Amazon today is one of the top leaders in the e-commerce industry. They keep expanding their service into different sectors. It has also given the employment of millions of staff belonging to various departments. Their client base is increasing day by day since people of almost all ages would like to create amazon account and shop on it.
No doubt, Amazon would be the first choice for people to search for the products whenever they need to buy them. After all, it provides many conveniences for a buyer. E.g., one might purchase the desired item at a less competitive rate than anywhere else. Additionally, one can choose to buy from a list of available sellers. The product replacement and return policy are also very customer friendly.
Amazon is a platform that not only cares for its buyers but also offers help to sellers in promoting their products on a huge traffic marketplace. So, it is a global platform to sell products and promote and advertise them. By the way, it is straightforward for anyone to join and start a business with Amazon. Let us discover how;
How to Create Amazon Account as a Seller?
Before proceeding ahead to create new amazon account for Business, you should have an idea about what all things that you need to complete it! During the signup process, you need to provide them your Government ID, Bank account, and tax information. You also need to confirm your business mobile and email with it. So let is straight dive into the steps to get an idea about how it should be done.
You can follow the below three steps;
1) Open the Amazon’s Mobile App or Website (Go to Google and type Amazon on it. You will see a link of shopping site with the domain based on your country).
2) You will find a Sign in the drop-down menu; from there, you can click on “Start here” to make a new account.
3) Fill up your business's details to create amazon account email address, phone, then choose a username and a stronger password.
Make sure to correctly fill up every genuine detail to create Amazon seller account! Further, proceed ahead as directed to create new Amazon account for selling the products online. Once everything is followed well, you will be done with registering your business account on Amazon.
You can further add more details regarding your business profile, payment, and others for future convenience. Finally, you are authentically someone on this popular e-commerce marketplace to sell the products.
5 Options to Start Doing Business on Amazon
After creating a profile, you might be excited to list up the very first product that you want to sell on it online. But wait! There are many things to consider in mind before taking a further step.
First of all, you need to know that as an Amazon seller, you need to choose a plan and pay the referral fee that Amazon takes for each sale. By the way, it varies as per the category of product and is a percentage figure of the entire transaction amount!
You can use Amazon’s seller app to handle almost all kinds of activities on the go! It includes creating new listings; take, edit, and update high-quality product photos. Additionally, you can use it to provide customer support, search for products for selling, manage orders, and track sales.
An e-commerce seller generally belongs to one of the following business models. Are you new and do not know how you will execute the process of online sales? You need to refer to these and choose the one as per your interest, convenience, and budget.
1) Brand Owner/ Handmade
In case you are manufacturing any item in-home or running a small scale business, you can create a private label on Amazon. You can offer a unique selection of items on your store and get the orders directly from your target customers. The next step in it is to send the products straight to your customers without any intermediaries in between.
In this method, you will sure gain mush profit, even more than selling the same items on offline shops. However, you need to handle everything or hire staff who can manage your Amazon store to keep your brand grow and ensure more sales.
2) Private Label
It is about legally renaming or rebranding a product already produced under a unique label or brand.
3) Seed Funding
If you have enough budget to start a business, then you can definitely try this option. Here you need to purchase wholesale items, stock them well, and next list them to sell online on Amazon.
In this way, after getting an order, you need to ship them directly to their mentioned address and complete it. However, try to put high efforts to get the products from reliable wholesale companies or straight from brands.
You can definitely buy products from them at a discount rate and sell them on your store at market price to make profits. There is a risk of overstocking or unsold inventory of the products that are with you. Hence, to avoid this, you need to research for the popular are highly demanded products and items on which you can make enough profits.
4) Retail Arbitrage or Reselling
It is like regular offline retailing businesses to sell discounted or low-cost goods like the way one can do in offline stores.
5) Dropshipping
It is one of the popular yet convenient methods for both smart sellers and manufacturers. You need to find the popular items, list them from retailers, wholesalers, or producers, and get it delivered to your buyers directly from them! A reseller does not need to manage any inventory or stocks; neither need to worry about packaging in this business model.
A right supplier like SaleYee dropshipping platform is the one who is experienced enough in providing many helpful features as a service to their clients or resellers. An Amazon seller must avoid any future hassles while dealing with any new or unskilled supplier. As a result, a reseller can make sure there will be a high possibility of good reviews regarding its customers' seller service.
An Outlook on Tips to Grow your Business on Amazon
The right tips and strategies can save your time and money to manage your business process. Take good care while adding products on Amazon to sell online. It has to be under the right category, SEO friendly Title, and complete description to get its target audiences.
By the way, as a seller, you must know everything about and can choose to take the help of fulfillment methods. They are, namely, FBM (Fulfillment by Merchant) or FBA (Fulfillment by Amazon). It is worth to mention that Amazon prime and BSR also offers extra help for sellers to boost their sales.
Here Amazon's BSR is Best Seller Rank and decided for products, categories, and sub-categories to help buyers quickly make a quality buy. So, it would be best to create amazon prime account if you are looking for some serious business with it.
You can also use certain other Amazon’s features to promote your products among other sellers for the same products. It can be done by displaying ads, use of competitive prices, and offering fast shipping to your buyers. Give your best to get positive reviews from the buyer since it must generate future sales.
Conclusion
There isn’t any single business that can be run and manage without any efforts! The same applies to an Amazon seller as well, especially new ones. Even experts say that you need to be dedicated to your business.
Now, you think it is enough to create some listings on a popular e-commerce marketplace and relax to enjoy sales. If yes, then it is time for you to change your mind before it’s too late.
Amazon is a trustworthy, simple, and hassle-free platform! So customers prefer it the most. It is a potential marketplace for online sellers to market products in front of millions of customers each day.
All you need is to create an amazon account and be aware of all its policies to avoid future issues. Try always to use some tricks to get the most from that powerful platform for your benefits in your online selling journey.
