When it comes to eCommerce, it does not get bigger than Amazon. This platform has revolutionized online shopping while simultaneously providing a plethora of ways through which you can make money. There are several easy ways of making money on Amazon by selling. Additionally, there are several ways through which you can make money on Amazon by not selling anything.
Did you know that Amazon has several programs through which you can earn passive income? If not, read on and find out how you can make passive income from Amazon through a variety of programs. You can choose to focus on one program or participate in several programs to diversify your income. It all depends on how much time you want to spend working online.
How can you make money on Amazon without selling anything?
The Amazon Associates Program is an affiliate program where you get paid a commission when clients purchase items through your links. Once you join the program, you are given the option of advertising the links through your website/blog, mobile apps, and social media pages. The two most common platforms for advertising these links are blogs/websites and YouTube. To make passive income from this model using either a blog or YouTube, you have to create optimized and informational content. You have probably come across “best product” review pages or YouTube videos that have lists of top ten products in a niche. These blogs or videos are populated with Amazon links where buyers may click and purchase the recommended items. This money-making model is cheap because you only need to purchase a domain name and hosting or open a free YouTube account and start posting content in your selected niche.
Two social media platforms that have revolutionized the way Amazon affiliates can market their links are Pinterest and WeHeartit. These two platforms are quite similar in nature and provide you with the opportunity of making money with little to no effort. All you have to do is create engaging content regarding the products that you want to promote, create pins or hearts that can either be posted on Pinterest or Weheartit, include some keywords, and get free and converting traffic. If you want a step by step tutorial on how you can leverage Pinterest for your amazon associate’s account, check out this in-depth article on how to make money on Pinterest.
Amazon Kindle is a self-publishing platform where authors and content creators get paid royalties when people purchase their kindle books. Kindle authors make money in two different ways which include: client purchases and book borrowing. If you are a writer then this is a great way to make passive income because you will be paid every time a client purchases your eBook. If you are not a writer, you can still make money on Kindle. This can be achieved through the creation of low-content books like diaries, planners, mandala coloring books, and Sudoku planners to mention a few. The best part about it is that you do not have to go through complex procedures to open a kindle account. All you need is an email address and you are good to go.
It is important to note that Amazon Kindle comes with fierce competition. There are hundreds of thousands if not millions of writers and books on the platform. As such, you will need to put in the effort to stand out. There are several ways through which you can reach more consumers and they include creating books in a low-competition niche, doing adequate keyword research to see how people selling in your niche rank on Amazon, and constantly checking out Amazon Bestsellers to determine which new niches can work for you. One of the good things about this platform is that it comes with an already established base of readers. All you need to do is create a high-quality book, create a killer amazon description, and begin selling!
Amazon Mechanical Mturk
Amazon mturk is a crowdsourcing labor platform where you get paid to complete low skill tasks. These tasks often pay next to nothing (usually cents) because they are easy to accomplish. A significant number of workers on mturk are from overseas. However, you can still make money from this site by using some key strategies discussed in the linked article. The best part about these tasks is that they can be accomplished over cellphones and tablets. Your account also levels up as you complete each task thereby giving you access to higher-paying jobs. This job can be lucrative if you set your mind on it. One Mturker reportedly made $21,000 during his free time.
As mentioned earlier you should know that Amazon mturk pays lowly for these tasks. As such, do not expect to hit the ground running as some of these tasks can take days to complete. Start slow and build up your skills and speed. Also, strive to provide high-quality work every time! This is integral in alleviating your status as an mturker and getting access to more jobs. You can use this platform to supplement your income. Who doesn’t need a few extra dollars every month? One trick to making more money is consistency. Remember that “me-time” you take every day to get away from the stress? Or that time you spend binge-watching Netflix? Steal some few minutes or hours every day to work on mturk and you will be surprised how much you can earn!
Amazon is a retail giant that has a matching workforce that provides customer support and other services. If you are looking for a home-based job and are good at virtual assistance, then Amazon representatives are the best job for you. This job is particularly suited for the stay-at-home mom or dad or if you recently lost your job because of the pandemic. As an Amazon representative, you will be tasked with preventing and solving problems for customers. If you are bilingual or multilingual then you are most likely to find more positions within this niche. This is just another form of customer service but includes the provision of technical assistance.
