How to Make Money Selling on Amazon| 15 Best Ways and Full Guide

Make Money Selling on Amazon
Image source: iStockphoto.com

If you want to make extra money, there are many ways to make money selling on Amazon. To get started, there are a few things you need to do. 

First, create a selling account. This will allow you to list your items and track their sales. Next, research what items are popular and sell them on Amazon. 

Finally, find the correct format for your product and market it well. If done correctly, selling on Amazon can be a lucrative venture.

Once you are done, you can choose any of the options I have listed below to make real bucks on Amazon just by selling.

Now, let’s give an in-depth explanation of what we mean.

How Can you Make Money Selling on Amazon?

Since its inception in 1994, Amazon has amassed a gross market value of 344 billion US dollars on the online marketplace. No other eCommerce site earns as much money as this one. 

In 2017, Amazon Marketplace sales accounted for almost 20% of all eCommerce sales in the retail industry.

There’s money to be made on various online shopping sites. Still, Amazon stands out as the largest and possibly the most adaptable, whether you’re selling or earning money from items and services.

Amazon’s consumer loyalty is unrivaled. According to research, customers in the United States are more inclined to buy things from Amazon than from any other e-commerce site.

In its short history as an online marketplace, Amazon has set a benchmark for creating websites.

you might like this: Highest Paying Online Work From Home Jobs

Why did you choose Amazon?

There are a few reasons why selling on Amazon can be a great way to make some extra money. For starters, Amazon is a huge and well-known site, so it’s likely that many people will know about your products if you sell them there.

Additionally, Amazon makes it easy to list and sell products, so you don’t have to spend a lot of time or energy setting up your shop.

Finally, Amazon takes care of most of the shipping and handling for you, which means that you don’t have to worry about dealing with customers’ orders or packages. This can save you a lot of time and hassle.

15 Best Ways to Make Money Selling on Amazon

Here are the legit and interesting ways you can make money on Amazon just by selling:

  • Affiliate Marketing
  • Sell Handmade on Amazon
  • Kindle Direct Publishing
  • Selling wholesale products
  • Deliver Amazon’s Products
  • Dropshipping
  • Seasonal work for Amazon with CamperForce
  • Become a Blogger
  • The Amazon Associates program
  • Using online arbitrage, you may flip things from online retail stores.
  • As an Amazon representative, you may work from home.
  • Create and sell your t-shirts, caps, and coffee mugs.
  • Amazon Services
  • Participate in the Mechanical Turk initiative
  • Work at one of Amazon’s fulfillment/distribution centers 

1. Affiliate Marketing

Affiliate marketing is one of the ways to make money on Amazon with or without selling products.

As an Amazon Associate, you can make money just by promoting other people’s products. Amazon’s affiliate program is a true behemoth in the Amazon money-making sector.

You may make money as an Amazon affiliate if you have an online presence, whether it’s through a website, blog, or as a community moderator. 

All you have to do is suggest things on Amazon in a category that your target market enjoys.

You will receive a commission if your audience clicks on the affiliate link and makes a purchase. 

In most cases, the Amazon affiliate receives between 4% and 10% of the product’s purchase price. It’s simple to join the Amazon affiliate program, and it may pay you handsomely.

Read also: How To Make Money By Playing Airsoft

2. Handmade on Amazon

Think again if you thought Etsy was the only place to offer high-quality handcrafted items. You may sell apparel, jewelry, accessories, art, and other artisan products on Amazon Handmade.

Amazon Handmade will provide you with a unique URL that will make it much easier for your customers to discover your store. 

For handcrafted vendors, Amazon makes things more accessible and more inexpensive than for other types of sellers. 

A professional selling account costs $39.99 per month. However, you can eliminate this as a handcrafted vendor by paying a 15% referral fee on the total sales price.

3. Kindle Direct Publishing 

Do you work as a writer or have access to a team of writers? It is no longer necessary to seek the attention of the publishing business to get your work published. Kindle Direct Publishing is a platform that allows you to publish Kindle books.

It is also possible to print hard copies. Making money in this field requires a lot of writing.

A handful of bestsellers will help, but you’ll need to provide a consistent supply of material to thrive in Kindle publishing.

Furthermore, because there will be no agent or publisher to help you get the word out, your work will have to sell itself, or you will have to manage the promotion.

4. Sell wholesale items.

Amazon is a great place to sell wholesale items. Selling wholesale, like Private Label, is acquiring large amounts of items to sell through Amazon’s FBA network.

The main distinction is that you are selling things from other firms. As a result, you won’t have to bother about product manufacture or branding.

5. Deliver Amazon’s Products

You are most likely aware that Amazon offers its shipping service. But did you know you can work as a delivery driver for Amazon?

