Ways to Make Money on Amazon

Making money on Amazon is not difficult. This article will summarize for you the most popular ways to make money on Amazon today .

Whether you want to make money with Amazon by selling products, becoming a reseller, or adding an online sales channel to your existing business, there are many ways to achieve your goals. As a great place to research products with advertising solutions (reaching 96% of US customers every month), Amazon can help you:

1. Launch a new, 'hot' product in the home, health & wellness or other potential market.
2. Specialize in B2B sales or other sales campaigns.
3. Source products from wholesalers or use other purchasing methods.
4. Looking for foreign customers for handmade or manufactured goods.
5. Earn income by publishing personal books, live streaming video games and more.

Registering an Amazon account to plan sales and increase profits from this platform is not difficult. Basically, you just need to follow the instructions and meet the necessary sales conditions to be able to do business right on this platform. Even without selling, you will still make money on Amazon.

There are so many great ways to make money on Amazon, so to help you figure out which method is best for you, this article dives into the top ways to make money on Amazon in 2023.

1. Sell your private label products on Amazon

The best way to make money on Amazon in 2022 is still through private label sales using the Fulfillment by Amazon (FBA) network. About 67% of Amazon sellers run their businesses using this method.

Private labeling is the process of taking a pre-existing item (preferably with product improvements), putting your brand and logo on it, and selling it to consumers. This is sometimes called branding. (This process has been around for years and is common in countless retail stores. Target's Mainstays and Walmart's Great Value are two examples of private label brands.)

With FBA, Amazon can deliver your products (usually in two days or less—what you might call Amazon Prime). This is how ecommerce business owners can list their products on Amazon and make money from their sales.

Amazon makes creating a private label even easier thanks to several advantages:

First, you can use a tool like Jungle Scout — an all-in-one platform for selling on Amazon — to estimate the revenue your product will generate once it's on Amazon.

Next, it's easy to source and manufacture your products with the help of platforms like Alibaba or Jungle Scout's Supplier Database.

Finally, once you've created your product, you can sell it on Amazon using FBA. You don't even have to ship your orders!

2. Publish your own book on Kindle Direct Publishing

Amazon Kindle Direct Publishing (KDP) allows you to publish your own books on Amazon. In addition to digital formats, you can also print physical copies of your book.

The only catch with this option is that you usually need to write a lot to be successful. While it's possible to publish one or two hugely popular books, quantity is the game changer. The more you write, the more money you make.

3. Wholesale sales on Amazon

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Similar to private labeling, wholesaling involves purchasing products in bulk to sell using Amazon's FBA network.

The main difference, however, is that you're selling other companies' products. So you don't have to worry about manufacturing and branding the products. For many sellers, this is one of the most popular ways to make money on Amazon.

4. Shipping to Amazon

By now, you probably know that Amazon has its own delivery service. But did you know that you can join Amazon's delivery fleet as a driver?

The Amazon Flex program allows you to do just that. All you have to do is answer a quick questionnaire, download their app, and if you're accepted, you'll start earning money.

5. Become a blogger

Have you ever wanted to start a lifestyle blog, publish how-to videos or recipes, or otherwise publish your thoughts and ideas? You can make money from Amazon while doing it!

Think of it like this: You find an interesting product on Amazon, send the link to your friends, and — if they buy it — you get paid a commission. On your blog (or social media page, or even in an email), that link gets passed to more people, so you can earn more commission.

That's how the Amazon Associates program works. Amazon Associates is a program where you sign up to get special links that only you can share.

When you share the link and a purchase is made, you earn a percentage of the sale.

6. Re-selling discounted products purchased in stores

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If you've ever watched the US version of 'The Office', you might remember the episode where Dwight buys all the Princess Unicorn dolls around Christmas time. His plan is to sell them for $200 (or more) to last-minute shoppers.

In short, that's how retail arbitrage works.

In arbitrage, you go to a retail store like Walmart, Target, Barnes & Noble, etc. to find and buy discounted products. Then, you resell those items on Amazon at a higher price.

7. Enjoy price differences from selling products online

With this method, you will buy products to resell on Amazon from other e-commerce stores, instead of buying the products in-store like you would with the previous method.

With the previous method, you were limited to physical stores in your area but with online retailing, the supply is almost endless. You have the opportunity to buy products from many online retailers such as eBay, Walmart, Target, CVS, Home Depot, etc.

