Many of us know Amazon as a useful site where you can buy anything you need. But for some, it's much more than that - it's a great money-making opportunity.
First let us know a little about amazon.
What is amazon
Amazon.com, Inc. is an American multinational technology company which focuses on e-commerce, cloud computing, digital streaming, and artificial intelligence. It is one of the Big Five companies in the U.S. information technology industry, along with Google, Apple, Meta, and Microsoft.
Amazon is a great opportunity for those who want to join the world of e-commerce. In 2020, Amazon raked in $386 billion in revenue - more than half of which was driven by third-party sales.
But how to make money from amazon?
11 Ways to make money with amazon
When it comes to making money on Amazon, there are plenty of options. Best of all, many of these can be done from home. Meaning there is likely something available for anyone wanting to make a little extra money.
Let’s walk through each method and go over how exactly to use these strategies to earn some cash.
1. Apply for Amazon launchpad
What is Amazon launchpad?
Amazon Launchpad is designed to help products get discovered faster. Increased exposure for your brand on Amazon through Amazon Launchpad storefront placements, category focused email campaigns and banner ads off Amazon.
Waived fees for one Lightning Deal or one 7-day Deal per week.
How to make money from Amazon launchpad?
The mission of the company is to support entrepreneurs by providing resources, expertise and global support to help showcase and deliver innovative products like yours to millions of Amazon customers.
Think of Amazon Launchpad as a supplemental program designed to jumpstart and accelerate your Amazon business. The program is designed with startups in mind and to help drive brand awareness.
2. Figure out what to sell in Amazon
If you want to sell on Amazon and are looking for something that’s more profitable and scalable than online arbitrage. and not sure what to sell to make money on amazon! I will tell you.
In order to figure out what to sell, See the opportunities:
- Sell old belongings on Amazon
- Sell your own branded products on Amazon
- Sell your handmade items
- Sell your professional services on Amazon
- Sell wholesale goods on Amazon
Those opportunities are not for everyone, as you need to have the skills required to perform these tasks. But if you think you’d be a good fit then you should definitely look into it.
3. Start affiliate marketing
What is affiliate marketing?
Affiliate marketing is sharing links to products online, such as a blog, niche site, YouTube channel, or other social media account with a decent following.
Then, if people buy things through those links, you'll be able to earn money from the sales at no extra cost to the buyer.
How to use Amazon affiliate program?
Well, you can use Amazon's affiliate program to recommend products you love to your audience - and get paid for it. Where you can promote and market any product sold on Amazon, and get 1-10% commission on any sale you make to Amazon.
Amazon will provide you with special links that you can use to promote items sold on their site. You can post your links on your blog, social media pages, or anywhere else on the Internet.
Every time someone clicks on one of your links and buys a product (known as a referral), you will earn a small commission. The best part is that even if they buy something completely different from what you were promoting, you still make money.
4. Make money from amazon flex
Amazon Flex is similar to Uber, except instead of delivering packages to people. If you can drive and have a car, then having packages delivered through Amazon Flex could be an ideal way for you to earn money in your spare time.
With this program, you can use your own vehicle to place Amazon orders. Simply download the app, sign up, book a batch of orders, pick it up from the warehouse and have it delivered to the specified addresses.
As a delivery driver, it's worth bearing in mind that you may end up taking quite a bit of money home, because you'll need to cover costs like mileage, parking and traffic fees, some of that money may need to be allocated to driving costs.
It should be noted that Flex is not currently available everywhere. They may also have enough drivers in your area, in which case there will be no vacancies.
5. Publish eBooks on kindle
What is kindle direct publishing?
Kindle Direct Publishing is Amazon.com's e-book self-publishing platform launched in November 2007, concurrently with the first Amazon Kindle device.
How to make money from Amazon kindle?
Ever wanted to make money from writing? Publishing eBooks on Amazon Kindle is one way to do just that, you can simply publish your own e-books on their platform and start earning a nice income.
Whether fiction or non-fiction, there's a huge range of topics that you could write your book about. All you need to start writing an eBook is an idea, some free time and a fair amount of commitment, making this a great opportunity for anyone who loves to write.
