- 1 Why Selling books on Amazon?
- 2 Make Money by Selling books on Amazon
- 3 Choose the Right Amazon Program
Want to know how people make money by selling books on amazon? Then you are at the right place.
Amazon has made many people millionaire with their affiliate and sell on Amazon program. There are many bloggers who created Amazon hot selling product based niche websites and making thousands of dollars every month. In this article I will share the ways one can make money by selling books on Amazon.
Why Selling books on Amazon?
There are many products one can pick from Amazon and start promoting to earn some commission/profit. But one has to do a thorough research to identify which one will be the best.
If you research properly, you will notice that the most selling item on Amazon is – Books. In fact in India also people love to buy books from Amazon mostly in eBook format. As this will straightway give them a discount of more than 70% compared to the paper book format.
Another reason is that Amazon kindle gives an awesome experience of reading. Which actually encourages people to buy more ebooks or books in kindle format from Amazon.
Before proceeding further, to give you a quick ideas, let’s check out the success story of Ryan Biddulph from BloggingFromParadise. If you visit Amazon, you can find his store containing almost 160 books!
Why I am giving Ryan’s example here, because he is one of those inspirations who is able to make a living while selling his books on Amazon. Creating one’s own eBook is not everyone’s cup of tea. But if you have interest & patience to do that, I would suggest you to visit his eBooks store to get an idea about how it should be.
Make Money by Selling books on Amazon
Now this is the main part of this story as you have to find out the ways to sell your books. There are various ways one can sell books on Amazon. Let us discuss few of the major ways here.
1) Create a Website
You can create a website where you start reviewing books from various writers. This can be possible if you are interested to read books. In case you have interest on international authors, then you can easily target the global audience. Then join Amazon affiliate program and start putting their banners and ads in various places of your website.
2) Amazon Online Book Store
You can also join Amazon seller or Sell on Amazon program. Look for popular books online and try to get them from outside and create your own online book store with Amazon. There are many successful players who are making huge money by creating their own Amazon book store.
3) Selling Used Books
Open an online used books store with Amazon. Collect various paper books in cheaper price by visiting local market and make a good collection. But remember if you operate a paper book store, you have to do the arrangements for shipping as well. You can also opt for Amazon’s Fulfillment by Amazon option to remain hassle-free. Check this amaging amazon success story shared by one of the amazon seller.
4) Become a self Publisher
Can you write your own book? Like Ryan has done. Then I think there is nothing to explain more 🙂 Check how to sell self published books on Amazon.
If you are an Amazon Affiliate subscriber, then you can easily login to Amazon Associate website and look for books to refer. Look for books which can attract people who might be your potential customers.
Try to find audio books explaining certain things. E.g. Books related to making money online, small business ideas or how to start a business etc. As soon as you find such a book, look for the banner link of the same.
The text link will give best result, if you can embed that within your article. E.g. if you can write on the Amazon audio book and at the same time recommend people to buy that, then there will be high possibility that people will click on that link and may buy the same.
Choose the Right Amazon Program
Amazon has two seller options – Fulfillment by Amazon & Amazon Seller.
In the Fulfilled by Amazon, Amazon takes care of storing, packaging and dispatching. This option has monthly charges associated with this. To become a professional or “Pro” seller you have to pay a fee of monthly $39.
This will also give a prime seller facility, which will attract more potential customers. It is more convenient in case you don’t want to remain hassle-free. But you might have huge number of books what you can send altogether as FBA may not be value for money for low-value items.
On the other hand, Amazon Seller charges fee on each item sold. Here the seller has to list the item him/herself. Also setting the price for shipping the product, dealing with customer service to handling dispute everything is seller’s responsibility.This option is better in case of selling individual books, as the shipping will be cheaper. Here you need to pay $0.99 per item sold.
How much commission one can earn by selling books on amazon?
If you are an Amazon affiliate from India, then you may get a commission of 10% max on books. But if you are able to sell books on Amazon International, then you may get better price. Better you can check out the commission structure by visiting Amazon website you are targeting.
How to get Amazon payment faster?
Recently Amazon India has discontinued the payment cheque facility. Now onward one can get amount directly in his/her bank account only via NEFT transfer. The minimum balance for withdrawal is also changed to Rs 1000 which was Rs 2500 earlier.
I think for Amazon.com users such payment system is already set up. Besides that, many people also get payment via PAYPAL as well.
Can you really make money on Amazon by selling books?
Earning commissions through Affiliate marketing is a proven way to make money online. But this is one of the hardest way as well. You have to find out the right product and to convert the same into a sale, you must have the right platform. If you can make it happen then you will surely rock the world!
As a beginner it is not at all an easy task. But you can set your targets and work accordingly keeping a long term goal of at least 1-2 years to build some authority. This approach will definitely help you to make money by selling books on amazon or eBay or any other similar platforms. So what’s your views? Please feel free to share your experience of making money on Amazon if you have any.