You want to make money online? You want to build a location independent business? You want to earn money while you sleep? You need to look at Amazon Associates.
There’s a huge opportunity to make money with Amazon Associates, mainly because Amazon is so huge itself.
It’s not the only game in town, but if you’re looking to make money online with Affiliate Marketing, you do need to check out Amazon Associates.
What is Amazon Associates?
Amazon Associates is Amazon’s Affiliate Marketing Program.
Just to be clear, Amazon have their own names for things. When you partner with Amazon they call you an Associate.
Affiliate / Associate – same thing.
When someone buys a product from Amazon, through your Affiliate Link, Amazon pay you a percentage of the profit, and they call that Advertising Fees.
To the rest of the world that percentage is Affiliate Commission.
Again, Advertising Fees / Affiliate Commission – same thing.
Pros and Cons of Amazon Associates
There are some definite advantages to partnering with Amazon. Most of these are true just because, if you didn’t get this already – Amazon is HUGE!
- There are (literally) millions of products to choose from
- Everybody knows Amazon
- Most people will trust Amazon
- Many (most?) will already have an Amazon account
- Amazon make it very, very easy to buy
But it’s not all roses along the Amazon.
- High competition
- Low commission rates
To be fair, the high competition may not really be a downside – there’s competition everywhere. With around 400,000,000 products to sell it’s always possible to carve out a niche.
Commission rates, on the other hand, are definitely on the low side. There are many Affiliate Programs that offer far higher percentages. But…
What most of them lack are all the Pros listed above.
You’ll generally have to work harder to promote products from a company that people don’t already know, like and trust. Amazon pay less, but it’s an easier sell.
Amazon Affiliate Commission Rates
So how much does Amazon pay? And is it possible to make a living, or even a fortune, with Amazon Associates?
Let’s take a look.
Amazon Commission Rate Changes
Amazon recently changed their commission structure. Some people saw a considerable drop in earnings and were not happy!
This may, however, be a very good thing for you.
The old structure was volume based; the more items you sold, the higher your commision rate. It started at 4% and rose to 8.5%.
But to get to the heights of 8.5% you had to be selling a dizzying 3,131 items per month. That’s a lot when you’re just starting out.
Amazon Commission Rates 2017
As of 1st March 2017 it goes like this: Everybody gets the same rate, regardless of how much they sell.
Good news. You get your full commission right from the very first sale.
It’s still not a high rate, but you no longer need to spend months, or years, building your business before you get full pay.
The actual percentage you get ranges from 1% (Game Consoles and Video Games) to 10% (Video Games Downloads, Luxury Beauty items and Amazon Coins) depending on the product category.
Here’s the full list for Amazon.com in the U.S.
Is it fair or unfair? Is it better or worse than the old system? Who knows. I’m not sure that’s even relevant. It is what it is!
Again, the good news, if you’re just getting started with Amazon Associates, is that you get full commission from day one.
And the better news…
Because of the sheer volume of sales there are many people pulling six-figure incomes from Amazon’s Affiliate Program.
Even with the recent changes, it’s still a good program. Some would say better. There’s definitely plenty of money still to be made!
Should You Join Amazon Associates?
Yes. Yes you should.
I wouldn’t suggest making it your only gig – you need to diversify. Don’t make the proverbial mistake of putting all your eggs in one basket.
But do make Amazon Associates part of your plans.
Whether you build a business based on promoting Amazon products, or just make it a lucrative sideline to a different venture, is up to you.
Just don’t ignore it.
Get paid for your recommendations
People will buy from Amazon anyway. You’ll probably even recommend things. So you may as well get paid for that recommendation, right?
At the end of the day, that’s all it’s about: You recommend a product to someone, they buy it, Amazon pay you a fee for doing their advertising for them.
You won’t earn money when you recommend a friend sees the latest movie or checks out a new restaurant or store.
With Amazon Associates you can get paid for doing a very similar thing.
Getting started with Amazon Associates
It’s very simple.
Get started by setting up an account – everyone should do this.
And then learn more about how you actually Make Money With Amazon Affiliate Marketing.
Go do it!
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