Ways to Make Money on Amazon

Perhaps you have been thinking about earning some extra income, or maybe turning a hobby into a full-time gig; whatever you want, Amazon could be the route to take. In 2021, Amazon’s sales revenue was almost $470 billion. And you can be part of that. Amazon has programs that let anyone make money.

From handmade items to selling services, Amazon provides a platform to generate income. Below is a list of possible money-making ventures you can take advantage of.

Hobbies Turn Into Revenue

Whether you make jewelry, knitwear, or are a woodturner, you can turn a hobby into a money-making proposition. After all, lugging your wares to festivals and craft shows to sell can be laborious. Amazon offers the biggest craft show in the country.

“Amazon Handmade” lets you sell your wares to millions of potential customers. Amazon has artisans from more than 80 countries selling their crafts. It’s a way to do what you want and earn an income.

Unlike other online platforms, Amazon doesn’t charge a monthly selling fee or hidden fees. But it does charge a 15 percent referral fee to individuals. In addition, Amazon has another “professional” plan that comes with more bells and whistles for a flat monthly fee plus a percentage. The individual plan is great for those selling fewer than 40 units per month.

Only artisans can participate in Amazon Handmade, and there is an application process. You also will receive a custom URL so that returning customers can find you.

Generate Profitable Blogging

Do you have a blog that you want to monetize? You can share available programs and products with your viewers from Amazon. For instance, let’s say you have a bee-keeping blog and want to share a beekeeper jacket that’s for sale on Amazon; you can make a commission if your reader purchases it.

This works through Amazon’s affiliate program. Sign up and receive a number from Amazon Associates that you incorporate with the link to your recommended product. Then, when you talk about the product in your blog, hyperlink the word about the product to the Amazon product. You’ve provided a service to your reader, and if they buy, you’ve earned some income.

It’s no charge to sign up. The downside is that if you don’t make a sale within 120 days, Amazon drops you from the program. But you can reapply.

This can be used in blogs or social media.

Amazon Merch on Demand

Are you an artist wanting to share your expression on a T-shirt or a tote bag? Then Amazon Merch on Demand is for you.

You provide the artwork, colors, and a description. Amazon creates the product page; when someone buys your product, Amazon prints and ships the product. You have no upfront costs.

This is not exclusive, so if you’re already selling your product locally, that’s fine.

Once more, you don’t have any upfront costs, and you make royalties from the sales. For example, in the United States, according to Amazon’s website, a $15.99 T-shirt will make you $2.21, that’s 15.8 percent royalties. A $25.99 T-shirt will earn you $9.77, which comes to 37.6 percent royalties.

So, if you’re looking to sell a product without an investment, Amazon Merch on Demand might be for you.

Amazon Provides Fulfillment

Fulfillment by Amazon (FBA) lets you outsource order fulfillment. You send your products to an Amazon fulfillment center. Then, when a customer makes a purchase, Amazon packs and ships the order. You don’t have to touch it.

One other advantage is that Amazon provides customer service and handles returns.

You set up the FBA program and add products to the catalog. Next, you’ll need to prepare your products for secure and safe shipping. Follow the packing guidelines. You have the choice of preparing the labels or having Amazon do it.

Create Your Own Brand

Order a product from a manufacturer that will let you re-brand. That means putting your brand and logo on it. Then you can list your product. Apply for Amazon brand registry so no one can counterfeit your product.

You’ll need to decide if you’re going for the lowest price if it’s competitive, or unique. This is a competitive way to make money, but if you have something special to sell, it’s doable.

Writing a great product description for your product is imperative. Use bullet points to highlight the product’s unique and main features. You have 500 characters total, with 15 words per line.

Don’t get salesy, and don’t talk about its low price. You only want a description. List the essential aspect first. It will probably be what people search for, and you want to show up in the search. Words that show up in the search are called keywords. Think in terms of what people search for and use those words.

Buy and Sell Books

Many people make money buying books and selling them. Others sell the books they’ve already read. Regardless there’s money to be made. You can make a steady income or some extra cash occasionally.

You can sell new books, textbooks (they sell well), or used books. You can even sell e-books. If your book was written before 1970 it won’t have an ISBN (international standard book number). But you can ask for an exemption.

Books can be found in various locations. You can buy books in bulk online or at bookstore closings. Sell your children’s old books. The local library sales or estate sales are also good sources.

Once you have your books, create a seller account. You can either sell as an individual or professional. Both have advantages.

Amazon Helps Create Additional Income

Whichever way you go, Amazon businesses can be a great side hustle or a new profession. You can add to your income by selling products from your hobby or scouring the town for books. Or, you can start a new business. The bottom line is you have several opportunities to earn income.

The Epoch Times Copyright © 2022 The views and opinions expressed are those of the authors. They are meant for general informational purposes only and should not be construed or interpreted as a recommendation or solicitation. The Epoch Times does not provide investment, tax, legal, financial planning, estate planning, or any other personal finance advice. The Epoch Times holds no liability for the accuracy or timeliness of the information provided.