How to make money on Amazon (2020)?
Ways to make money on Amazon

How to make money on Amazon (2020)?

Amazon is an American multinational company and is the world’s largest e-commerce platform. More than 2.5 million sellers are offering around 120 million different products in this platform in more than ten different countries.

Most of us use Amazon for buying products or use its other services in our everyday life. But, ever wondered that you could make money on Amazon?

You heard it right. There are several ways through which you can earn money on Amazon. Here, we will be discussing about the best and the most legit ways of making money on Amazon.

So, here is the list of eight different ways of making money on Amazon.

Merch by Amazon

Merch by Amazon

Merch by Amazon is a print-on-demand service that allows you to create your artwork and list it into Amazon for free. Here, you can earn commission on each sale just by uploading the plan of a t-shirt, hoodie or perspiration and you don’t have to keep any inventory and handle the fulfilment hassle. When a purchase is made, Amazon generates the product, make the shipment, and you make money out of it. It likely won’t make you wealthy, and you might also end up not selling any of your designs, but it also doesn’t cost anything for you to attempt, so if you’re creative and know how to create cool designs, it might be worth a shot.

On every merch Sale, Amazon pays royalty as a commission for the design. The royalty is based upon the product’s purchase price that is set by Amazon after all of the cost is taken into account including material, printing and client care.

If you want some guidance, Amazon also offers its best practices page where it supplies all the essential direction about layout such as art resolution, colour selection, sizing, and positioning.

Here are some easy steps to join Merch by Amazon:

  • Sign up into Merch by Amazon and make a layout
  • Upload the Plan on any product
  • Pick the colour of your merch and compose a merchandise description

From there, Amazon takes complete control of making a product page, printing, packaging, fulfilment and customer service.

Amazon Associates

Amazon Associates

One of the best ways of earning money from Amazon is through affiliate marketing. If you are a blogger or you have a website and are able to generate a high volume of traffic then affiliate marketing is a great source of earning for you. Amazon Associates is an affiliate marketing network that provides you the opportunity to earn commission on each sale that you make through the affiliate link. The more traffic you have, the more clicks you will get and ultimately the more commission you will earn. The percentage of commission that you can earn from an Amazon Associate Program usually ranges from 4%-10%.

Some examples of commission rates of Amazon Associate by product category include:

Luxury Beauty, Amazon Coins
Digital Music, Physical Music, Handmade, Digital Videos Physical Books, Kitchen, Automotive 
Amazon Fire Tablet Devices, Amazon Kindle Devices, Amazon Cloud Cam Devices, Amazon Fire TV Devices, Amazon Echo Devices, Ring Devices, Watches, Jewellery, Luggage, Shoes etc.
10.00%
5.00%
4.50%


4.00% 

You can check the complete Associates Program standard fees schedule here.

In order to join to Amazon Associate you can click here to Sign Up

Amazon FBA

Amazon FBA

FBA stands for Fulfilment By Amazon. It’s a service provided by Amazon that supplies assistance for storage, packaging, and shipping of your products, all you would have to do is ship your inventory to Amazon’s warehouse. Some retailers decide to ship out products themselves, to avoid hefty fees that Amazon charges. There are pros and cons of doing this, but if your product sells in large volumes, it makes the most sense to ship via FBA. You can find plenty of sellers from Alibaba & eBay from where you can purchase your product, but getting a good seller and a great deal has been the most significant challenge for you to cash in some good income.

Most of the sellers these days are doing private label sales using the FBA network by placing their branding and logos onto it and selling it directly to consumers. It is also referred to as white-labelling or brand-creation. The process has existed for years and is common in countless retail stores; (Target’s Mainstays manufacturer and Walmart’s Great Value are two illustrations of private label brands). Thanks to FBA, for creating a great opportunity for e-commerce business owners like us to generate some extra income.

To Start, register for Amazon FBA here.

Kindle Direct Publishing (KDP)

Kindle Direct Publishing (KDP)

You can self-publish an eBook on Amazon, and every time you sell, Amazon takes a cut, which ranges from 30-70 percent of the record. Writing and publishing an eBook seems unachievable but several eBooks that are available on the platform aren’t very long either — a whole lot is below 100 pages and very consumable. You can publish digital books through Amazon Kindle Direct Publishing (KDP). It hardly takes five minutes to publish the book, and your book will be accessible on Kindle stores across the globe in 24-48 hours. Amazon lets you set your prices for self-published books. You will earn up to 70 percent of exemptions on Kindle sales. You can also make modifications to your content at any moment. In addition to that, you can also check out ACX to make an audiobook that may be sold on Amazon.

Along with Digital format, you can print copies of your book, too, through Amazon’s CreateSpace print on demand. The only catch is that you need to write prolifically to find success. Though it’s possible to publish one or two popular books, the volume is the name of the publishing game. The more you write, the more you’ll be able to earn. Some writers receive as much as $40,000 per month. All these writers, however, tend to be prolific and write topically to get noticed. Once you write the material, you do not need to write it again! Nor do you need to be concerned about inventory.

