One of the top e-commerce sites “Amazon” provides an opportunity to make passive income for youngsters. Here, I have listed and explained everything about the 5 top-earning opportunities for your reference.
In this fast-moving world, youngsters are always looking for ways to make money. If you are the one in that group, then you have landed on the correct page that has enough information for you.
I am 100% sure, this post will be more helpful to you. If so, share this post with others without fail.
In this article, I have explained the following 5 products of Amazon where you can make money.
- Amazon Flex
- Amazon Karigar
- Amazon Seller Opportunity
- Print On Demand
- Amazon Drop Shipping
What is the Amazon Flex Delivery Partner Program?
Amazon Flex is a program that gives an opportunity to make money by delivering Amazon’s packages using your vehicle. It’s very good for the people who are looking part part-time jobs.
Amazon is the biggest e-commerce platform in the world. Daily millions of packages need to be delivered to the people on time. Also, Amazon offers quick deliveries to its customers.
To facilitate fast delivery, it needs more delivery persons. But, managing a huge number of delivery people is a very complicated and costly method.
To solve this problem, Amazon launched a program called “Amazon Flex”. So, anyone can join this program to deliver the orders temporarily using their vehicles.
How to join the Amazon Flex Delivery Partner Program?
Currently, the Amazon Flex delivery partner program is available in the following places,
Bengaluru
Delhi
Mumbai
Hyderabad
Jaipur
Pune
Chennai
Kolkata
Ahmedabad
Patna
Download the Amazon Flex app and start the signup process. https://flex.amazon.in/
This app drives you to fill this form and you need to provide all the necessary documents.
Later, Amazon verifies your background and documents. Then, you are permitted to join the Amazon Flex program.
Then you need to sign in to the Amazon flex mobile application and book your available slots typically between 2 to 6 hours. Also, you can choose the location.
Once you choose your slots, you need to go to the Amazon garage and be ready to pick up the packages.
Delivery instructions will be available in the Amazon Flex app. All you need to do is to follow the instructions and deliver the packages.
Once you deliver the packages, your earnings will be directly deposited into your bank account (weekly basis).
Basic Requirements To Join Amazon Flex Delivery Partner Program
Your age should be minimum 21 and you need a valid license & bike or car to deliver the packages.
You should have valid insurance and documents that cover commercial use.
You should be passed in the background verification done by Amazon and you need to provide all necessary documents including tax documents.
You should provide tax documents.
Advantages Of Amazon Flex Delivery Partner Program
For those who are looking for a flexible part-time job, this program suits them. By spending 2 to 6 hours, you can make decent money. Amazon is a big e-commerce platform, so demand will be high. Also, Amazon credits your earnings every week.
What is Amazon’s Karigar program?
Amazon’s Karigar is a very good initiative that helps Indian artists, and handcraft makers to sell their products online through Amazon. Through this program, they can sell their products to their customers by providing a very minimum commission.
What is the eligibility to join the karigar program?
Amazon’s Karigar initiative has started to help handcraft makers, and individual artists by helping them to sell their products online. Amazon is a large e-commerce platform in India, so it will be easier to create a selling network. You need to comply with the following requirements to join in the Karigar Program. Artists, and makers should associate with a registered society or NGO Should have a working bank account and PAN card.When your turnover exceeds 20 lakh per year, you should need a GST number.
What are the advantages of the karigar program?
Many advantages you will get by joining the Karigar program.
- As an individual hand maker, you can’t promote your products around the country. But, Amazon is a large platform where millions of people buy products online. Through Amazon it will be very easy to reach potential customers.
- Usually, shop owners need to pay seller fees to Amazon. But, if you join under the karigar program, you can get some reduction in that fee.
- Amazon helps the people to grow their online selling knowledge.
What is the Amazon Seller Opportunity program?
As you all know, any individual or company can create a marketplace on Amazon to sell their products online. Whenever they sell their products through Amazon they need to pay a seller fee.
Amazon simplified the seller joining process.
If you have a unique product and struggle to sell that product, in that situation, you can join the Amazon seller program.
Joining the Amazon seller program is very easy and simple. Here is the simplified step by step guide for you.
Go to the Amazon Seller Central website: https://sellercentral.amazon.in/ and start the procedure to sign up.
Amazon provided step by step registration guide for new sellers (https://sell.amazon.in/sell-online/seller-registration-guide?ref_=SCINWP_regguide2&initialSessionID=258-9546091-0415025&ld=NSGoogle)
Amazon disclosed a clear eligibility criteria to join in this program.
For example, your products should comply with Amazon policy. You have a working bank account and clear tax information.
Amazon has different types of fees. Here is the simplified version for your reference.
Referral Fee : Amazon charges the seller fee whenever the product is sold. It varies between 6% to 45% based on the product.
Fulfillment Fee : You can choose this Fulfillment model in Amazon’s. That means Amazon provides a way to store, pick, and package your products. If you adopt this, then you need to pay this fee.
Subscription Fee : This is for professional sellers. If you sell more products then this program suits you. All you need to do is pay a subscription fee regardless of product count.
Likely, advertising fee, shipping fee, variable closing fee also available. You can check it on Amazon website.
What is Amazon Print On Demand program?
Print On Demand (POP) is a business model that allows you to sell printed objects online through Amazon. Usually, you need to store physical products to sell products on Amazon.
But, you can ready the customized printed products only after the order is placed.
For example: printed mugs, printed t shirts, etc
This print on demand has unique advantages and it helps to create a unique brand with more control. You need to print the products after the orders, so you can get more advantages than usual orders.
All you need to do is to create attractive designs. You can do it by yourself or you can hire a professional person for designing. But, your design should comply with Amazon content policy.
Once designs are ready, the sellers can create a list on Amazon seller central. That’s all.
Print on demand method is a very low risk opportunity to make money from Amazon. Sellers should care about the design, products cost when declaring the price to maximize the earnings.
What is Amazon’s Drop Shipping program?
Amazon drop shipping is one of the easiest ways to make money from Amazon with very little investment. In this method, Amazon acts as an intermediate between sellers and customers.
Seller (You) : You need to make an agreement with the manufacturer to supply the product. Then you should list the product on Amazon.
Amazon: Amazon shows your listing to the people searching for your product.
Whenever a customer is interested in your product and proceeds to pay the amount, you will get the amount directly.
Manufacturer: Once payment is received from the customer, the seller forwards the order to the manufacturer and shares the customer’s address details.
The manufacturer directly sends the product to the customers.
Example:
The seller contacts the manufacturer and agrees to buy a product at 200 rupees.
Then the seller lists the product on Amazon and sets the price by including the margin example: 300 rupees.
Once the customer orders the product, the seller directly receives the payment.
The seller forwards the information and money to the manufacturer along with the customer’s address.
The manufacturer packs the product and directly sends the product to the customer’s address.
In this method, the seller does not need to store the products or buy the product in bulk. So, with less investment, you can make a huge profit.
All you need is to select the best product and choose a good manufacturer.
Conclusion
Amazon provides various superb options to earn money. In this post, I have explained the popular five methods to make money. All you need to do is to choose the suitable way from these five. By spending very little time, you can make consistent money from Amazon.
If you have any doubts, share your doubts in the comments section.
