There are many ways to make money online from the internet, but here we will briefly discuss how to earn money from Amazon in Pakistan, as you all know, Amazon officially allows Pakistan in its seller list, now Pakistani can create a seller account legally.
Right now, most people are earning millions of rupees from Amazon, while sitting in their homes
Real Ways to Make Money from Amazon in Pakistan
Make money from Amazon Associates (Affiliate Marketing)
Amazon Associates, you literally just sign up for this, it’s free.
And you could recommend anything on Amazon and get commissions from it. One of the most lucrative ways are just cameras, because they’re very, very expensive things.
So, the more higher price point the product is, the more money you could actually go ahead and make a lot of people make a lot of money just on the side, promoting and recommending high ticket products, like for example cameras.
And like I said, it doesn’t necessarily have to be cameras, you just look around, do you have your TV, you have strollers, if you have a baby, you have your baby carriage.
There are so many ways that if you just leave a review on Amazon, or on YouTube with like your free affiliate link on Amazon, you could go ahead and make money.
Kindle Publishing & Creating Audiobooks on Amazon & Make Money Online
The second way actually is Direct Publishing or Kindle publishing or creating audiobooks.
Now I actually have friends that make anywhere from it up to 100$ to 200$ to even 300$ a month, promoting books that they don’t even have to write themselves.
Now it doesn’t necessarily have to be a book that you write like, there’s a lot of people that write books, that they literally find a ghostwriter to do the hard work for them.
And they turn it into a business themselves. A lot of these books that on amazon not a lot of the authors themselves actually write them and they get someone else to ghost write them for maybe like 500$.
I guess for a book. But if it does do really well and gets a bunch of sales, and that’s pure passive income on your part.
It is a place in Lahore Pakistan, where there’s a lot of people that work online ended up leaving, you know, the UK, Australia and America to go and live in.
I actually met a friend that did really well on this and I found out what books do you actually sell? Do you actually even write these books yourself? And he told me that he writes these style books where like, the Vampire Romances, or you know, like, where some type of wolf comes from the mountains and goes in like, takes a woman and makes her fall in love. It’s just like the weirdest of niches.
But for some reason, that’s where most of his money was coming from, with Kindle Direct Publishing all of these like Roman style things.
Because when people really enjoy the first book, they continually buy more and more.
And the craziest thing is, he’s not a writer. He’s just some British guy that hired somebody else from the Pakistan, did you have the writing forum to make the most ridiculous story when it comes to romances and vampires, and motorcycles, and it’s just really interesting, a lot of these people are making money.
And odds are most of these people didn’t even actually write the book.
Make money online from Drop Shipping
Now, the third way is drop shipping. So, a lot of people, what they’re actually doing right now is they are going and taking products from other places, like for example, Walmart, or other products like overstock, and they go ahead and they just list it on Amazon.
Now, there are some things that you have to do a lot of hurdles on I remember when I learned this tactic around 2016, I think, and it just blew my mind that I never understand why people would actually buy things that are cheaper on Walmart on Amazon.
And it’s literally because of the fact that Amazon is a marketplace in its own little universe in itself.
Like when you go to Amazon, you don’t really go and shop around, you just go there, make an order and get your order within a couple of days.
That’s why a lot of people are taking advantage of the Amazon brand and realizing Wow, I can actually go and sell other people’s products on here, meaning it’s a very low risk to me, the only downside, it’s very, very low profit margins.
Make money online from Amazon FBA
Now the fourth way, which is what I did back in, I think 2017 2019. And that’s Amazon FBA.
Now this is going to be a lot more higher ticket, you’re gonna have to have a higher risk, like what I did is I ended up buying like 3000 to $5,000 worth of grill gloves.
And as you guys can check, it’s like $1 $2 , it’s like $1 $2 per pair. And we were flipping them for like 15 to 20 dollars on Amazon on that time.
These were kind of like the style of gloves that we were going to go ahead and sell and these are actually my competitors back in the day.
So, it’s actually really crazy that they’re still doing really, really well.
You know, they have 2000 views. They’re selling it for 17$, but their price is only about $2. Right?
So, after Amazon takes their fees, they’re probably keeping anywhere from like five to $10 a pop.
If you are able to make this happen. It is pretty passive income.
The only downside is it’s a lot higher risk than you think. Competition comes in. When people see things are doing really, really well.
They come and take you the like for example, I sold the gloves and I was kind of like the first mover’s advantage.
But then everyone started selling the exact same damn gloves as me and it turned into a giant price war.
I remember these guys were literally like the top dogs at the time and they just like bullied me around.
They tried Little anywhere from like $9 to really beat me from, like the reviews.
And I was a small person, right. So, I couldn’t just give all of these products away technically at breakeven to just buy more because I didn’t have the capital to buy more and more grill gloves.
And on top of that, it takes anywhere from like, three weeks to even three months to get these products from China, and then sent over to Amazon, that’s not also talking about the different negotiations that you have with the Chinese because all these are Chinese manufacturers, a lot of them are really interesting when it comes to in English, you speak via Skype, it’s literally negotiation.
