How to make money on Amazon

make money on Amazon

It is estimated that there are over 1 million sellers on Amazon and that over 40% of the products purchased on Amazon are sold by third party sellers. In order to become one of the approximately 1 million active sellers on Amazon you will need to follow a few simple steps. After you become a seller you will have to wait for your data feed to be approved, you should receive an e-mail from Amazon once your feed has been created.

Making money on Amazon has become a trend in the past few years. The way to make money on amazon is to sell products online for a profit. There are many ways to do this, and I will show you how.

Many of us know Amazon as a convenient website where you can buy just about anything you need. But for some, it’s much more than that: it’s a great way to make money. Here’s how.

It’s no secret that Amazon is a very convenient site for shoppers. What is less known, however, is that it is easy to generate income on this site – and not just as a seller.

Of course, selling is one of the most common ways to make money on Amazon, and we’ve provided some tips below to maximize your profits as a seller. But it is far from the only option. Moreover, you can even earn passive income through the website, so you can make money while you sleep.

Below you’ll find all the information you need to start selling on Amazon, as well as our list of the 11 best ways to make money on the site (with and without sales).

Want to start selling on Amazon? Getting started is easy, but there are a few important things to consider before signing up.

The most important things to consider are what type of sales plan is right for you on Amazon and whether it’s worth paying the seller a commission.

When choosing an Amazon sales plan, ask yourself if you’re going to sell a large enough number of items each month at a high enough price to choose a professional plan, or if you’re better off going with a basic plan.

If you’re not sure how many items you’ll be selling per month, it’s best to start with a basic rate and then consider switching to a professional rate if you decide it’s worth it.

However, if you decide to go for a professional sales plan, it may be worth trying the Fulfilment by Amazon (FBA) system as well. It’s an extra cost, but it means you can reach more customers, with Amazon taking care of the packaging and shipping. We’ll come back to that later.

Appropriations : Evgeny Kravchenko, kamui29, Bell Photography 423 – Shutterstock

As mentioned above, there is a fee per item for the individual sales plan (0.75 euros) and a fee per month for the professional plan (25 euros). There are also additional costs that apply to both plans.

For more information, including specific recommendations for each product type, visit Amazon’s recommendations page.

Signing up for Amazon Launchpad

Appropriations : WAYHOME Studio – Shutterstock

If you sell innovative products and have an interesting brand story, you can sign up for Amazon Launchpad.

Applications are reviewed on an individual basis, so there is no guarantee that you will be admitted.

But if you become one, you’ll gain access to additional sales opportunities, such as customer engagement tools, the ability to showcase your brand on the Amazon Launchpad homepage, and strategic support from a manager who can help you grow your business.

Note that if you sell through Amazon Launchpad, in addition to the normal referral fee, you must also pay a 5% referral fee for each item sold. More information can be found here.

Selling old items on Amazon

Don’t know what to sell on Amazon to make money? Look through your old stuff – there’s probably a lot of stuff you don’t use anymore that you could sell online.

In some ways, old items can be some of the best items for sale on Amazon.

Not only does this mean that your already purchased items end up in a good home rather than in the landfill (which is an important reason in itself), but it also means that you can reduce the cost of buying or making items to sell and just enjoy the items you already have.

For example, if you are completing a module at university, you can sell your old books on Amazon to fund the new books you need.

If you’re selling used items on Amazon, you should describe their condition clearly and honestly.

Get inspired by our guide to the best second-hand items for sale.

Also, have you thought about selling on eBay? Check out both sites to compare commissions for the types of products you sell and see which site offers the lowest cost.

Getting Started with Affiliate Marketing

Appropriations : Images of flamingos, Pinone Pantone, Avector – Shutterstock

Perhaps the best way to make money on Amazon without selling is to join Amazon’s affiliate marketing program.

Affiliate marketing, for example, involves sharing links to online products. For example on social media or on your own blog. Then when people buy products through these links, you can make money on the sale at no extra cost to the buyer.

Or, if you have a particularly large number of followers on your social media accounts, you can apply to become an Amazon influencer. In this case, you will still be promoting and selling products, but you will have your own page on Amazon where you can choose which products to promote.