Amazon representatives are expected to go the extra mile and ensure that the client is satisfied with the solution. Just as in customer service, you will need empathy and a lot of patience. If this sounds like you then you should apply for the open positions. Amazon representative jobs that allow you to work from home can be accessed on a variety of staffing platforms including Amazon jobs that lists all available openings on the platform and Indeed.com that provides users with an array of remote positions. Since Amazon is located in various locations across the globe, you can find positions that apply to your locality.
Amazon Trade-in Program
While this is not a sustainable or full-time way of earning passive income online, it is an opportunity for you to get rid of items that you do not use in exchange for an array of prizes including Amazon gift cards, Amazon Devices, cell phones, video games, and more. In other instances, some trade-ins may be eligible for limited-time, promotional credit off of a new qualifying Amazon Device. The best part about this program is that you can trade your items in whatever conditions they are in. According to the Amazon website, all item conditions ranging from non-functional to good condition are accepted. However, if you want to be paid the highest value for your item your devices must be in the best of conditions.
This program allows users to get paid in Amazon gift cards for used items like books, DVDs, Kindle devices, tablets, cell phones, and other products. If you have used Amazon before, then you have a stash of products that you have probably outgrown. Remember that pram that your child outgrew and is now gathering dust in the attic? Or that smartphone grandma doesn’t use because it makes too much noise? Start collecting them and trading them in for valuable gift cards. While this is not a sustainable source of passive income, it can help you get access to gift cards and other rewards that will ultimately put you in a better financial position! The best part about this program is that you do not pay for shipping. When you enroll in the program and request a trade-in, Amazon will give you a free pre-paid USPS or UPS shipping label. All you have to do is package your used item and send it off! Check out the Amazon trade-in store for goods that you can exchange.
Amazon Camper Force Associate
This program is available for those owning or living in campers and RVs.As a Camper Force Associate, you are responsible for picking, packing, stowing, and receiving the merchandise for Amazon. Associates can choose from a variety of seasonal jobs available according to their location. Camper Force Associates have a variety of benefits that include Up to $550 a month for each campsite, assignment bonuses, Campground provision toward your expenses on the campground, medical and prescription coverage, Assignment Completion Bonus for approximately $.50 for each regular hour worked and $1.00 for each overtime hour worked after an assignment ends, weekly pay schedule, overtime pay, and 401 (k).
This opportunity is provided on an annual basis and you need to check in with Amazon Jobs to know when they are open. At the moment the positions for 2020 are closed and the application period for 2021 has not been opened yet. Since the availability of these jobs changes rapidly, you can sign up for their text notifications to be notified when a position opens up. According to their site, you should text CAMPERFORCE to 77088 to be notified of potential openings. Camper force is a versatile and well-paying job that can help you increase your financial stability within the shortest period.
Delivery Fulfillment Warehouse Associate for Amazon
Amazon has become a retail giant because of its convenient and fast shipping methods amongst other unique competitive advantages. This shipping is sustained by delivery fulfillment warehouse associates who ensure that goods are shipped in good conditions from their warehouse. This comes with an opportunity for you to make extra money, particularly during this pandemic when most people are opting for home deliveries, by applying for a position as a delivery fulfillment associate for Amazon at their fulfillment, sortation, delivery, and Prime Now locations, Campus Pickup Points and customer service centers. The minimum wage for these programs is $15/hour.
Some of the responsibilities that you will undertake include receiving and processing incoming inventory and materials needed to package and ship the goods, picking and filling stock orders, and in some cases managing, retrieving and organizing the inventory. This is one of the positions that are open year-round meaning that you can apply and begin working as soon as you want. Take advantage of the current increase in such jobs and generate a second passive income as soon as you can begin. It is important to note that such jobs are energy-draining as you might be standing on your feet for hours. However, the compensation is worth it!
Have you ever ordered from Amazon and noticed plain-clothed delivery associates at your door? These associates workforce Amazon flex a program that was introduced to keep up with the demand for same-day delivery. All you need to participate in this program is a reliable car and smartphone. The current base pay starts at $18 and ranges to $25. All you need to do is download the app, answer a few questions, and set up your profile. You are always paid for preset hours even when you finish your shift earlier. To apply for this position, you need to know whether it is available in your area. This can be done by searching on their flex jobs website.
