Make Money With Amazon
There is no doubt that amazon.com is a money making monster, not only for its founder but for everyone involved. Did you know that basically everyone with a computer and an internet connection can make money with Amazon?
Well, yes! Amazon.com has a wide variety of options when it comes to using its platform as a money printing machine: you can become an amazon seller, you can offer your services, you can sell your own apps and self-publish your books or music.
But there is a more novel approach to money making offered by amazon to make what is known as a passive income for yourself, and that is by becoming an amazon affiliate, which will allow you to make money off selling stuff on amazon without having to stock products of your own!
What is an Amazon Affiliate?
To understand what an amazon affiliate is, you need to learn what affiliate marketing is first, and affiliate marketing is nothing but promoting products sold by others in order to drive a sale and earn money by commission.
In this case you will be earning money off of products being sold on the amazon marketplace.
How do you become an amazon affiliate?
Becoming an amazon affiliate is as simple as going to the amazon homepage and logging in to your amazon account, then scrolling all the way down to the “make money with us” section and clicking on “become an affiliate”.
How do you make money with amazon as an affiliate?
To make money with amazon as an affiliate you will simply have to promote products from the amazon marketplace, and with over a million products available it should not be hard to find a good product and a ready to buy audience for it.
And there a lot of product categories that you can promote, from video games to televisions, from pc components to toys and jewelry.
What’s more, you will be able to promote stuff from broader categories such as amazon gift cards, digital music and amazon devices, with commissions ranging from as low as 4% to as high as 10% depending on the category!
Now, how do you promote these items to make money? The answer to that is that you have multiple channels to promote your offers from, the most popular being affiliate websites, but you can easily use social media pages as well.
You can link to any amazon product by simply grabbing the item URL from amazon itself whether from your website or by way of Facebook or twitter updates, to give you an example.
You can also use customized product links to show product information on your affiliate sites, as well as stylish graphical banners.
Another stylish and practical way to monetize your amazon oriented content are the “aStores”, which are simple yet elegant product feature websites to earn affiliate commissions the easiest way.
You will only need to offer value to your referrals by creating product oriented content to guide people into making informed purchasing decisions!
Make Money With Amazon – Why Amazon Affiliate Marketing is your best choice
So far you have been able to see how it is that amazon.com can be a goldmine for anyone interested in putting in the effort to help amazon push sales of products in its own marketplace, but you are also aware that amazon did not invent this business practice.
In fact, affiliate marketing is one of the most popular ways to monetize web content and there are people out there killing it with what are commonly known as “CPA” or “cost per action” networks, and you might be tempted to try that out too.
But the truth is that, as good as CPA networks are, they come with their own disadvantages, one of them being how difficult it is to get started on any CPA network.
Another disadvantage of promoting CPA offers from these networks is that they sometimes can look spammy.
As an amazon affiliate though you will have the backing of the most recognizable brand in the online retail space, and people won’t think twice on clicking any link that leads to an amazon product page because everybody loves and trusts amazon to an insane degree!
So let’s take a quick look at reasons why amazon affiliate marketing is the best choice for you!
Amazon is a trusted brand
We already mentioned that amazon is a loved and trusted brand, but how far does this go? Well, amazon.com is the number one ecommerce retailer, visited by over 250 million people in any given month.
Ask anyone where they last bought something online and they will tell you that they did it on amazon!
High Commissions that add up
With a base rate of 4%, you might think that making money on amazon would take you a lot of time, but keep in mind that these rates add up with each sale, and that rates can go up to 10% depending on the product category.
You earn by each sale, not by product
Basically, every affiliate network out there will pay you only when you make a sale for a specific product or service, but amazon makes you money for every purchase made by anyone that lands on amazon through any of your affiliate links.
So, it doesn’t matter if you are promoting treadmills and somebody instead buys a TV through your amazon affiliate link, you make money off each sale!
This means that if someone ends up making a $5,000 purchase through a link leading to a $10 product, you still make a commission off that $5,000 sale!
It is easy to set up
Becoming an amazon affiliate will only take you about 5 to 10 minutes of your time. You will simply need to login to your amazon account, then sign up to the amazon associates program and you are good to go!
The days of waiting a week to be accepted into an affiliate network are over! Besides, it is really, really easy to integrate the affiliate links to your affiliate sites!
Picking a Hot Amazon Niche
It is easy to get drawn in by the possibilities offered by becoming an amazon affiliate, especially because it allows you the luxury of running a business with the economic benefits of ecommerce without the logistical headaches!
But now you might be wondering “how do I get started?” Well, as with everything good and profitable in life, you need to start in incremental steps, and you have to start by thinking about what you are going to promote in order to make some good money as an amazon affiliate.
What? Did you think that this would be as easy as just putting a lot of amazon product links on a website and then calling it a day? Well good luck with that!
Because the first step into becoming a successful affiliate is finding out the type of niche products that are going to make you the most money as an affiliate!
Start by Checking The Advertising Fee rates
We recommend you take a look at the advertising fee rates associated with each product category before picking a niche to promote, because these fee rates combined with the price of your final sales will determine the final commissions that you earn through your amazon affiliate sales.
