How to Sell on Amazon: Step by Step Guide to Making Money Consistently and Build a Profitable Business with Amazon
By Owen Hill
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About this ebook
Do you want to invest in Amazon? Do you know the reasons to be a real investor in Amazon? Are you thinking like a real Amazon seller? Do you want to become a successful seller in Amazon?
There are many different ways to sell your product. We can try the old door-to-door salesman method, opening a store of our own or setting up an e-commerce website. Sadly, all these options require a lot of initial capital and are time-consuming. The best option is to sell on Amazon. It's very easy to get started, the traffic is already there, and you can start with just one product.
Amazon is one of the most visited websites in the world and is a great place to sell products. Marketing requires strategy and effort, so you don't lose your product in the myriad of other products available on the website.
Since putting together your own e-commerce website is difficult, we will use Amazon as our own website. You will get the chance to sell online even with only just one product, and you will always have the opportunity to add more items to your line up as you go on. This book will be devoted to providing a very detailed look at how to acquire sells in Amazon, as well as an introductory and advanced education on how to successfully invest in Amazon.
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How to Sell on Amazon - Owen Hill
HOW TO SELL ON AMAZON:
Step by Step Guide to Making Money Consistently and Build a Profitable Business With Amazon
By Owen Hill
Text Copyright © Owen Hill
All rights reserved. No part of this guide may be reproduced in any form without permission in writing from the publisher except in the case of brief quotations embodied in critical articles or reviews.
Legal & Disclaimer
The information contained in this book and its contents is not designed to replace or take the place of any form of medical or professional advice; and is not meant to replace the need for independent medical, financial, legal or other professional advice or services, as may be required. The content and information in this book has been provided for educational and entertainment purposes only.
The content and information contained in this book has been compiled from sources deemed reliable, and it is accurate to the best of the Author's knowledge, information and belief. However, the Author cannot guarantee its accuracy and validity and cannot be held liable for any errors and/or omissions. Further, changes are periodically made to this book as and when needed. Where appropriate and/or necessary, you must consult a professional (including but not limited to your doctor, attorney, financial advisor or such other professional advisor) before using any of the suggested remedies, techniques, or information in this book.
Upon using the contents and information contained in this book, you agree to hold harmless the Author from and against any damages, costs, and expenses, including any legal fees potentially resulting from the application of any of the information provided by this book. This disclaimer applies to any loss, damages or injury caused by the use and application, whether directly or indirectly, of any advice or information presented, whether for breach of contract, tort, negligence, personal injury, criminal intent, or under any other cause of action. You agree to accept all risks of using the information presented inside this book.
You agree that by continuing to read this book, where appropriate and/or necessary, you shall consult a professional (including but not limited to your doctor, attorney, or financial adviser or such other adviser as needed) before using any of the suggested remedies, techniques, or information in this book.
Introduction
There are many different ways to sell your product. We can try the old door-to-door salesman method, opening a store of our own or setting up an e-commerce website. Sadly, all these options require a lot of initial capital and are time-consuming. The best option would be, is to sell on Amazon. It's very easy to get started, the traffic is already there, and you can start with just one product.
Amazon is one of the most visited websites in the world and is a great place to sell products. Marketing requires strategy and effort, so you don't lose your product in the myriad of other products available on the website. Since putting together your own e-commerce website is difficult, we will use Amazon as our own website. You will get the chance to sell online even with only just one product, and you will always have the opportunity to add more items to your line up as you go on.
There a few aspects of Amazon to consider when selling a product. Firstly, when a buyer searches for a product such as Headphones
Amazon will take the customer to a page where all headphones available on the website can be seen. Meaning that if you are selling a product, that another 20 business are selling as well, then your chances of the buyer choosing your product are very low, especially if your product is expensive. There's a popular buy box
for sellers with the best prices and selling history that is highlighted for customers. If you just started selling a product then most likely you will not be within the buy box
lowering your chances of selling even more.
The best strategy to make a profit would be market a unique product or resell an item that is uniquely made by someone else. Based on experience it is always a bad idea to sell videos and music. Many of these products are usually obtained free online. Another thing to consider is the pricing you set for your products when using Amazon. There's a monthly fee from Amazon as well as shipping services. By setting a fair price for your product, you will ensure your profits won't be lost.
Even though we are using Amazon to sell our products, we can always advertise our products on other websites. It'll boost sales if we write descriptive content about our products because it will build trust and bring ease to potential buyers when they are considering your product. We can post our product details on Facebook or go further and manage a Blog about the product. This way, buyers won't use Amazon to search for your product but directly buy.
Another GREAT feature from selling with Amazon is the FBA (Fulfillment by Amazon) where they will take care of shipping and storage of your product. It is manageable dealing with 10 orders a day, but once your business grows then you will have to handle hundreds of orders, shipping, and possible returns. With FBA you can ship your products to an Amazon warehouse for storage, they ship your products to every individual customer, Amazon will cover all shipping and handling, and any returns or customer service is taken care of by Amazon as well. For the seller this means you can work while not doing much, you don't have to deal with the stress of returns, and no need to hire employees and you will be able to sell more of your product. You don't have to use FBA, but I highly recommend it.
We have two general types of markets: one with high competition and one with low competition. If you choose a product in a market that has high competition then making a profit will be difficult since buyers have many options to choose from. Picking a product from a not very competitive market will give you a better chance of making sales. However, there are usually a higher number of buyers inside a competitive market, but the sales are distributed among the competitors.