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9 Ways To Make Money On Amazon For Beginners

Published on: December 9 2022 by MyWifeQuitHerJob Ecommerce Channel

Amazon is a leading online retailer that offers many opportunities for individuals to make money. Whether you're looking to start a side hustle or turn it into a full-time business, there are several ways you can make money on Amazon. In this article, we will discuss nine ways to make money on Amazon for beginners.

1. Sell products on Amazon:

Amazon allows individuals to sell products on their platform. You can either sell your own products or buy wholesale products to sell. You can set your own prices and Amazon will take care of the shipping and customer service.

2. Become an affiliate:

Amazon has an affiliate program that allows you to earn commissions by promoting their products. You can share product links on your website, social media, or through email marketing. When someone makes a purchase through your link, you earn a commission.

3. Write and publish an eBook:

Amazon allows individuals to publish eBooks on their Kindle platform. You can write and publish your own eBook and earn royalties from sales. You can also hire a ghostwriter to write the eBook for you.

4. Create and sell courses:

If you have expertise in a particular area, you can create and sell courses on Amazon. You can create courses on Udemy and sell them on Amazon. You can also create courses on Amazon's KDP platform.

5. Sell handmade products:

If you're skilled in crafting, you can sell handmade products on Amazon's Handmade platform. You can sell jewelry, clothing, home decor, and more. You'll need to apply to sell on the platform and meet certain criteria.

6. Provide services on Amazon:

Amazon has a platform called Amazon Services that allows you to offer services to customers. You can offer services such as house cleaning, lawn care, and pet care.

7. Publish audiobooks:

If you have a book, you can publish an audiobook on Amazon's ACX platform. You can narrate the book yourself or hire a narrator. You'll earn royalties from sales.

8. Buy and sell domain names:

Amazon has a platform called Route 53 that allows you to buy and sell domain names. You can buy domain names and sell them for a profit.

9. Participate in Amazon Mechanical Turk:

Amazon Mechanical Turk is a platform that allows you to complete small tasks for pay. You can complete tasks such as data entry, surveys, and research.

Making money on Amazon is possible with a little effort and creativity. You can start small and gradually increase your income over time. By exploring the different ways to make money on Amazon, you can find the best fit for your skills and interests.

9 Ways To Make Money On Amazon For Beginners

In this video, the presenter discusses nine different ways to make money on Amazon. The business models are evaluated based on their difficulty to start, revenue potential, and startup costs. The models are listed in order from lowest to highest money-making potential. The nine ways are:

1. Amazon Mechanical Turk

2. Amazon Associates Affiliate Program

3. Merch by Amazon

4. Amazon Kindle Direct Publishing (KDP)

5. Amazon Drop Shipping

6. Retail Arbitrage and Online Arbitrage

7. Selling Wholesale on Amazon

8. Private Label Products

The presenter explains each business model in detail and provides ratings for each one based on their criteria. Private Label Products are rated as the best and most lucrative way to make money on Amazon. The presenter suggests that choosing the best business model for an individual will depend on their budget, talents, and the amount of time they are willing to invest. The more money and time invested in a side hustle, the more money one can make.

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