Why do we need to sell on Amazon?

Why do we need to sell on Amazon?

When we plan to start business at small or big level, we need to considered many things like shop / store location, utilities, and budget for that business. May also need to get trade license or permission from local government bodies depending on the location based requirement. It also takes times to decide what to sell and where to sell.?With the e-commerce ?it is very easy to start business online. There are many ecommerce websites which offer selling on their plat farms like Amazon, eBay, Walmart, Craigslist, Target, Etsy etc. Why people use Amazon?

Here are the top reasons I see to consider Amazon as a selling platform:

? Enormous traffic —?Hundreds of thousands people go to Amazon website?when they’re looking to buy something. You can sell products without any real marketing in many cases. You can start selling from individual account to business. ??

?? Brand recognition —?People trust Amazon, but many are wary of buying from other sites that they’ve never used before.

?? Don’t need a website —?while you?can?also have a website in addition to selling on Amazon, you can start a business selling only through Amazon with no website of your own.

?? Scalable —?Amazon can easily handle spikes in traffic and changes in inventory levels. They can even handle fulfillment if you use?Fulfillment By Amazon (FBA).

?? Fraud protection —?Amazon takes cares of accepting payments and has great fraud protection. One less headache for you to worry about.

Amazon has different types / models for sellers. Anyone can choose as per his/her requirement and budget. There are many Americans who are enjoying good life with the help of side business. Before the ecommerce, employees were focus on their jobs and switching their jobs for some more benefits. Everyone can get the some knowhow about the ecommerce and start self-selling on Amazon.

SELLER MODELS / TYPES :

Retail Arbitrage / Online Arbitrage is the concept of buying something, and reselling it for more. For this type of business, sellers need to visit different retailer shop or mall or even search online and find the winning products which give the profit. Profit margin is varying for case to case. ????

Drawback of Arbitrage, it is short time business. You may not get again the same product stock or same price or same quality. ???

Reselling Wholesale Items is similar to Arbitrage but the difference is search the manufacturer and gets the item (s) in bulk quantity. When you get items from manufacturers, that items are much cheaper than retailer. ?Wholesale needs huge amount to invest. For this model you may also find distributor, and get lower quantity than purchasing from manufacturers. ?Distributor price is much lower than retailer but higher than manufacturer. Profit Margins 10-25% vary from source to source or product price.

However in start Arbitrage model can be used then move for wholesale model.

Drawback of Wholesale Selling, Sometimes there are many sellers available for the same items. You need to check other seller strategy for price and stock, and history of product. ??????

Getting stock in bulk may be risky, and sometimes you may not get good sale and manufacturer / distributor may not return the stock and refund. ?

Private Label selling is identical to wholesale reselling. In Private Label, you got the manufacturer of required item and ask him to customize the product and put your brand name on order items. With the passage of time, your brand is recognized and your sale is increased day by day. This model has more profits than other models, sometimes +50% or much higher profit.

Drawback of Private Label, every manufacturer is not agreed to customize your product / put your brand name. For this purpose, you may source globally. Private Label items also need to check patent rights before launch and trademark registration. Sometimes you may face legal issue from other registered seller who has patent rights of same item. ?????

For this model (Private Label), you need more money than arbitrage and wholesale. Important thing is required planning, money, risk and patience.

PS: ?For the Wholesale Reselling and Private Label, you may need services of Professional Virtual Assistant.

If you have any query or need services, please contact .

ANSER ?AYUB ?DAR

Email : [email protected] ???