Can Anyone Sell On Amazon?
The answer is YES! Amazon is similar to other selling platforms, but few people know they can sell new and used items on Amazon.
You do not need to have created your own products. You can even sell unwanted gifts (if you want)!
Is it really that simple?…Yes!
Selling products online is a great way to start a business and make money online. You can do it in your spare time and it is easy to scale.
If you’re going to sell anywhere, why not take advantage of the huge amount of traffic already going to Amazon.
Fortunately for you, the Amazon market is massive…and growing. As people shift to shopping online for almost any type of product.
90% of UK consumers have shopped on Amazon, and 65% shop on Amazon at least monthly (I’m one of them)!
- There are about 15 million British shoppers subscribed to Amazon Prime.
- There are 21 Amazon FBA distribution centres in the UK.
- The industry reports show the company has more than 27,500 employees across the UK.
- Amazon was proclamed as the best company for customer service in the UK for the past decade.
Source: Statista
Amazon FBM vs FBA
Amazon offer two ways to sell on their platform; FBM & FBA.
The first is FBM (Fulfillment-by-Merchant).
This means that when you sell a product on Amazon. You need to package the item, then post to the buyer. Usually within a certain time frame using tracked mail.
You will be responsible for any customer service and issues the customer may have. For many, this can be daunting, but luckily, Amazon have made things easier with a service called FBA.
Amazon FBA
Amazon have a program called FBA (Fulfillment-by-Amazon).
With FBA, you send your products directly to Amazon’s warehouses. Amazon stores your products (inventory); and when someone purchases your product, Amazon then picks, packs and sends your product to the customer.
Apart from sending your items to a designated Amazon warehouse, they do the rest of the work.
Through the Amazon FBA program, Amazon also manages all customer support and any refunds.
There is a monthly fee for this service, but it is the number 1 way to avoid thousands of inventory items cluttering your house/office/spare room and it takes the stress out of dealing direct with customers.
Ways To Sell On Amazon
There are numerous ways to sell on Amazon including:
- Retail / Online Arbitrage
- Private Label
- Wholesale
- Dropshipping
- Handmade / Print on Demand
In time you may find that you sell using a couple of these methods, or even all of them.
However, each method has completely different strategies, so it is best to start with the easiest in order to build the foundations of your business.
If you’d like to find out more on which strategy is the best for beginners, check out the post HERE.