To find these advertising fees simply go to the amazon associates homepage at “affiliate-program.amazon.com” and click on “advertising fees”. Scroll down to the “Fixed Standard Program Fee Rates for Specific Product Categories”, where you will find the current fee rates for specific product categories.
As you can see, fees vary from category to category, and some are higher than others. This will be important in one of our next steps.
Find Popular And Best Selling Categories
A good starting point is to simply select to promote niche products that belong in very popular categories. A good way to find popular categories and best seller products is by going to “amazon.com/bestsellers”.
There you will find up to date and real time information about which products and niches are the most popular among amazon customers.
You shouldn’t be surprised to learn that the most popular niche products are consumer goods and every day products from categories such as clothing, electronics, pet care, baby care, personal care, appliances, automotive, fitness, sports, and home improvement.
You can find these popular categories listed on the left side of the page.
An easy way to figure out when products in a niche are selling like hot cakes is when their categories are featured on amazon’s best sellers section, such as in the case of the “electronics” category here, which we are going to check.
Look For High-Priced Products to Promote
Once you find a cool, popular category, make sure that there are actually products that can make you a fat and steady profit in there. You see, there are two approaches to earning by commission as an affiliate: you either earn by selling tons of low priced products or you earn big by selling high priced products.
Take for example that you decide to promote cheap Bluetooth headphones just because they sell fast, but have in mind that a low priced product won’t make you much relative to the product’s fee rate, and that most of these items are bought directly from the marketplace.
The best approach then is to find a niche with high priced items. In our case, we are going to select “home theater systems” as our niche because home theater systems are some of the most expensive items found in the “electronics” category.
Another benefit of picking high priced niche products to promote is that people spending high amounts of money on a single product like to make informed purchases.
They tend to search for information on multiple sites before deciding over a product, which will direct organic search engine traffic to your affiliate site.
Another benefit is that high price items are bought by a portion of the population with good spending power, which means that people buying one of your expensive products are also likely to buy something else through your affiliate link, making you a larger commission!
Make Money With Amazon – Selecting Some Hot Products to Promote
So by now you surely are all pumped up about becoming an amazon affiliate, and with good reason! You have seen how easy it can be to find good niches to promote when you know how to do it right.
And we wouldn’t be surprised to know that you already found the ones to promote on your amazon affiliate site following the steps that we taught you in our past chapter, but we are not done with that just yet!
You see, once people find a good niche to promote, they tend to think that it will be enough to just review lots of products on their niche of choice, put the links in and call it a day, but you will hardly make good money by doing so.
Below we are going to show, step by step, the strategy behind selecting the hottest products in your niche!
Best Seller Lists Are the key
The amazon list of best sellers is a great source of information about what you should promote as an amazon affiliate, especially because these best sellers lists will tell you which products are top sellers in the marketplace.
Another benefit of looking at these best sellers lists is that you will be getting up to date information about hot selling products, so you can be aware of which products are trending so you can leverage their traffic.
How can you select hot products to promote from the Best Sellers Lists?
Earlier we showed you how to easily find a best sellers section for all product categories by going to the “amazon.com/bestsellers” URL. From there, you can easily find which of the hottest products are both in your niche and in your niche’s category.
The way the amazon best sellers page is designed will make it easier to find the hottest products in your niche’s category first. Start by going to the link leading to your niche’s category on the left. In our case, we click on “electronics”.
Here you will be able to find every best seller product on every other niche from your niche’s category. You will be able to locate your niche on the subcategory menu on the left, in our case “home audio and theater”.
You will find every best selling product from this subcategory. But because you need to find the products in your niche, you will have to look on the left side menu. In our case, we click on “home theater systems”.
Now let’s click on “complete home theater systems” because those are the high priced products that we are going to promote on our affiliate site. Remember that these will vary depending on the products that you select.
Finding The Top Performers In Your Niche
Once you find the best selling products in your niche you will be able to sort them out and select the hottest ones from the “hot new releases” “most wished for”, and “gift ideas” lists found in the best sellers section of your high priced niche product.
The “hot new releases” lists can give you ideas about new products that can be marketed to people that are always on the lookout for the newest products and gadgets. These lists are especially good if you are promoting electronics, video games and smart devices.
The “most wished for” lists can give you a very good idea about purchasing intent, because these items are always added to wish lists by people that are going to buy these items on a later date, making these products worthwhile for promotion.
And the “gift ideas” lists will give you a good idea of what items most people consider to be nice gifts because these are the items that amazon users are gifting to others, which you can casually mention on your product promotions.
This is the easiest way to find the hottest and most profitable products to promote as an affiliate on the amazon marketplace!
Make Money With Amazon – Conclusion
So you have made up your mind about how awesome it is to become an amazon affiliate, and have decided to take your first steps into becoming the best amazon affiliate that you can by following the advice revealed earlier.
In this respect, you started looking for a nice niche that you would enjoy promoting and started navigating the amazon marketplace up and down in order to find the best and most profitable products that amazon can offer to its affiliates.
But now the time has come to start tinkering with the technical aspects of getting your amazon affiliate business up and running, and we are talking about creating your amazon affiliate website with a few clicks.
Many people would be tempted to leave this job to someone else, but in our next post we are going to show you how easy it really is to set up an amazon affiliate website on your own, using popular, easy to use and budget friendly online tools.