How to make $5k in under 60 minutes on Amazon They say ‘Being born poor is not a crime, but to die poor is a crime’. Becoming rich is not really a rocket science but with a variety of options available today, you can earn thousands of dollars, sitting in the comfort of your home. Yes, it is possible and no we are not talking about doing something fishy. One such option to earn quick and smart money is through Amazon. If you thought Amazon was just for shopping, then let me break the bubble for you. I have plenty of my friends who taught me How to make $5k in under 60 minutes on Amazon. Yes, you read that right. These hacks have been personally tried and tested by me and by some of my very ‘innovative’ friends who practically live on the internet. Then why would I share these secrets you ask? Well, the market out there is so huge and ever expanding that there is space for everyone out there, who is only in search of earning some extra bucks. Skip the hard work and switch to some ‘smart work’. Here in this article, we tell you exactly How to earn on Amazon? The target may seem too high but let me assure you that it is definitely achievable. First things first. For such amazing results, you need to be on your toes, give it time and have a great marketing strategy which we will teach you over here. You can either Sell to Amazon or Sell on Amazon and earn millions. The difference between the two is that in the former, Amazon is your customer and in the later, you sell through Amazon. Well, this figure was the maximum I achieved during the best time of my sales. It is not really a consistent or guaranteed figure but this is what I actually got once. This is for the exact number of hours that I actually spent dedicatedly on Amazon. Let’s begin with the basics. I was not a manufacturer of any products but I found that one niche product which could be explored to its maximum potential and search the right kind of market for the same.
How to Sell on Amazon? This is when you use Amazon as a platform to sell the products. Due to the amazing base and popularity of Amazon, you already have access to the millions of customers who use Amazon. Many old-school retailers use Amazon as a supplement to their traditional forms of business. You can also try both selling on Amazon and be selling to Amazon as a mixed strategy to boost sales. However, marketing is a great trouble and so instead of making Amazon your competitor, make it your customer. When I first sold my products to Amazon, I was indeed a bit apprehensive about the payment mode and keeping the stock full. I was making decent enough sales but to meet the target of $5 thousand in one hour was distant. However, to make Amazon buy products directly from me I had to prove my worth by showing actual sales. Once you have got into the elite membership of ​Selling on Amazon​, half the job is done and now the remaining half will be done by Amazon for you.
Amazon Seller Marketing The biggest stress of marketing was completely off my shoulders. Forecasting and analytics were also taken over by Amazon. However, I did not step down from my responsibilities though. For brand promotion, I had to shed a few more bucks so that Amazon could sell my products to the right client. There are many products that Amazon sells directly. The key here is to find that one product which Amazon does not sell directly. To make the most margin, I chose the right product at the right time. You also need to do Amazon product research​ before starts selling on amazon.
Conclusion Selling on Amazon is actually a fun game, you need to play it out there and try to find the right products which you can sell on Amazon without actually spending a lot. It is all a matter of great packaging and marketing. You do necessarily not need to manufacture anything or set up a huge infrastructure to start trading on Amazon. A little research can crack the question as to How to make $5000 in 60 minutes on Amazon.