Numerous eCommerce platforms make it simple to sell your goods however since Amazon already boasts a large customer base, it’s easy to sell products on their platform.
The people on Amazon are willing to purchase and so placing your products before the 150 million unique users on Amazon will guarantee that you sell.
Amazon is an ideal platform to sell your goods even if you have a website. 80percent of the third-party sellers sell on other platforms than Amazon.
How do you sell on Amazon?
Amazon is among the most trusted platforms for selling on. They permit user reviews and provide support for customers and ensure fast delivery. In most cases, Amazon is the first website a customer visits for anything.
Sometimes people just want prices, options, and even reviews. In other instances, they’re there to purchase quickly and efficiently.
Amazon isn’t just for buyers. It’s also a great option for sellers.
1. Find out the startup costs
Many people forget this step and spend time searching for products that they can sell and then realize that they do not have the funds to start. If you are just beginning to sell your product on Amazon it is important to be aware of the following costs:
- Setting up the Amazon accounts ($39.99)
- Purchase initial inventory ($150plus)
- Buy UPC ($10)
- Photography of products (Free up to $300)
- Designing a logo or brand ($25+)
The process of starting an Amazon business will cost you more than 350 dollars, but when you make a profit, you’ll earn the cashback without a problem.
If you’re not able to raise enough capital to start selling on Amazon Consider crowdfunding or even buying your first inventory at wholesale costs.
2. Choose what you want to sell on Amazon
Deciding what products to sell on Amazon is an enormous amount of stress. But, with a thorough search, you will be able to choose the best product for your business.
To learn more about what to sell on Amazon check out this blog.
3. Select a plan for selling
There are two types of plans to sell Professional and individual.
The Amazon individual selling plan is intended for those who sell less than 40 items per month. This plan is free of costs for monthly payments but charges $0.99 for each item sold, as well as a referral fee, and different closing fees.
If you opt for plans for professionals, it costs $39.99 per month and does not charge per item. However, it does include referral fees as well as variable closing fees.
4. Make your own Amazon Seller Central Account
The most crucial and straightforward step in the procedure. Once you’ve registered you’ll be able to manage your seller account using Amazon Seller Central.
A valid Amazon Seller Central account makes you a marketplace seller. Seller Central is accessible to everyone, allowing sellers to directly sell to Amazon’s customers and offers you a variety of choices in terms of logistics and payment.
5. Choose a fulfillment method
There are two ways to select from self-fulfilling orders, or by using Fulfillment By Amazon.
Self-fulfilling orders
Self-fulfilling orders can take a lot of time.
Since you’re able to create your labels using an Amazon-approved provider You can take advantage of low rates for postage. This is the ideal way to go if you’re only beginning, or if you’re planning to sell less than fifty items.
Fulfillment by Amazon (FBA)
Every seller with accounts with an Amazon Sell Central account is provided with the option to use FBA. FBA is a type of service in which Amazon offers storage for your products within an Amazon warehouse. They then provide shipping and handling of returns and customer service for you.
FBA can also make your products accessible for Amazon Prime shipping. Nearly every one in three Americans has already an Amazon Prime accounts, which means this is a major benefit of making use of Amazon FBA.
6. Make a list of your belongings
The selling plan you choose will depend the one you choose depending on the plan you choose, there are plenty of options to list your items your business on Amazon.
If you’re using an individual sales plan you can add items into your Amazon Marketplace catalog product-by-product, however, since you’ve got less than 40 products, it’s not a huge time investment.
However, with the professional selling subscription, you can add a vast amount of listings simultaneously with the help of bulk tools.
From this point, you will identify and write down the SKU and UPC of the product. Then, identify the attributes of the item.
7. Get paid
The most satisfying part. The hard work will be worth it when you get the first sales.
The amount remaining on your orders will be easily deposited in your account at a bank. After that, you’ll be notified via email that your payment has been processed.
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