There’s more to selling on Amazon than just having access to potential customers. Keep reading to make money with Amazon: why you should be selling on Amazon.
Third-party sellers make up a bigger share of sales on Amazon’s marketplace than Amazon itself! These third-party sellers racked up $160 billion compared to Amazon’s $117 billion in 2018.
If you’re looking for a big business opportunity, consider starting an Amazon business. You can make money with Amazon from the comforts of your own home! Imagine sitting back in your pajamas, setting your hours, and being your boss.
Those are only a few benefits of learning how to make money selling on Amazon, though.
Keep reading for the 10 reasons you should start selling on Amazon. By using the Fulfillment by Amazon (FBA) program, you can make money, maintain your independence, and grow your own business with ease!
1. Low Start-Up Costs
Many businesses fail within the first year because they lack the proper funding. Any business will need at least a little money upfront. Others require tens of thousands of dollars to get started.
If you decide to make money with Amazon, you won’t have to worry about crazy start-up costs. You can get started with very little funding upfront.
For example, you might decide to start with items you already have at home. You can also source inventory from local thrift stores and yard sales. Either strategy will help you get started with very little cost.
To build your little FBA business, you will need a few tools, though.
First, make sure to have a computer and internet access handy. You’ll likely use your phone to work, too. You’ll also need paper, a printer, boxes, tape, and address labels.
Once you have these items and your inventory prepared, you’re ready to start selling. Regardless, you won’t have to spend hundreds of dollars to get started.
2. Lots of Potential
Many companies also fail to market their business and attract customers. Imagine trying to sell handbags to friends and family members. Once you exhaust your inner circle, it’s sometimes difficult to find buyers.
When you have products to sell on Amazon, you don’t have to worry about hunting down customers. Instead, they’ll come to you. After all, millions of people are already shopping on Amazon every day.
Amazon’s growing brand recognition and trust help it attract and keep buyers on its platform.
Amazon already claims 49% of all US e-commerce sales. Once you decide what to sell on Amazon, you’ll have access to that audience base, too.
If you want to find the largest audience of potential buyers, Amazon is a great place to start your business.
3. Amazon Prime Members Love Shopping
Amazon Prime Members love to shop. Beyond that, they’re also loyal. Many people are happy to pay for their subscription to receive Amazon’s benefits throughout the year.
Today, Amazon Prime members receive:
- Access to exclusive deals and special prices
- Discounts at Whole Foods
- Free 2-day shipping
- Free same-day shopping at select locations
- Free access to Prime Video and Prime Music
There are other benefits, too. These customers want to use their free, 2-day, or same-day shipping by buying from Prime-eligible products.
By becoming an FBA seller, you can attract these buyers straight to your business.
4. You Don’t Need Your Site
Creating and maintaining a website can take a lot of time, dedication, and money. You’ll also have to keep your site updated with new products and content. Otherwise, what’s the point?
By becoming an FBA seller, you don’t have to worry about managing your website. You don’t even have to create product pages on Amazon. Instead, you can save that time by using the Amazon platform to your advantage.
5. Make Money Quickly
When starting your own business, it can take months (if not years) before you turn a profit. Selling on Amazon, however, will help you make money quickly.
Once you decide to start an Amazon FBA business, you’ll need to find products to sell. Then, you’ll send those products to Amazon. Within a few days, they’ll go live on Amazon’s website.
Once people start buying your products, Amazon will deposit money into your account.
6. Level the Playing Field
Amazon marketplace has 8,162,342 total sellers worldwide. That doesn’t account for the number of businesses around the world you’re also competing against for business.
By becoming an FBA seller, you can even the playing field against big and small competitors. After all, buyers are more likely to purchase from a brand they trust. Since so many people already trust Amazon, you have a chance to appeal to those buyers with Beau Crabill’s Amazon FBA course.
You don’t need thousands of different products, either. Instead, you can focus on 10 to 30 items, snag sales, and grow from there.
7. Better Customer Experience
Many people already trust Amazon because the platform is easy and quick to use. Their website prioritizes a positive user experience, which makes shopping easy for consumers. This ease of use can help you attract customers, too.
Amazon handles easy refunds and returns. Their fast shipping is a major selling point for customers, too.
A happy user experience makes people more likely to shop. They’re also more likely to share that experience with a friend or family member.
8. No Manufacturing
Manufacturing and marketing a product can take time, effort, and resources you don’t have. One of the top reasons to make money with Amazon is the ease for you.
You won’t have to worry about creating products. Instead, you can use the Amazon Boot Camp course to find products you can sell. That way, the bigger companies can focus on the complicated side of the business instead.
9. Amazon’s Reputation Benefits Yours
People already trust Amazon’s brand. Strong brand trust can take years to develop (and a single day to break). By leveraging Amazon’s existing brand reputation, you can encourage buyers to trust your brand, too.
Once they have a good experience shopping with your business, you can turn that trust into brand loyalty for future sales.
You can also work with a top Amazon marketing agency to strengthen your brand, market your business, and gain new customers.
10. Your Location Doesn’t Matter
When it comes to selling on Amazon, your location doesn’t matter. You can even sell while you’re on the road. Since you don’t ship directly to your customers, becoming an Amazon FBA seller will give you the freedom to sell from anywhere in the world.
Cha-Ching!: 10 Great Reasons to Make Money with Amazon
Ready to start rolling in dough? Start selling! Make money with Amazon today to begin experiencing the benefits of building an FBA business for yourself.
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