When Amazon.com first launched in the mid-1990s as the world’s largest online bookstore, no one could have imagined how it would become the giant retailer of virtually everything under the sun. Yet, this is how online e-commerce has evolved over the past two decades.
Ecommerce sales on Amazon.com this year are set to hit $ 1.2 trillion, making it one of the largest and fastest growing industries the world has ever seen . Millions of online sellers are building their own amazing selling machines on the platform every day and leveraging the massive crowd of buyers that Amazon has aggregated on its platform to sell a host of different things.
And we are far from slowing down. In fact, most pundits tell us we’re on the cusp of a powerful capacity expansion that should eclipse anything we’ve seen so far. The good news is that this creates a great opportunity for any enterprising entrepreneur, owner of a large or small business, to benefit from this book.
Many vendors, including those with 6-figure annual revenues from internet-based e-commerce businesses, started their careers as affiliate marketers. They offered products and services created by other companies and saw that there was potential in this niche. They then set up businesses around these areas and fulfilled the orders themselves.
Amazon was one of the most popular choices for affiliates to learn the ropes of ecommerce. And as they grew to offer products to large swathes of the online market, millions of affiliate marketers gathered on the portal to register as associates and promote these products. to their own buying public.
They could offer the world’s biggest brands and the best-known products directly to their homes, ordering them over the Internet. Online retailer affiliates didn’t even have to touch a product or ship it to buyers. They come to earn a healthy referral income by referring new customers to the service.
Anyone who already comes from a retail background will find this very appealing as they can now attract new audiences to offers on the internet and by advertising on social media like Facebook, Instagram and Twitter. It is even possible to develop a nice additional sideline to an existing offline retail chain, where the website and online customers become additional assets to your business that complement regular in-store shoppers.