Believe it or not, Amazon has over 112 million users in the United States alone.
Having become one of the easiest ways for businesses and sellers to make extra profit online, it’s no wonder that so many have flocked to it to take advantage of the expansive reach. If you sell products, you too can take advantage of Amazon to greatly increase your profit.
Wondering how to get started? Read on to learn the first steps to start selling products on Amazon.
Choose Your Products Wisely
Not all products you can sell on Amazon are created equal. As a seller, you may have many items you want to list, but some will sell better than others. So, it’s best to start with listing those first.
Depending on what you sell, the items that will perform best may change seasonally. On average, toys, games, and electronics are popular categories.
One of the best tips is to look up your products on Amazon and check out the market saturation. See which have the fewest competitors, and start with those.
Choose an Amazon Seller Plan
Before joining the Amazon marketplace, you’ll want to choose between the professional and individual seller plans. The professional plan is $39.99 a month, while the individual plan charges $0.99 per product sold. These plans also vary in closing, shipping, and referral fees.
If you run a large company or expect to do well, the professional plan may be more cost-effective for you.
Create Your Seller Account
Once you’re ready to become an Amazon seller, start by creating an Amazon seller account at services.amazon.com.
You’ll have to fill out some account information and answer some questions about your business or individual selling. At the end, you will verify your identity with a passport or driver’s license, enter your card information, and be ready to get started.
Determine Your Fulfillment Strategy
Before you start shipping products, you need to determine a fulfillment strategy.
This means choosing between Fulfillment by Seller (FBS) or Fulfillment by Merchant (FBM). FBS means you handle the storage, packaging, and delivery yourself. FBM means you use Amazon’s delivery program. With Amazon, FBM gives you the opportunity to reach customers with Prime’s 2-day shipping.
You should also consider the benefits of using an Amazon reimbursement refund manager.
Start Listing: Follow Best Practices
Now you’re ready to start listing your products and making money! The better your listings are, the more you convince viewers of your product’s quality and the more likely they are to sell.
Some best practices to follow with your listings include using a clear and compelling title, using several quality images, and writing bullet point descriptions that highlight the benefits of your product.
Start Selling Products on Amazon Today
Selling products on Amazon is really easy, and it’s why so many businesses and individuals do it. Plus, the sooner you start the process, the sooner you can start reaching the millions of users that shop online.
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