How to start an Amazon business?

Discussion in 'Starting a Business' started by Cage Nicolas, Jul 7, 2020.

  1. Cage Nicolas

    Cage Nicolas
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    What is great about Amazon is that there is no one way to start an Amazon business. From the business model you choose the products you decide to sell, there are many ways to succeed on the platform.

    However, the steps required to get up and running on Amazon remain the same, regardless of the type of business model and the product you choose.

    1. First, start by deciding which business model you want to use
    • Private Label: Private label is the process of a retailer rebranding/renaming a product that is already being manufactured on their own brand or label.
    • Wholesale: Wholesaling is the practice of purchasing low-cost or discounted goods in bulk to sell as individual units in a retail marketplace.
    • Online and/or Retail Arbitrage: Arbitrage is a method of finding low-cost or discount goods in brick-and-mortar retail stores (or on e-commerce sites) to resell them online.
    • Dropshipping: Dropshipping is a business model where an Amazon seller does not keep their own product inventory, but instead, transfers their customers’ orders directly to the manufacturer or supplier.
    • Handmade: Amazon’s handmade sellers are people who create their own products to (“by hand”) to sell on the Amazon marketplace. Examples include jewelry, accessories, home decor, and more.
    2. After you have landed on a business model, it’s time to decide which fulfillment method you’ll use
    • Fulfillment by Amazon (FBA).
    • Or Fulfillment by Merchant (FBM).
    There are pros and cons for both methods, so make sure you look closely at both to determine which one will work best for your business.

    3. Next, consider the product(s) you are going to sell
    If you have a product (say, you create your own handcrafted items), you may be ready to go, but you should still follow this step to validate that your the product will have sufficient demand for Amazon.

    4. Once you have found a product, apply to become an Amazon seller
    More details on how to complete the Amazon seller registration process in the next Blog.

    6. Finally, create your product listing
    And once you create your listing, you can grow your Amazon sales from there!
     
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    #1 Cage Nicolas, Jul 7, 2020
    Last edited by a moderator: Jul 7, 2020
  2. VITS USA

    VITS USA
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  3. Scarlett

    Scarlett
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    Product sourcing is an important step too where you need to test the samples before launching them on Amazon. Also, the product detail page is a crucial step as the information provided by the seller will decide if buyers will be interested in buying it or not.
    Just a few points that I think are important.
     
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  4. joilben

    joilben
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    The normal item sold on Amazon FBA costs around $20 and can ordinarily be made for under $5 each. Requesting a cluster of 500 for your underlying stock methods expenses of $2,500 to begin your FBA business. That implies maker testing and stock will cost you around $3,000 to begin.
     
  5. ryksurgical

    ryksurgical
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    First of all You you prepare the work plan for starting the career in amazon. and be patience for boost up.
     

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