How To Make Money On Amazon For Beginners

This video is about different ways to make money on Amazon, with the focus on three beginner-friendly opportunities: driving for Amazon Flex and earning $18 to $25 per hour, selling merchandise through Twitch (owned by Amazon), and selling handmade goods on Amazon's Handmade platform.

This video by John Crestani was published on Nov 5, 2021.
Video length: 10:36.

This video is about different ways to make money on Amazon, specifically targeting beginners.

The speaker discusses various methods such as selling products on Amazon, wholesaling, merch selling, handmade goods, and Kindle publishing. However, he suggests that these methods may not be suitable for beginners due to the need for inventory, audience base, technical skills, and fees. Instead, he recommends two income opportunities for beginners: Amazon Flex, where individuals can earn money by driving vans for Amazon's delivery services, and Twitch, where individuals can earn money by streaming video games and receiving donations from followers.

The speaker emphasizes the importance of creating passive income rather than working a traditional job.

• Selling products on Amazon requires inventory and upfront investment.
• Trying out multiple products is necessary to find success.
• Having a proper supply of inventory costs around $10,000.
• The seller marketplace on Amazon is becoming saturated.
• The trade war with China makes selling on Amazon risky.
• Wholesale requires even more money and is not recommended for beginners.
• Selling t-shirts through Amazon's Merch platform requires an existing audience or following.

How To Make Money On Amazon For Beginners - YouTube

Selling Products on Amazon

• Requires inventory and upfront investment
• Need to try out multiple products to find success
• Costs around $10,000 in inventory to have a proper supply
• Seller marketplace is becoming saturated
• Trade war with China makes it a risky option

Wholesale

• Requires even more money as you supply other sellers
• Higher risk and not recommended for beginners

Merch

• Sell t-shirts through Amazon's platform
• Requires an existing audience or following
• Not suitable for beginners without a fan base
• Having content is important for success
• Amazon Prime may not be applicable

How To Make Money On Amazon For Beginners - YouTube

Handmade

• Amazon pays you to sell your handmade goods
• Requires an audience base and skill in hand-making goods
• Market and promote your products yourself
• May not be suitable for beginners without a craft or coding skills

Amazon Flex

• Drive vans for Amazon's delivery services
• Get paid $18 to $25 per hour
• Work for yourself and follow the app's instructions
• Not a passive income opportunity
• Requires a driver's license

Twitch

• Earn money by streaming video games on Twitch
• Owned by Amazon
• Make money from followers and viewers
• Receive bits as a form of payment

Driving for Amazon Flex

• Minimum requirements include 500 total minutes broadcasted, 7 different broadcast days, an average of 3 concurrent viewers, and at least 50 followers.
• If you are entertaining, a good gamer, playing a popular game, and making friends and collaborations, you can make a living off of Twitch.
• It is a beginner-friendly platform, but it takes time before you start earning money.
• You can earn a lot of money on Twitch.

Selling merchandise through Twitch

• Amazon will pay you 5% of whatever anybody buys on Amazon if they click your link.
• You can monetize anything you talk about and recommend by including your Amazon affiliate link.
• For example, if you recommend a book, you can earn a 5% commission on the sale.
• Working with big ticket affiliate programs can earn you $2,000 to $4,000 commissions for one sale.
• Clickbank is another great affiliate program that pays a 50% commission.

Selling handmade goods on Amazon's Handmade platform

• You can sell your handmade goods on Amazon's Handmade platform.
• There is a $39.99 monthly fee to sell on the platform.
• You can reach a large customer base and potentially make a lot of money.
• It is a beginner-friendly platform, but it requires time and effort to build your brand and attract customers.
• You can showcase your unique products and stand out from the competition.

Amazon's affiliate program

• Amazon's affiliate program pays you 5% of whatever anybody buys on Amazon if they click your link.
• You can monetize anything you talk about and recommend by including your Amazon affiliate link.
• It is recommended to start by recommending something small to your friends, like a book.
• Tell a story about why a book impacted your life and recommend it on social media.
• You can earn commissions by recommending products and earning a percentage of the sale.

Watch the video on YouTube:
How To Make Money On Amazon For Beginners - YouTube