Home » Make Money on Amazon in 2021 – 10 Killer Methods

Make Money on Amazon in 2021 – 10 Killer Methods

by Lexie Holmes
work from home

Make Money on Amazon

So you want to make money online with Amazon?

 

I guess you just typed “Make Money on Amazon” into Google and came across this site?

So first of all, you’ve come to the right place.

We’re friendly here,
we even serve you a coffee ☕️ (or a tea 🍵) to welcome you.

Let’s get to the heart of the matter:

Making money on Amazon is a great way to make a living.It’s even a proven way over the past few years.

But you still have to do it correctly.

Well, that’s JUST what this guide is all about.

Are you ready?

In this guide we will see the different methods that exist to earn an additional income or even a very comfortable salary with the e-commerce giant”Amazon”

The American giant of e-commerce Amazon, confirms its leadership in the world with 140 billion in sales in 2019, this statistic indicates the weight and volume of business of the marketplace in the world that continues its strong growth which creates huge business opportunities for companies and individuals!

Can anyone make money easily with Amazon?

Make Money on Amazon

Before discussing the different methods you can use to make money with Amazon, you should first ask yourself if it is easy and if it is possible?

First of all, nothing is easy.

Everything requires hard work.

Money will not fall from the sky.

But the advantage of creating your own business by earning money with Amazon means that you are doing it on your own and working for yourself!

So there is no scam in making money with Amazon as long as you do it by the rules.

How to make money online with Amazon?

This is a question that we are often asked.

Indeed, there are many ways to create a business on the Internet and to earn money using different means and different platforms.

Amazon is one of those ways to actually make money on the internet.

Depending on the strategies you will use some methods that will allow you to earn money in a recurring way.

make money as amazon affiliate

Make Money on Amazon

Amazon Associates Program

Amazon affiliate program is the most automatic type of income available. It is passive income. Amazon provides optimized links to sell the products behind it. Affiliate links can be placed in many places. In your website, in the description of Youtube videos, on Facebook, via emails, via ebooks… There are many ways to do affiliate marketing. The best method I recommend is to have a website and join the Amazon affiliate program to start generating revenue. The Amazon affiliate program is completely free.

It’s up to you to place your links wisely to earn a little extra income. Note that Amazon does not pay very well for affiliate marketing. Depending on the type of product you promote, Amazon will pay you between 3 and 12% commission.

The best way to make money with Amazon affiliate marketing is through niche sites. If you have a passion for coffee or for creating videos, you can pretend to sell some products related to these areas. Don’t forget to create regular and quality content to improve your SEO.

How much money can I make with amaon associates?
About $200 to $10,000 per month

Apply here: Amazon Associates

make money on amazon selling books 

Wondering how to make money on the internet with Amazon? It’s simple: publish ebooks that people can buy on their Kindle.

That’s right! It’s that simple.

A few years ago, Amazon created a platform called KDP Select. This platform is really revolutionary, because it allows anyone to write and publish novels, short stories, guides, essays etc. for free on the Amazon store. So I suggest you to earn money by writing a book (or several!)

kdp-select

The best part is that readers can actually read your books for free if they pay a monthly subscription, and you still get paid. As you can imagine, this system can be very profitable for you! This type of subscription is called Kindle Unlimited. It’s like Netflix, but for books. Users can read as many books as they want for free, or even listen to them without paying anything if you have created an Audible version of your works.

  • 1st solution: Kindle unlimited free for 14 days (after 9,99/month), readers can try and unsubscribe.
  • 2nd solution: they can listen to the books with audible (free for 30 days). So at least one free book! And they can unsubscribe.

You can take advantage of these interesting offers to sell even more books to subscribers 🙂

But how does this KDP Select work, to publish books?

It’s super simple! Just write an ebook, create a cover, then publish it on Amazon’s KDP Select platform. Then, you have to wait about 24 hours, the time it takes for the ebook to be validated by the Amazon team.
Then, if your book is good, you will get royalties on each sale, or on each page read if your readers have subscribed to the Kindle Unlimited service.

Kindle Unlimited is a kind of Netflix for ebooks. Customers can subscribe to read as many books as possible for free every month.

