The ultimate guide to making Amazon Passive Income from home in 4 ways.
Amazon is undoubtedly the most popular marketplace on a universal scale.
It is a giant of online buying and selling transactions that operate in countries such as Ireland, United States, United Kingdom, Mexico, Japan, Italy and many more, and today we will tell you how you can work with Amazon and get the most out of it.
You will see that this content will be very useful and productive to earn passive income from Amazon diversifying your sources of income.
We assure you that working with Amazon will be a life-changing experience that will generate passive income incredible dividends.
Are you ready to know how to stand out and succeed working with this “monster” of global ecommerce?
If so, we invite you to continue reading carefully until the last line of this article. You will love it!
- Learn how to work with Amazon
- How to work with Amazon?
- What is Amazon?
- Amazon Passive Income ways to Make Money
- How to work with Amazon as an affiliate?
- How to work with Amazon Kindle Publishing?
- Amazon Passive Income: Conclusion.
Learn how to work with Amazon
Amazon currently has different ways of working that will allow you to generate substantial income so you can get closer and closer to your financial independence.
Here we will explain what they consist of so you can define if you are willing to work with Amazon and stabilize your finances in the short, medium and long term. Isn’t this incredible?
As a starter, we can tell you that selling products and the Amazon affiliate program are some of the most profitable options you have at hand.
If you complete this reading you will know which others you can take advantage of and we will even tell you how they work in detail.
That’s right. Most people think that only large chains, companies or international brands can work with Amazon, but you might be surprised to learn that this is not true.
So leave the preconceived ideas about this ecommerce in the past and focus on knowing all the mechanisms that Amazon offers you to generate good monthly income.
At the end you will know what they are about, how they work, how to take advantage of them and how much remuneration they can bring you if you do your job well and put 100% dedication, perseverance and dedication.
How to work with Amazon?
1. Be sure to take a look at the programs to work with Amazon that we will share with you in the following sections because they promise to generate considerable profits.
By studying them you will discover how they operate and how you can make the most of them without even having to leave the house, or without taking off your pajamas at best.
2. Learn more about Amazon: understand its essence, its nature and how you can operate on it to monetize your daily efforts.
You will find that the more knowledge you have about it, the more confident you will feel about working with Amazon, and you may even question why you didn’t start sooner.
What is Amazon?
It is an American company dedicated to e-commerce and cloud computing services that was founded by Jeff Bezos in July 1994, in Washington, United States.
Currently it is possible to get products from A to Z in this ecommerce, and it has already evolved so much that it even has its own products: Amazon Kindle, Amazon Prime, Amazon Echo and many more.
According to official estimates, in 2010 its revenues exceeded 34 billion dollars, and the company’s net profit was 1,152 million dollars.
Amazon was one of the first companies that allowed the sale of goods over the Internet and today millions of transactions are made daily through the independent sites it owns around the world.
Evolution of Amazon
Bezos named his company “Amazon” in honor of the Amazon River -which is one of the largest rivers on the planet-, since this was exactly what he was aiming for: for his store to become the largest in the entire globe.
The starting point was to allow the sale of books online, since literature was booming at the time, and that is how he captured the attention of his first users.
It is worth noting that the low prices of the books plus the great offer they had, were decisive factors for the initial success of the company.
The rest is history. Bezos’ company has not stopped evolving and reinventing itself, and its own products are the best proof of this.
It operates in more than 15 countries through its independent sites and now you can even work with Amazon without any problems.
Amazon Passive Income ways to Make Money
1. Passive income with Amazon by selling products
You can start working with Amazon by selling products online quickly and securely.
Since 2010 this modality has allowed millions of people to increase their sales and reach potential customers to boost their business and grow their bank accounts exponentially.
This modality of work has been so well received that its official site estimates that more than 40% of Amazon’s total sales units come from third parties.
To work with Amazon selling products you must formally understand its benefits, determine the sales plan that best suits you and finally fully understand how sales work in this ecommerce.
How to sell products through Amazon?
At present Amazon offers two ways of selling. In essence, you can choose to sell as a professional -in case you expect to sell more than 40 products per month-, or as an individual -if you plan to sell less than that amount of products per month-.
You see, the first one will cost you $39.99 per month plus sales commissions, while the second plan will cost you only $0.99 per sale, plus sales commissions.
The professional plan is logically the most complete: it allows you to sell your products in Mexico, United States or Canada, or even in all 3 simultaneously.
As well as customize your shipping reviews, design special promotions for your products, and even give you the option to have your products highlighted in the headers of certain pages.
Product Selling Process
Step 1: Register
Step 2: List your products
That is, add them to the Amazon marketplace one by one, unless you have a professional selling subscription that allows you to add large batches of products using special tools like Helium 10.
