HOW TO MAKE MONEY ON AMAZON
There are numerous ways to earn money online, especial on Amazon, therefore to help you in determining which approach may be right for you, we made this post on how to make money on amazon and we hope that with us you will be able to understand and start earning.
But before we get started, lets see more about amazon
AMAZON
Amazon.com, Inc. is a multinational technology business based in the United States. It specializes in e-commerce, cloud computing, digital streaming, and artificial intelligence. It has been described as “one of the world’s most influential economic and cultural forces,” and it is one of the world’s most valuable brands.
Amazon is more than just the largest online marketplace in the world. It is also a massive eCommerce company that is continually churning out new products, services, and initiatives. The platform’s objectives are all geared at earning revenue.
How to make money on amazon
There are many ways to earn money on amazon and it is simple
1. Sell through Fulfilment by Amazon
Amazon Fulfillment (FBA) is a service that allows businesses to outsource order fulfillment to Amazon. Businesses ship products to Amazon fulfillment centers. Amazon pick, pack, and ship the order when a customer makes a purchase. For those orders, they can also provide customer assistance and process returns.
How FBA works
Step 1: Set up FBA
Create your Amazon selling account, and login to Seller Central to set up FBA.
Step 2: Create product listings
Once you add products to the Amazon catalog, specify FBA inventory.
Step 3: Prepare products
Prepare the products for safe and secure transportation to a fulfillment center, according to Amazon packing guidelines and shipping and routing requirements.
Step 4: Ship products to Amazon
Create a shipping plan, print Amazon shipment ID labels, and send shipments to Amazon fulfillment centers. Learn more about sending inventory to Amazon.
2. Publish Your Book on kindle direct publishing
Kindle Direct Publishing allows you to freely publish your book for free and reach millions of Kindle and Kindle app readers around the world.
If you want to earn money through kindle direct publishing, you must be a talented writer. While some of your books may become best-sellers, you must still publish a large number of books. Furthermore, because you do not have a traditional publisher, you are responsible for efficiently marketing your publications.
3. Resell products through retail arbitrage
Retail arbitrage is the process of purchasing goods from local stores and then reselling it on Amazon for a profit.
Retail arbitrage is simply the purchase of low-cost products from retail shops. The product will then be resold at a greater price, resulting in a profit. All you have to do is take advantage of clearance deals, discounts, promotions, and coupons, among other things. Although retail arbitrage requires a large amount of work, it is possible to make a significant amount of money by flipping things for profit. It’s also not expensive and simple to start
4. Sell your crafts on Amazon Handmade
Are you skilled in the arts, crafts, or DIY? Amazon Handmade could be a great place to start selling your paintings, jewelry, textiles, or anything else crafty.
Amazon Handmade is an invitation-only program that enables craftsmen to create and market their own products on the Amazon marketplace.
Since you would be creating the orders yourself, it is obvious that this method requires a little more effort to keep up with your orders. However, Amazon gives your brand tremendous exposure.
Your unique products can be found by a huge audience with the help of Amazon Handmade.
5. Sell your Services on Amazon
The majority of people are unaware that Amazon is more than just an online store for material goods. Through Amazon Services, you can also sell expert services.
If you work as a pro in any field, you can offer your services to local customers in the store. Simply register as a seller, set up your storefront, and list your service details and costs.
Start earning now
There are so many ways to make money on amazon like those we explained above and a lot more like:
*Amazon associate: Promote Amazon products on your website to earn referral fees of up to 15%.
*Sell your Android apps on the Amazon Appstore
*Sell your HTML5 apps and mobile-optimized websites via Amazon Web Appstore, which is available in approximately 200 countries across the world.
and if there are more ways you know on how to make money on amazon, please share them with us in comment below
