This article may contain links from our partners. Please read how we make money for more info.
People are looking for how to make money on Amazon, and we’re ready to guide you through it!
Amazon could be your start to a profitable business, and we have plenty of ways to get started.
Whether you’re dropshipping items, thrifting profitable items, or selling your handmade crafts, you could make Amazon your storefront.
This post will dive into some of the different ways you can make money on Amazon, with all the details you need to pick the best for you- including how much you could earn with each option.
Let’s get started!
Best Way To Make Money On Amazon
Amazon is a robust platform that offers so many opportunities for entrepreneurs to make money, so you have countless chances to make a good income.
Our favorite online business to make money on Amazon is through the Amazon Associates Program with blogging:
Blogging With The Amazon Associates Program
Amazon Associates is an affiliate marketing program that allows website owners and bloggers to earn referral commissions for directing customers who buy Amazon products.
Whenever someone clicks on one of your links and makes a purchase, you’ll earn a commission.
You can start a blog with BlueHost for only $2.95 per month, and make that money back in just a few affiliate sales!
Blogging can be profitable, but adding in affiliate links for top Amazon products is even more money in your pockets.
It’s a great way to share your opinion on Amazon products, make suggestions for gift ideas, and make some money simultaneously!
Sign up for an Amazon Affiliate account and start sharing your links for your favorite products on your blog.
How To Make Money On Amazon
Most people think of Amazon as a place to buy things, but it can also be a great way to make money full-time or as a side hustle.
Amazon is the world’s largest online marketplace where you can find many potential customers. All you need is a seller account and products to list.
Plus, we have some other ways you can make money on Amazon without products at all!.
1. Amazon Associates
The Amazon Associates Program is a great way to earn money by promoting the products you love. As a member of the Amazon affiliate program, you’ll earn a commission on every purchase made through your affiliate link.
It’s a simple way to generate income, and there’s no limit to how much you can earn. To be successful in the Amazon affiliate program, you need to drive Amazon customers to your Amazon affiliate links and give them good reasons to buy.
2. Start Selling Products
Have you ever thought about selling your products online but weren’t sure how to get started?
You can essentially use Amazon as a place for selling private label products, products you’ve made all on your own rather than buying and reselling.
Fulfillment by Amazon (FBA) is an excellent option for those looking to dip their toes into e-commerce with their own private label products.
With FBA, you can store your products in an Amazon fulfillment center, and they will take care of shipping and customer service for you. This way, you can focus on growing your business without worrying about the logistics of fulfilling orders.
3. Sell Retail Arbitrage Through Amazon
Retail arbitrage is buying discounted products from retail stores like Macy’s, Wal-Mart, Target, etc. You can start as an Amazon seller and sell just about anything this way!
The key to arbitrage is finding products in demand that are being sold at a discount so you can make a higher profit on them.
Once you’ve found some potential products, research to ensure there’s a market for them on Amazon. Then, buy the products and list them for sale on Amazon.
4. Dropshipping
With dropshipping, businesses sell products without having to carry any inventory. Instead, when a customer places an order, the business contacts a supplier who ships the product directly to the customer.
Dropshipping with Amazon has several benefits:
Amazon is a trusted brand with a vast customer base, which gives your business credibility.
Amazon fulfillment centers are highly efficient, so you can be confident that orders will be fulfilled quickly and accurately.
Dropshipping with Amazon gives you access to the company’s massive catalog of products, which can be a great way to find products to sell.
5. Publish E-Books
As an author, one of the best things about e-books is that they make it easy to reach a broad audience; you aren’t limited just to retail stores.
With e-books, you can sell directly to readers through platforms like Kindle Direct Publishing. Anyone with an Amazon Kindle or another compatible device can buy and download your book.
And since there are no printing or shipping costs with Kindle Direct Publishing, you can keep more of the profits from each sale. Best of all, e-books make it easy to offer discounts and promotions, which can help boost sales.
But you can still publish actually print books with Amazon if you want to!
6. Merch By Amazon
Have you ever considered becoming a merchant on Amazon? If so, you may be wondering what Merch by Amazon is all about.
In a nutshell, it’s a program that allows you to sell custom-printed merchandise like a coffee mug, t-shirt, or bag.
You need to create your designs and upload them to the Amazon system. Once your designs are approved, they’ll be available for purchase on the Amazon website.
And best of all, you don’t need to carry any inventory- Amazon will print and ship your orders.
7. Be An Amazon Rep
Do you want to make good money? You might want to consider becoming an Amazon Rep in customer service.
Amazon has grown, and with it, so has its customer service!
Customer service is essentially a chat job to work with customers who have questions or problems with various services provided by Amazon.
Plus, you get the bonus of being able to work from home, making it flexible and comfortable.
8. Become A Wholesaler
Selling on Amazon can be a great way to make money and reach a broad audience, but it can also be a lot of work.
If you’re interested in selling on Amazon but don’t want to deal with fulfillment and customer service hassle, becoming a wholesaler might be the right option for you.
As a wholesaler, you’ll be responsible for finding and sourcing products, but Amazon will take care of listing, fulfillment, and customer service. This can free up your time to focus on other aspects of your business, and it can also give you access to Amazon’s massive base of customers.
