Amazon is one of the largest e-commerce platforms in the world, with a staggering revenue of $513 billion in 2022. It caters to over 300 million customers worldwide, making it an attractive choice for entrepreneurs.
Starting an e-commerce business on Amazon requires tools to help with sales and streamline operations. Amazon FBA is one such tool that automates order fulfilment and shipping services. Over 73% of Amazon sellers take advantage of FBA to sell their products. It is one of the many ways e-commerce owners figure out their marketing niche and online sales report.
If you want your business to grow, it is important to understand the benefits of Amazon FBA. Read on to learn how it can help your business and explore other Amazon FBA alternatives.
What are the benefits of Amazon FBA for sellers?
Amazon FBA allows sellers to focus on factors like customer acquisition and product development by taking care of storage, shipping, and customer service. Apart from this, there are some other benefits to using Amazon FBA and other FBA alternatives.
- Products sold via Amazon FBA are eligible for Amazon Prime’s two-day delivery and same-day delivery. This makes the products available to prime members, leading to more sales
- With FBA, Amazon provides the ‘Fulfilled by Amazon’ badge, which indicates that Amazon handles shipping, leading to increased visibility
- Without worrying about shipping, packing and other factors, business owners can focus on scalability and save time
- Amazon Global FBA Program and Multi-Channel Fulfillment will expand your business to a wider audience
How to Use Amazon FBA for Your E-Commerce Business?
If you’re wondering about how to start with Amazon FBA, here’s a step-by-step guide on how to use it.
Step 1: Choose Products That Will Sell
Choose your products carefully after assessing the competition on Amazon. Choose the most profitable products in order to avoid a stagnant inventory. Until you figure out what sells the best, make sure to stock a few items. Amazon FBA charges for storage and warehousing; this is why choosing selected items is critical.
Step 2: Find a Reliable Supplier
The next step involves finding a reliable supplier. This can be done by searching for suppliers at trade shows and online directories and asking around. Before making a choice, make sure you have done your research and met with multiple suppliers.
Step 3: Set Up an Amazon Seller Account
Setting up an Amazon seller account is important to add your products and set prices. Create an account and select a shipping method. It can be either fulfillment by Amazon (FBA) or fulfillment by merchant (FBM). You can also choose other FBA alternatives, like Shipyaari.
Step 4: Send Your Products to Amazon
Once you’ve decided on the products and suppliers, it is time to send the products to the Amazon fulfillment centers. Choose a centre that is closest to your location.
Step 5: List The Products on Amazon
Once your inventory is ready, start listing your products on Amazon. The product listing should be informative and accurate, with product titles and descriptions. Find a list of search terms that will help your target audience find the products. This is where SEO (search engine optimization) plays a big role.
Step 6: Promote Your Products Through Advertisement
Once you’ve listed all your production on Amazon, start promoting your business so that people can find you. Make use of Amazon’s advertising platform, social media, and other channels to bring in traffic.
Step 7: Provide High-quality Customer Service and Expand Your Business
Provide excellent customer service wherever needed and try to exceed customer expectations. Eventually, expand your business, work with manufacturers, and move towards inventing a new product.
Make the best use of Amazon FBA and FBA alternatives to get more out of online sales. With the information provided here, it should be easy to plan out profitable products and enjoy the benefits of an e-commerce business.
However, there are other Amazon FBA alternatives, like Shipyaari that offer a wide range of services. From order placement, warehousing and fulfillment, and Cash on Delivery transactions to shipment tracking, Shipyaari can take care of all your e-commerce business needs.