9 Ways To Make Money on Amazon
Amazon offers simple and realistic money-making opportunities ranging from seasonal work, side gigs, remote work, and ways to utilize special skills. If you're looking for a job change or a side hustle for extra cash, here are some ideas on how to make money on Amazon.
Sellers can use Amazon FBA to outsource the fulfillment of their sales. The process -- recommended for high-volume sellers rather than those selling individual or handmade items -- is straightforward. The seller sources items to offer for sale, often through wholesalers like Alibaba. These items can then be privately labeled with the seller's branding. The seller then ships the products to an Amazon fulfillment center and lists the products on Amazon. When an item is sold, it is shipped by Amazon directly to the buyer.
Arbitrage involves buying a product from a retail store and selling it on Amazon at a markup. Sellers might purchase these products from a retailer such as Walmart or look to an online site such as eBay for products. It differs from standard online selling as it involves selling products with one-time availability.
The Amazon Business program helps sellers reach business-to-business customers. To sell through Amazon Business, sellers have to register a Professional Selling Account. Once they're signed up, sellers can create a business profile and list products.
Under limited circumstances, Amazon allows people to sell used electronics that they no longer use. Sellers can list eligible products and receive payment.
If you have any skill with words, publishing a book through Amazon Kindle Direct Publishing can be an easy and low-effort route to a passive income stream. Authors in the KDP program can list an electronic version of their book on Amazon in less than five minutes, and newly listed books are available to Kindle users in less than 48 hours.
Amazon can help those who want to launch a private-label brand. Through Amazon Accelerator, sellers can receive support, help with marketing, and an avenue by which they can test products and receive feedback from customers. In exchange, entrepreneurs agree to market their products exclusively with Amazon.
One of the smart ways to earn money online is by selling artisan products through Amazon Handmade. Sellers from over 80 countries utilize Amazon Handmade to sell handcrafted goods.
Sellers of custom merchandise also have a home on Amazon. Thanks to Merch by Amazon, customers can create, market, and sell branded merchandise such as T-shirts, mugs, or keychains.
Those who have built a reputation as trusted reviewers may want to consider Amazon Vine. Amazon invites reviewers to become Vine Voices based on a reviewer rank and the rating of the quality and helpfulness of their reviews.