Amazon – the largest online retailer offers a number of ways through which retailers can sell their products.
Choosing which program to use to sell on Amazon can be overwhelming. Amazon has specific requirements for its marketplace. A considerable amount of knowledge is necessary to manage your orders and sales.
If you are interested in how to sell on Amazon, you’ve come to the right place. Through our helpful guide, you will learn how to go from beginner to professional and successful seller. Read more…
How Selling on Amazon Works
You can have your products listed for sale on one of the most popular marketplaces in the world – Amazon. In return for some monthly and transactional fees, your products can be displayed to millions of customers.
When you sell on Amazon, your product will be displayed in the sellers’ section or the buy box of the product detail page.
There are only three sellers shown in the sellers’ section on the main product page. If there are more than three sellers, the buyer will have to click to see all of the available offers and which seller is on the listing.
All sellers for the same product display on the product page. When selling on Amazon, you can add your product offering on the same product detail page as the rest of the sellers. If you have sold on eBay in the past, this will be a bit different for you. On eBay, you have to create your own personal listing.Getting the buy box is important if you want to achieve success on Amazon. The algorithm is not known, however, three of the top factors are your fulfillment method, your feedback rating, and your price.
The fulfillment method is one of the most important factors, especially if you want to boost your results on Amazon. Using FBA or Fulfillment by Amazon as your fulfillment method is one of the best things you can do for your online business to generate sales.
How to Use Fulfillment by Amazon to Sell Your Products
Fulfillment by Amazon is the best option for you to fulfill your merchandise. Here is how FBA works.
- Find a product you want to sell online on Amazon
- List the product for sale. Set the price of your item
- Prepare your product to be shipped to an FBA warehouse
- Put your item in a box and ship the box to the warehouse location assigned by Amazon. You can box up different products together. Your responsibility is to get the products safely to the warehouse. Don’t worry about packaging the items. Amazon’s team will take care of that.
Your work as a seller is done. Here are the steps that Amazon takes once the box arrives at the warehouse.
- Verify that you have sent the right product in the proper condition
- After verifying, Amazon will activate the listings. The seller name will appear on the product detail page and your product will be available for sale.
- Amazon will store the product until the customer orders it.
- Once the product is ordered, Amazon will ship the product to the customer.
- Upon shipping, Amazon will deposit your share into your seller account. Keep in mind that your share is the selling price minus Amazon fees. You will get an email every time an order is shipped.
- Every two weeks, you will receive a deposit to your account for products that have sold.
The Benefits of Using Fulfillment by Amazon
There are a few benefits to selling your products on Amazon using FBA program.
The biggest perk that impacts FBA sellers is the free shipping offered to buyers.
When you sell on Amazon using the Fulfillment by Amazon program, your products are available for free one-day shipping, same day, two hour delivery on specific products, and etc. Customers can get two-day shipping free of charge on the products you sell. The fast shipping times are appealing to online buyers and make them more likely to buy a product from you.
When it comes to fast shipping, customers know that items shipped via Prime will have the exact same return policy as products sold by Amazon. The products will arrive when expected.
Besides FBA, the other option is to merchant fulfill. This means that you will keep the items you have at your location. When an order comes, you will ship the product directly to the customer.
Sell on Amazon:
Here are the steps you need to take to start selling on Amazon:
Step 1: Set Up Your Account
The first step to sell your products on Amazon is setting up an Amazon seller account. Click the register now link and you will go through the process of setting up an Amazon account.
Step 2: Calculate Amazon Profit
Download the Amazon seller app. The app is free and will give you information on the selling price, the fees, and other details. The app will allow you to use the camera on your smartphone to scan the barcode of the product and show you the pricing and fee information for any product that you considering.
You can also use the Fulfillment by Amazon Revenue Calculator and gee fee information on any item.
Step 3: Decide What to Sell on Amazon
You have two options – see what you have around your home. Books might make sense or gifts that you have received and are still not opened. The second option is to purchase products for a low price at a retail store.
Retail arbitrage is one of the best ways to get started selling your products on Amazon. The initial investment is low, it helps you learn the process, and there is a possibility to make good money. In order to get started with retail arbitrage, you need to set up a seller account and have access to the Amazon Seller App.
Hopefully, this article has answered most of your questions about how to sell your products on Amazon.
So, are you ready to set up your Amazon account and start selling?
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