Very interesting post. I am saving this page for future reference. I personally liked tip #9. I know some people who try to locate themselves in niches that sell high valued products only and they do not make enough sales, consequently low commission as well. It’s better to target those items that sell quickly first, where people do not do a lot of thinking and research before buying.
Junglee is a former online shopping service provided by Amazon that enabled customers to search for products from online and offline retailers in India. Junglee started off as a virtual database that was used to extract information off the internet and deliver it to enterprise applications. As it progressed, Junglee started to use its database technology to create a single window marketplace on the internet by making every item from every supplier available for purchase. Web shoppers could locate, compare and transact millions of products from across the Internet shopping mall through one window.
I'm sure you're probably familiar with all of those little sites that let you trade things in and get cash and/or gift cards in return. Stuff like your old cell phones, laptops, etc. Well, Amazon actually has something similar with a very long list of things you can trade in, including cell phones, laptops, cameras, books, textbooks, music, mp3 players, and much more.
In November 2018, Amazon announced it would open its highly sought-after new headquarters (HQ2) in Crystal City, Virginia and New York City. Few of the public subsidies being offered to Amazon have been disclosed. Maryland has offered an incentive package worth an estimated $8.5 billion. The Newark, New Jersey subsidies are estimated at $7 billion. Despite mixed reception, HQ2 is expected to expand the job ecosystem on Long Island.
The tension between Instacart and Amazon has been brewing since the acquisition. Last month, it was reported by Business Insider that it was cheaper to order Whole Foods delivery through Instacart than Amazon, after Instacart quietly lowered its annual fee to $99 to compete with Amazon Prime’s $119 annual membership. Instacart has also since sought out other sources of revenue besides Amazon, by partnering with other retailers like Kroger, Costco, and Sam’s Club, in addition to receiving VC funding.
This is like a free graduate level college course every month available just for the reading. And unlike most college professors, these guys and gals are actually earning in the real world. Michelle made well over a million USD last year from mainly affiliate programs,AFTER she paid her running expenses and US taxes. She sure didn't do it by reviewing bicycle pedals 😉
Chris, I am glad you have had good fortune with amazon, I think I have chosen the wrong niche, it appears to be very competitive, I have had my site for 4 mo, and have made zero, however, it may not be all bad, I still work on content, and I do get indexing, however, I am at a loss on how to find keywords on ranking content; If I could find this out, then I could do some seo on any LSI keywords. I do agree about having a nice looking website, I paid far much less then you did, and I think I turned out with a site that looks very nice; If visitors do not think you are legit, or if you content looks like trash, then the will bounce before you can blink. I think once I can find those magic LSI keywords and rank them, then I think things will turn around, as I have also invested quite a bit up until this point.
To provide concrete examples, his website told me to look for Winnebago (WGO) in August-September 2017, YY Inc.'s (YY) incredible 25% shoot up after their amazing quarter in November 2017, and Square's (SQ) ungodly skyrocket in November 2017. Those are but some of the success stories I would never have found had I simply read he book and tried to do the analysis that the website provides for you. I strongly recommend reading the book and paying the monthly membership for the website. I have not regretted it at all.
Hey Chris – great post. Just a question – We have got about 80 stores affiliated to Amazon Associates. As I understand from your article, it appears that the blog site is a foundation for making a successful Amazon Income. In this regard, we don’t have a blog site but we just have those stores (websites) which have a show case of products. What do you think the strategy would be to drive sales? Of course, we have got Social Media Marketing currently in place.
The people behind savings.com put together a little tool to show you if the price on Amazon is the best price. While it can be hard to tell based on a number of factors like Prime shipping, free, shipping, and other things, this tool is pretty cool. As noted before, Amazon might not be the lowest price. While I will check their prices against some competitors, I will most likely check out on Amazon because of my Prime shipping and the customer service. To each their own!
Learn the ins and outs of the Amazon platform or you’re going to be operating at a disadvantage right from the start. Understand how the process works and the different types of selling and fulfillment options available to you — will you be doing self fulfillment or Fulfillment by Amazon? Use all resources available to you to learn as much as you can.
If you’re primarily going to be promoting Amazon products it’s important to choose a set of products that has a relatively high price point. After all, it’s hard to make a solid income off of promoting $1-5 products, since the commission on Amazon is so low. Items that have a higher price point, like high end appliances, furniture, BBQs, blenders and juicers, or bikes can net you over $50 a sale at least.
Cash back sites are typically free to join and they offer money back when you shop at your favorite retailers through them. Basically, I sign into my Ebates account, find the retailer I want to shop at, then click through their site. If I purchase something, Ebates will pay me a specified cash back amount. I’ve seen upwards of 40% cash back for some retailers.
Since I do not live in the U.S., I would have to get paid by check or gift certificate. Obviously only getting paid in gift certificates isn’t that great, so that leaves the check. However, checks are not used here in Sweden at all basically, so cashing one comes with huge fees, I think maybe 30-40USD for a check. So my question is, can you choose to “save up” the money you make at Amazon and only get a check sent when you want to, or is it automatically sent at certain amount? I know Adsense has/had a feature that let you “block” payments until you released them. If Amazon has a feature like that, it’d make the check-fee less of a problem.
Wow, great ideas! I never thought to link to a candle! My blog is about diabetes so I’ve never thought to link to common things I use daily but that’s genius! I love how she added the candle at the end as a side note almost. I guess I’ve never thought to look on Amazon for candles because I go to Bath and Body Works for those. I’m updating my best posts today! Plus I’m going to do some Pinterest posts for my affiliate number for your book which is a GREAT book!
