An Approachable Guide on How to sell on Amazon India

by bhaskar janagani You Learn More From Failure Than From Success

Amazon 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 

To gain trust in your product use Amazon Vine servicers but In India, it is not available. So, use 3rd party reviewers like revExpo.com to review your product and get it certified and that would gain initial traction to make sales on amazon.in

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!

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Created on Jun 16th 2020 15:42. Viewed 327 times.

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