Overview: How to make money on amazon without a product
Amazon provides one of the best-case studies for budding entrepreneurs to learn the art of carving out a successful business by providing for the requirement of people by leveraging the rise in technology.
But Amazon’s business is not only a perfect business model which earns high profits growing into one of the best e-commerce websites in the world, but it provides a great source of income to many.
So if you are one of the many looking to generate income from Amazon let us first assure you are in the best place to learn how to make money on amazon without a product of your own to sell.
So if you are thinking that Amazon is a place to make money only if you have a product and using it to earn money by carrying out drop shipping or retail arbitrage then let us correct you is not the case as we have found the 7 best ways to find you the answer to how to make money on amazon without a product.
We don’t want to keep our readers waiting for long. So jump into the ride with us and know how to make money on amazon without a product.
7 Best Ways How to make money on amazon without a product
We have finally reached the most eagerly awaited section in our today’s articles as we finally unfold the seven ways in which one can learn how to make money on amazon without a product…
So let’s check out the Best 7 ways how to make money on amazon without a product.
1. Affiliate Marketing Through Amazon
One of the best ways of earning through Amazon without actually having a product to sell is by joining the Affiliate program of Amazon.
So what is amazon’s affiliate program?
In simple words amazon allows anyone and everyone to act as the amazon sales agent and advertise amazon products through online mediums and once a sale is made through your link you earn some commission for each sale.
All you require to earn through the amazon affiliate program is a computer, decent internet connection, and online reach through a website or blog which attracts a high number of views. Because more the number of viewers better is the chance of them using your link to make a buy.
It’s one of the fastest ways to make money online as each purchase gives you a commission of 2 to 10% of sales value.
2. Become an Amazon Merch
Do you have a creative and artistic mind? If the answer is yes then we have the perfect opportunity for you to make money through amazon by creating designs and patterns using online tools and selling them on Amazon merch to be used on various products like clothes and other wearables
It is an easy process as one doesn’t need to manufacture their own products printed with your designs but rather you will be selling your design ideas through Amazon Merc by
creating your account, upload your design and price, and mention your description and color.
Once a sale of a wearable or product having your design occurs your bank account will be credited with the royalty on every design that you sell.
It’s an easy and free way to make some quick money on Amazon.
3. Publish your articles through Kindle Direct Publishing
Just like creative minds can create designs for sale if you are a budding writer or like to write in your free time you can write your own books and publish them easily without the hassles of going through publishing houses and once you upload your digital books each sale gives you 70% royalty.
All you need to do t promote the book for sale is advertise it through social media websites and bingo you might become the next Salman Rushdie of Digitally written novels.
4. Become a Part of the Amazon Mechanical Turk program
If you are looking to make some passive income by using Amazon as a platform with almost 0 investment then we have found the best option for you.
The Mechanical Turk project by amazon allows one to be part of the vast employee base of Amazon and get involved in small tasks like completing surveys, moderating, validating content, etc.
It might not be one of the ideas which make you super rich but if you have an hour extra for making some passive income this program will let you earn around 15$ per hour.
Amazon uses this form of business process outsourcing to get its work done divided into smaller sets and getting it done by the huge amount of people who come looking to make a side income
5. Retail Arbitrage Using Amazon FBA
This is one way that may be time-consuming but if you get a cheap source of buying products could turn out to be a very profitable business idea.
This involves 2 facets of actions.
Firstly you need to register to Amazon FBA business which involves you packaging your products to amazon which stores them and also takes care of packaging and delivering to a customer and you will be charged for the inventory cost and packaging charges based on the units you send and its weight.
The next step would be to find a cheap store or mall from where you can buy Amazon sellable products at a much lower rate than what is sold at Amazon and hence you can earn from the difference in cost and earn using retail arbitrage in Amazon.
It’s a good way to earn money from amazon without actually having your own products but requires a lot of hard work as one needs to scan each product and use the FBA revenue calculator so that you can use your smartphone to scan barcodes to determine whether any given item is worth selling on Amazon.
Learn More About: How To Make Money With Adsense Arbitrage
6. Sell Your Service In Amazon
If you are good at a certain skill and have time to provide services such as teaching, mentoring, or any other service but find it difficult to find a potential client then you can use Amazon to sell your services.
All you need to do is have a general liability insurance completed with $1000000 and get your background check conducted by Amazon cleared and bingo you can now sell your services to a huge pool of people looking at amazon’s e-commerce store and your chances of becoming hired increases manifold.
7. Creating and Selling a Brand
Another effective money-earning idea on Amazon is becoming a seller of a brand you create on your own simply by buying a product of your own preference and using a self-created unique brand or logo image on the product.
So these are the 7 best ways of how to make money on amazon without a product hopefully they will be helpful in your quest of how to make money on amazon without a product.
Also Learn About: How To Start An Amazon FBA Business With Little Money?
FREQUENTLY ASKED QUESTIONS (FAQs)
How can I make money using amazon working from home?
There are multiple ways to make money working from home and using amazon like a dropshipping, amazon affiliate program, amazon FBA, retail arbitrage, and selling your service and products on amazon.
Is it easy or difficult to make money on amazon?
In general, making money on amazon Is easy but if you are working on retail arbitrage it may fetch you good profits but require a lot of hard work.
How can a beginner make money on amazon?
The first step would be to go through all the ways one can make money on amazon like a dropshipping, amazon affiliate program, amazon FBA, retail arbitrage, and selling your service and products on amazon. Based on your skills and ability to work you can choose and start working at the best possible way to make money on amazon as a beginner.
Bingo you have finished reading another exciting and insightful article that covers the 7 best ways how to make money on amazon without a product. We believe you enjoyed going through each of the 7 best ways and would be eager to try them out and start making money through Amazon.
To refresh your memories with some of the key aspects of today’s articles one must remember that all the ways are legal and in no way harm the ethical ways of making money, secondly it proves that making money through amazon is not only for people who make their own products.
We hope that you would take away the key insights from this article and successfully earn money through amazon hence do not feel shy to keep revisiting our website in case you feel stuck in any of the ways of making money.
We also request our readers to kindly keep sharing our articles with their friends and families and help them get the same benefits of a knowledge session worth having through our articles.