Did you know that Amazon is not the seller of everything on Amazon? Did you know that ordinary people like you and me can sell physical products on Amazon? This opportunity has been around for a while, but it is becoming very popular right now due to the educational courses that are popping up everywhere.
There are three ways to sell physical products on Amazon: sell other people’s products on Amazon and ship the orders yourself; sell other people’s products on Amazon and let Amazon ship and sell your own products on Amazon and let Amazon ship them. The first way is called a fulfilled merchant. You list your merchandise on the Amazon website, but you actually fulfill or ship the orders yourself. The last two ways are called Fulfillment by Amazon.
Satisfied merchant may be the easiest and least expensive way to get started, but it’s a lot more work. You list your products on the Amazon site. When the products are purchased, you are responsible for shipping them to the buyer. You can even sell things you have around the house using this method.
You can also use Fulfillment by Amazon to sell other people’s products. In this case, you go to the store and find things that are already selling on Amazon, buy them, put your own unique UPC label on the product, pack it, create the listing, send it to an Amazon warehouse, and wait for the buyer. . . There are smartphone apps that you can use to scan products before you buy them to help you determine if you can make a profit. If you like to shop, you are good at finding bargains and you can send a box then this may be the deal for you. The other great advantage of using FBA is that your products are eligible for the Amazon Prime program. People who participate in this can get free 2-day shipping. Many people are willing to pay a little more for a product for this convenience.
The second way to use the Fulfillment by Amazon program is to sell your own products. Find a product you can sell, find a private label manufacturer, create your own brand, and sell your product. This is the most lucrative way to sell on Amazon; however, it requires more capital up front. Also, it is riskier because you have to order inventory.
As you can see, selling on Amazon is definitely something you can do to earn additional income or become your full-time business. If you are looking to start an online business or want to add an additional income stream to your existing online business, you should definitely consider FBA.