Do you want to sell on Amazon but don’t know where to start? Amazon offers an incredible marketplace for entrepreneurs to build a fully functional online store from the comfort of their homes. It has evolved into one of the best ways to earn income online. But, what’s Amazon FBA? There are over 2.5 million retailers actively selling on Amazon worldwide and 66 percent of the top 10,000 sellers use FBA. The Amazon FBA is a program that allows users to automate order fulfillment by leveraging Amazon’s advanced shipping and fulfillment services. It helps earn more sales, especially from Amazon’s popular Prime customers. If this is the first you have heard of Amazon FBA, don’t worry! Nine University
is here to help you understand how it works and provide you with practical steps that are tailored to selling on Amazon.
Amazon is popular for its 2-day free shipping through Amazon Prime. After all, isn't it great to order something online and get it delivered to your doorstep in just 2 days? Free 2-day shipping is now the standard for all online businesses. That’s the reason why you should use Amazon FBA. Amazon FBA is a cost-efficient way to sell your products online. Though you have to pay a fee to use the FBA services, you can be assured your package arrives in-time at your consumers’ doorstep.
Let’s take a look at how Amazon FBA works.
1. First, Amazon sellers like you send your products to Amazon where they are stored in a fulfillment center.
2. Your products are then inventoried and sorted at the warehouses. If on the off-chance that your products get damaged at the warehouse, Amazon will reimburse the full retail price for damaged goods.
3. When a consumer places an order on Amazon for a product you are selling, Amazon handles the transaction for you and the entire process is automated.
4. People (or even robots) at Amazon pick your product from the shelves, pack it into a box, and ship it to the customer on your behalf.
5. Once your product reaches the customer , Amazon follows up with them to ensure everything went as planned. If there are any issues, Amazon automatically takes care of it.
As an Amazon seller, you aren’t devoid of responsibilities. When selling with Amazon, your duties include the following.
1. Amazon handles all the back-end work but you decide what products to sell.
2. They will notify you when your inventory runs low. It’s your job to stock up the things you sell.
3. Amazon is a huge catalog that features thousands and millions of products. Hence, it is important that you promote and advertise your offerings. Make sure people find your products when they search on Amazon.
Selling on Amazon FBA is pretty simple. You are selling the products you already own, maybe unwanted items you have laying around the house. So, you can almost do it for free. Here are two types of accounts you should know about: Individual Seller Account and Professional Seller Account.
Seller accounts for individuals are free to create but have higher sales fees. Professional accounts are charged a monthly subscription fee of $39.95 but have lowersales fees. A professional account is best for people who plan to sell more than 40 items per month. If you wish to start slow with a few items, an individual account will be a better option.
Additionally, Amazon also charges a fee for its services after a sale has been made. This includes a 15 percent referral fee, shipping and handling costs if you use Amazon FBA service, and an inventory fee.
Amazon FBA can be life-changing. Whether your goal is financial freedom, a 4-hour workweek, or the ability to build your empire, it will help you succeed. At Project Nine University
, we act as your resources for 100% legit consulting services to help you find your way through Amazon FBA. Our guide and review videos and expert blogs will help you learn more about the world of Amazon selling. Watch
how we helped and made it easy for Garrett Haycock to kickstart his Amazon FBA business.
Wherever you are in your Amazon FBA journey right now... from not even started, to deep into selling product, we can help you get to the next level.
Start by watching our FREE 20 Minute Amazon Training: