24 Jul 2022

Simple Ways to Make $5k Every Month on Amazon


If you’re worried that you’ve missed the e-commerce boat, don’t worry. It’s just getting moving.


While several ecommerce companies like Ebay, Shopify, Walmart, and Etsy can make selling products online easy, in my experience, the best way to make money online is with Amazon.


Amazon is a huge opportunity for those who want to join the world of e-commerce. In 2020, Amazon raked in $386 billion in revenue — over half of which was fueled by third-party sales. 


But what can you do to get a piece of the Amazon pie?


There are tons of great ways to earn cash on Amazon, so to help you find what method might work best for you, this article dives into the top ways to make money on Amazon in 2022.


Let’s get to it!


 


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 Amazon’s Fulfillment by Amazon (FBA) network. Around 67% of all Amazon sellers run their business using the private label method. 


Private label is a process of manufacturing a pre-existing item (preferably, with product improvements), putting your branding and logos on it, and selling it to consumers. Sometimes it is referred to as white labeling or brand creation. (The process 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 deliver your products (typically in two days or fewer — what you likely know as Amazon Prime). This is how e-commerce business owners —l ike you and me — can list goods on Amazon and make money from the sales.


How much money can I make selling private label products on Amazon?

Approximately $625 to $1,875 per month per product.

Over half (56%) of private-label sellers earn $5,000 or more in monthly sales, and nearly two-thirds (59%) have profit margins over 16%. Among private-label sellers who have more than a year of selling experience, 20% have earned over $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, check out Jungle Scout’s The State of the Amazon Seller Report.


 


2. Publish your own books on Kindle Direct Publishing

Amazon Kindle Direct Publishing (KDP) allows you to publish your own books on Amazon.


In addition to digital format, you can print actual copies of your book too. 


The only catch with this option is that you usually need to write somewhat prolifically in order to find success. Though it is possible to publish one or two wildly popular books, volume is the true name of the publishing game.


The more you write, the more you make.


How much money can I make writing for KDP?

Up to $40,000 per month.

I’ve heard that some authors make as much as $40,000 per month. These writers, however, tend to be prolific and write topically to gain notice.


Once you write the material, you don’t have to write it again! Nor do you have to worry about inventory.


How can I learn how to make money on Amazon with KDP?

While I don’t know of any specific course I trust for teaching this particular method, I do trust Tim Ferriss.


And, coincidentally, the serial entrepreneur wrote an interesting article on how to become a Kindle millionaire.


It’s definitely worth a read if you want to make money on Amazon with KDP: How to make $1,000,000 selling e-books tactics and case studies.


 


3. Sell wholesale goods on Amazon


Similar to Private Label, selling wholesale involves purchasing bulk quantities of product to sell using Amazon’s FBA network.


The primary difference, however, is that you are selling other companies’ products. Therefore, you don’t have to worry about manufacturing and branding the products.


For a lot of sellers, it’s 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 wholesaling on Amazon has become notoriously more difficult in the last few years, it’s still a great way to earn money.


Note that it is a lot more competitive than the private-label market — since you’ll likely be sharing the Buy Box with other resellers. So it can sometimes be a “race to the bottom” on prices where the only “lever” sellers have to compete with each other is through lowering their price relative to their competitors.


Plus, the profit is all in the buy. If you can’t buy your goods for a low enough price, you won’t make money.


Still, 61% of wholesale sellers on Amazon make $5,000 or more in monthly sales — which is nothing to sniff at.


How can I learn to make money on Amazon selling wholesale goods?

Check out our guide to selling wholesale on Amazon. Once you’ve learned the basics, you can use Jungle Scout’s Product Database to sort and find worthwhile products to sell.


 


4. Deliver goods for Amazon

By now, 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 deliveries.


How much money can I make on Amazon working as a Flex driver?

Approximately $100+ per day.

According to Flex’s homepage, Amazon pays drivers between $18 – $25 per hour, and the shifts are typically five hours long.


I’ve also read stories that even if drivers finish their shifts early, they still get compensated for the entire five hours.


Not a bad deal for $100+ per day.


How can I learn to make money on Amazon as a Flex driver?

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, publish how-to videos or recipes, or otherwise get your thoughts and ideas published? You can make money from Amazon while doing that! 


Picture this. You find a cool product on Amazon, send your friends the link, and – if they buy it – you get paid a commission. On your blog (or social media page or even in email), that link goes out to quite a few more folks, so you can make quite a bit more money in commissions. 


That’s how Amazon’s Associates program works.


