Amazon is the largest online store, the largest in every single market you could think of including clothing, books to electronics. However, the site offers more than just variety in the variety of items it offers. It also has a myriad of ways to earn money, some of which you might not be aware of.
We’ll look at the best ways to earn profits on Amazon.
1. Sign Up for Amazon Handmade
Similar to Etsy, Amazon Handmade lets artisans sell their handmade goods online, which include accessories, clothing, and jewelry.
To be an Amazon Handmade seller, you have to fill out an application form that will allow you to explain the purpose of your business and the production procedure.
Handmade is an excellent option for professional and budding artists who want to connect with Amazon’s huge customer base. Approved sellers also receive an exclusive URL that goes alongside the Artisan profile, which makes it simple for customers to locate their store.
2. Become an Affiliate
One way to earn money from Amazon is to sign up as an affiliate. If you have your blog, or website, or even manage an online community that you manage, you already have a following.
If you can recommend interesting and top-quality items (found on Amazon) to reach your readers you could earn an income from referrals in exchange for the effort.
3. Try Merch by Amazon
If you’re skilled at designing and art, you could be able to earn a decent amount of money through the sale of T-shirts and similar items via Merch through Amazon.
Merch by Amazon lets you sell your work in the form of Amazon products for no expense to you.
Here’s how to make use of it:
- Create an account through Merch by Amazon’s Merch by Amazon website
- Upload your design and create an amount for the design.
- Select a color, then create a description
Once you’ve done the above the shirt will appear in your Amazon marketplace.
4. Earn Through Amazon KDP (Kindle Direct Publishing)
Another way to earn money with Amazon is to make digital books on the platform.
You can earn up to 70% royalties on sales totals. You can also create hard copies of your book via the Amazon CreateSpace service.
The main obstacle to earning profits with Amazon KDP is that you need to write interesting books in a huge volume. While it is possible to make some bestsellers, however, volume is the main ingredient to being successful in the publishing business.
5. Sell Via Amazon FBA
If you’re looking to earn money from Amazon without worrying about customer support, packing, and shipping, sign up for Amazon FBA.
With FBA it is possible to have Amazon manage your stock and then deliver the items to customers. All you need to do is deliver your products through one of Amazon’s fulfillment centers.
The benefit for FBA is that the customer is unable to distinguish between buying directly on Amazon or purchasing through FBA sellers.
6. Buy Offline, Sell on Amazon
This involves visiting stores such as Target or Walmart to purchase items at a reduced price, then reselling the products on Amazon to make an income.
A lot of people who earn money from Amazon by selling retail arbitrage can avoid the expense of importing goods from a different country.
They’ll be heading straight into shops and loading with products they plan to mark up and sell. In the end, a lot of people spend a lot of time looking through bargains and clearance items in the local store.
Recommended guide: How to do Amazon product research.