Not sure if affiliate marketing is for you? We discuss this in more detail in our guide to passive income.

Handmade crafts for sale on Amazon Handmade

Do you have a talent for crafts, crafts or DIY? Amazon Handmade can be a great platform to start selling your artwork, jewelry, textiles or anything else handmade.

Amazon Handmade is currently offering a reduced referral fee until the 31st. December 2021: from 15.3% to 12.24% (with a minimum referral fee of £0.25).

If this option works for you, you should also look at the commissions associated with sales on Etsy. We recommend that you do some calculations to determine whether you will earn more or less on each item, depending on factors such as the selling price of your item and the cost of postage and packaging.

Shipping by Amazon

Appropriations : J.K2507 – Shutterstock

If you can drive and have a car in college, delivering packages through Amazon Flex could be the perfect way to make money in your spare time.

Amazon estimates that you can earn around £13 to £15 an hour as a delivery driver, but it’s important to remember that you can also end up earning slightly less than this amount.

As an Amazon Flex delivery driver, you work as an independent contractor, so you’re responsible for expenses like mileage, parking fees, and tolls. This means that if you earn £13 an hour, some of that money can be used for rates.

Still, it can pay well, and flexible hours are an advantage for students. And our money-saving driving tips can help you spend a little less on shipping.

Sales via Fulfilment by Amazon

To ensure you make the most money as a seller on Amazon, you need to research which is best for your business – Fulfilment by Amazon (FBA) or Fulfilment by Merchant (FBM).

If you are just starting out, FBM is probably the best choice for you. This means that you are responsible for the packaging and delivery. But as your online store grows, it can be difficult to manage all the P&P traffic on your own, let alone manage the inventory internally.

With FBA, you can send your items to Amazon’s warehouse and Amazon will take care of the packaging and shipping. Moreover, your ads can attract more buyers to your site by giving them a Prime badge that highlights the speed of delivery.

However, these options come with additional costs: you will have to pay shipping and storage fees. They depend on the size and type of your product. See this page for more information.

Publishing eBooks on Kindle

Photo credit: dean bertoncelj – Shutterstock

Have you always wanted to make money writing? Publishing e-books on Amazon Kindle is one way to do this.

All you need to start writing an e-book is an idea, some free time, and enough dedication.

Whether it’s fiction or non-fiction, there’s a wide range of topics you can write your book about. For ideas on popular genres (and other tips for making money), check out our complete guide to maximizing profits from your ebooks.

Selling projects through Merch by Amazon

Anyone with a love of art and design should check out Merch by Amazon. You need an invitation to start, but if you apply and impress them, it may lead to an invitation.

Merch by Amazon lets you upload an image and choose the type of product you want to print the image on and its color. Then just add a description of the product and set the price.

When people buy your product, Amazon takes care of production, shipping, and customer service, and then pays you a fee for each sale. The amount of royalties depends on the type of product and the price set for your product.

For example, for a standard t-shirt worth € 15.99 the fee is € 2.89 (18% of the purchase price). However, for a sweatshirt costing £27.99, the fee is only £2.52 (9% of the purchase price).

If you sign up for this program, do thorough research before you start to make sure you get the most out of your sales.

Bonus Tip: Merch by Amazon is non-exclusive, which means you can also sell your designs on other sites, like Zazzle (also non-exclusive).

Also, check out our guide to the best passive income ideas for more tips on print-on-demand articles.

RedeemAmazon devices forgift cards

Appropriations : Zapp2Photo – Shutterstock

If you are a fan of Amazon devices, you should definitely check out their trade-in program. You can send in your old devices and receive an Amazon voucher in return.

You can use the voucher to get a discount on an item in the same product category (for example, if you return a tablet, you can use the voucher to buy a new tablet).

It’s free. Simply go to the trade-in store and select the device you want to trade in. You then have to answer a few questions about the condition of your item (it may be accepted if it doesn’t work), and Amazon will tell you the price.

You will then receive an invoice with which you can send the article free of charge. Once the status is verified by Amazon, the gift card for the new device will be automatically credited to your account. This is such an easy way to save money on gadgets.