Virtual Jobs (Work from Home)

Amazon Virtual Jobs

Work from home is a kind of freelancing opportunity offered by Amazon. Amazon posts plenty of job openings on its virtual location page like customer support representative, technical support staff, business development officer, etc. The positions are for seasonal, part-time, and full-time work. These opportunities aren’t available everywhere but If you reside in a particular area, you will be able to apply for Amazon’s “work-from-home” considering you’re qualified and an idle fit for the position.

Additionally, there are non-customers service positions that those with a qualified tech background may possibly apply for, such as cloud tech accounts managers and technical trainer. You can get a job working directly for Amazon from the comfort of your own home. The customer service staffs supports 16 languages from over 130 locations worldwide. Amazon is constantly upgrading its Client Service Associate jobs. Check this site to find out if there’s a fulltime or part-time job you meet the qualifications for.

The income you create as a work-from-home employee with Amazon depends on the position, although most of the positions are for data entry and customer service. Furthermore, Amazon established a $15 wage in 2018. So at the very least, you’ll make $30,000 once a year as a full-time, work-from-home Amazon rep.

Sign Up here to check out the current job openings.

Amazon Flex 

Amazon Flex

Amazon Flex is a program that provides an opportunity for individuals who own a vehicle to join Amazon as a delivery partner. There are millions of items available in various categories in Amazon which are being delivered by the Amazon delivery partners. The Flex App provides direction to the drivers to deliver the packages from stations to the recipient. 

The Flex driver’s payment ranges from $15 to $30 per hour, and it varies on several factors like the time of the shift, the region, and the difficulty. Additionally, Amazon also offers incentives and bonuses to its drivers on completion of a certain milestone, although there are no permanent incentive or bonus schemes. The best thing about Flex is drivers will get to know about their earnings from a particular shift even before they sign up for it. 

To be a part of Amazon Flex, one should fulfil the following criteria:

• Minimum age should be 21 years

• Must have a valid driver’s license

• Should have auto insurance

• Pass a background check

• Must have a bank account to receive payments.

Besides, the applying driver must have a four-door sedan, a minivan, or a pickup truck. However, Amazon doesn’t guarantee the driver for a lifetime slot in Flex even after qualifying the process.

It also holds the right to deactivate a driver in certain conditions. Poor customer service, damaging or stealing bundles, and negligence in delivery can be some of the reasons for Amazon to fire a driver. Similarly, failing to schedule a shift for 180 days may also lead to termination of the slot at Amazon Flex. So, it is essential to schedule regular shifts to avoid getting deactivated.

Amazon CamperForce

Amazon CamperForce

This really is a superb earning opportunity for someone who owns an RV (Recreational Vehicle). Amazon CamperForce is for mobile Rvers who work for seasonal assignments at Amazon facilities to earn some fast seasonal money. Together with CamperForce, you will be able to earn money by assisting Amazon in picking, stowing, receiving and shipping product orders. As a CamperForce associate, you will also have the luxury to select your assignment according to your availability, and also from various locations.

If you go into Amazon’s designated campground to select up work throughout the vacation season, Amazon will pay for your campsite fees and might even pay for some of your utilities. From CamperForce program one can expect approximately $500 a month each campsite, working as a fulltime seasonal associate.

Some of the advantages of CamperForce Program include:

  • Earning up to $550 per month each campsite.
  • Bonus of $0.50 each hour on completion of assignment and $1.00 for each hour of overtime work.
  • Medical and Prescription coverage available after 90 days.
  • Weekly pay program
  • 401(k)

Check out here for the latest CamperForece jobs.

M Turk

MTurk

Amazon Mechanical Turk (MTurk) is a crowdsourcing platform, operated by Amazon Web Services. It was created to provide highly demanded tasks to individuals that computers are not able to perform currently. It is called as the Human Intelligence Task (HIT) by Amazon.

The platform allows individuals and businesses to outsource micro tasks and processes to a virtual workforce. The requester puts the work to the Mechanical Turk marketplace where an employee interested in a specific job can provide its services. Things like data analysis, content moderation, data entry, research, and surveys fall into this class. The purpose of Mechanical Turk would be to finish jobs faster by cutting down the work into micro-tasks.

It’s genuinely the joint efforts of thousands of remote workers just like us. It is a bit low-maintenance compared to some other work programs of Amazon, which pays a little less. Nonetheless, online reports suggest that Mechanical Turk workers may expect to earn around $5 to $10 per hour. It is easy to join, simply create a worker’s account and fill out the necessary information.

Sign Up here to get started with MTurk.

Conclusion

Over the years, Amazon has grown tremendously and has also provided enormous opportunities for people to associate and earn through it. Out of the eight different ways explained above, some require specialized skillset, whereas, the rest can be done by anyone who has the zeal and interest to do it.

If you are passionate about earning some extra and can afford some time, it can be a game-changer for you. There are a lot of people around the globe who earn their livelihood making money on Amazon.

Also Read: Best SEO Keyword Research Tool

This Post Has 15 Comments

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