How To Save 4.25% on Amazon?

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How to save

Amazon is great, you can choose of millions of books, clothes, gadgets, buy them for great price and have them delivered instantly. There is way to save even more. As many of you know, Amazon offers affiliate scheme, which allows you to get percentage from the price of a product .

However, there is a problem - Amazon doesn't let you to use it on yourself. You can try it, but you will receive 0% rate. You can try to make cross-buys with your friend, but then you will encounter another obstacle - Amazon's payout threshold hold is $100, so you would need to buy things for $2500.

Luckily, there is much easier way, how to get back some money from every purchase, with even higher percentage than Amazon's 4% initial level. And the best part - you may continue to earn even after the purchase. Sounds like cheap lies, but it's not. Continue reading.

(picture by AMagill )

A trick called Squidoo

I will show it to you on example of Kindle (see below), the tremendously popular e-reader created by Amazon. Latest version with worldwide free Internet costs $189. Good price for such a great tool, but can be better. You can save around $8 and maybe even continue earning after that. You need to do these steps, which will take you only few minutes.

Kindle

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Step 1 - Register on Squidoo

What? Where? On Squidoo! Squidoo is online social network, where you can create lenses. What's lense? Well, you are just reading one!
Register here - you just need to fill the very basics.

Step 2 - Create your lense

You don't need to loose your time with filling your profile, just go directly to lense creation. In the left sidebar of your dashboard, you can see big orange button saying Create A Lense! Click it

You will be asked "My page is about:" - you can fill in anything, but I suggest you fill something related to your buy, for example "My Kindle Experience"

Choose your url, category (in this case probably electronics) and rating.
Finally, fill in tags and captcha code. That's it, your first lense is ready for some content

Step 3 - Fill in modules.

A lense consits of modules. Modules are segments with various functions - text, pictures, links...
What you really need is a text module and an Amazon module.

Hit 'edit' and fill some text in introduction and text module. You can write there anything, but you will do better, if you write something related to the topic. For example, you can write, why you want to buy Kindle and what is so special about it. I will explain later.

Now comes the golden point - Amazon module. Hit 'Edit', you can fill the upper boxes, but the most important is to tick "Let Amazon Pick: A live, automatically updated display of Amazon products, based on your tags" and write Kindle in the field below. Hit save

Step 4 - Payment settings

Squidoo will pay you back your percentage via PayPal, but first you need to set it. Open your dashboard in a separate tab. Hit 'Profile' and scroll down until you see 'Payment Settings" Fill in your PayPal email, in Global Payment Settings choose 100% - I just want cash! and finally set to threshold to $1. Go back to your lense.

Step 5 - Publish and buy!

Now you are ready - hit the 'Publish' button! (In some cases, when you filled too little data into your modules, Squidoo qill refuse to continue with publishing. You will need to add some more text)

Now hit 'View Lense" You should see your lense and your Amazon module with your precious Kindle. Just click on it, and proceed with purchase as normally. That's it! Once you buy your Kindle (or anything else), 8.5% will be affiliated back to Squidoo (since their are in the highest payout tier) and Squdioo will share half of it with you - so you will get back 4.25%. Just wait for some time, until the payment proceeds to your PayPal. All this should take maybe 15 minutes. For $8? Deal!

But thats not all! Not only you can use the very same lense for your future purchases (just go via the amazon module), you can earn passive income via your lense.

Step 6 - Continue earning!

You got your 4.25% back,. You want more? No problem! Squidoo is actually a money making network! Your lense can keep earning money forever. How?

1. ) More people will buy a product via your amazon module. Each time YOU get 4.25%!
2.) You can get regular monthly ad share from Squidoo. Your lense will receive special rank, and the best lenses get share on the ad earnings. The top 80,000 lenses receive around $0.25 per month, top 10,000 lenses $5 per month and the top 2,000 lenses more than $30 per month!

All you need is to have some traffic on your lense - that's why you should create interesting and not blatant content. Then you can share it with friends on facebook or wherever. They will read about your Kindle experience and may buy it themselves - via your lense. You will get share each time they buy something!

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Your comments?

  • thesuccess Jul 6, 2011 @ 3:30 am | delete
    Sadly only works for the USA!
  • WeirdStuff Jul 6, 2011 @ 4:16 am | delete
    Yes, only for US amazon unfortunately. On the other hand, your products can be shipped from USA (there are often very little or no shipping costs)
  • Jhangora Mar 23, 2011 @ 9:48 pm | delete
    Nice workaround!

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