How to earn from amazon and how to earn online? how you can be a billionaire online on 2023 Latest details
Amazon pays 4% to start, but if you make more sales, they can pay up to 10%. That may seem like a tiny bit, but keep in mind that some people are making hundreds of sales per day through Amazon. A five dollar sale times one hundred sales is five hundred dollars per day.
40 easy ways to make money quickly
How to Make Money on Amazon in 2020
Amazon is the world’s largest online retailer.
There are 2.5+ million sellers offering nearly 120 million different products on the Amazon marketplace.
That means there’s tons of money to be had. Lots of people are getting rich from Amazon. With no signs of slowing down in the near future.
There are plenty of ways to make money with Amazon, you don’t even need a product.
If you want your share of the pie, check out these top 16 ways to make money from Amazon.
Click here to see videos.
Sell Products With Amazon FBA
FBA stands for “fulfillment by Amazon.” In a nutshell, here’s how it works:
- Become an Amazon seller.
- Buy wholesale products (from Alibaba or similar platform).
- Ship your inventory to an Amazon fulfillment center.
Once you join Amazon’s FBA network, Amazon will deliver the products to customers for you. You could always ship the products yourself to avoid extra Amazon fees, but FBA is the best way to sell products at scale.
You make money if you can sell products on Amazon for a higher price than you pay for them.
Retail Arbitrage
Sourcing inventory from overseas means you’ll have to pay hefty shipping costs. Lots of sellers avoid this by leveraging retail arbitrage.
Retail arbitrage will require a bit more work. It’s essentially the process of buying inventory from local retailers and then selling them on Amazon for a profit.
Go to your local Walmart, Target, etc. and search for discounted products. Then simply list those items on Amazon with a markup.
You could also consider online arbitrage. Buy directly from these websites and benefit from free shipping. But usually, the best discounts are found in-store. Ebay is another good source for finding cheap products to sell.
While there is definitely money to be made with retail arbitrage, it’s a competitive space and difficult to scale. It can make a great side hustle if you personally enjoy hunting for deals.
Make Money on Amazon in 2020 – 15 Killer Methods
How much money can I make selling private label products on Amazon?
Approximately $625 to $1,875 per month per product.
Consider that most sellers on Amazon sell products that result in 100 to 300 sales per month. The average third-party product sells for $25 with a gross profit margin of 25%. That adds up to $625 to $1,875 per month per product.
2 – Publish your own books on Kindle Direct Publishing.
Amazon Kindle Direct Publishing (KDP) allows you to publish your own books on Amazon, and this is my second favorite way to make money on Amazon. (But that’s probably because I’m a professional writer.)
Then again, in addition to digital format, you can print actual copies of your book too. Amazon’s CreateSpace prints on demand!
The only catch with this option is that you usually need to write somewhat prolifically in order to find success. Though it is possible to publish one or two wildly popular books, volume is the true name of the publishing game.
The more you write, the more you make.
How much money can I make writing for KDP?
Up to $40,000 per month.
I’ve heard that some authors make as much as $40,000 per month. These writers, however, tend to be prolific, and write topically to gain notice.
Once you write the material, you don’t have to write it again! Nor do you have to worry about inventory.
How to Make $5K an Hour Selling on Amazon
You’ve seen the headlines and the data and the stories across the board. Selling on Amazon makes some people and brands a lot of money.
That’s because Amazon is a selling behemoth, attracting nearly 50% of all online product search traffic, with more than 70% of all U.S. consumers having bought from Amazon in the last 6 months.
Let’s just say that when consumers end up on Amazon.com, they are very close to being ready to pull out their credit card (or just one-click pay).
In total, Amazon’s share of the ecommerce market is expected to hit 50% by 2021. That’s in just a short 2 years.
And the number of third-party sellers on Amazon (i.e. sellers that are not Amazon) continues to rise, even as Amazon launches additional product lines of its own.
There is no better time than the present to launch your brand on Amazon or to grow your brand presence and revenue through Amazon.
Let’s dive into why – and the how.
Get Enthusiastic–Amazon is a Huge Opportunity
Amazon is the future. It’s time to get on board and excited about it.
