Whether you’re exploring the world of making money online through selling digital and physical products or dropshipping, Amazon offers individuals numerous opportunities to earn money online.

Amazon is the biggest online marketplace globally, Amazon connects sellers to a massive 300 million customers across the globe.

So, if you’re contemplating on what your next online venture will be, why not consider amazon kdp,  you can do this as a part-time, or even a full-time online hustle. It is a worthy and lucrative online venture.

There’s a whole bunch of ways you can rake in money on Amazon, even if you’re not selling any specific product. It doesn’t matter what skills or resources you’ve got in your back pocket;

Amazon has got your back when it comes to generating some extra income. In this article I will be focusing on different options of how to make money on Amazon, let me share some ways Amazon can be your money-making partner.

Five (5) Ways To Make Money on Amazon

Amazon, since its establishment in 1994, has managed to amass a whopping $344 billion in gross market value on the global online marketplace.

It stands head and shoulders above all other e-commerce platforms, reaping the highest profits. In fact, in 2017, sales on the Amazon Marketplace contributed to about 20% of the total retail e-commerce sales.

When it comes to online shopping platforms, there are various options to explore, but none come close to rivalling Amazon. It is undeniably the largest and most adaptable choice, whether you’re a seller looking to make profits or an individual seeking income opportunities through products and services.

One of Amazon’s key strengths lies in the trust it has built with its customers, which is truly admirable. A staggering 89% of US customers prefer to purchase products from Amazon over any other e-commerce site.

Throughout its relatively long existence as an online marketplace, Amazon has established itself as the gold standard for creating a sense of trust and fostering lasting loyalty among its customer base.

If you are in search of a reliable means to make money online, Amazon undoubtedly presents a promising and viable option for you. Do you want to know how to make money on Amazon? I have listed below; five options you can explore.

1. Earn Affiliate Commission with Amazon

One fantastic way to generate substantial income on Amazon without having to sell products yourself is by becoming an Amazon affiliate. The Amazon affiliate program holds a prominent position in the world of money-making opportunities on this platform.

If you have a list of audience, be it through a website, blog, or perhaps social media, you possess the potential to earn money as an Amazon affiliate. The process is simple: you just need to recommend products from Amazon that align with the interests of your audience.

Whenever your audience follows the affiliate link you provided and completes a purchase, you receive a commission. Typically, this commission ranges from 4% to 10% of the product’s price, benefiting you as an Amazon affiliate.

Joining the Amazon affiliate program is incredibly straightforward, and it has the potential to be highly rewarding.

Steps on How to get started with the amazon affiliate program 

Step 1: Sign up for the Amazon Associates Program – Head over to the Amazon Associates website and create a free account. They’ll ask for some basic info about yourself and your platform where you’ll be promoting Amazon products.

Step 2: Pick Your Niche – Find a specific niche or product category that matches your passions, knowledge, and what your audience is into. Targeting a niche allows you to connect with a more focused audience.

Step 3: Build Your Website or Blog – If you don’t already have one, set up a website or blog that revolves around your chosen niche. This will be your main focus for promoting Amazon products and sharing valuable content.

Step 4: Create Captivating Contents – Regularly publish engaging and informative content related to your niche. Think product reviews, buying guides, comparisons, or any other useful stuff that your readers will love.

Step 5:  Affiliate Links – As an Amazon affiliate, you get special affiliate links for the products you want to promote. Integrate these links naturally into your content, so when your readers click and buy, you earn a commission.

Step 6: Drive Traffic to Your Site – Attract visitors to your website using different tactics like SEO, social media, email marketing, and collaborating with other websites or influencers in your niche.

For more tips on how to make money on Amazon as an affiliate marketer, check our previous blog post on Amazon Affiliate Complete Guide: How to Get Started and Make Money

2. Make Money Via Dropshipping

Dropshipping is a sales pattern where goods are sold from a supplier’s store directly to the customer without the need for the seller to hold inventory. It is a popular approach in e-commerce due to its low investment and limited risk. Amazon, being a leading e-commerce platform with lots of products and efficient delivery service, is a popular choice for drop shipping.

To start dropshipping on Amazon, you need to follow these steps:

1. Find the products to sell by researching market demand and checking if the products already exist on Amazon.

2. Create your online store using platforms like Amazon itself, or Shopify, with Amazon providing better search engine ranking.

3. Focus on making your first sale by selecting products that match your target audience and have proven success.

4. Open an account with Amazon and explore various services such as FBA (Fulfillment by Amazon), KDP (Kindle Direct Publishing), and affiliation to maximize returns on investment.

3. Amazon Merch

 Amazon Merch is a print-on-demand service provided by Amazon that is specially made for designers and creators looking to sell their custom-designed apparel. Think T-shirts, hoodies, and all sorts of cool merchandise, right on the Amazon platform!

Here’s how it works: Designers simply upload their awesome artwork or designs onto the Amazon Merch platform. Then, whenever customers place orders, Amazon takes care of all the printing on-demand.

It’s a relief for the creators because they don’t have to deal with storing, production, or shipping issues. Amazon handles all of that, leaving the creators with more time to focus on their creative activities.

