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Thursday, May 12, 2011

How I make Money with Amazon

There are a variety of ways to make money with Amazon. The great thing about Amazon is that is a well known brand and people trust it as an online retailer. This means that you don't have to worry about building your own reputation with regards to getting sales.

This is the equivalent of walking people into your local Wallmart or Tescos and getting a cut of everything that they buy because you had taken them into the store. The traditional model would be to have your own shop and to make money on your sales.. however, you know that you cannot undercut the big stores and your margins are always going to be squeezed. Not only worried about making a profit for yourself, you've got staff to pay, rent to pay, utility bills etc.

Millions of people shop at Amazon but how can you get them to go via you? The simplest way to just to tell people about the products by putting an Amazon widget on your website.. if people click on it, they simply are taken to Amazon and anything they buy, you will make some money from the sale. The Carousel widget is shown below:



Now, anytime someone clicks through the link and buys through Amazon, I get upto 10% of the sale price!

There are all sorts of widgets available where you can recommend the products you use or like, you can also have widgets which show the most popular items. There's also a widget which scans your website to figure out what it's about and selects products which are relevant to it.

If you're in the US, you can join Amazon Associates here:
https://affiliate-program.amazon.com/gp/flex/associates/apply-login.html

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