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Very few people are aware of the fact that Amazon, one of the leading e-Commerce company provides several ways to earn money. If any one is serious enough and knows the bits and pieces of the way as to how Amazon works, It wallows any one to earn money both directly and indirectly. If any one wants to earn money, Amazon gives an enormous option to get that.
Out of many, the most popular way is to sale a product as a seller on Amazon. To become a seller in Amazon is not as difficult as it sounds. All what it takes is a little bit of time to sign up as a new seller from https://sellercentral.amazon.in/ . Here one will have to provide the basic details like Name date of Birth , Tax ID like PAN card details in India and so on . It is a smooth and step by step process . One of the key things about it is that you can complete one step like updating your basic details and submit bank details later . But at the end of the day what really matters is that before launching your business you need to make sure that whatever information one has provided must be correct.
One more thing, which must be taken into the account is that you need to be aware about shipping cost and other charges in details which keeps on changing time to time.
Once done, you are ready to start your business with Amazon. Now the next thing is that you will have to look around in your city as to what product you can sale on Amazon with a competitive price. You can sell books, Handicraft, bags to belt . Or even you can sale something which you produce as well . But in case you are thinking of sailing something which is produced by you only in that case you will have two option. First one which is bit complicated is that you will have to obtain UPC (Universal product code )code for the same. In order to get that you will have to pay some fees and complete some formalities which I think will become a bit hectic to begin with . However the benefit of the same is that once you will get it you can sell the product in other marketplace like Flipkart and Snapdeal as well . But the flip side of this is that obtaining a UPC code costs something and takes time . So to avoid this you can request for UPC exemption from Amazon . In all ideal cases one gets exemption from Amazon very easily.
Once, you have completed all the formalities, You have set your price of the products which you want to sale after considering Amazon fees , Shipping charges and taxes , you are ready to go.
Now you can wait for the orders from different parts of world to come. The best part of the whole picture is that you can list as many products as you want . There is no limitations. The only thing you will have to make sure is that once you receive the order , you will have to take a print out of the invoice and and label from your panel and stick the same on your packet which is containing your product. Once you will do it the Amazom shipping partner will come to you to pickup the products and they will ship the product to the customer. After completion of shipping the product amount will be credited to the seller account and will be transferred to your bank account.
In this way one can earn as much money as he or she wants depending upon the amount of efforts and quality of the products he or she has listed . In order to get more and more orders you can also pay some amount to Amazon to highlight the product and become more visible. Or one can advertise his product on social media like Facebook and twitter himself.
Earning money with a website/blog (using affiliate marketing & ad-sense).
Now let’s look at another way which is even more profitable:
Creating and Selling Information Products
Everyday more and more people are searching the web to learn about the things they want to know.
If you’re good at something and there are people who want to learn it, you can make money by teaching them.
Ask yourself this question:
What is the special knowledge, skill or experience that you have gained (which other people might find useful)?
Let’s say, you’ve cleared a difficult exam and you’ve got tips you can share with other students to help them clear the same exam.
You can write all the information in a word document, turn it into a pdf and sell it online. It is highly likely that there will be others wanting to know, how to clear the exam easily.
Some more examples are: How to Travel India in a shoe-string budget, Photography Lessons, etc.
This is how it works:
Start a website on a small topic.
Establish yourself as an expert on the topic (by posting articles for free).
This will help you gain an audience, before you start selling your product.
Create an ‘Information Product’ (which provides a solution to their pain) like an eBook and sell it on your website. The eBook should contain information which people are eager to know.
You’ll be making money each time someone buys your book.
The entire purchase process can be automated so that once the payment is done, the eBook (pdf) is delivered automatically to the buyer’s email address.
This means you just have to work once & keep getting paid every-time someone buys your eBook.
Important thing to note is:
Instead of building a solution for everyone, find a very specific market i.e. A group of people with specific pains, problems, and needs that you can provide a solution for.
When you’re targeting a small market, you’ll face less competition and it’s easier to stand out and be remembered.
So, this is how you can create & sell your own products online. You can create your own website or blog with this guide.