Wondering, how to make money selling on Amazon! You are at the right place.
If you’re concerned that e-commerce has passed you by, don’t be. It’s just getting started. In my experience, the greatest method to generate money online is with Amazon. However, various eCommerce firms like eBay, Shopify, Walmart, and Etsy can help you sell items online easily.
Amazon is a fantastic gateway into the world of e-commerce for individuals who want to get started. Amazon generated $386 billion in sales in 2020. In fact, over half of this revenue was fueled by third-party sales.
But what can you do to get a taste of the Amazon market?
Well, we can help you with that. Now, we shed light on 7 proven ways to make money on Amazon. You can look for the one that resonates well with you.
Let’s get this party started!
Promote Amazon Products With Affiliate Links
Many people are interested in selling Amazon items. However, they don’t want to deal with the effort of finding goods, storing inventory, or filling orders. If you feel this way, Amazon Associates is the program for you.
How To Make Money Selling on Amazon Using Affiliate Links?
This program allows you to use Amazon’s links to promote items sold on their site. Moreover, you can post your links on your blog, social networking sites, or anywhere else on the internet.
You’ll make money by earning a commission whenever someone clicks on one of your links and purchases anything (a referral). The best thing is that you may even profit if they buy something different from what you were promoting.
For those who already have a blog or social media following, this method is a good fit. Alternatively, if you’re comfortable with SEO, you may build an online presence around a certain topic. Now, to begin earning money, optimize your sites for specific terms, promote relevant items, and include your affiliate links.
Sell Your Own Branded Products On Amazon
If you want to sell on Amazon but don’t want to deal with arbitrage, you might consider selling your own private label items. In fact, these are one-of-a-kind products that bear your personal imprint.
The major advantage of selling private label items is that you are the only one selling them. Because you’ll face less competition and won’t have to compete for the buy box with other sellers.
It might appear difficult to come up with your own unique product. However, it’s actually quite simple. All you have to do is alter or improve an existing Amazon item in some way to make it your own.
How To Make Money Selling On Amazon Using AMZ Scout?
Follow these steps to figure out what items you should sell:
Use AMZ Scout Product Database
To discover items that fulfill your criteria, use the AMZScout Product Database. Look for goods with 300 sales each month that are priced between $40 and $70, have fewer than 100 reviews, and weigh less than 5 pounds; these are the most common requirements of successful vendors.
Use The AMZ Scout Pro Extension
Install the AMZScout Pro Extension and look for the items you discovered with the Product Database in it. To ensure they’ll be profitable all year, check their sales history, product, and niche scores.
Connect With A Manufacturer
Find a manufacturer who may make a comparable item for you once you’ve discovered something you’d want to sell. The ideal location to look for one is Alibaba.com. After locating your product on Alibaba, contact manufacturers beginning right away.
If you want to be certain that the product is right for you, purchase a sample. If you’re satisfied with it, place your order.
Deliver Orders Through The Amazon Flex Program
The Amazon Flex program is comparable to Uber. However, instead of transporting individuals, it transports packages.
You may use your own car to transport Amazon purchases with this service. Simply download the app, sign up, reserve a block of orders, retrieve them from the depot, and deliver them to the specified addresses.
This isn’t a scalable business, but it’s a fantastic way to supplement your income. It’s worth noting that the Flex program isn’t yet accessible everywhere. If they don’t need drivers in your area because there are already enough of them, then there won’t be any openings.
Despite everything, if this is a prospect you’re interested in, it’s definitely worth downloading the app and checking it out.
Handmade Products To Make Money Selling On Amazon
Do you have a creative side and enjoy creating your own items? You could consider selling your goods on Amazon if that describes you. Local artisans may sell their products through Amazon Handmade. This includes jewelry, mugs, toys, and beauty products. If you can make it, chances are you can sell it on Amazon.
Of course, the same standards apply when it comes to selling anything. Before you devote all of your time and energy to making something, you should ensure there is actually a demand for it.
This is also why doing preliminary research is a good idea. Because handmade goods may be time-consuming to produce. However, if it’s something you like, this could be an amazing chance for you.
Professional Services To Make Money Selling On Amazon
Amazon got their start by selling items, and now they’re branching out into professional services as well. This is different from the Mechanical Turk platform, which is concerned with unskilled work. You’ll be able to sell expert labor through Amazon Home Services.
This Program Offers:
- Product Assembling Services
- Services for Product Installation
- Services for Home Theatre
- Handyman Services
- Much More
Create A Self-published Book On Amazon Kindle
The days of needing to submit a proposal to a major publisher in order to make money selling books are long gone. Now, you may just publish your own e-books on Amazon’s platform and start earning a nice living.
You have the option of writing either fiction or non-fiction. Although you may make more money writing fiction, it is more difficult to market and sell a novel.
This is why many writers concentrate on non-fiction. Moreover, you can quickly start showing up in Amazon searches if you focus on a popular topic and utilize the correct keywords.
The cost of producing a book is quite low, assuming you’ll do it yourself. You’ll have to pay for a cover design, and hiring someone to edit and format your book is suggested. But neither of these expenses will be prohibitively expensive, making this an excellent opportunity for anybody who enjoys writing.
Amazon Consultation Business
Have you ever sold on Amazon before? You likely have a lot of talents and expertise to offer. Many vendors are seeking consultants who can assist them with the process of starting a business. This includes advice on product research, product sourcing, selling strategies, how to make money, pricing, marketing, and more.
There are even chances for those without prior selling experience. You may have skills that sellers find valuable.
Some Of them Can Be:
Copywriting Services for Product Listing
Photography for Products
Begin by advertising your services on sites like Upwork, Fiverr, and Freelancer. It’s all about getting a few positive comments for things to really start moving forward.