No matter if you’re shopping for back to school supplies, birthday presents, Christmas gifts, or just for you, Amazon can be an awesome place to find good deals and fast shipping! I’m a huge proponent of shopping on Amazon. I’m a Prime member and I don’t mind showing my support. They make shopping online so much easier with their huge selection and quick shipping. Their customer service is really good as well (if you’ve ever had to use it). There are few things I don’t like about Amazon. Heck, I even just ordered a new microphone to start making how-to videos for my business and they delivered the thing on a Sunday. I guess it means e-commerce has no days off anymore. It also means I don’t have to step foot in a store if I can help it.
Retail arbitrage isn’t for everyone, because it involves a lot of research and time to find places that are having crazy liquidation and clearance sales (there are even sites you can subscribe to that will give you the inside scoop on where to go for the cheapest liquidation sales), plus it will most likely involve driving to the retail location to pick up the items.
Armed with this knowledge you’d think that people would spend more time testing their theme or website layout to determine the optimal way to make money from their website right? Well, I still see some of the worst converting themes around and that’s why I actually paid for a theme to be created specifically for these physical product focused websites I had been building.
You can sign up as an Amazon associate straight away without a site. As long as you have the URL and it belongs to you. They won’t approve your site until you have made your first commission. So what I would do is get the site built and add all the content that you need. Make sure its finished. Then sign up to the Amazon associates, add in your aff codes to your review pages and then you just wait for your first sale. Make sure you read the amazon T&Cs so your site is compliant. If it isn’t then they will not approve your site.
Thank you so much for a clear and concise breakdown of the Amazon Associate program. I’ve been ready (finally) to make the jump and have been working out my monetization strategies. This tutorial has not only helped me better understand how the program works, but has also given me some other – much simpler – ideas for other niche sites that I can get up and going very quickly! I appreciate your hard work and the effort you put into this. I look forward to reading more from you.
Research your niche – To maximize your Amazon earnings, you need to build a site where you can sell the products. More importantly, you need to determine the niche your site will be about. Some niches will be much more profitable than others. On the other hand, the high-earning niches may not be in line with your hobbies or interests. Therefore, you need to find the perfect balance between profit and passion so you can sustain the site until it makes money.
For example, I’ve been experimenting with buying women’s running shoes to re-sell for a profit on Ebay. I’m having a hard time getting people to pay $65 for some Adidas sneakers. But, the flip flops I bought have all sold. I sell three times as many pairs of flip flops as running sneakers. What’s more, the flip flops are easier to ship and cost much less.
It's easy to forget these days, but there was a time when Amazon didn't – and couldn't – promise that an order would arrive by a certain date. Mike helped change that. "We totally overhauled the way we make promises on the website," he says. "We got rid of the 'usually ships in 24 hours' messaging. We developed the capability to make these aggressive delivery estimates and keep them. In many ways, this was what Prime was born of."