It’s true that Amazon started its operation by selling books online through its small website. Now it’s worth more than $602 billion and being as the world largest retailer. Let’s learn what are the best ways to make money on Amazon.
Make money on Amazon is continued to grow greatly. Many financial experts likely predict that Amazon will reach $1 trillion very soon.
Amazon not only selling things online. Also it produces TV shows, movies using Amazon Studios for $13 billion and grocery business as well.
Amazon also owns many businesses like IMBD, Audible, Good reads, Twitch TV, Zappos and more.
As this company grows, Amazon offers many other side hustle to the people who want to extra cash online, earn money from amazon online jobs. Also the one of the best opportunities to make money on amazon is selling products online.
Real Ways to Earn Money on Amazon
Let’s start learn how to make money on Amazon online. Here we’ll explore the the best ways to earn money online on Amazon.
1. Sell Products through Amazon’s FBA
The full form of FBA is fulfilled by Amazon. FBA will help you to deliver the products of your reference or affiliate links to the door steps. FBA will collect the inventory of products to be delivered from Amazon’s warehouse to the respective places.
Also you will have an option to deliver the products yourself in order to avoid amazon shipping charges. Though there are some pros and cons for doing self-deliver on Amazon.
Keep in your mind that if you want to do the Amazon FBA business without any issue or delay, we would strongly suggest you to go with Amazon delivery only.
Although we have listed the many ways to earn money on Amazon, becoming a selling is the best way for your to earn some extra cash. But you need to research more and do well with amazon online selling business.
Understanding of Amazon Selling Before you start
It’s very common that there is a big competition to sell products on Amazon. You need to understand the basic scenario that how to sell the products from Amazon.
Selling products through Amazon is like a gamble, when you know Amazon’s rules and conditions then you can easily make money on Amazon. The best time to earn money from Amazon online is holidays time.
For an instance, after doing deep research on Amazon, you would like to sell face cream which you can source from Alibaba.
It’s true that you’re not the first one to sell this face cream from Alibaba. But not to say, you won’t be the first one to make money from this product.
However, if you do selling high amount or volume of this product then you could be the first one who earn more money from this product.
Things you should know as an Amazon Seller
If possible, try to sell the product which range from $40-$50, so that you can aim for margins as $15-$20,
Ensure that you’re having inventory for at least 4-5 months before the holidays. Stock up the product as you may sell more during holidays.
Maintain well about the shipping details in order to keep you Amazon online business well.
Refer: ySense Earnings
2. Make Money with Amazon Associates or Amazon Affiliate Program
Amazon affiliate business is one of the east ways to make passive income. If you have a blog or website and getting decent volume of traffic then Amazon affiliate marketing is one of the best online business ideas to earn money.
Once you become an affiliate with Amazon, you will be given Amazon affiliate links and banner which you can place on your blog or website.
Making money from Amazon Associates program is the most popular way on online. Amazon affiliate program is open for anyone who has blog, website or any other social media page.
Amazon Associate Program or Affiliate Program is 100% free.
Once your affiliate request is approved, you will get access to your own dashboard. Here you can create great amazon ads along with the affiliate link which you can promote through your blog, website or social media.
Amazon associate programs work simply that when a visitor on your blog or website clicks on our affiliate link or banner to purchase something, you will get commission out of it.
Amazon pays 4% to 20% as affiliate commission for each purchase happening from your affiliate link.
Many affiliates around the world are making regular passive income from Amazon associate programs. Based on the reviews and description of the products they write honestly, they will attract more people to buy their products.
3. Private Label on Your Products
Many seller use private labeling to stand out in the amazon selling race. Yes, most of the experience sellers from Amazon have opted to private label on their products or items. Private label nothing but they just register it on Amazon as their own, that’s it.
But the process of private labeling is somewhat complicated than simply buying an item from the sellers like Alibaba.
The best part of the private labeling or selling your own branded products on Amazon is that you will always have the full control on your product lists. This will have full rights to you in order to change or control your products.
For an instance, if your customer complains about your product then you will have complete rights to make the changes on it.
4. Retail Arbitrage
Retail Arbitrage is buying for low price and selling for high price. RA or Retail Arbitrage is opposite characteristic of private labeling.
Sellers spend more time to find out the best and cheap deals in the local stores. They buy those products like clearance products and sell it on Amazon for good profit.
It’s very simple strategy that you need to figure out through local store and make use of an app to scan the items to verify the selling price on Amazon. Based on this research they start selling and making product through Retail Arbitrage.
Although, Retails Arbitrage is not suitable for all, because it has lots of research and time to find out the best places about good deals and clearance sales. Also, you need to physically visit the places to pick the products to sell for profit.
Also Read: Best earning app 2020
5. Amazon Flex
Amazon Flex is one the popular ways to make money on Amazon. If you have a vehicle with valid license then you have join with Amazon Flex to earn money.
You might have seen sometimes that when you order from Amazon, they package has been covered with the plain cloth. Amazon same-day delivery feature has sparked and deliver more in the various metropolitan areas.
You can easily make money from Amazon Flex by downloading their app and fill out the required personal details. Based on the current position and availability of Flex member, you need to wait for sometimes to get approved to work as an Amazon Flex employee.
Amazon Flex pays starting from $18 to $25 per hour. Your amazon flex pay may vary based on the product your deliver and nature of the delivery. Also, you may have an opportunity to get tips from the happy customers as well.
