It’s hard to believe Amazon started off as a small website selling used books. The world’s largest retailer but now worth over $602 billion, continues to grow exponentially, and some financial experts predict the company will soon be worth $1 trillion. So we provide you different ways for Business with Amazon to make money.
In conclusion, Amazon seems to be rolling out new ventures nonstop. With opportunities for simple side hustles, jobs, and life-changing careers. Business with Amazon is a great resource for money-making opportunities in low investment. Don’t hesitate to start earning with your new gig today!
There are killer 13 ways to start your business with Amazon
There are lots of great ways to make money on Amazon. So to help you find what method might work best for you and your career.
If you are ready to explore ways to business with Amazon, Here some of your best options.
1. Amazon Handmade
According to Amazon, Amazon Handmade is a store within the Amazon marketplace designed for artisans to sell their one-of-the-kind, handcrafted goods. Categories include everything from clothes and jewellery, right through to homeware.
I am going to discuss some tips, so carefully read this. If you have some handcraft skills and you can make some good quality products then Amazon provides you the best marketplace to sell your product. plus Amazon won’t charge you anything to join the program and list your products. But while you will need to create a professional selling account that usually costs $39.99 per month, even that fee is waived for Handmade sellers. The only fee you will need to pay is a 15% referral fee on your total sale price.
Jewellery, handbags, shoes, clothing, home, kitchen, toys&games, beauty&grooming are the most selling products on Amazon Handmade.
Apply Here: Amazon Handmade
2. Fulfillment By Amazon (FBA account)
If you want to Business with Amazon in low investment and without having to worry about customer support, packing and shipping then you sign up for Amazon FBA
This can have perks like Amazon’s in-house management of returns and customer service. FBA provides third-party-sellers an advantage over e-commerce platforms like eBay and Alibaba
Out of all the options listed in this article about ways to Business with Amazon. Becoming a seller has the greatest opportunity for you to cash in on extra income, but it also involves the most amount of research and uncertainty
Selling on Amazon can be a great way to earn some extra income, but don’t start selling without first understanding what it entails. You run the risk of losing money if you don’t do your diligence first. Amazon fulfillment is also towards higher volume sellers with a steady moving inventory. Be sure to check out the Amazon FBA fee information page to understand if the extra fee trade-offs are right for your budding business. They even helpful tool that will estimate your costs!
“if you use FBA to fulfill orders outside of Amazon (called multi-channel fulfillment), Amazon raises the shipping costs and you are not likely to see much cost saving at all.”
Technology is moving so fast these days. If you are like me, you probably have old phones, tablets, and many other things in your drawers.
Most importantly Amazon has a comprehensive Trade-In program that offers you credit for thousands of different items including electronics, phones, and video games.
Amazon provides you an immediate offer based on the item’s make and condition and provides free shipping to send it in. You receive an Amazon gift card instead of cash, but that’s still better than letting that old phone collect dust around your house.
4. Private Label your product
This is one of the most profitable opportunities for business with amazon. In order to avoid some of the competition on Amazon, many sellers have opted for private labels on their items. which means they are registering it on Amazon as their own.
There are many benefits to selling products under your own brand. You can even apply for the Amazon brand registry to protect your self from counterfeiters.
The advantage of having your own brand to selling on Amazon
- Repeat customers
- Opportunity to scale
- Enhanced credibility and buyer confidence
Consider that most sellers on Amazon sell products that result in 100 to 300 sales per month. However, the average third-party product sells for $25 with a gross profit margin of 25%. That adds up to $625 to $1,875 per month per product.
If your customers complained about a particular feature of your product, you could then make modifications to it. let’s talk about the upside of selling your own branded product. You always have full control of your listing and make changes.
“As a private label seller, you are still responsible for respecting existing trademarks and patents and doing appropriate testing on your product.”
5. Retail Arbitrage
Anyone can sell a product on amazon. The key is to identify products with the highest profit margins via what’s known as “retail arbitrage”. This is simply when you buy new products and sell them at a higher price.
firstly, I am going to discuss that, this is the opposite of private labeling. Retail arbitrage simply means buying low and selling high. Some sellers make their entire living on just retail arbitrage. retail arbitrage refers to the act of buying products in local stores and then selling online for a profit. The most reliable source of products is generally the clearance racks of stores like Walmart, Home Depot and Target.
Lots of Amazon sellers get started by finding items on clearance at local retail stores. It can be as simple as shampoos, teas, or baby products. Retail arbitrage makes you money when you buy items at a significantly lower price than you will earn when selling them on the marketplace.
Items that are purchased via retail arbitrage can be sold on a variety of marketplace. this marketplace includes Amazon, eBay, Jet, Facebook marketplace and many more others.
6. Amazon Affiliate marketing (Become an affiliate)
A simple way to business with Amazon is to become an affiliate. If you run a blog, website, or even moderate a community, you already have an audience. By recommending interesting and high-quality products to your audience, you can earn a referral fee for your efforts.
