What It Takes To Get Started on Amazon FBA

Amazon FBA or Fulfillment By Amazon is a service that allows sellers to manage their customer orders, send on-time shipments, and offer consumers products with amazing promotions. If you’re a new business or new to selling on Amazon, you may be wondering how to get started. In this article, we’ll tell you everything you need to know about how to sell on Amazon and start making money fast.

Before You Get Started On Amazon FBA

To get started as a seller on FBA, start by deciding on a product, knowing that it’s often easier to sell something you are well versed in. Next, do some research on competing products, set a price range for your item(s), and find a unique way to market or bundle products to increase sales. Create a business plan with target consumers and a budget for both short and long-term goals, marketing, and operational business costs.

Choosing Your Product

You may know exactly what you want to sell, or find a product through your research. Once you have an idea, you’ll need a supplier for the inventory. There are a few ways to find a supplier, there are wholesalers on the internet, at trade shows, or through Amazon itself. Websites like Tundra or Alibaba have digital wholesalers and can help you find sources overseas, who you choose will be based on your budget and your preference as a seller.

Set Up Your Account

The next thing you need to do is set up your Sellers account on Amazon. There are two options of plans for sellers, Individual or Professional. Individual Plans don’t require a subscription, but sellers do by a fixed fee per item sale. With the Professional Plan, sellers pay a monthly subscription, regardless of how much or how little they sell. Choosing which is right depends on what you’re selling and how many products per month you plan to sell, less than 40 units per month should opt for the individual plan. Sellers should note that Amazon charges a sales commission on top of this regardless of the plan.

Label and Ship Your Items Appropriately

You will continue to manage the marketing, item descriptions and photos, price points, and general inventory. Sellers must use a GTIN or Global Trade Item Number like UPC, ISBN, or EAN to help listings stay consistent. Next, the FBA inventory needs to be labeled, packaged, and shipped to an Amazon facility. You also have the option to continue to maintain some sales as a “seller fulfilled”.

Alternative Options

You can also choose the Amazon drop shipping business model, where you won’t need to source or stock the inventory or make an upfront investment. With dropshipping, all you need is a third-party wholesaler or merchant with a product you think we’ll sell. Your job is to drive traffic and forward the orders to your supplier.
You’re now ready to get started on Amazon FBA, good luck!

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