If you target a popular niche and use the right keywords you can easily start showing up in Amazon searches.
6. Sell designs via Merch by Amazon
What is Merch by Amazon?
Merch is a print-on-demand service that allows you to upload designs into Amazon’s database. you can upload artwork and choose the type of product you'd like the design to be printed on, shirts, tote bags, coffee mugs, hats–whatever you want!
How to make money from Merch by Amazon?
Then Merch by Amazon is for anyone that's talented at art and design. You need an invitation to get started on there, but if you send in an application and impress them, this can lead to an invite.
Then, all you need to do is add a product description and set a price for the item.
When a sale is made, amazon will handle the production, customer service and amazon creates the item for you. Basically, the higher the sold price, the higher the royalty you earn.
The amount of royalty will vary depending on the type of product and the set price of your item.
7. Trade in devices for gift vouchers
What is Amazon trade-In program?
The Amazon Trade-In is a program providing to customers with an Amazon.com Gift Card in exchange for thousands of eligible items, including Amazon Devices, cell phones, video games, and more. Many trade-ins also provide a discount off of a new Amazon device and eligible customers may be offered Instant Payment.
The process is easy and convenient with an immediate offer and free shipping or free drop-off at select cities.
How to make money with Amazon Trade-In program?
All devices received are either restored and re-sold, or recycled through an Amazon-certified recycler. You can track the status of your trade-in at Your Trade-In Account.
You will receive an Amazon.com Gift Card for your used electronics, or you will get discounts towards new eligible Amazon devices, and give your old device a new life.
It's such an easy way to save money on gadgets.
8. Offer your services through Amazon services
Have you sold on Amazon before? Selling on Amazon can take a fair amount of work. Because of this, some sellers will need a bit of help with various aspects of their online store – and that's where you could work for sellers on a freelance basis.
Many sellers are looking for consultants to help them through the process of starting a business. This includes
- Copywriting for product listings
- Photography
- PPC advertising skills
- Advice on product research
- Product sourcing
- How to sell
- How to make a profit
- Pricing
- Marketing
- etc.
Start by advertising your services on sites like Upwork, Fiverr, and Freelancer. All it takes is a few positive recommendations for things to really take off.
9. Work for Amazon
If making money on Amazon isn't enough for you, there is, of course, the option to work for Amazon. Amazon is one of the world’s largest companies, which means they have millions of jobs available all around the world.
If you are interested in working for Amazon, there are plenty of opportunities to explore, either from the internet or corporate headquarters in your country.
You can see their available jobs at Amazon.jobs. Have a look on their careers page to see if any of the current vacancies appeal.
10. Using online arbitrage
What is online arbitrage?
Online Arbitrage, or ‘OA’ for short, is simply the process of buying products from online retailers, and selling them for more money.
With online arbitrage, you’re buying products to flip on Amazon from other online marketplaces like:
- EBay
- AliExpress
- Craigslist
- Facebook Marketplace
- Walmart
- Target
- CVS
- Home Depot
How to make money from amazon using online arbitrage?
You can actually resell items. Do some product research because the prices can vary greatly from one marketplace to another. So, the amount you can make with online arbitrage really depends on how much effort you put into the business.
Not everything you buy will make you money. If there’s no demand for what you’re selling then you won’t get many sales.There are profitable deals out there, you just have to go find them!
11. Join and complete tasks on Amazon mechanical Turk
What is Amazon Mechanical Turk?
Amazon Mechanical Turk is a crowdsourcing website for businesses to hire remotely located "crowdworkers" to perform discrete on-demand tasks that computers are currently unable to do. It is operated under Amazon Web Services, and is owned by Amazon.
How to make money from Amazon mechanical Turk?
While technology continues to improve, there are still many things that human beings can do much more effectively than computers, such as moderating content, performing data deduplication, or research.
Mechanical Turk is a little more low-maintenance than some of Amazon’s work programs, so it pays a little less.Participating in the program is easy. Just sign up, pick the tasks you want to complete, and submit them for payment. There’s no set schedule, you can do these tasks on your own time.
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