Don’t just make Amazon part of a growth strategy.
Make it the growth strategy for your business.
I’ve worked with an old-fashioned manufacturer that has been in business for several generations. Within 18 months they were selling more on Amazon than through their traditional channels.
How did they do it?
They didn’t mess around when it came to selling on Amazon.
They tossed their whole product line on Amazon, identified the services they needed to outsource and created new internal processes specifically for Amazon.
According to recent industry figures and Statista, Amazon is the leading ecommerce retailer in the U.S. with close to 178 billion U.S. dollars in 2017 net sales.
The majority of Amazon’s revenue is generated through ecommerce sales of electronics and other products, followed by third-party seller revenues, subscription services, and AWS activities.
Let’s look at a few stats:
- Electronics & media is the most relevant category with a net sales share of over 50%
- Furniture and appliances are the second more purchased item at 18.85%, followed by food & personal care at 14%, toys, hobbies & DIY at 12.5% and fashion at 3.4%
- Over 80% of net sales are generated in the United States.
- Canada, the UK, China and Australia are also large markets at 1.5%, 1.2%, 1.7% and 1.7% respectively.
- 43.13% of Amazon’s traffic is direct
- 23.73% of Amazon’s traffic is through search
- Amazon’s net sales revenue in 2017 topped $177 Billion, a 30% increase from 2016
With 53% of Amazon’s items being sold through third-party retailers, and with a double-digit sales revenue increase YoY, Amazon is a good bet to grow your bottom line.
Here’s how.
Determine Your Selling Strategy
There are two ways to sell through Amazon:
- Sell directly to Amazon
- Sell on Amazon yourself
Let’s break each of these down and look at a couple case studies so you can determine which is right for you.
Amazon pays 4% to start, but if you make more sales, they can pay up to 10%. That may seem like a tiny bit, but keep in mind that some people are making hundreds of sales per day through Amazon. A five dollar sale times one hundred sales is five hundred dollars per day.
40 easy ways to make money quickly
How to Make Money on Amazon in 2020
Amazon is the world’s largest online retailer.
There are 2.5+ million sellers offering nearly 120 million different products on the Amazon marketplace.
That means there’s tons of money to be had. Lots of people are getting rich from Amazon. With no signs of slowing down in the near future.
There are plenty of ways to make money with Amazon, you don’t even need a product.
If you want your share of the pie, check out these top 16 ways to make money from Amazon.
Click here to see videos.
Sell Products With Amazon FBA
FBA stands for “fulfillment by Amazon.” In a nutshell, here’s how it works:
- Become an Amazon seller.
- Buy wholesale products (from Alibaba or similar platform).
- Ship your inventory to an Amazon fulfillment center.
Once you join Amazon’s FBA network, Amazon will deliver the products to customers for you. You could always ship the products yourself to avoid extra Amazon fees, but FBA is the best way to sell products at scale.
You make money if you can sell products on Amazon for a higher price than you pay for them.
Retail Arbitrage
Sourcing inventory from overseas means you’ll have to pay hefty shipping costs. Lots of sellers avoid this by leveraging retail arbitrage.
Retail arbitrage will require a bit more work. It’s essentially the process of buying inventory from local retailers and then selling them on Amazon for a profit.
Go to your local Walmart, Target, etc. and search for discounted products. Then simply list those items on Amazon with a markup.
You could also consider online arbitrage. Buy directly from these websites and benefit from free shipping. But usually, the best discounts are found in-store. Ebay is another good source for finding cheap products to sell.
While there is definitely money to be made with retail arbitrage, it’s a competitive space and difficult to scale. It can make a great side hustle if you personally enjoy hunting for deals.
Make Money on Amazon in 2020 – 15 Killer Methods
How much money can I make selling private label products on Amazon?
Approximately $625 to $1,875 per month per product.
Consider that most sellers on Amazon sell products that result in 100 to 300 sales per month. The average third-party product sells for $25 with a gross profit margin of 25%. That adds up to $625 to $1,875 per month per product.
2 – Publish your own books on Kindle Direct Publishing.
