Amazon has come a long way in 22 years. The company is a young adult in human years, yet, their dominance spreads to all corners of the online retail landscape.
Amazon’s doing $100 billion in sales annually, kicking ass, and taking names (including Wal-Mart). Their trading near all-time highs with a market capitalization that hovers around $400 billion.
I’ve been making money with Amazon since 2012 after self-publishing my first book on investing. Also, I make some pocket change as an affiliate marketer via Amazon Associates. There are thousands of tales and untold stories highlighting success people have had with Amazon. Some tales are in the thousands while others are in the millions.
If you’re in business, e.g., retailer, blogger, salesperson, marketer, investor, etc., you should seriously consider how you can leverage Amazon to increase your leads, sales, and profits. They’re a top visited website with tons of traffic and customers. The e-commerce angle is obvious, but Amazon doesn’t stop there, for example, a consultant can self-publish a book through Kindle Direct Publishing to attract leads and generate passive income.
Ways to Make Money with Amazon
Amazon has created one of the most advanced fulfillment networks in the world, and your business can benefit from our expertise. With Fulfillment by Amazon (FBA), you store your products in Amazon’s fulfillment centers, and we pick, pack, ship, and provide customer service for these products.
Amazon Vendor Express
Sell your products directly to Amazon and reach millions of customers. You sell them your products, and they take care of the rest—from shipping and promoting to customer service and returns.
Advantage is a self-service consignment program that enables you to market and sell media products directly on Amazon.com. Advantage is designed specifically for publishers, music labels, studios, authors, and other content owners who would like to source their products to Amazon.
Handmade is a new store on Amazon for invited artisans to sell their unique, handcrafted goods to their hundreds of millions of customers worldwide. Amazon launched this marketplace to compete with Etsy.
Sell Your Textbooks to Amazon
Get the most for your used textbooks; trade-in and get up to 80% back.
Kindle Direct Publishing
Kindle Direct Publishing makes it fast and easy for you to independently publish your book for free and reach millions of Kindle and Kindle app reading customers worldwide.
CreateSpace helps you easily create, publish, and distribute your printed book to Amazon.com and Amazon’s European websites for free.
ACX – Audiobook Creation Exchange
The Audiobook Creation Exchange (ACX) gives you control over audiobook production. Connect with a network of leading audiobook producers, or learn what you need to know to produce it yourself.
Amazon App Store
Sell your Android apps on the Amazon App store and reach millions on Kindle Fire, Amazon Fire TV, and select Android devices. It’s easy to get started, over 75% of Android apps we tested work with no additional development necessary.
Amazon Monetization APIs
Monetize your apps and games by integrating the Amazon Mobile Ads API, In-App Purchasing API or the Mobile Associates API, which lets you sell physical products in your app and earn up to a 6% transaction fee.
Amazon HTML5 Web Apps
Sell your HTML5 apps and mobile optimized websites on the Amazon Web Appstore available in nearly 200 countries worldwide.
Amazon Associates (Affiliate Marketing)
Advertise Amazon products on your site and earn up to 15% in referral fees on the sale of books, music, DVDs, toys, electronics, kitchen, apparel, jewelry and more.
Amazon Display Ads
Reach your customers with display advertising on Amazon.com, mobile, and Kindle. Amazon Display Ads is an alternative to Google AdWords and other conventional ad networks.
Amazon Sponsored Products
Promote your products on Amazon with pay-per-click, keyword-targeted ads. Your ads may appear on page one of search results and product detail pages.
Bring the trusted Amazon payment experience to your website and make it easy for customers to pay. Allow customers to pay through Amazon as you would with PayPal.
Make $18-25/hour delivering packages with Amazon. Be your own boss. Great earnings. Flexible hours. Make more time for whatever drives you.
Amazon Mechanical Turk (MTurk) is a crowdsourcing marketplace enabling individuals and businesses (known as Requesters) to coordinate tasks. This platform is an alternative to Fiverr.
Service professionals can now offer services on Amazon. Selling services on Amazon allows top pros, like assemblers, house cleaners, handymen, electricians and more, to sell professional services directly to Amazon customers in their area.
Amazon Video Direct
AVD helps content creators reach millions of Amazon customers. AVD is essentially Amazon’s answer to YouTube through their video retail model. For each title, you can choose to earn royalties based on hours streamed by Prime members, a revenue share for rentals, purchases, monthly subscriptions, or ad impressions—or any combination of these options.
Invest/Trade Amazon Stock (Not investment advice)
Amazon’s stock had returned 40% over the past year and close to 50,000% since 1997 when they began publicly trading (yes, that isn’t a typo). I believe Amazon can still grow plenty, but their stock currently trades at over $800 a share making it quite expensive for smaller investors. Unfortunately, Amazon doesn’t pay dividends, so the profits are limited to capital gains.
Amazon Merch – Invitation Only
Amazon Merch is a self-service program designed to help you increase revenue through the sale of branded t-shirts designed by you and produced, sold, and shipped by Amazon. With the print on demand service, creators sell only the t-shirts their customers want to buy.
Amazon plans to create 100,000 U.S. jobs in the coming months, so employment is another consideration. Also, many people, including myself, have profited from creating “how-to” content based on Amazon in the form of blogs, videos, online courses, books, etc.