How to invest in Amazon and Earn Money in 2022 – 15 Top Methods
1. Sell your own private label products on Amazon.
The best way to make money on Amazon in 2022 is still through private label sales using the Amazon Fulfillment by Amazon (FBA) network. About 67% of all Amazon sellers operate their business using a private label method.
Private label is the process of manufacturing an existing item (preferably, with product improvements), putting your branding and logo on it, and selling it to consumers. Sometimes this is called white labeling or brand creation. (This practice has been around for years and is common in countless retail stores; Target’s Mainstays brand and Walmart’s Great Value are two examples of private label brands.)
Thanks to FBA, Amazon is able to ship your products (typically in two days or less – known as Amazon Prime). This is how e-commerce business owners—like you and me—can list goods on Amazon and make money from sales.
Amazon makes private labeling even easier thanks to several advantages:
First, you can use a tool like Jungle Scout — an all-in-one platform for selling on Amazon — to estimate how much your product will sell once it’s on Amazon.
Then, it’s easy to source and manufacture your products with the help of platforms like Alibaba or Jungle Scout’s supplier database.
Finally, after creating your product, you can sell it on Amazon using FBA. You don’t even have to ship your orders!
How Much Money Can I Make Selling Private Label Products on Amazon?
About $625 to $1,875 per month per product.
More than half (56%) of private label sellers make $5,000 or more in monthly sales, and nearly two-thirds (59%) have a profit margin of more than 16%. Among private label sellers with more than one year of sales experience, 20% have earned more than $10,000 in lifetime profits.
Note: To learn more about how much Amazon private label sellers spent to get up and running, how long it took them to become profitable, and what categories they’re selling in, Jungle Scout’s The State of the View the Amazon Seller Report.
Where can I learn more about selling private label products on Amazon?
If you want to learn more about making money on Amazon with private label products, Jungle Scout offers a free course to help you get started: How to Sell on Amazon.
2. Publish your books on Kindle Direct Publishing.
Amazon Kindle Direct Publishing (KDP) allows you to publish your books on Amazon.
Apart from digital format, you can also print original copies of your book.
The only catch with this option is that you usually need to do some writing to be successful. While it’s possible to publish a wildly popular book or two, volume publishing is the real name of the game.
The more you write, the more you make.
How much money can I earn for KDP?
Up to $40,000 per month.
I have heard that some writers earn up to $40,000 per month. However, these writers stand out and write primarily to get noticed.
Once you write content, you don’t need to write it again! Nor do you need to worry about inventory.
How can I learn how to make money on Amazon with KDP?
While I don’t know of a specific course that I trust to teach this particular method, I do trust Tim Ferriss.
And, incidentally, a serial entrepreneur wrote an interesting article on how to become a Kindle millionaire.
If you want to make money on Amazon with KDP, it’s definitely worth a read: How To Make $1,000,000 From E-Book Selling Strategies And Case Studies.
3. Sell wholesale goods on Amazon.
Similar to private label, wholesaling involves buying large quantities of product to sell using Amazon’s FBA network.
However, the main difference is that you are selling other companies’ products. So, you don’t have to worry about product development and branding.
For many sellers, this is one of the most popular ways to make money on Amazon.
How much money can I make selling wholesale goods on Amazon?
Up to $3,000 – $4,000 per month.
While selling wholesale on Amazon has become notoriously difficult over the past few years, it’s still a great way to make money.
Note that this is much more competitive than the private label market – as you’ll likely be sharing a buy box with other sellers. So it can sometimes be a “race to the bottom” on prices where the only “lever” sellers have to compete with is lower their price relative to their competitors.
In addition, the profit is in the purchase. If you can’t buy your stuff at a low enough price, you won’t make money.
Yet, 61% of wholesalers on Amazon make $5,000 or more in monthly sales — including nothing.
How can I learn how to make money selling wholesale products on Amazon?
To sell wholesale on Amazon
Check out the Mari Guide. Once you’ve learned the basics, you can use Jungle Scout’s product database to organize and find products worth selling.
4. Provide goods for Amazon.
By no means w, you probably know that Amazon has its own delivery service. But did you know that you can join Amazon’s delivery fleet as a driver?
Amazon’s Flex program allows you to do just that. All you have to do is answer a quick questionnaire, download their app, and if you’re accepted, you start making money.
Think of it as Uber, but for Amazon delivery.
How much money can I earn working as a Flex Driver on Amazon?
About $100+ per day.
According to Flex’s homepage, Amazon pays drivers between $18 – $25 an hour, and shifts are typically five hours long.
I’ve even read stories that even if drivers finish their shifts early, they still get paid for the full five hours.
Not a bad deal for $100+ per day.
How can I learn how to make money as a flex driver on Amazon?
Naturally, the best way to learn how to succeed with Flex is through their site: Amazon Flex.
5. Become a blogger.
Ever wanted to start a lifestyle blog, post videos or recipes, or otherwise share your thoughts and ideas? You can earn money from Amazon while doing this!
