How to Make Money On Amazon
Amazon.com is the premiere online site for buying all kinds of products. If you want to learn how to make money on amazon, this is the right place. Amazon.com carries brand name electronics, books, home & garden supplies, automotive, music downloads, and much more. Amazon.com is truly your one-stop shopping website. It is rivaled by competitor sites such as eBay and Buy.com.
Amazon.com is not an auction site like eBay. This is one of the reasons Amazon is superior to eBay. Shoppers searching for a product can purchase their product immediately unlike on eBay where many items that are listed are in an auction style format.
How to Make Money on Amazon: Sell Anything You Want
One of the nice things about Amazon.com is you can sell literally anything you want! In this regards, it is very similar to eBay and this is one reason to learn how to make money on Amazon. Amazon.com does have some distinct advantages. The biggest advantage is their fees.
eBay has a fee for just about everything. eBay has listing fees, final value fees, shipping fees, design fees, and many more. If you are selling products on eBay, it is likely that the seller has to raise their price just to make a profit on their item. This was true for myself before I switched from eBay to Amazon. Amazon.com does have a fee. Amazon.com’s only fee is their final value fee. This fee is assessed after the item is sold. Amazon.com just like eBay will take a percentage of your sale to cover their costs. Sellers on Amazon.com can offer their products at a lower cost because of the smaller fee schedule.
Shipping is another reason Amazon.com is preferred over eBay. Many of the items purchased on Amazon.com come with FREE shipping. Sellers on eBay pass shipping costs onto their customers. Sometimes, the shipping costs on eBay are inflated to compensate for the high number of fees. I was guilty for increasing my shipping costs to make up for the money I lost in eBay fees.
This is just one idea on how to make money on amazon. If you have a product to sell, then Amazon.com is the place to sell it. Amazon.com is a platform that has millions of visitors a day. Could you afford to not have over a million customer visit your store a day?
How to Make Money on Amazon: Join the Associates Program
This next section on how to make money on Amazon is about Amazon.com’s Associates program. Amazon.com’s associates program is an affiliate program. What is an affiliate program? To keep things simple, an affiliate program is program that allows other companies, or individuals (like you), to market a company’s products or services for a commission fee per item sold. Basically, you are going to promote products that are being sold on Amazon.com and get paid for driving customers to Amazon who make a purchase.
How do you do you join the Amazon Associates Program?
It is relatively easy to do. First you need to sign up for an Associates account on Amazon.com. Find a product to promote (one that people want or need but isn’t highly competitive). Promote through a varieties of ways like PPC, article marketing, SEO, blogging, classified ads, and squidoo marketing. The customers then purchase the product through your affiliate link and then you get paid.
Learning how to make money on amazon is worth the investment. You can market any product at any time and make money while you are doing other things. They even have software programs available to help with choosing the right product to market, where to market the product, and how to market the product. If you are serious about becoming an Amazon Associate, and want to learn how to make money on amazon these software programs will streamline the research process. I know they both have helped me tremendously.