Hacking Amazon: How to Sell on Amazon

CoinExpert

CoinExpert

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Amazon is the number one retail website in the America. Amazon has around 184 million unique visits per month. According to recent reports, joining the Amazon marketplace gives merchants 50% increase in sales.

Merchanting of Goods from China can Bring you $1,000 a Month

One of the best way to earn a decent profit is importing products from China and reselling them on Amazon. To get started, you need to find profitable items. Don’t import and sale electronics because the chances of people buying them from Amazon are pretty slim. Look for products that are lightweight (save on shipping fees) and cost somewhere between $10 and $200.
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Once you've selected the product you need to choose a vendor. Alibaba is the best solution for contacting Chinese suppliers. Use Alibaba to send out messages to all the suppliers who fit your criteria, and make sure to only work with Alibaba Gold Suppliers, as they are more trustworthy from being vetted by Alibaba. So, with products and list of suppliers you can get down to business.

How to sell on Amazon

To earn money on Amazon selling you have to take the following steps:


  • Set up a New Email Account: I recommend setting up a separate email account to handle all things related to your Amazon business. Choose an ID that is similar to the name of your Amazon store.
  • Set up Buyer Accounts: Open new accounts on stores like Alibaba, AliExpress or DHGate. These will be some of the resources for finding wholesale products (more about it later.)
  • Create Your Amazon Seller’s Account: Head over to Amazon and set up your account. I recommend you go with the free individual Seller Plan for now. You can upgrade to the Paid Professional Plan later when you start making money. Make sure you add all the necessary information, such as your business name, your legal name and address, and your telephone number to get your account ready to sell.
  • Set up Your Seller Profile: Once your account is up and running, you’ll want to make your profile as trustworthy as possible. Complete the “About” section to introduce prospects to your business, add a logo, and create a “Return and Refund Policy.”
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Advantages of Amazon for merchants:
  • 3 million shipments every day;
  • Goods from Amazon are delivered to 185 countries of the world;
  • 40% of Amazon users in the US (244 million active accounts) make 1-2 purchases per month, another 20% users — at least once a month;
  • 45% of buyers are willing to spend from $ 100-500 per order, and 80% of buyers choose Amazon looking for free shipping.
  • In 2017, the Amazon website ranked 7th in traffic.


Amazon Fulfillment Networks (FBA)


Amazon has one of the most advanced fulfillment networks in the world. With Fulfillment by Amazon (FBA) you can sell your products on Amazon without being a US citizen. FBA can help you scale your business and reach more customers.

For sellers participating in the FBA program, Amazon provides its warehouses and additional services. The details are as follows:
  • Choose items & suppliers in China and send the goods directly to the US at the Amazon warehouse.
  • Amazon delivers the product to the buyer, and you get your money.
Benefits for merchant:

  • You need not invest in warehouses and offices.
  • You get an excellent service from Amazon (delivery in the USA 1-2 days).
  • Profit in foreign currency.
  • You are insured against customs issues as the goods are supplying directly -- from Chinese supplier to US-based Amazon's warehouse.

All you need to start your business in the US market are:

  1. Correctly choose a niche and supplier;
  2. Create your own private label;
  3. Deliver your goods to the Amazon FBA warehouse;
  4. Register the products in the system, arrange the page properly;
  5. Manage marketing by using Amazon's tools.

Selling on Amazon does not require company registration in the US and can be conducted online from anywhere in the world.


As in any business, there are a lot of nuances in sales on Amazon. For example, the most important step is to select a product. Apart from the fact that the product you sell must satisfy a number of criteria (retail price, weight, size, rating on Amazon, etc.), you must also understand the needs of the American market, which can be very specific and unexpected for merchants.

Have you ever heard about silicone wedding rings? This product is now selling very well on Amazon. A ring from hypoallergenic silicone is a substitute for engagement ring during sports or any dirty work (in a workshop, locksmith work, etc.). Now such products are in the trend, the sale of such lots allows you to generate a turnover of $ 2000 to $ 27,000 per month, which is very good for the start.
 
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Carly Swinson

Carly Swinson

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Nice detailed analysis CoinExpert. I would go straight for this business after reading your post if i had enough investment. Thanks for sharing it though :)
 
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