Have you ever thought of starting your own web store? Ecommerce is a popular way to make money if you don’t have a lot of savings. Still, managing a web shop might not be as easy as you expect, namely because you’ll have to deal with shipping issues.
This business model is getting more and more popular because it allows you to manage your business without having to fulfill orders one by one.
Fulfillment by Amazon model
What does it take for a business to grow?
It’s high-quality products, of course; efficient promotion; good customer service… and logistics. The latter includes storage space, packaging materials, staff and so on. In theory, you could organize all this on your own, but why bother if you can delegate this task to Amazon?
Fulfillment by Amazon is a service that allows you to use the company’s distribution network and clientele. In simple words, you can store your products at Amazon’s warehouses from where they will be sent to customers whenever required.
It means that your clients can get their goods within 2-5 days after placing an order.
Find niche and use FBA
To start your business with Amazon, you must first decide what to sell. Remember that you will have to compete with other sellers both on Amazon and on other resources. So finding a high-potential niche is very important.
It is best to choose the category you really like since doing something you enjoy will inspire you to try harder and do better. But don’t neglect analyses as well. To make sure your niche has a potential, do an Amazon product research.
A niche can be considered a good one if it’s popular among customers and you can beat other sellers’ prices. Another way to beat competitors is to offer goods of better quality.
After making up your mind, create a seller account on Amazon. Find ‘Make money with us’ section in the footer of the website and click ‘Sell on Amazon’. After that you can register either as individual or as professional. The latter option will cost you a monthly fee of $39.99 but offers long-term benefits. Then you can sign up for FBA.
What to expect
Some people manage to earn $40,000 a month on Fulfillment by Amazon service. It doesn’t mean you can make as much as this. Starting a business with Amazon isn’t risk free. But trying to establish an ecommerce store on your own is just as risky but more difficult. So consider FBA as way to simplify your job.