If you are looking for a way to make money outside of your normal 9-5, amazon offers many opportunities. In this blog post, we will explore 12 amazon side hustles that can be done on the amazon platform. This includes things like becoming an amazon affiliate or creating and selling your own product. You’ll also learn about other ways to make money with amazon such as being a translator or using amazon’s Mechanical Turk service!
Retail arbitrage is basically buying low-priced items at retail stores and then selling them on amazon. You can easily spot these deals by looking for clearance or overstock signs, but you’ll need to be quick in order the get a good deal.
And the best part, Amazon can handle your shipping through their Fulfillment by Amazon, FBA program.
Requirements to get started:
- Amazon reseller account. As a starter, it is recommended to go for the free seller account. This is will help you understand how the system works without paying a dime. Once you start selling like 40-50 products a month, you can upgrade to the professional seller account.
- Amazon seller app – its available on Android and iOS for free
- A few dollars to get you started buying inventory.
Another thing to keep in mind when it comes to retail arbitrage is the sales rank of a product. As you shop around in the clearance section, you need to check on Amazon to see how the product ranks. A lower rank will translates to quicker sales.
Just like retail arbitrage, online arbitrage involves buying low and selling for a profit.
The only difference is, you are buying on online marketplaces such as eBay, Amazon marketplaces, and Chinese wholesale sites such as Aliexpress and Alibaba.
In most cases the profits margin will tend to be lower than retail arbitrage, but the ease of purchasing items and shipping them to amazon can make up for it.
One key difference is that you need a lot more capital because you are buying in bulk from sites like Alibaba which will require expensive upfront investments from manufacturing companies before they ship their goods overseas.
Some of the software tools that will make your life easier include Source Mogul and Tactical Arbitrage.
Reselling Books on Amazon
Another perfect Amazon side hustle is reselling used books. Amazon allows you to sell your used books on their site. To get started, simply log in and click the “Sell Your Stuff” button in the upper right corner of amazon’s homepage. From there, select Books from the drop-down menu near the top of amazon’s page that says, “What type of product would you like to sell.
This is an easy to start side hustle for moms. You can use an app like Bookscouter to scan the ISBN codes on books and check on Amazon to see what they are selling for.
Though this will not give you much its a perfect side hustle. Garage sales, your local library store or thrift stores to find inventory.
Amazon Mechanical Turk
This is an online service where you can work small tasks (called Human Intelligence Tasks) for various companies. You might be asked to categorize photos or transcribe a video. The pay ranges depending on the task but it’s usually between $2-$8 per hour with more than 500,000 workers on amazon mechanical turk right now!
Make Money Selling Private Label Products on Amazon.
Amazon’s third-party sellers are responsible for more than half of the company’s inventory. The process usually works like this: Identify simple-to manufacture products that are already selling, check the reviews to see what people don’t like about them (optional), and find a manufacturer to produce a similar product with your own branding on it.
Considerably less costly than starting from scratch, private labeling is often an attractive option for entrepreneurs just getting started in business or individuals who want their item available at Amazon without going through all of its complexities such as importing goods directly into Prime warehouses across North America and beyond.
Selling on amazon can be a great side hustle for anyone looking to make money from home. Side hustles are often informal, part time or temporary jobs you do in addition to your main job and Amazon has made it easier than ever to sell products as an individual seller by creating the “private label” program which allows sellers to sell products from amazon under their own brand.
Amazon is the best option for side hustles because of its user-friendly interface and wide variety of items available on amazon marketplaces like amazon, amazon uk or amazon co jp. It also offers a high degree of flexibility to sellers looking to make money as an individual.
Handmade Products are a great way to make money on amazon. One of the advantages is that you can start small and scale up your business by adding more products later as you get better at making them. Another benefit is that unlike selling physical items, handmade goods usually have low overhead costs because all supplies are generally bought in bulk.
Some of the handmade products you can sell on Amazon include:
- Baby products
- Art products
- Jewelry & watches
- Shoes and handbags
- Kitchen and dining products
- Sporting goods
- Outdoor and home-care
Kindle books is another amazon service that can be a side hustle. You just need to upload the book, offer it for download on amazon and promote it through social media or other platforms then wait while you earn money off each sale. The process is simple but time consuming as there are many steps involved in publishing an ebook.
Another great way to make money on Amazon is by recording audiobooks. The only requirements are a good quality microphone and an amazon account with seller privileges. You can read the book, record it, upload it to amazon as an mp-book (audiobook) or audible compatible file type such as .mpa, add your own cover art, list your product for sale on Amazon.
Amazon is a great resource for anyone looking to make some extra cash on the side. The amazon associates program will allow you to put links in blog posts, articles and even social media posts with amazon product links that lead back to Amazon’s site where your viewers can shop. If someone buys something from Amazon via clicking one of your links, you get paid a commission.
The amazon associates program is free to join and you can start earning money right away. You do not need a website or blog of your own, but it does require that you have some type of social media account with followers like Twitter, Facebook or Instagram where the amazon links will lead back to Amazon’s site for your viewers.
Start Making Money on Amazon
If you want to make money from home, Amazon is a great place to start. There are so many ways that you can earn extra income on your own schedule and with no experience necessary. Whether it’s Kindle books, amazon associates or handmade products- there are plenty of opportunities for anyone who has an idea they want to sell online. Have you tried any of these side hustles? Let us know!