For the fiscal year 2017, Amazon reported earnings of US$3.03 billion, with an annual revenue of US$177.866 billion, an increase of 30.8% over the previous fiscal cycle. Since 2007 sales increased from 14.835 billion to 177.866 billion, thanks to continued business expansion. Amazon's market capitalization was valued at over US$803 billion in early November 2018.
Thanks for this post on Amazon. For Mturk, if you’re unable to link your worker account to your bank account, you can also cash out through an Amazon gift card. I believe you got to have at least one dollar for this to happen. I’m almost at the $10.00 threshold on Mturk, but lately there haven’t been much hits. They might pick up after the holidays.
And Amazon workers in various areas have organized demonstrations this year. Over Black Friday weekend last month, Amazon workers in Italy, Germany, Spain, and the UK staged mass walkouts, protesting poor conditions and low wages. Workers at Amazon’s fulfillment center in Staten Island are currently working to unionize, on the heels of the company announcing it would open a major hub in New York.
Very informative. I left a comment because I know what it is like to spend hours or even days writing a great blog to not even have someone leave a simple comment one way or the other. I started making only something like $3.00 a month with Amazon affiliate when I first started, what a joke! I was about to quit when I read your article and like one other and found out there was real money to be made. Now I am making a million dollars a year…just kidding, I couldn’t even type that sentence with a straight face. Seriously though I have boosted my earnings to a high of around $96 to an average of like $45 a month with still isn’t much, but much better than my adsense earnings. Well good day and thanks for the insights.
Still haven’t made any money on my aforementioned website I was talking about above. However, I started another website and I AM making money with that. Two very different niches lol. The one I am making money with will HAVE to be a higher amount eventually, but I am happy to be making money at all because I have tried this whole affiliate thing for years and never made ANY money. So selling $300 worth of stuff and making $35 makes me ecstatic lol
After reading a report about the future of the Internet that projected annual web commerce growth at 2,300%, Bezos created a list of 20 products that could be marketed online. He narrowed the list to what he felt were the five most promising products, which included: compact discs, computer hardware, computer software, videos, and books. Bezos finally decided that his new business would sell books online, due to the large worldwide demand for literature, the low price points for books, along with the huge number of titles available in print. Amazon was founded in the garage of Bezos' rented home in Bellevue, Washington. Bezos' parents invested almost $250,000 in the start-up.
I have a question: while searching for the niche, and I think I found one that is pretty good, the search on google (for “high end …….”) didn’t revile any brands. Now, I believe it’s possible that there are not many brands for this niche, but checking it little further, I found that there are some, but it was difficult finding it on amazon and even if I did find the products, they didn’t have many reviews, if there were any.
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.
My name is Jamie Spencer and I have spent the past 5 years building money making blogs. After growing tired of the 9-5, commuting and never seeing my family I decided that I wanted to make some changes and launched my first blog. Since then I have launched lots of successful niche blogs and after selling my survivalist blog I decided to teach other people how to do the same.
The end of the Whole Foods partnership won’t be a catastrophic loss for Instacart — Recode reports that it’s expected to reduce Instacart’s revenue by less than 5 percent. About 75 percent of the company’s 1,415 in-store shoppers across 76 Whole Foods locations will be transferred to other retailers in their area. For the other 25 percent employees who won’t be able to be placed in new roles, they’ll receive three-month separation packages in addition to tenure-based compensation. The first group of Whole Foods couriers will be pulled from stores February 10th, 2019.
For the structure of these articles I like to target a frequently searched keyword such as “Cyber Monday (My Niche) Discounts” etc. because I know people search for “Cyber Monday” and “Black Friday” millions of times each year but they also search a longer form version like “Cyber Monday (My Niche) Discounts” as evidenced by the above traffic graph from one of my Amazon sites
Goodreads is a "social cataloging" website founded in December 2006 and launched in January 2007 by Otis Chandler, a software engineer, and entrepreneur, and Elizabeth Chandler. The website allows individuals to freely search Goodreads' extensive user-populated database of books, annotations, and reviews. Users can sign up and register books to generate library catalogs and reading lists. They can also create their own groups of book suggestions and discussions. In December 2007, the site had over 650,000 members and over 10 million books had been added. Amazon bought the company in March 2013.
I’ve been using Amazon’s affiliate program for a little over two years and during that time I’ve had a lot of success with it. In fact, this income source was the second largest chunk of my total $150k+ 2010 income. If I hadn’t sold one of my larger Amazon focused sites last year for six figures this income source would have easily eclipsed $100,000 by now.
The AAWP plugin conversion and CTR is amazing! Once I started to use the plugin on all my sites, I saw an immediate increase in commissions. It also makes my sites look much more professional. I love tapping into the Amazon API to pull images, make my own charts and tables plus I know I am abiding by Amazon's TOS. AAWP is a must have tool for anyone running Amazon affiliate websites!
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.
Amazon actually does hire home-based virtual customer service reps regularly! Pay is around $11 an hour and the job is usually reserved for people living in specific states. You can go to the careers page on their main site to find these jobs, just do a search for “work at home” in the keyword field. You can also read the Amazon work at home customer service review I wrote for more info on how it works.
For Mike, who got married and became a dad during his almost two decades at Amazon, ownership isn't just about getting work done; it's about leaving work behind and recharging with family. "I manage my schedule really aggressively," he says. "If you let your calendar get filled up with non-essential stuff, you're not owning your career, and you're not owning your path. You can be scrappy. You can be entrepreneurial. You don't have to give up your personal life."