Picture it. You find a great product on Amazon, send your friends the link, and – if they buy it – you get paid a commission. On your blog (or even in a social media page or email), that link reaches a few more people, so you can earn a little more in commission.
This is how Amazon’s Associates program works.
Amazon Associates is an affiliate program where you sign up to receive exclusive links that only you can share.
Once you share the link and a purchase is made, you earn a percentage of the sale.
How much money can I earn as an Amazon affiliate?
This way of making money varies greatly in its profitability.
The Amazon Associates Program is probably the most popular affiliate program on the Internet.
While the commission percentage isn’t particularly high – usually only 3-5% – the conversion rate and volume you get from sharing these links make up for it.
The downside is that you need to influence the internet. If you don’t have a decent social media following (or blog), it will be difficult to make much in sales commission.
How can I learn how to make money on Amazon as an Amazon affiliate?
Check out our comprehensive guide on how to make money as an Amazon affiliate.
This guide will teach you everything you need to know about the Amazon Associates program and how you can start making money promoting Amazon products.
6. Flip store-bought products with retail mediation.
Arbitration is written in wooden tiles.
If you watched the US version of “The Office,” you may remember the episode where Dwight bought all the princess unicorn dolls for Christmas. His plan was to sell to last-minute buyers for $200 (or more).
And that, in a nutshell, is how retail arbitrage works.
For arbitrage, you go to a retail store like Walmart, Target, Barnes & Noble, etc. to find and buy discounted products. Then, you resell those items on Amazon at a markup.
How much money can I earn by retail mediation on Amazon?
The earning potential of this method varies.
Retail brokerage can be competitive and difficult to scale, but it’s still a quick and low-cost way to start making money on Amazon. You can earn as much as you want with retail brokerage.
To be an intermediary seller though, you need patience. Many times, sellers can spend a day or weekend searching retail stores for products only to come up empty-handed.
But don’t let that deter you—many people start their Amazon selling journey using this method.
How can I learn how to make money on Amazon with retail brokerage?
Jungle Scout has a great guide to selling retail brokerage that explains how to get started finding the best products to flip on Amazon.
7. Flip online retail store products using online mediation.
With online brokerage, you’re buying products from other e-commerce stores to flip on Amazon, versus buying products in-store as you would with retail brokerage.
With retail mediation, you are limited to physical stores in your area but with online mediation, the possibilities for purchasing inventory are almost endless. There are opportunities to flip products from many online retailers such as eBay, Walmart, Target, CVS, Home Depot, etc.
How Much Money Can I Make On Amazon With Online Referrals?
The earning potential of this method varies.
The amount of money you can earn with online brokerage depends on how hard you work in the business. If you online Having trouble finding products that will make a profit, so obviously you won’t make any money.
There are lucrative deals out there, you just have to look for them!
8. Work from home as an Amazon representative.
Make money on Amazon working from home.
Amazon is fast becoming one of the world’s largest employers. After purchasing Whole Foods in 2017, Amazon now has about 650,000 employees.
Naturally, all T hose employees work at Amazon’s headquarters in Seattle, Washington.
In fact, many Amazon employees are remote workers who work from the comfort of their homes.
How much money can I make as a work-from-home employee on Amazon?
About $30,000 per year as a full-time representative.
Your income as a work-from-home employee with Amazon depends on the position.
A quick look at Google shows that most of the jobs offered are in data entry and customer service.
Additionally, Amazon established a $15 minimum wage in 2018. So, at minimum, you can earn $30,000 per year as a full-time, work-from-home Amazon representative.
How can I learn how to make money on Amazon as a work-from-home employee?
Google search will help you find Amazon jobs. But, if you prefer, you can also go straight to the source: Amazon Jobs
9. Join a Mechanical Turk program.
Amazon Mechanical Turk (MTurk) is a crowdsourcing marketplace.
Amazon has a little program with a funny name called Mechanical Turk (MTurk). Whether it’s data validation, research, or survey participation, Mechanical Turk serves as a hub for outsourced tasks.
While the name may imply artificial intelligence, Mechanical Turks are actually the combined efforts of hundreds (and thousands) of remote workers just like you.
How Much Money Can I Make on Amazon with the Mechanical Turk Program?
About $120 – $200 for a 20 hour workweek.
Mechanical Turk is a little more low-maintenance than some of Amazon’s work programs, so it pays a little less.
However, online reports say mechanical turkey workers can still expect to earn $6 to $10 an hour.
How Can I Learn To Make Money On Amazon With The Mechanical Turk Program?
Just like their Jobs and Flex program, the best place to learn more about Amazon’s Mechanical Turk program is through Amazon itself: Amazon Mechanical Turk.
10. Handcraft your own items to sell on Amazon with Amazon Handmade.
If you’re creative, Amazon Handmade might be the place for you!
By invitation only, Amazon Handmade allows artisans to create and sell their goods using Amazon’s platform.
Obviously, this method takes a little more work to keep your orders on top, since you’ll be preparing them yourself. But, Amazon’s offering of your brand is huge.
