Starting an online business is not a difficult task to do. You can start everything from your home or your office. There are a lot of marketplace sites that are available on the Internet today. You can take a look at some popular websites, so you can choose the best marketplace for you to offer your products. Amazon is one of the most popular marketplace websites that you can find on the Internet today. It has a lot of active customers every month, so you can use it for targeting a lot of potential customers from all around the world. Is selling on Amazon worth it? We are going to share some important information about Amazon here.
What do you need to know about the Amazon marketplace?
Amazon is a major website that is popular among many people today. They are selling a lot of products from different categories, from lipsticks, car seats, sun umbrellas, home accessories, kitchen appliances, etc. They offer a wide product choice for a lot of customers. These products are coming from thousands of external sellers that are from many different countries in the world.
Amazon has a special program called the Amazon marketplace. This is a program that allows all third-party retailer sellers to sell any products on this marketplace. Amazon marketplace is well-integrated into Amazon.com, so many customers don’t realize they are buying any products from third-party sellers.
You may want to know how much to sell on Amazon, so you can calculate how much can you make selling on Amazon. Depending on the selling plan that you choose on Amazon, you are going to have different selling costs on Amazon. You can choose from 2 main subscription plans, which are professional and individual.
The individual seller plan from Amazon has
- No monthly fee
- $0.99 fee for every item you can sell on Amazon
- Variable closing fees that are varying by category (they usually range between $0.45 to $1.35)
The professional seller plan has
- a monthly subscription fee which is around $39.99
- Referral fee on every item sold. This fee is usually ranging from 6% to 25%. The average fee will be around 13%
- Variable closing fees that will vary by category
Pros and Cons of Selling on Amazon
Pros
- It’s pretty easy to sell on the Amazon marketplace. This is the first benefit that you will get by selling on Amazon. Many people are asking, “is it easy to sell on Amazon?”. Getting started on Amazon is much easier than setting up your online store and warehousing infrastructure. You can simply create your product listing and send the products to the FBA (Fulfilled by Amazon)warehouse. You are good to go for starting your online business.
- Can get access to a lot of customers instantly. Amazon has millions of customers that are active on their websites every month. You will be able to reach these potential customers at any time you want. It means that you can save a lot of your time, effort, and money because you don’t have to promote all of your products alone.
Cons
- You cannot target your customers by yourself. Your customers are Amazon’s customers. Amazon is the only one that owns the customer relationship. You still need to use the Amazon marketplace for selling your products in the future.
- Several costs will cut or reduce your profit. If you want to sell on Amazon, you have to be ready to reduce your profit. Some seller fees are involved in the selling process on Amazon. It is necessary for you to calculate your product costs and product price carefully, so you can know if is it worth it to sell on Amazon.
Start the Amazon Dropshipping Business Today
Is it profitable to sell on Amazon, although you don’t have products in your stock? Yes, you can still use the dropshipping business strategy for getting a lot of profit from Amazon. First, you may want to learn how to find profitable products to sell on Amazon. You can visit Amazon for finding some hot items that are popular among many people on this marketplace site. Then, you can start looking for the best suppliers around you. There are a lot of suppliers who are ready to support your dropshipping business. Once your customers buy any products from you, you can simply order these products from your suppliers. The items will be delivered to your customers directly from the suppliers.
SaleYee will be one of the most popular suppliers on the market today. They have more than 30,000 profitable SKUs that are available on their platforms. They offer reliable customer support for all customers. When your customers get any issues with their orders, they can contact SaleYee at any time. SaleYee also offers a 3-month after-sales period, so you will never have to worry about finding the best way to offer the best customer experience for all users. It is easy for you to sell on Amazon for growing your dropshipping business. SaleYee will update their collections regularly, so you will get some new popular items from their collections every month.
There are some policies that you need to read from Amazon. If you violate any of these policies, you may lose your ability to sell via FBM or Amazon marketplace. You must be identified as a seller on the invoices, external packaging, packing slips, etc. There must be no mention of your manufacturer or supplier’s name. You are the one that is responsible for accepting and also processing returns. You also need to comply with all of the terms of services from Amazon according to their seller agreement. You can tell your suppliers about any of these policies, so you will ensure that you can follow all rules and guidelines from Amazon.
Conclusion
If you are still asking, “is selling on Amazon worth it?” or “is selling on amazon profitable”, the answer is still yes. Amazon is the best marketplace for you who want to start your online business now. You can get access to a lot of customers who are ready to buy your products at any time they want.
