Browsing: Amazon

E-commerce underwent a rapid transformation in 2020 due to the pandemic. Consumers started to shift their shopping habits, and more people began purchasing online. Now that online shopping has become a norm, entrepreneurs realize how lucrative selling products online can be. And in the wake of this new “online selling” revolution, two major eCommerce platforms rose to prominence. Amazon or eBay became an obvious choice for many aspiring entrepreneurs. Although Amazon and eBay aren’t the only options available to sellers, there is no question that they are the most popular. Amazon is known as the largest online retail platform. On…

If you’ve decided to start selling on Amazon, then congratulations! This marketplace is the most popular e-commerce platform of our time. As a result, running a business there can be lucrative. Selling on a platform used by over 300 million consumers will help you reach a larger audience and increase sales. As a new seller, your journey begins with and revolves around Seller Central. You will perform many of the tasks involved in running your business on this platform. This Amazon vendor portal can be confusing for newbie sellers, so you must understand how to navigate it. This platform looks…

As an entrepreneur, one of the most important steps you must take before starting a business is understanding your business costs. When starting a brick-and-mortar business, paying little attention to your business numbers can be detrimental. The same thing applies to starting an FBA business. If you want to earn a lot of profit while selling on FBA, you have to familiarize yourself with the different Amazon FBA fees. Knowing your Amazon fees is important because it allows you to assess whether your store is profitable or not. Even if you’re constantly sold out, if your overhead and Amazon FBA…

Selling products online, especially on Amazon, is a lucrative business venture. With a large customer base of over 300 million active customers (almost 150 million of which are Prime customers), the marketplace is certainly one of the best places to sell your goods (Source: Amazon). However, choosing the right products to sell will largely determine how much money you’ll make. That’s why it’s important for new sellers to know what the best selling products are. By looking at the bestselling products on Amazon and analyzing the reasons for their great performance, you can get a good idea of what to…

Did you come upon this article because you heard that many sellers are making money on Amazon? Then you are just in the perfect spot. To sell on Amazon, you will have to choose a selling plan or create a seller account. In this post, we’ll be looking to discuss the differences between a professional and an individual selling plan or seller account on Amazon. With almost 300 million registered customers, this website is probably one of the biggest e-commerce sites in the world. If you are a third-party seller, it only makes sense that you try to get a…

Nothing stays the same for too long on Amazon, and that includes product prices. If you’re familiar with the Amazon marketplace, whether as a buyer or a seller, then you’re aware of the fact that prices are always fluctuating. However, there are a few Amazon price trackers that can help you keep track of price changes. This way, you won’t have to keep refreshing product detail pages for pricing updates. Moreover, the competition on Amazon is stiff. One of the best ways to outrank your competitors is to track Amazon prices and reprice regularly. To do this, you must follow…

Q4 is arriving (hohoho)! Am I the only one excited? I know it’s still July and the holiday season is still months away but as Amazon sellers, we need to make sure we’re fully prepared. As the saying goes, It is better to look ahead and prepare than to look back and regret. You see, it has been proven time and time again that prepping for Q4 as early as July will bring more profits to your Amazon store once the biggest selling season of the year kicks in. Why? Because inventory preparation doesn’t happen overnight. It takes MONTHS especially…

Selling wholesale on Amazon’s marketplace is undoubtedly one of the most lucrative ways to make money online in 2021. With the increasing popularity of online shopping, more small- and medium-sized businesses are migrating to eCommerce platforms. Regular individuals are also turning to it as another stream of income. The numbers don’t lie: over 55% of paid units sold on the website came from third-party sellers (Source: Statista, 2021). Chances are you’ve thought about selling on Amazon too. But with the high costs associated with starting a private label, you probably got discouraged and tossed your ambitions aside. Thus, becoming an…

Amazon is the world’s largest online marketplace and a leader in online sales. So, when people want to start online businesses, they consider this platform first. Anyone can certainly start an AMZ business, but to be successful and generate sales, you must learn how to sell on Amazon with your new or existing amazon seller account. This giant eCommerce platform has over 300 million customers, over 2 million sellers, and a 50% stake in the eCommerce market. And that’s why selling there is a great business venture. Here are some interesting statistics: Third-party sellers make up more than 50% of…

Amazon is not just the largest online marketplace in the world. It also presents multiple opportunities for entrepreneurs to make a living online. Selling private label products on Amazon is one of the many ways to make money on the website. If you are an individual seller who wants to start your own brand, selling private-label products is the way to go. What Are Private-Label Products on Amazon? Do you want to sell a generic product with your logo, name, and brand on it? Do you want to become one of the successful Amazon brands that have a huge following…