https://www.amazon.com/b?ie=UTF8&node=13605942011 - Make Money with Amazon
https://www.amazon.com/b/?_encoding=UTF8&node=14066976011 - Amazon Giveaway
https://www.linkedin.com/pulse/amazon-ecosystem-lock-in-prime-echo-jon-nordmark - how to prevent Amazon from becoming too big - done reading
What are different ways to make money with Amazon?
- Join the Amazon Affiliate Program
- Sell Items on Amazon "Handmade": The braintrust at Amazon recently launched Amazon Handmade, a service that allows you to sell your handmade wares to the Amazon audience. Currently, for a 12% referral fee, you can sell your handmade jewelry, home products (artwork, baby bedding, bath, bedding, furniture, home décor, kitchen & dining, lighting, patio, lawn & garden, storage & organization), party supplies and stationery on their platform. While Amazon hopes this new service will eventually become an Etsy killer, it currently offers artisan sellers a large number of potential buyers for a reasonable cost. If production capabilities have you concerned, don't fret, as you can set your own production time (up to 30 days) on every product you make. Also, it's worth noting that product UPCs and professional photos are not required to get started.
- Publish an eBook: By registering for free with Kindle Direct Publishing, you can have your ebook published on the Kindle platform within five minutes and appear in Kindle stores worldwide within 48 hours. Gone are the days of cut-throat book publishing where rejection letters are the norm. You can now publish your novel or amazingly helpful "how-to" guide online and earn up to a 70% royalty on your sales. Plus, you get to keep complete control of your publishing rights and have the ability to set your own pricing. Amazon will even help you format your ebook to optimize it for Kindle users. Also, you can opt into the Kindle Owners' Lending Library so Prime members can borrow your ebook, and in turn, help you gain even more exposure.
- Become a Third Party Seller.
- If you shop at Amazon regularly, you've probably noticed that while the majority of items are fulfilled directly by Amazon, some items are actually sold by third party sellers. If you have a niche product for sale, or perhaps are an artist and have artwork you're trying to move, becoming a third party Amazon seller provides an excellent opportunity to reach the masses.
- You have the option of signing up for the individual plan, which is great if you plan on selling 40 or less items per month, or the professional plan if you plan on selling more. With the individual plan, you pay a flat $0.99 selling fee per item sold, plus a referral fee in the 8%–15% range of the product's selling price. With the professional plan, you pay a flat $39.99/month with no per item selling fee, but still have to pay the referral fee.
- While the 8%–15% referral fee may seem steep compared to other online selling programs, the large customer reach you'll have by listing your items on Amazon can easily make up for the higher fees. If you really want to step up your game, you can have Amazon fulfill all of your orders by having them store, pick, pack, and ship on your behalf. This is a fantastic way to let potential customers utilize Amazon's customer service department as well as have your items become eligible for Prime two-day shipping.
- Sell Your Original Content:
- Another smart way to get paid by Amazon is to sell your original content like DVDs, books, MP3s, CDs, and video downloads directly on their site. This is done via CreateSpace, an Amazon-owned company, and it works by paying royalties whenever your product is sold on the Amazon platform.
- For example, if you've produced your own music and designed your own artwork to go with it, CreateSpace will turn it into a "retail-ready" CD with full-color inserts, jewel case, and printed disc face. They'll even assign a free universal product code (UPC) to your CD and sell it directly on Amazon.com, which means it'll be eligible for Prime two-day delivery and incredible consumer exposure. Royalties vary by product category, and range between 40%–60% of the retail price.
- Get Paid for Small Tasks via Mechanical Turk: By completing small online tasks via Amazon Mechanical Turk, you have the potential to earn a decent chunk of change. Examples of popular tasks include looking at an image and describing it in 10 words or less for a 10 cent payment, and a semi-detailed product review for a quick $2.50. While many of the tasks are low-paying, they can add up fairly quickly if you have the patience to wade through the riff-raff to find the better paying tasks. If you work at a job that has regular short delays — a customer service rep jumps to mind — Turk could make for a great way to fill those breaks with tasks that pay.
