How to Make Money on Amazon
Affiliate Marketing
One of the most straightforward ways to make money on Amazon without selling anything yourself is as an Amazon affiliate. Amazon’s affiliate program is truly a giant in the Amazon money-making world.
If you have reach online, whether it’s through a website, blog, or because you are a community moderator, you have the capacity to make money as an Amazon affiliate. All you need to do is recommend products on Amazon in a product category that appeals to your audience.
If your audience follows the affiliate link and makes the purchase, you will earn a commission. Generally between 4% and 10% of the product’s purchase price goes to the Amazon affiliate. Being part of the Amazon affiliate program is incredibly easy, and it can be highly lucrative.
Amazon Handmade
If you thought Etsy was the only place to sell quality handmade goods, think again. On Amazon Handmade, you can sell clothing, jewelry, accessories, art, and other artisan goods.
Amazon Merch
Do you consider yourself an artist or designer? Amazon Merch might be right for you. Even if you are not an expert, you may be able to make great designs that make money on this platform, as long as you are upon cultural trends and have basic design software.
You can sell t-shirts, hoodies, and lots of other things carrying your designs. You won’t have to pay anything to sell your merchandise on Amazon. Amazon takes responsibility for printing, shipping, packaging, and supporting the customer.
All you have to do is create your account, upload your design and price, and write your description and color. You get royalty on every design that you sell. What you make depends on how much the product sells for and how much it costs at Amazon to sell it.
Kindle Direct Publishing
Are you a writer, or do you have access to a team of writers? Getting your work published no longer requires the attention of a publishing house. Kindle Direct Publishing lets you publish Kindle books on their platform.
70% of royalties on overall sales can go to you. You aren’t limited to just digital kindle book options on this platform. Hard copies can be printed as well. Prolific writing is key to making money in this area.
Fulfillment by Amazon
An Amazon FBA business isn’t as well-known an option when it comes to making money on Amazon. Still, it’s an excellent way to make money without worrying about shipping or customer support.
Your products are stored in an Amazon warehouse, where they can make you money on the Amazon marketplace without you having to do anything once the products are shipped. Amazon Prime takes advantage of this program to get products to customers faster.
Using the Amazon FBA program, you send your items to an Amazon Center and let them take care of delivery. Customers wouldn’t even know the difference, which is why so many people haven’t heard of this program.
As the Amazon FBA seller, you will be charged by units, depending on weight and size. You also pay a storage fee monthly if your inventory does not sell. Depending on what you have to sell, an Amazon FBA business might be a much better option for you than direct selling on Amazon.