Being a successful seller on Amazon requires some time and a lot of patience. The majority of new sellers jump into the online marketplace without heeding to various factors that are crucial in determining the likelihood that an Amazon company will succeed or not.
A few of these include fulfillment costs, fees as well as advertising.
The implementation of a proper selling plan is a difficult task for any business however, some new entrepreneurs simply would like to avoid the cost and effort of doing it by themselves.
Thus, they decide to put their company into the hands of experts for a simple affordable, cost-effective, and efficient beginning.
If you’re planning on managing your business with the aid of an established eCommerce firm this article can provide you with the most important aspects to consider when you are trying to create an effective enterprise on Amazon.
How Do I Sell Things on Amazon?
One of the main concerns sellers face when they decide to launch the Amazon company will be “What platform do I end up going with?”:
- Seller Central, or
- Vendor Central
The most significant difference between vendors and sellers is who has greater control over their products. With regards to Seller Central, the good thing is that anyone can simply sign up and begin selling from the moment they sign up. You will receive quick payments and perhaps better margins.
As a seller who is a third party, you have greater control over your product. Furthermore, since you are selling items directly to your customers you can decide your price.
Selling on Amazon: Individual Vs Professional Account
Once you begin selling via Amazon Seller Central, you must decide if you’d prefer an individual or a professional account.
What is the difference? The cost. In a nutshell: the amazon individual account has $0.99 per item sold, while the Professional account is $39.99 monthly.
Selling on Amazon: Fee
Fees Once you’ve selected the kind of account that is best suited to your needs, you’ll need to pay for the following charges to start an Amazon business:
- Subscription Fee
- Referral Fee
- Fulfillment Fee
- Closing Fee
- Monthly Storage Fee
- Long-Term Storage Fee
- Shipping fee
Selling on Amazon: Fulfillment
Fulfillment Amazon is extremely serious about customer service, which is why it offers its sellers two options for fulfillment to satisfy the demands of customers: Amazon FBA and FBM.
To know more about amazon seller central customer service, click here.
The FBA (Fulfillment By Amazon) Program allows for easy and smooth fulfillment for sellers. By using FBA, Amazon handles all aspects of shipping and customer service. Here are some of the offerings offered under the FBA: FBA program:
- Amazon-Partnered Carrier (SPD)
- Multi-Channel Fulfillment
- BA Label Service
- FBA Repackaging Service
- Inventory Placement Service
- Manual Processing Service
Selling on Amazon: Advertising
When new sellers decide to enter Amazon’s uncharted areas, without advice, the majority are left with a loss of time – and an immense amount of money due to the first thing they need to do is that they don’t have a branding identity, which results in poor marketing practices, and consequently low sales.
Here’s a listing of the currently available services through Amazon Advertising:
- Sponsored Product
- Amazon Brand Ads
- Sponsored Display
- Store.
Recommended Guide: How to choose an amazon optimization service.