7 Best Amazon Business Ideas
April 23, 2020
Are you planning to start a new business? The presence of technology and the internet made marketing & business simple. With the help of the internet, you can make a hell lot of money. The important thing is utilizing the right business idea and following the right procedure.
Amazon is one of the giant companies right now. It is one of the largest eCommerce websites in the world. There are so many ways through which you can make money by partnering with this company. In this post, I’ll share 7 best Amazon business ideas you can start with zero or little investment.
1. Amazon FBA
Amazon FBA is one of the best Amazon business ideas. This business idea is really simple and requires little investment. You can keep growing as a seller for Amazon FBA and make a great amount of money. The amount of money you can expect to make through Amazon FBA is totally based on the niche you select, the products you select, the competition in the market, your products’ quality, and the profit margin you set.
2. Amazon Kindle Publishing
Another great Amazon business idea is Amazon kindle publishing. Amazon Kindle is the platform that allows its users to buy and borrow digital books from the kindle store. The platform is designed for people who love reading and writing. If you are a writer, you can make a great amount of money from this platform. What you need to do is write your own books and self-publish them on the kindle store. This is a great platform for newbie writers who are facing difficulty in publishing the book they have written.
Dropshipping is gaining popularity nowadays. More and more looking for online businesses are joining it. Dropshipping and Amazon FBA may seem very similar, but they have a slight difference. In Amazon FBA, you stock up the Amazon store, but in dropshipping, you go with the wholesaler who can sell products at cheap rates & directly ship the goods to the buyer.
4. Amazon Associates
Amazon Associates or Amazon affiliate program is considered as the best way to start making money with almost zero investment. In this method, you work as a middleman between the customer and Amazon. You create a blog or social media, you refer some products on Amazon to your audience, and when someone purchases from Amazon, you earn money. Whether or not this business idea costs money is mainly based on the approach you follow. If you run ads to drive traffic, you need to have some investment and if you wanna drive organic traffic, you don’t have to spend any money.
5. Web developer for Amazon affiliate sites
Among different ways we have mentioned here, Amazon Associates is considered one of the best ways to make money from Amazon. With more and more people wanting to make money from Amazon’s affiliate program, the demand for this kind of web developer is also increased. What you can do is you can create websites and blogs for people who have such requirements, and in return, charge fees.
6. eBook ghostwriter
If you are not interested in working as a kindle publisher, you can even ghostwrite books for other publishers. Some so many people want to make money using Amazon Kindle Store, but a very less number of people have writing skills. To make money through this platform, what these people do is they hire skilled and talented writers who can ghostwrite books for them. If you have got some good writing skills, it is great to work as a freelance ghostwriter. To start getting initial work, you can sign up for different freelance websites (like Fiverr, Upwork, Guru, Freelancer, etc.) and provide the service at a bit low price.
7. Amazon M-Turks
Amazon M-Turks or Amazon Mechanical Turks is the online platform by Amazon where you can complete small tasks and earn money. Usually, these tasks are simple and small. They take somewhere between some seconds to a few minutes to complete. Every time the tasks are different. The task could be to complete a survey, fill out the Captcha form, write a short article, etc. The tasks on Amazon M-Turks are really simple and easy, but you can’t take this platform as a source of full-time income. This is ideal for people looking for some part-time work.
So these are the seven best business ideas related to Amazon. If you are planning to start an online business, you can select any of these ideas. The good thing about these online ideas is they require zero to little investment.