What Is AMAZON?
Amazon is the largest product-selling platform in the world. Before starting a business on amazon you must know every aspect of amazon. There are different business methods on amazon and under those methods, amazon offers different selling services. FBA is one of the most convenient and hassle-free selling services.
What Is Amazon FBA?
If you want to know how to start amazon FBA for beginners just in 5 minutes, this is the right place for you. FBA stands for fulfillment by amazon. Simply create your account on amazon, and join the FBA service. You have to send your products to the amazon warehouse. After that amazon is responsible for packing, handling, shipping, refunding, and returns of your products. You must be consistent to boost your sale and maintain your stock on amazon. Amazon handles all your orders and charges a fee for all their services. FBA is a tension-free method that allows the seller to focus on the sale, product development, and marketing.
Amazon Customer Service?
Amazon offers customer service 24/7. All queries of customers of your products regarding shipping, return, or refund is immediately sorted out by amazon customer service.
What advantages of Starting AMAZON FBA?
- Fast Hassle-free Shipping.
In business, customer satisfaction is always the priority. Customer demands in-time delivery at the doorstep. Amazon is a large-scale business where you have to fulfill many orders at a time without any delay. Amazon professionally manages all this. Amazon FBA reduces the cost that you have to spend on hiring manpower to manage all this. You don’t need to panic about how to deliver and you are not answerable to your client for delayed delivery. This benefit increases your sale and you become a trustworthy seller
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2. Shipping Discounts.
The majority of customers ask for free shipping but most of the time not possible. Amazon is a major client of leading shipping carriers giving them business in millions that’s why shipping companies offer huge discounts to amazon which is offered to sellers of amazon. Even when you become a prime member of amazon you get free two days shipping which boosts your sale.
3.Return Management.
Sometimes the customer is not happy with the product, amazon allows him to return without causing you frustration. You have to pay for each return.
4. Customer Service.
As mentioned earlier amazon has customer service which causes you tension free about your customer's questions. This offer gives you the liberty to focus on product marketing and increase your sale
5 .Safe and Secure Storage Space.
The problems you face in your warehouse make you unhappy and you cannot focus on your work. Amazon FBA offers you unlimited storage space for your products and also takes care of them from weather changes. Amazon offers you safe and secure storage.
Amazon has warehouses throughout the world with a huge network of fulfillment centers that delivers the products in a short time. This reduces your delivery charges and delivery time. Customers trust amazon delivery time which you cannot manage individually.
Disadvantages of Starting Amazon FBA?
Cost.
This is the most important point to discuss. Before listing your product you should use a handy FBA calculator which can help you to find the exact cost of your product. Amazon charges for every service. This calculator will show you all fees and commission structure of amazon. Amazon's commission varies from product to product. Amazon FBA is not suitable for low-cost items. Amazon's cost calculator can help you to find out the cost of your product.
Return Policy.
Amazon has a return policy for all customers. More returns on your products are dangerous for your account health as well as your net profit.
Long-Term Storage Policy.
If your sale is not active as per amazon requirements, amazon will charge you an extra fee which will increase your cost and budget. Don’t forget you have to put extra effort into your sale. Amazon doesn’t encourage sellers with slow sales and long-term storage.
Warehouse Guidelines.
Amazon has strict warehouse guidelines. Before sending your products you have to follow the warehouse instructions for labeling, packing, etc. You cannot violate the rules instructed by amazon.
Sales Tax.
Sales tax varies from state to state. If the business operating state differs from the warehouse state then bit difficult to guess which sales tax will be applied. You must be careful to calculate the tax though amazon helps you to calculate the exact tax.
Amazon FBA Fee Payment.
Before paying you amazon is authorized to deduct all amazon fees with all charges then the remaining amount will be paid to your account. Sometimes your outstanding amount is not sufficient for the amazon fee then you have to pay further from your debit or credit card. Until you don’t pay the balance amount of amazon you are not allowed to operate your account for further sale.
Amazon Business Strategy.
There are some tricky steps you need to take for handsome sales and rank up your products on amazon FBA.
- Product hunting.
A single sharp decision can make you a millionaire. Try to find out a product that has low competition and maximum sales. We would recommend you low-cost products with a high margin of profit. You should have an open eye on your competitors and what they are offering to customers. You should have a better offer. Don’t depend on a single supplier. You should have more suppliers in your pipeline for better quality and consistent supply. Never compromise on quality.
2 .Social Media Channels.
Use social media channels frequently for product marketing. You can use paid ad campaigns on different platforms. Use a professional photographer for the photo shoot of the product. Some most important social media channels are,
; Face book
; Affiliate blogs
; E-mail groups
You will get a great number of customers in no time.
CONCLUSION.
How to start amazon FBA for beginners in just 5 minutes, after reading this blog don’t feel that you can start it easily. Now you have good knowledge about amazon even though before starting you have to ask some questions yourself.
; Are you dedicated?
; Are you determined?
; Are you devoted?
; Are you consistent?
These questions are more important than the knowledge you have gained. These are the qualities and abilities that play a key role in your success. Your hard work and devotion is the major factor that makes you successful in any field of life. If you have the above-mentioned qualities along with knowledge then nobody can stop you to become a millionaire.
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