E-commerce business is a fast-evolving industry today – the environment is constantly changing and developing as technology advances. Amazon is one of the thriving platforms ever since and is dubbed as the global benchmark for the online marketplace.
Yet, what makes Amazon unique from other markets? It is the Fulfillment by Amazon or FBA service being offered to millions of its sellers. It is undoubtedly the greatest and most transformative system in online business that speaks volumes about convenience. For novice sellers, here are some of the pointers that you need to know to help you on how to start selling on Amazon FBA.
What You Need To Know Before Selling
The competition is tough in the e-commerce business. In more than 180 countries, Amazon has over 300 million active customer accounts. The sales on Prime Day alone reach a whopping $3.5 billion. Amazon is indeed a trusted platform by customers and sellers globally.
Are you planning to do business online? Do you want to establish an e-commerce store or are you just about to start selling? You can easily launch your product now on Amazon! Just keep in mind these basic pointers:
Fulfill The Requirements Of Amazon For Sellers
First and foremost, you need to create an Amazon seller account online – just go to the Amazon sign-up page and click on start selling to create one. To complete your account and registration on Amazon, make sure to provide accurate details on the following:
- Bank account number and bank routing number
- Chargeable credit card
- Government-issued national ID
- Tax information
- Phone number
Review Fba Services Sellers On Amazon
Retailers and small businesses became hooked to Amazon because of its FBA or Fulfillment by Amazon service. The concept of this system is simple yet very helpful: The seller’s duty is to sell, Amazon’s duty is to ship the product.
Amazon FBA handles everything from product warehousing, packing, shipping, including returns and refunds, and more. The seller only needs to send their products to an Amazon warehouse and then they can focus their other resources on growing their business and improving marketing strategy.
If you want to avail of FBA services, you must create an Amazon seller account and add your preferred FBA. Of course, you have to pay Amazon fees for the FBA service. And what do you get for the money?
- 24/7 Amazon customer service
- Fulfill your orders (pick, pack, ship)
- Store your products on Amazon warehouse
Choose An Amazon Plan As A Seller
Amazon’s services are not free, but it is surely affordable for the sellers. Other fees include shipping, FBA, and there is a fee for a subscription that you need to pay for a certain Amazon plan you have chosen as a seller.
There are two Amazon plans available: (1) the individual selling plan which costs only $0.99 per item sold, and (2) the professional selling plan which has a flat rate of $39.99 per month.
If you fulfill orders yourself, there are shipping fees on Amazon as well. Those fees depend upon the items the seller is selling and the shipping service chosen by the customer.
As for the FBA, the fees are for order fulfillment, storage, and optional services. Remember that the fee varies depending on the seller’s necessities and requests. If you have created your Amazon seller account, you can check the fees for your products.
Optimize Your Amazon Product Listing
There are millions of competitors globally, and as a seller, one of the keys to being established and successful is to be on the top of the Amazon listing’s ranking. The customers need to easily find your products on Amazon so that they can buy them. And they can see your products by entering the keywords in the search bar, which are then analogized with the information you provide for your product, including your title and description. If your keywords match the searcher’s query, you’re doing well.
Formulate the right keywords, optimize your product title, create the best description for your product – by following these Amazon listing optimization guidelines, you will surely increase your product’s discoverability and sales. As long as you make sure to greatly manage your listings, regardless if you only started selling today, success can be along your way.
Enjoy Selling Today!
Amazon made sure that it will be easy for sellers to create their selling accounts. There are a lot of guides online! If you want a step-by-step guide in setting up your Amazon account, just read our other articles or reach out to us to learn more about our services.
The convenience brought by Amazon is very transformative. And now, Amazon has a seller application! You can easily track your sales whenever you want and wherever you are as long as you have the application installed on your mobile device. So stop hesitating now and start selling on Amazon today!