Amazon is a favorite place for online shopping, offering just about any product you can think of. There are plenty of ways to save money, like free shipping, Amazon Prime, Amazon Mom deals, and the Amazon Rewards card. But did you know you can also make money on Amazon? Here are my top 5 strategies for doing just that.
1. Selling Your Personal Items Online
You can make some cash by selling your personal items like clothes, shoes, toys, books, and electronics on Amazon. It’s a competitive space, but it gives you access to a large audience. The key to success is using high-quality photos and the right keywords to attract buyers. Some products may already come with professional photos. Keep in mind that Amazon charges $0.99 per item sold, so consider this when pricing your items. If you plan to sell over 40 items a month, you might want to upgrade to a seller’s account.
2. Becoming a Third-Party Seller
Turning your casual sales into a business means upgrading to an Amazon Seller account, which costs $39.99 per month. Many people find success flipping thrift store clothing or similar items on Amazon. If you’re serious about selling multiple items each month, think about using Amazon’s Fulfillment by Amazon (FBA) service. FBA handles picking up, storing, and shipping your items, saving you a lot of time and effort.
3. Joining the Amazon Affiliate Program
Instead of selling products, you can make money by becoming an Amazon Affiliate and promoting items. If you have a blog, website, or an online group, you can earn between 4% and 10% commission on each sale you direct to Amazon through their affiliate program.
4. Earning with Mechanical Turk
Amazon’s Mechanical Turk offers tasks (called HITs) that you can complete online to make extra money. These tasks, like transcription, data entry, and information verification, don’t require much skill and can be a good way to earn money in your spare time.
5. Working Customer Service Jobs
You can work for Amazon directly as a customer service representative. There are always positions available, especially around the holidays. These jobs can be seasonal, part-time, or full-time and often offer remote work options.
Have you tried making money on Amazon yet? If not, maybe it’s time to give it a go!