The best part is that designers earn royalties from the sales of their designs. So, they can do what they love, get paid for it, and not have to worry about all the backend stuff.

Now, getting into Amazon Merch is by invitation only, not open to everyone right away. But once designers get in, they can create their own product listings, set prices, and personalize their storefronts to match their style.

They even get to use Amazon’s marketing tools to reach a broader audience, which is super handy for growing their brand.

It’s no wonder Amazon Merch has become so popular among artists, graphic designers, and content creators. It’s a fantastic way to turn their creativity into cash without taking big risks. Plus, with the vast Amazon marketplace, they can reach a massive customer base and make their designs known worldwide!

4. Amazon Mechanical Turk

Amazon Mechanical Turk, or MTurk, is a fantastic crowdsourcing marketplace that simplifies the process of outsourcing tasks to a distributed virtual workforce. It caters to both individuals and businesses looking to delegate various processes and jobs.

These tasks can range from straightforward data validation and research to more subjective undertakings like survey participation and content moderation, among others.

MTurk essentially empowers companies to tap into the collective intelligence and skills of a global workforce, enabling them to streamline their business processes, enhance data collection and analysis, and expedite the development of machine learning.

Traditionally, hiring a sizable temporary workforce has been the go-to approach for handling such tasks. However, this method is time-consuming, expensive, and difficult to scale.

As an alternative, crowdsourcing provides an excellent solution by breaking down these labour-intensive projects into smaller, more manageable tasks known as “microtasks.” These microtasks can then be efficiently completed by a distributed workforce over the Internet.

Although technology continues to advance, there remain numerous tasks that humans excel at more than computers. Tasks like content moderation, data deduplication, and research, for instance, are areas where human capabilities shine.

5. Earn Unlimited Royalty With Amazon KDP Program

Amazon Kindle Direct Publishing is the platform on Amazon that caters for book publishers, as an independent writer you can earn massively through this Amazon program.

To some extent, you don’t have to be a writer to make money from this platform as there are various other categories and models of books you can publish on the Amazon Kdp platform. As a non-writer, you can publish in the following categories:

• Low-content activity books
• Low content notebooks 
• Summary books 
• Trending models 
• Evergreen models
• best seller modelling

Steps Of Publishing Books On Amazon Kdp 

Publishing a book on Amazon Kindle Direct Publishing (KDP) involves lots of easy-to-understand steps. Here’s a step-by-step guide to publishing your book on Amazon KDP:

1. Prepare your manuscript: Ensure your book is complete and properly formatted in a word processing software like Microsoft Word. Follow the formatting guidelines for KDP to create a clean and professional-looking document.

For a paperback (printable copies) your manuscript should be in pdf format and for ebook, your manuscript should be in epub format.

2. Create a Kindle Direct Publishing account: If you don’t have an account already, go to the Amazon KDP website (kdp.amazon.com) and click on “Sign up.” Follow the instructions to create your account.

3. Book details and metadata: Once logged in, click on “Create a Kindle eBook.” You’ll be taken to a page where you’ll enter your book’s details, including the title, author name, book description, and keywords. Choose relevant categories to help readers find your book easily.

4. ISBN (optional): You can assign an International Standard Book Number (ISBN) to your eBook, but it’s not mandatory for KDP publishing. Amazon will automatically assign a unique ASIN (Amazon Standard Identification Number) to your eBook.

5. Upload your manuscript: On the “Kindle eBook content” page, you can upload your prepared manuscript file (usually in epub for e-book, or pdf format for paperback). Double-check that the formatting appears as intended in the online previewer.

6. Cover design: Design an attractive cover for your eBook. You can use Amazon’s cover creator tool or upload a professionally designed cover in JPEG for ebook format and pdf for paperback format. Ensure the cover meets the size and quality requirements specified by Amazon, to know the size visit amazon kdp book cover calculator. 

7. Kindle eBook Preview: Use the “Online Previewer” to review your eBook and check for any formatting errors. Pay attention to the way your content displays on various devices.

8. Rights and Pricing: Decide on the territories where you hold the distribution rights and set the price for your eBook.

You can choose between the 35% royalty option or the 70% royalty option (depending on the price and distribution choices).

You can publish your book to all territories aside from summary books which should be published only in the United States of America.

9. Kindle Select (optional): If you’re interested in additional promotional opportunities, you can enrol your eBook in Kindle Select, which makes it exclusive to Amazon for a specific period. However, this is entirely optional.

10. Publish Your Kindle eBook: Once you’ve completed all the necessary steps, click on the “Publish Your Kindle eBook” button to make your eBook available on Amazon.

11. Review and Monitor Sales: After publishing, your eBook will be available for purchase on Amazon. You can track your sales and monitor your book’s performance through your KDP dashboard.

Note that publishing times may vary, but your eBook should typically be available on Amazon within 24-48 hours after you’ve completed the publishing process. Congratulations, you’re now a published author on Amazon KDP!

Conclusion

Making money and achieving financial success on Amazon is feasible and can pave the way for financial freedom with the right mindset and readiness.

These are wonderful money-making business opportunities that do not require you to work 24 hours, also there are various money-making opportunities on the platform.