How To Make Money on Amazon

0
435
Getting your Trinity Audio player ready...

Here’s how you can make money on Amazon as a side gig apart from buying stuffs there.

Kindle Direct Publishing

If you’re an aspiring or published author looking to expand your audience, you can earn up to 70% royalty on sales to customers. Kindle Direct Publishing lets you publish eBooks and paperbacks for free, which is Amazon’s self-publishing service. Amazon gives you control over your publishing rights and listing prices.

Amazon Services

Amazon offers Services for home and businesses, providing a way for workers to make money on their platform. But you need to have general liability insurance to use this offering and you’ll also need to pay a revenue share with Amazon if you take a job through their platform. However, Amazon does not charge to list your services or for advertising.

Amazon Associates

If you’re someone who runs a website or blog that generates good traffic, you can potentially earn income using Amazon Associates, which is Amazon’s affiliate program. You get to insert a link or advertisement to certain products on Amazon and get paid when people click through and make purchases. Amazon offers up to 10% in associate commissions from qualified purchases and programs.

Amazon Merch

If you’re into drawing or designing artwork Amazon Merch service is a great way to simplify the process of selling your designs. All you have to do is create an account, upload your image, optimize your product page, and set a list price. Amazon then prints what’s sold, and ships it quickly via Prime. You can earn monthly royalty payments for whatever you bring in.

Amazon Web Services

Amazon Web Services (AWS) is one of the world’s leading cloud platforms offering more than 170 products across a global system of data centers. AWS can give you the flexibility and control to launch an enterprise-grade business right from your home. You can use AWS to host professional-grade services like apps and websites. So, if you have an idea for a business, you can use this service to power your platform and store its data. It is cost-effective, secure, and incredibly scalable.

Amazon Retail Arbitrage

You can also make money on Amazon by picking up items at retail stores like the Home Depot and Walmart and sell them for a higher profit online.

Amazon Flex

Amazon Flex is a program that lets you use your own vehicle to make deliveries. It involves setting aside a time that you want to work using their app, picking up items from Amazon fulfillment centers, and dropping them off at various destinations.

Mechanical Turk

Mechanical Turk (MTurk) is the brainchild of Amazon founder Jeff Bezos. MTurk is a platform that allows workers to apply their skills to available tasks in the MTurk marketplace. The downside of this is that there isn’t much money to make on MTurk. But it’s another way to diversify your income.

 

“You can only be financially free when your passive income exceeds your expenses.” T. Harv Eker