How To Make Money With Amazon
How To Make Money With Amazon
How to make money with Amazon? Did you know that Amazon company have an affiliate program? Did you know you can make money helping Amazon connecting customers to sellers? Amazon is one of the largest online retailers online with almost every product you need can be found on its website. Here’s an amazing fact, did you see Amazon logo? Notice two letters A & Z on their company logo? You get the idea. Ok, my main point is to show you how to make money with Amazon. So here we go…
Sign Up at Amazon.com
If you haven’t signed up for an account at Amazon, go and do it now. Here’s the link: https://affiliate-program.amazon.com
You can also do it manually by go to Amazon.com and look for “Become an Affiliate” at the bottom of Amazon website.
Just fill in all the information that required and create a new account with Amazon.
Have your own blog/website first
*Hint: you must have your own blog/website in order to do this. Amazon will ask you to provide them your website so they know that you will be using that website to drive traffic to their page. To do this, you can create a WordPress blog and write a few articles, then provide your blog name to Amazon during the signup process. They are more likely to accept you this way. The more professional your blog, the better. You can also use Blogger.com as it’s a free blogging platform. If you want professional ready-made niche blogs, you can check out HERE. It’s very straightforward.
Amazon commission payouts
Ok, so how do you make money with Amazon? Amazon offers commission structures ranging from 4-8.5% for every item you sold referred by you. Some products you can earn upward to 15% You might wonder why only 4-8.5% commission rates? It may be quite low compared to digital products that can range from 50-75%. But the beauty of this is that Amazon products are selling better and customers tend to purchase more because it is the brand name that people trust. Don’t get me wrong, you can make a killing with Amazon products.
There are people who are making $10,000+ per month with Amazon. Let say it this way, some Amazon products sold with price tags ranging from $100 to $1000s per item. At the rate of 8%, $1000 is equal to $80 commissions, which is not bad at all(I, myself have help sold a few items at $2000+ from Amazon, imagine that!)Considering that Amazon did a very good job at persuading people to purchase more. They could end up buying more than one item. Which result in even more commissions for YOU.
Write product reviews
So the best strategy to make money with Amazon is to write honest product reviews about the products you wish to promote from Amazon marketplace. Did I say “honest”? yes, I did. Why? You don’t want to write bogus reviews that persuade people to buy because it’s will only hurt your business. It’s not worth it when customers return that product and you end up losing commissions. We want to build our business based on honesty and integrity. It’s ok to expose some bad points about the products to let people know.
It’s not a bad thing at all. If you don’t like some products because of its bad star ratings, don’t promote those products. Pick a different one, since there are plenty. Pick the one with at least 4 stars so you can feel more confident that it’s a good product.
Try to write as many product reviews about those similar/related products that you are promoting. You can spend 30 minutes per day writing one product review at a time for as long as you like. It will add up in the long run. If you are not a good writer or don’t feel like writing at all, don’t worry there is a solution for you. Let discuss this next.
Hire freelancers to write for you
If you don’t like to write, you don’t have to. You can always outsource all the hard work to freelancers and they will do all the product reviews writing for you cheaply. It usually cost around $3-5 for a product review depending on how many words you asking them to.
They usually charge $1 per 100 words as I had done this before. It will free up your time and let you enjoy those free time with your family or whatever. All you have to do is write instructions and assign it to them.
For example, You can write a detailed instruction and tell them that you want them to write a product review from an Amazon product. Then give the product link to them in the word document/notepad. Tell them to write and the introduction of the product, features, benefit of the product, the good/bad about the product, tell them to include some short testimonials(Amazon customers already did this so you just tell your freelancer to summarize it). Then include a conclusion about the products and why it’s worth buying. Be creative. Let me tell you that “product reviews” are absolutely a goldmine. People tend to buy products after reading reviews about it. They are in the buying moods I’m telling you.
How to pick the right freelancer
Try to find about 5-10 related products link and assigned it with instructions to your freelancers. After you are done, you can post your project in the freelance marketplace. Freelancers will begin bidding on your project. Try to pick the one that has good feedbacks record so you don’t have to deal with the hassle later. It won’t take that long until your product gets to bid on. Communicate with your freelancers and negotiate with them when possible.
The more you outsource, the more experience you will get.
After you have your article reviews done, start posting it on your review blog. Don’t post all at once. Instead, spread it out in a month period. You get good search engine attention by doing it. You can auto-schedule it to post on a specific date from your WordPress blog. Now you can copy, rinse and repeat. That’s it.