Step 3: Sell
Once listed they will be available for users to view, and be encouraged to buy, if they are interested.
Amazon strives to make the buying process easy for consumers, but you still need to make sure they have all the necessary information to encourage the sale, such as good images or a complete and formal description.
Step 4: Ship
Amazon will send you a notification every time someone completes a purchase order.
Note that you can use the Fulfillment By Amazon (FBA) service to have the company take care of your shipments, or you can handle them on your own if you wish.
Step 5: Receive your payment
Amazon will deposit your payment into your bank account and will let you know in a secure, timely and immediate manner. Working with Amazon is a 100% safe, reliable and lucrative bet.
2. Fulfillment by Amazon Program (FBA)
This program has gained a lot of traction and acceptance and can fit you like a glove if you are eager to work with Amazon and have a major success.
You see, through it you can sell your products on the platform, but with the particularity that you can store them in their warehouses.
And not only that, you also have the option that the company itself is in charge of shipping them, as well as managing the process of returns, refunds, and if that were not enough, they even offer excellent customer service to your customers.
This way you can work with Amazon and still have more time available to increase your inventory, dedicate to other businesses, entertain yourself, or simply to do whatever you like while still earning a good income.
Sign up and create an account as a professional seller on Amazon.
List your products on the platform called “Seller Central”.
Prepare your products so that they are not broken or damaged when they are shipped; the idea is that your customers receive your products in perfect condition.
Send your products to Amazon: they will be stored in the warehouses closest to your customers, and the best thing is that you will not lose track of them at any time.
In fact, you can track the movement of your inventory, check when Amazon receives them and know when they will be ready for sale.
When customers buy your products, the company will be ready to prepare your packages and send them to them.
Take advantage of FBA
Warehousing costs vary depending on the weight of the product.
For example, if it weighs 1 pound or less, it is considered a standard size product and costs $2.41 to store, but if it is considered an extra large and special product, it costs more than $137 to store.
However, this is a very good investment if you want to work with Amazon and still have time to scale your local business globally.
Let’s see, this program keeps getting better and better over time and now even allows you to offer discounts on certain eligible products to your frequent customers.
The ultimate goal of the FBA is to give you the facilities and tools you need to keep expanding and making money from your Amazon operations, which is really great, so you can’t afford to miss out.
3. Passive Income with Amazon Affiliate Program
If you want to make money with Amazon then you should know all the details of their important, free and prestigious affiliate program.
The only thing you need to start taking advantage of it is to have a website, and here we will tell you why.
This is because through the content you share on your website you will be able to include promotional links to Amazon, so that every time a consumer buys some of the products recommended in those links you will receive a commission.
That’s right, for every sale generated you can receive a commission from Amazon of between 3% and 12%, and not only that, you can also take advantage of their promotions, news and offers to boost your own offers.
How to work with Amazon as an affiliate?
1. Sign up for free in the affiliate program.
All you need to do is submit an application and a short form so you can start creating your promotional links right away.
2. Work on product promotion
If you have a blog or a website you can choose the products you want to advertise in your links, taking into consideration the ones that will have the best reception or acceptance among your visitors.
The good news is that Amazon provides you with the tools to create your links and that way you will have no problem to start making your website profitable.
3. Receive your earnings
The advertising commissions offered by Amazon are up to 12% for each sale made on the site from the traffic you redirect from your blog or website.
The variation between one percentage and another depends on the category of products you decide to promote, being the best paid for clothing, footwear, watches, jewelry and Amazon Moda’s private label brands.
4. Amazon Kindle Platform
Amazon offers you the opportunity to earn money by publishing your literary works on its platform called Kindle Direct Publishing (KDP), both in electronic and paper format.
Here are some of the benefits of working with Amazon through KDP:
- You can control your royalties and set your prices.
- You can make changes to your publications whenever you want.
- You will receive up to 70% of royalties from the sale of your works to customers in the United States, Canada, Mexico, Spain, United Kingdom, Germany, France, Italy, India, Japan and other countries.
How to work with Amazon Kindle Publishing?
1. Sign in to KDP
You can do it with the same data of your Amazon account, you just have to enter the KDP site itself and that’s it.
2. Meet Amazon’s requirements
Make sure you prepare your manuscript and cover, as well as check that your book meets Amazon’s content and quality guidelines so you can publish it digitally without any problems.
3. Create a new title
Access your Library, then go to the “Create a new title” section and finally press “+ Kindle eBook”.
Finally complete the information in each of the sections presented to you and you will be ready to work with Amazon, sell your work to customers around the world and receive incredible royalties for it.
Amazon Passive Income: Conclusion.
There you have it: 4 great options to make passive income with Amazon in a comfortable, safe, easy and fast way, so don’t think twice and take advantage of them right away.
You will see that you will love the experience and your finances will thank you sooner rather than later, right?