If you live in the US, UK or Canada, chances are you have purchased something on Amazon. They offer great shipping, great prices, and have a selection that surpasses that of any box store, including the beloved Wal-mart.
What most people don’t realize is that behind most transactions there are a few parties generating revenue outside of just Amazon. Amazon Sellers (people that list products for sell on Amazons network and ship them) and Amazon Associates, people that refer others to the Amazon site and in exchange earn a commission, usually from 4-10% depending on the product.
I personally am a HUGE fan of being an affiliate marketer because it requires no shipping, no inventory (risk), and you can earn money from any one of the millions of products that Amazon has on it’s network.
A Breakdown of Selling Others Products on Amazon
I want to give you a “real life” situation showing you how I earn money on Amazon. It is quite simple, but if you get lost at any point along the way scroll down to the bottom of this page and make sure you ask me whatever questions you may have (within the comments). Deal?
I have a niche website that I created using the website builder at Wealthy Affiliate that targets the weight loss niche, more specifically “how to lose belly fat”. On it I discuss lots of different topics that interest me, but one of them I discuss how I like to juice. Anyone that reads any of my articles on juicing will get an affiliate promotion from me that shows which blender I use, the Vitamix 6300.
This happens to be an amazon product. I join the Amazon Associates affiliate program which is completely free, grab my affiliate link, add it to my website and if anyone ever goes from my website to Amazon and buys, I get paid a commission.
In fact, this has happened several times recently. You can see from my Amazon’s earning report below.
Not only that, I get commissions from anything else people add to their cart before they check out. I happened to sell some men’s underwear and some other items from the Amazon.com site and as you can see these are in my commission reports as well.
Funny the way people shop, but I will take it. More money in the affiliates pocket.
MILLIONS of products, MILLIONS of ways to generate income.
Amazon sells millions of items every day and their network of products includes well over 100 million different items that you can promote as an affiliate. That is, ONE HUNDRED MILLION.
To this day, this boggles my mind. Every single one of these items represents an opportunity for an affiliate marketer. I have been full time within the online world for 12 years now and this still fascinates me and gives me the warm feeling of excitement knowing very well there is essentially unlimited opportunity online.
How Does Amazon Pay Me?
Amazon offers several ways in which you can get paid as an associate (affiliate). You can get paid via:
- Amazon Gift Card (minimum $10 earnings)
- Direct Deposit to your bank (minimum $10 earnings, USA only)
- Pay By Check ($100 minimum earnings)
Since I am from Canada, I choose to get paid when I reach affiliate earnings of $100 or greater. They pay out on the 1st of each month and you will receive your commissions in a timely manner.
Obviously you are not going to be able to just join the affiliate program and expect commissions. You need to understand how to build a successful affiliate marketing business and for this I do recommend that you get training. There are many folks out there earning a full time living from Amazon alone through affiliate marketing. No products, no shipping, no inventory…just sending people from their site over to Amazon.
This leads me to the HUGE opportunity outside of Amazon’s affiliate programs…OTHER affiliate programs.
The Opportunity of Outside of Amazon’s Low Commissions.
There are 10,000’s of products in every niche imaginable. If you are new to the affiliate marketing world or just finding out that people are making money on the Internet through affiliate programs, this may come as a shock to you. For those that have been in the industry for some time, this will always be exciting in particular when you realize that companies are willing to pay up to 75% commission per sale.
Amazon pays 6-10%, but there are many much higher paying affiliate programs. Here are just a few examples:
Zappos.com: 8-18% per sale
WeightWatchers: $10 per sale
Verizon Wireless: 25% per sale
Norton Antivirus: 15-30% per slae
Skin Store: 8-10%
Options House: $60 per sale
Monster.com: 12-17% per sale
Care.com: $50 per sale
And on and on. Multiple these by 10,000’s of programs out there and you are looking at a lot of opportunity.
I have been in the industry for 12 years and earned money from 100’s of different companies through affiliate programs, selling 1,000’s of different products. When you understand that every major retailer has an affiliate program and almost very product/service online or offline can be sold through one affiliate program or another, it should get you very excited.
Regardless of your passion, interest or niche want to build your business within, there is going to be plenty of programs you can promote. Millions in fact….Amazon definitely being one of these.
But to be successful as an affiliate, you need to understand the fundamentals of creating a long term and very successful affiliate marketing business. For this I recommend that you get proper training.
Educate Yourself on Being an Expert Affiliate, Watch the Sales Roll In
To be a successful affiliate of Amazon or any program for that matter, you need to have a few things:
(1) A good affiliate marketing education
(2) Access to a community of other successful affiliates
(3) Websites/Hosting/Keyword Tools
(4) Ability to get help when you need it
(5) Support from industry experts
There is one program that offers all of this in one place. Wealthy Affiliate (read my full review here).
There are a myriad of programs out there trying to sell you on the idea of the “next big thing” in this industry, the next secret…blah, blah, blah. That doesn’t exist. There is a proven strategy that worked back in 2002 when I started out in the affiliate marketing world and to this day, it continues to work.
It comes down to choosing an interest, creating a website, learning how to get ranked in search engines, and then making money through affiliate programs like Amazon. This is all taught with Wealthy Affiliate and if you do decide to join (which is completely free to get rolling), I (Kyle) am going to be there personally to help you ever step of the way.
If you have any questions about Amazon and the associates program there or anything related to affiliate marketing in general, please leave your comments below and I will be more than happy to help you out.