This guide aims to solve your how to make money on amazon query. The discussion about online earning is incomplete without adding the name of Amazon. Furthermore, the popularity of Amazon is enhancing day by day as an easy and convenient source of income. It convinced a lot of people to start working on amazon.
Amazon has gained immense fame as a credible and authentic source for selling and buying. So, you can choose any project on amazon without any confusion and doubts. In this article, we have shared proven ways of making money through amazon. So, go through the article and discover the method that inspires you the most.
Well, how to make money selling on amazon, right? But why Amazon? Amazon has earned an impressive reputation over the years. From the year (1995), it launched till 2021, and it has made a hefty amount of $344 billion. All other competitors have not reached even near this amount.
Moreover, Amazon provides you with a wide range of items. From generators to coffee mugs, you can buy everything in this eCommerce store. Almost all the brands are on amazon, so you have many options for each product.
Additionally, the trust developed by Amazon is incredible. They have customers from almost all parts of the world that portray their credibility and authenticity. So, if you desire to be a part of any eCommerce store to grow your wealth, then there is no better option than Amazon for sure.
How to Earn Money from Amazon?
Suppose you want to become an entrepreneur by initiating your business on an online platform. Then amazon comes with the most extensive options. From selling private label products to your handcrafts sky’s the limit for you to build wealth using amazon. So here are some proven ways to make money on amazon.
- Sell Your Private Label Products on Amazon
Undoubtedly, even in 2021, the best way to earn money on Amazon is by selling your own products. Private label is the procedure of making the products that already exist. But the item made by you will be sold under your logo and brand name.
With the help of the Fulfilment-by-Amazon FBA network, Amazon can sell your private label products in one or two days. Furthermore, always keep in mind that you are not one person doing this, so be persistent because it will take time to rank in Amazon’s ranking.
- It is your brand, so you have the authority to decide how much you will price it.
- If your brand grows, it will help you to earn more profit.
- Publish Your Own Books on Kindle Direct Publishing
The second renowned way to make money on Amazon is by publishing your own books. You can publish the book on Amazon Kindle Direct Publishing. It is possible to earn a hefty amount, but the condition is that your book must be proficient and authentic.
Moreover, the more you write, the more you can earn. But most people are concerned about how to learn about writing on Amazon. So, we will suggest you read about it online and take advantage of the expertise of the successful people in this field.
- Sell Wholesale Goods on Amazon
Another way to earn money using Amazon is by selling wholesale goods. To do the whole selling, you have to buy the products in bulk and then sell them under Amazon’s FBA network. It is quite different from private label sales as you don’t have to make your brand. Rather, you have to sell other brands’ products.
You can earn up to $3,000 to $4,000 per month with the help of a wholesale business. But keep in mind that the race is high in wholesale compared to the private label sellers.
All you earn from this business is by selling products, so try the best to purchase at the lowest possible rate. That’s why excel in this business must have impeccable marketing and communication skills.
- Join the Mechanical Turk Program
If you do not have time and do not want to initiate a big project, then this program is for you. Mechanical Turk Program is one of the easiest methods to kick start your earning in Amazon.
Your task is to take part in the survey and validation of the content. Moreover, if you want to grow your capital rapidly, then this is not a good fit because you can only earn $15 or more in an hour. It allows you to work on other projects as well because it’s not time-consuming.
- Trade in Unwanted Items with Amazon’s Trade-In Program
Amazon’s Trade-In program allows you to sell your used items. You have to comprehend the procedure as it is feasible to sell your unwanted items and earn money.
Moreover, the items you sell should be in better condition because amazon doesn’t want useless stuff. To check the details about the process, you can visit amazon’s website. Furthermore, they have a listing of all those products along with specifications that you can sell.
- Become a Blogger
You must be querying how you can earn on amazon by becoming a blogger. But yes, it is possible, and a number of people are earning through it. If you are a writer or you create videos to share your thoughts, tips, or recipes, you can make money with Amazon Associates.
It is an Amazon affiliate program where you can sign up and can get the customized links. Let’s suppose you are writing an article on the topic of the best five cameras. If you add that special link given by Amazon and someone purchases that product by clicking on the link, you will get the commission.
- Offer Your Services through Amazon Services
Amazon has a broad spectrum, and it is not restricted to E-commerce. If you are a teacher, plumber, interior designer, electrician, etc., you can make money by reaching out to the people who need your services.
So, it’s a convenient way to make money as Amazon has millions of customers around the world. Moreover, if you advertise your skill in an appropriate way, you can get customers. In this way, your query of how to make money on amazon can be resolved to a great extent.