Amazon Associates is an affiliate program where you sign up to get special 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 make as an Amazon affiliate?

This money-making method varies greatly in its returns.

The Amazon Associates program is probably the most popular affiliate program on the internet.


While the commission percentages aren’t particularly high – usually only 3-5% – the conversion rates and volume you receive from sharing those links make up for it.


The downside is that you need to be an internet influencer. If you don’t have a decent social media following (or blog), making a lot in sales commissions will be difficult.


How can I learn 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 get started making money promoting Amazon products.


  


6. Flip store-bought products with retail arbitrage

If you used to watch the U.S. version of “The Office,” you might remember the episode where Dwight bought up all the Princess Unicorn dolls around Christmas time. His plan was to sell them for $200 (or more) to last-minute shoppers.


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 mark-up.


How much money can I make doing retail arbitrage on Amazon?

The earning potential for this method varies.

Retail arbitrage can be competitive and difficult to scale but is still a fast and low-cost way to start making money on Amazon  You can make as much or as little as you want with retail arbitrage. 


Though to be an arbitrage seller, you need to have patience. Many times, sellers can spend the better part of a day or weekend searching retail stores for products only to come up empty-handed.


But don’t let that deter you—A lot of people start their Amazon selling journey using this method.


How can I learn how to make money on Amazon with retail arbitrage?

Frank Wealth has a great guide on selling retail arbitrage that goes over how to get started finding great products to flip on Amazon.


 


7. Flip online retail store products using online arbitrage

With online arbitrage, you’re buying products to flip on Amazon from other e-commerce stores, versus buying products in-store as you would with retail arbitrage. 


With retail arbitrage, you’re limited to physical stores in your area but with online arbitrage, the possibilities for purchasing inventory are nearly endless. There are opportunities to flip products from many online retailers such as eBay, Walmart, Target, CVS, Home Depot, and so on.  


How much money can I make on Amazon with online arbitrage?

The earning potential for this method varies.

The amount you can make with online arbitrage really depends on how much effort you put into the business. If you have trouble finding products online that will return a profit, you obviously won’t make any money. 


There are profitable deals out there, you just have to go find them!


 


8. Work from home as an Amazon rep

Make money on Amazon while working from home.

Amazon is quickly becoming one of the largest employers in the world. Following their purchase of Whole Foods in 2017, Amazon now has approximately 650,000 employees.


Naturally, not all of those employees work at Amazon’s headquarters in Seattle, Washington.


In fact, many of Amazon’s employees are remote employees who work from the comfort of their own home.


How much money can I make on Amazon as a work-from-home employee?

Around $30,000 per year, as a full-time rep.

The income you make as a work-from-home employee with Amazon depends on the position.


Doing a quick look on Google, it looks like most of the jobs offered are in data entry and customer service. 


Furthermore, Amazon established a $15 minimum wage in 2018. So, at the very least, you could make $30,000 per year as a full-time, work-from-home Amazon rep.


How can I learn how to make money on Amazon as a work-from-home employee?

A Google search will help you find Amazon jobs. But, if you prefer, you can also go straight to the source: Amazon jobs


 


9. Join the 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 participating in surveys, Mechanical Turk works as a hub for outsourced tasks.


While the name might imply artificial intelligence, Mechanical Turk is actually the combined efforts of hundreds (and thousands) of remote workers like you.


How much money can I make on Amazon with the Mechanical Turk program?

Approximately $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.


Nonetheless, online reports say that Mechanical Turk workers can still expect to make between $6 to $10 per 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 through Amazon Handmade


If you’re creative, Amazon Handmade may be the spot for you!


By invitation only, Amazon Handmade allows artisans to craft and sell their own goods using Amazon’s platform.


Obviously, this method takes a bit more work to stay on top of your orders, since you would be producing them yourself. But, the exposure Amazon offers your brand is massive.


Amazon Handmade can really help a large audience discover your unique products.


How much money can I make selling handmade products on Amazon?

Upwards of $30 per day.

63% of Handmade artisans earn over $1,000 per month in sales, though with Amazon’s massive audience to market to, your earning potential with Amazon Handmade is limitless.


Even with Amazon’s fees, Handmade sellers are profitable. 33% of Handmade sellers have seen profit margins above 20%.


How can I learn how to make money on Amazon with Amazon Handmade?

Jungle Scout has a great article on this topic. We go over in-depth on how to get started 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 create hundreds of them?


Then Merch by Amazon is for you.


Merch is a print-on-demand service that allows you to upload designs into Amazon’s database. Then, those designs can appear on shirts, tote bags, coffee mugs, hats–whatever you want!


