Selling products on the internet is an excellent way of starting your business and making money.
And if you are going to sell anywhere, it has to be on Amazon. Luckily, the Amazon market is huge, and it is expanding more than ever as people are shifting to shopping online for almost every kind of product.
If you get the right product and spend some effort and time in taking care of your business, this process can be very simple and you will be able to make hundreds or thousands of dollars by selling on Amazon.
So, how does it all work?
Before You Begin, Let’s Look At Selling Plans
When you choose the Individual Plan, you will pay $0.99 on your every item sold. With the Professional plan, you will be charged $39.99 a month, doesn’t matter what amount of items from your store gets sold. For both of these plans, a referral fee is collected by Amazon on every sale, which is some percentage of the entire transaction and differs by product category differs by product.
4 Steps for Succeeding While Selling Globally
Decide What and Where to Sell
Understand the opportunity that comes for your business with selling globally on Amazon. Learn where you are able to sell with Amazon, what’s needed—including regulations and taxes—and strategic plans to enter a new marketplace.
Register and List the Products
Leverage Amazon tools for managing seller accounts internationally and managing your listings over marketplaces. Translate your listings if needed. Your products are ready for sale now.
Ship and Fulfill
You can get products to your customers promptly over the world with Amazon fulfillment services. Understand what is included in shipping and fulfilling in different countries, including requirements, costs, and times. You can use Fulfillment by Amazon (FBA) or you can do it all yourself.
Manage Your Business
Offer customer support and returns, either through Amazon or by yourself. Earn money in your favored currency. Use the tools and recommendations by Amazon for growing your sales internationally and scaling your business worldwide.
How Much Does Selling On Amazon Cost?
You might be paying some different kinds of selling fees, which depend on what your selling plan is and what you are selling.
Subscription fees
As mentioned above, there are two selling plans on Amazon. For Individual Plan, you pay $ 0.99 per sale and for Professional Plan, you pay $39.99 a month.
Selling fees
The selling fee is charged per each item sold, and they include referral fees (a percentage of the selling price), and variable closing fees (which is applied to the media categories only).
Shipping fees
While fulfilling orders by yourself, shipping rates are applied. Amazon charges the shipping rates depending on product category and the shipping service buyer has selected.
FBA fees
With Fulfillment by Amazon (or FBA), there are charges for the order fulfillment, the storage, and the other optional services.
Stay Successful
With this guide to selling on Amazon, we hope you have learned a lot about the Amazon business you are thinking of starting. Now, what’s left is to learn how much can you make as an amazon seller. With all of this knowledge, the chances of succeeding in your Amazon are increased.
