Amazon is the biggest online retailer with millions of goods in different categories. From school bags to automotive parts, you will find all types of goods in this massive marketplace.
Due to the ease of launching an item on this platform and access to thousands of consumers, selling something on Amazon has become a popular way of earning money from the comfort of your home.
Undoubtedly, many people from different parts of the world are earning a fortune through it. But, did you know it is not the only way to earn with Amazon?
If you want to learn how to make money on amazon and different ways of making money on Amazon, keep reading this article. Before we get started, we recommend the best product research and finder tools like IO Scout.
IO Scout’s toolset allows you to earn a lot of money selling on Amazon. Analyse the data right on Amazon pages https://ioscout.io/chrome-extension with IO Scout chrome extension.
Different Ways to Earn with Amazon
1) Sell Different Types of Goods
This is undoubtedly the most popular way to make money selling on amazon. From bath towels to power generators, you can sell any type of goods. For launching goods, you can select from one of the two plans, individual and professional, depending on the number of units sold.
You can choose from one of the three ways (private label items, wholesale goods, or retail arbitrage) to sell goods. For private-label goods, you don’t need to invent a totally new item rather you modify an already existing item with the feature’s consumers wish to see.
This way you offer higher quality goods to consumers and hence have more sales. You can also put your brand name on your goods.
Offering wholesale goods is another great way to earn money. This method is different from the previous one in the way that you don’t modify and fabricate the goods rather you purchase the goods manufactured by other brands in bulk and offer them on Amazon.
You get goods at a discounted price when you buy them in bulk and then you can offer them at a slightly higher price to get profit. However, with this method, you don’t get to put your own brand name.
Lastly, in retail arbitrage, you look for sales and discounts on different items in a nearby supermarket or any other store and sell them at the original or higher price.
2) Sell Books
If you are thinking about how to make money with amazon, selling books is another great way. Amazon might be a marketplace for selling any type of goods today, but it started as an online book store.
It gives you the opportunity to make money through selling old books as well as by publishing the books written by you through Kindle Direct Publishing. However, not every used book is accepted by Amazon, so you must check if it is accepting the books you wish to sell.
3) Merch by Amazon
This is an excellent program for designers to earn some extra cash without much effort. With this program, you can design t-shirts and cups, etc. and put those designs on the platform. When an order is placed by someone, manufacturing is done by Amazon but you get your share for your designs.
4) Amazon Handmade
This is another great opportunity for people who are interested in crafting accessories and clothes etc. You can introduce your handmade items to a large number of audiences through this amazing program and earn a good amount.
5) Become Amazon Affiliate
If you are a blogger or you own a website, this program is ideal for you to earn some cash. After enrolling in this program, you can put the links of goods on your blog or website and whenever that item is purchased on Amazon through your link, you get a fixed commission on it. The most popular way is to review items on your website, add links to them, and urge the readers to take action.
Since Amazon offers all types of goods, you have a great variety of options to choose from. For instance, if you have a blog about pets, you can choose pet items or if you have a website about electronics you can pick items from this category. However, it is not that easy to enrol in this program as Amazon has strict standards.
6) Deliver Goods for Amazon
If you own a car and know how to drive, you can become a driver for Amazon to deliver goods to the consumers and earn cash. For this, you need to apply for “Amazon’s Flex program.”
7) Become a Remote Employee
You can also work for Amazon as a remote employee. Amazon offers different remote jobs, so you can find one that goes with your skills and education and earn from your home.