The best way to make money is to make it while you sleep. This is what passive income does for you. It allows you to make money without having to do any work. Without any work to do, this means you can spend your time in more meaningful ways. You can do things with your family, and friends, or work on your hobbies.
There are many obvious ways to make passive income, including stocks, real estate, and more. However, there’s one common question among people looking to make money passively, and that question is: can you make passive income selling on Amazon?
Answer To The Question Is It Possible To Make Money Passively Using Amazon:
The answer to this question is yes, it is possible to make money passively with Amazon. Many people are doing it already and are making a good amount of money from it. In the rest of this blog post, we will go over realistic and actionable ways that you can make money from Amazon passively.
Keep in mind that passive income doesn’t come from sitting around and doing nothing, it comes from making smart investments monetarily or using your time efficiently to create a product or service that will make you money while you sleep.
Let’s dive into how to make money on Amazon passively!
Amazon Associates
This is the first way we’re going to talk about. Amazon Associates is a program that allows you to make money by referring people to Amazon products. When someone clicks on your referral link and buys something from Amazon, you earn a commission. The commission rates vary depending on the product being sold and are subject to change at any time so make sure you check out the current rates at the time you’re reading this blog post.
So how can you make being an Amazon associate passive?
It’s quite simple. You can create a blog or YouTube channel and review Amazon products that you think would be helpful for your audience. If someone reads your blog post and clicks on your referral link to buy the product from Amazon, you’ll earn a commission. Even if someone doesn’t purchase the actual product, you will still earn commission on whatever they do purchase within 24 hours of clicking on your link, as long as they don’t clear their cookies in that time.
This method may take a little while to become passive, but as your content piles up and you continue to get traffic to your blog or YouTube channel, the commissions will start rolling in and it will become more and more passive.
Sell A Course On How To Be Successful As an Amazon Associate
The second way you can make passive income from Amazon is by selling a course on how to be successful as an Amazon Associate. In this course, you can teach people everything you know about being an Amazon Associate and how to make money from it. Once the course is created, you can sell it over and over again and make money each time someone buys it.
This method is quite passive as you only have to create the course once. However, it does require some initial work to get the course created.
If you’re not sure where to start, you can check out sites like Udemy or Skillshare.
Amazon FBA Business
The third way you can make passive income from Amazon is by starting an Amazon FBA business. FBA stands for fulfillment by Amazon and it basically means that you sell products on Amazon and they handle the shipping, returns, and customer service for you. This is a great way to make passive income as it frees up your time so you can focus on other things and it also allows you to tap into Amazon’s huge customer base.
To get started with an Amazon FBA business, you first need to find a niche or market in which you can sell products in. Once you’ve found a niche, you need to source products that you can sell on Amazon. You can either create your products or find products that are already being sold in your niche. Once you’ve sourced your products, you need to create listings for them on Amazon and then ship the products to Amazon. Amazon will then take care of the rest!
Keep in mind, unlike the first two methods, it’s much easier to fail, and you need to put in more money upfront as you’re buying products to sell. However, if done correctly, an Amazon FBA business can be very profitable and provide you with a passive income stream.
Amazon KDP Business
Next up is a business model called Amazon KDP. KDP stands for Kindle Direct Publishing and it’s a way for you to publish books on Amazon and make money from them. With this business model, you can write books or hire someone to write a book for you, and then you can publish it on Amazon’s Kindle store. When people buy your book, you’ll earn a commission.
This business model is quite passive as you can write the book once and then continue to make money from it over and over again. Plus, there’s no need to ship any physical products which make things even easier.
The great thing about this method is that you don’t even need to create full books. People make a lot of money by selling low-content books such as coloring books, journals, and workbooks. So, if you’re not a great writer, this could still be a viable option for you.
What Are Some Examples Of Low Content Books?
Here are some examples of low-content books that people have made money from:
- Coloring books
- Journals
- Workbooks
- Planners
- Calendars
- Puzzles
- Activity books
The great thing is you can make different variations of one type of book. For example, you can make a workout log book, and put a different slogan on the cover like “Get Fit Now!” or “Lose Weight Fast!”. The opportunities are endless, and people have made a lot of money selling low-content books on Amazon.
Amazon Merch Business
The final way you can make passive income from Amazon is by starting an Amazon Merch business. With this business model, you design and sell t-shirts on Amazon. You don’t need to worry about shipping or customer service as Amazon will take care of that for you.
To get started, you need to create designs for your t-shirts and then list them on Amazon. When someone buys one of your shirts, Amazon will print it and ship it to the customer. You’ll earn a commission on each sale.
This business model is quite similar to the Amazon FBA business model as you don’t need to worry about shipping or customer service. However, it is a bit more hands-on as you need to design the t-shirts yourself or outsource someone to do it for you.
Amazon Merch is a great way to make passive income as you can continue to sell the same shirt over and over again and you don’t need to put in a lot of work. Plus, there’s no need to carry any inventory which makes things even easier.
Other Frequently Asked Questions
Can you realistically make money selling on Amazon?
With the methods we mentioned, it’s possible to make money selling on Amazon. However, like any business, there’s always a risk of failure. So, we recommend starting small and then scaling up as you start to see success.
Can you make millions selling on Amazon?
There are certainly people out there who have made millions selling on Amazon. However, it’s important to keep in mind that these people are usually the exception and not the rule. Most people who sell on Amazon make a modest income, and only a small percentage of people make a lot of money. I wouldn’t let this deter you from starting an Amazon business, but it’s important to have realistic expectations.
Final Say
There you have it! These are the ways you can make passive income from Amazon. Remember, there’s no such thing as easy money and you need to put in the work if you want to make money with any of these methods. However, if done correctly, they can all be very profitable and provide you with a great passive income stream down the road.
If you know of any other ways to make passive income on Amazon, let us know in the comments below! We would love to hear from you.
Please share this blog post on social media if you found it helpful, and take a look at our other most recent blog posts below:
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