in this video i'm going to be giving you
five potential ways that you can make
money from
amazon without selling a single product
what's up guys christos here and welcome
back for another video now
you will mainly know me for making
videos about how to resell
products for a profit on amazon and
making money
that way but today's video i'm actually
going to be telling you still how to
make money from amazon
but this time you don't actually have to
sell a physical product to do so and i'm
going to be diving into these methods in
just a second and just to clarify guys
i have personally made profit from three
out of the five of the
different ways that i'm going to be
talking about but also i know
people that have made money from the
other two that i personally haven't
tried out yet
so um all of these different methods are
completely legitimate i'll provide
examples on each
one but yeah let's get into it the only
thing i always ask you guys to do is if
you like this kind of content make sure
you hit that like button down below
and subscribe to the channel if you
haven't already but apart from that
let's get into the list okay so the
first way that you can make money from
amazon without
selling a single product is for a thing
called amazon affiliates now
basically what amazon have is an
affiliate program
where if you have either a youtube
channel a blog or a social media
presence
you can recommend products that are on
the amazon website
and you can get paid a commission if the
customer was to buy that product now
let's just use an example of myself
in the past i've made various videos
sharing the different supplies that i
use
to run my amazon business in those
videos i have used amazon affiliate
links to things such as tape shipping
scales and stuff like that and if people
were to purchase that product
through my link on amazon i would get
around two to three percent of that sale
now that is not much
but if you are building that up over
thousands of viewers that are
potentially buying thousands of those
products
it can become quite a nice income in the
long run
and the other really cool thing about
the amazon affiliate program is that
if someone wants to purchase a product
it could be something as small as like a
roll of tape
for the next 24 hours if they were to
purchase
anything else on the amazon website
you would also get the affiliate
commission for that obviously amazon is
a massive platform so the chances of
someone else doing some more shopping on
that website
within 24 hours are quite high and it's
a really good chance for you to build up
some side income
that's if you have either a social media
presence a youtube presence or maybe a
website or a blog now what this business
model is called is affiliate marketing
now i'm not going to go deep into
affiliate marketing in this video but i
have made basically an introduction to
affiliate marketing on my youtube
channel
and i'll leave a link above there for
you guys to go and check that out if
that is something you are
interested in now the second way that
you can make money from amazon without
reselling a physical product
is by investing into amazon on the stock
market
now this is something that i personally
did in mid 2017 when i didn't really
know too much about the stock market i
was very new to it at the time
definitely my investment strategy has
changed a lot now
but basically i bought amazon when it
was around 750 to 800
and then i sold it at around 1
100 which is obviously selling it for a
profit and that kind of qualifies into
this video if i actually made money from
amazon personally if i could have gone
back and changed some things i would
have kept hold of that one stock
that i purchased because amazon stock
has now gone up from the 750-ish
dollars that i invested in that all the
way up to 3
200 on the date of recording this video
which is absolutely insane that is a
profit of over two thousand
dollars in just over three years so um
that is one way that you can make money
from amazon is definitely by
investing in it now one thing that i
have to say is when
you are investing in stocks especially
in individual stock
you have to know the risk so you can
always say that you should definitely be
risking only money that you can afford
to lose
and this is definitely not any financial
advice for you
in terms of investing into different
stocks and stuff like that but this is
one way that i have personally made
money from amazon in the past
of course because it has just gone up in
the past it doesn't mean it's going to
continue going up in the future so when
you are looking
at amazon stock or any kind of stock
make sure you're doing
your own due diligence before you invest
if you were interested in taking a look
at amazon as a stock or maybe any stock
or just
investing in general and i highly
recommend this new app that i've been
trying out recently it's called free
trade where you can trade
stocks with zero commission which is
absolutely fantastic
if you were to use my link down below we
will both get a share
worth anything between three and two
hundred dollars for
absolutely free all you need to do is
deposit one pound onto the platform and
then within a certain amount of days
your free share will be sent to you so
make sure you go and check those guys
out down below
but yeah second way that you can make
money on amazon without reselling a
physical product is by
investing in amazon now the third way
that i want to talk about is something
that i
personally haven't done but i had to
