How To Sell On Amazon For Beginners

by admin on March 30, 2015

how to make money selling on amazon

 

There’s more than one way you can make money selling on Amazon. Let me show you how to sell on Amazon for beginners.

First of all, Amazon Marketplace. Marketplace offers you an opportunity to sell products (not just books but a whole range of things) on the exact same page on Amazon’s website where Amazon sell the product themselves. So you get to compete with them head-on, and even get to compete with them on price. Selling prices are fixed – Marketplace isn’t an auction. You can list an unlimited number of items for free but what they call a referral fee is charged on each sale. Marketplace is for both new and used products.

Marketplace is suitable whether you just want to make some spare cash part time, but also if you want to start a ‘proper’ small business.

The other main way to make money is Amazon Associates. Associates is basically an affiliate programme.

How To Sell on Amazon Marketplace

It’s very easy to get started with Amazon Marketplace. You don’t need to register in advance. You can open a seller account when you list your first product.

If you already have a buyer account on Amazon you can add your seller account to that.

To register as a seller you will need a business name, an address, a display name, a credit card and a telephone contact number. That’s all you need to get started.

Go to the Amazon site, scroll down the page to ‘Make Money With Us’ and then ‘Sell On Amazon’. You will then see two options:

Sell a little or sell a lot? Amazon offers two entry points into Marketplace which they informally tag as ‘selling a little’ or ‘selling a lot’.

Basically ‘a little’ is for occasional and hobby sellers who expect to sell less than 35 items a month. It costs 86p plus a referral fee for each sale. You are also restricted to the product categories you can sell in. However, the advantage is that it costs virtually nothing to start and there are no ongoing charges if, initially, you don’t sell very much.

Selling ‘a lot’ is for professional sellers who expect to sell more than 35 items a month. You pay a 28.75 monthly fixed fee and a referral fee. You can sell in all the Amazon product categories.

It isn’t always viable to list low price, low volume products as a ‘sell a little’ seller. To do that you need to be a ‘sell a lot’ seller! However, I’d recommend you take the ‘selling a little’ route to start out with. You can always upgrade later.

Choose your option, then fill in the online form.

Pro Merchant Sellers

Once you are selling ‘a lot’ you will probably also want to become what Amazon call a Pro Merchant Seller. Pro Merchants have access to volume selling and bulk listing tools. There is a web interface that allows you to more easily manage your product descriptions, inventory and orders. You will also be able to export and import information to and from your account.

Once you get up and running the selling a lot/Pro Merchant option will work out much cheaper and, importantly, will allow you to work on tighter margins and make money from sales that those who sell just a little can’t.

Amazon Marketplace Selling – how to sell your products

Now let’s take a look at exactly how you put products up for sale on Amazon Marketplace.

The idea of Marketplace is that you sell your product on exactly the same page on which Amazon and any other Marketplace sellers sell it.

So, first, find the equivalent new product in the Amazon catalogue. Use the ‘Search’ tool at the top of the Amazon home page. Put in the product type and name and Amazon will automatically take you to the correct page to list it.

Next, check carefully that the product type, brand and model number or whatever Amazon has found for you is the correct one.

Once you reach that page you’ll find a button called ‘Sell Yours Here’. Click on it, sign into your seller account, and you can now list your product immediately.

Now this is the really clever thing about Amazon.

Assuming the product already exists in the Amazon catalogue a listing is ready made for you to use. You don’t have to write a description or upload a photo. All you need to do is state what condition your product is in (i.e. new or one of several standard used descriptions), state the quantity you have for sale and fill in the price you require. Also decide what postage options you want to offer. (At this stage you can also decide whether you are willing to send the product abroad or not.)

If you wish, you can add a further description up to 2,000 characters (not words). This will help you differentiate your product or offering from Amazon and from other sellers.

Then, Amazon will give you a summary of your listing to check and also confirm what their fees will be if the item sells. If you’re happy with this just click ‘Submit Your Listing’ and you’re off. Once you’ve done this your item is automatically listed until it sells or for 60 days (indefinitely if you’re a Pro Merchant).

What’s an ASIN? ASIN stands for Amazon Standard Identification Number. Almost every product on their site has its own ASIN – a unique code they use to identify it. If you know the ASIN you can list it directly using that. (For books, the ASIN is the same as the ISBN number on the jacket.)

Amazon Business Made Easy – How do you make money on Amazon?

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How To Sell On Amazon Successfully

by admin on March 29, 2015

how to sell on amazon

 

Amazon’s FBA program is an excellent opportunity for the vast audience of entrepreneurs. Especially those that are starting out as a one man shop. What’s remarkable with Amazon FBA is its scalability. As a one man shop, you can compete with the bigger and more established seller. Small businesses are limited in storage space and the time management to sell, list, make and ship orders. You can fulfill small orders (ex. 20 per day) as well as the larger orders (ex. 100,000 per day). Which translate that you can start out as a mom and pop shop and flourish as a larger corporate using Amazaon’s Fulfillment. You can now handle the increased volume in an efficient way while managing your inventory and spending your to source your product.

This will reduce the competitive advantage of the bigger seller and enable you to make a real income and grow as big as you desire. Think about it. You just need access to your product(s) of choice. Amazon FBA provides a stream of income that you can take to a whole new level. At each fulfillment center, (Amazon has over 65) you are hiring at LOW rates per order a staff that takes care of the order processing, shipping and customer.

The seller only has to source your product(s), spend your time processing those items and shipping them to Amazon. Some of the key benefits of Amazon FBA

· You have access to tens of millions of Prime customers

· Scale order handling and build logistics both on and off Amazon·

· Sell globally by using the FBA export program to gain access to customers globally at no additional cost to you.

· Multi-Channel Fulfillment (MCF) is an optional program by FBA that allows you to easily leverage Amazon’s world-class Fulfillment Centers for your off-Amazon orders.

·… And take a paid vacation while FBA works for you fulfilling customer orders and managing customer service.

· You have access to tens of millions of Prime customers

· FBA now represents a growing 45% of Amazon’s revenues

· Amazon Prime started in 2005

· In 2009 Prime had 2 million members; in 2011 there were over 5 million; in 2014 there are over 20 million members

· Prime represents only 6% of Amazon’s total customers so far

· Prime is growing at over 20% Year Over Year

· Prime customers spend 140% more than regular Amazon Customers

· 40 % – 50 % of Amazon customers have never purchased from a third party

With FBA, Amazon can help improve your online sales and keep customers happy, while saving you valuable time so you can focus on growing your business.

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