There are a few websites today that offer unlimited potential to earn money online. Amazon is one such site. Whether you are looking for a little extra to spend or to replace your full-time gig, here are some of the best ways to make money on Amazon.
As a blogger, I love the Amazon affiliate program. As an affiliate, aka Associate, you earn a commission on every sale you refer to the site. While many complain the rates are low, they do offer a progressive earnings structure on most general merchandise. The more you sell, the more you earn – from 4% to 8.5%. Amazon also has several “Bounty” opportunities where you can earn a set fee of $3 to $25 for referring people to sign up for Prime, Amazon Student, Audible, Baby & Wedding Registries and more.
Chris Guthrie, Pot Pie Girl and Tiffany Dow are three people who really turned me to the potential of the Amazon Associates program and where I learned to increase my earnings year after year. Chris’ EasyAzon WordPress plugin is something I have used on my blogs for years. It allows you to search for and insert Amazon products into your posts from within the post editor. You never have to leave your site! In addition to the usual text links, it also offers info boxes that include product images, prices and more. It has greatly increased my promotion and earnings.
This year we spoke with Cynthia Stine who has been able to create a $40,000+ per year business in just ten hours per week selling things on Amazon. This seller opportunity eliminates the need to deal with shipping and returns. You send the stuff you want to sell to the Amazon warehouse, they take care of the sales process.
That being said, product selection is key. Send in a bunch of stuff that never sells and you may end up paying storage fees. Luckily, The Selling Family has some really great courses that deal with every aspect of the FBA process including special holidays and category ungating.
This is a new vertical from Amazon that allows brands and creatives to upload their designs to the site to be sold as t-shirts. There is very little risk involved with this type of sales model as no upfront payment is required, but competition can be high and you will likely need to invest some money into advertising if you don’t have a large following of your own. This opportunity has been so popular that you will need to request an invitation at this time.
This new vertical was touted as an alternative to Etsy. As a seller, Amazon allows you to sell your handmade wares on the site. In some instances, you can even have them listed as Prime and FBA items. The reviews on Handmade are mixed. Apparently “handmade” items don’t need to meet the stringent requirements of Etsy. There also isn’t the one-on-one customer support aspect that comes with Etsy. Amazon is largely a mass retailer connecting individual buyers and sellers that may never cross paths again. That isn’t going away with Handmade.
Mechanical Turk, or mTurk, isn’t necessarily what I would consider one of the best ways to make money on Amazon, but it is a way nonetheless. This crowdsourcing site has been around since before I started working from home in 2007 and allows workers to earn money completing small tasks. The majority of the things I did here back in the day were transcription, data entry, categorizing. It’s often mindless work that takes only a few minutes to complete. And, the pay reflects that. You aren’t going to make a livable wage on mTurk, but it can be a fun way to pass the time if nothing good is on television.
For so very long, Amazon Kindle was the way to go if you wanted to self-publish an ebook. There are no upfront fees involved. Amazon simply takes a cut of each sale, you get 35% to 70% depending on the listing. Since Amazon owns CreateSpace, you can make printed copies available as well.
Self-publishing isn’t as difficult as it sounds. You can handle much of the process yourself and outsource editing and design on Fiverr.
The Amazon Trade-In program doesn’t offer cash, but they do pay you in gift cards for select used books, video games and electronics. One thing I really like as an Amazon customer is that they will let me know when something I have bought on Amazon has a trade-in value. On the day I wrote this post, I was able to trade-in Jab, Jab, Jab, Right Hook by Gary Vaynerchuk for $6.04. And I did! I was done with the book. It wasn’t one I took notes in. I shop on Amazon a lot. I can use that store credit.
Same-day delivery is hot right now. We don’t want to wait for anything these days! 😉 Amazon is just starting to roll out same-day delivery is select metropolitan areas. Flex will allow them to take advantage of the availability of people just like you to make those deliveries.
You will need a car, smartphone and Amazon account to make Flex deliveries. The company is currently stating pay of $18 to $25 per hour with a big emphasis on flexibility and availability of hours.
Amazon is one of the many online retailers that employs a virtual workforce. As an Amazon Work-from-Home Customer Service Associate you will earn a base pay of $10 per hour. Full time and part time opportunities are available in Arizona, Kentucky, Texas, West Virginia, Delaware, Minnesota, Florida, Georgia, Kansas, North Carolina, Tennessee, Wisconsin, and Virginia. These positions are largely seasonal with the potential to become permanent.
Those are a few of my favorite ways to make money on Amazon. I’d love to hear how you have profited from the site.