Make Money through Amazon Influencer Program | Monetize your Facebook, Twitter, YouTube, or Instagram Account

Are you looking to make money through your social media accounts like Facebook, Twitter, YouTube, or Instagram? In case your answer is “Yes” then this post is for you. In this post, I will be introducing “Amazon Influencer Program” to you. Recently, Amazon has introduced Amazon Influencer Program in India. Let’s look at how to join Amazon Influencer Program with a qualifying Twitter, Facebook, YouTube, or Instagram account and make money.

What is the Amazon Influencer Program?

The Amazon Influencer Program is an extension to the online Associates program for social media influencers. It is a monetization method that enables social media influencers to make money by recommending products to their followers. With Amazon Influencer Program, you get your own customized page on Amazon with an exclusive vanity URL to showcase the products you recommend to your followers.

The Amazon Influencer Program allows you to choose a name for your Amazon storefront and curate various products into different categories. Refer your followers to your Amazon storefront. You will get a commission when your referral purchases a product.

How does the Amazon Influencer Program work?

The Amazon Influencer Program allows you to create your own storefront on Amazon with a personalized URL to show the products you recommend to your followers. Just promote your URL to make it easier for your followers to shop your recommended products and earn money on qualifying purchases. 

Three simple steps to understand:

1. Create your storefront - Crete your own page on Amazon with a short and personalized URL and use it to recommend thousands of products.

2. Share products - Use your exclusive vanity URL to show the products you recommend to your followers, all in one shoppable spot.

3. Get rewarded - When your followers’ shop through your storefront, you earn money on qualifying purchases.

Eligibility for joining Amazon Influencer Program

Anyone can join Amazon Influencer Program. To be eligible for this program, you are required to have a Facebook, Twitter, YouTube, or Instagram account. However, Amazon will look at the number of followers and engagement metrics of your social media account before approval. Amazon will also look at the type of content you post and its relevancy for Amazon customers.

Today I tried to join this program with my Twitter account and was instantly approved. You can view my Amazon storefront Here.

How to join Amazon Influencer Program?

Visit Amazon Influencer Program page. Click on “Get Started” to check if you are eligible or not for Amazon Influencer Program. Here, you will see four different social media options to join this program as shown in the image.

 
You need to choose one social media account in which you have the largest influence on your followers. If you apply with your Twitter or YouTube, you will get a response in real time. If you apply with Instagram and Facebook, then it may take up to 5 days. 

Today I applied with my Twitter account and was instantly approved. You can click Here to view my Amazon storefront.

Next, you will see two options as in the image below. 

If you are an existing Amazon Associate, then you can use your existing Associate account to register for the Influencer program. If you are not an existing Amazon Associate, then you need to create a new account for joining the program.

Click here to check if you qualify for this program. In case you don’t qualify now, you can come back in the future as the eligibility requirements may change over time. If you have qualified, then you can start creating your page right away.

How to get started?

Once approved for Amazon Influencer Program, follow the steps given below to get started.

1. Complete setup. Just log into to Amazon.in with the e-mail address. Type your vanity URL (amazon.in/shop/YourHandle) into your browser.

2. Create lists and add products. Here you need to add products to your page by creating an Idea List.

3. Promote your page. Include your vanity URL wherever you think it will help your followers to find the products you recommend. For example social media profiles or bios, video content, and individual posts.

4. Complete the payment and tax information in your profile to ensure you receive payments.

Share your Amazon Influencer Link

Following are some ways for sharing your storefront URL on various social networks to help you spread the word about shopping on Amazon.

Twitter

1. Add a link in your Twitter bio line.

2. Include a link within Tweets.

Instagram

1. Add a link in your Instagram bio line.

2. Include a link in product-related posts.

3. Instagram stories

Facebook

1. Add a link in the “About” section of your profile.

2. Facebook stories

3. Link the “Shop Now” button to your influencer page.

4. Include a link in product-related posts.

Website & Blog

1. Add links within blog posts.

2. Include links to specific products that you write about.

YouTube

1. Add link in the “About” section of your YouTube channel.

2. Add a link in the description of your videos.

3. Mention your URL during your video and include a banner ad to your influencer page.

Snapchat

1. A teaser about your shop on Amazon.

Podcasts

1. Tell your fans about your shop on Amazon.

The Amazon Influencer Program can be a great opportunity to make money online by monetizing your Facebook, Twitter, YouTube, or Instagram Account. So, give it a try. Click here to get started with the Amazon Influencer Program.

