Tips to earning USD1000 with Amazon within 6 months

In my previous post on making USD500 with Amazon, I thought that my total earnings for Nov will be around that number. The good news is that it exceeded my target by quite a few hundred dollars....

What happened during the last few days is that my traffic really picked up and I was getting USD60-USD90 days. All that added up to increase my Amazon earnings quite significantly. Now, I want to set another target for myself.

USD3000 per month by end of June 2011. Let's see if I can hit that as well.

For new readers, Amazon is not my only source of online income. I started with Adsense much earlier and have already reached a full time income with that. Amazon was the new challenge I set for myself and I am happy to see that I have progressed in my understanding on how to make money with it. Once I hit the 3k target, I might move to a new form of monetization to learn new stuff. It is good to diversify your online earnings in case anything goes wrong with one particular approach. That being said, beginners should not juggle too much balls at once. My recommendation is to master one monetization method first before moving to the next.

Now, on to the new meat of the post, which is to share some of the things I have learned during my Amazon challenge.

Tip 1= Product selection is everything. Unlike adsense which pays you for every click, you need to people to buy for Amazon. Picking products that will accomplish that is the hard part. You will need to experiment with quite a number of products from different niches before finding the one that can convert. You can either do this through Hubpages or free hosted sites. I prefer the latter although it is more work because I gain another site that I can control for backlinks...

Tip 2= When testing your niches, always go for long tail first. These are easier to rank and will let you know in the fastest time possible on whether that niche is worth developing into a full site. If a long tail can bring you traffic that converts, you know that main niche will be very profitable. Why do you think Griz always target long tail first when developing any sites?

Tip 3= Amazon sites convert better when they are prettier. Unlike adsense when you need to be more ugly to draw clicks, people tend to buy more if your site looks to be more like a professional store. I tested a few themes and the better looking ones always draws more sales.

Tip 4= Authority sites can make more money in the long run. Majority of my Amazon earnings just come from 1 site. It was earnings peanuts before Nov but once it gains the all important trust from Google, the kind of growth is quite scary. Not only that, the potential for expansion seems to be limitless as you can always add in new product keywords to draw more traffic and sales.

Tip 5= When building authority sites for product niches, remember to go for both product specific keywords such as kenwood smoothie maker and general evergreen keywords such as best smoothie makers. The former can be ranked easily and helps your site to gain trust from Google through its ranking as well as to help you to make money faster. The latter is to let your site be more passive in the long run so that you don't have to worry about the buying interest for a particular product model slowing down.

Tip 6= Search out communities for your niche to fish out new product keywords even before they are on Amazon. If you are the first, the position will not be easily eroded if you have a strong site and have send some backlinks to these new product keywords.

The above is not a step by step guide to earning money from Amazon. Dave from making money on the Internet is the guru in Amazon and I suggest that you read his blog for specific instructions. What I have written are just my own personal experiences. Hope this will be useful to you and good luck in making money with Amazon.

Posted in: How to make money with amazon