10 Best Ways To Make Money in Retirement With Amazon
Written by
Sean Fisher, AI Editor
Edited by
Sean Fisher
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Retirement doesn’t mean the end of earning opportunities. With the rise of e-commerce giants like Amazon, there are numerous ways to supplement your income from the comfort of your home. Whether you have skills in writing, reviewing, selling, there may be something that fits perfect for for you to earn a nice amount on the side of your main income and/or social security check. Here are the ten best ways to make money in retirement with Amazon:
Amazon FBA (Fulfillment by Amazon)
Utilize Amazon’s extensive logistics network by selling products through the FBA program. You source products, and Amazon handles storage, shipping, and customer service. This is a great way to tap into Amazon’s vast customer base without worrying about logistics.
Amazon Affiliate Marketing
If you have a blog or a website, you can join the Amazon Associates program and earn commissions by promoting Amazon products. You’ll earn a percentage of sales made through your affiliate links, making this an excellent passive income stream.
Self-Publish with Kindle Direct Publishing (KDP)
If you have a knack for writing, you can self-publish eBooks and paperbacks through KDP. It’s a fantastic way to share your knowledge or stories and earn royalties on your work. See here for royalty information and how much you can earn doing KDP.
Amazon Handmade
Are you skilled in crafting or handmade goods? Amazon Handmade allows artisans to sell their unique, handcrafted products to a global audience. It’s an excellent platform for retirees who want to turn their hobby into a profitable venture.
Amazon Merch
Design and sell custom-branded merchandise like t-shirts, hoodies, and more with Amazon Merch. You create the designs, and Amazon handles production, shipping, and customer service. It’s a great way to monetize your creativity.
Amazon Vine Program
If you’re an avid reviewer and have built a reputation for providing valuable feedback, you might be invited to join the Amazon Vine Program. As a Vine reviewer, you’ll receive free products from Amazon in exchange for honest reviews. While this doesn’t provide direct income, it can save you money on products you would otherwise purchase.
Amazon Home Services
Are you skilled in home repairs, cleaning, or other services? Join Amazon Home Services to connect with customers in your area who need your expertise. It’s a great way to leverage your skills and earn money.
Amazon MTurk (Amazon Mechanical Turk)
Participate in micro-tasks like data entry, surveys, or transcription through Amazon MTurk. While the pay for individual tasks may be small, they can add up over time for consistent income.
Sell Professional Services
If you have professional skills like legal, accounting, or consulting, you can offer your services on Amazon. It’s a way to reach a broader client base and earn money for your expertise.
Amazon Influencer Program
If you have a strong social media presence, you can join the Amazon Influencer Program. Create a storefront with your favorite products and earn commissions on purchases made through your personalized link.
Retirement can be an exciting phase to explore new income avenues. By leveraging Amazon’s diverse platforms, you can turn your skills, hobbies, and expertise into profitable ventures, all while enjoying the flexibility of retirement life.
Editor's note: This article was produced via automated technology and then fine-tuned and verified for accuracy by a member of GOBankingRates' editorial team.
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