Selling Products On Amazon Became EASY Once I Found This Information

TL;DR

Beginner's guide to Amazon selling, covering FBA, FBm, dropshipping, product research, and supplier sourcing.

Transcript

i wish that i had a video just like this one before i started selling on amazon many years ago because it would have sped up the process it would have allowed me to get to the point i was trying to get to a lot more quicker so if you're a beginner that's looking to start selling on amazon and you don't know where to begin you're not sure of what yo... Read More

Key Insights

• 💦 Understanding Amazon selling methods: FBA, FBM, and drop shipping offer different levels of control and cost structures.
• 😜 Importance of search result ranking: Amazon's prioritization of listings based on shipping speed can impact visibility and sales.
• 🔨 Product research tools: Tools like Jungle Scout aid in identifying profitable products based on price, reviews, sales, and opportunity scores.
• 🛟 Supplier sourcing: Alibaba serves as a popular platform for finding suppliers, with criteria such as longevity and verification being crucial.
• 👨‍🔬 Seller Fulfilled Prime: For FBM sellers, enrolling in Seller Fulfilled Prime can enhance shipping credibility and potentially improve search result rankings.
• 🚤 Considerations for successful selling: Balancing costs, control, shipping speed, and product quality are essential factors for successful Amazon selling.
• 😘 Emphasis on profit margins: Selecting products with viable profit margins, low competition, and high demand can lead to sustainable sales and growth.

Questions & Answers

Q: What are the main ways to sell on Amazon?

The three main ways to sell on Amazon are Fulfilled by Amazon (FBA), Fulfilled by Merchant (FBM), and drop shipping. FBA involves sending products to Amazon warehouses, while FBM requires merchants to handle shipping, and drop shipping involves listing products without prior purchase.

Q: What are the pros and cons of Amazon FBA?

A significant pro of Amazon FBA is prioritization in search results due to quick shipping by Amazon. However, a con is having to pay storage fees, varying based on product size and time of year, along with possible fees for damaged goods.

Q: How can Amazon FBM sellers improve their search result ranking?

Amazon FBM sellers can sign up for Seller Fulfilled Prime to showcase fast shipping, potentially boosting search result rankings. Despite facing a disadvantage in search results due to possible shipping delays, the Prime badge can enhance visibility.

Q: What is the process of finding a profitable product to sell on Amazon?

Utilizing Jungle Scout, sellers can filter products based on price, reviews, and sales to identify profitable opportunities. Researching product demand, competition, and opportunity scores can guide sellers in selecting profitable items.

Summary & Key Takeaways

• Explains three ways to sell on Amazon: FBA, FBM, and drop shipping.

• Discusses pros and cons of each method, focusing on costs, control, and search result ranking.

• Provides a step-by-step guide on finding a profitable product using Jungle Scout and sourcing from Alibaba.