Union membership in the United States has declined significantly in recent decades. In 1983, 20.1 percent of American workers were part of a union, compared to only 10.7 percent in 2017. Should even a fraction of Amazon workers become unionized, it would be a significant milestone for organized labor across the country. But a lot needs to happen before reaching that point.
I'm a business owner, blogger, father, and husband. I used credit cards too much and found myself in over $75,000 in debt ($50,000 in just credit cards). I paid it off, started this blog, and my financial life has changed. I now talk about fighting debt and growing wealth here. I run a WordPress support company to help business owners and bloggers who use WordPress get around tech challenges.
As with the other third-party tracking services, this one doesn’t track price history, but shows you some other stores/competitors and their pricing. It will tell you if the best deal is at Amazon and give you the option to look at the other stores. Based on looking for a Mohu Leaf 50, I found that Amazon is not the cheapest around. I can get it for $10 less at Home Depot. That being said, sometimes it can’t find an exact match for the product, so it tries to bring relevant matches. This example was close, but the Walmart listing was off.
Amazon derives many of its sales (around 40% in 2008) from third-party sellers who sell products on Amazon. Associates receive a commission for referring customers to Amazon by placing links to Amazon on their websites if the referral results in a sale. Worldwide, Amazon has "over 900,000 members" in its affiliate programs. In the middle of 2014, the Amazon Affiliate Program is used by 1.2% of all websites and it is the second most popular advertising network after Google Ads. It is frequently used by websites and non-profits to provide a way for supporters to earn them a commission. Amazon reported over 1.3 million sellers sold products through Amazon's websites in 2007. Unlike eBay, Amazon sellers do not have to maintain separate payment accounts; all payments are handled by Amazon.
Amazon.com's product lines available at its website include several media (books, DVDs, music CDs, videotapes and software), apparel, baby products, consumer electronics, beauty products, gourmet food, groceries, health and personal-care items, industrial & scientific supplies, kitchen items, jewelry, watches, lawn and garden items, musical instruments, sporting goods, tools, automotive items and toys & games.
JPMorgan Chase Bank, N.A. and its affiliates (collectively “JPMCB”) offer investment products, which may include bank managed accounts and custody, as part of its trust and fiduciary services. Other investment products and services, such as brokerage and advisory accounts, are offered through J.P. Morgan Securities LLC (JPMS), a member of FINRA and SIPC. Annuities are made available through Chase Insurance Agency, Inc. (CIA), a licensed insurance agency, doing business as Chase Insurance Agency Services, Inc. in Florida. JPMCB, JPMS and CIA are affiliated companies under the common control of JPMorgan Chase & Co. Products not available in all states.
The site owner actually had a telephone conversation with an Amazon account manager who said that, if the email service provider was located in certain states and the emails went from there, it was fine to use them in emails…so we continued. Bookbub still do it I believe, although they have a shit-ton of subscribers so maybe have some special deal.
The shipping thing drives me nuts. It takes significantly longer for me to get anything from Amazon (WEEKS if I choose free shipping) than everyone else. Why? Because I live in a high crime area and want everything shipped to my p.o. box. I recently placed and order and chose “free shipping” because the delivery date was one day earlier than had I chosen the paid ship option – until I got to the end, whereupon my new ship date was an additional FIVE DAYS later. Get a p.o. box and try it and you’ll quickly see I’m not lying. We’re punished. Amazon whines a lot about combating thievery (let us in your house, let us in your car) but they’re strangely silent on p.o. boxes, the absolute safest option available to anyone. What’s THAT about?! I work at the USPS plant where my p.o. box is and my box is literally twenty steps from where the Amazon packages are processed – if Amazon would just ship the ****** thing out! Keep checking my phone but, nope, it STILL hasn’t shipped. Btw, USPS and FedEx have a business relationship so they can’t blame it on that. For this reason, Prime was a joke so I cancelled. And because Amazon always wanted additional money from me for every movie I wanted to watch. Kind of defeats the point. Couldn’t see any benefit to having it.
You want to convince the reader to investigate their purchase options by the time they finish reading an article, which is why I’ll always include links to all of the products mentioned in a review at the end of the article. That way it’s an easy transition from learning about the product during your review and then at the end it’s time to make a purchase.
After the introduction of the September 5, 2018 'Stop Bad Employers by Zeroing Out Subsidies (Stop BEZOS) Act', Amazon announced to its workers on October 2, 2018, that the minimum wage paid to salaried workers be increased to $15 per hour. The wage increase applies to about 350,000 workers. It does not apply to the majority of Amazon's employees who are contract workers. Furthermore, Amazon has also removed some grants and stock options.
To think you guys scrambled and re-invented the wheel in 5 days is absolutely amazing too! I am glad you produced this thorough resource on how to hopefully abide by the Amazon TOS; play it on the conservative/safe side is the message here. You people are so knowledgeable in your business, and even you guys got a knock on the door from Amazon Associates.
In 2000, U.S. toy retailer Toys "R" Us entered into a 10-year agreement with Amazon, valued at $50 million per-year plus a cut of sales, under which Toys "R" Us would be the exclusive supplier of toys and baby products on the service, and the chain's website would redirect to Amazon's Toys & Games category. In 2004, Toys "R" Us sued Amazon, claiming that due to a perceived lack of variety in Toys "R" Us stock, Amazon had knowingly allowed third-party sellers to offer items on the service in categories that Toys "R" Us had been granted exclusivity. In 2006, a court ruled in favor of Toys "R" Us, giving it the right to unwind its agreement with Amazon and establish its own independent e-commerce website. The company was later awarded $51 million in damages.