Once your Amazon Flex request is verified and approved, you can start delivery for Amazon. You can do many types Amazon deliveries like,
- Amazon Prime
- Amazon Local
- Fresh Amazon
- Amazon Pantry and more.
Amazon Flex pays twice in a week, ie., Wednesday and Saturday.
6. Delivery Fulfillment Warehouse Associates
If you have located in a permanent place, you can apply for a delivery warehouse associates on Amazon.
You can earn money on Amazon as an Warehouse associates for their sortation centers, fulfillment centers, Campus pickup points, Prime Now Locations and customer service locations.
You can apply for this delivery fulfillment warehouse associate position as part-time positions, full time positions and based on the location you live.
7. Work from Home for Amazon
If you’re looking for home based business or home based jobs, you can get in touch with Amazon customer service team. They are known as Amazon’s work from home customer service associate.
If you have the right qualifications then you may apply for Amazon’s work-from-home positions.
Work from home for Amazon jobs available for the certain areas. You can filter out the search based on the location and the categories.
You can get $10 per house as a part time or full time Amazon associates. There are many seasonal positions are available on Amazon. You need to work hard to get a permanent position on Amazon work from home opportunities.
The popular work from home Amazon’s job is customer service representatives. You need to speak a second language other than the English language.
If you have technical background then you may apply for Cloud-Tech account mangers and Tech trainers position as well.
Related: Best online jobs 2020
8. Sell on Amazon
Anyone from any category can become a seller on Amazon. You may be owning a MNC or startup company or a small retail or a brand owner.
People who have a startup business or home based business and like to promote their business by growing their customers, Amazon helps those people to get more customers by offering an ideal platforms to them.
We know that all big companies have a big team to create and upload eye-catching images of their products. Also they are very specialize in writing good and attractive description about the items.
All small or start-up business also can promote their products by these activities.
Selling products on Amazon is very simple, all you need to list out the products and process the order to deliver through Amazon.
9. Sell Apps on Amazon
Many designers and Software developers are making regular income from Amazon by developing apps for Amazon.
If you’re a software developer and want to make money on Amazon then apply for an Amazon Developer account. Opening a developer account with Amazon is completely free.
You can run test of your own app on Amazon for free. Once your app is good for sale then publish it and sell it through Amazon App store and make money.
10. Join mTurk and Earn Money on Amazon
Earn money on Amazon mTurk is one of the simple ways to earn from Amazon website. There are many simple tasks available like, online survey jobs, mindless tasks and simple tasks as well.
Mturk is a crowd-sourcing marketplace. It has been created to bridge between the tasks which can be done by a human and a computer.
Amazon mTurk calls the tasks as “HIT – Human Intelligence Tasks“.
Mturk Review from Gizmodo says “If you have an internet connection and little free timing like minutes, you can easily make few bucks through handful of odd jobs.”
Amazon mTurk tasks includes,
It’s not possible to make more money from mTurk tasks but it’s sure that you can earn some extra cash online.
11. Sell on Amazon Business
One of the popular platforms from Amazon is Amazon Business. It encourages B2B – Business to Business sales and purchases.
Amazon B2B service is very helpful to the people who have a business which serve other companies.
If you’re having business like, machinery, chemicals, industrial applications and similar, Amazon B2B helps to promote your business.
Amazon offers an economical B2B advertising facility to the businessmen to promote their services and products to engage more with the customers. Many foreign companies are getting benefited from the Amazon B2B service.
Amazon Business is a responsible system; people can sell the products which are legit. Amazon B2B exports and imports the products under the laws of the land.
Many small and start-up businesses are making use of Amazon Business for their business growth.
12. Amazon Online Jobs
Earn money from home is trending and Amazon is one of the best place to earn money from your home comfort.
All we know that Amazon is the most trusted online store on web for a long time. So we do not worry about getting payment from Amazon.
Many people around the world are making regular income from Amazon Online Jobs.
The Popular Work from Home Jobs from Amazon is,
Amazon Kindle Store
Seller on Amazon
Amazon Mechanical Turk
Amazon Data Entry Jobs
Virtual Assistant Jobs from Amazon and more.
13. Apply for Amazon Handmade
Amazon handmade is the best place to earn money from handmade items or products.
If you have skills to make the handmade items like jewelry, bags, dresses and any other handmade items then you can easily make money on Amazon Handmade.
Amazon handmade marketing place will be directly competes with eBay and Etsy. You can reach more people through Amazon handmade.
Handmade’s fee is slightly higher than eBay and Etsy. They charge 15% as commission and also they charge $1 minimum referral fee.
Etsy charges 3.5% as commission and 20% item listing fee.
You can apply here for Amazon Handmade to start make money on Amazon through handmade products or items.
14. Make Money from Amazon Merch
If you are creative and able to create designs and you can easily make money on Amazon Merch.
Making some cool designs help you to earn money.
Your earning from Amazon Merch may be seasonal or timely. You need to find out the trending design based on the situations and mind reading of people.
You need to apply for Amazon Merch in order to apply your design on Amazon to get paid.
16. Amazon Trade-In
17. Amazon Vine
21. Amazon Games
22. Amazon Reviews
You’ve read the 22 best ways to make money on Amazon. You may be an expert in selling products, offering a service, promoting offers or writing reviews, people are always using Amazon website for many purposes.
It’s sure that Amazon is the best place to earn money online. You can turn your side hustle from Amazon to your main hustle.
All the best and Start Make Money on Amazon now!!!
Do you have any other ways to earn money on Amazon website? Please list out in the comment section below.!!!