How to make money on AliExpress in 2020
How to make money on AliExpress? The question that baffles most ordinary users is a dead end because this is a sales service, an online hypermarket, so to speak.
But, as it turned out, on the resource you can not only buy the right thing at a very low price but also make good money. We suggest that you familiarize yourself with the most effective ways to make money on AliExpress.
We warn you right away that most earning methods require their own investments since we will describe ways that will allow you to get a not extra, but basic and very decent income. Therefore, after reading the material, we advise you to determine how much you are willing to take risks and invest your own funds to obtain a passive source of profit in the future.
What is AliExpress
Chinese goods are now more popular than ever, and not only in the countries of the post-Soviet space, but even in the developed West, since they are practically not inferior in quality to branded things (which are mostly made there), and their cost is several times lower.
On the service, you can buy almost everything – from “invisible” hair to heavy equipment. A large assortment of goods provoked the emergence and constant expansion of the number of consumers making their purchases here.
Buying goods here is quite simple:
- Go through the registration.
- Select the necessary products and add them to the basket.
- Make a purchase and get an invoice saying that the goods have been sent.
- Wait up to two months.
- Get a purchase and close a deal.
The advantage of the site is that it is known to a large number of people, it does not need to be advertised and promoted. We just take this advantage into our arsenal in order to learn how to make money on AliExpress.
Earning money on affiliate programs
This is the most common method of making a profit on AliExpress.
- To make a profit you need:
- Getting a referral link.
- Its distribution.
Getting bonuses for every purchase that was made by clicking on the link.
Choose an affiliate program
Finding an affiliate program on the Web for this service is quite simple. But, despite the seemingly very successful proposals, we recommend using only affiliate programs of official partners of AliExpress:
Both the first and second affiliate programs provide their own unique offers for webmasters, so it is worth considering each of the programs in more detail.
The way to make money on Aliexpress using an ePN affiliate program
The main advantage of the service is a large number of features and a very convenient interface. The platform is completely Russified, so there are absolutely no difficulties even for a beginner. A big plus for the user is the availability of impressive ePN statistics.
As of the end of 2019, the affiliate program was the most used for AliExpress. Using it you can get from 0.8% for goods from branded stores to 70% for the purchase of goods in the “Hot Sale” category. The average webmaster’s bid is about 5.5% of the sale on his link. Bid size may increase with increasing sales through an affiliate link.
Additionally, you can earn 5% of the profits attracted by referral.
The way to make money on AliExpress, through the resource Admitad
The service previously differentiated tariffs for GEO, but in 2018 this differentiation was canceled. Now webmasters who use Admitad to make a profit receive 2.3% of sales of electronics and accessories via the link, up to 6.9% of sales of goods for home and clothes. The average interest rate is 5.4%.
If we compare Admitad with the previous service, then the rates here are slightly lower, but the platform boasts an extremely simple interface that is accessible even to a first grader. In addition, according to referral, each attracted webmaster can bring an additional 5% of their profits.
How to choose a place to place a link
In order to understand how to make money on AliExpress, you need to choose a platform for placing links with impressive traffic. How to do it?
- Groups on social networks. Such publics are full of ads with popular products on AliExpress. This is where you can attach a referral link for the acquisition. The most profitable is the creation of a narrowly targeted public to attract a specific target group.
- Web resource. It is possible to create a site for publishing original offers from AliExpress. Naturally, such traffic as from a community on a social network cannot be expected, but it can be used as an additional source of profit.
- Applications Today, the use of programs with cheap but normal things from web stores is very popular. You can attach an affiliate link to such programs, using which users can purchase goods.
For many, an affiliate program is a method of making money on AliExpress without initial capital, but such an approach will be relevant only if you are an administrator of an advanced group or the owner of a popular application/site. In all other cases, one cannot do without injecting one’s own money into the promotion of one’s resource.
Also Read: Co-Founder Interview at Alidropship
If you plan to make a profit in this way from “0” (creating a web resource and promoting it), then get ready for the fact that you will have to invest about a thousand dollars for the initial promotion.
Create an affiliate link
Getting an affiliate link is very simple, but some webmasters often get stuck, so consider the main points of the process. As an example, let’s focus on creating an affiliate program through ePN.
- We go to the platform and register.
- In your account, go to “My Sites” and click “Add.”