9. Amazon Accelerator
Amazon Accelerator is a program that helps entrepreneurs grow their businesses by providing access to Amazon’s resources and expertise.
The program has helped dozens of businesses achieve success, and it continues to be a valuable resource for entrepreneurs around the world.
It is designed to help startups grow their business on the Amazon platform, which provides access to resources, mentorship, and training from Amazon experts.
10. Mechanical Turk Program
The Mechanical Turk Program allows businesses to get quick, reliable results by crowdsourcing small tasks to a large pool of workers. You can earn money completing small tasks, such as data validation, writing reviews, filling out surveys, etc.
Amazon posts jobs to the Mechanical Turk website for people like you to complete on your own schedule.
You can work from anywhere in the world and set your own hours. So if you’re looking for a flexible, convenient way to make some extra money, this program is worth considering.
11. Become A Handmade Seller
Are you a maker or artist interested in selling your unique, handcrafted goods on Amazon? If so, you’ll want to check out Amazon Handmade.
Amazon Handmade allows creative entrepreneurs to sell their wares to millions of potential customers worldwide.
Best of all, it’s free to list your products in your own retail store, and you only pay a referral fee for each sale made.
Simply create a seller account, set up your online store, and start listing your items at your own prices. You can choose to pick your own delivery service or take advantage of Amazon’s fulfillment services.
12. Drive & Deliver For Amazon
Amazon has some great work-at-home jobs you should check out, but you can also work as a driver.
With Amazon Flex, you can sign up to be a driver with Amazon and deliver packages to customers.
It’s a great way to make some extra cash, and you can choose your own hours, so it fits your schedule.
As a Delivery Driver, you will be responsible for transporting Amazon packages to customers’ homes and businesses. You will need to have a valid driver’s license and a clean driving record.
13. Amazon Home & Business Services
Amazon Home & Business Services offers a convenient way for people to book professional services online.
You could get hired for any job, from home cleaning and furniture assembly to lawn care and plumbing to dog walking!
This is similar to Steady, where you can easily find side hustles or even run a whole service business if you want.
How Much Money You Can Make On Amazon
Like any business, how much you put into your business will affect how much you get out of it. You can make as much money online as possible, but Amazon doesn’t do all the work.
If you don’t promote your products on social media, don’t share your links, or straight up don’t have enough products or products people want, it’ll be hard to make money on Amazon.
You could make hundreds or thousands of dollars a month through Amazon sales if you do your research!
And if you get a job with Amazon? They pay well, so get those hours and see your income increase more than most typical jobs.
1. Amazon Associates
You earn a commission on every qualified sale you refer to Amazon with the Amazon affiliate program.
Commission rates vary depending on the product sold but typically range from 4% – 10% of the purchase price.
So if you refer a customer to Amazon and purchase a $100 book, you could earn $4 – $10. If 10 people bought that same book from your affiliate link, you could earn $40 – $100.
It may not sound like much, but the commissions can add up quickly if you can refer many customers from your blog for that same book.
And since Amazon is such a large and popular site, there are endless products for you to share with your followers!
2. Start Selling Your Products
How much money can you make with Amazon FBA?
Just like a regular storefront, it depends on how much effort you put into it. If you don’t produce a lot of products or don’t market your store, customers can’t find you.
If you only sell a few items here and there, you might only make a couple of hundred dollars per month. But some sellers make over $600 a year per product, so it’s worth a shot on FBA.
However, if you build up a large inventory of high-demand products and market your business effectively, you could easily make thousands of dollars per month or more.
3. Sell Retail Arbitrage Through Amazon
Retail arbitrage is the hardest to estimate for profit because it will always depend on what items you can find at cheaper prices and if you sell them for a profit or not.
If you can find the right products, online arbitrage can be a great way to make money on Amazon.
You’ll need to price your products competitively to make a profit while avoiding it being a loss- so if you can find a high-selling item for only $10 but sell it for $40, your arbitrage business will succeed.
Some sellers have made $10,000 per month with retail arbitrage, but it takes dedication to do product research and buy items at smart discounts for higher profits.
4. Dropshipping
Because businesses don’t have to carry any inventory, dropshipping can be a low-cost way to start an Amazon business.
Of course, there are other costs involved, such as marketing and advertising, but if done right, dropshipping can be a very profitable business model.
Dropshippers can expect to make $1,000 – $5,000 per month on average after paying fees to your supplier and Amazon for their services.
5. Publish E-Books
Kindle Direct Publishing (KDP) is a great way to make money by publishing e-books on Amazon.
You set your own price for each book, starting at $0.99, and you earn 2 different royalty percentages:
35% for books $0.99 – $2.98
70% for books $2.99 – $9.99
35% for books over $10
For example, if you price your book at $2.99, you will earn $2.09 per sale. It’s passive income once your book is available so that you can watch the money roll in.
With millions of people using Kindle devices and the Kindle app, your books will be available to many potential customers. So if 100 people buy your book through the app, you’ll make $209 automatically.
