You can buy just about anything on the internet these days. With one quick internet search, you can find a variety of stores marketed to one niche. Some sites, however, allow you to set up your own shop and sell whatever you desire.
Amazon is one such website that allows you to accomplish this. Since millions of people shop on Amazon every day, the right people are more likely to see your store on this platform than anywhere else.
But what is the best way to become a successful Amazon seller? Here are the three first steps you should follow.
1. Product Research
Product research is the first step to becoming a successful Amazon seller. You need to know which items are in high demand and what amount others price them. It will also help you gather ideas for what you want to sell in your store.
There are online tools out there to help make your product research easier. Jungle Scout is a software that allows prospective Amazon sellers to search for products, compare prices, and other essential research functions. You can read more about how this seller’s tool compares to others like it in a comparison review at https://projectfba.com/jungle-scout-vs-viral-launch/.
Also, consider investing in this Amazon seller tool that can help you optimize and track your sales, giving you a competitive edge. With such platforms, anyone can grow their sales by taking advantage of their features and user-friendly dashboard.
2. Create a Seller Account
After you know what to sell, it’s time to set up your account. You can press the “Sell” button on the top of Amazon’s homepage. Then, you’ll get a prompt to choose between an Individual or Professional Seller account.
A Professional Seller account costs $39.99 a month, plus seller fees. An individual account caters to people who want to sell a few items, and there is no monthly fee. The only downside to this scheme is that it costs 99 cents to sell each item.
If you’re looking to make the most money, starting a professional business through Amazon will help you reach many people and keep a consistent consumer base.
You’ll have to supply Amazon with information like your business name, address, internationally useable credit card, and any tax ID information. Once the site calls you to confirm your business, you’re ready to make your first sale.
3. Launch Your First Product
To sell your first item, go to your inventory, and click “Add a Product.” The site will ask you to fill out a form with information on your product. This information will include the name, shape, color, size, brand, quality, and more. It’s best to have your information sorted out before you begin your product launch.
Of course, you’ll also have to decide how much you’ll price an item. This decision is where your product research will come in handy. Look at your competitors and see what they’re asking for similar products. You should consider the shipping costs, Amazon fees, and the original price it cost you to buy your product when you set its price.
The last step in your launch is writing your product title and description. Always keep your title under 200 characters and your description brief. Bullet points can help organize information if it becomes too long.
Amazon is a widely popular website that can help you reach a large consumer base efficiently. These three steps will help you create a store that will reach your target audience and make the most profits. After this, it’s up to you to keep your products up to date consistently.
The more professional a business looks, the more customers it will attract. Amazon helps stores look professional, but you should put effort into your descriptions and photos to make them look perfect. Hiring a professional photographer or copywriter can help you take your marketing up another level.