Selling on Amazon is your ticket to reaching your dreams, but it’s not without its fair share of obstacles. Getting started is, itself, a huge learning curve that even seasoned business persons may take a while to master. If you are on the market for some useful advice, then the tips below can help keep things under wraps.
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Why Am I Doing This?
Arguably the most important part of starting your business is your source of motivation: why do you want to start selling on Amazon? There could be any number of reasons for someone to begin this type of side hustle, but what’s most important is your own reason behind it. Are you doing this for yourself, your spouse, your family, or something else? You’ll need a strong purpose because motivation and success go hand-in-hand.
What Should I Sell?
You will be selling physical products on the Amazon web store, so you need to choose a product to list there. It may be difficult to choose if you don’t already have an idea of what you want to get started on, unless you knew well before reading this article. What you sell doesn’t matter because there is a customer for just about every product. However, some products, especially those with video reviews on Amazon, will sell faster than others, so you may want to take that into consideration.
Where Can I Get the Product?
Once you know what you want to sell, you need to figure out where to obtain it. Some products can be found in a local warehouse, others must be shipped from overseas, and a few must be manufactured. Optimally, you would be able to find a manufacturer who can ship directly to you to avoid paying extra costs to a middle man. In many cases, though, you could minimize your research legwork through a stable relationship with a wholesaler.
How Much Should I Charge?
Although you could technically charge whatever amount you want for a product, the reality is that you probably need a reasonable price for it. Customers are savvy when it comes to finding the best deals online, so they will do their research in several places before committing to a purchase. This means that the $10,000 plastic kite that you want to sell may ultimately remain listed forever.
Where Will I Keep Inventory?
Physical products need a place to reside while they wait to be sent out. After completing their trip through the manufacturing process, those goods need your direction: will they stay in your garage, or a climate-controlled warehouse? The choice is yours, so choose something that works best for you (and your wallet).
Do I Need Pictures?
Brand name products will often provide professional-quality photos for resellers to use. You can find these photos in press releases or on their company website. If you have the time and access to a powerful camera, you can opt to snap your own pictures. Custom images will make your listing stand out, which may make shoppers want to click on it to make a purchase.
How Do I Describe It?
Do you have the product in your hands? It can be a lot easier to craft a description when you’re staring right at it. However, you may not always have the luxury of seeing something in person, so you may have to resort to other methods to find something plausible. The brand’s owner may offer a press package that includes detailed descriptions of their product, so you could snag it for yourself. Otherwise, you may have to sneak peeks at your competitors or review websites to get an idea of what to write about.
Selling on Amazon can be a piece of cake if you know what you’re doing. Of course, nobody is born with insights into this marvelous marketplace, so you’ll have to look for insights from a few places. This article offers a few key points that can help make your Amazon store a success.
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