazon’s affiliate program, aka Amazon Associates is truly a huge one in the Amazon money-making world. In case if you have reach online through any sort of means i.e. a website, blog, or whatever the case may be, you are a community moderator, and you have the full capacity to make money as an Amazon affiliate.
All you have to do is to recommend products on Amazon in any product niche that can draw your audience’s attraction. If your audience follows the particular affiliate link and makes any kind of purchase, you can easily earn a commission.
As far as the return is concerned, it falls somewhere between 4% and 10% of the product’s price that goes to the Amazon affiliate. Moreover, it is also pretty simple to be part of the Amazon affiliate program, and it can be highly lucrative as well.
The reason why the Amazon Affiliate program is such a best program is just because it helps you to make a lot of money without even selling a single item yourself. Being an intermediary party certainly pays off, and it is convenient to get started and maintain. However, that being said, it is also true that you must have an online audience to flourish your affiliate-based business by leaps and bounds.
2. Merch by Amazon
Merch by Amazon is a unique earning opportunity for designers as it can easily help you to earn money from home. All you have to do is to upload the design of a t-shirt, sweat, or any item and earn commission on any sale.
The best thing about Merch by Amazon is that you do not need to keep any stock or handle any kind of fulfillment hassle. Be creative and come up with something unique and interesting, and you can end up earning a commission on every sale.
Unlike other platforms, it is also pretty simple to join Merch by Amazon. All you have to do is sign up to Merch by Amazon and create a design. This is followed by uploading the design on any merchandise.
After choosing the color of your merch and elaborating the product description, Amazon will take complete charge of establishing a product page, printing, fulfillment, packaging as well as customer service.
If you are thinking that this opportunity is reserved only for a designer and not for newbies, they have you covered. You do not need to be a professional designer as there are several free online designing platforms that allow you to make a design to be printed on a t-shirt.
3. Amazon Handmade
Just in case if you thought Etsy was the only place to offer quality handmade goods for sale, you need to think again. As far as Amazon Handmade is concerned, you can sell any kind of clothing, jewelry, accessories, art, and various other artisan goods.
The best thing about Amazon Handmade is that it will give you a custom URL while making it pretty simple for all of your customers to find your store.
Amazon makes things pretty simple and affordable for handmade sellers as compared to all other selling accounts. All you have to do is pay $39.99 a month in order to avail of a professional selling account, but this fee will be waived for handmade sellers. All you have to do is just pay only a 15% referral fee on your overall selling price.
4. Amazon Drop-shipping
If you are someone who would like to sell stuff without paying a single penny, Amazon drop-shipping has got you covered while being the best option to help you with that. Most of people often get confused when they hear about Amazon dropshipping and mistake it for Amazon FBA.
In the case of Amazon FBA, you simply have to deliver the products to Amazon fulfillment centers in greater quantity, while in the case of drop-shipping, you do need to buy anything in bulk.
On the other hand, in the case of Amazon Drop-shipping, the seller showcases the supplier’s products in their own store, and when a buyer orders from the store, the supplier delivers that product, and you get the total difference as profit.
For Amazon drop-shipping, you need to choose the choice of fulfillment by the merchant and which means you (the seller) would be responsible for fulfillment.
In order to perform drop-shipping on Amazon without any investment, you simply have to choose a trending product to sell on Amazon. This is followed by creating an Amazon individual seller account, and you will only be charged when you sell something.
The best part is that it is ideally perfect for makers of artisan goods, and you don’t need to pay fees to Amazon unless and until you earn on Amazon.
There are lots of ways to make money on Amazon. Whether you opt to be an Amazon affiliate or an Amazon individual seller, choose to sell t-shirts through Amazon Merch, or decide to self-publish your own books on Amazon Kindle, there is no lack of opportunities. If you have decided to put in the time plus effort to do it in the right way, there’s no reason why you won’t be able to build a well-established Amazon business.