Selling on Amazon is just 1 of the ways to make money there...
So, why would you try making money with Amazon and how do you go about it? I'll get to that very shortly, but first some important facts about selling on Amazon (drumroll please):
Amazon has a ready-made massive marketplace plus a very important ingredient. Trust. Lots (and I mean LOTS) of people confidently shop on Amazon for pretty much everything. And they will often choose Amazon when they do their online shopping, rather than search on the web in general for what they are looking for. 'So what' you may ask?
Well, this gives you an incredible opportunity because the audience is already there for you and the trust is there. Two major hurdles crossed before you even start!
I like the fact that other shoppers like me post their reviews on Amazon so you can really find out whether the product you want is worth getting.
Amazon has a ready-made massive marketplace plus a very important ingredient. Trust. Lots (and I mean LOTS) of people confidently shop on Amazon for pretty much everything. And they will often choose Amazon when they do their online shopping, rather than search on the web in general for what they are looking for. 'So what' you may ask?
Well, this gives you an incredible opportunity because the audience is already there for you and the trust is there. Two major hurdles crossed before you even start!
I like the fact that other shoppers like me post their reviews on Amazon so you can really find out whether the product you want is worth getting.
Sell your own products - or other people's with the Amazon affiliate program - to start making money on Amazon?
Did you know that there are 2 completely different ways you can earn with Amazon? Well, here they are:
The first method, selling on Amazon, is easier in some ways because you are simply using Amazon as your shop window, and selling products on there that you are perhaps already selling in other places.
However, something to bear in mind is that you have all the work and expense of sourcing products or making them, sending them to customers and dealing with problems that can arise when dealing with the general public.
You may find this wholesale source list useful if you want to source reliable products at the wholesale price.
This step-by-step guide shows you exactly how to make a lot of money selling on Amazon.
- You can become a seller on Amazon and sell your goods/products and take advantage of the fact that millions of people will be able to see your items on Amazon's site.
- You can join the Amazon affiliate program and become an Amazon affiliate and promote any products that Amazon sell on their site and make a commission for every sale made via you.
The first method, selling on Amazon, is easier in some ways because you are simply using Amazon as your shop window, and selling products on there that you are perhaps already selling in other places.
However, something to bear in mind is that you have all the work and expense of sourcing products or making them, sending them to customers and dealing with problems that can arise when dealing with the general public.
You may find this wholesale source list useful if you want to source reliable products at the wholesale price.
This step-by-step guide shows you exactly how to make a lot of money selling on Amazon.
Making money with Amazon as an affiliate. The 2 main advantages of selling on Amazon - but with other people's products!
- The second method (joining the Amazon affiliate program) can really free you up, because you have no products to source and buy up front so your costs are much lower.
- And you don't have to send products out to customers either.
What you DO have to do is send traffic to items on Amazon via a coded link that you will get on Amazon in your affiliates section.
You can also create what is called an A-Store which is like a mini-website filled with products you hand-pick on Amazon.
Also you can create various different Widgets which contain your chosen products.
This is ideal if you already have a website or blog where you can put the widget.
The interesting part of Amazon's affiliate program is this: although their basic commission is low compared to other programs, it is structured so that it increases based on how many items you sell in a month.
PLUS (and this is the best bit) if someone clicks on your affiliate link to buy a CD on Amazon, but then they end up browsing around (like you do) and buying a whole lot of other stuff, and spending lots of money, you get commission on all of that! Powerful stuff!
So, that's how to start making money with Amazon - but they are not the only company you can be an affiliate with by any means. I have a whole page about this system of making money online called affiliate marketing here if you'd like to learn more.
So, that's how to start making money with Amazon - but they are not the only company you can be an affiliate with by any means. I have a whole page about this system of making money online called affiliate marketing here if you'd like to learn more.