4 Ways to Earn Money from Amazon
Amazon FBA (Fulfillment by Amazon) may be the most popular way to earn money from Amazon, but it isn’t the only way. There are four other ways you can use Amazon to make money online, even if you don’t have your own product to sell.
1) Join a Influencer Program
Not every influencer program is created equal, so it’s important to do your research. Many programs offer incentives like free shipping or product discounts, which could be beneficial if you intend on making a purchase anyway. But those benefits can often get taken away at any time without warning. Therefore, stick with brands you know and trust and that have been in business for years (your safety and security are worth more than a coupon code). Also, consider whether it makes sense for you financially to join an influencer program: If your audience has no interest in a certain brand's products—or they're very unlikely to make a purchase—you’re probably better off not joining its affiliate program.
2) Start an Amazon FBA business
You’ve likely heard of FBA (which stands for Fulfilled by Amazon), which lets you store your products in Amazon’s warehouses and allows you to ship them out when they sell. As a result, products are able to reach more customers and see larger sales. This is just one way that you can earn money on Amazon, but if it fits with your business, it could be a great strategy. If you want to earn money selling on Amazon, one of your first decisions is whether you want to open an individual seller account or a professional seller account. Seller Central, which offers these accounts, is owned and operated by Amazon. If you sell $10,000 worth of products in a year through Fulfillment by Amazon (FBA), for example, then you’ll pay a monthly fee for that privilege.
3) Sell your own products on Amazon
An easy way to earn money on Amazon is by selling your own products on their platform. If you have a product that you believe will appeal to customers, go ahead and sell it. You can start off small and eventually work your way up to private labeling products if you plan it right. But as always, when planning out a business like this, be sure that there’s a demand for what you plan on selling. Sell other people’s products: Another great way to make money with Amazon is by becoming an affiliate marketer. This means that you would use your website or social media channels to promote other people’s products and services in exchange for a commission on each sale made through those channels. It may take some time before you see results, but once they come in, they could add up quickly!
4) Become an Affiliate
The first step in making money on Amazon is setting up an account as a seller. To do so, you’ll need to provide some basic information about your business and agree to their terms of service. Once your account is activated, you can list products on Amazon with a 60-day free trial of selling on their platform. If you don’t sell anything within that time period, they will remove your items and refund you any fees you may have accrued during that time frame. You can always re-list those items at a later date if you decide to try again. As long as you maintain your professional relationship with Amazon (meaning, keep shipping out orders), they won’t charge you any extra fees for having sold something in the past. To learn more about becoming an Amazon seller, click here .