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Amazon is a great place to sell your products. You can reach millions of customers with the click of a button and it's easy to create an account. There are many pros, but there are also some cons that<br>
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The truth about selling on Amazon - helpful pros and cons Amazon is a great place to sell your products. You can reach millions of customers with the click of a button and it's easy to create an account. There are many pros, but there are also some cons that you should be aware of before deciding if Amazon is right for you. Let's take a look at some things to consider when selling on Amazon. Amazon has both free and paid options, so make sure you know what works best for your business size -You have to pay monthly fees no matter which option you choose Products need to meet certain criteria in order for them to be eligible for sale on Amazon The fees will vary depending on how much profit each product makes-There are many categories where new products cannot be sold Amazon's search engine has very narrow specifications that your product must meet to rank well Ships out products yourself or uses Amazon fulfillment services for shipping? Do I need to have my own warehouse? Will Amazon take care of picking, packing, and shipping orders for me? How much are the fees associated with selling on Amazon? 1. You have to pay monthly fees no matter which option you choose. If you use Amazon FBM (Fulfillment by Merchant) then you can expect to pay $0.99 per item sold plus variable closing fees based on category. If you use FBA(Fulfilled by Amazon), then there is a flat fee $39.99 per month. Amazon takes care of all the shipping, insuring, and other fees so you don't have to worry about dealing with any of that. 2. Products need to meet certain criteria in order for them to be eligible for sale on Amazon. Amazon has strict requirements for what products are allowed on their website, which is why it's important to know these before you begin selling your products online.
• • For example, if your product is remotely flammable or has strong fumes associated with it then it will not be able to be sold on Amazon due to safety concerns (toys, electronics). Also if your product can become hazardous waste then it cannot be sold via Amazon because doing so would violate federal law. The full list of prohibited items can be found here. 3. The fees will vary depending on how much profit each product makes. As you may know, Amazon charges a percentage of your revenue as their fee for selling the product to consumers via their website. However, this percentage also varies based on what category your product falls into and other factors, so there's no one set price you should expect to pay. For example, if you sell an electronic accessory then your suggested retail price must be between $0-1.99 in order to qualify for a 12% referral fee (2-5% plus $0.35). If you were to sell at over $200 MSRP then that number would increase to 15%. You can find all of the different categories with list pricing here. 4. There are many categories where new products cannot be sold. This is a major con that a lot of people don't think about when they first start selling their products on Amazon, but it's something you need to consider when starting your business online. New products cannot be sold in certain highly competitive categories including Video Games Hardware, Video Game Consoles, Digital Music Downloads, and DVDs & Movies (unless the product meets the above criteria). If you plan on selling video games then you can apply for approval by filling out this form. 5. Amazon's search engine has very narrow specifications that your product must meet to rank well. Customers who visit Amazon will not be able to see every one of the millions of products available online through a general
search, rather they will see a small subset depending on what best matches their search criteria. Due to the sheer volume of products sold throughout Amazon you have to meet very strict guidelines in order for your product to come up when a customer types something into the search bar. If your product can appear in the Home & Kitchen or Electronics categories then you have a much better chance at being seen by customers because these are searched more heavily compared to other areas. In order to rank well you need to target certain keywords and keyword phrases that people use when searching for various products online. For example, if I wanted a new tent then my keyword might be "3 person tent" or "lightweight backpacking tents." As an online seller it is important that you know how customers search for certain products because it will determine whether or not your product will show up in customer searches. 6. You have to compete with large corporations for better selling spots on Amazon's website. When you first start selling your products on Amazon you might be surprised at the number of competitor listings that are already available, but with most things in life there is always competition. Even though there may be a high number of competing listings it does not mean that you cannot successfully sell your own products after creating an account on Amazon, rather you just have to make sure that they meet all of the criteria listed above and provide great value to customers looking for what you're selling. Another option is to create an " Amazon Best Seller Listing " which automatically appears at the top of search results for targeted keywords and phrases. Depending on what factors matter to you the most there are other benefits to this type of listing, but it is something you will need to explore more once you start selling your own products online. Conclusion paragraph Amazon is a great place to sell your products, but there are some things you should consider before signing up. The biggest pro of selling on Amazon is that it's easy and quick, which may be perfect for those who don't have the time or knowledge to maintain their own website and blog.
However, Amazon does charge monthly fees depending on what type of account you sign up for (even if you're not selling anything). Products also need to meet certain criteria in order to be listed for sale; they can't contain any prohibited content like alcohol or drug paraphernalia. That being said, if these requirements sound reasonable and you want help with your listing process - let us know!
