Talking about Amazon is talking about an innovative and successful business model . We refer to the data: Amazon made record profits in 2018, earning more than ten billion dollars in net income, seven billion more than the previous year.
Another interesting fact is that the company had barely recorded any significant profits until 2016. What is the secret? Probably the insistence and belief of its creator in the idea and… in a renewed business model in which everyone can sell products on Amazon.
In fact, there are over two million people selling on Amazon . You can sell on Amazon yourself!
Amazon offers several alternatives for you to sell your products and take advantage of its benefits and visibility. The latest big trend is Amazon FBA.
Let's talk about it and try to explain what this new modality consists of and whether it is a viable and profitable alternative.
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What is Amazon FBA?
FBA or “Fulfillment By Amazon” is the system that Amazon makes available to its sellers offering the following services:
How does Amazon FBA work?
By this point, you know that most of the work is done by Amazon and the seller only has to ship the products to Amazon. So, you could say that the seller acts as a supplier of products to Amazon.
But before we start talking whatsapp australia about the functional methodology of Amazon FBA, let's go to the initial and fundamental step to become part of this system: registering as a seller.
Register as a seller on Amazon
It is worth remembering that there are two categories of sellers on Amazon: Individual and Pro . The Pro version is the best plan for sellers with a sales volume of more than 40 products per month (it has a monthly cost, which we will see later).
We register on the Seller Central platform , here you must be as specific and careful as possible, both in the information and in the listings of your products (quality photos, description, etc.).
Obviously, you will not be the only seller, so it is essential to carry out this step with maximum effort and care, as it is one of the great competitive advantages we will have to achieve the highest possible performance.
In other words, the seller will only have to send the products to Amazon and the e-commerce giant will take care of the rest . Interesting? At first glance, it seems like a solution that makes the seller's job much simpler. Let's delve a little deeper into the intricacies of how Amazon FBA works.
What is Amazon FBA and how does it work?
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