Today, Amazon is one of the largest online retailers in the world, delivering goods and services to many countries across the globe. What started as an online marketplace quickly grew to en-compensate books, movies, TV shows, and other pieces of media as well.
Amazon also happens to be one of the biggest companies in the whole world, and its founder, Jeff Bezos, is notorious for his wealth that he made with what started as a small company.
As you’re probably already aware, Amazon isn’t only for buying products or books and movies. Many users turn to Amazon as a way to make money and making Amazon your full-time job isnt that uncommon nowadays.
From dropshipping to Amazon reviews, the platform offers many different ways to make money. Here’s everything you need to know about how to make money with amazon!
How can you make money with Amazon?
The best ways to make money with Amazon are:
- Joining the Amazon Associates Program
- Selling Products as an Amazon Seller
- Publishing eBooks with Kindle Direct Publishing (KDP)
- Building Your Own Brand with Private Label Products
- Trying Retail and Online Arbitrage
- Joining the Amazon Influencer Program
- Using Amazon Handmade to Sell Unique Items
- Designing and Selling T-Shirts with Amazon Merch
- Delivering Packages or Starting an Amazon Business
- Offering Services on Amazon Mechanical Turk
Let’s briefly have an in-depth look at each of the methods that you can use to make money with Amazon:
Amazon Associates Program
Affiliate marketing is one of the most popular ways to make money with Social media. If you’ve got your own blog, YouTube channel, or any kind of online presence with considerable amount of veiws, you can apply for Amazon’s affiliate marketing program. Just like with any other kind of affiliate marketing, all you need to do is to include links to Amazon in your content, and you can enjoy a steady passive income, provided enough people use your referral link.
While this is technically the most effortless way to make money with Amazon, you have to keep in mind that you may only enter the Amazon Associates Program once you have a sizable audience. This means that this method might not be accessible to most people.
Selling Products
By far the easiest and most common way to make money with Amazon is simply selling products. Whether you have your own products, or simply want to earn money via dropshipping, there are countless ways to open up your own online business via Amazon.
While everyone can try their luck at selling products on Amazon, you have to keep in mind that you need to have a business plan, as well an understanding of all legal procedures which might be related to selling on Amazon within your area. You can find all the relevant information in your Amazon seller account panel, where you can design your individual business plan and make money on Amazon.
Publishing eBooks
Amazon Kindle is one of the world’s most popular e-readers brand, but Amazon also offers a number of services targeted to readers as well. While you can easily purchase eBooks with Amazon Kindle and send them directly to your reader, but you can also publish your own work in a form of a Kindle eBook, which others can purchase and read.
Publishing eBooks with Kindle direct publishing (KDP for short) is straightforward and easy, and is an awesome and creative way to make money with Amazon. You can even convert your books to audio via audiobook creation exchange and open up a completely new revenue stream, provided you’re good enough writer.
Private Label Brand
If you’ve got a knack for entrepreneurship, Amazon brand registry might be what you need to kick-start your career into the world of business, while making money with Amazon at the same time. In brief words, Amazon brand registry lets you outsource fulfillment as well as many of the decisions related to your business’s upkeep to Amazon. This way you can keep your business running smoothly, while at the same time saving both money and time.
Keep in mind that not every company or business can be considered a private label brand fit for Amazon’s brand registry. Although you don’t need physical stores or global audience, you still need to have a profitable business, which can potentially turn some financial gain for Amazon as well.
Online and Retail Arbitrage
While it’s a controversial method, this particular niche can turn some serious profit, provide you’re dedicated and put in enough effort, and can be a very profitable side hustle. With retail and online arbitrage you make money on Amazon by buying out either free or discounted products, and proceed to re-sell them on amazon for a larger amount of money. While this requires a good understanding of inventory management and quick thinking, re-selling cheap physical products in bulk can make you a lot of money even on a single transaction.
While it might sound tempting, remember that online arbitrage is risky, and worst case scenario you’ll be left with financial losses, as well as leftover products. If you want to make money on Amazon with arbitrage, make sure to do a thorough research beforehand.
Amazon Influencer Program
The Amazon Influencer Program allows creators to make money with Amazon by promoting Amazon products across social media platforms. As an Amazon influencer, you can create a custom URL or custom storefront to feature multiple products and drive traffic from your YouTube channel or Instagram. All you need to do is to advertise Amazon products, and watch your money roll in.
