10 Hacks On How To Make Money on Amazon Quickly

Posted 2 years ago by Max Komonov

For a听lot of听people, the听name 聯Amazon聰 is听synonymous with 聯online retail.聰 And, there 颈蝉听补听good reason for听this.

Amazon accounts for听 of听the听American ecommerce market share. While other retail names like Walmart 补苍诲听Apple have a听significant place in听the听ecommerce market, they cannot touch Amazon.

Market share of听leading retail ecommerce companies in听the听United States as听of听June 2022

But did you know that Amazon is听more than just an听online retailer? If听you鈥檙e wondering how to听make money on听Amazon, you have plenty of听options. Yes, you can go听the听standard route of听creating a听store to听sell on听Amazon. But, this is听not the听only option available. You don鈥檛 even need your own business to听make a听profit on听Amazon.

Want to听learn more? Follow these tips on听how to听make money on听Amazon.

How to听Make Money Selling on听Amazon

Private label selling

Private label selling is听one of听the听most common business models used on听Amazon. 聯Private label聰 selling refers to听taking a听pre-existing item, making slight improvements to听it, 补苍诲听adding custom branding. In听other words, a听private label brand is听packaged 补苍诲听sold under the听retailer鈥檚 name, rather than the听manufacturer鈥檚. This 颈蝉听补听common practice for听many big-name retailers like Walmart 补苍诲听Target.

Small businesses can also use this method when selling on听Amazon to听great success. This 颈蝉听补听smart way to听establish a听reputable niche brand for听your online store.

Make your own products

When most people think of听buying 补苍诲听selling handmade crafts online, their minds likely turn to听Etsy first. But Amazon has its own service catering to听custom 补苍诲听handmade crafts on听its platform: .

Amazon Handmade has a听couple of听distinct advantages over Etsy. Namely, Amazon Handmade sellers have access to听a听larger market of听potential customers. Amazon Handmade also does not charge listing fees.

So听if听you鈥檙e trying to听figure out how to听make money on听Amazon for听free, this option may be听for听you. You don鈥檛 need to听pay anything to听sell your products, unless you make a听sale. In听this case, you鈥檒l already be听making money. Production costs will also vary depending on听what you sell.

Print-on-Demand

In听between selling pre-manufactured products 补苍诲听handmade goods is听the听option of听starting a听print-on-demand business.

Print-on-demand businesses can upload custom designs to听Amazon, or听print custom designs for听customers. This model is听commonly used for听selling products like T-shirts, mugs, stickers, 补苍诲听posters. The cost to听run a听print-on-demand business is听relatively low. You will need some generic inventory (blank T-shirts, mugs, etc.) 补苍诲听some graphic design 补苍诲听printing tools.

Beyond that, all you need is听your own talents 补苍诲听a听bit of听time to听invest in听the听business.

Selling wholesale products

Selling wholesale goods 颈蝉听补听classic way to听make money on听Amazon or听elsewhere. Reselling wholesale products has been common practice in听retail since long before ecommerce rose to听prominence. This method is听somewhat similar to听private label selling, but with less investment.

When you sell wholesale goods, you don鈥檛 need to听worry about your own manufacturing or听branding. You simply buy products in听bulk from a听manufacturer 补苍诲听resell them at听a听slight markup. The overhead cost is听minimal, especially if听you sell most or听all of听your inventory.

The key to听making money by听reselling wholesale goods is听to听identify the听right items 补苍诲听create strong product listings.

Dropshipping

Dropshipping is听very similar to听selling wholesale goods, but with even lower overhead costs. Like wholesale, dropshipping businesses purchase their inventory from a听manufacturer or听dropshipping provider to听be听resold at听a听markup. However, reselling wholesale goods usually requires the听seller (you) to听store their own inventory, or听at听least take ownership of听it.

Dropshipping, on听the听other hand, does not require any听ownership of听your store鈥檚 inventory. Instead, you simply purchase items from a听dropshipper 补苍诲听create an听Amazon product listing for听them. The dropshipper stores the听products in听their own warehouse, 补苍诲听fulfills all customer orders as听well. Your role, as听the听seller, is听simply to听facilitate customer transactions. Your product listing generates sales, while warehousing 补苍诲听shipping are handled by听somebody with access to听the听necessary resources.

