Post by Ismail AbdulAzeez on Mar 20, 2021 22:54:52 GMT 1
This No-Nonsense guide will reveal to you the secrets that people have been using to make it big in Amazon Dropshipping Business.
A lot of entrepreneurs are interested in trying Amazon Dropshipping business, the reason is very clear; in 2019, the company had over 300 million active users; and more than $280 billion in sales. If you want to make it in ecommerce business, Amazon is the place to start.
The question now is, how does Amazon Dropshipping business work? And how can you tap into it, and turn it into a profitable business venture this 2021?
In this guide I will walk you through Dropshipping with Amazon, the secrets of making it profitable, and the top Dropshipping tools you need to start selling today.
To start with, for you to start Dropshipping with Amazon you will have to follow some rules:
You must identify yourself as the seller on your packing slips, invoices, and other information in connection with your products.
Always remove any information that identifies the third party seller before shipping the order. These include invoices, external packaging, and packing slips.
Stay responsible for accepting and processing returns.
Follow all terms of your seller agreement and Amazon policies.
Always make yourself the seller of record for products.
What is the cost of Dropshipping on Amazon?
Their fees vary according to product type, but usually in the 10% - !5% range. So you have to work with products of good margins in order to cover such costs, smaller margin products will not allow you make much as the fees will take off a good chunk of your profit.
You also need to choose a selling plan, third party sellers can sell in Amazon stores by signing up for the professional plan or the individual plan. With the individual plan, sellers pay a fee for each unit they sell. But with the professional plan, sellers pay one flat fee per month no matter how many products they sell. We will look at the advantages and dis advantages of each plan and advise you on the best way to follow.
What are the advantages of selling on Amazon?
There is something I need to let you know if you are dropshipping from Nigeria; Amazon buys product in bulk from mostly European suppliers, it then holds everything in warehouses until it is ready to ship. So whether you are a new seller or a seasoned professional in Amazon dropshipping business, you can sell high quality products at scale to an international audience.
Amazon also has what is called Fulfillment by Amazon; this is offered at their fulfillment centers. It allows you to complement drop shipped items with products of your own without having to deal with packaging, shipping or warehousing. This is referred to as Zero Cost Warehousing.
More Opportunities for discoverability:
Amazon has over 30 categories of products that you can choose from. You can also sell in as many different dropshipping niches as you want. This will help you easily achieve super-targeted markets with the right dropshipping suppliers and products.
What of disadvantages?
A major disadvantage working with Amazon is that they can see all your sales data; they can know what you sold and the products doing the best.
It has been argued that Amazon is more interested in helping businesses sell their products than developing long-term customer relationships.
Everything you do in terms of branding must be at the control of Amazon.
Upfront Investment:
In order to meet Amazon’s fulfillment requirements, you will want to have products from the supplier in your inventory. This means you need to invest money upfront in order to start dropshipping on Amazon.
Amazon is a known brand all over the world, that name alone sells your product for your, do not crack your head too much, Amazon has done most of the works for you.
We will still be talking about how to start listing your products and other important issues in our next articles. Stay with us.
A lot of entrepreneurs are interested in trying Amazon Dropshipping business, the reason is very clear; in 2019, the company had over 300 million active users; and more than $280 billion in sales. If you want to make it in ecommerce business, Amazon is the place to start.
The question now is, how does Amazon Dropshipping business work? And how can you tap into it, and turn it into a profitable business venture this 2021?
In this guide I will walk you through Dropshipping with Amazon, the secrets of making it profitable, and the top Dropshipping tools you need to start selling today.
To start with, for you to start Dropshipping with Amazon you will have to follow some rules:
You must identify yourself as the seller on your packing slips, invoices, and other information in connection with your products.
Always remove any information that identifies the third party seller before shipping the order. These include invoices, external packaging, and packing slips.
Stay responsible for accepting and processing returns.
Follow all terms of your seller agreement and Amazon policies.
Always make yourself the seller of record for products.
What is the cost of Dropshipping on Amazon?
Their fees vary according to product type, but usually in the 10% - !5% range. So you have to work with products of good margins in order to cover such costs, smaller margin products will not allow you make much as the fees will take off a good chunk of your profit.
You also need to choose a selling plan, third party sellers can sell in Amazon stores by signing up for the professional plan or the individual plan. With the individual plan, sellers pay a fee for each unit they sell. But with the professional plan, sellers pay one flat fee per month no matter how many products they sell. We will look at the advantages and dis advantages of each plan and advise you on the best way to follow.
What are the advantages of selling on Amazon?
There is something I need to let you know if you are dropshipping from Nigeria; Amazon buys product in bulk from mostly European suppliers, it then holds everything in warehouses until it is ready to ship. So whether you are a new seller or a seasoned professional in Amazon dropshipping business, you can sell high quality products at scale to an international audience.
Amazon also has what is called Fulfillment by Amazon; this is offered at their fulfillment centers. It allows you to complement drop shipped items with products of your own without having to deal with packaging, shipping or warehousing. This is referred to as Zero Cost Warehousing.
More Opportunities for discoverability:
Amazon has over 30 categories of products that you can choose from. You can also sell in as many different dropshipping niches as you want. This will help you easily achieve super-targeted markets with the right dropshipping suppliers and products.
What of disadvantages?
A major disadvantage working with Amazon is that they can see all your sales data; they can know what you sold and the products doing the best.
It has been argued that Amazon is more interested in helping businesses sell their products than developing long-term customer relationships.
Everything you do in terms of branding must be at the control of Amazon.
Upfront Investment:
In order to meet Amazon’s fulfillment requirements, you will want to have products from the supplier in your inventory. This means you need to invest money upfront in order to start dropshipping on Amazon.
Amazon is a known brand all over the world, that name alone sells your product for your, do not crack your head too much, Amazon has done most of the works for you.
We will still be talking about how to start listing your products and other important issues in our next articles. Stay with us.