What is Amazon, and why should you sell there?
Amazon is a global e-commerce platform that allows businesses of all sizes to sell online. Why should you sell on Amazon? Because it’s a trusted website with millions of users worldwide, it can help you reach a larger audience for your product.
Selling on Amazon is also relatively easy to do. You can create a listing for your product in just a few minutes, and there are no monthly fees – you only pay when your product sells. Plus, Amazon handles all the payment processing and shipping for you. So, if you want to expand your e-commerce business, selling on Amazon is worth considering.
How do you find the product to sell on Amazon?
There are a few key things to remember when looking for the right product to sell on Amazon. The first is to make sure that the product is small and lightweight. This is important because Amazon charges by the size and weight of the product, so a smaller product will be less expensive to ship. The second thing to consider is whether or not the product is popular and in demand.
A good way to gauge this is by looking at the number of reviews on Amazon. If a product has a lot of positive reviews, it’s likely that people are searching for it and that it will sell well. The third consideration is whether the product is easily manufactured or sourced. This is important because you want to source your product at a low cost to make a profit when you sell it.
Setting up your seller account
You must first set up a seller account to sell products on Amazon. To do this, go to the Amazon Seller Central homepage and click “Sign up.” Enter your personal information, including your name, email address, and password. Once you’ve registered for an account, you’ll be taken to the seller dashboard.
You can manage your listings, orders, payments, and account settings from the seller dashboard.
Creating listings
When you’re ready to start selling on Amazon, the first step is to create a listing for your products. This involves adding pictures, descriptions, and other information about your items. You’ll also need to choose a category and price for each listing.
Creating a listing is simple and only takes a few minutes. First, log in to your Amazon seller account and click “Add a Product.” Then, enter the product name or keyword into the search bar. Select the correct product from the results and click “Create Listing.”
You’ll be prompted to enter the product’s title, price, category, condition (new or used), shipping options (free shipping or standard shipping), and product description. Be sure to include high-quality photos of your product as well.
Now, you need to wait for Amazon to approve your listing. Once approved, customers will be able to purchase your products through Amazon.
Shipping your products
You must ship products to Amazon’s fulfilment centre if you sell them on Amazon. You can do this yourself or use a shipping company. If you use a shipping company, they will pick up your products and ship them to Amazon for you.
Packaging guidelines for Amazon Sellers
When selling products on Amazon, the packaging is as important as the product itself. Your packaging should be designed to protect your products during shipping and storage and be easy for customers to open. Follow these guidelines to make sure your packaging meets Amazon’s standards.
Your packaging should be:
- Durable: Products should be well-protected so they arrive in good condition
- Easy to open: Customers should be able to easily open your packaging without damaging the product
- Secure: Packaging should keep products secure during shipping and storage.
- Informative: Include all relevant information about the product on the packaging
If you’re using your packaging, ensure it meets these guidelines.
When you’re ready to ship your products, you must create a shipping plan in Amazon Seller Central. This will tell Amazon which products you’re sending and where they’re going.
You’ll also need to create labels for your products. You can print these at home or have a shipping company do it. Once your products are shipped, Amazon will scan the barcodes and add them to your inventory. You’ll see when they arrive in the fulfilment centre and when they’re out for delivery.
Getting paid
If you’re looking to start selling on Amazon, one of the first things you need to consider is how you’ll get paid. Fortunately, there are a few different options available to sellers. The most common way to get paid as an Amazon seller is through direct deposit.
Once you have set up your account and linked it to your bank account, Amazon will deposit your earnings directly into your account regularly. This is usually the quickest and easiest way to get paid, and it’s what most sellers prefer.
Another option for getting paid is through a check or money order. With this method, Amazon will send you a check or money order for your earnings, which you can cash or deposit into your bank account. This option is typically only used by sellers who don’t have a bank account or prefer not to use direct deposit.
GST for Amazon Sellers
As an Amazon seller, you’re responsible for collecting and paying GST on your sales. GST is a value-added tax levied on most goods and services in India. The current GST rate is 18%.
You must register for a GSTIN (Goods and Services Tax Identification Number) to collect GST on your sales. Once you have your GSTIN, you can add it to your Amazon seller account. After registering for GST, you must create invoices for all your sales. These invoices must include the buyer’s name, address, and GSTIN.
If you ship products to buyers in other states, you may also need to pay IGST (Interstate Goods and Services Tax).
Conclusion
Selling on Amazon can be a great way to reach a wide audience and make extra money. However, it’s important to research and understands the process before starting. The best way to learn about selling on Amazon is to read articles like this, which can help you understand the process and get started. Once you’ve researched, you’ll be ready to start selling on Amazon.
With over 310 million active customer accounts, Amazon is one of the most popular online marketplaces in the world. And, because Amazon is a trusted brand, customers are likelier to purchase from a seller on Amazon than from another marketplace.
So, if you want to start selling online, Amazon is a great platform.