- We enter the data in the opened form with a link to the resource, indicate the type of resource and offer (AliExpress). Click “Add Site” and go to the “Tools”. Next, follow the prompts.
This scheme can be repeated countless times, you can get tens of thousands of links, increasing the chances of making a profit.
We resell goods
The main advantage of AliExpress is the low price of lots. The cost is so small that business people who know how to make money on AliExpress use the service as a purchase base. They take products from here and sell them with a triple mark-up. You can start with a small assortment of goods and increase it over time. In this case, there is no need to attract large starting investments and it is easier to track the liquidity of certain lots.
2 ways of implementation are very effective:
We buy certain goods and store them in a warehouse.
This is a standard method of making a profit, the essence of which is to buy a batch of products, deliver them, and sell them through a physical or web store. Work on such a scheme involves the selection of goods based on:
Prices. Very expensive goods can be stored on a shelf, which will entail loss and lack of money to purchase a new batch, while too cheap ones will not be able to bring good profits, so we choose the middle price category.
Popularity. We recommend buying highly liquid products. For example, a couple of years ago, the purchase of spinners brought tremendous profit to enterprising businessmen, since they were sold quickly and at a mark-up of 400-800%. The main thing, in this case, is to stop on time, only noticing a decline in demand.
Weights. Heavy goods may be stuck at the border. We advise you to order light goods in large quantities, which will ensure a quick border crossing.
Delivery. Delivery charges can completely offset the cheap price of the goods. Do not fuss and find a product with free shipping. What you will need to wait is offset by the savings.
Such a resale system promises excellent profitability, but there is still a risk of losing savings. The product may not be bought, or it will be delayed at the border, because of which the invested funds will go nowhere. In order to prevent this from happening, we advise you to monitor all possible risks before buying.
The advantage of such a scheme of how to make money on AliExpress can also be called the fact that the buyer does not have to wait for the delivery of goods, therefore, the reputation of the businessman and interest in the online or physical store increase.
This scheme, how to make money on AliExpress, has become very popular in recent years, since you do not need to spend money on renting storage facilities, and you only need to buy the goods that the buyer ordered. Consequently, the goods will not lie on the shelves, which means that you will always be in the black.
The algorithm of the circuit:
- The buyer orders a specific product.
- A businessman orders the necessary amount of product on Ali.
- The received link is transmitted to the client with the preliminary installation of an additional margin.
- The disadvantages of the scheme are:
Delivery time – up to 2 months, which is not suitable for most customers, because of which you can lose money.
- Sometimes unscrupulous sellers place goods on Ali, who may delay delivery or do not send the goods at all. Naturally, you will return your money over time but lose your client and credibility.
Another method of how to make money on AliExpress is a cashback on specialized sites. Today, this method represents a new direction in e-commerce. Using cashback you can return a few percents of the purchase price. The most popular services for this:
- LetyShops – up to 6.5%;
- Cash4Brands – up to 7%;
- Rakuten – 2.75%;
- ExtraBux – up to 7%;
- MegaBonus – up to 4.91%.
Earning reminds the affiliate program. The webmaster places a link on his own site and attracts users. Each cashback brings a certain profit.
Features affiliate cashback services
You do not need to convince the user to follow the link, since receiving a cashback is a pleasant bonus to purchase.
The webmaster receives a bonus from each purchase made by a registered user. For some time, the user will have a good customer base, which will become a real answer to the question of how to make money on AliExpress, and the earnings will be regular and stable.
The disadvantage is that it takes time to get a good income because profitability depends on the number of registered customers.
Another method of making money on AliExpress is through paid reviews of the seller or his product on AliExpress. The level of earnings is minimal because they pay 20 rubles for a review and about 0.2 rubles for viewing a page.
The cost of work depends on the number of reviews and the specific users who are involved in this.
To increase earnings, you need to look for a popular product in which the buyer is interested.
The most popular site is Otzovik. In order to start making money, you need to register, after which you can share your opinion about the goods.
In order to buy large quantities of goods on AliExpress, you should take care of choosing a seller, study the comments, select a price, and control delivery.
Businessmen often do not have time to carry out all these operations, it is much easier for them to find an intermediary who will carry out the purchase and delivery of a particular product.
In most cases, the intermediary receives from 5 to 10 percent of the purchase price.