Setup Amazon Seller Account to Drive Sales
As Amazon expands, so are the prospects to start an e-commerce business by selling on the platform.
Consumers began their buying searches on Amazon in 2021, citing low product prices, free or low-cost shipping, and convenience as reasons for shopping online rather than in-store. More than half of customers shop on Amazon at least once a week, and 67 percent of customers purchase on Amazon for holiday gifts at the end of the year.
These trends suggest that ecommerce businesses will have a lot of opportunities in 2022. However, if you want to take advantage of Amazon’s massive opportunity, you must first complete the Amazon seller registration process. We’ll lead you through the new process to ensure that your account is validated (and that you have an opportunity to establish a successful Amazon business).
What is the best way to start an Amazon business?
What’s amazing about Amazon is that there’s no one-size-fits-all approach to starting a business there. There are various ways to prosper on the platform, from the business model you adopt to the things you offer.
However, regardless of the type of business model or product you choose, the processes to get up and running on Amazon are the same.
To begin, decide which business model you wish to employ.
- Private Label: The process of a store rebranding/renaming a product that is already manufactured under their own brand or label is known as private labeling.
- Wholesale: Wholesaling is the practice of buying low-cost or discounted goods in bulk and reselling them as individual units in a retail marketplace.
- Arbitrage (online and/or retail) is a method of locating low-cost or discounted goods in brick-and-mortar retail establishments (or on e-commerce sites) and reselling them online.
- Dropshipping is a business concept in which an Amazon seller does not store their own product inventory and instead sends their customers’ orders to the manufacturer or supplier directly.
- Handmade: Handmade merchants on Amazon are those who make their own things (“by hand”) to sell on the site. Jewelry, accessories, home decor, and other items are examples.
After you’ve decided on a business strategy, you’ll need to choose a fulfillment method.
Fulfillment by Amazon – FBA
Fulfillment by Merchant – FBM
Next, think about the product(s) you’ll be selling.
You may be ready to launch if you have a product (say, you make your own handcrafted things), but you need still go through this stage to ensure that your product will have enough demand on Amazon. Use a service like Jungle Scout to help you locate things to offer that are in great demand yet have little competition.
Apply to become an Amazon seller once you’ve found a product you like.
The next part contains more information on how to complete the Amazon seller registration process.
After Amazon has validated your details and accepted your application, you may begin sourcing your goods (s)
If you want to sell private label, you can use Jungle Scout’s Supplier Database or Alibaba to find a manufacturer to make your goods.
6. Last but not least, make your product listing.
And once you’ve created your listing, you can use it to boost your Amazon sales.