When a sale is made, Amazon creates the item for you, ships it, and you make money.


How much money can I make on Amazon through Merch by Amazon?

This money-making method varies greatly in its returns.

When you sell an item with Merch by Amazon, Amazon will pay you a royalty fee on that sale. The royalty you earn will be anywhere from 13% to 37%—depending on the product’s price. Basically, the higher the sold price, the higher the royalty you earn. 


You can see Amazon’s full schedule of Merch royalties by viewing the Royalties resource page. 


How can I learn how to make money on Amazon through Amazon Merch?

To learn more about how you can get started selling Merch on Amazon, check out our in-depth guide: What is Merch by Amazon? A Step-by-Step Guide.


 


12. Sell items without owning any inventory by dropshipping 

If you don’t have much money to start with but want a way to earn money with Amazon, dropshipping may be that way! 


Dropshipping allows you to list products for sale without ever taking ownership of the inventory. Meaning, you simply list products for sale and once a customer places an order, you buy the product from your supplier at a lower price and have them ship the order to your customer. 


You as the seller earn money without ever touching or seeing the product! Your supplier will handle all of the logistics for you. 


How much money can I make on Amazon through dropshipping?

This money-making method varies greatly in its returns.

The trick with dropshipping is finding a reliable supplier. Without one, it will be difficult to consistently make money with dropshipping though it is possible.


How can I learn how to make money on Amazon through dropshipping?


To learn more about dropshipping and how you can get started, check out our Dropshipping on Amazon in 2022 guide. 


 


13. Offer your services through Amazon Services


Amazon isn’t just a platform for e-commerce. They’re jumping on board the gig economy, too.


Essentially, Amazon Services allows entrepreneurs to sell their services online.


So, if you’re a plumber, a lawn care specialist, a dog walker, or a piano teacher, Amazon Services can help connect you to people who want your help.


How much can I make through Amazon Services?

This money-making method varies greatly in its returns.

The sky is the limit! What you make is what you ask for, if the market is willing to pay it.


Yes, it is competitive. But with the right attitude and determination, you can scale your service-based business quickly using the Amazon services platform.


To learn how to make money with Amazon Services, check out their homepage.


It gives you the information you need to get started, as well as all the requisite 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 seasonal rushes?


It’s called CamperForce, and it brings together a community of enthusiastic RV-ers. Long story short, you can drive around the country, work a quick job in an Amazon warehouse, get paid, and then head to your next RV vacation destination.


As a CamperForce associate, you’ll be able to choose your assignments based on your availability, and from a variety of locations. As for responsibilities, they fall into the categories of picking, packing, stowing, and receiving.


How much money can I make as an Amazon CamperForce associate?

Around $600 per week, as a full-time seasonal associate.

All of Amazon’s warehouse associates earn a minimum of $15 per hour. But for CamperForce workers, Amazon also pays for RV campsites.


And because they are Amazon employees, CamperForce associates benefit from Amazon’s 401k, health insurance, and other bonuses, too.


How can I learn to make money on Amazon as a CamperForce associate?

Amazon’s CamperForce homepage tells you everything you need to know about the program: Amazon CamperForce.


 


15. Work in one of Amazon’s fulfillment/distribution centers

Finally, this is 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 make working in an Amazon fulfillment center?

Around $30,000 per year, as a full-time associate.

Amazon’s warehouse associates earn a minimum of $15 per hour. They also receive benefits from the company.


How can 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 fantastic ways to make money on Amazon.


I’d go as far to say that there are probably even more ways than the 15 I have listed (for example, dropshipping might be more your style), but for now, this list should get you started on the right path.


If you know of additional ways to make money on Amazon, be sure to let us know in the comments below. Good luck!


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21 Jul 2022

How to Make Extra $2,000 from Tiktok every month



At the end of this answer, i will show you how you can get 20,000 TikTok Followers, so make sure to follow with me till the end!

TikTok has grown dramatically over the past few years, crossing one billion monthly active users in 2021.

Along the way, it's created a new generation of digital stars like Charli D'Amelio and Addison Rae Easterling who converted their TikTok fame into lucrative business empires.

But you don't need to have millions of fans to start making money on TikTok. There are myriad ways that users of the app can get paid, from using built-in monetization features to joining promotional campaigns for brands and music marketers.

For example, TikToker Lucy Davis, who has around 578,000 followers, told Insider she earns between $20 and $300 each time she livestreams on the app. (Read more about how much Davis earns.)

