How to Earn from Amazon from Home with 3 Automation Tools
Published on November 12, 2024by Botster
Trying to learn how to earn money from Amazon at home? Good decision! And of course, you just landed on the best guide around.
Whether learning how to earn money with Amazon is your first step toward building a passive income empire or you’ve built something on the Internet before now, this guide will definitely teach you something new.
Making money online is not exactly as easy as most Instagram influencers paint it to be. You can take it from me as a person who’s had a bunch of experience building online businesses.
What can help make your journey to success faster, however, is having a repeatable process that works. Have that and your journey to earning with Amazon automatically becomes 50% easier!
That is why in this guide, I will hold your hand and show you how to earn money using Amazon even in the comfort of your home.
From this step-by-step guide, you’ll learn:
- How to select best-selling products to earn money with Amazon
- How to track competitor prices to earn money from Amazon
- How to identify and sell unique products offered by only a few sellers to earn money on Amazon
If you’d like to watch a quick video showing the steps in just a few minutes instead, here’s a video I made based on this guide showing the steps and results:
By the time you go through the steps and tools described below, you will have acquired everything you need to scrape and earn money through Amazon without leaving the comfort of your home.
As always, I will teach you this strategy and set up the required tools using a practical approach to show you just how simple yet powerful this is. And the best part is that this strategy works regardless of the product niche you’re targeting.
This is not just another BS theoretical guide that simply talks about ways to earn money on Amazon but doesn’t show you exactly how you can jump on the bandwagon and get your share out of this “international cake”. That’s the knowledge gap I’ll be filling in this article.
But first, let me answer the question of how many ways to earn money from Amazon there are.
When we talk about earning money from Amazon, the primary way to do that is by selling one product or another. Although you can also make money from Amazon through their affiliate marketing or work for someone else as a store manager, that’s not the focus of this guide.
The focus here is to show you a standard process you can follow to find and select the best products you can sell to start earning from Amazon. To do that, I will use these tools to find an example product — gaming chairs — and take you through the process of selecting the best ones you can offer in your own store.
Sounds like a plan? Let’s get started!
How to earn money on Amazon from home
Step 1 - Select best-selling products to earn money with Amazon
The very first step in this strategy for earning through Amazon involves collecting data in bulk from the platform for proper analysis and selection to pick the ones with the best and easiest chance for success.
When it comes to extracting data, you can either go the manual route or the automated route. The difference is simple — manual data extraction is boring and time-consuming, while the automated method is swift, helping you reach your goals faster.
For the fastest Amazon data extraction, I’ll recommend the Amazon Search Extractor, a bot that is designed to bulk-extract a list of products from Amazon based on the search keywords you provide. You can then download the results as an Excel or a CSV file and continue your journey toward earning money through Amazon from there.
To access the Amazon Search Extractor, you must first open an account on Botster:
Registration is fast and easy, and your credit card details are not required. You can continue with this guide right away!
Once you’ve done that, continue with this step-by-step guide on how to earn money online with Amazon by following the steps below:
- Launch the Amazon Search Extractor’s start page by clicking on “Start Bot”:
- Next, name your job and set a folder if you wish:
- Next, input your search keywords. In my case, it’s “gaming chair”. But like I said, this strategy for how to earn through Amazon works regardless of the product niche you're targeting:
- If you’re targeting a particular country and language, select them:
- Now set up your notifications and specify how you want to receive the file. For email notifications, tick “Attach results to the notification email”:
- Finally, click on “Start This Bot” to launch this tool into action right away!
That’s it! You’re done in a minute! 🚀
That was the first step in this guide on how to earn money from home with Amazon!
Video guide
If you’d like to see the video walkthrough for the Amazon Search Extractor, I pre-recorded one earlier. Here you go:
Results
Once the Amazon Search Extractor is done working, you can download the results file to your computer. Opening the file in Excel should give you something similar to this:
Before we move on to the next step in this guide on how to earn income on Amazon, here are some tips for you.
Tips
- First, I’ll recommend sorting the results by the column “Best seller” and then by “Amazon choice” and selecting those with “yes”. These products are the top-performing products and if you wanna sell on Amazon, you better sell something in high demand. That’s one of the secrets to earning money on Amazon.
- Keep the results file open as we’ll be using the extracted URLs of selected products in the next bot in step 2.
- Keep an eye on the column titled “ASIN” as we’ll be using the extracted ASINs of selected products in step 3.
- I’ll also recommend reading my full guide on how to find best selling products on Amazon with low competition for advanced product research strategies.
Step 2 - Track competitor prices to earn money from Amazon
Proceeding to the next step on how to earn money from Amazon online, we’ll be tracking the prices of selected products from existing sellers to develop an excellent pricing strategy to help compete in the marketplace.
To do this, I’ll recommend another bot known as the Amazon Product Price Tracker. When it comes to learning how to sell Amazon products and earn money, this bot is essential if you want to gain an upper hand over your competitors.
