Top 5 Tips for Making Money on Amazon

The economy is making everyone think about their financial status. If you are looking for some extra income, Amazon might be the answer. There are a number of ways to make money on Amazon. Here are the top 5.

1. Sell
Have you been thinking about starting your own business but are afraid of the losses that you might incur along the way? Do you have a product that you truly believe in but lack the resources to promote it? Amazon can help you. You can open an account with Amazon and start selling your products. Amazon is one of the top e-Commerce sites in the world and posting your product allows it to be viewed and accessed by millions of people across the globe. Not bad for a start up company right?

If you don’t have the capital to produce or buy your materials, why not start selling the things that you already own? Get old gadgets such as iPhones and iPods. Find websites that appraise the value of your old gadgets then sell them on Amazon. You might be surprised to earn fine money with things that you don’t use.

2. Buy and Sell
If you don’t have a product to sell, why not browse through the pages of Amazon and look for affordable products to buy and resell? It takes a bit of effort and time but when you get the hang of it, you will be able to save money to go on to big ticket items which you can resell for larger profits.

3. Write
Have you always dreamed of getting a book published? Would you like to be a renowned author? Why not start with writing an e-book? You can sell your e-book to Amazon. You don’t have to go to a publisher or spend thousands of dollars to publish and advertise your book. Amazon will do it all for you and for a minimum investment.

4. Be an Associate
The Amazon Associate is Amazon’s affiliate program. You can be an affiliate for free. Start promoting their products and when someone buys, you get a commission. This is great for bloggers or for anyone who owns a website. Just place a link on your site and when someone clicks on that link and buys the product that you are promoting then you are paid a commission by Amazon.

5. Mechanical Turk
If you’re a developer or editor or a jack of all trades, you can earn extra income with Amazon’s Mechanical Turk. Here, you are shown a list of HITs or Human Intelligence Tasks that you can perform in a given time. Some HITs only require 30 minutes of your time. You get paid after you fulfil your HITs. There are over 200,000 HITs to choose from ranging from transcription, error checking and categorization to finding information. Some are very simple tasks that don’t pay much but if you add them up over time, you get some extra money for very little effort.

Earning money on Amazon requires some commitment and creativity on your part. Do some due diligence and your work will certainly pay off.

If you have lower postage rates for your items you will be a step ahead of your competitors. One way to do this is with a franking machine, for free online quotes for franking machines for small businesses please check out www.comparefrankingmachine.co.uk.

---

Please share:

To be updated with our future giveaways, contests and make money online opportunities, please don't forget to subscribe:

Delivered by FeedBurner