Making money directly from TikTok

TikTok offers built-in monetization tools for influencers, including a creator fund, a tipping feature, a subscription feature for streamers, and a virtual "gifts" product that allows users to send gifts to a creator which can then be converted into a real-world currency.

TikTok requires that creators have a certain number of followers and views to access these features:To join TikTok's creator fund: a creator must be 18 years or older, have at least 10,000 followers, and have achieved at least 100,000 video views in a 30-day period.
To receive virtual "gifts" during a livestream: a creator must be 18 years or older and have at least 1,000 followers.
To receive "gifts" on other videos: a creator must be at least 18 years old and have at least 100,000 followers.
To receive "tips": a creator must be at least 18 years old and have at least 100,000 followers.

The amount that an influencer can earn from each feature is unpredictable.

For payments from TikTok's creator fund, the company takes into account a variety of factors, such as video views, video engagement, the location in which a video was seen, and total participants in its program.

Some creators who have disclosed their TikTok creator fund earnings, including Hank Green, said they were paid a few cents for every one thousand views they generated on the app.

"When I saw such a low amount of money generated, it really made me feel less about myself," TikTok creator Kevin Yatsushiro told Insider. "It was a huge blow to my mental health ... it made me not want to create content anymore."

When asked about creators' concerns around low fund payouts, a TikTok spokesperson said the company understood "how important it is that our creators are appreciated for their work and look to our creator community for valuable feedback to better serve their needs." They pointed to other monetization features like live subscriptions that are available to users.

Making money by working with brands, marketers, and tech platforms

TikTok creators with just a few thousand followers can also make money by working directly with brands.

Jalyn Baiden, an Instagram and TikTok influencer with around 19,000 followers on TikTok, told Insider that she's earned over $26,000 from sponsorships, commissioned content for brands, and affiliate marketing.

Making money through sponsored song challenges

Other TikTok influencers can earn money by participating in sponsored challenges, an advertising strategy that's been particularly popular among music marketers. Challenges allow record labels, artists, or brands to post contests on platforms like Pearpop, Preffy, and TikTok itself that ask users to make a video featuring a product or using a particular song.

Preffy and Pearpop pay users on a sliding scale based on the number of views and "likes" they drive to a video featuring a song or brand, rather than offering an upfront flat fee to a single influencer. TikTok has been testing its own version of challenges that it's dubbed "Branded Missions." The company told Insider it's experimenting with different payment models and that "boosted traffic" will also be considered a form of compensation.

"The initial way influencer marketing would work would be you would go and pay a few people with big followings, but it would be like throwing a few big logs onto a non-existent fire," Pearpop's cofounder Cole Mason told Insider. "With challenges, there's a way to actually start the fire."

8 Practical Ways to Escape Poverty

 


Are you concerned about breaking the chains of poverty? If yes, then this article is for you.

Let’s begin 8 Practical Things You Must Do To Escape Poverty


1.     Stop being Entitled

It’s not circumstances that keep us where we are; it is what we think and say about ourselves. But seeing yourself as deserving success is one thing; getting other people to see you that way is another. You may feel you deserve to be handed a job because you spent five years of hard work studying at the university. But for other people, you are just another millennial that has a lot to learn.


You may think you deserve special treatment because you have suffered abuse and extreme poverty in the past; but most people are too busy dealing with their own problem.


People only respect previous results. That is why success continues to beget more success. If you are searching on “How to build a parachute” online and two videos show up; one has 415 views, the other has 1.5 million views, which are you going to choose? That’s it. You’ll choose the more successful one. It is why Samsung phones and iPhone continues to outsell the new phone companies. People unconsciously value sacrifice and result. They expect you to pay your dues.


If you haven’t done anything worthy of accolades, and you go about making demands, you are just being entitled. Get to work building your profile. Go out and start doing that thing you believe is beneath you. Learn that handiwork. Take up that job you believe is below your qualification. No one is going to lay that foundation for you; you have to do it yourself.


2.     Remove Yourself from the statistic of the Poor

The first step to help the poor is to not be one of the poor. With the limitless knowledge and resources available today, it will be too selfish of you to remain poor. Here is why.


By using the resources within your disposal to get out of poverty, you mathematically reduce the number of poor people in the world, not just by one but by many. That knowledge; that idea; that skill you have, can help take care of two, three or more people. It will be unfair if you don’t develop it.


Another important reason to remove yourself from the poor is that – If you want to get what you don’t have, you have to do what you have never done. Poverty comes with a lot of mental baggage. You can’t become a person of success while still identifying yourself as poor. Eliminate all those labels associated with poverty from your lips. Stop referring yourself as among “the poor masses”. Start surrounding yourself with progressive people.


