Not sure about how selling on amazon works? New to the business and want to see how selling on amazon works or have been in business for so long but still thinking of how selling on Amazon will benefit you.
Check this article completely, I will give you the solution for your worries.
Amazon Individual Seller Plans allows you to experiment with small quantities and nominal pricing which helps you to know how to sell on amazon.
AMAZON INDIVIDUAL SELLING PLAN:
The individual seller account is best for someone who tends to know how to sell on amazon.
If you want to learn how selling on Amazon works, starting with an Individual account is a good idea.
Benefits Of Selling On The Individual Seller Plan:
- Being on Amazon as an individual seller, they allow you to sell up to 40 products per month.
- Amazon charges the fee as $0.99, that too when a product is sold.
- Individual sellers can create listings one at a time instead of bulk listing.
- No monthly fees so you won’t stress or feel pressured to make sales.
- You’re allowed to go slowly and learn Amazon at your own pace by listing and selling a few items.
- If you want to learn FBA before upgrading to the Professional account, you still have the access to FBA.
HOW TO SELL ON AMAZON?
Once you decided to start selling products on Amazon, the first step is to register on Amazon. You need to create an Amazon Individual Seller Account.
1. REGISTRATION PROCESS
Business Name:
The name that will be visible to Amazon customers. This name will be the brand name that will register in the minds of the consumers.
Legal Name And Address:
This information is stored in your account for Amazon’s reference. If you’re a registered business entity or have a business name, use the exact name and address under which you’re registered.
Contact Information:
Amazon will use your contact information to send you to order notifications, guarantee claim notifications, payment details, updates, communication, etc.
Customers will use your customer contact information to reach out with questions about your orders.
“Ship From” Address:
There are times that might be different from your business address. This ideally helps customers in making their purchase decisions even though it does not affect the shipping time or cost for buyers.
Bank Account Information:
Your business bank account details need to be mentioned for all payments. This is done every 14 days directly into your bank account.
You would also need to provide your tax information and fill out the W-9 or W-8 form for the same.
As a sole proprietor, you can give in your social security number though if you have registered as a business, then the Employer Identification number would be required.
Shipping Options:
You would need to select your area of delivery, whether local, regional, or international. You would also need to highlight the areas where you can or want to provide expedited shipping.
2. LISTING YOUR PRODUCTS
There is no listing fee under this seller plan, so you can upload and change as many times as required.
Under the Amazon individual seller plan, you can list from up-to 20 categories that cover all major, fast-moving items, thus giving every business a chance to explore and sell products on amazon.
3. FINAL STEP
Once listed and live, customers can view products on your store immediately and you can review all orders received by monitoring the order management dashboard.
All the orders can be viewed and maintained at the Seller Central dashboard, where you can log in after your account set up.
Consider The following Steps While Selling Products On Amazon:
Selection Of Products:
The selection of products plays a key role here. Consider product which is high in demand, essential product, recent trend, low competition.
Choosing products is easy but ungating it from the restricted categories on amazon is quite difficult. Take expert advice from The Funnel Guru. The Funnel Guru was an expert in this field. The Funnel Guru will get you ungated from the restricted categories on amazon within 24 hours.
Pricing:
There are many sellers out there in the marketplace who are selling the same product. While selling products on amazon make the pricing competitive.
Manage Your Inventory:
While you would be starting out with smaller quantities, ensure that they are always available. You’ll need to check your inventory levels on Amazon regularly to make sure your products stay in stock.
Shipping:
If you can offer free shipping, then go ahead and do so. This would help you to stand out from the competition. If not then do maintain various shipping options.
Customer Service:
Customer feedback, reviews, answering their queries is a part of the customer service experience. You would need to use this opportunity which helps you to build your brand and stand out from the rest of the sellers.
Promote Your Products:
Amazon has more than 12 million products. To make people find your products you’ll need to do a little work.
Quality Product:
Your products are the only thing that shows who you are and stands out from the rest of others. Ensure you provide a good quality product to the customer which will increase your sales and profit.
At last,
If you had a thought of how selling on Amazon works, you can definitely sell on an individual seller account.
So now you clear about how to sell on amazon and what benefits you to sell as an individual seller right.
Start selling products on amazon and learn to know more about how selling on amazon benefits you.
Keep Practicing, Keep Earning, Keep Growing.
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