You can do just that using Amazon’s Flex program. All you have to do is fill out a short survey and download their app, and if you’re accepted, you can start earning money immediately.

Consider it similar to Uber, except for Amazon delivery. You may earn upwards of $100 every day. According to Flex’s homepage, Amazon pays drivers between $18 and $25 per hour, and shifts are generally five hours long.

This might interest you: 27 Websites To Sell Stuff Locally And Online

6. Dropshipping

Dropshipping may be the way to go if you want to start with a small amount of money. It enables you to sell things without ever having to own the inventory.

Simply put, you advertise items for sale, and after a consumer places an order, you buy the product from your supplier at a discounted price and have them send the order to your customer.

You make money as the vendor without ever having to touch or see the thing! Your supplier will handle all logistics.

The rewards of this money-making approach vary substantially. Finding a dependable source is the key to drop shipping.

7. Seasonal work for Amazon with CamperForce

Did you know that Amazon employs a team of full-time RVers to assist during peak seasons?

It’s called CamperForce, a website that brings together a group of RV enthusiasts. To cut a long tale short, you can travel throughout the country, be paid for a quick job in an Amazon warehouse, and then proceed to your next RV vacation spot.

As a CamperForce associate, you’ll be able to pick and choose from several assignments based on your availability and location preferences. Picking, packing, stowing, and receiving are the four types of duties.

You can earn around $600 weekly as a full-time, seasonal associate. All warehouse staff at Amazon get a minimum of $15 per hour. Amazon, on the other hand, pays for RV campgrounds for CamperForce employees.

8. Become a Blogger

Have you ever wanted to establish a lifestyle blog, share how-to videos or recipes, or have your views and ideas published in any other way? While doing so, you can earn money from Amazon!

Consider the following scenario. You locate an excellent product on Amazon, share the link with your friends, and get paid a commission if they buy it. Because that link reaches out to a lot more people through your site, you may earn a lot more money in commissions.

9. The Amazon Associates program

Amazon Associates is an affiliate network in which you join to receive unique links that you may share only with your friends.

You get a portion of the sale when someone clicks on the link and buys anything. The rewards of this money-making approach vary substantially. The Amazon Associates program is the most well-known affiliate program on the web.

While the commission percentages aren’t incredibly high—typically 3-5 percent–the conversion rates and volume you earn from sharing those links more than compensate.

The disadvantage is that you must be an online influencer. Making many sales commissions may be challenging if you don’t have a large social media following (or blog).

With retail arbitrage, you may turn store-bought items into cash. In wooden tiles, arbitrage is spelled out.

People also read:How to Make Money on TikTok

10. Using online arbitrage, you may flip things from online retail stores.

Instead of buying things in-store as you would with retail arbitrage, you acquire products to flip on Amazon from other e-commerce businesses.

You’re limited to actual stores in your region with retail arbitrage, while the opportunities for acquiring merchandise are practically limitless with internet arbitrage.

Many online stores, such as eBay, Walmart, Target, CVS, Home Depot, and others, provide possibilities for flipping items.

This method’s earning potential varies. The amount of money you can make with internet arbitrage is mainly determined by how much work you put into it.

You will not make any money if you have problems identifying good things online.

11. As an Amazon representative, you may work from home.

Get started by learning more about Amazon’s work from home hiring process. While working from home, you can make money on Amazon.

Amazon is gradually becoming one of the world’s largest employers. Following the acquisition of Whole Foods in 2017, Amazon currently employs over 650,000 people.

Naturally, not every one of those workers works at Amazon’s Seattle headquarters. Many of Amazon’s employees are remote workers who work from the comfort of their own homes.

You can expect to earn roughly $30,000 per year as a full-time sales representative. Your role will determine the amount of money you make as a work-from-home Amazon employee.

According to a short search on Google, most of the jobs available are in data entry and customer service. It’s one of the most common ways for many Amazon merchants to generate money.

12. Create and sell your t-shirts, caps, and coffee mugs.

Have a great concept for a t-shirt or coffee mug but don’t want to invest the money to make hundreds?

Then Merch by Amazon is the place to be. Merch is a print-on-demand service that lets you upload designs to Amazon’s database and has them printed on demand. When you sell anything on Amazon, they produce it for you, ship it to you, and you get paid.

The rewards of this money-making approach vary substantially.

Amazon will pay you a royalty fee if you sell an item via Merch by Amazon. Your royalties will range from 13 percent to 37 percent, depending on the price of the goods.

Check this out: How to Make Money on Reddit (25 Legit Ways)

13. Amazon Services

Amazon Services is a great place to advertise your services. It is more than simply an e-commerce platform. They, too, are embracing the gig economy. Amazon Services, in essence, enables entrepreneurs to offer their services online.