8. Work from home as an Amazon representative

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Amazon is quickly becoming one of the world's largest employers. After buying Whole Foods in 2017, Amazon now has about 650,000 employees.

Of course, not all of those employees work at Amazon's headquarters in Seattle, Washington.

In fact, many Amazon employees are remote workers who work from the comfort of their own homes.

9. Join the Mechanical Turk program

Amazon Mechanical Turk (MTurk) is a crowdsourcing marketplace.

Amazon has a little program with the funny name Mechanical Turk (MTurk). Whether it's data validation, research, or taking surveys, Mechanical Turk acts as a hub for outsourcing tasks.

While the name may imply artificial intelligence, Mechanical Turk is actually the combined efforts of hundreds (and thousands) of remote workers like you.

10. Make your own items to sell on Amazon through Amazon Handmade

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If you're creative, Amazon Handmade might be the place for you!

By invitation only, Amazon Handmade allows artisans to craft and sell their own goods using Amazon's platform.

Obviously, this method requires a bit more effort to stay on top of orders, since you'll be producing them yourself. However, the exposure Amazon provides for your brand is huge.

Amazon Handmade can really help a large audience discover your unique products.

11. Sell your own shirts, hats, coffee mugs, and more through Merch by Amazon

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Have a clever idea for a shirt or a coffee mug, but don't want to spend money creating hundreds of products?

Merch by Amazon is for you. Merch is a print-on-demand service that lets you upload designs to Amazon's database. Those designs can then appear on shirts, tote bags, coffee mugs, hats—whatever you want!

When you sell something, Amazon creates the product for you, ships it, and you make money.

12. Sell items without owning any inventory using dropshipping

If you don't have a lot of money to start but want a way to make money with Amazon, dropshipping might be the right choice!

Dropshipping allows you to list products for sale without owning any inventory. This means that you simply list the products for sale and once a customer places an order, you purchase the product from your supplier at a lower price and have them ship it to your customer.

You, as the seller, can earn money without ever touching or seeing the product! Your supplier will handle all the logistics for you.

13. Offer your services through Amazon Services

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Amazon is more than just an e-commerce platform. Essentially, Amazon Services allows entrepreneurs to sell their services online.

So if you're a plumber, lawn care professional, dog walker, or piano teacher, Amazon Services can help connect you with people who want your help.

14. Do seasonal work for Amazon with CamperForce

Did you know that Amazon has a full-time RVer workforce that supports seasonal rush jobs?

It's called CamperForce and it brings together a community of enthusiastic RVers. In short, you can drive across the country, do a quick job in an Amazon warehouse, get paid, and then head to your next RV vacation destination.

As a CamperForce operative, you will be able to choose missions based on current conditions and from a variety of locations.

15. Work at one of Amazon's fulfillment/distribution centers

Finally, here's one that's been in the news a lot lately: Working in one of Amazon's massive fulfillment centers.

Amazon associates pick, pack, store, and ship products for Amazon, Amazon first-party sellers, and third-party sellers.

Frequently Asked Questions About Making Money on Amazon

Is making money on Amazon real?

Absolutely. There are already many people in the world making real money from Amazon.

How profitable is selling on Amazon?

Selling on Amazon can be very lucrative. More than 65,000 sellers in the US made over $100,000 in revenue in 2020. The number of US sellers who made over $10 million in revenue increased by nearly 40% that same year (see Amazon's Empowering Small Businesses report for these and other stats).

Factors that can influence revenue include the types of products you sell, the sales channels you choose, and the commerce tools you use, such as Automate Pricing and Fulfillment by Amazon, which can all help drive traffic and increase revenue.

What items are easy to sell on Amazon?

Books, cosmetics, homewares… you can sell anything on your Amazon store. Exploring product categories in the Amazon search bar is a great way to see what items are most popular on the platform.

Do you have a great product? Are you using different avenues to promote and sell it? Maybe you are doing well but want to take it further or are you looking to improve your current business and need a new strategy? These can all help you achieve your goals.

To increase efficiency and have a better start, you should also supplement your knowledge about online sales. You can improve it through the Internet. Online Selling Experiment is a suggestion worth referring to. Visit this website, you will be trained, coached and have tips to sell products on e-commerce platforms better. This website provides easy-to-understand sales knowledge for beginners with detailed illustrations.

These are some of the simplest ways to make money on Amazon. Are you doing business on this platform? If so, let's share with TipsMake other money-making tips that you know!

Samuel Daniel

Update 29 August 2024