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4 Ways To Make Money With Amazon

4 Ways To Make Money With Amazon

4 Ways To Make Money With Amazon

You may have heard that according to Forbes magazine, Jeff Bezos, the founder of Amazon is the richest person in the world . It is clear that it is possible to make money with Amazon, and a lot.


In today's article we are going to see 4 ways to earn money with Amazon in a relatively passive way to generate additional income. Surely more than one of these ways to earn money with Amazon surprises you and gives you new investment ideas.


Surely during the confinement due to COVID-19 or even last Christmas you have spent a lot of money on Amazon. Have you stopped to think that it is also possible to earn money with Amazon?


In this article we are going to see 4 ways to earn money with Amazon, which are the following:


Invest in Amazon shares.

Selling your own products on Amazon.

Dropshipping or Amazon FBA.

Membership.

4 Ways To Make Money With Amazon

4 ways to make money with Amazon

Although there are some more (such as working at Amazon), below we are going to see the 4 main ways to earn money with Amazon in a relatively passive way. We will go from the least passive to the most passive.


#one. Invest in Amazon stock

The first way to make money (although you can also lose it) with Amazon that we are going to cover in this article and that is probably the most passive of all in investing in Amazon shares. This way of making money with Amazon is what has made Jeff Bezos a billionaire.


As you may remember, the dotcom bubble burst in the early 2000s. This took away a large part of the «.com», but a few, among which Amazon stands out, were reinforced. This was because it became clear that Amazon had a solid business model with a high potential for expansion that had nothing to do with all the other dotcoms that did not have a real business model.


Exactly the same thing has happened during the confinement in 2020 as a result of the coronavirus: while many companies from many different sectors lost billions in the stock market and even went bankrupt, Amazon gained them due to the increase in their sales (Amazon Spain, Amazon.com, Amazon Mexico, Amazon Germany, etc.).

4 Ways To Make Money With Amazon

#two. Selling your own products on Amazon

The second way to make money with Amazon is probably the most obvious of all, so we won't dwell on it too much.


It is simply about selling your own products on Amazon. The great advantage of doing this is that the number of potential buyers will be much higher if you sell on Amazon than if you simply sell through your own online store, as you will have access to regular Amazon customers.


In addition, Amazon will offer you ideas to improve your sales so you can earn even more money.


The drawback is that you will have to take care of absolutely the entire sales process (including shipping and customer service), so it cannot be considered a passive way to make money with Amazon.


#3. Dropshipping, or Amazon FBA

The third way to make money with Amazon is through  dropshipping , also known as Amazon FBA for its acronym in English (“ Fulfillment by Amazon ”). In other words, you as a seller are in charge of getting the products to Amazon warehouses (in significant quantities), and Amazon takes care of everything else. That is, Amazon is responsible for offering the products on its page, packaging the products individually, sending them and customer service. Therefore, it can be said that Amazon takes care of almost everything .


Like everything in this life, this service has an additional cost. But people who have experience dropshipping with Amazon say that the time and effort you save by delegating these tasks to Amazon (which is much more efficient and cheaper than us with the economies of scale it has) more than compensates the monthly cost. from service.


Therefore, it can be considered that it is a fairly passive way to earn money with Amazon since our work is the same (that is, to find the supplier and send the wholesale products to Amazon) regardless of the number of units that we sell.


#4. Membership

The third way to make money with Amazon is to  advertise products sold on Amazon on your website/blog . Well, actually it doesn't have to be a web page, it can be your YouTube channel, Facebook, Instagram, etc. Almost any social network and platform is good for making money with Amazon through affiliates (Amazon affiliates)


All you have to do is include a link on your page to Amazon products and if someone buys said product through your link, you will receive an advertising commission . This commission varies according to the Amazon platform to which you redirect (eg Amazon.com or Amazon.es) as well as the product sector (eg IT, fishing, car parts, etc.). But as a general rule, you can expect to receive a commission of between 3 and 10% of the sale price of the product , as we see in the following table that can be consulted online by clicking here .


Conclusion

In this article we have seen 4 ways to make money with Amazon, from the most labor-intensive to the most passive.


If you have any questions about any of these 4 ways to earn money with Amazon or just want to share your own way to earn money with Amazon with other readers, just leave a comment below. And if you think that this article may be of interest to other people in your environment who may also find it useful to learn how to make money with Amazon, do not hesitate to share it with them. Thank you very much in advance!

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