- Score Discounts for Amazon Reviews:
- Another cool way to essentially let Amazon pay you is to create an account at Snagshout. The site is completely free, and works by giving you access to a large marketplace of extremely discounted Amazon products, in exchange for an honest review of the discounted products you buy. We're talking discounts that range from 50% to 90% off the original retail price. Surprisingly, some of the items are actually free or only cost 99 cents. You simply shop like you normally would, then after the item arrives, you'll be asked to leave an honest review of the product. By doing so, you'll gain access to another plethora of highly discounted items. If used correctly, you'll be getting "paid" via huge discounts on items you'd hopefully be purchasing anyways.
- While some of these tips require more up-front work than others, they all have the potential to be lucrative. This is especially true if you have a blog in place and can incorporate affiliate links into your content, or have inventory ready to sell directly to Amazon customers. In any case, the time has come for the folks at Amazon to start paying you on a regular basis.
What are the tips for making money with Amazon Affiliate program?
- It’s easiest to make money using Amazon’s affiliate program if the people coming to your website are looking for a specific product that your website discusses.
- Link to product inside your content. People trust the body of the content on a page more so than any other area of the website.
- Make product images clickable. Use images of the product you’re talking about and make them clickable.
- Link to Amazon.com as many times as possible. Each link inside one of your articles is another opportunity for a visitor to click through and make their way onto Amazon.com. It’s common for me to link to Amazon five to ten times in a single article (more if I’m doing a product review).
- Doing a quality product review for a product directly related to your niche is a very easy way to garner higher click thru rates and increased sales, but only if your review is higher quality. Ideally you contact the manufacturer’s marketing team or PR agency and get them to send you a demo unit of the product to review, but this takes a lot of effort and may not be worth it on a smaller traffic site (at first). You want to convince the reader to investigate their purchase options by the time they finish reading an article, which is why I’ll always include links to all of the products mentioned in a review at the end of the article. That way it’s an easy transition from learning about the product during your review and then at the end it’s time to make a purchase.
- Build An Email List or have a large number of followers on Twitter.
- Target holidays. Write sales and promotional materials so that they are ready for holidays, because Amazon creates an actual dedicated sales page every time one of these holidays come around. The deals shared on these pages are generally really good too. Put together an article of all the top products that are on sale in my niche using the above tips.
- Sell Large Quantities Of Inexpensive Products To Boost Your Payout On High Priced Products. Set up in lower competition niches where the items typically aren’t as expensive and where it’s easier to sell these products in larger quantities ($50 or less). Then I have other niche sites that sell more expensive products at much higher prices ($XXX – $X,XXX) that are sold less frequently. So this way I get to use the increased quantity of sales from these lower priced product websites to help me get up into higher payout brackets so instead of making 6% on that high end item I’ll get 8% instead. http://upfuel.com/make-money-with-amazon/
- Use Multiple Tracking ID’s For Each Website. By default Amazon assigns you one tracking ID like blahblahblah-20 but you can create additional tracking ID’s here up to a total of 100. If you hit that total you can always ask for more so feel free to be liberal with your creation of tracking ID’s for your websites. http://upfuel.com/make-money-with-amazon/
- Use EasyAzon To Save Time And Make More Money With Amazon. This plugin allows you to insert information and affiliate links to Amazon in a much faster way than creating the links yourself by hand from Amazon.com. Basically what the plugin does is allow you to quickly insert a text based affiliate link, the image of the product as an affiliate link, a product information grid, convert US Amazon links to UK, GR etc. via link localization etc. etc. and have all those things be affiliate links to Amazon.com so it does a great job of improving click through rates. The plugin is currently only $47 and available at EasyAzon.com
- Insert Buy Now Button Into Your Articles. This is something that EasyAzon could do for you, but if you don’t want to spend the money you can simply insert your own buy now button and turn it into an Amazon affiliate link.
