How To Make Money Using Amazon.
Wouldn't it be awesome to make more money and work less hours? Well, it is possible to make some extra cash using Amazon. It can be a part time or full time job, or even just a hobby. Some of the ways to make some extra money are straightforward as well, and find how to do this below.
Many people have the thought of starting a profitable business, pursuing a passion and achieving satisfaction from helping others. They think that can seem like living the American Dream. To that end, Amazon is one way to start a business and make some extra money.
In fact, over 66% of Americans dream of owning a business, according to a small business survey. And the fact is (for better or worse) that more and more people are using Amazon to make money from a business.
But, how do you go about starting and owning a business living paycheck-to-paycheck? For many people, this can seem like a dream that will never become a reality. With a rise in online retail sales, it is now possible to achieve some of those dreams through Amazon.
The Amazon marketplace has evolved throughout the years, and it has become America's most innovative #1 retailer. Billions of consumers are drawn to Amazon because of low prices, convenience and free shipping. It is also a fairly easy and straightforward way to make money from a small or work from home business. The start-up costs are minimal.
It is certain that Americans love sweet deals and the free two-day shipping that comes with an Amazon Prime Account. According to a recent report from Consumer Intelligence Research Partners, an average shopper spend approximately $1,500 per year on Amazon. American shoppers are likely to spend four times more minutes shopping on Amazon, compared to other retailers.
Amazon, which is the largest online portal in the world, has attracted a massive audience. It has also attracted many small businesses, work from home parents who want to make money, and entrepreneurs. The company has earned a trusted reputation through verification methods, product reviews, and top-notch customer service. With a diverse marketplace, popularity and expected growth, Amazon has been attracting manufacturers, small business owners, entrepreneurs, startups or anyone that is looking to make extra cash to supplement their income.
Amazon has opened doors to numerous business opportunities to make money, building a passive stream of income and even launching a profitable business, with exposure to over 300 million customers. Below are some surprising ways to make money through Amazon
Selling On Amazon
Over 50% of Amazon's profit comes from third-party sellers and it one of the best marketplaces to reach millions of consumers. The Amazon seller program enables individuals and small businesses to sell products from over 20 categories. It is estimated that over 80% of businesses fail within the first 18 months. Since the odds are often difficult to overcome, Amazon is an excellent tried-and-tested platform to get started. Listed below are the selling programs on Amazon.
•Fulfillment by Amazon (FBA): This program works by selling your products directly to Amazon. The fulfillment centers will pick, pack, ship and provide customer service for your products. Amazon FBA is a simple and cost-effective way for individuals to scale their business and reach more customers.
•Amazon Advantage: A self-service program that enables you to sell and promote media products on Amazon. This program is specifically designed for music labels, authors, studios and publishers. Amazon Advantage program allows you to sell original videos, music, books and other media content. Items should be registered and have a valid ISBN, UPC or ENA barcode.
•Private Labelling: Not everyone can invent "new" and "original" products. Amazon private label works by purchasing bulk or generic products and remarket and sell under your brand and packaging.
•Amazon Handmade: A special category on Amazon that is open to Artisans who make home products like clothing, home decor, party supplies, jewelry, and other handmade goods. Or find other ways to sell crafts online.
•Selling Services On Amazon: Sell your professional services as a house cleaner, handyman, plumber, contractor, moving services, furniture assembly, and other services. License/ certification is required by law to perform certain services.
•Merch By Amazon: An invitation-only system for independent designers. This program enables sellers to upload artwork and designs for Amazon products. You will be paid a royalty fee on each product that gets sold. There are no inventory risks, and you will be provided with analysis tools to create best-selling designs to grow sales. This is a great opportunity for designers and artists to earn a passive income.
Advertising Opportunities
If you are a business owner and would like to promote your products, brand or store, you can improve visibility with ads that will appear in search results and product pages. If you do not own any products, you can still make money by advertising and promoting existing items on your personal blog/website or social media. Below are two advertising opportunities on Amazon.
•Amazon Personalized store: Promote your brand and products with a free store on Amazon. Stores are available to sellers in the Amazon Brand registry, agencies, and vendors. You will get an easy-to-remember Amazon URL and multi-page for product listing, categories and the option to add videos, text, and images to tell your brand story to build a business reputation.
•Amazon Associates: An affiliate marketing program that was launched in 1996. This program helps bloggers, website owners and social media influencers to make money by promoting products and earning commission from purchases. There are over millions of products to choose from, and you can earn up to 10% from qualifying purchases. This option is great if you are an existing Amazon shopper. You can simply build an Amazon Affiliate blog or website and make money by writing reviews and recommending products to others.