So there you have it, if you self-publish your ebooks, you’ll be able to see your creations on Amazon’s store, in the middle of other super famous authors like Guillaume Musso or Stephen King! It’s really exhilarating, and like I said, it’s a great way to make money on the internet 🙂

How much money can I make selling books on KDP?
About $600 to $50,000 per month

Apply here: Amazon KDP

make money on amazon with drop-shipping

Make Money on Amazon

dropshipping model

To make money quickly with Amazon, you can also do drop-shipping. This is a selling system in which you sell a product on Amazon. However, you don’t take care of inventory management or shipping.

Drop-shipping is a three-way system where the customer (the consumer) places an order on the website of the distributor (the retailer), who then sends the order to the supplier (the wholesaler), who takes care of the delivery and manages the inventory.

Wikipedia

The biggest advantage of this system is that you don’t have to spend a single dollar to start this business. You also don’t have to worry about inventory, as you can sell whatever is offered by your supplier.
The most difficult task is to find a supplier. On the internet, you will be able to get a list of suppliers that specialize in drop-shipping. Most people in the US use Home Depot or Walmart to drop-ship on Amazon.

There is one major drawback to this system. You are totally dependent on your supplier and their inventory. You are only a middleman. Your reputation will be tainted if ever the quality of their services is not at the top which will put your Amazon seller account in danger.

How much money can I make with dropshipping on amazon?
About $600 to $10,000 per month.

Make money with “Merch By Amazon” 

merch by amazon

merch by amazon

This is one of the most effective ways to make money with Amazon, it’s called Merch By Amazon, and it relies on printing T-shirts on demand. You design T-shirts of different designs (for example T-shirts for a specific event like soccer), and when someone buys them, Amazon prints the T-shirt and delivers it to the customer. The price of the t-shirts depends on the type of t-shirt, but they are very cheap, since they start at $12.99 and can go up to $25.99, Amazon gets the biggest percentage because they are the one who prints and delivers, and you get a percentage (from 11 to 13%) of the value of the t-shirt.
So, if you are a designer, or know someone who understands t-shirts designing (it’s very simple, and you can learn it by yourself if you are a beginner), or if you can hire a professional designer via independent platforms like Fiverr, this method is very cost-effective. There are many companies and services you can sign up for to profit from t-shirt design, but you need to promote your designs to get sales. Amazon is a big marketplace that millions of people enter every day, and all you have to do is having good designs that people like. 

Features of the Merch by Amazon Program

  • It is not necessary to manufacture the products in advance, the products are created on demand (Print-on-demand)
  • For the functioning of the Amazon Marketplace, it is very simple, in the same way as a classic print-on-demand marketplace, you will have to upload your designs via the merch by Amazon website, select your products, add a description and a title to send your products on the Amazon Marketplace.
  • This service is simply huge because you will directly benefit from Amazon traffic and earn money quickly, and the label shipped by Amazon, which is always a very good conversion argument!
  • Of course, as always you need to upload good quality designs, with a transparent background, MBA asks you for a 4500×5400 format, and it is preferable to export it in PNG format, which allows you to keep a transparent background.
  • Merch by Amazon is currently not available in France, and it works for the moment in the United States, Germany and England. You can directly select the marketplace where you want to sell from your space, so you will have to create designs in the language of the marketplace where you want to offer your designs.
  • You can also put a brand so that visitors of your product pages can find your other products!
    Creating a strong identity can also be a good way to generate revenue.
  • If you want to generate additional income, my advice is to create original designs! It is not useful to copy what is already done, especially on Amazon everything has already been copied hundreds of times!

How much money can I make selling t-shirts MBA?
About $600 to $3,000 per month

If you want to register I recommend you to do it now, registration can sometimes take a little time and Christmas is coming!

Apply here: Merch By Amazon

Sell your own private label products on Amazon FBA

Amazon FBA

Amazon FBA

In 2021, the best way to make money on Amazon is still selling private label products through Amazon’s Fulfillment-by-Amazon program(or FBA).

Private labeling is a process of making a pre-existing item (preferably with product enhancements), putting your brand and logos on it, and selling it to consumers.

This process is sometimes referred to as “white labeling” or “brand building.” (This process has been around for years and is common in countless retail stores.)

With Amazon Prime, Amazon can deliver your products to customers in two days, a system that has given Amazon a better reputation and increased customer loyalty.

If you want to start FBA, here is the effective process you need to follow to be successful in your business on Amazon:

1. First, you can use a Chrome extension like Jungle Scout to analyze your competitors and select the right products to label.
2. Find and select reputable suppliers especially in China on sites like Alibaba or Taobao.
3. Send your products to the Amazon warehouses and once they are there, you can start selling them.