Amazon Kindle Direct Publishing (KDP) allows you to publish your own books on Amazon, and this is my second favorite way to make money on Amazon. (But that’s probably because I’m a professional writer.)
Then again, in addition to digital format, you can print actual copies of your book too. Amazon’s CreateSpace prints on demand!
The only catch with this option is that you usually need to write somewhat prolifically in order to find success. Though it is possible to publish one or two wildly popular books, volume is the true name of the publishing game.
The more you write, the more you make.
How much money can I make writing for KDP?
Up to $40,000 per month.
I’ve heard that some authors make as much as $40,000 per month. These writers, however, tend to be prolific, and write topically to gain notice.
Once you write the material, you don’t have to write it again! Nor do you have to worry about inventory.
How to Make $5K an Hour Selling on Amazon
You’ve seen the headlines and the data and the stories across the board. Selling on Amazon makes some people and brands a lot of money.
That’s because Amazon is a selling behemoth, attracting nearly 50% of all online product search traffic, with more than 70% of all U.S. consumers having bought from Amazon in the last 6 months.
Let’s just say that when consumers end up on Amazon.com, they are very close to being ready to pull out their credit card (or just one-click pay).
In total, Amazon’s share of the ecommerce market is expected to hit 50% by 2021. That’s in just a short 2 years.
And the number of third-party sellers on Amazon (i.e. sellers that are not Amazon) continues to rise, even as Amazon launches additional product lines of its own.
There is no better time than the present to launch your brand on Amazon or to grow your brand presence and revenue through Amazon.
Let’s dive into why – and the how.
Get Enthusiastic–Amazon is a Huge Opportunity
Amazon is the future. It’s time to get on board and excited about it.
Don’t just make Amazon part of a growth strategy.
Make it the growth strategy for your business.
I’ve worked with an old-fashioned manufacturer that has been in business for several generations. Within 18 months they were selling more on Amazon than through their traditional channels.
How did they do it?
They didn’t mess around when it came to selling on Amazon.
They tossed their whole product line on Amazon, identified the services they needed to outsource and created new internal processes specifically for Amazon.
According to recent industry figures and Statista, Amazon is the leading ecommerce retailer in the U.S. with close to 178 billion U.S. dollars in 2017 net sales.
The majority of Amazon’s revenue is generated through ecommerce sales of electronics and other products, followed by third-party seller revenues, subscription services, and AWS activities.
Let’s look at a few stats:
- Electronics & media is the most relevant category with a net sales share of over 50%
- Furniture and appliances are the second more purchased item at 18.85%, followed by food & personal care at 14%, toys, hobbies & DIY at 12.5% and fashion at 3.4%
- Over 80% of net sales are generated in the United States.
- Canada, the UK, China and Australia are also large markets at 1.5%, 1.2%, 1.7% and 1.7% respectively.
- 43.13% of Amazon’s traffic is direct
- 23.73% of Amazon’s traffic is through search
- Amazon’s net sales revenue in 2017 topped $177 Billion, a 30% increase from 2016
With 53% of Amazon’s items being sold through third-party retailers, and with a double-digit sales revenue increase YoY, Amazon is a good bet to grow your bottom line.
Here’s how.
Determine Your Selling Strategy
There are two ways to sell through Amazon:
- Sell directly to Amazon
- Sell on Amazon yourself
Let’s break each of these down and look at a couple case studies so you can determine which is right for you.
Amazon pays 4% to start, but if you make more sales, they can pay up to 10%. That may seem like a tiny bit, but keep in mind that some people are making hundreds of sales per day through Amazon. A five dollar sale times one hundred sales is five hundred dollars per day.
40 easy ways to make money quickly
How to Make Money on Amazon in 2020
Amazon is the world’s largest online retailer.
There are 2.5+ million sellers offering nearly 120 million different products on the Amazon marketplace.
That means there’s tons of money to be had. Lots of people are getting rich from Amazon. With no signs of slowing down in the near future.
There are plenty of ways to make money with Amazon, you don’t even need a product.
If you want your share of the pie, check out these top 16 ways to make money from Amazon.
Click here to see videos.
