Become a seller on Amazon is among the most lucrative opportunities right now in the market. Young and old businesses have realized that to grow their business, they need Amazon on their side. But like many current sellers on Amazon have come to understand, it’s not that easy of a money-making scheme.
Just like starting your business, in general, it wasn’t easy; you’ll have to work hard to become a good seller on Amazon. But before that, you need to know how to become a seller on Amazon.
1. A product to sell on Amazon
Narrowing down a product to sell is not an easy task. It would help if you researched what will click with the buyers and will play a massive role in turning your business into success on Amazon. In case you’re starting as a fresh business person, you need to keep these things in mind. What kind of seller you want to become on Amazon is essential.
Each business model has its perks, but it ultimately comes down to you on what you want to become.
2. An Amazon Account
After narrowing down the product you want to sell, and what kind of business model you want, you’ll need to make an Amazon seller account. The necessary information that you’ll need to fill the Amazon seller account form is:
Business name and address
EIN or SSN
After filling this form, the page will ask you what type of account you want, an individual, or a professional.
An individual account gives you access to 20 product categories but restricts you to 40 items sold per month (maximum).
A professional account, on the other hand, gives you access to 30 product categories, and if approved by Amazon, eligible to sell in other restricted categories.
3. Selecting Fulfillment method
The fulfillment method means who’ll take the responsibilities of storage, pickup, packaging, and ship[ping products to buyers. There are two methods:
Fulfillment by Amazon (FBA): You send your product to Amazon, and they take care of everything. An easy method for new sellers.
Fulfillment by Merchant (FBM): You are responsible for storage, delivery, and late, missing, or damaged products.
4. Amazon Listing
After you’ve gone all through the above steps, you can now log into Seller Control and start your product listing. Be careful while filling this form as what you enter here will be visible to buyers on Amazon’s website.
The significant parts of the product listing are:
5. List optimization
Once you’ve done your listing and prepared your inventory and decided on the payment method, it’s time to attract buyers. For this, you’ll need a certain level of search engine optimization (SEO). Through specific keyword usage, you can focus a buyer’s attention to your product.
These were the significant step to begin your journey as an Amazon seller. Keep track of your inventory and respond to buyer’s queries. After opening your account, you’ll need to know how to boost product sales on Amazon and how to improve sales rank on Amazon? Amazon marketplace is big battleground hundreds of competitors, so prepare yourself to dive in.