How To Make Money On Amazon Without Selling Products? 8 Best Ways
Amazon is the biggest e-commerce store in the world. Thus, there are millions of e-commerce stores that earn millions of dollars per month by selling different types of products. However, starting an e-commerce store is far from cheap. You need to make a lot of investments to buy products and put them in the store initially without even knowing whether or not you’ll succeed.
But, what if you don’t have any money and you want to earn on Amazon without selling anything? Is it even possible? Yes, it is possible. Now the question is, how to make money on Amazon without selling any products? That’s what this ultimate guide is going to be about.
Ensure you go through this article till the end so you can learn everything in a good way.
Let’s head over to our topic without being late.
How To Make Money On Amazon Without Selling?
Making money without selling anything on Amazon is possible. There are a lot of things that you can do. such as,
- Join the Amazon Affiliate program.
- Promote Your eBooks.
- Review Products.
- Buy and Resell Products.
- Compile Book Lists.
- Invest in Amazon stocks.
- Selling your profitable deals to a deal broker.
- Merch by Amazon
1) Join the Amazon Affiliate program.
The first way of making money from Amazon without selling anything is to join the Amazon affiliate program. When you join the Amazon affiliate program, then you earn by promoting the products of Amazon. What is the Amazon Affiliate program? This is a program that Amazon offers.
When you join this program, Amazon associates you with it as an affiliate. Then, whatever product you want to promote, you can search for it and get its referral link from Amazon. You have to promote the products and make people purchase them through your referral link. You can either put the products on your website or promote them on YouTube. It’s all up to you. And whenever any buyer buys the product from your referral link, you get a commission, which is usually 4%.
However, it may vary depending on the type of product you’re promoting. In the Amazon Affiliate program, you don’t have to sell anything. All you have to do is refer Amazon products to the people and then earn a commission on each purchase. Isn’t that amazing?
2) Review Amazon Products.
What if you could earn money by writing reviews about products you enjoy? Yes, you heard that right. You can make a lot of money by reviewing products on Amazon. First of all, you need to have a website on which you’ll be giving the reviews. Once the site is set up, you have to join the Amazon Affiliate program. Yes, the one that we talked about at the beginning.
After becoming an Amazon Affiliate, you now have to select the products and then start writing reviews about them. This procedure is also called Affiliate marketing. What is Affiliate marketing?
When you promote Amazon products and earn a commission when buyers buy them through your referral link, this is called Affiliate marketing. This means you’re marketing as an Affiliate.
How will you write reviews? Either you buy the products from Amazon and then write reviews about them, or you can read the existing reviews on Google about the products and then write them in your own words. Both of the methods will work. You can go for either of them.
3) Buy And Resell Products.
This is another effective strategy for generating passive revenue from Amazon without making any direct sales.
Purchasing items to resell on Amazon FBA (Fulfilled By Amazon). This is known as “private labelling,” and it’s the simplest way to launch your own company and capitalise on eCommerce’s enormous potential.
4) Compile Book Lists.
Amazon users are free to create their own lists and sell them for a profit.
Consequently, making and sharing Amazon book lists is a fantastic and simple way to make money from Amazon. This can be done using your current library or a list of books you no longer desire.
Make a list of the things you wish to sell and register for an account on a website like BookScouter. That’s all you have to do. Now, put prices on your list and then leave them. The buyers will come and buy them, making you a passive income from day one without even selling anything.
5) Give Your EBooks To The Buyers For Free
I know, this may sound eccentric to you, but hear me out. Everyone loves free things. Ask yourself, “Won’t you love it if someone gave your favourite book for free? Obviously, you’ll love it. Likewise, buyers enjoy receiving free ebooks as well. But how on earth will you earn money by distributing your ebooks for free?
There is a little trick for this. You can ask the buyers to pay for the delivery charges and get the product for free. Since there will be a lot of buyers who want to get your ebooks for free, they’d love to pay the delivery charges as well. This way, you’ll be making money on Amazon without selling anything directly on Amazon. It’s also a very cheap method. But, how can you do that?
You can begin offering free shipping right away by establishing your own fulfilment system with the FBA (Fulfilment by Amazon) system! Start promoting your eBooks on social media sites like Facebook, Twitter, and so on as the next step. Also available on YouTube.
Write a succinct explanation of what readers may expect to find inside the book, then design an eye-catching book cover. Ask people who are members of specialist groups linked to your books if they would enjoy receiving a free copy, with the exception of shipping.
Isn’t this method amazing to make money on Amazon without selling anything?
6) Invest in Amazon stocks.
The shares of Amazon are booming these days. Along with the passage of time, Amazon is getting bigger and bigger, So does the price of its shares as well. So, what you can do is invest in the stocks of Amazon by buying some shares in it. And, when the share price goes up, you can sell them out. That’s it. Obviously, it’s risky, but it can really make you a millionaire.
7) Merch By Amazon
Merch by Amazon is not only a good way of earning money from Amazon without selling physical products, but also the most fun. If you’re a designer and you like making designs, then don’t just destroy them or let them get dust in your cupboard. Instead, click the pictures of these design picks and upload them on Amazon.
Amazon will then list your design on their website. Most of the buyers like getting different types of designs printed on their shirts. If your designs are attractive enough to attract users, then users will end up buying your designs. Amazon will then take the customer’s order, make your design on their shirt, and then deliver it to them. Once Amazon gets the payment, you get your cut. That’s impressive. Isn’t it?
8) Become Amazon Virtual Assistant
You must have heard about the Amazon virtual assistant. If you haven’t heard about it, let me tell you. An Amazon virtual assistant is a person who manages the business of others on Amazon. Usually, people who are very busy and can’t give time to their Amazon stores hire virtual assistants.
The assistant creates the content for the store, does keyword research for the new products, does product sourcing, and manages everything in the store. Remember, Amazon virtual assistants are in high demand these days. If you’re one of them, then you’ll be earning a very good amount per month without selling anything physical on Amazon.
How to Become an Amazon Virtual Assistant? It’s not that difficult. You’ll have to enrol yourself in an Amazon assistant course where you’ll be taught everything about the eCommerce business, Amazon stores, and whatever businesses are available on Amazon.
And once you’re done with the course, you can then start working as an Amazon virtual assistant.
These are the ways to earn from Amazon without selling any physical products. All of them are very easy. Just give them a shot.
Related: HOW TO EARN MONEY ONLINE AS A STUDENT
1) Is it easy to make a profit on Amazon?
Yes, it is easy to make a profit on Amazon. However, you’ll have to learn about amazon completely first to make a profit from it.
2) Can I start Amazon FBA without money?
Yes, you can. It costs you nothing to register as an Amazon individual seller.
2) Can Amazon FBA make you rich?
If you put in enough effort, you might join the top 6% of earners, who each month bring in more than $250,000. You will see that, sure, Amazon FBA may make you wealthy once you consider the fact that they work less than 30 hours per week on their business on average.
There are many ways to make money on Amazon without selling anything. For example, you could join the Amazon affiliate program, promote your ebooks, become a virtual assistant, or invest in Amazon stocks or merchandise. All of these methods are amazing for making money on Amazon. Just choose the one that you’re interested in and go for it. You’ll surely succeed.
So, now you know how to make money on Amazon without selling physical products. If you have any questions related to this topic, then please let us know in the comment section. I’d love to help you out.