Unless you have been living in a cave for decades, you might already know what Amazon is and the products and services it offers. Amazon has become a household name for the longest time now, and with the number of products it sells (over 480 million), there’s no wonder why. Amazon has basically come up with the perfect combination of diverse products and services, making it one of the most preferred online selling platforms across the world. But Amazon doesn’t only provide products and services to its consumers; it also provides several avenues for individuals to make money online. This means that instead of spending money buying from Amazon, you can actually use the same website to earn money.
More and more people are choosing to make money online. Aside from its convenience, making money online provides a lot of opportunities for different kinds of people while giving them time to take care of other responsibilities on their plate. And Amazon can be an excellent platform to achieve all of these things. To drive the point home, here are some ways you can make money through Amazon:
- Work as an affiliate: Amazon Affiliate is an affiliate program which allows you to earn up to 10% commission for every product you sell. The process to become an affiliate is simple: you’ll have to sign-up for an affiliate account, pick the niche of products you’d sell, and promote your affiliate link in different online platforms such as blogs and websites. Although the process to become an affiliate is simple, you’ll actually need to exert time and effort to become successful in doing it. Here are some of the ways on how can you start earning commissions from Amazon Affiliate:
- Focus on products which have higher commission rates: In the past, the amount of commission you’ll receive will solely be based on the volume of products you’ll sell. However, Amazon Affiliate doesn’t work this way anymore. Today, the amount of commission you’ll receive will be based on product categories. Determine these categories and focus on the products which have the highest fee rates.
- Research about your niche: There are a lot of products for sale on Amazon. Anyone who’s looking for appliances, devices, and even gift ideas can easily find a product for their needs in the website. This is the reason why as early as possible, you should know which niche will you promote. Pick a niche which suits your interests or skills so you’ll be motivated to continue with your efforts long-term. Plus, promoting a niche which is up your alley can make you sound like an expert, making it easy for you to become a credible seller.
- Use the right keywords: If you want your website to rank high on the search engine results page, pay attention to the possible keywords customers might use while searching for your products. Make sure that these keywords are included in your product description.
- Develop a link building strategy: Aside from using the right keywords, use different link building strategies to improve your SEO efforts. You can consider guest posting and influencer marketing for this purpose. These strategies allow you to tap help from influencers who have a lot of followers. Once these influencers vouch for your products, their followers will be curious and will opt to search for your website or blog online. This kind of exposure can drive more traffic which can lead to more customers.
- Sell your own private label using Amazon’s FBA: If being an affiliate isn’t appealing to you, selling using Fulfillment By Amazon might be a better option. Under this service, you’ll have to have your own products, ship these to an Amazon warehouse and Amazon will take care of the rest. They will handle all of your customers’ orders, pack and ship these and even attend to your customers’ complaints and queries. Since FBA is commonly used by businesses, you have to make sure that your products as an individual stand out so you can attract more customers. Here’s how you can do it:
- Do something unique: Selling a “me too” product will never help you attain the results you’re expecting. Many businesses are using FBA for years and selling a product which is similar to theirs is only a waste of time and effort. If you want to know what customers want, take the time to read through customers’ reviews. A customer who bought a backpack might want one which is in another color or one which is waterproof. Consider these factors and use these for your next product.
- Use the FBA Calculator: If you’re planning to use FBA to make money online, determine how much you can earn by using the FBA calculator. All you have to do is find a product similar to what you’re planning to sell, put a realistic price and click the “calculate” button to see your possible income. You can also try a tool like Amazon sales estimator to estimate monthly monthly sales volume per product
- Pick a sellable product: Since Amazon sells a lot of products, picking which ones to sell can become a struggle. You’ll be placed in a vast sea of options. To narrow down your search, conduct market and keyword research. These will help you determine if your product will have a market once introduced to the public. You can also use other resources such as Journal Review – online business to know what other factors should be considered when picking a product to sell.
- Sell your products at a low price first: Assess how your competitors are pricing their products. Based from what you see, price your own products with the lowest price possible. Since you’re still a neophyte in the market, selling low-priced products can become your leverage to entice customers to purchase early. And as a result, they’ll leave positive reviews on your pages which can become your tool to earn more sales in the long run.
- Earn from your creativity using Merch by Amazon: Merch by Amazon works like Etsy and Zazzle. You’ll upload your own design and use different platforms which can help you promote your products. However, Merch by Amazon is still not open to the public. If you think is the perfect way for you to make money online, you can sign up and request an invitation. In the meantime, you can look for other resources which can help you sell personalized items on Amazon. The tips below might be useful for you too:
- Research on your t-shirt niche: Personalized items will give you the liberty to design shirts the way you want it. You’ll never have any limitations on what you can and can’t do. However, providing a lot of products when you’re still starting can be difficult to sustain. The better option is to research on your t-shirt niche and focus on producing these kinds of products. The more specific your niche is, the easier it’ll be to determine who your target audience is and what their needs are.
- Use optimized colors for your shirts: All of your personalized designs will be useless if none of these are visible once printed on the shirts. No one can possibly appreciate a black shirt which has black fonts all over, right? Make your designs compatible with the shirts you’re using in order to increase your chances of getting a sale. If you can, study different strategies of color combination and don’t be afraid to experiment as well.
- Feature keywords on your product description: Put yourself on the customer’s’ shoes and think what keywords they will use to look for your products. Place these keywords in your product description. The simpler these keywords are, the easier it’ll be for customers to search for your products.
- Get the right designer: If you’re not inclined in doing your personalized designs on your own, you can scout for designers from several freelancing platforms such as Upwork. During this process, provide as many details in your project description. If you’re planning to hire a designer long-term, indicate the qualifications and perks they can receive.
Your Hard Work Counts
Making money has never become easier and faster. With the advent of technology, you don’t need to have a full-time job in order to pay your bills or financially support yourself or your family. With different avenues to make money online namely Amazon’s varied services and programs, you’ll be able to maintain a healthy bank account in the comforts of your own home. You just have to make sure that you’re also exerting time and effort to make money online, and not depend everything in Amazon’s brand.
