Most people use Amazon only for one thing: to buy things.
But did you know that you can actually make a substantial amount of money from Amazon with options starting from zero investment?
Believe it or not, in this article, I will share with you the 5 different legit tactics to make money on Amazon.
In fact, some methods do not require any investments and you can easily pursue them from the comfort of your room without even stepping out of your house.
With that said, let’s explore the best ways you can use to make money on Amazon.
How to Make Money on Amazon?
1. Amazon Affiliate
If you have not heard of Affiliate Marketing, you are perhaps living under the rock. Jokes aside, affiliate marketing is a marketing technique that almost all great companies use to promote their products and services.
The simplest example of affiliate marketing can be any “Refer and Earn” app that rewards you whenever you invite someone to use a specific app with your referral link.
In affiliate marketing, whenever someone purchases any products or services from your link, you get a commission. That’s it, very simple and easy.
Amazon has its affiliate program where the commission rate goes as high as 9-10% depending on the product you are promoting.
Either way, an Amazon affiliate is one of the best ways to make money online in your free time without any investment.
You can start by creating an Amazon affiliate account and sharing the link of the useful products/services to your friends and family.
Books and electronic items are a great way to start as they have a higher retention rate and the person who buys them mostly doesn’t return them.
Pro Tip:If a person clicks on your link but buys a different product, you will still receive the commission for the product bought if this activity is done within 24 hours.
2. Amazon Mechanical Turk
Amazon Mechanical Turk is a program by Amazon that allows you to earn some money in your free time by completing the assigned tasks.
Though this is the simplest way to earn money from Amazon, the amount earned is usually lower than other methods such as affiliate marketing.
Here, all you need to do is to fill the surveys and validate the content and you will get paid for it.
As per the internet data, you can make anywhere around $15 an hour or more from Amazon Mechanical Turk, if done correctly.
3. Publishing an eBook through Kindle Direct Publishing (KDP)
If you always wanted to be a writer and publish your own book, then starting from publishing an eBook can be a good jump.
Amazon Kindle Direct Publishing allows you to list, price, and publish your eBooks on Amazon effortlessly.
While listing the eBook, make sure you write a catchy title, great description, and proper keywords for SEO.
This will increase your chances of ranking on top whenever someone searches for a specific genre of book.
This is not the fastest way to make money on Amazon but it can be a good passive income source if you write a great book that adds some value to the reader’s life.
4. Sell your art (Amazon Merch)
Amazon Merch is an exclusive Amazon platform created for an artist or a designer to sell their hard work for a reasonable price.
Let’s say you are a graphic designer for printed t-shirts. In this case, you can upload your design at a specified size and then proceed on selling printed t-shirts on the go.
5. Sell your physical products
If you have your own business where you sell your products/services, there can be no great place to list them than on Amazon.
Amazon provides great facilities for the seller to sell the products all around the world with zero paperwork and utter smoothness.
If you have products that you haven’t listed on Amazon, today can be a perfect time to do that.
Once you join Amazon as a seller, you get countless benefits related to transportation, storing, packaging, branding, shipping, customer service, etc.
With the assistance of Amazon FBA and FBM, you can skyrocket the growth of your business in no time.
These were the 5 effective ways to make money from Amazon with minimal efforts.
If you are someone who is looking to make a significant amount of money through Amazon, then these methods can be of great help. All you need to invest in it is your time and efforts to get positive results.