Is It Worth It To Sell On Amazon?

by admin on March 15, 2015

amazon business opportunity

Are you selling stuff on eBay or Amazon — or other sites? How happy are you really with your return for your investment in time and money? If you would like to make more money for your efforts, read on.

If you’re more than a little frustrated, you’re not alone. Too many sellers feel like they’re working for peanuts or even less than minimum wage… and they’re right. But you don’t have to put up with it. Check out the following tips and give yourself a big raise.

1) Know your market — and your competition

Know the going rate for your merchandise — both on eBay and on Amazon Marketplace, as well as similar sites. Use that information to decide where to list your items, and be sure to price accordingly as well.

In addition, find a way to keep this information in mind as you replenish your supplies. There are certain books and CDs that are practically destined for the penny market, and you don’t want any part of that.

2) Remember that time is money

Do you know just how long it takes you to list and then process your merchandise? Keep an eye on the clock and make sure you take that into consideration when you decide what how much or little you’re willing to accept for each item.

And don’t forget commission and postage either. If you can’t get a price that will make it worth your while, look for alternatives.

3) People value nice things

That’s obvious, isn’t it? But it’s also the key to your profits. So keep it in mind as you select potential merchandise and list things.

Focus on having stock that is in very nice shape. The newer-looking, the better. Your buyers will be very happy to get books and CDs that look like new. They’ve probably been disappointed in the past, so if you exceed their expectations, you may get nice comments on your feedback page.

And that’s true for selling on Amazon Marketplace especially, but also for eBay.

4) How these tips translate into making you more money

Here’s how following the above suggestions can make you more money. If you consistently deliver nice merchandise that results in good feedback, you’ll slowly be able to move away from competing solely on price — and that’s a very good thing for your profits.

Of course there are a few other things you can do to improve your earnings even more when you sell on Amazon

Of course there are a few other things you can do to improve your earnings when you sell on Amazon Marketplace or eBay.

 

 

 

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