Thursday 30 June 2016

How To Make Money From Amazon (Part 1)


Let's face it, Amazon is brilliant at making it incredibly easy for you to make a purchase. This is especially true with their one-click purchasing via their mobile app, and their tempting free shipping offers. Wouldn't it be nice, for a change, if you could figure out how to make them pay you on a regular basis? Here are six ways to make the online retail giant do just that.

1. Join the Amazon Affiliate Program

If you own a website, blog, or even moderate a discussion group, you have the opportunity to join the Amazon Associates program and earn revenue by directing visitors to Amazon products. Depending on the product, you'll earn anywhere from 4%–10% if the click results in a qualifying sale. It works by Amazon giving you a unique referral url that you post on your site or blog. Then when someone clicks on the embedded url, the referral is tracked, and results in you getting paid if it ends in a purchase.
As with any affiliate program, your mileage will vary depending on how "ready to buy" the people you send to Amazon actually are. The key is to provide value on your site or blog and a reason to make a purchase. For example, if you run a blog dedicated to photography, start by doing a weekly in-depth product review of new digital cameras and accessories and include Amazon referral links in your review. The review should always be an honest assessment and provide content that is better than anything else on the subject. If you oversell, or come off as fake and commercialized, your readers will see right through the facade and click elsewhere.

2. Sell Items on Amazon "Handmade"

The braintrust at Amazon recently launched Amazon Handmade, a service that allows you to sell your handmade wares to the Amazon audience. Currently, for a 12% referral fee, you can sell your handmade jewelry, home products (artwork, baby bedding, bath, bedding, furniture, home décor, kitchen & dining, lighting, patio, lawn & garden, storage & organization), party supplies and stationery on their platform. While Amazon hopes this new service will eventually become an Etsy killer, it currently offers artisan sellers a large number of potential buyers for a reasonable cost. If production capabilities have you concerned, don't fret, as you can set your own production time (up to 30 days) on every product you make. Also, it's worth noting that product UPCs and professional photos are not required to get started.


1 comment:

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