Can you actually make money on Amazon? Let me tell you something interesting here!
Did you know that by the time you read this sentence, Amazon would have just delivered 105 items?
Isn’t it crazy?
There is no doubt that Amazon is the king of ecommerce, and it generated sales of $232.88 billion in 2018.
You have tons of ways to earn with Amazon.
I’m not kidding…
You can make money on Amazon, but the question is HOW?
This is where this guide comes in.
After extensive research to find the answer to how to make money with Amazon, I found 11 ways through which you can earn with Amazon.
Here is the list of some of the best ways to make money with Amazon
How to Make Money on Amazon FBA (By Selling)
How to Make Money on Amazon without Selling & Stock
How to Make Money on Amazon with No Money (Part-Time Work)
I have divided the list into four categories for your easement 😀
By the end of this guide, you will have a broad concept and idea of each of these methods, and can easily earn using Amazon.
So, without further ado, let’s start it.
How to Make Money on Amazon FBA (By Selling)
Amazon FBA Program
The most prominent and fastest way to make money on Amazon is by selling its products.
If you want to make money as a side hustle without becoming a fulltime seller on Amazon, then the Amazon FBA program is perfect for scaling your business.
How FBA Works:
You can make money with the FBA program without getting into the trouble of customer support, shipping, manufacturing, and packing.
What’s so good about Amazon FBA?
- You do not need an ecommerce website to sell your product
- Just access the colossal Amazon market to sell a product with little investment
- Get rid of the hassle of logistics, procurement and customer support
Amazon will handle all the hassle of packing and shipping of the orders. All you need to do is send the product to the Amazon Fulfillment center.
How to find products to sell on Amazon
Before listing your product on Amazon, a little research is sufficient to know the best thing to sell on Amazon. Here are some pages of Amazon that gives a list of the most sought-after products on this platform.
Amazon Best Sellers – The list of Amazon’s most popular products.
Amazon Hot New Releases – The list of Amazon’s best-selling, new, and future releases. By this, you can forecast the future demand on Amazon.
Amazon Movers & Shakers – The list of trending products of last 24-hours.
Amazon Most Wished For – The list of products that people add to their wishlists, a perfect source to know what people want.
Amazon Gift Ideas – The list of most popular purchased gift items of the day.
These lists are updated on an hourly and daily basis.
Charges and Pieces:
Amazon charges on a per unit basis in its fulfillment program.
Recently Amazon made some changes in the policies of their fees, which came into effect on February 19, 2019.
Ways of Selling by FBA
1. Private Label
In the FBA program, you can sell your product with a private label – it is like outsourcing your product. In private label, you pick up a manufactured product and put your label on it.
The best part of selling on FBA through the private label is that you don’t need to give constant attention as you would give in dropshipping. There are also a higher profit margin and a possible passive income.
How to Choose Profitable Private Label Product:
- Always select the product with the highest demand. If the product has a high keyword rank and has a low sales rank, that means this product is likely to sell quickly.
- Try to avoid products with higher competition. Keep your search for products with low listing and good reviews.
You will need to find a reliable manufacturer who continually sends you products anytime. You’d do better if you took some manufacturers on trial and then make your final decision.
However, there is also a con you need to look into.
There are high inventory costs when you plan to sell through the FBA program, especially if you need bulk inventory to put it up on your store. So before you start selling, make sure you have around $1000 in spare for cash flow and marketing.
2. Retail Arbitrage
In this method, you can buy the product on a lower amount with an intent to sell it at a higher margin. You do not need to create your own brand in retail arbitrage.
Retail Arbitrage is a quick way of making good money at a higher profit margin.
All you need is to find out products that you can buy in bulk at cheap rates. You can also buy them from retail stores like Walmart or Target. However, do make sure to select products that people actually want to buy.
In this process, the money is quick and easy, but you need to keep on hunting down new products that you can sell for maximum profit.
An Example of earning quick money through retail arbitrage by selling Schlage Door Fixtures.
