The Amazon Formula: Making Money Online
Posted: 22/01/2012 Filed under: Advice, Blog, Money | Tags: Amazon Associate, Amazon Kindle, Amazon.com, blogging, get rich, Google Adwords, increase income, Loreto, make, money, Peru, South America, supplement income Leave a comment »Right. Its not what you think.
I have been trying to supplement my income for ages, and this blog is NOT set up to make me money. It isn’t entirely monotenized (there are a few links to Amazon that earn me a small commission if a sale is made) but there are no adverts and nothing else that will make me money. If I did decide that I wanted to make money, I would have to rely on selling books and speaking tours and amazon links. I won’t be raking it in ever.
In the last few weeks I have been researching into methods that one could montenize a blog and actually make money from writing about subjects that are enjoyable for the writer to write and engaging for the audience to read. I am a poet first and foremost, but out of poetry should not necessarily come poverty and in this time of economic strife and hardship, I am not the only person looking to supplement my income.
Dropshipping is an interesting way of making extra cash. You sell the goods, the supplier posts the goods to your buyer and you make the profit, albeit very small. There are plenty of resources about how to make money this way, but if you have no money to lay down to invest in fees and setting things up, its not really pratical.
So here is the Amazon Formula which is interesting but I want to know if it would actually work? Have a look for yourself. theamazonformula is a .pdf file.
The basics of this formula is that you start a blog, sign up to Google Adwords and Amazon Associates, choose a product/s you like and would want to write about and then post post post. The idea is that people like your reviews and then want to rush off and buy the products that you are reviewing. Good in theory, but in practice? I need convincing.
Related articles
- How much money can you make online – Income report #1 (aaronchua.com)
- Mrs. Money: Save Money on Infant Formula (savings.com)
- Use Amazon’s Subscribe and Save to Automate Office Lunches [Amazon] (lifehacker.com)