Freelance work for Amazon sellers

Selling on Amazon can be a lot of work. That’s why some sellers need help with different aspects of their online store, and that’s where you come in.

Even if you don’t want to sell things yourself, you have a lot of skills that you can use to make money on Amazon, so you can work for independent sellers.

For example, if you are a talented photographer, you can suggest that sellers take striking photos of the merchandise. If you are detail-oriented, you can also revise and edit product descriptions.

Many people use Fiverr to promote their freelance services to Amazon sellers – it’s a great place to start.

Working on Amazon

Appropriation : Jacob Lund – Shutterstock

If making money at Amazon isn’t enough for you, there are definitely opportunities to work for Amazon.

Amazon offers such a wide range of jobs that no matter what your skills are, there’s always a job that suits you. Plus, as a global brand, Amazon can offer great career opportunities.

Do you think it’s a good idea to work there? Check out the careers page to see if any of the current jobs might interest you, including undergraduate and graduate jobs.

These jobs are very competitive, so it is important that you put a lot of time and effort into your application and do your best to make your resume stand out.

And if you do manage to get an interview at Amazon, make sure you’ve done your research and are prepared to answer the most common questions. Good luck!

Did you know that students can get Amazon Prime for free for six months? No wonder it tops our list of the best free trials…..

This source has been very much helpful in doing our research. Read more about how to make money on amazon without selling and let us know what you think.

Frequently Asked Questions

How can I make money from Amazon at home?

To get started, you should find some products that you know a lot about. It is too hard to sell products that you know little about, and it will be obvious that you are clueless about the product. You should choose a product that you know well, and that you are passionate about. There are many different kinds of products to sell. You can sell books, DVDs, music, electronics, and much more. Think about the products that you use on a regular basis, and then decide if you would like to start selling them. Many people are searching for how to make money from Amazon at home. But most of them don’t know how to do it. Fortunately, in today’s article we’ll explain what are the basic things that you need to do to make money from Amazon at home. And there you have it, a nice and simple set of 10 blog post ideas for your chosen niche. Now, it’s time to think about which blog you will use as your starting point. Step 4: Choose your blog platform Your niche is solid, and you have 10 great ideas for blog posts. Now it’s time to think about the most important decision you’ll need to make when building out your blog:

Can you really make money on Amazon?

So, you want to get paid to recommend products on Amazon? You’re in the right place.  Here’s the thing: You can’t just go on Amazon and start recommending products. Amazon is very protective of their community and they only allow recommendations of certain products. Luckily, those products are often fairly high quality and they can sell a lot of units. In the past couple of years the Internet has seen a lot of testimonies of people making thousands of dollars a day promoting products on Amazon. That’s why people want in on the action. However, Amazon is not an easy game to play. It takes a lot of time and effort to make money following the same techniques that have made others so wealthy on the site. You have to be constantly Amazon has revolutionized the e-commerce industry by not only providing products to millions of customers, but also by being a platform for thousands of people to make money by selling their own products. One of the most common questions asked by people looking to sell on Amazon is: can you really make money on Amazon? It is possible to make money on Amazon, but it takes time to get established and learn about the business.

How much money do I need to start selling on Amazon?

How much money do you need to start selling on Amazon? The answer to this question depends on a variety of factors. The first thing you need is a product that people want. You can then sell that product on your own site or sell it on Amazon. One of the most popular ways of selling on Amazon is to be an affiliate. As an affiliate you will get a commission for each item sold, and you can do this on a small budget. Bloggers are a great example. If you have a blog and have decided to monetize it, you can write a review on a product and sell it on Amazon. If you’re interested in selling your products on Amazon, you may be wondering how much money you need to start. The good news is that you can open an Amazon seller account for free when you’re just getting started. From there, you can sell up to 40 items per month through a free 30-day trial of the Individual and Pro selling plans. (If you exceed your limit, you can request an increase in your selling limits.) Be aware, though, that Amazon will charge you a $0.99 per item fee for items that aren’t yours, so you won’t want to throw caution to the wind and start selling everything you own.

 

make money on Amazon
Next Post

No more post

You May Also Like

Leave a Reply

Your email address will not be published. Required fields are marked *