Know about “FBA” – The Ultimate Guide for Amazon Sellers
- Kumar Shashank Aditya
- Apr 3, 2018
- 2 min read
Let us take one step at a time and understand this amazing service provided by Amazon for millions of its sellers. Before we reach to any decisions about FBA, let us know a slight about what it is and how it works for sellers?
With so many queries flooding every day, we thought of answering few basic questions about Fulfilment by Amazon and let our readers know all about it to start with:-
1. FBA (Fulfillment by Amazon)
For the customer, there is no difference between purchasing from Amazon directly or from a seller selling his good through FBA on Amazon. They get the same delivery options, returns policy, and similar customer experience. As a seller, you do not have to worry about delivery, returns and customer service as this is all handled by Amazon.
2. How to sell on Amazon through FBA?
Firstly – Create an account on Amazon to start selling on this platform. But if you’re looking to build a business over the time, then you should sign up as a “Professional”. However, the first month is free, and after that, it is chargeable.Click here for Detail .
a) Open Amazon’s website and Create a seller account to enable your FBA service.
b) Scroll down to the footer and search for “Make Money with Us.” Click on the link that reads “Sell on Amazon.”
c) You can either sign up as an “Individual” or a “Professional.” The difference is the subscription fee.
d) When you sign up as an “Individual,” there is no monthly subscription fee.
3. Listing of Products.
This is possible with retail arbitrage which includes buying a brand name product and selling it on Amazon for profit. Your business could go south in no time if you have unfamiliar product category and sell it for more than competition.
The idea is to establish your brand, promote it, and sell it on Amazon. Initiate a product research and find whether your chosen product is unique, or Amazon already have dozens of similar ones. Assuming you already have a line of product which you want to sell on Amazon, the most popular way to do this is through private labelling. Look into the product’s popularity as well. This is a short-term profit scheme and is easier to start with.
4. Your Products Source!!
Finding a supplier can be time consuming but once you find the right supplier, it becomes easier to start your business and continue it. After finding all do not sit back and relax but instead gear up to find the suppliers for the new products you just identified to sell on Amazon. A good idea is to purchase a trade magazine and look for domestic as well as international suppliers for your products.
5. Product Shipment.
Ship your products by boat, by air, or by train depending on whether you are sourcing them from overseas or domestic markets. When sourcing products, you should consider prior about how they will be shipped. Also Check for government rules and regulation that apply in your region regarding the same.
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