How much money can I make selling private label products on Amazon?

About $625 to $1,875 per month per product.
Keep in mind that most sellers on Amazon sell products that generate 100-300 sales per month. The average third-party product sells for $25 with a 25% gross profit margin. That’s between $625 and $1,875 per month per product.

Apply here: Fulfillment by Amazon

Sell wholesale goods on Amazon

Similar to private label brands, wholesaling involves buying large quantities of products to sell using Amazon’s FBA network.

The main difference, however, is that you are selling the products of other companies. This means you don’t have to worry about manufacturing and branding the products.

For many sellers, this is one of the most popular ways to make money on Amazon.

How much money can I make selling wholesale products on Amazon?
Up to 3,000 to 4,000 Euros per month.

Although wholesaling on Amazon has become notoriously more difficult in recent years, it’s still a great way to make money.

But I would argue that it’s not as scalable as private label products…

Also, it’s much more competitive. You won’t be the only one selling these products on Amazon. So it can sometimes be a “race to the bottom” in terms of price, where the only “leverage” sellers have to compete is to lower their price relative to their competitors.

Moreover, the profit is all in the purchase. If you can’t buy your products at a low enough price, you won’t make any money.

Yet you could potentially make a few thousand a month as a wholesale seller on Amazon.

Participate in the Mechanical Turk program

Amazon Mechanical Turk

Amazon Mechanical Turk

Amazon Mechanical Turk (MTurk) is a crowdsourcing marketplace.

Amazon has a fun little program called “Mechanical Turk“. Whether it’s data validation, research, or survey participation, MTurk functions as a hub for outsourced tasks.

While the name may imply artificial intelligence, Mechanical Turk is actually the combined efforts of hundreds (and thousands) of remote workers like you.

How much money can I make on Amazon with the Mechanical Turk program?
About 120 to 200 dollars for a 20-hour work week.
The Mechanical Turk program requires strictly no skills, unlike some of Amazon’s programs, so it doesn’t pay very well.

Nevertheless, online reports indicate that Mechanical Turk workers can still expect to earn between 6 and 10 dollars per hour.

How can I learn how to make money on Amazon with the Mechanical Turk program?
Just like with jobs and the Flex program, the best place to learn more about Amazon’s Mechanical Turk program is Amazon itself: Amazon Mechanical Turk.

Apply here: Amazon Mechanical Turk

Conclusion:

making money online is not an easy thing to do, it requires a lot of techniques and knowledge and above all a lot of patience.
As a beginner, knowing where to start is not always easy. But don’t worry, the experts at skillsidea.com are here to help you. We explain each step in detail through informative pages. With the credible possibilities we’ve found on the net and after reading our articles, you’ll have everything you need to get started.

With the current circumstances and the ever increasing unemployment rate, many people see “working online from home” as a way to earn money to support themselves and their families.

Many people are interested in several methods of making money online and among these methods is “how to make money on Amazon“.

Below are some questions asked on search engines such as google and pinterest:

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All these questions are legitimate and every person deserves to receive accurate answers, but only a small percentage of people succeed in building a real business on the internet because most of them do not have the five essential qualities to succeed in the online business. These qualities are listed below:

Motivation:

you must always believe in yourself. Whatever your personality (or your skills), you can do it and get something to improve your daily life. So, first of all, be ambitious and stay motivated!

Lucidity:

don’t expect to make “crazy money” without any effort. There are dozens of money-making techniques, but unfortunately no miracle solution.

Perseverance:

in general, this quality will pay off in the end, because your financial comfort will be achieved over time. You will never earn a lot overnight. It will happen gradually, in several stages. Isn’t it said that “everything comes to those who wait”?

Curiosity:

get the information you need. This way, you will know which offers are the most profitable. Our guide and many other sources of information on the web, such as the ODC blog for example, will direct you to those you should not miss.

Vigilance:

this quality is a perfect complement to the previous one. Avoid scams that can make you lose time, or worse, all your savings…

Can you really make money on the Internet?

If you are asking yourself this legitimate question like many of our readers, here is the answer: it’s a big yes. We regularly give you new proof by adding more and more explanatory content on this site. In fact, to be sure, we recommend that you browse through skillsidea.com using the main menu at the top of the pages (when you have some time to spare).

To be able to earn money on amazon, take a look at the ways listed in this article; they are accessible regardless of your internet profile. They are real and legitimate methods.

 

 

 

 

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