Learn about the trend of E-commerce in 2017 and explore different marketplace channels to market your products. And discover how you can increase your sales turnover plus tips on building a successful business on Amazon.
8. Make Money With The
Amazon Affiliate Program
The Amazon Affiliate program is a good choice for new entrepreneurs.
1. Amazon is a trusted Brand – According to Nielson Research, Amazon is the most trusted
brand and the number one most popular shopping destination on the web. Buyers know
Amazon –and trust it.
2. People Buy More than One Item – the great thing about Amazon is that you don’t just earn
a commission on the product that you send people to, but anything that they buy once
they’re at Amazon.
3. Easy Setup – There are more and more WordPress plugins and third party tools and website
builders that have Amazon Affiliate integration built into them. You can even put Amazon
links in your Twitter and Facebook posts.
9. Make Money With The
Amazon Affiliate Program
4. Choice of Payment – Amazon pays their affiliates in a number of ways. You can elect to
receive an Amazon gift card, check in the mail or direct deposit to your bank account.
5. Commissions – Amazon uses a sliding scale of commissions that start at 4% and go as high as
15%. (Sell just 4 items per month and your commission jumps to 6%). They have a volume
formula so the more items you sell per month, the higher your commission.
6. Small Payments Add Up – See above and do some math.
7. Holidays are huge moneymakers – It's not just Christmas. I always see a big jump in sales
on other holidays such as Valentine's Day, Mother's and Father's Day, Halloween and so on.
8. Huge Array of Products -- This is a great thing if you’re niche is narrow or quite obscure as
many niche marketers find it difficult to find affiliate programs to match their niche
focus. Even if your niche is so narrow you can’t find products, at least there are books about
it.
13. Make Money With
Amazon Kindle Books
Kindle Direct Publishing is Amazon.com's
e-book publishing unit launched in 2007,
concurrently with the first Amazon Kindle
device. Amazon launched Kindle Direct
Publishing (KDP) to be used by authors and
publishers to independently publish their
books directly to Kindle and Kindle Apps
worldwide.
15. Make Money With
Amazon Kindle Books
1. Top books (5-6) have a best seller rank of 100,000 or less
2. Those books must be selling at 2.99 or 3.99
3. Those books have been selling for at least 3 months
4. Majority of the books have 100 reviews or less
5. Not too many free books on page 1
6. 1,500 or fewer results for Kindle Store
7. Can I add value to this market?
16. Make Money With
Amazon Kindle Books
1. The book genuinely completely sucks and they get bad reviews that tank the sales
2. The book is filled with grammatical errors and spelling mistakes (another source of bad reviews)
3. The cover looks like they opened MS paint and clicked around with the paint brush tool while
blindfolded – pay for something sharp
4. The marketing behind the book is non existent – you’ve gotta have some traffic source that you send
at the book if you want sales
5. The topic or niche of the book is terrible – seriously the history of hacky sack?*
I believe most authors are terrible at marketing which is the primary reason why they fail though.
18. Make Money With
Amazon Kindle Books
So how do you sell a lot of books?
One of the best strategies to sell books is to build a platform around your target audience.
1. Create and scale a website about a specific topic – use this website to promote your book
2. Build a Facebook page and pay for likes to build your own traffic source – use this promote your book
3. Build an email list based on the traffic you get to your website, Facebook page etc
4. Price your book low for launch to drive extra sales and then increase the price (scarcity works)
5. Offer a bonus for book buyers (i.e. companion video course, software etc).
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