The process for becoming an Amazon flex driver is quite simple. First, you have to determine if it is available in your area. Then you need to sign up and reserve a block that you will be working on. Thirdly, you can begin making deliveries as soon as you are available. The most important feature of this job is its flexibility. Amazon flex positions allow you to work according to your schedule. All you have to do is plan your week by reserving the blocks that you want in advance or by picking them each day based on your availability.
Amazon Vine Products
Amazon Vine is a program where customers get free products in exchange for reviews. That’s right, you don’t have to be an Instagram or YouTube influencer to get free products for reviews. However, this product is only available for Amazon users who have left consistent reviews in past purchases. If you would like to help others with your reviews then this program is for you. You will not make a passive income stream from this but you can get gifts for family members and save on the cost of purchase. To become a vine reviewer, you need to have an already established Amazon account and have posted trusted reviews.
This program was created by Amazon as a way of providing their consumers with honest and trusted opinions regarding various goods and services on their platform. Accordingly, you will be required to provide honest and factual opinions on new and pre-release items that will ultimately help their fellow customers make informed purchase decisions. What a great way of getting access to free products while simultaneously helping other consumers get access to the best products? It is important to note that this is an invite-only program and Vine Voices, as the reviewers are known, are selected based on several criteria but primarily based on the helpfulness of your reviews as judged by other consumers.
Building Alexa Skills Voice Apps
Alexa is Amazon’s version of artificial intelligence. The AI has a variety of skills that include playing music and providing weather forecasts that are built and provided by contributors. Amazon provides a developer console to programmers who are interested in creating new skills for Alexa. These skills contribute to the humanizing of AI. If you have an Alexa-enabled device and would like to see a particular skill set that is missing, you can decide to create it and earn passive income when users enable the skills.
While developing such skills can seem daunting particularly if you have limited programming knowledge, several platforms have simplified building these apps. These platforms offer fundamental building blocks to the programs and allow you to create these apps using the blocs as foundations. Some of these platforms include Botsociety that can help you build conversational interfaces for voice and chat; Storyline is a platform that helps its users create any Alexa skill without having any coding experience; Voice Apps that will help you build skills for Alexa using their simple and easy-to-use drag and drop feature. Other platforms include Blue Tag, Jovo, and Conversation One amongst others. It is important to know that most of these platforms come with free options that have limited abilities and paid options that have an array of abilities.
How to Make Money on Amazon by Selling in 2021
Fulfillment by Amazon (FBA) is a drop shipping eCommerce model with a twist. You, as a merchant, source products directly from a supplier in china. You may or may not choose private-label goods. These products are then shipped directly to Amazon. When a buyer purchases a good from your Amazon store, the company directly fulfills the order. With this eCommerce model, Amazon stores your goods in their fulfillment centers where they pick, pack, and ship directly to consumers. This model is quite lucrative considering Amazon has more than 100 million users who visit the shop regularly. It also has one of the most advanced fulfillment networks making it convenient for buyers.
This model is based on a buy low, sell high business framework. All you need is:
An Amazon Seller Account
The Amazon Seller App
Capital to buy your initial inventory
This model is quite simple and great for people who love shopping. All you have to do is visit your local retailer and scan the sale/clearance section using your seller app. The app will tell you how much you can earn from selling the items on Amazon. The app will also tell you the sales rank of the item which is important because it shows how fast the items will sell on Amazon. Generally, a sales rank of less than 50,000 is recommended. You will then buy the items, list them on your Amazon store and ship them to their fulfillment center.
Online arbitrage is quite similar to retail arbitrage. The only difference is that you will be sourcing your products online instead of retail stores. You have most likely come across websites where products are sold at lower prices than Amazon. You can find deals on coupon and cash rewards sites like Ebates. To make a profit from this eCommerce model you need to have an eye for deals and always be aware of sales. You can also find good deals on liquidation sites for other websites. This is quite tricky but more profitable because most liquidation sites have out of order products. The profit margin for this form of selling is quite lower than retail arbitrage. However, it needs less capital and is a good source of passive income.
Merch by Amazon is a print-on-demand service that allows creators to list and sell their designs on t-shirts for free. You have probably seen the typecast shirts that have humorous and interesting quotes or come across designs that reflect the values of a particular community. A significant number of such shirts are usually provided through POD services like merch by Amazon. As a seller, you will earn royalties whenever a client buys your shirt design, you don’t have to deal with inventory and as such eliminate the risk associated with physical inventories, your products will be eligible for prime shipping thereby increasing your ROI, you don’t have to look for clients as Amazon Marketplace will provide you with valuable traffic from their million customer base, and will have access to unique software that will help you track your success. Merch by Amazon has a huge base of creators varying from independent designers to big brands. All you need to do is create and upload your designs, set a list price, and start selling immediately.