Sell Products With Amazon FBA
FBA stands for “fulfillment by Amazon.” In a nutshell, here’s how it works:
- Become an Amazon seller.
- Buy wholesale products (from Alibaba or similar platform).
- Ship your inventory to an Amazon fulfillment center.
Once you join Amazon’s FBA network, Amazon will deliver the products to customers for you. You could always ship the products yourself to avoid extra Amazon fees, but FBA is the best way to sell products at scale.
You make money if you can sell products on Amazon for a higher price than you pay for them.
Retail Arbitrage
Sourcing inventory from overseas means you’ll have to pay hefty shipping costs. Lots of sellers avoid this by leveraging retail arbitrage.
Retail arbitrage will require a bit more work. It’s essentially the process of buying inventory from local retailers and then selling them on Amazon for a profit.
Go to your local Walmart, Target, etc. and search for discounted products. Then simply list those items on Amazon with a markup.
You could also consider online arbitrage. Buy directly from these websites and benefit from free shipping. But usually, the best discounts are found in-store. Ebay is another good source for finding cheap products to sell.
While there is definitely money to be made with retail arbitrage, it’s a competitive space and difficult to scale. It can make a great side hustle if you personally enjoy hunting for deals.
Make Money on Amazon in 2020 – 15 Killer Methods
How much money can I make selling private label products on Amazon?
Approximately $625 to $1,875 per month per product.
Consider that most sellers on Amazon sell products that result in 100 to 300 sales per month. The average third-party product sells for $25 with a gross profit margin of 25%. That adds up to $625 to $1,875 per month per product.
2 – Publish your own books on Kindle Direct Publishing.
Amazon Kindle Direct Publishing (KDP) allows you to publish your own books on Amazon, and this is my second favorite way to make money on Amazon. (But that’s probably because I’m a professional writer.)
Then again, in addition to digital format, you can print actual copies of your book too. Amazon’s CreateSpace prints on demand!
The only catch with this option is that you usually need to write somewhat prolifically in order to find success. Though it is possible to publish one or two wildly popular books, volume is the true name of the publishing game.
The more you write, the more you make.
How much money can I make writing for KDP?
Up to $40,000 per month.
I’ve heard that some authors make as much as $40,000 per month. These writers, however, tend to be prolific, and write topically to gain notice.
Once you write the material, you don’t have to write it again! Nor do you have to worry about inventory.
How to Make $5K an Hour Selling on Amazon
You’ve seen the headlines and the data and the stories across the board. Selling on Amazon makes some people and brands a lot of money.
That’s because Amazon is a selling behemoth, attracting nearly 50% of all online product search traffic, with more than 70% of all U.S. consumers having bought from Amazon in the last 6 months.
Let’s just say that when consumers end up on Amazon.com, they are very close to being ready to pull out their credit card (or just one-click pay).
In total, Amazon’s share of the ecommerce market is expected to hit 50% by 2021. That’s in just a short 2 years.
And the number of third-party sellers on Amazon (i.e. sellers that are not Amazon) continues to rise, even as Amazon launches additional product lines of its own.
There is no better time than the present to launch your brand on Amazon or to grow your brand presence and revenue through Amazon.
Let’s dive into why – and the how.
Get Enthusiastic–Amazon is a Huge Opportunity
Amazon is the future. It’s time to get on board and excited about it.
Don’t just make Amazon part of a growth strategy.
Make it the growth strategy for your business.
I’ve worked with an old-fashioned manufacturer that has been in business for several generations. Within 18 months they were selling more on Amazon than through their traditional channels.
How did they do it?
They didn’t mess around when it came to selling on Amazon.
They tossed their whole product line on Amazon, identified the services they needed to outsource and created new internal processes specifically for Amazon.
According to recent industry figures and Statista, Amazon is the leading ecommerce retailer in the U.S. with close to 178 billion U.S. dollars in 2017 net sales.
The majority of Amazon’s revenue is generated through ecommerce sales of electronics and other products, followed by third-party seller revenues, subscription services, and AWS activities.