Our research was mixed, with more experienced writers who earned $40,000+ per year, whereas some novices who don’t write prolifically earned a few hundred dollars a month.
6. Merch By Amazon
There’s no simple answer to how much money you can make with Merch by Amazon. Some of this is affected by your product itself, like if people like it and buy it, but it’s also based on Amazon royalties.
You could earn about 13%- 37% of the merch you create and sell on Amazon, so if you make $1,000 per month selling products, you would earn $130 – 370.
Some Merch by Amazon sellers reported earning several thousand dollars per month. So if you’re looking to generate some high income from this platform, it is certainly possible.
7. Be An Amazon Rep
According to Glassdoor, the average Amazon rep makes $16.00 per hour, but some reps make as high as $49 per hour!
So if you’re looking to rake in the dough, becoming an Amazon rep is a great way to do it.
8. Become A Wholesaler
There are many success stories of people who have made a living selling wholesale products on Amazon.
Sellers have made $3,000 – $4,000 a month selling wholesale items with FBA rather than selling their own products.
The key to success is finding a niche market, building up a good reputation, and offering competitive prices. With a bit of effort, anyone can become a successful wholesaler on Amazon.
9. Amazon Accelerator Program
Amazon Accelerator is the only program we couldn’t find concrete income for. The program talks about several financial incentives that can help you increase your earnings, but not how much people earn.
We found that Amazon is picky about who they pick- they expect most Accelerator businesses to make $1 million in sales in their first month alone.
You can earn sign-up bonuses and receive additional bonuses for every new customer you refer to Amazon.
In addition, you can also earn a commission on every sale that you make. As a result, the Amazon Accelerator program provides an excellent opportunity to earn extra income.
10. Amazon Mechanical Turk Program
With Mechanical Turk, you sign up for tasks and get paid per task, which is usually short and quick to complete.
You can complete many of them relatively quickly and make around $100 to $250 for a 20-hour workweek, which isn’t a ton, but a great way to earn extra pocket cash without much work.
11. Become A Handmade Seller
Some estimates suggest that successful handmade sellers on Amazon can make around $1,000 per month with their handmade goods.
Ultimately, how much money you can make as a handmade seller on Amazon will depend on various factors, including the quality of the products you make and sell, your pricing strategy, the fees like a referral fee, and the level of demand for your items.
12. Drive & Deliver For Amazon
If you have a car, you could be making money with Amazon by becoming a delivery driver.
Amazon Flex drivers typically earn around $18 – $25 per hour, and they can choose their own hours. So if you’re looking for a flexible way to make some extra cash, Amazon Flex could be a good option.
13. Amazon Home & Business Services
Amazon has started offering gig economy services. So if you’re handy and looking for a gig, you could be making money with Amazon by becoming a home services provider.
Just like products, you can decide how much your services cost. If you charge $20 per hour and work a 40 hour week with your business, you earn $800 a week before taxes.
Successfully Selling On Amazon
If you want to sell on Amazon, you need to ask yourself some questions first. You don’t want to jump into the water too soon and spend money on things that won’t make you a profit!
1. What do you want to sell?
To figure out what you want to sell on Amazon, it’s helpful to think about what kinds of products you’re passionate about.
Do you love fashion? Consider selling clothes, accessories, or beauty products. Or maybe you’re a tech enthusiast? You could sell electronics, software, or video games.
We’ve seen people making a lot of money from selling printables and even selling homemade stickers!
Once you’ve decided on a general category, you can start thinking about specific items that you want to sell.
You can also do Amazon searches for top products from which you could earn money, whether you choose homemade products or retail arbitrage.
2. What’s the profit margin for your product?
If you’re selling a product on Amazon, you’re probably wondering about your profit margins and whether you will make money on Amazon. To calculate your profit margin, you need to consider the cost of goods sold and the fees charged by Amazon.
The cost of goods sold includes the cost of manufacturing or purchasing the product and shipping and handling costs.
Amazon fees include storage fees, fulfillment fees, and referral fees.
Once you’ve calculated your cost of goods sold and Amazon fees, you can subtract those costs from the total sales price of your product to determine your profit margin.
Keep in mind that your profit margin will vary depending on your product’s price- a higher profit margin means making your products more expensive.
3. Are there many competitors?
Amazon’s massive customer base means that there is always someone looking for what you’re selling. Of course, this also means that there is a lot of competition, particularly for popular items.
However, there are still many opportunities to find success on Amazon, even if you’re selling products already available from other sellers.
The key is to offer something that sets you apart from the competition, whether it’s better pricing, free shipping, or superior customer service.
Finding your niche and providing value to your customers can build a successful Amazon business, even in a highly competitive market.
Key Takeaways
Thank you for reading our article on how to make money on Amazon!
These 13 ways to make money with Amazon are worth taking the time to research if you want to make the most for your products, so find the ones that speak the most to you and do some due diligence in opening a real shop.
Remember, by using one or more of these methods, you can earn cash from Amazon and start making money in great sales, but your dedication and the time you put into your business is how you’ll make the most money selling online.
This post How To Make Money On Amazon In 13 Straightforward Ways was original published at “https://thesavvycouple.com/how-to-make-money-on-amazon/”
