Are you ready to jump into the world of Amazon selling?
With over 1.5 million active sellers, it’s an exciting opportunity for ecommerce businesses to reach a global audience and increase their sales.
However, it’s important to understand a few things before you dive in.
Amazon has a lot of fees:
One of the first things you need to understand is that Amazon is a business, and like any other business, they need to make money.
The Fulfilment by Amazon (FBA) program is a popular choice for many sellers, but it comes with fees for picking, packing, and shipping your products to customers.
Make sure to research what Amazon will charge and recalculate your profit margins before you start selling.
Competition is tough:
With so many active sellers on Amazon, competition is fierce.
To come out on top, it’s essential to put in the time and effort to research and find a profitable product that can outrank your competitors.
FBA always wins:
Using the FBA program is a great way to skyrocket your sales, but it comes at the cost of FBA fees.
Make sure to factor this in when calculating your profit margins.
Unique Selling Points are important:
Potential buyers are always on the lookout for unique selling points (USP) when shopping for products.
To stand out from your competitors, it’s essential to research customer reviews and figure out what people are looking for in a product.
Amazon is global:
Your customers are anywhere your product is needed, and Amazon can ship your products anywhere, so don’t limit yourself to just your own country.
Make sure to think beyond your borders and tap into new markets.
Listing doesn't guarantee a sale:
While Amazon makes it easy for anyone to list a product, it doesn’t mean it will sell.
Use the tools available to research sales volume, optimize your listing, and run ads through Amazon’s advertising platform to generate sales.