Are you one of the many looking to get your products on Amazon’s marketplace? If you are looking to learn about how you can sell your products on Amazon, continue reading to find out.
How To Sell Your Products – Getting Started
1. Getting A Professional Seller Account
While you could get started selling on Amazon without a professional seller’s account, if you are taking it seriously, you want to get one. Not only is it only $39.99 per month, but it will allow you to sell as many products as you want. Without a professional seller plan, you are going to be limited to selling just 40 units per month. Therefore, you want to pay the fee for a seller’s account to avoid that restriction.
2. Figure Out How You Want To Sell
There are ultimately two main ways to sell on Amazon as a third-party seller.
Fulfillment by Merchant (FBM)
One of the ways is by selling Fulfillment by Merchant (FBM). If you are looking to sell on Amazon’s marketplace but you want to handle the fulfillment, you can do so as an FBM seller. The benefits of selling FBM is the ability to control the entire process from start to finish to ensure that you are doing it the way you intended. However, the main benefit is being able to save money on fees. While you will still have to pay Amazon a commission for giving you the sale, you won’t have to pay the variable pick and pack fees and the various other associated fees with Fulfillment by Amazon (FBA). The downsides to selling through FBM have to do with the fact that you will have to manage shipping and returns which can be very time-consuming. Likewise, you have to worry about handling and storing your own inventory which might not be viable for those with bulky products.
Fulfillment by Amazon (FBA)
The other way you can sell on Amazon is by shipping your products to Amazon fulfillment centers and having them store your inventory and fulfill the orders for you. This allows you to get the Amazon FBA designation on the product listings which means Amazon Prime members will be able to get free 2-day shipping on your products. This alone can be beneficial because it is proven that Amazon FBA customers are generally more willing to pay a higher price to use this benefit. Another benefit is the ability to avoid having to handle your own storage and the ability to hand off returns and customer service issues to Amazon directly. The downsides are the higher fees you will be paying for these privileges.
Seller Fulfilled Prime (SFP)
The third option you have available as a third-party seller is the ability to sell with the prime designation and ship the products yourself. This is only a program that you can apply and get approved for if you have met the threshold for high performance. Amazon tracks your performance as a seller and you need to meet specific thresholds for various criteria to sell with this.
Learning More About How To Sell Your Products On Amazon By Getting The Amazing Selling Machine
Using a program like this can be very beneficial if you are attempting to learn how to sell on the platform because it was developed by actual third-party sellers. Therefore, you are getting actionable data and case studies that can help you develop your own strategies and help you cut down on the potential for mistakes. By learning the various strategies that work and some things that you shouldn’t do, you will be able to give yourself a much better chance of seeing success as a third-party seller on the competitive marketplace. While the initial cost for the program is significant, you will make it back in the potential returns you can get and the cost savings you will incur from making fewer mistakes that’s why we recommend you to take a course like the Amazing Selling Machine course so you can learn the entire process easily.
Selling on Amazon can be very lucrative. If you have your own existing products or you are looking to begin selling physical products, there is no better place to sell than on Amazon’s marketplace. Not only is it the largest global marketplace, but it is constantly growing. By getting your products and brand in the marketplace, you can skyrocket your sales.