Also read: How to become an LIC Agent / Advisor?
Also read: Ways to make extra money

Also read: 7 Habits that can make you rich
Also read: How to set your financial life in order?

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How to set your financial life in order?

How to Set your Financial Life in Order?

Life and money are inextricably linked with each other, whether we like it or not. Our financial priorities keep on changing as the years pass. For many people, it is difficult to think of anything less enjoyable than taking care of their finances. But it is very important to do personal economic checkup every few months like we do for our health. There are simple ways to keep a track of how your finances are doing. So, let’s get started.

10 Simple Ways to Set your Financial Life in Order

1. Set financial goals
You need to set financial goals for yourself. You should have some goals for which you are trying to save money. Your financial goals can be short-term or long-term as per your needs. For example for buying a new car in near future or after two years, saving for children higher education or saving money for retirement. Different people have different goals for saving money according to their needs. Setting these of goals will make it easier to save money for that particular goal. Setting financial goals will make you move from where you are now to where you want to go.

2. Keep a record of your expenses
The important rule of saving money is to know where and how much you are spending every month. You have to make a note of all your expenses to examine them at the end of the month. It will take few minutes to write down your expenses every day. This way you will come to know about your spending on useless expenses. This data will help you in making your budget for the next month.

3. Make a budget
Now you have an idea of where and how you are spending every month. On the basis of this now make a budget for the next month’s expenses and income. With the help of this budget, you can track your income against your expenses. You should also keep at least 10-20 percent of your income as saving every month. If you are unable to save that much then this is the right time to cut down on your non-essential expenses. Making budget not only keep a tab on your habit of over-spending but also encourage you to find some ways to earn extra income to increase your savings.

4. Check your credit score
Check your credit score and credit report annually for free from Equifax Credit Information Services Private Limited, TransUnion CIBIL Ltd, or Experian Credit Information Company of India Pvt. Ltd. A credit report is a detailed report of your financial history related to all forms of credit. A credit score of 750 or above is good. Free Credit Report. How to get your free Credit report? 

5. Get insured
Life is uncertain and life insurance can provide financial help to your family if something tragic happens to you. Nothing can replace a loved one but an advance planning with life insurance can make things easier for those, you leave behind. This type of security for family is priceless. And do not stop with just life insurance cover. With rising medical expenses, you also need to buy health insurance to cover you and your entire family. Health insurance or mediclaim policy provides financial cover to individuals for any unforeseen medical emergencies, be it an illness or an accident that has led to hospitalization. With the rising cases of illness like cancer and cardiac diseases, it is also important to have a critical illness cover. How to choose Term Insurance   

You can also Read: Why do you need Life Insurance

6. Save for retirement
Plan for your retirement when you are in your early age because you have the advantage of time that older people do not have. It is always good to have enough money at the time of retirement so that you do not have to rely on your kids for your expenses. So start investing for your retirement and put some part of your income every month in a good and suitable retirement plan that will help you reach the target you have set for your retirement.

7. Build an emergency fund
Future is uncertain and we could not predict the future. So you should keep aside at least six months worth of expenses in an emergency fund for emergencies. The size of the emergency fund varies according to individual needs and circumstances. While building an emergency fund, you also need to take into account your existing insurance premiums and other EMIs if any that need to be paid regularly. The habit of building emergency fund will make your life easy and you can tackle any financial emergencies easily. However you have to make sure that you do not withdraw money from this fund unless it is for emergencies.

8. Track your net worth
Keep a track of your assets and liabilities. Tracking your assets and liabilities will show you where you stand financially today. Just subtract your liabilities from your assets to know your net worth. This is a good way to measure your financial health at a particular time. By updating your net worth over time, you can see the progress you make towards achieving your financial goals you set.

9. Get out of debt
It is very stressful to be in debt. If you have taken a loan, you have to pay it back, no matter what are the circumstances. Make a proper plan to get out of debt (if you have any) and stick with your plan until debt is paid off. It is never easy to get out of debt but at the same time it is no impossible. The most important step is to stop adding to debt – put your credit cards aside and pay all your bills with cash or using your debit card.

You can also read: Money Saving Tips
You may also like to read: How to invest in mutual funds online?

10. Accumulate assets
Everyone wants to have more money. Increase in assets is the key to building wealth. You can improve net worth by reducing your liabilities and increasing your assets. All the wealthy people have a large number of assets. If you want to build wealth then you have to acquire assets. Accumulation of income generating assets can transform your life.

