Cash In On The Biggest Game In Town

Dear Rich Lifer,

These last few weeks have been kind of… rocky to put it mildly.

Ultimately, late February and March have been a catastrophe in the stock market, and in the business sector.

For a lucky few, though?

This has been a perfect time to make money hand over fist.

It seems unbelievable, but even in these trying times, some people made hundreds or even thousands every day.

Best of all, these folks didn’t do anything illegal or unethical.

They weren’t selling toilet paper on the black market.

They didn’t sell hand sanitizer a squirt at a time.

And they didn’t cash in by sewing and selling homemade face masks.

What these folks did was much simpler.

In fact, in many cases, they didn’t even have to lift a finger!

All they did was set themselves up with a seller’s account on the world’s greatest marketplace.

The World’s Greatest Marketplace: Amazon

Amazon might be getting a bad rap right now because some unscrupulous sellers have jacked up prices on the goods people need the most in a crisis, but there are two things you need to know about that.

One, those sellers will soon see the consequences of their actions. Amazon is cracking down on this type of behavior – hard.

And two, when you sell on Amazon, you get to set your prices however you like, so if you never want to be that kind of guy, you don’t have to be.

Knowing all of this, you might be wondering…

What can you offer to sell on Amazon? How do you get started if you don’t have a giant warehouse full of goods?

It turns out there are several ways to make big money on Amazon, and with a few of them, you never have to warehouse, ship, or even touch a product at all.

Here are the best ways to make money on Amazon.

Merch By Amazon
Have you ever seen those funny, but oddly specific t-shirts that say things like, “The Best Drinking Buddies Are Born In March” or “Nebraska Farmers Do It Better”? If so, you’ve probably already seen a Merch product in the wild.

The Merch By Amazon program allows you to upload graphic designs and sell them on t-shirts, sweatshirts, phone grips, and more. Best of all, you don’t have to have a huge background in design to make this work – there are lots of companies out there that will make the designs for you, so all you have to do is list them and wait for people to buy.

This program is by invitation only, so join the list here.

Kindle Direct Publishing
Do you like reading books from the convenience of your smartphone or tablet? Have you ever purchased a sudoku book to entertain you on a long flight, or a coloring book for your granddaughter’s birthday?

If you’ve got experience with any of these items, you know exactly what it takes to sell on Kindle Direct Publishing (aka KDP).

From masterpiece novels to low-content journals, you can create and sell just about any kind of digital or physical book on KDP. This program allows you to “Self-publish eBooks and paperbacks for free with Kindle Direct Publishing, and reach millions of readers on Amazon” – and that’s an opportunity worth taking.

Amazon Ignite
Do you have educational experience? If so, Amazon Ignite could be perfect for you. This program allows people to sell teaching materials for the K-12 education space.

The best part is that this could be just about anything. You want to make arithmetic sheets? Perfect. You’ve got prompts for middle schoolers to write in their science journals? That works, too. This program is also by invitation only, but you can join the waiting list here.

Amazon Influencers Program
If you have a large following on social media, you can create an influencer shop right on Amazon and make lists of products you personally recommend. Even if you’re not into the social media scene, you might want to recommend this option to your social-savvy kids or grandkids.

Amazon Affiliates Program
Similarly, if you have a blog or a forum you’re very active in, you can make money with the Amazon Affiliates program just by recommending products you like.

All you do is create an account and get special affiliate links for the products. Then, when you share those links and people click on them to buy, you make money. Simple as that.

You do need to disclose that you’re sharing affiliate links in order to keep the FCC off your back, but if you can remember that one small detail, you’re golden.

Fulfillment By Amazon
One of the best ways to make money on Amazon is to sell general goods. Whether you have them drop shipped directly from the manufacturers or use Fulfillment by Amazon (where Amazon warehouses, packages, and ships them for you), you can easily sell just about anything and there will be a buyer for it. For a free and comprehensive guide on how to get started, check out the blog at My Wife Quit Her Job.

Look, Amazon is not going away any time soon. With Jeff Bezos’s leadership and insight, they’re growing more and more every day. At this point, there are so many ways to make money with them – there’s definitely one that could work for you.

No matter what’s going on in the world, people will always need clothing, books, and even creature comforts. Amazon helps you make money by providing these things.

Check into the program that interests you the most and get started. This is not an overnight thing, and there’s always a learning curve to trying something new, but having said that?

There’s no time like the present to get started.

To a richer life,

Nilus Mattive

Nilus Mattive

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Nilus Mattive

Nilus is the editor for the daily e-letter The Rich Life Roadmap and a Paradigm Press analyst.

Nilus began his professional career at Jono Steinberg’s Individual Investor Group, where he published his original research through a regular investment column. Later, he worked for a private equity business and spent five years editing Standard and Poor’s...

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