Independent Publishing on Amazon
Amazon self-publishing program allows authors and publishers to reach millions of readers worldwide. It is fast, easy and free to publish content through Amazon and make money. You do not have to be a professional writer to get started. You can simply write about anything that you are passionate about. Below are different types of self-publishing options on Amazon. Or find other ways to earn money writing articles.
•Kindle Publishing: Publish a digital book and reach millions of readers with Kindle Direct Publishing. It takes about 5 minutes to publish your book, and it will be available Amazon website and all Kindle apps and devices within 48 hours. Your book will be distributed globally and in multiple languages. It is entirely free to publish an ebook on Amazon. Publishers and authors can receive royalties of up to 70% per sale.
•Physical Books: Amazon offers print-on-demand services to publishers and authors. There are free tools available to build and publish your book. The print-on-demand option ensures that your books will always be available to customers for fast delivery. There are no shipping hassles, returns or inventory cost. Set your own price and earn royalties of up to 80%.
•Audio Publishing: Audiobooks are convenient for busy readers on their 1-2 hours commute to work, while traveling or on the go. The Audio Publishers Association reported a 21.5% increase and more than $2.5 billion in audiobook sale. If you are not comfortable with writing, publishing an audiobook or podcast is a great way to share your expertise, personal story, or to entertain and inspire others.
Writers and publishers may also convert their printed and ebooks into an audiobook. Amazon allows you to create audiobooks with free tools and professional services through the Audiobook Creation Exchange (ACX), which allows you to choose from thousands of voice actors, audio publishers, and studio pros to narrate your audiobook. Your audiobook will be available to purchase on iTunes, Audible.com, and Amazon.com
•Amazon Video Direct: This program allows independent filmmakers, distributors, and studios to reach a worldwide audience. You will earn royalties based on hourly streamed by Prime Members. In addition to that, you will also receive revenue share for rentals, ad impressions, monthly channels, and purchases. Amazon video direct platform is also an excellent option for Youtubers, aspiring filmmakers or anyone that is seeking exposure in the media industry.
Make Money Selling Apps
Amazon Appstore provides numerous ways to make money from publishing apps. Amazon offers free tools, sample codes, and documentation to build apps. Your service will be available on selected Android devices, Kindle Fire & TV. You can also monetize your apps and games with ads or selling physical products in your product, which can earn up to 6% transaction fee.
Publishing web-apps for Amazon Fire devices, including Amazon Fire tablets, Fire TV, supported TML5 Web app and mobile-optimized websites is also an option to make money and reach millions of Amazon Appstore customers in 236 countries. Amazon allows anyone to build one without worrying about hosting and operational cost. There is also a wide range of development kits to maximize earnings and to make your app a success. Below are other tools and services that can be built on Amazon.
Amazon Alexa
A virtual assistant device with smart speakers that was developed by Amazon in 2014. Make money with Amazon Alexa by building delightful and compelling content. You can build Alexa skills to make everyday tasks easier and faster for customers.
Some common skill types to build for Amazon Alexa may include, game skills, kid-friendly skills, music skills, and content skills to inform, entertain and deliver value to the entire family. This option allows you to make money through In-skill purchasing, Amazon Pay For Alexa Skills- which will enable you to sell physical goods or services and monthly payments via Alexa Developer Rewards.
Amazon Employment Opportunities
Besides selling products, services, apps/ software tools, and affiliates marketing, Amazon offers employment opportunities to make money. These employment opportunities will provide you with useful skills to launch a business, financial security, (401k, life insurance, and disability compensation), health coverage for you and family, parental leave and employee discounts on Amazon.com. Below are the different types of jobs on Amazon.
•Amazon Warehouse: Amazon offers hourly fulfillment and warehouse associates roles at fulfillment centers with flexible hours, including overnights, early morning, day, evenings and weekends. There is a minimum hourly salary of $15 for all U.S workers.
•Work From Home: Amazon offers many work-from-home positions which may include call center agents, administrative support and other virtual location jobs. Find a list of other work from home type jobs.
•Amazon Student Programs: Amazon offers internships and full-time job opportunities for students. Amazon internships take place in the summer and last for 12-16 weeks. College students will receive mentorship, training and a chance to develop personal and professional networks by being involved in social events and workshops. There are also jobs for grads in business, research, and technology.
• Amazon Mechanical Turk: An on-demand workforce with virtual work opportunities. Become an Amazon Mechanical Turk worker and make money in your spare time by completing simple tasks. Tasks may include researching/gathering information, data verification, and image/video processing. Or read about other of the largest freelance websites.
Amazon is becoming one of the largest companies in the world and the most convenient online retailer, with billions of consumers. As stated above, Amazon has numerous opportunities for anyone that wants to participate in the business world.
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