I hope you know Amazon. Well, if no then let me tell
you that Amazon is the biggest marketplace for buying and selling products. Most of
the people have just buying experience but yes you can sell as well. Amazing
yes it is through Amazon FBA. Let’s talk about this.
What is Amazon FBA
If I am able to demystify this term then FBA stands
for Fulfillment by Amazon. Here you list the product for selling and then send
that product to Amazon fulfillment center. Amazon stores it in their warehouses
and then when somebody buys that product then Amazon picks, packs, and does the shipping. Returns and Refunds are also
handled by the Amazon itself. You don’t need to take pain for packaging and
then shipping. Amazon fulfills that on your behalf and you get paid for the
product.
Steps
needed for Amazon FBA
1. Create your
Amazon Seller Account
Yes the first and foremost task is to create your
Amazon seller account. It is a simple and straight forward process and you will
be able to create your seller account.
2. Select the products you want to sell
Now select your
products which you want to sell like let's say that you want to sell Shoes then
you can select that product for selling
3. Send
product to Amazon
Source your product and send them to the Amazon as
they have numerous Warehouses where they are likely to store your product. You
just need to check for the nearest warehouse and then send the product to that
warehouse.
4. Amazon
store your products
As soon as they will
receive the product then they will sort the product and store that in their
warehouse.
5. Buying of
product
Now Customer will scroll through the site and will
buy your product.
6. Amazon
ships your product and you will get paid
Once customer place order then Amazon will pick,
pack, and ship that product for you. Once your product gets successfully
transacted then you will get paid that often every 2 weeks.
Responsibility in Amazon FBA
You are responsible for the Following
1.
Right
selection of Products
Yes
you read that right. Sometimes it has been viewed that people get wrong in
product selection. People select those products which are not being sold off
the shelves. You need to be extremely careful while selecting the product. The right selected product will assist you in raking money.
2.
Keeping
inventory in stock
When the product is
on selling spree then it is likely to be the thing that inventory will get depleted.
You will be informed of the same by the Amazon and you need to keep that in
stock otherwise, you may lose the selling opportunity.
3. Advertise
your products
You have to be in charge of advertising for your
products. Marketing is essential for your product sale so you need to take
over the marketing efforts that will bring in more sales.
Where
to get the products for selling
Well there are
various scenarios for this
1.
You
are a producer of the product
2.
You
are not a producer of any product
In this case, you can
procure product locally or you can order from other countries where you find
them cheap. You just need to order a few samples initially and if things settle
down then consider your profit and order accordingly and then directly send
them to the Amazon warehouses.
Money
Made from Amazon FBA
This is very
Subjective question as entirely thing depends on your product selection and how
quickly that product is getting off the shelves. There are two things, one is
that you select any offbeat product which does not have that much sale and
second is the case where you are selling a product which is getting off the
shelves like a cake. Here you can judge yourself from which part that you
will earn money. Of course, the second option is greatly viable as more selling more
money and it is that simple to understand.
Benefits
of Using FBA
1.
Less
Effort
You just need to source
the products to the Amazon warehouse and when all things are taken care of by the
Amazon itself so fewer efforts are there and you will get profit.
2.
Customer
Handling
Amazon
will handle all the order placement and customer handling. If any customer
feels unsatisfied and wants to return products or wants to get a refund then they
can be handled by the Amazon itself.
3.
Storage
space
Yes
you don’t need to be worried about the storage space for storing the products.
Amazon will do that on your behalf. Amazon warehouses generally have large
storage capacity which can be utilized for storage.
4.
Delivery
Amazon
have numerous fulfillment centers which mean that your products will get
delivered quickly that will assist in good reviews and hence more sale and
money
Therefore
utilizing the above way you can make money online and be a millionaire.
You can also
contribute your articles on our blog and get paid. For more info connect on
teamblogger20@yahoo.com.
Comments
Post a Comment