There are many reasons to sell on Amazon. First, Amazon is one of the largest online marketplaces in the world, with millions of shoppers visiting the site every day. This gives you a large potential customer base for your products.
Second, selling on Amazon can be a great way to boost your sales and exposure. When you list your products on Amazon, they are not only available to Amazon shoppers, but also to the millions of shoppers who use Amazon as their primary search engine. This can help you reach a wider audience and potentially increase your sales.
Third, Amazon is a trusted and well-known online marketplace. This can give your products added credibility and make shoppers more likely to purchase from you. Finally, Amazon offers a number of features and tools that can make selling your products on the site easier and more efficient. These include listing tools, order management tools, payment processing, and customer service support.
To sell on Amazon, register as an Amazon seller
To register as an Amazon seller, you first need to create an Amazon account. Once you have done so, you can then proceed to the Amazon Seller Central homepage and click on the “Register now” button.
You will then be prompted to enter your personal information, as well as your business information. After you have entered all of the required information, you will be able to review and submit your registration.
Once your registration has been submitted, you will receive an email from Amazon confirming your registration. You will then be able to log in to your account and begin listing and selling items on Amazon.com!
Choose your selling plan
There are three different types of seller plans on Amazon:
As an individual seller, you can list up to 40 items per month on Amazon. If you plan to sell more than that, you’ll need to sign up for a Professional seller account. Professional seller accounts have no listing limit, but they do require a monthly subscription fee of $39.99.
If you’re selling a large volume of products, or if you’re looking for additional features and support, an Enterprise seller account might be right for you. Enterprise seller accounts are custom-priced, and they come with a dedicated account manager.
To decide which seller plan is right for you, think about how many products you plan to sell per month and whether you need any of the extra features that come with a Professional or Enterprise account.
Create your seller profile
Creating a seller profile on Amazon is simple and easy to do. You can create your profile by following these steps:
- Go to Amazon.com and log in to your account.
- Click on the “Your Account” link at the top of the page.
- Under the “Personalization” section, click on the “Seller Profile” link.
- Enter your seller information in the appropriate fields.
- Click on the “Submit” button to save your changes.
That’s all there is to it! By creating a seller profile on Amazon, you’ll be able to better promote and sell your products
Add your products
Once you’ve set up your seller account and profile, you can start adding products to Amazon. To do this, you’ll need to create a product listing for each item you want to sell.
Set up shipping and returns
Shipping and returns are an important part of any online business, but they can be especially challenging when selling on Amazon. In this post, we’ll outline some key considerations for setting up shipping and returns for your Amazon business.
First, you’ll need to decide which shipping option is right for you. Amazon offers two shipping options for sellers: Fulfillment by Amazon (FBA) and Seller Fulfilled Prime (SFP).
If you choose to use FBA, Amazon will handle all of the shipping and returns for your products. This can be a great option if you’re just getting started with selling on Amazon, as it can take some of the pressure off of you in terms of fulfillment. However, it’s important to note that there are some additional costs associated with using FBA, so be sure to factor that into your decision.
If you choose to use SFP, you’ll be responsible for shipping and returns for your products. This option can be a good choice if you’re already established in ecommerce and are looking to save on some of the fulfillment costs. However, it’s important to keep in mind that customers will expect a higher level of customer service when dealing with shipping and returns, so be sure you’re prepared to handle those inquiries.
Once you’ve decided which shipping option is right for you, you’ll need to set up your shipping and returns policies. Amazon has some specific guidelines for these policies, so be sure to review them carefully before setting anything in stone.
In general, your shipping policy should include information on how you ship items, how long it will take for customers to receive their orders, and any applicable shipping charges. Your return policy should outline how customers can return items, how you handle refunds, and any restocking fees that may apply.
It’s also a good idea to include contact information for your customer service team in both your shipping and returns policies. This way, if there are any questions or concerns, customers will know who to contact.
Once you have your shipping and return policies in place, be sure to communicate them clearly to your customers. You can do this by including them in your product listings and linking to them from your website or blog.
By taking the time to set up shipping and returns for your Amazon business, you can help ensure a smooth shopping experience for your customers.
Choose your payment methods
There are a few different ways to get paid when you sell on Amazon. The most popular payment method is direct deposit, which allows you to have your earnings deposited directly into your bank account. You can also choose to receive payments via check or Amazon gift card. If you’re selling physical goods, you’ll need to arrange for shipping and handling, which can be done through a third-party service or directly through Amazon.
If you’re selling digital goods, such as e-books or software, you’ll need to set up a payment gateway in order to receive payments. PayPal is a popular choice for many sellers, but there are other options available as well. Once you’ve chosen your payment method, you’ll need to set up your account and provide the necessary information.
Manage your orders and customers
First, it’s important to keep track of your orders. You can do this by using Amazon’s Order Management System (OMS). This system allows you to view your orders, track their status, and even cancel them if necessary.
It’s also important to keep track of your customers. You can do this by using Amazon’s Customer Relationship Management (CRM) system. This system allows you to view your customers’ contact information, order history, and even send them messages.
Promote and market your products
Once you’ve added your products to Amazon and set your prices, you’ll need to promote your items in order to generate sales. There are a number of ways to promote your products on Amazon, such as through Amazon Advertising or by using Amazon’s search engine optimization (SEO) tools.
Measuring your success
There are a few key metrics that you can use to measure your success when selling on Amazon.
a. Sales Volume: This is the total number of sales that you have generated on Amazon. This is a good metric to track because it will give you an idea of how popular your products are and how much demand there is for them.
b. Conversion Rate: This is the percentage of people who buy your products after viewing your listing. Track this because it will give you an idea of how effective your listing is at converting viewers into buyers.
c. Average Selling Price: This is the average price that your products are selling for and it will give you an idea of how much profit you are making on each sale.
d. Total Revenue: This is the total amount of money that you have made from selling your products on Amazon.
e. Amazon Fees: This is the amount of money that you have to pay to Amazon in fees for selling your products on their platform.
f. Shipping Costs: This is the amount of money that you have to spend on shipping your products to customers.
g. Return Rate: This is the percentage of people who return your products after they receive them. This is a good metric to track because it will give you an idea of the quality of your products and how satisfied your customers are with their purchase.
h. Customer Satisfaction: This is a measure of how happy your customers are with their purchase and will reveal how likely your customers are to buy from you again in the future.
i. Repeat Customers: This is the percentage of people who buy from you more than once, a measure of company loyalty.
These are just a few of the most important metrics that you should track when selling on Amazon. tracking these metrics, you can get a better understanding of your business and what areas you need to improve in order to be more successful.
Grow your business
One way to increase your sales is to offer promotions and discounts. This can attract new customers and encourage existing customers to buy more from you. Another way to grow your business is to improve your listings. Make sure your titles and descriptions are clear and accurate and use high-quality images to show off your products.
You can also try marketing campaigns to reach new customers or drive more traffic to your listings. For example, you could run a social media campaign or an email marketing campaign.
Finally, don’t forget to keep an eye on your competition. See what they’re doing and try to find ways to stand out from the crowd.
If Amazon is where you want to sell and this article is inspiring but a bit daunting, we can help. The New Target team has successfully launched numerous client stores on Amazon, and we’d be happy to do the same for you.