If you’re a plumber, lawn care expert, dog walker, or piano instructor, Amazon Services can help you connect with individuals who need your services.

The rewards of this money-making approach vary substantially.

There’s no limit to what you can do! If the market is prepared to pay for it, you can ask for what you create.

Yes, it is a competitive environment. You may use the Amazon services platform to expand your service-based firm fast if you have the correct mentality and determination.

14. Participate in the Mechanical Turk initiative.

Mturk (Amazon Mechanical Turk) is a crowdsourcing platform.

Mechanical Turk is a little Amazon initiative with a hilarious name (MTurk). It is a platform for outsourced jobs such as data validation, research, and survey participation.

Mechanical Turk results from the joint labor of hundreds of distant employees like you, despite the name’s artificial intelligence connotation.

For a 20-hour workweek, expect to pay between $120 and $200.

Mechanical Turk pays slightly less than some of Amazon’s labor programs since it is more low-maintenance. According to internet sources, mechanical Turk workers may earn between $6 and $10 per hour.

15. Work at one of Amazon’s fulfillment/distribution centers 

Working at one of Amazon’s fulfillment/distribution centers is one of the most effective methods of making money on Amazon. You’re working in one of Amazon’s enormous fulfillment centers.

Amazon employees help Amazon and its first- and third-party merchants choose, pack, store, and ship merchandise.

You can expect to earn around $30,000 per year as a full-time associate. Warehouse associates at Amazon make a minimum of $15 per hour. The corporation also compensates them.

Tips for making money selling on Amazon

If you’re looking for a way to make extra money, you should on Amazon. It’s a great way to get your products in front of a large audience and make a profit. Here are some tips for getting started:

Choose the right products to sell. When choosing what to sell, think about what you know and what you’re good at. There are plenty of products to choose from, so find something you can be passionate about and have a good profit margin.

Register for an Amazon seller’s account. This is easy to do and free. You’ll need to provide some basic information about yourself and your business.

Create product listings. Once your account is set up, you can start creating product listings.

Read also: How To Make Money On Reddit: Easy Ways That Work

How to Create an Amazon Account

Step 1: On your device browser visit: www.sell.amazon.com

www.sell.amazon.com
Amazon selling signup page
Amazon sign-up page

Step 2: Click on the signup bottom, enter your details and click on Next

selling.amazon.com
Amazon

Step 3: Read through the terms and then click on the BEGIN button

Step 4: Read through the terms and conditions then go ahead and continue Entering the rest of your Business details.

Amazon terms and condition page
Amazon terms and condition page

Once you are done signing up and inputting your business details you’ll be well on your way to selling on Amazon.

Conclusion

There are a few things to keep in mind when selling on Amazon. First, be sure to determine if Amazon is the right platform for your products. Next, research what items are selling well on the site and find a supplier who can offer you a good price.

Finally, use Amazon’s Seller Central to create an account, list your products, and manage your orders. By following these simple steps, you can start making money by selling on Amazon.

check this out: How to Make Money Online for Beginners [20 Tips that Works]

FAQs

Which method of selling on Amazon is the most profitable?

Direct sourcing is often the most cost-effective method of locating things to sell on Amazon. You buy things directly from the producer using direct sourcing. Direct-source stock items, which are things that the manufacturer already creates, can be purchased at cheaper per-unit costs than wholesale rates

Is it possible to make a lot of money on Amazon?

Although with Amazon’s vast audience to sell to, your earning potential with Amazon Handmade is boundless, 63 percent of Handmade entrepreneurs earn over $1,000 each month in sales. Handmade vendors are lucrative even with Amazon’s fees. Profit margins of more than 20% have been reported by 33% of handmade merchants.

How much do the majority of Amazon sellers earn?

Most Amazon sellers sell at least $1,000 per month, while some super-sellers sell for more than $100,000 each month. 50% of Amazon sellers earn $1,000 to $25,000 each month, which translates to $12,000 to $300,000 in annual revenue.

What are the best ways to make oney selling on Amazon?

Here are the how you can make money on Amazon by selling:

  • Affiliate Marketing
  • Sell Handmade on Amazon
  • Kindle Direct Publishing
  • Selling wholesale products
  • Deliver Amazon’s Products
  • Dropshipping
  • Seasonal work for Amazon with CamperForce
  • Become a Blogger
  • The Amazon Associates program
  • Using online arbitrage, you may flip things from online retail stores.
  • As an Amazon representative, you may work from home.
  • Create and sell your t-shirts, caps, and coffee mugs.
  • Amazon Services
  • Participate in the Mechanical Turk initiative
  • Work at one of Amazon’s fulfillment/distribution centers 

References

Recommendations

0 Shares:
Leave a Reply

Your email address will not be published.

You May Also Like