Amazon, the world’s largest eCommerce company, makes an estimated $830 thousand per minute. But contrary to popular belief, you don’t have to be an eCommerce pro to be successful on Amazon. If you want to know how to make money on Amazon, this article will show you several methods.
There are four main ways to make money on Amazon: selling items, taking support opportunities, being a partner or influencer, or working for Amazon as an employee. Check out our complete list of 18 money-making opportunities below.
How to Make Money Selling on Amazon
Amazon sellers can make anywhere from a few hundred dollars to several thousand per month. The difference between sellers who make a lot and a little is product research and strategy.
Sellers in the right market can easily turn this into a full-time income. When making thousands of dollars per month, you can rely on Amazon. Eventually, you can use this to fund future businesses.
Below, you’ll find nine ways to make money selling on Amazon.
#1: Launching Your Own Brand on Amazon
Can you make money selling on Amazon? The short answer is “yes,” while the long answer is that there are many ways. One of the most powerful ways that you can get rich is by launching a new brand.
Launching your own brand is easier than you think. Amazon supports this through the Amazon Brand Registry. Even if you have no prior experience, you can get started today.
To launch an Amazon brand, you’ll need to keep these tips in mind:
- You need a registered trademark for your brand name.
- You need to be in a country that Amazon supports (such as the United States, United Kingdom, Australia, etc.)
- Consider the list of product categories your brand creates.
- Include product photographs showing your logo on the product and brand packaging.