Five Steps To Sell On Amazon
There are many books on Amazon selling. However, it can be quite simple to sell your products through this marketplace. This is especially true if you have already selected your products and found a supplier.
Regardless of how big or small their business is, all new Amazon sellers start with the same five steps. These are the steps you will need to follow to sell on Amazon.
1. Register for an Amazon seller account
To set up an Amazon seller account and start selling on Amazon, first, choose a seller plan. Next, give some information about your company and then understand Amazon’s seller policies.
Select a Seller Plan
You can choose from three selling plans when you sign up for Amazon. These plans will vary depending on how big your business is.
Amazon Individual Seller:
This is for small businesses that plan to sell less than 40 products per month. You will pay $0.99 per sale plus some transaction fees.
Read SellerApp’s latest guide on Amazon Individual Seller.
Amazon Professional Seller:
If your goal is to sell more than 40 items per month, you will need to sign up for a professional account. Amazon will charge you a $39.99 monthly subscription fee and transaction fees for each sale.
You can sell your products as a wholesale company to Amazon if you make them yourself. They’ll handle product listing, fulfillment, shipping, and if they run out, they’ll order more from you.
Certain products may require approval before you can sell them. Only professional sellers are allowed to sell these products if they have been approved.
Certain software, laser pointers, and hoverboards are examples of products that need approval.
2. List your products.
Although there is some learning involved in selling on Amazon, it can be easy and intuitive once you are comfortable with the process.
After you have created your seller account, it is time to start listing your products on the Amazon marketplace.
If you are an individual seller, each product will be listed on Amazon Marketplace. Professional sellers can list their products in larger quantities.
Some products, such as clothing, allow for variations in size and color within a single listing.
3. Manage your inventory.
Once you have uploaded your listings to the Amazon marketplace, the Seller Central website will allow you to manage all aspects of your selling account.
You can monitor your performance metrics and check for new orders. One of the most important keys to selling on Amazon is managing your inventory.
You, the buyer, know what it feels like to click on a product that you want or need only for it to be out of stock. This is a big missed opportunity for sellers.
There are several tools that you can use to prevent this from happening. For small sellers, the Seller Central dashboard is the easiest.
You can adjust the inventory levels manually for any of your products from there.
4. Ship and Fulfill your Products
The hardest part of selling on Amazon is listing products and managing inventory. However, once a customer has placed an order, it is time to deliver the product.
Amazon offers two shipping options:
Fulfillment by Merchant:
As an Amazon Seller, you are responsible for managing inventory, packaging, labeling, and shipping products to customers.
Fulfillment by Amazon:
Amazon stores your products at their fulfillment centers. They’ll then package and ship the products to you.
5. Optimize your processes
You’ve completed all the necessary steps to set up your Amazon account and get your store started.
There are steps you can take to improve your chances of success if you’re just starting out selling on Amazon, especially if you are a beginner.
Optimization is one of the most important steps. Optimization. Optimizing Amazon’s selling process can make a big difference once you start selling on the platform.