To figure out the fees charged by Amazon, what you can sell, and Amazon’s condition on a specific product, I would recommend using their app called FBA Revenue Calculator. It is a free app that you get when you get access to the Amazon seller.
This app will allow you to scan barcodes through your phone’s camera and will give useful information such as Amazon fees and the recommended price to set on the item.
Retail arbitrage is an enticing prospect, but there are certain Amazon policies that you need to look into as few products have been banned on Amazon.
There is a forum as well on amazon where you can take suggestions from other sellers and get ideas about selling on Amazon.
It’s another way of making money through FBA. You can purchase products in wholesale from manufacturers and sell them on Amazon.
Wholesale gets the quality of both – private label and retail arbitrage. There is a chance that one of the brands might become your star product, like a private label.
However, there is a catch.
You might have a chance of getting a sustainable business, but profit margin are quite low under the wholesale model.
4. Amazon Handmade
It encourages artisans who handmake their products like jewelry, clothing, or accessories and sell them on Amazon.
You have the option to ship the products yourself, or you can use FBA.
Check out some success stories of Amazon Handmade stores that used FBA:
But all of this would work if you’re a genuine artisan who actually can make creative handmade products. The reason why I say this is because Amazon has an in-depth procedure to make sure of your credibility.
Amazon Handmade Fees
Amazon provides the services of seller support, marketing, security, and payment process clearing.
It charges 15% referral fees on sales. Other than that, there are no monthly fees or setup fees.
If you are an artisan and think that you can make good money by selling handmade work, then you are suitable for this platform.
To learn about how to sell on Amazon, do check it this comprehensive guide.
How to Make Money on Amazon without Selling & Stock
If you want to earn good money on Amazon but do not want to get into the hassle of product manufacturing, stocking, or even selling, then don’t worry!
You can still make money on Amazon.
Here are a couple of ways of doing that.
5. Merch by Amazon
It is a platform by Amazon that allows you to design and sell T-shirts along with other stuff without getting involved in stocking or inventory.
This is the most convenient and most comfortable way of making money making on Amazon. All you need to do is be as creative as possible.
To join Merch by Amazon, follow these steps;
- Come up with the graphic design for the T-Shirt
- Upload that design on a T-shirt
- Choose the T-Shirt color and write a description
Related Article: Start a T-shirt Business in 9 Easy Steps
That’s it. Your shirt is ready to sell on Amazon in a few hours.
Once you are done with the design and description, Amazon takes the command of printing, packaging, shipping, and customer support service.
It sounds effortless, and the best part is that you can join Merch by Amazon from any part of the world with a shallow joining intrusion.
Now Amazon has increased the product offering included sweatshirts, hoodies, and PopSockets.
Check out the product and graphics specifications below.
To accomplish this, it is not necessarily to be a photoshop expert. There are multiple free online designing software such as Canva and Gimp that can get the job done. You can make a classical design and amazing typography that looks cool on a t-shirt.
How Can You Earn with Merch by Amazon
Amazon will pay you a royalty on every product sold. The payment will be based on the product’s own purchase price, tax, and Amazon’s cost (price, material, customer support, and after-sales services).
From January 30, 2019, Amazon has altered royalties on the product to optimize the manufacturing process and cost.
Check out the updated royalties here.
To join the Merch by Amazon, just go to their page and request an invitation.
To make sure your design looks good on a product, Amazon also provides some best practices. On its page, it will teach you everything about making the design look good, sizing of the design, types of design, bestselling design, and product testing.
There are also guidelines on promoting your merch. Check out here.
6. Amazon Affiliate Program
Want to make money with Amazon affiliate? It is easy you only need to become Amazon Associates.
If you run your blog or have a website or even have a large social media community, you can get into the Amazon affiliate program (also known as Amazon Associates).
Just upload the links of Amazon products on your website and earn referral commission up to 10% on any purchase. You can also earn with Amazon Associates by reviewing the product on YouTube or make a review blog and mention the affiliate link on your channel.
If your website visitor does not click on the featured ad on your website but still makes a purchase within 24-hours, you will still get money from Amazon.
