It goes without saying that Amazon is a highly useful website for buyers. But what’s less commonly recognized is how simple it is to make money there, and not just as a seller.
Selling is undoubtedly one of the most popular methods to earn money on Amazon, and the advice we’ve provided here will help you maximize your earnings as a seller. However, that is not your only choice. In fact, you might use the website to create a passive income that would allow you to make money while you sleep.
In the sections below, you can find information on how to sell on Amazon as well as our ranking of the best ways to make money from the website (both with and without selling).
The top strategies to generate cash on Amazon in 2022 are covered in this post to help you narrow down your options and determine which one would be the most effective for you.
Let’s start now!
1. Offer things under your own private label on Amazon
In 2022, leveraging Amazon’s Fulfillment by Amazon (FBA) network for private label sales will continue to be the greatest way to profit on the site. The majority of Amazon sellers (approximately 67%) employ the private label approach.
Making a pre-existing product under your own brand, adding your branding and logos to it, and then selling it to customers is known as private labeling. It’s also known as white labeling or brand building at times.
2. Sell used items on Amazon
Uncertain about what to sell on Amazon to generate revenue? Look through your old possessions; chances are you’ll find a ton of things you no longer need that you may sell online.
In some ways, antiques might be among the best things to sell on Amazon.
It also means you can avoid paying for the expenditures of manufacturing or buying things to sell in favor of just making money from the things you already own. This is significant because it ensures that your used items find a decent home rather than end up in a landfill.
3. Create a blog
Ever wished you could publish your thoughts in some other form, share recipes or how-to videos, or start a lifestyle blog? You can make money while doing it through Amazon.com!
Consider this You find a great product on Amazon, send your friends the link, and you will get paid if they decide to buy it. When you share that link on your blog (or social networking page, or even in an email), it reaches a lot more people, increasing your chance to make commissions.
This is how the Amazon Associates programme works. When you sign up for the Amazon Associates affiliate programme, you get special links that are just for your own use.
4. Commence affiliate marketing
Joining the affiliate marketing programme on Amazon is arguably the best method to earn money there without selling anything.
Sharing product links online through affiliate marketing can place on websites like social media and blogs. Then, if others make purchases through those links, you will be able to profit from the sales without charging the customer anything extra.
Or, if your social media platforms have a sizable following, you might want to think about applying to be an Amazon influencer. You would still be marketing products and earning money from sales in this scenario, but you would have access to your own Amazon website where you could pick and choose which products to advertise.
5. Publish Kindle books
Publishing ebooks is a fun way to earn additional money if you enjoy writing. Some genres, like romance or fan fiction, are perfectly suited to Kindle publishing. However, it takes more than just penning a narrative and posting it online.
Without a solid marketing strategy, no one will ever find your ebook, thus you need to be equally adept at marketing and writing. But the rewards might be even bigger than with traditional publishing if you persevere, are talented, and gain a following.
6. Sell handmade goods on Amazon
Do you have artistic or DIY talent? A great place to start selling your crafts, such as jewelry, textiles, and other works of art, is Amazon Handmade.
While this might be a fantastic alternative for you, it’s important to compare the seller fees for Amazon Handmade with those for Etsy (you can discover them here). We advise performing the math to see whether you would be making more or less money per item there, depending on elements like the sales price of your goods and the postage and packaging expense.
7. Amazon’s merchandise
You’ve probably had a terrific idea for a t-shirt at least once in your life. If you frequently experience similar epiphanies, you may earn a respectable living by posting your design to Merch by Amazon, where it will be made available for purchase. Amazon will manage the production, ordering, and shipping to the consumer when someone places a purchase, and you will receive a portion of the sales revenue.
The profit you can expect depends on the product as well as how much you charge for it. For instance, a $17.99 tank top will cost you $2.07, while a $21.99 tote bag would cost you $5.35.
8. Trade in gadgets for gift cards
With the Trade-In programme, you may mail in your outdated electronics and get an Amazon gift card in exchange for the trade-in value. Tablets, streaming media players, the Amazon Echo, smartphones, video game consoles, Kindle e-readers, and tablets are among the eligible gadgets.
It costs nothing to do; all you have to do is go to the Trade-In location and choose the item you want to exchange. After you have provided some information regarding the condition of your item (it may still be accepted even if it is broken), Amazon will provide you with an estimate.
9. Perform contract work for Amazon merchants
It might be difficult to sell on Amazon without a lot of labor. Due to this, some sellers may require some assistance with certain areas of their online business; this is where you can help.
You’ll have plenty of abilities that can help you earn money on Amazon even if you’re not eager to sell items yourself, so you might freelance for other merchants.
If you have a skill for photography, for instance, you could offer to take appealing product photographs for vendors. Alternately, if you have a keen eye for detail, you may edit and proofread product descriptions.
It’s a terrific idea that many people utilize Fiverr to promote their freelance services to Amazon retailers.