For those wondering how to听make money on听Amazon for听free, dropshipping is听one of听the听best options. With this method, the听only money you spend is听on听the听inventory you sell. Because you are selling at听a听markup, you will almost always make a听profit with Amazon dropshipping.

Sell your own items

Some people can make money on听Amazon by听selling their old or听collectible items. As听long as听your items are in听good condition, there is听no听reason you can鈥檛 resell them online. And Amazon, as听you know, is听the听largest online retailer in听America.

Amazon 颈蝉听补听great place to听sell anything from used books 补苍诲听furniture, to听collectible items like baseball cards. If听you have any听unused items lying around the听home, selling them on听Amazon 颈蝉听补听great way to听make some extra cash.

Publishing

You may be听familiar with Amazon鈥檚 origins as听an听online bookstore. That legacy still lives on听with the听Amazon Kindle 补苍诲听.

Publishing books on听Amazon 颈蝉听补听more niche money-making strategy than some others, but it听can be听highly rewarding. Whether you鈥檙e a听creative fiction writer, or听an听expert in听a听particular subject, Amazon 颈蝉听补听great place to听get published.

Amazon Publishing can be听used to听sell either physical books, or听ebooks, covering just about any听topic. So听this is听an听excellent way to听turn your knowledge 补苍诲听expertise into money 补苍诲听personal enrichment.

How to听Make Money on听Amazon FBA

One more thing to听note about selling products on听Amazon is听the听availability of听. Sellers can use FBA for听any听type of听Amazon store as听a听way to听save time 补苍诲听money.

FBA is听relatively simple. Sellers provide products 补苍诲听create product listings on听their own Amazon webstores. But instead of听fulfilling orders on听their own, Amazon uses its network of听fulfillment centers to听handle storage 补苍诲听shipping. Fulfillment can be听extremely costly, complex, 补苍诲听time-consuming. Relying on听Amazon鈥檚 existing services is听often the听best option for听small- 补苍诲听medium-sized Amazon sellers.

How to听Make Money on听Amazon Without Selling

All of听the听above tips involve making money by听selling products on听Amazon. But what if听you don鈥檛 have anything to听sell, or听don鈥檛 want to听sell products online? Here are some of听the听best tips on听how to听make money on听Amazon without selling.

Amazon Services

颈蝉听补听lesser-known, but highly valuable service offered by听Amazon. Amazon Services allows individuals to听sell their services, rather than products, online.

Many of听the听most popular options on听Amazon Services have to听do听with home equipment 补苍诲听furniture assembly. But this 颈蝉听补听great way to听connect with a听vast audience of听customers in听need of听all types of听services.

If听you are handy, or听enjoy helping others, Amazon Services 颈蝉听补听great way to听make money online.

Become an听Amazon associate

If听you have an听existing website or听web presence, you can make money on听Amazon without selling as听well. This is听made possible by听the听 program.

Through this program, approved associates can advertise Amazon products on听their own platforms. Amazon Associates earn a听commission fee based on听any听sales for听certain purchases made for听their advertised products.

This option is听great for听anybody who is听already operating a听business online, but doesn鈥檛 intend to听sell on听Amazon. It鈥檚 simple, direct, 补苍诲听requires relatively little work or听investment on听your end.

Become an听Amazon representative

Let鈥檚 not forget that, at听the听end of听the听day, Amazon 颈蝉听补听business. The company is听not just one of听the听largest online marketplaces in听the听world. It鈥檚 also one of听the听largest employers in听America. Many Amazon representatives can work from home, 补苍诲听make good money doing so. Amazon is听always in听need of听customer service representatives, for听instance. This is听an听especially appealing opportunity if听you are fluent in听multiple languages.

When thinking of听聯how to听make money on听Amazon聰, you likely are not considering being employed by听the听company. But this 颈蝉听补听realistic, 补苍诲听beneficial option that can help plenty of听people achieve their goals.

Want to听learn more about setting up听your online business? 黑料门 offers plenty of听resources to听help you learn about starting an听online store or听building your digital storefront.

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About The Author

Max has been working in the ecommerce industry for the last six years helping brands to establish and level-up content marketing and SEO. Despite that, he has experience with entrepreneurship. He is a fiction writer in his free time.

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