In conclusion Affiliate marketing is a brilliant way to make some passive income. But there is a need for a decent volume of traffic on your website or a blog.
Become an Amazon affiliate and earn a commission by putting special affiliate links to various Amazon products on your site.
The idea is to promote products that align with your blog or website’s mission. So, if you have a website about how to travel efficiently, you may promote items such as packing cubes, suitcases, or wrinkle-free clothing.
Keep in mind that commissions are generally really low. Which is why you need a significant amount of traffic to your site.
Amazon offers a progressive earnings structure on the majority of merchandise and the more clicks and purchases you get from your site, the more you can make.
Follow this steps:
For further reading : What is affiliate marketing? How does it work?
Amazon camper force is a fantastic working opportunity. That offers RV’ers a great way to earn some big bucks around the holidays and beyond. Camperforce employees perform various tasks at the participating fulfillment centers in exchange for an RV space, base wages, OT wages, and some other fun incentives throughout the season.
That must have caught Amazon’s attention because they now offer a way for those people to make money, while on the road. It is called camperforce and basically, you can earn money by helping Amazon pick and receive merchandise orders.
8. Amazon Vine
Amazon’s Vine program is an invite-only group of reviewers that receive products for the free exchange for impartial reviews. They will often receive products before they are released.
If you regularly use Amazon and read reviews, you have probably read one or two that says the person received a free product. Just like Amazon Trade-In, you won’t get cash if you’re a part of Amazon Vine. But you will get merchandise for free in exchange for a review.
If you enjoy writing about the experience of various products and tend to get a lot of helpful votes from the Amazon community, you might be a good fit for Amazon vine voices.
9. Publish a Book with KDP
Amazon launched Kindle Direct Publishing(KDP), originally called the digital text platform, to be used by authors and publishers, to independently publish their books directly to the kindle store. Amazon has been promoting its authors the capability of publishing both e-books and paperbacks through the same platform.
You can self-publish your book on Amazon and start business with Amazon in as little as 24 hours with KDP. You can write about and publish something you feel very passionately about. Many of the ebooks I have read and are not very long.
The quality of the book I have purchased over the years is all over the place too, which tells me that anyone can do it. If you enjoy creative writing or have expert knowledge on certain subjects, consider writing an ebook on Amazon.
As with anything you publish online, you will need to be proactive in promoting your product. Just because you publish it on Amazon won’t mean customers will constantly be purchasing your book.
you can use Kindle Direct Publishing (owned by Amazon) for your new journey of bright future.
10. Make an Audiobook with ACX
Once you write a book, Amazon makes it easy to access even more people through its own Audiobook publishing service, ACX. This platform offers you the opportunity to record your book or choose the narrator.
You can earn between a 25%-40% royalty dependent on how you elect to distribute your audiobook.
As more people embrace streaming and Audiobooks, this is a surefire way to capitalize on your content and selling on Amazon.
For further reading : Podcast For Beginners : The Complete Guide
11. Merch by Amazon
If you’re good at design, you may be able to generate a decent income by selling T-shirts and other similar things through merch by Amazon. The platform allows you to sell your artwork as amazon products at no cost to you.
Here is some steps for your guidance:
- Create an account via the merch by Amazon web page
- Upload your design and set a price
- select a color and write a description
Once you have done all of that, your shirt will go live on the Amazon marketing place.
A benefit of using Merch by Amazon is that Amazon takes the responsibility of packing, shipping, the printing of your product, and providing support to the customer.
As for the income, the company will pay you a royalty on every design sold. The payout will depend on the your product’s cost and tax.
It probably won’t make you rich. But if you have an eye for riding the trends and understanding what might resonate with people, on a shirt, give it a shot.
AS with many Amazon selling opportunities, you have to get approved from Amazon before you can upload your designs.
Apply here: Merch by Amazon
12. Deliver with Amazon Flex
Amazon launches “Flex”, a program for people to do part-time deliveries. Amazon Flex enables an individual to create their own schedule and earn 120 to 140(INR) per hour.
All Amazon Flex participants are also converted under a group Accident policy while making deliveries for Amazon.
13. Work From Home For Amazon
Running a business of this magnitude requires way more than coders.
Amazon offers an assortment of virtual opportunities including sales, human resources, accounting, and software. They even a variety of time and seasonal jobs.
Business with Amazon today by adopting one of the methods above and being consistent can open up a generous revenue.
For making money from YouTube you can check our post YouTube Full Guide
Thank you for reading this article. I hope this will be helpful to you in many ways. Share this article to your friends, relatives, neighbors, and natives.
My name is Dhruv Vagadiya. I am an Indian blogger and pursuing the computer science field in L.D. College of Engineering.
I am the CEO of thetrendybusiness.com website. I like to write and aware you about different business ideas.