There are limitless business opportunities online, and you can also find some of those in Amazon. If you’re a frequent online shopper then you should know that websites like Amazon also have an unlimited number of ways for you to earn more money. You can either sell directly or just resell something that’s already in the website.
If you are looking to expand your sources of income, you can make more money from Amazon:
- Amazon FBA
FBA or Fulfillment by Amazon is a service that lets Amazon take care of preparing and delivering your products. You only have to ship your items to an Amazon warehouse for storage, and they will send it to your paying customers. In using FBA, you have to create an account to be a seller and input all the required details. You pay for the plan you choose.
Amazon has a lot of centers all over the world where you can ship your products. One of those is fbabee. You can review on any past updates that fbabee announced, so you are informed on how to send products and how everything works.
- Amazon Affiliate Program
If you run your own website or blog, Amazon’s Affiliate Program can let you earn from those. Amazon’s Affiliate Program lets you monetize from your own blog. When you become an associate, you advertise the products from Amazon and its subsidiaries through your blog posts. It’s their way of helping web developers and owners earn money from their sites.
If you love writing, then you can use that to establish your site which provides helpful articles for consumers. You can write reviews of products which you can link to Amazon. Incorporate the affiliate link in the article, and when your readers click on it and purchase the product through your link, you earn a commission.
- Publishing Your Books
Writing books is one of those things that you only need to pour all your effort on at first but could possibly earn you money for years to come. If you are looking for passive income, you can write a book and self-publish it. Write a quality book that you think is useful or even entertaining for people. If it’s great, then it could make you a huge amount of passive income.
Amazon offers three ways for publishing your book:
- Kindle – This is a digital reading format. You’ll sell soft copies of your book. The publication is free, and you get to own the rights of the book so you can make changes to the book whenever you need to. You can earn up to 70% royalty for every book you sell.
- Print – You can also sell hard copies of your book. The publication is also free, and you can earn up to 80% royalty fees.
- Audio – For audiobooks, you write the book and have someone narrate it. It will become available on Amazon, Audible, and iTunes. These platforms have different rates so you might want to read more about that.
You can choose any of these publishing options, and you can even select all three. Variety means having a bigger target market. You can appeal to those who prefer digital copies of the book, those who prefer traditional paperback, or those who would rather listen.
- Sell Handmade Products
People who like creating stuff can also sell their crafts on Amazon handmade. It isn’t like selling any regular product on Amazon because your products need confirmation that they are indeed handmade. Amazon will charge a 15% commission and a $1 minimum referral fee.
Some handmade goods you can sell are:
- Cards
- Food in mason jars
- Quilts
- Jewelry
- Handbags
- Accessories
- Potted plants
- Tips for Online Selling on Amazon
- Select Your Niche
If you are selling goods, choose your niche carefully. Some products don’t sell as well as others. The reason could be they are not on demand, they are useless, or maybe they are seasonal. Choose products that provide a use for the buyer — something that offers a solution for everyday problems like bath products or clothes.
Seasonal items are not entirely a bad idea. They could even increase your sales when it’s in season. For example, you make Christmas cards. Those cards won’t sell in May or April so you should have products that sell whole year round.
- Provide High-Quality Images
People tend to get weary when they buy stuff online. It’s because they don’t get to see or touch the products physically, so there’s a barrier for trust. Providing well-presented information and high-quality photos can ease their worries which can increase the chances of them buying your products.
- Keep Up with Good Reputation
Reviews are a huge factor whether people will purchase your products or not. You need good reviews to build trust among consumers. For good reviews, you need to uphold the quality of what you are selling. Five-star rated items are more likely to get bought compared to three-star rated ones.
Conclusion
You can never have too many sources of income. As long as its clean money and you are responsibly handling all of them, then it’s all good. Amazon offers lots of ways for profit so no one should say that there’s not enough chances or jobs in the world. While it’s true that there are plenty of competition but if you know what you are doing, then you are likely to succeed.