The wide variety of offering on Amazon will definitely give some niche that you can easily promote on your platform.
Example of Affiliate Website
The Amazon affiliate website Wirecutter published product ads and make commissions. It is a product review website, so they advertise electronic items that highly rely on its reviews.
So if you run a lifestyle blog or have a large social media community based on the lifestyle, you can easily earn using Amazon Affiliate Program by advertising products of that niche.
How to Become an Amazon Associates:
To become an associate, you must have a website, YouTube channel, or Facebook Community. If you have one any them, you are good to go.
Just Visit Amazon Associate Homepage and click join for free and follow the further easy step and enter information.
Once you created the account, you will receive a personal associate homepage. You will get a complete overview summary of your monthly income and CTR.
7. Kindle Direct Publishing
Are you a writer? Do you love to write? Then you can make money from Amazon without selling any physical goods.
Kindle direct publishing (KDP) allows you to make money with Amazon by publishing your own book.
You do not have to be a professional sci-fi writer or to write a mystery thriller. If you know about a particular topic, you can write an ebook guide on it.
Just write a book and publish it on KDP – it only takes 5 minutes in publishing – and within a day or two, it will be listed on Kindle stores.
You can earn up to 70% royalties on the sales of your book. Before publishing the book, you have to make sure that it completes all the requirements set by Amazon.
KPD also offers an essential guide to publish and promote your book. Check it out here.
How to Make Money on Amazon With No Money
8. Virtual Location/Work from Home by Amazon
Most people are curious to find about how to make money on Amazon from home. Amazon has a program that is ‘work from home with Amazon.’
Amazon offers a lot of opening to work from home, especially for the hiring of a customer service representative and technical support staff.
They offer home-based full-time, part-time, and seasonal jobs. If you possess any talent that can come handy, then you have chances to become an associate with the world’s biggest ecommerce giant.
You can check the virtual location opening on this page.
9. Amazon Mechanical Turk
It’s another great opportunity by Amazon to earn some extra income in your free time.
Amazon made Mechanical Turk to outsource some of their jobs which can virtually perform these tasks. If you are wondering how to make money with Amazon Mechanical Truk or what can I do to make money on Amazon Mturk, then guess what? You are worrying for no reason at all.
There are multiple tasks you can perform, such as data validation, research, content moderation, etc.
Amazon started to cut down the time-consuming projects into micro-tasks to complete it faster.
The best thing is the flexibility you can work at any time you want and take the task as per your preference.
Just go to their page and click on to create a worker’s account and follow some easy procedure to join Mechanical Turk.
However, it is more beneficial for US citizens – they get their payment directly into their bank accounts. In other regions, they pay through Amazon gift cards.
10. Amazon Flex
Amazon Flex is another delivery program for drivers. It was started when Amazon launched its same-day delivery option to its prime.
To join this program, here are the requirements
- You must be over 21 years
- You must have a reliable car
- You must have a smartphone
That’s it! You just need to download the Amazon flex app to join the program. The hours are flexible; you choose your working hours and schedule for the week. The drivers of this program can earn up to $18 – $25 per hour.
To learn about the program, click here.
11. Camper Force
The only requirement to join the Amazon Camper Force is to have an RV.
The responsibility of the CamperForce associate is to pick a seasoned assignment based on your location availability. After that, Amazon will assign an area when the season comes, then you are responsible for picking, packing, stowing, and receiving the Amazon package in that area.
In the CamperForce program, you can earn up to $550 per campsite. The payment will be made weekly.
You can check the complete CamperForce detail here.
Amazon is the 2nd largest US Company in terms of employee rate. There 24/7 working hour pattern made thousands of opportunities to make money, not only for US citizens but for people all over the world.
I hope that you learned how to make money from Amazon in any circumstances by reading this article.
Therefore, if you have any small business, then you can make money by using the platform offered by Amazon. So make the full out of your ideas!
And in case you have nothing to put on the table, you can still make money with Amazon by working or giving services for some hours.
All you need is the desire to make money, and if you have it, you surely can make money on Amazon in one way or another.