An Approachable Guide on How to sell on Amazon India
by bhaskar janagani You Learn More From Failure Than From SuccessAmazon is a big
marketplace in the world allowing people to buy and sell products to make
money. It is the fastest-growing eCommerce launched in 2013 in India and its
growth increases drastically. However, one should know how to sell on Amazon
India, if you have plans as beginners on Amazon.
Why Amazon?
Amazon is the
eCommerce marketplace that is growing drastically. It has over 3 lakh sellers
making money by selling on Amazon India.
You can expand as Amazon seller
across the world for its best reasons such as:
·
Speedily
growing e-commerce marketplace
·
Easy to
register on Amazon and to set up a store
·
Seller support
24x7 and on-time payments
·
Easy access to
customers and world-class seller tools
Documents
Required
For Sole
Proprietor or an Individual
·
PAN number
·
GST
Registration Number
·
Contact Number
·
Bank Account
Number
·
Email ID
For Private
Limited Company
·
GST
Registration Number
·
Bank Account
Number
·
Memorandum of
Association copy
·
Certificate of
Incorporation copy
·
Contact Number
·
Email ID
Starting a
business on Amazon.in means to create a unique brand. Starting an online business
has its advantages. Especially with Amazon, you get support throughout the
process. There is a procedure to follow before you decide to sell on Amazon.
Step 1: Find out the need online, what buyers want.
·
Selling
products that are in demand means you can sell throughout a year. Selling
seasonal products may be fruitful, but for a small time.
·
Pick a product
that you should be outstanding. Even as a small seller, you should be
different. It is more profitable and easier.
·
Consider light
and a small product as you have to consider shipping charges. Ensure the pack is
easy to pack and pick.
·
Think about the
opportunities and the brand to create for the longer term. Have a clear picture
to grow your business.
Step 2: Explore and know what is sold on Amazon
·
Find the
bestselling products in India online and what is sold on Amazon. Once you get
to know the products, ensure it is profitable, and if there is a potential
market for you to step in.
·
Analyze the
competition as it may be challenging to sell the same product with other
competitors. If you are confident register with Amazon to sell. List your
products, create an account, and use the services.
Step 3: Choose a product
To sell on
Amazon decides the product considering various factors and finalize a product.
The product that you consider selling should bring you money as earning.
·
Choose a product that resolves a problem. Whatever, kitchenware, electronics, clothes,
or anything else, it should be a product useful to people. Products that do not
solve any problem mean it will attract only a few buyers.
·
Selling
categories that are trendy and suit in capturing the market will have demand.
It should be one of the customized items so that it appeals to people who need
it.
Step 4: Concentrate on your interests
Businesses work
in the best way and for a longer period only if it is pursued passionately.
·
Business runs
with dedication and grows to new heights only when you give your best. The more
you concentrate, the more will be the sale. You should show interest in your
product category.
·
The benefit of selling and working on products
that interest you keeps you going on. You can handle the businesses’ rough
phases. It helps in passionately building your brand and the product line.
Step 5: Analyse the audience and market
·
Knowing the
target buyers and the market is essential. There is a target customer base for
every product. So, identify your audience, browse online, talk to people, and
learn what is required in the market.
·
Understanding
the market and the audience helps in assessing the product. Provide a better
product, and if it is already available, ensure to add new useful features. It
will bring your audience as it will catch their attention, you get to establish
the brand and increase sales.
Step 6: Choose
high-profit margin products
Ascertain your
product has a high-profit margin. Earning money is the ultimate objective.
Selling products that are eye-catching or interesting should also bring you
sizable profit limits in the long run so that there is growth in the business.
It makes sense to initiate business, but confirm the products your sell makes
good profits. It should be a win-win situation.
A small tip: It
is best to set a good margin. It is of immense help during sale periods such
that after giving a discount also, you earn profit with sales.
Step 7: Trust
Q &A
Q1: Selling on Amazon, is it secure?
A: Amazon is
the right and secure place to sell. Ensure you have everything ready before
shipping.
Q2. Does
selling on Amazon ensures profits?
A: It is not
easy to make a profit on Amazon. It is because the fees of Amazon are too high
and so are their buyer-centric policies. Initially, it may be difficult, but
slowly you will get the knack of earning profits.
Q3. Can I sell as an individual on Amazon?
A: Yes. You
can sell per month up to 40 products. There is $0.99, a closing fee.
Q4. How to sell for free on Amazon?
A: This is
done in simple 4 steps:
·
Identify a
free product.
·
Create a free
account on Amazon
·
List your
product for free
·
When it
sells, ship the product
Q5. Where does Amazon earn money?
A: Amazon earns money
through web services, subscriptions, and retail. The retail sales are the basic
revenue source, while the physical and online stores add to big share. The
advertising services also are the fastest businesses earning money.
Conclusion/Summary
Selling
on Amazon for a beginner is a great way to step into this market. It allows
taking out the hassle of online selling. Ensure you start a business
strategically by selecting a product considering the factors. It will give a
good chance of winning and flourishing.
Reach
people’s hearts by picking a profitable product. Narrow down your product and
enjoy selling. Learn to avoid pitfalls. Join the Associate program, include to
your products’ affiliate links. Thus, earn by selling your products and also
through referral commission.
There
are ways on Amazon to pay yourself more than once!
Sponsor Ads
Created on Jun 16th 2020 15:42. Viewed 334 times.