- Work in One of Amazon’s Fulfillment/Distribution Centers
It is one of the most well-known ways to make money on Amazon to work in Amazon’s distribution or fulfillment center. To work as a distributor, you have to pick the products and then pack them.
Moreover, you have to ship that product to sellers of Amazon as well. You can earn $15 per day minimum by working in Amazon’s distribution center. Moreover, you will get privileges from the company as well.
- Sell Your own Shirts, Hats, Coffee Mugs and More through Merch by Amazon
To avail of this opportunity, you must have an artistic approach and know-how to make designs. Moreover, if you want to run a business on Amazon but don’t have enough money, then Merch by Amazon is for you.
It’s a quite convenient way to earn money as you have to make designs. Amazon will take the responsibility of printing, packaging, and shipping your product on amazon.
You can become a part of this business by creating an account that is not paid. Then you have to upload that design along with your prices and description. Then Amazon will print these designs on the mugs, shirts, hats. In this way, you will get royalties for every product you sell.
- Flip Store-bought Products with Retail Arbitrage
Retail arbitrage is the sales model of Amazon that allows you to purchase goods at discounted prices. After buying the products, the next step is to resell them at Amazon. You can earn a handsome amount through it, but you have to put in hard efforts because there is a lot of rush in this earning system.
Moreover, it will take time to choose a product that can generate profit. So, after knowing such diversified ways of earning, you must be thinking that how to make money selling on amazon is no longer a fantasy.
- Buy on eBay to Sell on Amazon (Online Arbitrage)
Retail arbitrage requires a lot of time while the income is low. On the other hand, online arbitrage is the better option to go for than retail arbitrage.
In online arbitrage, you have to buy products from other e-commerce stores and then sell them on Amazon. There is a wide range of stores, but eBay is the best option that you should avail. Online arbitrage has some issues like most of the other Amazon programs have, such as:
- It is tough to scale
- Option is limited
- There is a volume of people who are into this business, so competition is high.
- Work from Home as an Amazon Rep
Amazon is one of the largest companies. So a big company demands a large number of workers or employees. It is not possible that all those workers can work in the headquarters of Amazon. So, to cater to the needs of workers, amazon has the bulk of employees that work in their comfort zone by staying at home.
If you are a full-time representative, you can earn almost $30,000. Moreover, the money you make depends upon your rank and position. Most of the jobs offered by amazon are for the services of customers and data entry.
- Handcraft Your own Items to Sell on Amazon through Amazon Handmade
This opportunity is for those who have remarkable skills to create handmade products. You have to craft your products, such as clothes, jewelry, etc., and then sell them on Amazon.
This process needs a lot of attention and handwork as you have made goods on your own. According to some sources, Amazon is a bit more costly than its counterparts, such as eBay.
- Deliver Goods for Amazon
Most of you will not know that you can make money by becoming the driver for Amazon delivery services. This job is quite similar to working with Uber or Careem as a driver, but in Amazon, you deliver goods, not passengers. You can earn approximately $ 10,000 at the beginning because it pays $18-$25 per hour to its drivers.
So, now the problem is how to apply for this job. It is not as tricky. All you do is download their app. After having the app on the phone, you have to answer a questionnaire then you can start to earn if the team selected you. After reading this article, you will surely perceive a way to “how to earn money from amazon.”
Frequently Asked Questions (FAQs)
To resolve your issues regarding amazon, we have discussed some frequently asked questions.
How can I make money from Amazon at home?
It is not much complicated to earn money at amazon from the comfort of your home. The ways mentioned in the article can assist you in getting knowledge about this eCommerce online store. Some of them are listed below:
- By joining their affiliate program
- By selling private label products
- By selling wholesale products on amazon
Is it profitable to sell on Amazon?
Suppose you have the right information and skills. Moreover, if you know the proven ways to make money through amazon, your selling can be profitable.
How do you make money on Amazon?
There are a lot of methods to start your journey on Amazon. Scroll up to gather information.
How can I make money on Amazon without selling?
Selling is not the only option when it comes to making money through amazon. There are several ways to earn without selling. Here is the list of the options:
- By providing services
- By publishing your own book
- By delivering products for the amazon
How do Beginners sell on Amazon?
As a beginner, you can start selling on amazon. Here is the step-by-step procedure.
- Create a Business Plan
- Find your Niche
- Start market research
- Identify product suppliers
- Place order
- Register an Amazon Account
- Create product listing
The modern life of the 21st century demands a lot of money even to fulfill the basic necessities. So, to avoid the troubles that you may face due to a shortage of money. Therefore it is a wise decision to diversify your income by using various means.
Undoubtedly amazon should be on the top of your priority list as a new income source. But if you are worried about how to make money on amazon, choose any way mentioned in the article that fits your requirements.