- Create A Product Comparison Grid. Creating a product comparison grid for all of the products within your niche and allowing people to sort by various features is a great way to get some additional sales. I’ve used this tactic on several of my websites and the product comparison page alone can add an additional 5% to 10% income increase for a website. If you do it manually you’ll need to use this WordPress plugin called WP Table Reloaded and what I do is include various columns for information about the product and in the final column I use a buy now button that people can click to see more info about the product.
- Publish A Recurring Deals Post. If you want to find a way to be able to mention products that are on sale more frequently on your website one of the easiest ways I’ve done that in the past is to just do a weekly deals post. So what I’ll do is publish a post every week with the best deals for my niche and then incorporate all of the previous tactics I’ve discussed above to link to the products on Amazon.com. Depending on how often you publish articles you could do it more or less frequently (I’ve seen some websites do these style of articles every day).
- Publish A Monthly Bestseller List. Amazon has a bestseller page found simply at Amazon.com/bestsellers and so one thing I’ve done on my site is publish a bestsellers list and simply mention the currently trending bestsellers. Generally speaking the cream rises to the top so if you write an article talking about the bestselling products those are likely to be the best products your visitors are looking to buy anyway. Just go to Amazon.com/bestsellers and look for your respective niche category. I shoot for top 5 or top 10 products.
- Use Native Shopping Ads Over Static Banner Ads. Update: I used to recommend carousel style Amazon ads, but they don’t exist anymore. When I used them they converted about 3 times better than static style Amazon banner ads. I suggest using Native Shopping Ads instead which is essentially a replacement to the carousel style ads but allows for greater flexibility. You can display products by recommendation from the content, by search or with other options. You can create the Amazon Native Shopping Ads inside your Amazon Associates account here and you’re able to manually add products or just display bestselling products from a specific category.
- Don’t Bother Creating An Amazon Astore. http://upfuel.com/make-money-with-amazon/
- Use A Website Layout That Improves Conversions. Play around, experiment to find the layout the convert most. You may want to try the Azon Theme. http://upfuel.com/make-money-with-amazon/
- Just Get People On To Amazon.com. I know 30% of my earnings came from products people bought because I happened to be the one that sent them onto Amazon.com. For example, I sold a watch a while ago for $5,000 and got a $400 commission but I don’t even own a website that even remotely discusses watches. This is one of the other reasons why I love using Amazon’s affiliate program. When you send someone to Amazon.com you get a percentage of anything they buy for the next 24 hours (30 days if they added an item to their cart) so if you can just get them onto the website and they happen to buy something completely unrelated you’ll get the money for it.
- Do not link to Amazon products in every single one of your posts. You don’t want your readers to think the only reason why you’re writing something is so that you can sell them on a new product (even if that’s the only reason why you’re blogging in the first place). Instead you need to mix up the frequency with which you link to Amazon products in your posts. I believe this can vary greatly by the niche you’re in. If you’re a tech blogger and you cover the latest and greatest products you can get away with doing so much easier than if you’re a blogger writing about how to make a living online. Using this blog here as an example, the only time I’ll link to an Amazon product is once or twice (max) per month and the only time I would do that is if I was reviewing a book like Crush It! (which coincidentally I’ll write a review on as soon as I find a way to get off of Call of Duty: Modern Warfare 2 and devote more time to reading). http://upfuel.com/top-5-worst-ways-to-make-money-with-amazon-associates/
- Do not abuse the trust of your readers. Never recommend a product that you yourself would not spend your money on. If you give everything a good review in the hopes of earning more a few sales I assure you that in the end this will hurt you. The more you can build the trust of your readers by recommending great products the better. I’ve had multiple readers refer friends to websites I own because of the free help I’ve provided through the content I publish online or via personal email interactions. These situations could have just as easily gone the other way if I tried to earn an extra sale by recommending a shoddy product.