Profit From Amazon With No Store
Yes, you read that right!!! You can make a profit from Amazon without starting an amazon store and I am so excited to share with you how.
After reading that title I am sure you are saying to yourself, “how, Amazon is a HUGE store why should I miss out on this opportunity?” Great question and here is the truth you are not going to miss out on an opportunity you are going to create one. The secret is called Affiliate Marketing, but first, let's discuss starting an Amazon Store.
Starting an Amazon Store A Burden On Your Time and Finances.
In order to start an Amazon store, you need a tax ID, you need to research and gather a list of products you are going to sell and that WILL sell. Then you need to find vendors that are selling your products. Most of the time these vendors are out of the country which is another hassle within its self. Then you must ship products to an Amazon FBA (Fulfillment By Amazon) Site and hope that all your products arrive together and on time.
The reality of Amazon is this, you do not make money in small amounts of products when dropshipping with Amazon. The real money is made with when you buy products in bulk and have Amazon FBA take care of the rest.
This means that you must have the upfront capital to purchase in bulk, depending on the product is can range anywhere from hundreds to thousands just to buy products. Once you have your product you do your best to making sure those products get sold you can have a return.
Why You Lose Money In The Long Run With An Amazon Store
As we discussed above, you must have the capital to purchase your products. Let’s say you have $10,00 to spend on products for the first month and you sell $9,000 and profit $1,000. In the second month you spend $12,000, sell $10,000 and profit $1,200. The third Month you spend $15,000 and so one and so forth. You may be saying “Damaris, that is a pretty good profit” and you are right but let's look at it from a business perspective. You had to spend $10,000 dollars to ONLY make $1,000 dollars, $12,000 to profit $1,200. In the long run that does not add up to profit. Each month you are taking what you sell and profit and putting it back into the store. Technically you are not profiting you are maintaining. This process may take a while so only those with large capital can benefit from opening an Amazon Store.
By, Anthony Morrison
How Do I Profit From Amazon Without A Store?
The best part of affiliate marketing is that it is a selling technique that can be used almost in any industry and can be done from anywhere in the world (with internet access of course).
The affiliate model is a simple model where a monster company like Amazon finds affiliates who will market and promote their products (drives traffic to already existing stores) and pays the affiliates a commission anywhere from 7%-12% at times.
By, Anthony Morrison
This simple process is a financial WIN-WIN scenario for ALL parties involved. The customer gets their product, Amazon gets paid and the affiliate gets paid as well.
How Do I Become an Affiliate?
Most businesses have an affiliate offer link at the bottom of their website, each company has their respective requirements. Amazon has a link to BECOME AN AFFILIATE at the bottom of the page. Fill out their requested information and then you are approved or not, it is that simple.
When you are approved you are then given a special link, called an Affiliate Link, this link is attached to your account, every sale made you will accrue your %7–12% of each sale.
How Do I Promote My Affiliate Link?
Here is where things get tricky, you can promote pretty much anywhere online; social media, blogs, youtube, and podcasts. Some of these platforms only offer paid advertising and no free option. Most beginner affiliates fall to the desperate measures of posting their link EVERYWHERE and NOWHERE. I say nowhere because most people will not click on your link just because you ask them to. That is not the way human psychology in marketing and advertising work.
There is a very specific process you take your future customer on by using your affiliate link and other methods specifically targeting a market to make an actual profit. Yes, you can use YouTube and Google to find a lot of information but the reality is it will take a LOT of time, money and errors.
This is why I started my affiliate marketing journey with a mentor, Anthony Morrison. He takes you by the hand and walks you through every process from start to finish, with your very own online business in is his Online Affiliate Marketing Program.
Start Your Journey In Affiliate Marketing With a Mentor
People who start learning how to make money online, affiliate marketing, or any online business quit because they do not have the appropriate tools and do not know where to go for help. Most marketers that have had massive success had a mentor. My mentor Anthony Morrison has taught me about affiliate marketing but also about entrepreneurship.
Learn how you can learn from Anthony and EVEN Partner with him in his mega-successful online training.
When you partner with a TRUE mentor that has had massive success online it can obviously increase your probability of success RIGHT?
Check out Partner with Anthony and see how you can tap into a successful internet marketers business and mind.