Let’s look at a few stats:
- Electronics & media is the most relevant category with a net sales share of over 50%
- Furniture and appliances are the second more purchased item at 18.85%, followed by food & personal care at 14%, toys, hobbies & DIY at 12.5% and fashion at 3.4%
- Over 80% of net sales are generated in the United States.
- Canada, the UK, China and Australia are also large markets at 1.5%, 1.2%, 1.7% and 1.7% respectively.
- 43.13% of Amazon’s traffic is direct
- 23.73% of Amazon’s traffic is through search
- Amazon’s net sales revenue in 2017 topped $177 Billion, a 30% increase from 2016
With 53% of Amazon’s items being sold through third-party retailers, and with a double-digit sales revenue increase YoY, Amazon is a good bet to grow your bottom line.
Here’s how.
Determine Your Selling Strategy
There are two ways to sell through Amazon:
- Sell directly to Amazon
- Sell on Amazon yourself
Let’s break each of these down and look at a couple case studies so you can determine which is right for you.
Amazon pays 4% to start, but if you make more sales, they can pay up to 10%. That may seem like a tiny bit, but keep in mind that some people are making hundreds of sales per day through Amazon. A five dollar sale times one hundred sales is five hundred dollars per day.
40 easy ways to make money quickly
How to Make Money on Amazon in 2020
Amazon is the world’s largest online retailer.
There are 2.5+ million sellers offering nearly 120 million different products on the Amazon marketplace.
That means there’s tons of money to be had. Lots of people are getting rich from Amazon. With no signs of slowing down in the near future.
There are plenty of ways to make money with Amazon, you don’t even need a product.
If you want your share of the pie, check out these top 16 ways to make money from Amazon.
Click here to see videos.
Sell Products With Amazon FBA
FBA stands for “fulfillment by Amazon.” In a nutshell, here’s how it works:
- Become an Amazon seller.
- Buy wholesale products (from Alibaba or similar platform).
- Ship your inventory to an Amazon fulfillment center.
Once you join Amazon’s FBA network, Amazon will deliver the products to customers for you. You could always ship the products yourself to avoid extra Amazon fees, but FBA is the best way to sell products at scale.
You make money if you can sell products on Amazon for a higher price than you pay for them.
Retail Arbitrage
Sourcing inventory from overseas means you’ll have to pay hefty shipping costs. Lots of sellers avoid this by leveraging retail arbitrage.
Retail arbitrage will require a bit more work. It’s essentially the process of buying inventory from local retailers and then selling them on Amazon for a profit.
Go to your local Walmart, Target, etc. and search for discounted products. Then simply list those items on Amazon with a markup.
You could also consider online arbitrage. Buy directly from these websites and benefit from free shipping. But usually, the best discounts are found in-store. Ebay is another good source for finding cheap products to sell.
While there is definitely money to be made with retail arbitrage, it’s a competitive space and difficult to scale. It can make a great side hustle if you personally enjoy hunting for deals.
Make Money on Amazon in 2020 – 15 Killer Methods
How much money can I make selling private label products on Amazon?
Approximately $625 to $1,875 per month per product.
Consider that most sellers on Amazon sell products that result in 100 to 300 sales per month. The average third-party product sells for $25 with a gross profit margin of 25%. That adds up to $625 to $1,875 per month per product.
2 – Publish your own books on Kindle Direct Publishing.
Amazon Kindle Direct Publishing (KDP) allows you to publish your own books on Amazon, and this is my second favorite way to make money on Amazon. (But that’s probably because I’m a professional writer.)
Then again, in addition to digital format, you can print actual copies of your book too. Amazon’s CreateSpace prints on demand!
The only catch with this option is that you usually need to write somewhat prolifically in order to find success. Though it is possible to publish one or two wildly popular books, volume is the true name of the publishing game.
The more you write, the more you make.
How much money can I make writing for KDP?
Up to $40,000 per month.
I’ve heard that some authors make as much as $40,000 per month. These writers, however, tend to be prolific, and write topically to gain notice.
Once you write the material, you don’t have to write it again! Nor do you have to worry about inventory.
How to Make $5K an Hour Selling on Amazon
You’ve seen the headlines and the data and the stories across the board. Selling on Amazon makes some people and brands a lot of money.
