How to make money on Amazon: a step by step guide

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2018-03-19 04:25:49

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Many aspiring entrepreneurs doing business in the format of online sales using the interfaces of popular online stores — such as, in particular, “Amazon”. What opportunities does the portal users? What can be an effective sales strategy to “Amazon”?

How to make money on "Amazon"

An overview of “Amazon”

The Project Amazon.com is one of the world's largest online stores. It was founded by American entrepreneurs, but now in many countries of the world famous brand “Amazon”. How much can you earn by selling items using this site — the question being asked by both experienced and novice entrepreneurs. Answer it uniquely difficult, however, this platform has a number of advantages, allowing to make a successful business.

The Main feature of the online store “Amazon” is that to sell products it can be anyone. The online interfaces of this portal are used as:

- a showcase, a platform for placing information about goods, their classification in different categories;

- a tool for communication between buyers and sellers;

- a tool of settlement.

With this functionality, users of the Internet have the opportunity to earn online. They can resell the goods and to sell those that are made by them. The pricing policy of the seller with the “Amazon” is also determined by him: “dumping” or, conversely, to increase, in certain cases, the price of the product.

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Thus, to profit from sales at “Amazon” it is possible, using a variety of strategies. In turn, the service itself earns a small Commission from the deals between sellers and buyers. In addition, many goods are sold directly from “Amazon” as an independent trade relations.

In General, buyers and sellers amazon.com may enter into transactions in all States. But in some cases, the rules of the company “Amazon” restrictions are imposed on the turnover of certain categories of goods. So, wondering is it possible to make money on “Amazon” (user reviews this portal are presented in a thematic resources can confirm this), you need to know in advance whether there are similar restrictions on those products which will be sold by the reporting platform.

Now let's Review how the functionality of the online store in question may be operated in order to earnings on sales.

How to make money on "Amazon" reviews

Functionality of “Amazon”:

The First thing a person who thinks about how to make money on “Amazon”, it is necessary to register on the portal. To do this, go to the website of the Internet store after which choose the option of Your Seller Account (provided that the original English version of the portal).

Next step — updates data about the seller. Select Start Selling (“start”) after — item Individual Sellers (“seller as a private person”, again, we agree that we are talking about a sales organization natural person). It may be noted that one of the benefits of an individual trade on “Amazon” is the lack of many commissions on transactions, while legal persons are in most cases obliged to pay the various fees. So thinking through a strategy on how to earn “Amazon” from scratch, it is useful to note the appropriate nuance of use of the platform in question.

After the seller has selected the appropriate status of the participant of trade relations, it is necessary to enter basic information about yourself, and to specify data on the payment instruments they wish to use (in particular, in order to refund customers in cases specified in the rules of the online store).

To complete registration, the seller should make an automated call to your phone: you must enter a room, wait for the call and listen to the 4-digit code that you then specify in the appropriate form of the website. After registration you can start earning money. “Amazon” offers for these purposes are quite comfortable and functional interfaces — consider the features of their use.

Functionality of “Amazon”: how to start selling products?

In order to start selling, you need to log in to a registered account in the online store. After — choose the category that matches the product that is to be sold. For these purposes, you can use search for the relevant items using keywords. If a person thinks about how to earn money selling books on “Amazon”, it makes sense to find a product on a certain topic by ISBN, of course, if a person is not going to sell their own books, which, of course, can also be implemented using interfaces, see the Internet store.

After the optimal item, click Sell yours here (“Selling your own product"). Then you need to specify the main characteristics of the product, describe its state, appearance. It is useful to reflect information about the presence of packaging instructions and various accessories. Then you can set the price of the goods. Her, as we noted above, the person's discretion.

Makes sense, of course, to focus on the price of the same commodity. There are many strategies on how to earn “Amazon” by reducing the selling cost of the goods or, on the contrary, competent overstatement. The choice of a particular approach depends on many factors: product category, market, the distance between the seller and the buyer, the novelty of the product, demand of the product in a particular market. After seller has determined the optimal price, you need to specify in the appropriate form the quantity of goods sold.

The Next important point — the choice of method of delivery of the product in certain regions. In case if a person only starts a business on the “Amazon”, it makes sense to limit the territory of the state, and also nearby to him and probably use similar transport and logistics infrastructure. Having the knowledge on how to operate certain channels of delivery of goods, the seller will be able, primarily, to calculate the dynamics of sales. Knowing how soon a product will be delivered to the buyer, can plan future sales.

The Successful solution of the problem "how to make money on “Amazon” without attachments budding entrepreneur" depends largely on just the same, his ability to plan sales. After the marked terms of trade are determined by the seller, you can confirm your insertion on the virtual showcase. The next task of an entrepreneur — taking orders from customers and making delivery of the goods. Consider how it can be resolved.

Can you earn "Amazon"

Functionality of “Amazon”: the clearance for the seller

To check whether there are any orders for merchandise, the seller must log into your account, and then choose the option Manage Your Orders (“Managing their own orders”). If orders are available, you should apply for a parcel. For this it is necessary to enter the field Order Detail (“Parts orders”), which specifies the sending method. After you want to print a cover sheet that contains the information about the product, but also about the buyer. It must be attached to the packaged product.

You can then send the product in a way that is defined in the order form — often through the state postal service. Once the parcel sent, you must confirm this in control panel sales “Amazon” (optional Confirm shipment). After the shipment is confirmed, the seller can obtain the funds on your account.

There are a number of nuances in the management of merchant interfaces “Amazon”. From the point of view of solving the problem — how to make money on “Amazon”, they need to be taken into account.

Manage seller account: nuances

The Basic options available to the seller at the interfaces of the considered store:

- displaying goods for sale (Current Inventory);

- display a list of orders (Orders);

- a reflection of the paid orders (Payments);

personal data of the seller (Seller account).

If the user needs information about a specific order, you can find them, utilizing a special search string. If any of the goods sold, the confirmation about it comes to e-mail entrepreneur. Using a variety of control modules seller account, you can view information about the user rating. It is also possible to study reviews from clients.

How effective the business to “Amazon”, can earn a lot, depends on the relevant indicators. ...


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BE: https://www.tostpost.com/be/b-znes/1082-yak-zarab-c-na-amazone-pakrokavaya-nstrukcyya.html

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ZH: https://www.tostpost.com/zh/business/647-how-to-make-money-on-amazon-a-step-by-step-guide.html






Alin Trodden - author of the article, editor
"Hi, I'm Alin Trodden. I write texts, read books, and look for impressions. And I'm not bad at telling you about it. I am always happy to participate in interesting projects."

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