Amazon has changed the face of the e commerce world. It is the largest online shopping platform for all online retailers. If you are into ecommerce then you should sell on Amazon. This blog will tell you all about how to sells on Amazon for beginners, from creating a seller account to picking the right category.
Table of Contents
- 1 Before you begin selling
- 2 How to sells on Amazon in 2022?
- 2.1 1. Create a Business Plan
- 2.2 2. Find Your Niche
- 2.3 3. Start Market Research
- 2.4 4. Identify Product Suppliers
- 2.5 5. Place Orders
- 2.6 6. Register an Amazon Account
- 2.7 7. Create Product Listing
- 2.8 8. Manage Your Inventory
- 2.9 9. Follow up Customer Reviews
- 2.10 10. Optimize Product Listings
- 2.11 Related
Before you begin selling
With two plans for selling (they’re known as Individual and Professional; however, you could think of them as premium and standard), Amazon offers you the possibility of selling a single product or selling a large number of items. So before you start registration, choose which plan is the best choice for your company.
The Individual plan is $0.99 per sale, whereas buyers who choose the Professional plan cost $39.99 monthly, regardless of the number of merchandise they sell. If you sell more than 40 items monthly, the Professional plan is an excellent choice. No matter which plans you pick, do not worry about making the wrong decision. You can change plans at any point.
- This plan could be the right one for you If…
- You will sell less than 40 items per month.
- There is no need for advanced tools for selling or even software
- You’re still debating what you want to offer
- You will sell more than 40 items per month
- You’d like accessibility to APIs and other selling reports
- You’d like to make a sale using applications such as Launchpad or Handmade
What are the things you’ll require to start?
- To complete your registration, be sure you’re connected to:
- Bank account number and routing number.
- A credit card that can be charged
- National ID issued by the government
- Tax information
- Contact number
How much does it cost to sell on amazon ?
There are many kinds of fees for selling that you can pay, based on the plan you have for selling and the kind of merchandise you offer.
These are the charges you pay for the selling plan you choose. They are different based on the plan you choose.
For the Professional selling plan, there’s an annual flat rate of $39.99 per month. There is no per-item cost.
There’s an $0.99 cost for each item sold for the Individual Selling plan.
The fees are charged per sale and comprise referral fees (which represent a percentage of the sale price and can vary based on the category of the item) and the possibility of closing fees (which are only applicable to categories of media).
If you take care of the fulfillment yourself, Amazon shipping rates apply. We calculate these rates depending on the product category and the shipping option selected by the purchaser.
How to sells on Amazon in 2022?
1. Create a Business Plan
To start the process of starting an Amazon FBA business, you must have a strategy in place to make sure everything is on the right path. A business plan should contain your company’s mission and market analysis, the products or services you offer, sales and marketing and financial plans, etc.
There are numerous things to consider. It is essential to study the market, study the trends, study your competition, decide on the type of product you would like to market, and the amount you’re willing to spend on the product’s sourcing marketing, promotion, etc. Outline your business’s schedule and important business-related activities.
2. Find Your Niche
To sell your products on Amazon FBA, it is essential to discover a lucrative niche since it will determine your success. To run a profitable company, you should do your market research and discover relevant, trendy, or competitive goods that match your interests and passions.
Find out about fashion, and then study its emotional effect, practical impact, visibility, and recognition. Finally, look for the point of sale or design new selling points to ensure it is a market hit. We strongly recommend that you avoid using seasonal or fragile products.
3. Start Market Research
When you have identified your area of expertise, you need to validate your market position with market research. Keep track of sales from competitors for a time. Monitoring your competitors can give you a better understanding of your market or segment.
Another suggestion is to talk with various suppliers or customers to learn about their thoughts about the products and services; for instance, you could conduct an online survey.
If you can confirm that sales numbers align with the market, you can proceed to the next stage. If the market is stable, it is possible to move forward with your strategy.
4. Identify Product Suppliers
When you’ve identified your area of expertise, you must locate the supplier of your product. There are a variety of methods to search for supplier information. For example, there are suppliers listed through Alibaba and other B2B platforms like AliExpress. There are likely to be several possible suppliers. Contact them as well as other background information if it’s possible.