That’s because Amazon is a selling behemoth, attracting nearly 50% of all online product search traffic, with more than 70% of all U.S. consumers having bought from Amazon in the last 6 months.
Let’s just say that when consumers end up on Amazon.com, they are very close to being ready to pull out their credit card (or just one-click pay).
In total, Amazon’s share of the ecommerce market is expected to hit 50% by 2021. That’s in just a short 2 years.
And the number of third-party sellers on Amazon (i.e. sellers that are not Amazon) continues to rise, even as Amazon launches additional product lines of its own.
There is no better time than the present to launch your brand on Amazon or to grow your brand presence and revenue through Amazon.
Let’s dive into why – and the how.
Get Enthusiastic–Amazon is a Huge Opportunity
Amazon is the future. It’s time to get on board and excited about it.
Don’t just make Amazon part of a growth strategy.
Make it the growth strategy for your business.
I’ve worked with an old-fashioned manufacturer that has been in business for several generations. Within 18 months they were selling more on Amazon than through their traditional channels.
How did they do it?
They didn’t mess around when it came to selling on Amazon.
They tossed their whole product line on Amazon, identified the services they needed to outsource and created new internal processes specifically for Amazon.
According to recent industry figures and Statista, Amazon is the leading ecommerce retailer in the U.S. with close to 178 billion U.S. dollars in 2017 net sales.
The majority of Amazon’s revenue is generated through ecommerce sales of electronics and other products, followed by third-party seller revenues, subscription services, and AWS activities.
Let’s look at a few stats:
- Electronics & media is the most relevant category with a net sales share of over 50%
- Furniture and appliances are the second more purchased item at 18.85%, followed by food & personal care at 14%, toys, hobbies & DIY at 12.5% and fashion at 3.4%
- Over 80% of net sales are generated in the United States.
- Canada, the UK, China and Australia are also large markets at 1.5%, 1.2%, 1.7% and 1.7% respectively.
- 43.13% of Amazon’s traffic is direct
- 23.73% of Amazon’s traffic is through search
- Amazon’s net sales revenue in 2017 topped $177 Billion, a 30% increase from 2016
With 53% of Amazon’s items being sold through third-party retailers, and with a double-digit sales revenue increase YoY, Amazon is a good bet to grow your bottom line.
Here’s how.
Determine Your Selling Strategy
There are two ways to sell through Amazon:
- Sell directly to Amazon
- Sell on Amazon yourself
Let’s break each of these down and look at a couple case studies so you can determine which is right for you.
Amazon pays 4% to start, but if you make more sales, they can pay up to 10%. That may seem like a tiny bit, but keep in mind that some people are making hundreds of sales per day through Amazon. A five dollar sale times one hundred sales is five hundred dollars per day.
40 easy ways to make money quickly
How to Make Money on Amazon in 2020
Amazon is the world’s largest online retailer.
There are 2.5+ million sellers offering nearly 120 million different products on the Amazon marketplace.
That means there’s tons of money to be had. Lots of people are getting rich from Amazon. With no signs of slowing down in the near future.
There are plenty of ways to make money with Amazon, you don’t even need a product.
If you want your share of the pie, check out these top 16 ways to make money from Amazon.
Click here to see videos.
Sell Products With Amazon FBA
FBA stands for “fulfillment by Amazon.” In a nutshell, here’s how it works:
- Become an Amazon seller.
- Buy wholesale products (from Alibaba or similar platform).
- Ship your inventory to an Amazon fulfillment center.
Once you join Amazon’s FBA network, Amazon will deliver the products to customers for you. You could always ship the products yourself to avoid extra Amazon fees, but FBA is the best way to sell products at scale.
You make money if you can sell products on Amazon for a higher price than you pay for them.
Retail Arbitrage
Sourcing inventory from overseas means you’ll have to pay hefty shipping costs. Lots of sellers avoid this by leveraging retail arbitrage.
Retail arbitrage will require a bit more work. It’s essentially the process of buying inventory from local retailers and then selling them on Amazon for a profit.
Go to your local Walmart, Target, etc. and search for discounted products. Then simply list those items on Amazon with a markup.