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How to set your financial life in order?

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7 financial decisions you need to make before you turn 30

7 financial decisions you need to make before you turn 30

It is never too early to plan your finances. So, if you are in your 20s or turning 30. It is the right time to make important financial decisions of your life. It is very important to start saving for your future needs at the right time and age. The decisions you take at this stage will impact your financial security later in your life. 

A financial plan should be followed to build a strong financial base to secure your future life. This phase of life is the right time to put in all your efforts to achieve your major financial goals to lead a comfortable life after retirement.

When you grow older, some financial products become more expensive or even few products became inaccessible. Other than this advantage, saving early would ensure you have a greater number of years to invest and it will compound to many times by the time you retire. 

There is an old saying that – it is never too late to follow your dreams and there is no time like the present to start. In this post, let’s look at the financial decisions you need to make before you turn 30.

Here are 7 financial decisions you need to make before you turn 30

You need to take the following 7 financial decisions before you turn 30 so that you can lead a comfortable life after your retirement.

1. Save money for retirement

Start planning for your retirement when you are in your 20s or at least before you turn 30. You may argue that there is ample time to plan retirement, but as per experts this is the right age to prepare yourself for your retirement (the earlier the better). It is good to have enough money at the time of retirement, so you do not have to rely on your kids for your expenses. So, start investing and put some part of your income every month in a good and suitable retirement plan that will help you reach the target you have set for your retirement.

2. Save money to buy a home

Every one of us would like to own a place we call home. Even if you don’t want to buy a home for several years, you have probably started thinking about how to save for a down payment to buy a home. A down payment for a home makes it easier to qualify for a home loan. This is the perfect age, when you are young, energetic and can start saving your money to fulfil your future goals. Saving this money will help you be ready when the time comes and will also give you more purchasing power to find the perfect home of your choice in the area or locality that you want.

3. Get Insured

Life is uncertain and life insurance can provide financial help to your family when you are no longer around them. Nothing can replace a loved one but advance planning with life insurance can make things easier for those you leave behind. The earlier you buy a life insurance, the lesser the premium amount you need to pay. So, secure your family's future today and make term insurance your best friend. And do not stop with just life insurance cover. With rising medical expenses, you also need to buy a health insurance to cover you and your entire family. Health insurance policy provides financial cover to individuals for any unforeseen medical emergencies, be it an illness or an accident that has led to hospitalization.

4. Build an emergency fund

Future is uncertain, and no one can predict the future. So, you should set aside at least six months’ worth of expenses in a separate emergency fund for emergencies. The size of emergency fund varies according to individual needs and circumstances. While building an emergency fund, you also need to consider your existing EMIs and insurance premiums that need to be paid regularly. The habit of building an emergency fund will make your life easy and you can tackle any financial emergencies easily. However, you have to make sure that you do not withdraw from this fund unless it is for emergencies.

5. Make a clear direction of your career

By the time you hit 30, you would have changed a couple of jobs. Your job/work is your financial asset, and the one that generates the income for you. By the age of 30, if you are not well settled in a job/work, you have to do some soul searching. You should also know what makes you happy and helps you to generate the income. If you are satisfied, then stick to it and follow a routine investment plan that will help you reach the financial targets you have set for yourself.

6. Save for your children’s education & marriage

Even if you are single, it is important for you to start planning for children’s education & marriage as early as possible. You should have a rough child investment plan in mind to financially secure your child’s future. Since the cost of education increasing every day, you need to plan for your children education in your 20s only. Make sure you set a separate investment plan for your children’s marriage.

7. Invest in yourself

Investing in yourself is one of the best returns on investments you can have. Do not stagnate but continue to increase your income by investing in yourself. Develop new skills so that you get a promotion in your current job. Keep learning new techniques and keep your skills sharp. That way you will always justify your promotions and remain valuable to your organization.

Making the right financial decisions in your 20s will take you on the path of financial security. So, start from today and build a strong financial foundation for your future life.

You may also like to read: Money Saving Tips

You may also like to read: Benefits of Investing in Mutual Funds

You may also like to read: 7 Habits that can make you rich

You may also like to read: How to start a SIP?

If you liked this post, share it with your friends and colleagues through social media. Your opinion matters, please share your comments.

7 financial decisions you need to make before you turn 30

7 Habits that can make you rich

Everyone wants to be rich in life. Does everyone become rich? The truth is that everyone wants to be rich but really fail to plan and think outside the box. There is no get rich quick system, it is a process that takes time, patience and continuous effort to build wealth. If you want to build wealth, you have to start with your habits. 