include it in this video because
i have a really close friend that was
doing this for a long time
but then they actually discovered
reselling on amazon and they've kind of
dropped this one but this one is still a
really good way of making money on
amazon
and that is starting up amazon flex now
basically if you didn't know what amazon
flex was it is basically like the uber
for amazon parcels basically what you
have is an amazon flex
app you book yourself a time where you
want to go and work and deliver parcels
for people
you don't need a van you don't need
anything like that you can do it in your
own car and you will actually get paid
anything between
13 and 15 pounds per hour working for
amazon flex which i think is absolutely
amazing
and like i said it's not a full-time job
it's not
like a job or anything like that you
book your own time in
and you can actually make money doing it
now my dad lives in america and i know
that this
is absolutely massive out there at the
moment and i still personally think it
is still quite
quiet in the uk it's not as mainstream
as it is
over in the states but i think this is
only going to get bigger
and more popular as the time goes on
what i will do is leave a link to the
amazon flex website it's all official
through amazon
that you can go and check out and maybe
it might be suitable for you maybe not
but i personally think it's a really
good way to make some money on amazon
especially if you've got some spare time
that you don't mind doing a little bit
of driving
as well so go and check that out moving
on to the fourth way that you can make
money on
amazon without reselling a physical
product is by
selling your profitable deals to a deal
sheet provider so quickly just to break
this down for people that are probably
a little bit confused basically on
amazon there is a business model out
there and it's something that i talk
about a lot on my youtube channel called
retail and online arbitrage and
basically all this business model
consists of is going to retail stores
buying products on the cheap
and then selling them on amazon for a
profit now
what some people do is actually sell
their deals that they find in the stores
to what is called a deal sheet provider
and basically a deal sheet provider is a
service
which they offer to amazon sellers that
do this business model
where they provide them with x amount of
deals every single day that they can go
out and purchase
in the store and sell on amazon for a
profit now i know you're probably
thinking why wouldn't they just buy them
deals for themselves number one
maybe they're not interested in storing
products and selling them
on amazon or anything like that number
two they may be already selling on
amazon but they don't have the money to
actually buy
new products so they're just selling the
deals that they're finding
instead to raise a bit of capital and
number three maybe they just enjoy doing
this a little
bit more now i've personally done this a
couple of times in the past when my
capital has been really low
when i haven't had money to go and buy
stock and basically the deal sheet
service that i personally use
is online arbitrage deals i will leave
some screenshots on the screen here but
you can go to their website and if you
go all the way down to the bottom
there is a thing called deal arbitrage
and basically all you need to do
is submit a deal that meets the certain
criteria that they are
asking for and they will pay you 10
pounds for every deal that you find
which isn't really that bad considering
you have to pay no money up front
to buy the products or anything like
that all you need to be doing is
actually finding a profitable deal
that sells well on amazon and they will
give you the money almost instantly so
that's a really cool way that you can
actually make money without actually
investing or risking any capital upfront
you can just get paid by doing some
searching on the internet and find some
cool deals now the fifth and final way
that you can make money on
amazon is something that i'm personally
going to be looking at in the future i
haven't done yet but i know it's a
really cool business model if you can
get it right
and that is doing merch by amazon now
for those that don't know what merch by
amazon is
it's basically a print on demand service
that amazon
offers where you can upload your own
t-shirt designs jumper designs or
anything like that
to amazon and what they will basically
then do is list your design
on their website and if someone was to
purchase your t-shirt design
from amazon they will print the design
onto the t-shirt for you and then send
it to the customer this is really good
because of course
you do not have to buy the physical
t-shirts all you have to do
is upload the designs to amazon and if
they sell you get paid
all being the profit margin isn't going
to be as big if you bring the t-shirts
in yourself but once again you are
having to risk
zero capital upfront to actually start
this now
merch by amazon is actually in really
high demand at the moment so you do
actually have to request an invite on
there but you can go over to the website
and set that up i'll leave a link to the
website
in the description down below but from
that guys there are five different ways
that you can potentially make money
on amazon without reselling a physical
product
hope you liked the video if you did
leave it a like and subscribe to the
channel if you haven't already and i
shall catch you guys
in the next one take care