Building a strong social media presence and producing high quality content can help you generate passive income and connect with a global audience while increasing customer engagement. Although this method requires you to already have a fan base of your own, it can be a great way to monetize your brand and turn your blog, website, or a YouTube channel into a money-making machine.
Amazon Handmade
If crafts are your hobby, you’ll be happy to learn that you can make money on Amazon by selling your crafts online, turning it into a great hobby to make money with. Many buyers are on a lookout for some handmade items and goods, whether it’s for a gift or because they enjoy higher quality products. Whether it’s pottery, knitting or any other form of crafting, Amazon Handmade allows you to easily reach a new audience and make money on Amazon.
Selling your crafts at Amazon Handmade doesn’t require an upfront investment or a professional selling plan, meaning that anyone can try it themselves. If you’re already knitting, paining, or doing anything else creative, you might as well turn it into an Amazon product!
T-Shirts and Amazon Merch
If you’re an artist, Amazon offers a quick way to reach new audiences with your art in the form of T-Shirts and Amazon Merch. With Amazon services, you can sell T-shirts, Tote Bags and other products with your design, with near to no effort on your own. Buyers can order merch and products with your design from Amazon, with you making money on Amazon on every purchase.
Amazon Merch is relatively easy to use, but the competition is very stiff, meaning that if you don’t have a reliable or easily recognizable design, your products might drown in the sea of other Amazon merch available. Still, Amazon merch takes nearly no upfront investment, as well as no extra money from your side, meaning that you can try it relatively risk-free.
Deliver Packages or Start an Amazon business
If you don’t want to manage sales and customer base, you can make money on Amazon by delivering packages, either via the logistics ecosystem, or by starting your own Amazon business. Amazon business model is based on fast and reliable deliveries, and if you can join the fleet of its drivers, you might be in for some real money.
While it can be a great way to make money with your car, make sure you have an effective professional plan, as well as all the necessary permits in your country before you attempt Amazon delivery. However, if you’ve got a passion for driving and efficient business execution, you might just find a brand new source of income.
Amazon Mechanical Turk
Amazon Mechanical Turk is a crowd-sourcing platform that allows you to make money on Amazon by completing small online tasks. It’s ideal for anyone looking to generate passive income or add a new revenue stream alongside other activities, such as participating in the affiliate marketing program or selling products.
Although the payouts are relatively small, this method offers flexible earning opportunities. You can earn money while testing product ideas, building experience, and even preparing to eventually sell physical products or manage your own Amazon store. Mechanical Turk is also a popular way to make money on surveys.
Can I make $1000 a month on Amazon?
Yes, anyone can make an extra $1000 a month with Amazon. While your Amazon income is highly dependent on a variety of different factors, here are certain steps that you can take to ensure that you make $1000 a month on Amazon or more.
If you want to make money on Amazon,keep in mind these couple of important tips:
- Make sure to choose an attractive product category with competitive pricing. Research is one of the most important steps when it comes to money, selling, and buying at Amazon.
- If you’re in Amazon affiliate program, make sure to focus on creating content instead of advertising. When you create attractive content the money from affiliate links will flow by itself.
- If you plan to sell eBooks for Kindle, make a thorough market research first. Some particularly marketable and popular tropes and categories might attract a larger audience, and in turn more profit.
This are very general tips, but if you follow them you’ll quickly find your Amazon business generating you $1000 a month or even more!
Check out this video guide by Oliver Denyer to learn more about how to make $1000 a month with Amazon:
How much does a beginner earn from Amazon?
A beginner can generally earn around $50 to $500 on Amazon, though this depends on many different factors. You have to keep in mind that Amazon isn’t a get-rich-quick scheme, and making money on Amazon require consistency and dedication. If you’re a complete beginner, who is just starting their first business or simply searching for additional income, you can expect to start slow. However, with smart financial decisions, virtually anyone can start earning at least a couple hundred of dollars every month.
Mechanical Turk is a great method that anyone can use to make money with Amazon, all you need is your phone, internet access, and some free time. You can also consider selling products via dropshipping, a popular choice for many beginners looking to make money with Amazon.
In Conclusion
As you can see, making money on Amazon is easy, and anyone can start earning money on Amazon with little effort. If you prepare a plan and put in time and effort to execute it, you can find yourself richer, without having to leave your home!
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