Amazon Create Space
Amazon Create space is a platform that combines some of its job opportunities. As a creator, you can publish kindle books, distribute your music and films, and publish your paperback books. These platforms offer specialized options to meet your publishing needs as a creator. You can choose to use their print book service to distribute paperback copies of your creations. This is particularly handy if you decide on creating nonfiction and illustrative content like coloring books, Sudoku puzzles, and journals.
Amazon has an artisan-only community like Etsy where you can sell your handmade items. The program is accessible to artisans in over 80 countries worldwide and has no hidden fees. One of the advantages of using this platform in comparison to other artisan communities like eBay and Etsy is that you have access to a larger audience base. However, the commission fees on Amazon Handmade are higher than the other platforms at 15%. Additionally, the program is only accessible for products that fall under a certain category and are strictly made by hand.
Selling Services on Amazon (Amazon Services)
Amazon service is a unique platform where professionals like assemblers, house cleaners, handymen, and more can make money by selling their services in their local area. This is the uber of services. The process of getting accepted into the program is quite thorough and includes background checks. There are zero upfront costs associated with using the platform, it’s based on an invite-only system, and you can leverage the trust of Amazon to get more clients in your locality. How does this service work? After registering on Amazon services, you will get discovered by clients, after which Amazon will send you custom orders, you will then show up and complete the job and get paid by Amazon. There are some requirements for service providers which include obligatory General Liability insurance with a limit of $1,000,000 US dollars per occurrence and appropriate license/certification information for trade professionals like general contractors and plumbers. You can also choose to offer prepackaged services available on price estimates like TV Mounting, or recurring services.
Creating and Selling Apps on Amazon
Amazon has an android app store where you can make passive income by selling your applications. The app store has exclusive access to millions of clients available through Kindle Fire, Amazon Fire TV, and select Android devices. There is an additional web store that can also be used to list android apps. This requires a bit of programming and coding knowledge that is readily available on google. However, if you are not interested in learning to program but have an idea for a useful android app, you can hire freelance coders and programmers on sites like Fiverr and freelancer to create the app for you.
Reselling Books on Amazon
Did you know you can resell bookson Amazon? It’s one of the easiest ways of earning money online. All you have to do is find a good sou7rce for your inventory and then sell through Amazon FBA. One of the tips for finding books that sell faster on Amazon is by using a scanner. You visit bookstores or libraries that are having sales. You then scan the book’s barcode to determine its selling rank on Amazon. You want to choose books that are in the BSR (Bestselling rank) on Amazon. A book that has a BSR of less than 100,000 is great and could potentially sell fast. After purchasing the books, you send them to Amazon fulfillment centers to handle the shipping. I have created an ultimate guide on reselling books on Amazon if you are interested.
You can publish your audiobooks with Audiobook Creation Exchange on Amazon. This tool allows content creators to narrate their books or connect with voice professionals who can narrate their books, and allows customers to switch between eBooks and audiobooks using Whispersync. Do you have an idea for a children’s bedtime story? Or are good at writing fables? Signup on their platform and begin uploading content that is distributed broadly on Amazon, Audible, and iTunes. Content Creators earn royalties of up to 40% and can live and work globally. You can also make more money by dictating some kindle books for authors. These positions are accessible on third party platforms and will be extensively reviewed in other posts. Some of the platforms that you can access such positions include Amazon’s Audiobook Creative Exchange (ACX) where authors are connected to audiobook narrators.
Amazon provides a plethora of opportunities for the individual seeking to make full or passive income. Most of the positions where you won’t have to sell anything require you to physically report in a warehouse or office, while those that have selling options can be done from the comfort of your house. Before making a decision on which option is best for you, decide on whether you are looking for a full-time or part-time opportunity and also decide on whether you want to work from home or report to one of Amazon’s physical facilities. Once you have made your decisions, you can review any of the above options and begin making an income that will help you become financially stable! It is also important to note that most of the Amazon selling programs are available in many countries across the world while the programs that do not require any form of selling are only available to a select number of countries in North America and Europe.
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