So, even though it says $1 to $3, for peace, they’re open to negotiation.
So, if you do not like high risk things, even though you could get passive income, it’s still one of the most high risk things, especially if you’re just getting started, expect anywhere to spend 2000 to $3,000, just for the product.
And then you have to go and figure out how to optimize this specific listing, so that it actually can be seen on Amazon, you know, you have to learn how to write the right descriptions, the right words that get people to buy.
And not only that, but the right titles as well, as well as a lot of the search engine optimization, that’s a whole nother skill, I wouldn’t actually recommend this to get started with Amazon, there’s a lot less riskier ways.
Like if you look at the Amazon Associates. And with this, the only downside with this is it’s not as profitable as some other ways that I’m going to share with you pretty soon.
Earn money on Amazon by selling your service online
Now the fifth one is starting to learn all these things, but then selling it as a service. There’s like this little gold rush where a lot of people are realizing that it’s very hard to make money with Amazon because of the competition.
And because of the barrier of entry, like you need anywhere from like 5000, to $10,000, to actually go ahead and succeed with this.
I have a friend here in Karachi that does really well on Amazon. And he said, the reason why beginners fail at this is because we build them out, we literally launch anywhere from like 3000 to $10,000 worth of money that we use to launch each one of these products.
And we expect many of them to fail. But the ones that do succeed are the ones that make up for the losses.
The problem with beginners, when they come into this is, like I said, they don’t have the experience and the knowledge and expertise to actually grow this, right.
So, a lot of people are doing now instead is they’re leveraging the people that already have the money.
They go to people that want to invest into certain things into certain assets or whatnot. And they said, hey, what if I just build all this for you.
So instead of you actually investing your own money, you go up to somebody, it’s called a high net worth individual and said, Hey, I’ll literally build your Amazon brand for you literally don’t have to do anything.
And you just have to upfront the capital. That’s really it. It’s a smarter way, because you guys got to realize that when you get started in online business, especially Amazon, it doesn’t necessarily have to be your own money.
Why do you think people in Silicon Valley raise millions of dollars, they have, like a lot of people have the money themselves to actually go and you know, build their projects.
The thing about these entrepreneurs is they’re very smart, and they don’t invest their entire life savings in the things.
That’s why they raise capital. And that way they mitigate the risk by having higher people with more money, where if they lose their money, it’s a very, very small fraction of their net worth, compared to most people that get started in Amazon.
They’re like, Oh, my God, let me just take my entire life savings, just throw it in there.
And they mitigate their risk by turning this into a service, while also getting a percentage of the upside.
You see, you probably see the ads over and over again, they’re like, oh, we’ll build an Amazon store for you.
And what that service essentially is, is they’re gonna build all this for you, they’re gonna charge you $10,000 upfront, and they’re gonna charge you anywhere from 20% to 40% of your profits.
They’re probably wondering, Well, why would investors actually want that? Well, they don’t have to do anything.
And all an investor thinks is okay, where can I park my money, where I’m going to get more than 10% return of my investment, right?
So, it can be index funds or real estate, you know, that’s, that’s going to be in their higher risk class of investments.
You don’t, they don’t want to learn all these things.
So, I got to do is literally learn by watching a bunch of free videos from YouTube, you don’t use your own money, maybe get a course or two.
But then when it comes to investing in products, you partner with people who are already looking to sell on Amazon.
This is literally what I could have done back if I decided to stay in Amazon.
I was getting anywhere from like 10 to 20 sales a day back in like, I don’t know, like several years ago. And I was like, Man, this is like too complicated.
I don’t have enough cash flow to really invest in more. But people were seeing that I was getting 10 to 20 sales a day with the grill gloves that I was selling.
So, I had a friend that owned a bunch of tanning salons and he was like, I want to get into Amazon. And we were gonna make a deal.
But then I ended up leaving Lahore to Karachi and then to my entire fantasy so never pulled through.
But it is a good opportunity, especially if you are willing to put in the sweat equity, which is pretty well if you’re just getting started in entrepreneurship, you have somebody front the money, but it’s your time and your sweat equity and your learning curve that you have to figure out and make sure that you don’t lose that person’s money as well.
Earn Money from Amazon by selling Products
Now the six way, which is a lot, you know, less of a stress thing, because you’re technically kind of like an employee for somebody else.
That’s becoming a freelancer for six, seven and eight figure Amazon businesses and talking about existing businesses.
Now I have a really close friend here in Karachi, this is his main business, he started off as a freelancer, really helping out people with Amazon businesses, he first started selling on Amazon, and he’s like, Oh, this is too much, I’m just going to turn this into a service.
But the difference between selling it as a service to you know what, like people that want to invest money, this is essentially like you’re a service provider for an existing business.
So, You can see on Amazon many persons does listing optimization.
