Amazon is a popular place for online shopping, offering almost every product you can think of. There are various ways to save money on Amazon, like getting free shipping, utilizing Amazon Prime and Amazon Mom deals, or using the Amazon Rewards card. But did you know you can also make money on Amazon? Here are five great strategies to help you do just that.
1. SELL YOUR PERSONAL ITEMS ONLINE
You can turn clothes, shoes, toys, books, electronics, and other personal items into cash by selling them on Amazon. It’s a competitive market, but the potential to reach a large audience is huge. To be successful, you need high-quality photos and the right keywords to attract buyers. For some products, Amazon even provides professional photos. Keep in mind that Amazon charges $0.99 per item sold, so include this in your pricing. If you plan to sell more than 40 items a month, it might be worth upgrading to a seller’s account, which we’ll discuss next.
2. BECOME A THIRD-PARTY SELLER
If you want to turn casual sales into a business, upgrade to an Amazon Seller account for $39.99 a month. Lots of people make a good living by reselling thrift store finds or similar items on Amazon. If you’re serious about being a professional seller, consider using Amazon’s Fulfillment by Amazon (FBA) service. FBA picks up, stores, and ships your products, saving you a lot of time and effort if you have many items to sell each month.
3. BECOME AN AMAZON AFFILIATE
If selling isn’t your thing, you can still make money as an Amazon Affiliate. Promote items on your blog, website, or online group, and earn a 4-10% commission for every sale you direct to Amazon.
4. EARN BY COMPLETING TASKS ON MECHANICAL TURK
Amazon Mechanical Turk lets you earn extra cash by doing short online tasks, called ‘HITs’. These tasks, like transcription, data entry, and information verification, require minimal skills and offer a simple way to make some extra money in your free time.
5. CUSTOMER SERVICE JOBS
You can work directly for Amazon as a customer service representative. There are always openings, especially during the holiday season, offering seasonal, part-time, or full-time remote work options.
Have you thought about earning money on Amazon yet? If not, now might be the perfect time to start!