Amazon is the largest eCommerce marketplace in the world. It doesn’t matter if you’re in the U.S., Canada, Europe, or Asia—you can sell on Amazon and make money!
However, every Amazon seller already knows that a successful career on the platform is not just about making sure you’ve got great products to sell, but also knowing all the ins and outs of Amazon’s policies, fulfillment processes, and marketing strategies.
Successful full-time Amazon sellers need to be experts in all of those areas. As a full-time seller myself, I’d like to tell you what it takes to make a great living selling on Amazon. While I’m no guru or expert (I’m still learning new things every day), my experience has taught me some valuable lessons that can help you get started or help you continue growing your business.
Why sell on Amazon? The benefits of becoming an Amazon seller
People are always looking for great deals on things they want or need. If you have something that would fit into this category, then selling it through Amazon could be a great way to make money online.
With more than $12 billion in Amazon sales, it’s no wonder that so many people are looking to sell on Amazon. The platform is one of the biggest marketplaces in the world, and it’s also an excellent way to get started in the business.
Here are just some of the benefits of becoming an Amazon seller:
- Work from home or anywhere in the world
- Make your own hours and set your own schedule
- Build an online reputation and brand that lasts forever
But what if you’ve already started selling on Amazon and want to make a career out of it? Can you really make money as a full-time Amazon seller?
Absolutely! In fact, there are thousands of people who have made this their full-time job and do very well for themselves. If you want to follow in their footsteps, here are some strategies you can use to make your first sale and build your business up from there:
How to build your Amazon career
So, you’ve been searching lately about selling on amazon for dummies, then you realized that the best way to find out is to read about it – you are on the right track!
The first thing that you need to know is that being an Amazon seller isn’t easy. It takes a lot of time and effort to become successful at this business model. However, if it’s something that you’re willing to put in the effort, then there are many benefits that come along with it. If you are ready to start your Amazon business, you need to know that there are two ways to make money selling on Amazon: Sell as an individual seller or become an Amazon FBA (Fulfillment by Amazon) seller.
FBA Seller – Amazon FBA means that Amazon handles all aspects of storing and shipping your products. Hence, all you have to do is send them inventory, which they will store in their warehouse. You don’t have to worry about picking, packing, and shipping orders yourself! This can be great for people who don’t have the time or resources for logistics management.
Individual Seller – Third-party sellers use their own inventory to sell products on Amazon’s marketplace. They’re responsible for the cost of storage, shipping, and customer service, but they don’t have to pay Amazon fees.
Once you decide how to launch your Amazon store, you need a strategy for success as an Amazon seller.
Here are some tips for building a successful career as a full-time Amazon businessman:
1. Do lots of research
Research is key to success as a seller on Amazon. You need to ensure that you have enough information about the market, your potential customers, and your competitors. If you’re just starting out, then it might be wise to hire someone who has done all this research for other people in the past or use a software application that can do these things. This is especially true if you plan on selling expensive items like electronics or jewelry because those products often require more than one type of research before being sold successfully on Amazon. When doing a research, you should:
- Find a product that will sell well. The most essential part of choosing a product is that it should be something that people want and something they can’t find anywhere else.
- Get to know the competition. – Before you choose, do some research to see if others sell similar products on Amazon. If there are already sellers in this niche, it means more competition and less profit for you.
- Find a manufacturer or supplier of your product. -You’ll also need to find a supplier for your product—someone who can manufacture it at an affordable price and deliver it quickly to have time to fulfill orders from customers. You may have to pay upfront for some of these items until they’re delivered to Amazon’s warehouse (or “fulfillment center”), but once they’re there, customers will be able to purchase them immediately
- Understand the laws and regulations. Your next step after finding suppliers is setting up your business to comply with all local laws concerning taxes, shipping costs, etc., and federal regulations like those governing eCommerce websites such as Amazon.
2. List your products
After selecting your product and your fulfillment, then it’s time to list your products on Amazon. You can do this by setting up an account and going through the process of adding your products manually or using an All-in-one automated system software like Zonebase, JungleScout, or Sellics.
Using an automated system will save time and allow you to add multiple items at once, making it easier for bigger sellers who have a lot of inventory.
3. Optimize your listings for SEO
Once your products are listed on Amazon, optimize your listings with SEO keywords to improve search results visibility. If you don’t optimize your listing correctly, then customers won’t find your product when they search on Amazon; this means fewer sales!
4. Be consistent with your pricing strategy
When you’re first starting out, you may think that you need to change your prices often. But this isn’t the case. In fact, when you start off with a new product, it’s best to keep your price consistent for at least a few weeks.
This will help build up trust and credibility with customers and give them an idea of how long they can expect to wait before they receive their products after ordering from you. You can also use this period to determine what works best for your business—whether shipping times or product quality—and then implement those changes into your business model for future orders.
You can also use competitive analysis to determine the right price point for each item and category in your store in the long run. Then use this data as a starting point when setting new prices and adjusting existing ones over time as needed.
5. Go social
Social media is an essential tool in any seller’s arsenal. It helps you build your brand and connect with potential customers. According to eMarketer, more than half of U.S. adults use social media platforms at least once per month, so sellers need to take advantage of this opportunity by creating profiles on platforms like Facebook and Twitter and posting regular updates about their products or services.
With e-commerce sales on the rise, there’s never been a better time to build a full-time career selling on Amazon. If you’re an aspiring seller, it’s essential to know that you must work hard and stay committed to reaping your efforts’ rewards.
Although it may be tempting to give up when things don’t go as planned, remember that success is earned through perseverance and dedication. It won’t happen overnight—but it will happen if you believe in yourself and make smart decisions along the way!