How to sell on amazon fba for beginners in 2021; this is for amazon fba UK and worldwide – the principles are the same!
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How To Sell On Amazon FBA UK For Beginners
First consider the market cap of amazon. It is one of the top two of three largest companies in the world. This is due to the fact amazon are gaining an ever increasing share of the retail market not only in the USA and Europe but also many emerging markets.
How Do You Sell On Amazon?
The majority of products you see on the amazon marketplace are sold by third party sellers meaning people like you and me who use the amazon website basically to advertise and get traffic for amazon product listings. So basically amazon charge a commission for this hence win-win for both parties.
What Is Amazon FBA?
Going forward amazon FBA means basically that amazon will actually ship your products to customers in addition to just advertising your product to get a sale. They charge anywhere between £2.00 to £3.00 per unit for the majority of products. This is equivalent to what it would cost you to send each unit to a customer anyway. The big advantage is the convenience. If you are dealing with hundreds of product orders per week then it’s easier to let amazon do the legwork. We just have to send our products to amazon in bulk beforehand.
What Type Of Amazon Seller Account To Go For?
Its best to go for a professional account if you are serious about creating a regular additional income selling on amazon. For amazon FBA services you will need a professional account anyway. A basic amazon seller account has a limit to how many units you can sell per month so not ideal
Amazon Product Research 2020
In this step we need to find a profitable product to sell on amazon. This is not as easy as it seems and we use amazon research software like helium 10 to help us with this process. The software gives us sales estimates and other data for every product currently available on the amazon marketplace for example amazon.com or amazon.co.uk. Our goal is simply to find a product that sells well, differentiate from other sellers, order in bulk and then flip on amazon for profit. Once its selling well the reviews and ranking are always increasing so the job thereafter is easier, we only have to restock this decent selling product longterm thus creating a regular passive income!
Buying Products From Alibaba To Sell On Amazon
Next step is to order products and this can be from any supplier even local. Don’t worry about supplier location, what is much more important is the profit margins and quality of the product. Consider air shipping if completely new as this is less complicated but sea shipping is a must for heavier products.
Listing Products On Amazon 2020
It is vital nowadays to spend a good deal of time on your amazon product images and get professional help with this if within your budget. Also use keyword optimisation software to help with the copywriting in your listing especially the title and bulletpoints! This will help amazon index your product so the amazon a9 algorithm finds your product more easily as compared to competitors. Then your high quality amazon product images will help page views convert to customer sales especially if you identify clearly the benefits of your product and how it stands out compared to the competitors.
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