The rich and successful people regularly follow certain habits. These small habits can get you pretty far in acquiring wealth. If you learn to adopt these habits early in life, you can also have a shot at achieving wealth and success in life. In this post, let’s take a look at 7 habits that can make you rich

Here are 7 habits that can make you rich

Following are 7 time tested habits that can make a major difference in your financial health. These simple habits can help you build wealth and find success in your life. Therefore, you should develop these habits to be rich in your life.

1. Set Some Goals

Setting goals gives you a sense of direction and boosts your motivation and self-confidence. Wishing will not bring riches, so set some goals and track your progress towards your goals at regular intervals. You cannot control the outcome of a wish, but you can control the outcome of a goal. When you know your goal, you will be determined to find the instruments that will help you to achieve your goal.

2. Build up Multiple Sources of Income

Most of us rely on one source of income which in most cases is our job but rich people have more than one source of income. Financially speaking, we should have another source of income or even multiple sources of income. It is difficult to be rich without multiple sources of income. You should increase your current income and start adding some additional source of income. Additional source of income can be having a side business, having an online business or even investing in equity like shares and mutual funds.

3. Save and Invest Money

Always spend less than you earn. Track every single penny that you spend and where it goes. Start learning the habit of saving money and concentrate on saving as much as you can. Make it a habit to save at least 50% of every pay raise. Saving a part of income every month will make you financially empowered in the coming years. However, to become rich, you also need to find out the ways to generate income when you are not actively working. That is what the rich people do. They put their money (investment) work for them instead of working for money.

4. Surround Yourself with Successful People

The people you spend your time with have a great impact on your lives. You are only as successful as the people you associate with. Being in the company of successful people has a huge effect on your success. That is why if you want to be rich in life you need to surround yourself with ambitious and successful people. Avoid negative people and surround yourself with wealthy people and soon you will become like them. Most of the wealthy and successful people volunteer some hours for community work in a month. You should also volunteer regularly for community work to increase your network. Successful people can guide you in a better way, refer new business to you or help you find a better job.

5. Take Risks

Everyone wants to be rich, but they do not want to take risks. Becoming rich is not easy. Becoming rich means you require to take risks, work long hours or make sacrifices. You should understand that risks lead to rewards. You must be able to handle the worst situations if you want to expect the best. The rich people invest their money in risky asset classes such as equities to grow their money at a faster pace. The rich people take these risks to increase their chances of growing wealth. Generally speaking, the higher the risk, the greater the reward. The bottom line is that if you want to be rich, you have to take some risks.

6. Stay Focused and Positive

When you set some goals, you feel confident and energized but this fades away after some time when you fail to stay focused and positive on your goals. Successful people always stay focused and positive on their goals. They never quit chasing their financial dreams. They do not give up even if they face hurdles in pursuing their long-term goal. They take problems as challenges and keep solving them. You should maintain your passion and motivation to make your dreams come true. You must have the right habits and the right mindset to set yourself on the path of wealth creation.

7. Read Every day but not for pleasure

Reading is to the mind what exercise is to the body - Joseph Addison. Rich and successful people are avid readers and the reason they read is to improve themselves. This habit separates them from the crowd. By increasing their knowledge, they are able to find more opportunities, which ultimately translate into more money. Rich and successful people read material related to their careers, self-improvement books and biographies of successful people. They actively use this resource to sharpen their minds. Now you got the idea, when you have free time, use it wisely – by reading. Always remember, reading is a powerful tool that will give you an edge over others.

Adopt just one of the above mentioned habits is all to take yourself out of your current circumstances. If you want to be rich in life you have to change your habits and the choices you have made. Just adopt the above-mentioned habits as a template for achieving wealth and success in life.

Also read: Benefits ofinvesting in Mutual Funds

Also read: Why do you needlife insurance?

Also read: Money saving tips

Also read: Ways to make extra money

If you liked this post, share it with your friends and colleagues through social media. Your opinion matters, please share your comments.

Small Business Ideas with low investment (Part 1)

There are several people who want to start a small business with low investment or without investment. They are always looking for small business ideas to earn money by spending a few hours a week. Young people, college going students and housewives can start their own business with low or zero investment. In this post, let us take a look at some small business ideas with low investment. 

