How to Make Passive Income from Amazon? — 5 Steps Guide
The most well-known online store in the world is Amazon. Most of us often buy things from Amazon.com. It frequently includes items costing more than $100.
You can start earning passive income from Amazon in the best possible way by reading this brief blog.
Let’s go step by step
1- Make a Youtube channel
You’ll just need a maximum of 10 minutes for this. Make a straightforward YouTube channel. You’re all set to go once you add a profile picture!
2- Sign Up for Amazon Associate Program
This is a relatively simple assignment as well. Recall that while signing up is free, you must place 3 orders within the first six months to receive final approval.
3- Find products for review
You are not required to purchase anything or any things. Whenever you order something, don’t forget to do an unpacking video. Make a note of the items you already have at home if you don’t intend to buy anything. The products I currently have in my room are listed below.
- Mobile Phone
- Amazon Kindle
- Watch
- Chess Board
- Rubik’s cube
- Water Bottle
- Books
- Bag
- Jacket
- Headphone
- Perfume
The majority of the aforementioned goods are widely used and relatively common. Create a list of at least 20–30 products you currently own.
4- Create a list of titles
From the list of products, start creating a list of titles on which you want to make a video. For e.g.
- 5 Best books which changed my life
- Which chess board you should buy?
- My experience of using kindle after 6 months
- Best coffee brands in 2022
The best part is you can make videos every year for some products. For e.g. we usually buy a few clothes every year.
You can also make experience videos every 6 months. Suppose you have a kindle device. Make a video on my experience of using kindle after 6 months, 12 months, 18 months, 24 months, 5 years, etc.
5- Start Creating Content
Now everything is ready.
You can start making videos that are 4–6 minutes long and explain the products. You will require a simple microphone and a good camera phone for this.
You can create a video with your face on it or one without.
How much you can make?
Let’s perform a quick computation.
You publish two videos each week. You’ve already released more than 50 videos in the last six months.
Each of your videos has received 200 views as of the seventh month. Then, in the seventh month, you will receive 10,000 views.
For views of videos, the typical clickthrough rate to Amazon is 5–7%. This implies that you will receive about 600 clicks on Amazon.
The conversation rate from those 600 clicks is 7–9%. Around 50 conversions result from it.
Assuming you receive $8–10 each conversion, you might easily earn $400–600 per month from completely passive sources.
How to scale?
This will gradually expand. But keep in mind that regular YouTube video posting is required. You can eventually switch to various products and marketplaces that offer bigger commissions.
E.g. Digital goods often pay a commission of 30 to 50 percent on each sale. Also, the membership websites offer recurrent 20–50% commissions.
Of course, most of us can’t rely on this to support ourselves full-time. Yet with very little work invested, this is a good side business.