You could also consider online arbitrage. Buy directly from these websites and benefit from free shipping. But usually, the best discounts are found in-store. Ebay is another good source for finding cheap products to sell.
While there is definitely money to be made with retail arbitrage, it’s a competitive space and difficult to scale. It can make a great side hustle if you personally enjoy hunting for deals.
Make Money on Amazon in 2020 – 15 Killer Methods
How much money can I make selling private label products on Amazon?
Approximately $625 to $1,875 per month per product.
Consider that most sellers on Amazon sell products that result in 100 to 300 sales per month. The average third-party product sells for $25 with a gross profit margin of 25%. That adds up to $625 to $1,875 per month per product.
2 – Publish your own books on Kindle Direct Publishing.
Amazon Kindle Direct Publishing (KDP) allows you to publish your own books on Amazon, and this is my second favorite way to make money on Amazon. (But that’s probably because I’m a professional writer.)
Then again, in addition to digital format, you can print actual copies of your book too. Amazon’s CreateSpace prints on demand!
The only catch with this option is that you usually need to write somewhat prolifically in order to find success. Though it is possible to publish one or two wildly popular books, volume is the true name of the publishing game.
The more you write, the more you make.
How much money can I make writing for KDP?
Up to $40,000 per month.
I’ve heard that some authors make as much as $40,000 per month. These writers, however, tend to be prolific, and write topically to gain notice.
Once you write the material, you don’t have to write it again! Nor do you have to worry about inventory.
How to Make $5K an Hour Selling on Amazon
You’ve seen the headlines and the data and the stories across the board. Selling on Amazon makes some people and brands a lot of money.
That’s because Amazon is a selling behemoth, attracting nearly 50% of all online product search traffic, with more than 70% of all U.S. consumers having bought from Amazon in the last 6 months.
Let’s just say that when consumers end up on Amazon.com, they are very close to being ready to pull out their credit card (or just one-click pay).
In total, Amazon’s share of the ecommerce market is expected to hit 50% by 2021. That’s in just a short 2 years.
And the number of third-party sellers on Amazon (i.e. sellers that are not Amazon) continues to rise, even as Amazon launches additional product lines of its own.
There is no better time than the present to launch your brand on Amazon or to grow your brand presence and revenue through Amazon.
Let’s dive into why – and the how.
Get Enthusiastic–Amazon is a Huge Opportunity
Amazon is the future. It’s time to get on board and excited about it.
Don’t just make Amazon part of a growth strategy.
Make it the growth strategy for your business.
I’ve worked with an old-fashioned manufacturer that has been in business for several generations. Within 18 months they were selling more on Amazon than through their traditional channels.
How did they do it?
They didn’t mess around when it came to selling on Amazon.
They tossed their whole product line on Amazon, identified the services they needed to outsource and created new internal processes specifically for Amazon.
According to recent industry figures and Statista, Amazon is the leading ecommerce retailer in the U.S. with close to 178 billion U.S. dollars in 2017 net sales.
The majority of Amazon’s revenue is generated through ecommerce sales of electronics and other products, followed by third-party seller revenues, subscription services, and AWS activities.
Let’s look at a few stats:
- Electronics & media is the most relevant category with a net sales share of over 50%
- Furniture and appliances are the second more purchased item at 18.85%, followed by food & personal care at 14%, toys, hobbies & DIY at 12.5% and fashion at 3.4%
- Over 80% of net sales are generated in the United States.
- Canada, the UK, China and Australia are also large markets at 1.5%, 1.2%, 1.7% and 1.7% respectively.
- 43.13% of Amazon’s traffic is direct
- 23.73% of Amazon’s traffic is through search
- Amazon’s net sales revenue in 2017 topped $177 Billion, a 30% increase from 2016
With 53% of Amazon’s items being sold through third-party retailers, and with a double-digit sales revenue increase YoY, Amazon is a good bet to grow your bottom line.
Here’s how.
Determine Your Selling Strategy
There are two ways to sell through Amazon:
- Sell directly to Amazon
- Sell on Amazon yourself
Let’s break each of these down and look at a couple case studies so you can determine which is right for you.