The Amazon Product Price Tracker is a tool that monitors Amazon product prices on autopilot and sends you notifications if the price changes at any point. It can also notify you when the goods being monitored run out of stock and when they become available for purchase again.
Using this bot to earn from Amazon is quite easy:
- Launch the Amazon Product Price Tracker’s start page and name your job as described earlier.
- Next, in the results we got from the previous extraction, locate and copy the data in the column titled “Product URL” and paste them into the field titled “Product URL”. Delete excess characters and let the URL stop at the ASIN code:
- Next, set up the notification condition depending on how you want to receive subsequent visits:
- Next up, specify your scheduling options to set how often the bot should check for price changes and send notifications:
- Next, set an expiry date for the job if needed or let run until stopped manually:
- Once that is done, click on “Start this bot” to launch the tool into action!
And there goes the second step for how to earn from Amazon online through web scraping!
After each run, the bot will automatically send you an email containing a list of the products that have had a price change or have run out of stock. The interval depends on your scheduling settings but the one above will let the bot run once daily at 10 am.
Video guide
I have also pre-recorded a video guide for this software. Watch it below to actually see the steps and the bot in action:
Results
You’ll always receive updates from the bot in your email, but you can also check the bot’s log from the project page where you’ll see something like this:
Before showing you the final step in this strategy on how to earn money from Amazon at home, here are some tips for you.
Tips
- Once you get your results from this bot, I’ll recommend analyzing competitor prices and adjusting your own pricing strategy accordingly to help you stay competitive and earn money by promoting Amazon products.
- I’ll recommend setting the bot to run every 10 or 30 minutes if you’re expecting an active “discount season” such as during Black Friday and the Cyber Week period. This will help you catch discount prices as they roll in.
- You can also set the bot to run once per day during regular seasons when no discounts are expected. This will help you track normal price changes from your competitors.
- If you’re in a very stable market where price changes are not common, you can set the bot to run once a week instead.
- Finally, I’d recommend reading my guide on how to get Amazon price alerts for a more detailed description of this bot.
Step 3 - Sell unique products offered by only a few sellers to earn money on Amazon
Now, for the final step on how to earn money online on Amazon, I’ll be showing you another tool. The goal for this step is to find other stores that sell a specific product and identify the ones with the least competition so we don’t get into an oversaturated market.
To find these sellers, we’ll be using the Amazon Seller Search Tool. The Amazon Seller Search Tool is a bot that is designed to find Amazon sellers of a particular product and export information about them, including position, seller name, seller URL, price, condition (e.g. new, used, very good, etc.), rating, votes, and others.
Using this bot for earning money with Amazon is as easy as the other ones I’ve described. Follow the steps below to launch the Amazon Seller Search Tool:
- The first thing you’ll need here is the ASIN codes for the specific products you’ve shortlisted. Luckily, you can get it from the results of the first bot in this strategy:
- Now, copy the ASIN codes, go back to the Amazon Seller Search Tool tab, and paste them in the ASIN box:
- You can launch the bot into action right away and that’s it! You’re done.
And that concludes the bot setups for this guide on how to earn money through Amazon. All that’s left now is to analyze the results from this bot and start selling!
Video guide
Below is a quick video guide showing how to get the ASIN of any product and also launch the Amazon Seller Search Tool:
Results
Viewing the result from this job in Excel should give you something similar to this:
Tips
Here’s how to earn money online from Amazon using the data you’ve extracted:
- First, analyze the data by checking how many sellers offer each of your target products and only selecting products offered by just a few sellers. This simply means you have less competition to deal with.
- Next, check the price column to see the price range these sellers are offering their products at. Also, pay attention to the “condition” column to know if the product is used or new.
- Finally, read my guide on how to market your product on Amazon to learn top-tier marketing strategies that can help you with how to start earning money on Amazon.
Free trial for the automation tools that can help you earn with Amazon
And that’s everything about how to earn money online through Amazon. What’s left now is for you to apply this strategy just as I have described above.
As I said at the beginning of this guide, there are different ways to earn money from Amazon, but I’ve only focused on being a seller in this guide. Believe me when I say this single method is enough if you start early and get it right.
To quickly get started earning on Amazon, I’d recommend that you take advantage of Botster’s 7-day free trial period immediately. Really, it doesn’t get better than this. You have the strategy. You know the tools needed. And now, you have free access to these automation bots so you can take action immediately.
The best part is that even after the free trial period is over, these bots are super affordable. That’s why we call them “freemium tools” because they do premium jobs but cost so little you’d think they’re free.
Combined, the bots described above cost about the same or even less than you’d spend on a sandwich, yet their benefits for your business are much more enormous.
You don’t need to Google “how to start earning from Amazon” one more time. Simply create a free Botster account and get started right away!
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