You can also lookup Google or make contact with suppliers through trade exhibitions. Trade shows are a fantastic method to engage in short conversations with the supplier and get acquainted with their goods. You can also go to suppliers to identify the company according to their industry’s distribution.
It is essential to reach out to these companies to determine the best one for you. Send emails and phone calls and then visit the supplier. Beware of fraudsters and find the most reliable one.
Find out about the products available for sample, their cost, the minimum quantity of orders (MOQ), the maximum order quantity, products’ quality, shipping fees, their capacity, etc.
Determine the payment options and terms of payment for your quote. First, find the most suitable option for you. Then narrow your choices according to your needs.
5. Place Orders
After you have decided on the supplier you want to use, it is time to make an order.
In general, the initial order shouldn’t be too large. However, it is possible to place a smaller order to check the market and collect useful feedback from customers. This is the best way to learn about the market and your products.
Make sure you communicate regularly with the supplier to prevent misunderstandings and receive product manufacturing updates. Keep the main specs in white and black, and keep track of any changes.
Quality inspection of the product should be present before you make an order. Make sure to examine the raw materials, the process on the production line, and the final products before the shipment.
6. Register an Amazon Account
If you do not possess an Amazon seller account, you must sign up for the Amazon seller before you can sign up. There are two kinds of accounts available – an individual seller and the pro seller. The first is free per month, but you’ll be charged around $1 per item sold on Amazon. The Pro seller has additional features and charges $39.99 each month. You can choose the kind of account that fits your business’s budget.
7. Create Product Listing
You must create a listing of your products to post your products on the platform. There are many aspects when making your listing. It is essential to provide clear and high-resolution photos. Check that your products have been declared “Prime eligible” and enjoy the free shipping benefits for Prime members. If you don’t have a lot of items, you can make a list of your items by hand. If you’ve got a lot of items, it is possible to make a spreadsheet of every item you own. Be sure to include enough information about your product and create a compelling product listing.
8. Manage Your Inventory
Amazon FBA sellers have to be attentive to their inventory levels. The levels of inventory are crucial. Be sure to maintain as well as replenish the stock effectively. It is essential to make sure you have enough inventory to ensure that your product inventory meets your needs for your market and sales.
The inventory level of your product will decrease automatically on Amazon when you place an order. Be sure that your inventory level will be regularly updated to reflect the product’s current availability on your listing page for the product. You can utilize an advanced system that integrates your inventory and sales data.
If you notice an item about to be out of stock, Try to alter your marketing plan and make orders with sources to refill your supply.
9. Follow up Customer Reviews
We all know that customers will likely look up the reviews from other customers who had purchased the item before. Therefore, Amazon reviews from customers are essential for your company. They are the proof of credibility you’ve established with your potential customers.
These reviews are social evidence for your company and your products. Therefore it is important to monitor the purchase experience of the purchaser so that they can leave comments.
There are a variety of ways for you to achieve this. For example, you can send emails to your customers to find their opinions regarding your services and products.
You can set up your social media profile and then try to collect feedback from your customers through your Social Media platform.
Make sure you get more positive feedback to increase sales and conversion rates.
10. Optimize Product Listings
Monitor your sales performance and know your company’s place in the marketplace. Improve your product listing to boost traffic to your website and increase sales.
Optimization is an ongoing procedure for Amazon sellers.
Begin by defining the keywords. Find relevant keywords, and then incorporate them into your product’s titles, descriptions, features, etc. Make sure you leverage Amazon’s Amazon algorithms and let it work for you and your business.
The relevancy of the keyword of your product is crucial to your brand’s visibility and sales. It is possible to use Google Keyword Planner to help you determine the relevant keywords for your products.
Images are also important. You can use 5-7 images of the product from different perspectives and in different contexts to showcase the size of the product, its features, and the design of your product. Be sure to make your message easy to read and interesting for the customers.
When it comes to the specifications of your product, you must always provide essential information consumers would like to be aware of. Consider yourself in the customers’ shoes, display the value of your product, and make sure to include the guarantee and warranty of your products.