3.     Stop caring what other people think, unless they are buying from you

Little minded people are like crabs. You’ve probably heard about crabs, haven’t you? If you put, let’s say 47 crabs inside a bucket without covering the lead, none of them will be able to get out. In reality, they could simply climb on each other and find their way out; but not these creatures. They will rather pull down anyone of them that tries to find their way out. In their mind, “we all die here”. Little minds who don’t have the courage to work themselves out of their below average life, are often fond of talking down on people who want to try. These people will rarely support or patronize what you offer. But they’ll be the first to tell you why this is not for you.


If your strategy in life is to end up pleasing everyone, you will end up miserable; trapped in the same mess. So, you must train yourself to ignore crab minded people. Let them keep their opinion while you keep your dream alive.


4.     Start seeing ‘yourself’ in Successful people

We are all humans; and we have the natural tendencies to be selfish. Even religions depend on “What’s in it for the convert” like eternal life and prosperity. Poor people see these attribute of selfishness as belonging to the rich, so they portray this false humility to mask their true desire. The truth is that you can’t become what you hate. If you continue to see progressive people as antagonists, you’ll never understand what it’ll take to make progress.


 No doubt, some people take their greed and selfishness to the extreme and only live to oppress other people. But the magic is to understand this inherent human nature, that everyone you meet is first and foremost more interest in “what’s in it for them”. People are always thinking about themselves. With this knowledge, start focusing more on what people want and what you can offer them. Jim Rohn puts it clearly, “you can have all you want in life if you can help as much people get what they want”. Turn the focus of your life towards identifying and providing what other people want and you will be on your way to getting what you want.


5.     Learn a skill and get good at it

On a deeper level, the problem of poverty is not lack of money but lack of skill. The best strategy to escape poverty is to learn a skill people want to pay for. Interestingly, there is an avalanche of free resources to help you develop and brush up your skills; from programming, design to marketing skills. There is also carpentry, shoe making, car mechanic and other handwork. This is where you need to keep your entitlement mindset to check. As long as you are doing decent work, and earning a living off it, you should be confident and proud of what you do.


6.     Move your service from intermediate to professional

Listen attentively to this. People do not hire you or patronize your business or service because they want to help you get out of poverty. They do so because they need to solve a problem. Many people get trapped in the circle of poverty and mediocrity by offering poor and nonchalant services. They go about their work like hunting; every encounter is hunt and kill. They leave each prospect bitter and vowing never to patronize them again.


Don’t toll this path. Instead, keep in mind that people are inherently selfish; they want to be treated well; they want good result. Focus on helping them get what they want, so that you can get what you want. Instead of treating your work as hunting, decide to treat it as gardening. If you are in business, you need repeat patronage; in the professional world, you need referrals and recommendations. Don’t go about burning your bridges. Start cultivating positive relationships around your work.


7.     Learn to sell

What do you think is the highest paid profession in the world? It’s not medical doctors or engineers. The highest paid profession in the world is sales. The richest people are the best at selling; whether it’s selling their vision, their product and service or their skills. They are masters at selling.


The ability to sell is not reserved for a few set of people. Anyone can learn this skill. The problem is that most people spend too much time on the product and too little on selling what they have. If you want to escape poverty, the ability to sell can get you out faster than any other skill. There is no best-written author, but best-selling author.


8.     Take Back Control of Your mind

Most of your opinions are not original. They were adopted from your environment into your mind. Each time you turn on the TV, go on social media, listen to people around, your mind is getting suggestions on opinions to hold or to let go.


Here is an example. Do you know that mega supermarkets are designed to make you buy more than what you had in mind to buy? You walk in to get a deal on one item and you walk out buying a cart full of items; some of which you don’t need. How would you explain that almost everyone in Africa seems to fanatically support a football club in England or Spain? Or that millions of people lost their money in a ponzi scheme that promised 30 percent interest every month.


If you take the time to ponder, you will realize that you are not as in control of your mind as you think. You will realize that some of the things you spend time, energy and money on are actually not worth much. Your mind is your most valuable asset. Take back control of it by deciding what you let into it. Read books and stories that inspire you to dream and take productive action. Invest in yourself.


This is where we wrap it up. Let us know your thoughts in the comment section. Also thumb up and share this video with your friends. If you are yet to subscribe to After School Africa, now is a good time to subscribe. Until next time YOUR SUCCESS MATTERS!