Other entrepreneurs agree that this strategy is viable. Lee notes that sales of her books lead to sales of her consulting services, and that a book on Amazon can be a marketing channel to sell other products and services. “We sell books that you read and books that you work through (workbooks), and we spend two hours a week marketing the books on social media and to our email list.” “Anytime I’m looking for a book, I go to Amazon first,” says Tae Lee, an Amazon-published author and founder of The Money Maximizer, a company that helps consumers build generational wealth. If you want to write and publish a book quickly, Amazon is a great place to self-publish and start selling your masterpiece. Here are four viable ways to make money with your own Amazon page if you’re getting started today.ĥ0% of Americans believe they have a good idea for a book, according to a poll of 2,000 people led by OnePoll in partnership with ThriftBooks, a book reseller. #Amazonpay dailysales professionalIn addition to the methods listed below, you could use Amazon as a marketing platform to sell low-cost products, introduce customers to your company, and later sell professional services or other larger offers. 4 Ways to Make Money on AmazonĢ.45 billion people access Amazon each month, according to research published by Statista, a data analytics company. #Amazonpay dailysales how toHere’s what you need to know about how to make money on Amazon – along with advice from experts who are doing it. Between Fulfillment By Amazon (FBA), book publishing, private labeling products, and the Amazon associates program, there are many different ways to tap into Amazon’s loyal customer base and create a new stream of income. In 2021, 50% of Amazon’s $469.8 billion in net sales came from third-party merchants, according to the company’s recent press release. We got enough cash in royalties to quit our jobs.” would then make us $200 a month in recurring revenue. We outsourced the writing, editing, and cover creation. “We published eighty Kindle books on Amazon. of Amz Advisers, a company that helps brands grow on Amazon. “My best friends and I started a Kindle publishing company with $200 nine years ago,” says Steve Cicalese, an ecommerce entrepreneur and C.E.O. For more information, see How We Make Money.Īmazon is a cash machine, and there are ways to sell products that don’t require a significant time or financial investment to get started. Some links on this page - clearly marked - may take you to a partner website and may result in us earning a referral commission. We want to help you make more informed decisions.
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