So, they literally helps the seller, somebody who’s already selling, selling on Amazon create the entire thing, right? Because the thing about all these products is there’s a businessman behind it that doesn’t want to do all these things.
The problem with most people is they think when they get started in entrepreneurship, they have to do everything. But they don’t, what you can do is you can literally specifically specify a certain skill set that you are good at, you can learn it on YouTube, right? There’s a bunch of free videos.
And you could then sell that as a service. Most persons charges $75 an hour has made over $200,000. And they are from the US, and many other from other countries.
And the crazy thing is, like I said, you could use this to start you know,
maybe if you have a job, start leaving your job just a little bit, start making money online, and then you have like the safety net, where then you can start focusing on you know, different other business ideas, then you can just check it out on Upwork.com.
And last but not least, this is my favorite. Because when it comes to a gold rush, the people that make the most money aren’t the people that find the gold, it’s the people that sell the shovels.
And that is becoming an affiliate for courses that actually sell on Amazon.
You know, what you see the entire demand is a lot of people are going on here and trying to figure out how to make money on Amazon.
Which means if you really think about it, it’s the exact same thing in the Gold Rush, a lot of people are going to Islamabad, same way to find gold, a lot of people are going to Amazon to make money because it’s like the biggest freaking company in the entire world.
So, what a lot of people are doing is skipping all of this.
And just going straight to email marketing, building an audience on their email list.
They don’t have to make videos, and then promoting high ticket offers.
Like I remember when I built it like a small list of emails back in the day, even before I started Blogging & Vlogging.
And I remember for some reason, we were running money, we were running ads on Facebook ads, and my Facebook ads were just completely destroyed.
I was banned from running ads from Facebook, for some weird reason I ended up getting it back.
But for a couple of months, I was scared because all of my income was just gone.
And all I had was a very small email list, and a group of people that want to learn how to make money online.
Now the thing about that at the time is this company started, you know, creating high ticket products, there were like $5,000 per course or whatnot, right? And you could see kind of like the affiliates, you might notice this guy, he has like a big YouTube channel, and all these other people that also kind of promoted this product or worked with them in the past.
And what they essentially do is they teach normal people how to start a business on Amazon.
So, when I was like literally like all my income was gone, I had this, I didn’t have any product to sell.
But I had the small email list. I just asked them what it is that they wanted. And they’re like, I want to learn how to sell on Amazon.
But me even though I was getting 10 to 20 sales a day on my Amazon business in the past before I stopped it because of just competition and headache and hassle.
I was like, you know, I’m not the expert, let me go find and partner with the expert.
And that’s when I actually bumped into these guys. And a lot of these people, you know, you get half or I think 40% of the sale.
So imagine this, I just sent it similar like little like emails to my email list that people are like, oh, wow, I want in on this.
They did all the selling for me by doing webinars for me by doing video sales letters for me by doing email marketing for me on their end.
And if somebody ended up buying, I would get anywhere from like $2,000 Commission.
So that first month, I only got five people to buy, right? I only got five people to buy.
But that was $10,000 profit into my pocket. Now you got to compare that to how long it will take you to do $10,000 profit here, right, you have to trade your time for money.
So, it’s essentially a job. If you look at here, you’re trading a lot of money upfront.
So, you’re literally spending $5,000 of money that you might not have that you might put it on a credit card. And that’s what makes it scary to make $10,000 say you sell like 20 products a day 20 products a day at I don’t know $5 profit.
So that’s what like 1000 with whom I talk about that’s like $100 a day profit.
So that’s about like $3,000 profit and you have to get 20 sales a day, okay, compared to five sales a month. Then you have this the profit margins.
literally be as low as like 2%. Right. In some cases when I was doing dropshipping, my profit margin, because I was doing it this way from like Walmart to eBay or Walmart to Amazon, it was literally as little as 2%.
I made most of my money from the travel rewards, credit cards and the cashback sites like racketing, where I would get like a 2% for every single $100 and I would spend, and this it does pretty well I do I have some friends that do really want this but because the barrier of entry is very low, the competition comes in.
So the thing that people are making the most money now isn’t even from ebooks anymore, but it’s from audio books, but it was like that several years ago ebooks was the thing then it turned into paperback books, then that turned into audiobooks.
But then as the barrier of entry is very low, more and more people are going to come in competition comes up. Same thing that happened with Amazon Associates.
The problem the most amazing thing with this is you don’t need that big of an audience.
You don’t need that big of an email list. And this is like just affiliate marketing in pure essence, you build an audience you then sell a product that you do not own You do not have to create you don’t have to fulfill you can be a one man person or one woman person.
You don’t have to do any customer service and you can grow this pretty damn big right and this is just one form of affiliate marketing. People are going from zero to $1,000 a day with this interesting little thing that is happening right now especially during lockdown in CoronaVirus (Covid-19)
As well as if you need to help with doing this yourself with email marketing or building your own website to start building a brand.
I have you will get more benefit from my this experience, and you will start your journey from today.