There is no doubt that Amazon or Amazon.in is one of the most popular and used e-commerce platforms in the world, providing millions of customers with a convenient way to shop online.
Hey, but did you know that you can also earn money through Amazon? If you don’t know then read this article, we’ll discuss some of the ways you can make money through Amazon, with examples to help you get started.
About Amazon.in?
Amazon.in is the Indian version of the global e-commerce giant Amazon. Launched in 2013, Amazon.in has quickly become one of the largest online marketplaces in India, offering millions of products across a wide range of categories, including electronics, fashion, books, and more.
With fast and reliable delivery, easy returns and exchange policies, and a wide variety of payment options, Amazon.in has become a go-to destination for millions of customers across India.
The platform also offers various services such as Amazon Prime, Amazon Pay, and Amazon Web Services (AWS), making it a one-stop shop for all your online shopping needs. Now, let’s dive into how to earn money through Amazon.
1. Sell Products on Amazon:
One of the most popular ways to earn money through Amazon is by selling products on the platform. Amazon allows individuals and businesses to create seller accounts and list their products for sale. You can choose to sell physical products or digital products such as ebooks, music, or software. Amazon charges a commission for every sale you make, but it can be a lucrative way to earn money.
Here’s an example:
Let’s say you’re a small business owner who makes handcrafted jewelry. You can create a seller account on Amazon, list your jewelry products, and start selling them to millions of customers worldwide. Amazon charges a referral fee of up to 15% of the sale price, depending on the product category.
1. Register as a Seller:
To become an Amazon seller, you need GST/PAN card details and a bank account.
2. List Your Products:
Once you’re registered, you can easily list your products on the platform by providing information such as your product specifications and brand name.
3. Products Delivery:
As an Amazon seller, you have the flexibility to choose how you store, pack, and deliver your products, as well as how you manage returns.
4. Get Paid:
You’ll receive payment for your sales on a regular basis, with funds being deposited into your bank account every seven days.
Another way to make money through Amazon is by becoming an affiliate marketer. As an affiliate, you promote Amazon products on your website or social media platforms and earn a commission for every sale made through your affiliate link. Amazon’s affiliate program is called Amazon Associates, and it’s free to join.
Here’s an example:
Let’s say you have a food blog, and you recommend a cookbook to your readers. You can join the Amazon Associates program and link to the cookbook on Amazon. If someone clicks on your link and purchases the cookbook, you’ll earn a commission of up to 10% of the sale price.
1. Join:
By signing up for the Amazon Associates Program, you can join the ranks of tens of thousands of creators, publishers, and bloggers who are earning with affiliates.
2. Recommend:
With our customized linking tools, you can easily share millions of products with your audience, whether you’re a large publisher, an individual blogger, or a social media influencer.
3. Earn:
As an associate, you can earn up to 10% in commissions from qualifying purchases and programs, while our competitive conversion rates help you maximize your earnings potential.
Joining the Associate’s Program gives you access to all the tools and data you need to make informed content decisions and continually grow your earnings.
If you’re a writer, you can make money through Amazon by publishing your books on Kindle Direct Publishing (KDP). KDP is a self-publishing platform that allows you to upload your books and sell them on Amazon’s Kindle store. You earn royalties of up to 70% of the sale price for every book sold.
Here’s an example:
Let’s say you’ve written a novel and want to publish it. You can upload it to KDP, set the price, and start selling it on Amazon’s Kindle store. If you sell the book for $10 and earn a royalty of 70%, you’ll earn $7 for every sale.
Once you’ve logged in you’ll be then directed to your KDP Bookshelf dashboard.
After creating your account, you’ll need to enter the following information:
Author/ Publisher information.
Add your bank account.
Complete your tax information.
With KDP, you can easily self-publish eBooks and paperbacks for free, and get your work in front of millions of Amazon readers. The publishing process is straightforward and takes less than 5 minutes. Once published, your book will appear in Kindle stores worldwide within 72 hours, allowing you to quickly reach a global audience.
Amazon Mechanical Turk (MTurk) is a platform that connects businesses and individuals who need small tasks done with workers who can complete them. As an MTurk worker, you can earn money by completing tasks such as data entry, content moderation, and surveys.
Here’s an example:
Let’s say you have some free time and want to earn some extra cash. You can sign up for MTurk and start completing tasks. Some tasks may pay only a few cents, while others may pay more. The more tasks you complete, the more money you can earn.
How does it work?
Amazon Mechanical Turk (MTurk) is a platform where workers from around the globe help requesters solve various challenges related to data processing, content moderation, and analysis. The contribution of workers on MTurk powers the marketplace and enables requesters to receive the help they need.
To get started with MTurk, you can browse or search through the available Human Intelligence Tasks (HITs) and choose the ones that interest you.
Once you have accepted a HIT, you can follow the instructions provided and complete the work.
Once you have submitted your work, the requester will review and approve it. Upon approval, your earnings will be made available for use.
Amazon provides many opportunities to make money, whether you’re a small business owner, writer, or freelancer. By selling products, becoming an affiliate marketer, publishing books on KDP, or using MTurk, you can earn money and potentially turn it into a full-time income. The key is to find a strategy that works for you and stick to it. With the right approach, you can take advantage of Amazon’s vast customer base and earn a steady income.
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