Amazon is the biggest retail company in the world. It’s no wonder that Jeff Bezos is the richest man alive when you consider how many people use Amazon. It offers all sorts of products and a convenient way for people to purchase goods in seconds.
Consequently, if you can sell things on Amazon, you tap into a massive market. Millions of people use this website every single day, so you could find loads of eager customers. Plus, you don’t have to worry about marketing as Amazon’s power already leads people to the website!
How do you get started? Selling things on Amazon is easy as soon as you have everything set up and ready for action. Here are the three critical steps to help you set your business up:
Create your Amazon Seller account
To start, you have to set up an account on Amazon that lets you sell products. You can do this by going to the Amazon Services page and clicking on the ‘ Start Selling’ button. From here, it’s a case of going through the different menus and filling in all the information. For a more detailed guide, you can check out the video here:
Get your supply chain sorted
Obviously, you have to think about how you will get your products to the customer. Ideally, you have a warehouse or garage that stores all of the products ready to be sent out. But how do you get the products to your premises? Basically, you need to find a shipping partner that can forward the products from their initial location to you. Generally, your best Amazon freight forwarder will have access to countries that provide cheap goods. Therefore, you can buy them for a low price, get them shipped to you, and sell for a profit. It’s business 101, and this is how most people make a profit as an Amazon seller.
Choose your products wisely
You can sell just about anything on Amazon, but be smart with your choices. If you sell a product that loads of other people/businesses are selling, it will be hard to gain a profit. Customers will choose whichever listing has the best reviews, the lowest price, and the quickest delivery! Instead, try to pick products that are quite rare on Amazon. This will be hard, but it’s not impossible. Food and clothing items are two great product categories to look into. It’s much easier to find products that are unique to Amazon in these domains. It doesn’t have to be 100% unique; you just need to pick things that aren’t too common.
These three steps will set you up with a plan to sell products on Amazon. The benefits of choosing this platform over, say, eBay is that it offers more profit potential. Amazon charges relatively low fees but provides a massive audience to tap into. You also don’t have to worry about things like building trust with customers or marketing your brand. The fact you sell on Amazon will make people trust you right away.