Seize the opportunity to become an e-commerce seller and earn money from Amazon by selling and even without selling
Whether it is about adding a source of income or the only source of income after the spread of the Covid-19 pandemic, one of the best ways to make money online these days is to make money from Amazon. Considering that Amazon is the largest e-commerce retailer in the USA with net sales of around $386 billion in 2020, it is a golden opportunity for those who want to become e-commerce sellers and earn money from Amazon. This post highlights how to make money from Amazon by selling and even without selling:
Register with Amazon FBA
Once you register with FBA or Fulfillment by Amazon, Amazon is responsible for storage (warehousing, picking, packing), shipping, returns, or refunds for your products. However, to start selling with FBA, you must find a product (for example, from Alibaba), make improvements, and name it with your own brand. Subscribe to Amazon Seller Central and submit your product information. Ship your products to Amazon and their fulfillment center will handle the distribution. Since customers buy your product from Amazon, the delivery will be done by Amazon.
Benefiting from Retail Arbitration
If you are a complete beginner in this category, the best way to start making money from Amazon is to take advantage of retail arbitrage and save on expensive shipping costs. Despite the weight of the name, it’s a simple process where you can simply buy stock (look for discounted products) from a local retailer and sell them on Amazon while increasing your profits.
Use online arbitration
Like in the case of retail arbitrage, you can buy inventory directly from online stores or from a site like eBay at a cheap price, list it on Amazon and make a profit.
Publish books with Kindle
Those with writing skills can launch their book publishing dreams with Amazon Kindle Direct Publishing. KDP is a great way to publish digital books within 24 to 48 hours and is available on Kindle worldwide. In return, you get the freedom to set your prices, earn up to 70 percent returns on sales, edit content, and more.
Sell bulk products
Amazon Business is a B2B marketplace that allows you to sell products in bulk. It is a boon in disguise for business customers as they benefit from special rates while shopping on Amazon. With over 55 Fortune 100 companies listed on Amazon and exclusive business features like requests for quotes or the option to display your testimonials is what makes it a great way to get started as a wholesaler.
Selling handmade goods
Those with a penchant for crafts can join a list of sellers from over 80 countries with Amazon Handmade. Since there is a huge demand for these goods, it is a great platform to sell your handmade products with a good margin.
Selling through affiliate marketing
Selling through affiliate marketing is one of the most popular and proven methods to date. Simply sign up for Amazon Associates and start promoting other people’s products on Amazon using the affiliate links they provide. However, you must have a website or blog where you have to create a sales copy of this product, for example, if you sign up for a mobile promotion, you can create a product review content with a link (affiliate link) for that product. You can then earn 3 to 5 percent conversion rates.
Work from home as an Amazon Customer Service Representative
With around 650,000 employees worldwide, Amazon is soon to be the next big employer. Now is the time to join Amazon’s ever-growing customer service team and work in the comfort of your own home. Our customer service team is spread across 130 locations around the world and supports 16 languages.
Sell with Merch from Amazon
If you’re good at designing coffee mugs and t-shirts, have a bunch of ideas but lack the resources, take advantage of Amazon products. Upload your design, choose a color and type of product, and your product page will be created. It’s that easy. So, sit back and relax because production, shipping, and customer service are Amazon’s responsibility.
Subscribe to the MTurk Program
Amazon’s Mechanical Turk (MTurk) serves a dual purpose. While the main objective is to help individuals and companies outsource tasks and processes (data entry, data validation, research, etc.) to a virtual workforce, it also benefits those looking to earn through small tasks by joining into the program and earn between 0.10 and $1 per task. The more missions you complete, the more you earn.
If you already have a large social following, being an Amazon influencer can help you to make some good money with commissions earned by promoting products on your Facebook page, Twitter or Instagram and even through your YouTube channel.
Take surveys, write reviews, create webinars, participate in forums, sell used products or professional services, create own brands, or be a freight forwarder, Amazon has something for everyone looking to make money from the home. So, while you shop for your favorite products from Amazon, don’t miss the chance to make some good money from Amazon.