If you’re in the process of trying to leave your 9-to-5 job to become an entrepreneur, you might be considering different ways to earn income on the side. Amazon offers several ways for individuals to earn extra money by working from home. If you’re looking for your next side hustle, consider one of the following methods.
Become an Amazon FBA seller
As an Amazon FBA seller, you sell the products but Amazon stores, packs, and ships the products. Amazon will even provide customer service if something should happen to the shipped product. As an FBA seller, you’re responsible for creating your own inventory. Most FBA sellers import products in bulk to sell. It does require careful research before you import a product, because you’ll want to check out your competition and see if there is a need for that product. You don’t want to purchase a bulk order of something and then realize there is no resale value.
If done correctly, selling products through Amazon can have you bringing in the money. Some people can make a living off of selling on Amazon. But there is a certain gamble with selling on Amazon. You can never know for sure which products will and won’t sell.
If you’re interested in becoming an Amazon FBA seller, do your research and talk to other sellers. You may even want to consider taking an online course, such as the Amazing Selling Machine (ASM) course, to learn how to maximize your earnings as a seller. Check out this ASM review to learn about all the benefits of taking a course.
Use affiliate links
If you run a successful blog, have a website, or are a social media influencer, consider becoming an Amazon affiliate through the Amazon Associates program. This program allows you to earn a passive income by simply linking to products.
The program is free to sign up for. After you sign up, you gain access to affiliate links that you can use on. When people click on the link and buy a product through Amazon, you earn a percentage of the sales. The percentage is rather low – only up to 10% – so you’re not likely to earn a full income this way, but it can help you earn some extra money on the side.
The trick to successfully become an Amazon affiliate is to advertise products that align with your personal brand. For example, if you’re running a mommy blog, you’ll want to advertise children’s products and toys because those are the products your readers are going to be most interested in. Readers aren’t going to be interested in purchasing a grill when they’re looking for tips on how to help a sick child.
Sell your own products or services
If you’re a creative individual, you can sell your products through Amazon. If you’re into crafts and handmade items, consider joining Amazon Marketplace. You’ll list your products and they’ll be marketed through Amazon. Amazon does charge a 15% commission fee, but you’ll be able to reach a range of customers through their services.
If you’re a writer or if you have industry knowledge, consider self-publishing a book through Amazon. Self-publishing on Amazon is easier than going through a publishing company. You don’t need to be the next Stephen King to earn money. As long as you can write coherently, you can get something published through Amazon. If you’ve ever looked through the ebooks offered through Kindle Unlimited, you’ll see there is a wide range of authors publishing through Amazon. It is free to publish both digital and physical books through Kindle Direct Publishing. While a portion of the sales will go to Amazon, you can earn up to 60% of the profits.
Finally, if you have graphic design knowledge, you can sell designs through Amazon Merch. Designers and other folks that are looking to make merchandise regularly check out Amazon Merch to see if there are any cool designs. If someone likes your design, they’ll buy it from you so that they can put in on merchandise such as t-shirts or hoodies. You’ll be up against other designers, so there is no guarantee someone will purchase your designs.
Getting your side hustle on through Amazon can be hit or miss, but if you’re a skilled individual and you do your research, you might be able to get one of the above methods to work for you. You’re not likely to get rich quick with any of the above methods, but it could provide you with some extra income.
Also read, How to sell things on Amazon