In this video I will show you 3 easy ways you can make money on Amazon in South Africa and the rest of Africa.
1. Make Money through Affiliate marketing through the Amazon Affiliate Partner Program.
With this strategy you create content, educational or otherwise, and build an audience by answering people's SPECIFIC questions. You can review products and leave links in the description or bio to Amazon where your audience can buy using your links and you get a commission of anywhere between 2% and 8% of whatever they spend within a 24 hours window. This is a passive income stream where you do the work once and you can make money for years. Affiliate marketing is not solely exclusive to Amazon though, there are plenty of other affiliate programs you can join and make money. The nice thing about affiliate marketing especially when you are based in South Africa is that you can get your commission in dollars or other foreign currencies resulting in more money for you.
2. Make Money through Fulfilled By Amazon.
Fulfilled by Amazon is as easy as it gets for small business owners and manufactueres to start making huge sums of money and potentially make millions on Amazon. Literally make millions dare I say! If you sell products of any kind, there are plenty of opportunities for you to grow your businesses' revenue by reaching a larger market of ready buyers on the Amazon market place. Just make sure that your business' documents are in order, registration and the like, then apply on the Amazon website to get through their vetting process. Once that is done, start selling your products on Amazon, but be careful to consider any of the costs that Amazon may charge you for their service and add those on your pricing so that you do not lose money. Here's a simple tip I don't see many people talking about: If you do not have any products to sell or maybe you do not have money to buy stock, you can work with local manufacturers. Let them manufacture, add your profit margin and join the fulfilled by Amazon program. You don't do much work, the manufacturers sell way more products than they possible, you all make profits and everyone lives happily ever after.
3. Make Money through Drop shipping on Amazon.
Drop-shipping is going to be a viable way to make money on Amazon. What is drop-shipping? you may ask. Drop-shipping in simple terms means you are the middle man. You Buy stock from a supplier at cheaper prices, you may choose to ship that stock to yourself and add your own branding (labelling) and sell those products at a higher cost and thus make your profits in that manner. It's a basic business model, the only difference is that the transaction is done online (ecommerce). You can consider buying and shipping products in bulk from Alibaba, add your profit margins and sell those products at higher prices on Amazon. If you so choose, you
can simply buy stock from your supplier, build your own online or ecommerce store and sell those products there. When a customer buys the product from your store, you buy from your supplier and ship directly from your supplier to that customer and you keep whatever profit margin you may have set for yourself. With Amazon's huge customer base, you can make mega profits just through the shear volume of customers even if your profit margins are not that high. I hope you can see that the possibilities for making money are huge with drop-shipping.
Useful Links
Visit My website here: https://marvelousmedia.co.za/
Book a consultation here: https://marvelousmedia.co.za/bookings-2/
Other Videos you might enjoy
1. Why South Africans Never Leave SA for other African Countries
https://youtu.be/Xzov_QOk_Pg
2. I am 32 years old, never been employed, I have no wife and no kids. What is wrong with me?
https://youtu.be/Wz2Pf2b5iD4
3. How to start an online store that generates sales fast in 4 steps | Optimizing E-commerce for sales
https://youtu.be/jK79U5fUzoY
4. 5 BUSINESSES TO START WITH NO DEGREE AND NO MONEY ( SHOCKINGLY SIMPLE)
https://youtu.be/i0eyGJloFnA
5. E-commerce and Content Creation: 2 SKILLS that will make you RICH FAST in Africa
https://youtu.be/phkuDHzBBzM
1. Make Money through Affiliate marketing through the Amazon Affiliate Partner Program.
With this strategy you create content, educational or otherwise, and build an audience by answering people's SPECIFIC questions. You can review products and leave links in the description or bio to Amazon where your audience can buy using your links and you get a commission of anywhere between 2% and 8% of whatever they spend within a 24 hours window. This is a passive income stream where you do the work once and you can make money for years. Affiliate marketing is not solely exclusive to Amazon though, there are plenty of other affiliate programs you can join and make money. The nice thing about affiliate marketing especially when you are based in South Africa is that you can get your commission in dollars or other foreign currencies resulting in more money for you.
2. Make Money through Fulfilled By Amazon.
Fulfilled by Amazon is as easy as it gets for small business owners and manufactueres to start making huge sums of money and potentially make millions on Amazon. Literally make millions dare I say! If you sell products of any kind, there are plenty of opportunities for you to grow your businesses' revenue by reaching a larger market of ready buyers on the Amazon market place. Just make sure that your business' documents are in order, registration and the like, then apply on the Amazon website to get through their vetting process. Once that is done, start selling your products on Amazon, but be careful to consider any of the costs that Amazon may charge you for their service and add those on your pricing so that you do not lose money. Here's a simple tip I don't see many people talking about: If you do not have any products to sell or maybe you do not have money to buy stock, you can work with local manufacturers. Let them manufacture, add your profit margin and join the fulfilled by Amazon program. You don't do much work, the manufacturers sell way more products than they possible, you all make profits and everyone lives happily ever after.
3. Make Money through Drop shipping on Amazon.
Drop-shipping is going to be a viable way to make money on Amazon. What is drop-shipping? you may ask. Drop-shipping in simple terms means you are the middle man. You Buy stock from a supplier at cheaper prices, you may choose to ship that stock to yourself and add your own branding (labelling) and sell those products at a higher cost and thus make your profits in that manner. It's a basic business model, the only difference is that the transaction is done online (ecommerce). You can consider buying and shipping products in bulk from Alibaba, add your profit margins and sell those products at higher prices on Amazon. If you so choose, you
can simply buy stock from your supplier, build your own online or ecommerce store and sell those products there. When a customer buys the product from your store, you buy from your supplier and ship directly from your supplier to that customer and you keep whatever profit margin you may have set for yourself. With Amazon's huge customer base, you can make mega profits just through the shear volume of customers even if your profit margins are not that high. I hope you can see that the possibilities for making money are huge with drop-shipping.
Useful Links
Visit My website here: https://marvelousmedia.co.za/
Book a consultation here: https://marvelousmedia.co.za/bookings-2/
Other Videos you might enjoy
1. Why South Africans Never Leave SA for other African Countries
https://youtu.be/Xzov_QOk_Pg
2. I am 32 years old, never been employed, I have no wife and no kids. What is wrong with me?
https://youtu.be/Wz2Pf2b5iD4
3. How to start an online store that generates sales fast in 4 steps | Optimizing E-commerce for sales
https://youtu.be/jK79U5fUzoY
4. 5 BUSINESSES TO START WITH NO DEGREE AND NO MONEY ( SHOCKINGLY SIMPLE)
https://youtu.be/i0eyGJloFnA
5. E-commerce and Content Creation: 2 SKILLS that will make you RICH FAST in Africa
https://youtu.be/phkuDHzBBzM
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