There are various business ideas that one may have, which require little investment. If you are also looking for small business ideas to earn more money you may go through the below mentioned list.

The below list also includes part-time business ideas, business ideas for women and home based business ideas too.

List of Small Business Ideas with Low or Zero Investment

#1. Tuition Centre

Starting a tuition center is a lucrative small business idea that can give you a great income. This is also one of the most cost-effective small businesses as it requires almost zero investment to start. Tuitions are very popular among school going students.

You can take tuition classes in your home or you can offer your tuition services to homes in your area. There is a very high demand for tutors of mathematics, physics, and chemistry. Your income totally depends on the number of children coming to your center and the subjects being taught.

#2. Customized Jewelry

You can start customized jewelry making if you have an eye for designs and love jewelry. Many people, especially women love to wear jewelry thus personalized and customized jewelry businesses are sure to grow. You would need to take basic training before starting this business (You can also learn online).

You also need small capital for buying jewelry making kit and materials for making jewelry. Creativity in making designs and a good marketing strategy are two basic needs to succeed in this business. You can sell your jewelry online as well as in person.

#3. Tiffin Service

Starting any business related to food is almost always profitable. If you are an expert in cooking you can start tiffin service from your home. Everyone needs food and people are increasingly leaning towards homemade food. Working people do not have the time to cook their own food and this is where you could come in.

There is no big investment required in starting this business provided the food is tasty, fresh and nutritional. If you love cooking, there is no better business for you to do than the tiffin service.

#4. Insurance Agent

Taking insurance agency is one of the best small business ideas without investment. Most people have their first contact with an insurance company through an insurance sales agent. An insurance agent is dealing directly with clients and explaining them the different insurance policies offered by the insurance company.

The main job of an Insurance Agent is to convince the clients and make them take a policy. This is one of the best small business ideas for people who want to work part-time such as housewives, college going students and working people.

#5. School and Office Supplies

School and office supplies business is almost as stable as the food businesses because these supplies continue in demand all year round. These products include pens, pencils, paints and colors, notebooks, notepads, the paper of different varieties, files, staplers, calculators, printer cartridges, paper clips, and others.

With the increasing numbers of schools and offices, the demand for different stationery items has increased a lot in the past few years. Moreover, the products are non-perishable, thus it is a safe and good small business idea to start. In this, the requirement of investment will depend upon the scale of your business.

#6. YouTube Channel

Creative and talented people can start their own YouTube channel and earn money with little investment. Creating a YouTube channel and uploading videos on it is free. You can create your independent YouTube channel and make a lot of money out of it.

Many people are earning handsome amount of money from their YouTube Channels. If your channel becomes popular you can also earn a lot of money.

#7. Ice-cream Parlor

Please note that ice creams are no longer a summer treat. Therefore, opening an ice cream parlor is another good small business idea which would run all year round.

Starting an ice cream parlor can be lucrative, as long as you have different flavors and unique recipes to attract clients. If you will give a unique style and taste to the ice cream parlor business, it would be profitable in a smaller amount of time.

#8. Freelancer

These days, hiring freelancers is becoming more and more attractive to many businesses. There are ample opportunities for freelancers to start a full time or part time freelance business.

You can look for opportunities in website design/development, SEO (Search Engine Optimization), graphic design, virtual assistant, translation, marketing or any other freelance jobs.

#9. Blogging

Blogging is one of the best-earning platforms if you have good knowledge of the subject you are writing on. Blogs are very popular among the young generation.

You can create a free blog as well as a paid blog. Starting a simple blog does not require any major technical expertise but it requires time and dedication for writing on a subject. Write at least two posts every week. This will attract visitors to your blog.

Generally, it takes 6 to 12 months to get good traffic on a blog. There are several ways to increase traffic but the best way is good content writing. Once there is good traffic you can earn by placing ads on your blog.

 #10. Online Selling

Days are gone when you needed to set up a shop to sell something. Now there are many people who are earning good money every month by selling different products on various websites like Flipkart, Amazon, eBay, Shopclues, Snapdeal, Etsy, etc.

You can create your own product in your extra time or you can also find some products from others for selling online. You need to sign up with these websites, list your products and see people are buying your products.

Also read: How to set your financial life in order?

Also read: What is Atal Pension Yojana?

Also read: How to become aLIC Agent / Advisor?

Also read: How to start a blog on blogger?

If you liked this article, share it with your friends and colleagues through social media. Your opinion matters, please share your views.

Small Business Ideas with Low Investment (Part – 1)