Amazon Handmade can really help a large audience discover your unique products.
How Much Money Can I Make Selling Handmade Products on Amazon?
Above $30 per day.
63% of handmade artisans make more than $1,000 per month in sales, though to market to Amazon’s massive audience, your earning potential is limitless with Amazon Handmade.
Even with Amazon’s fees, handmade sellers are profitable. 33% of handmade sellers have seen a profit margin of more than 20%.
How can I learn how to make money on Amazon Handmade?
Jungle Scout has a great article on this topic. We go in-depth on how to start selling on Amazon Handmade, along with the best categories to sell in.
11. Sell your own shirts, hats, coffee mugs and more through Merch by Amazon
Have a clever idea for a shirt or coffee mug, but don’t want to spend the money to make hundreds of them?
Then Merch by Amazon is for you.
Pepper is a print-on-demand service that allows you to upload designs to Amazon’s database. Then, those designs can appear on shirts, tote bags, coffee mugs, hats – whatever you want!
When a sale is made, Amazon makes the item for you, ships it, and you make money.
How much money can I earn on Amazon with Merch by Amazon?
This way of making money varies greatly in its profitability.
When you sell an item with Merch through Amazon, Amazon will pay you a royalty fee on that sale. The royalties you earn will range from 13% to 37% — depending on the value of the product. Basically, the higher the selling price, the more royalties you’ll earn.
You can view Amazon’s complete royalty schedule by visiting the Royalties Resource page.
How can I learn how to make money on Amazon with Amazon Merch?
To learn more about how you can start selling merch on Amazon, check out our in-depth guide: What is Merchandise by Amazon? A step by step guide.
12. Sell items without any inventory via dropshipping.
If you don’t have much money to start with but want a way to make money with Amazon If so, drop shipping can be done this way!
Drop shipping allows you to list products for sale without taking ownership of the inventory. Meaning, you simply list the products for sale and once a customer places an order, you buy the product from your supplier at a lower price and ship the order to your customer.
As a seller you earn money without touching or seeing the product! Your supplier will handle all the logistics for you.
How much money can I make on Amazon by dropshipping?
This way of making money varies greatly in its profitability.
The trick to drop shipping is finding a reliable supplier. Without one, it will be difficult to make money consistently with dr. Op shipping is possible though.
How can I learn how to make money on Amazon with dropshipping?
To learn more about drop shipping and how you can get started, check out our Drop Shipping on Amazon in 2022 guide.
13. Offer Your Services Through Amazon Services.
Amazon is not just a platform for e-commerce. They are also jumping into the gig economy.
Basically, Amazon services allow businesses to sell their services online.
So, if you’re a plumber, lawn care specialist, dog walker, or piano teacher, Amazon services can help connect you with people who want your help.
How much can I earn through Amazon Services?
This way of making money varies greatly in its profitability.
sky is the limit! You make what you ask for, if the market is willing to pay for it.
Yes, it is competitive. But with the right attitude and commitment, you can quickly scale your service-based business using the Amazon Services platform.
To learn how to make money with Amazon services, visit their home page.
It gives you the information you need to get started, plus all the required application forms: Selling your professional services on Amazon.
14. Do seasonal work for Amazon with CamperForce.
Did you know that Amazon has a force of full-time RVers who help with the seasonal rush?
It’s called CamperForce, and it brings together a community of passionate RV-ers. Long story short, you can drive across the country, do a quick job at an Amazon warehouse, get paid, and then head to your next RV vacation destination.
As a CamperForce Associate, you will be able to choose your assignments based on your availability and from different locations. As far as responsibilities are concerned, they fall under the categories of picking, packing, stowing and receiving.
How much money can I earn as an Amazon CamperForce Associate?
About $600 per week as a full-time seasonal associate.
All Amazon warehouse associates earn at least $15 an hour. But for CamperForce workers, Amazon also pays for RV campsites.
And because they’re Amazon employees, CamperForce associates also benefit from Amazon’s 401k, health insurance and other bonuses.
How can I learn how to make money on Amazon as a CamperForce Associate?
Amazon’s CamperForce home page tells you everything you need to know about the program: Amazon CamperForce.
15. Work in one of Amazon’s fulfillment/distribution centers.
Finally, here’s one that’s been in the news a lot lately: working in one of Amazon’s massive fulfillment centers.
Amazon associates pick, pack, store, and ship products for Amazon and its first- and third-party sellers.
How Much Money Can I Earn Working at Amazon Fulfillment Center?
About $30,000 per year as a full-time associate.
Amazon warehouse associates earn at least $15 an hour. They also receive benefits from the company.
How do I get a job as an Amazon Warehouse Associate?
You can learn more about becoming an Amazon Warehouse Associate and apply on their jobs page: Amazon Jobs
Make that money this year!
So there you have it. Fifteen Awesome Ways to Make Money on Amazon
I’ll say that there are probably more ways than the 15 I’ve listed (for example, drop shipping might be more your style), but for now, this list should get you started on the right path. Should.
