 |
| Image search - Google | by enabler.org |
Things to remember before starting Amazon Business:
Time required to start earning:
1. A Tentative to start time of six months is required to start earning.
2. Time starts from searching the right product to profitability.
3. I may include things like:
1. Account Creations
2. Product research
3. Sourcing
4. Shipping
5. Launching
6. Ranking
7. Reorder
Expanses we shall have in mind:
1. Company Formation: you need to create a company on it comes expanse.2. Amazon monthly subscription : Amazon monthly subscription is round about 40,000 a month that take his Own fees that is also expanse.
3. Product Photography: When you select a product you need to take professional photograph for listing that is also expanse.
4. Content Writing: you will need to write content writing for listing and you will give you ta any content writer that is also expanse.
5. Inventory Cost: Everyone knows about inventory cost for that you will pay for the product that you want to sell that is also expanse.
6. Shipping cost: When you select a product then you want to sell it on Amazon then you pay shipment cost .
7. Paid Reviews : you need reviews for your listing, organically and naturally reviews are come very low. That's why you will pay for reviews. Then people will give you five stars reviews.
8. Giveaways: If you want your listing is ranked on 1st page you need to free giveaways that is also expanse.
9. .Sponsored Ads: That is normally called pay par click( PPC) run ads on Amazon you need to carry on your business in starting you need more.
10. Reorder: When your inventory finish you need more inventory for that you will recorder.
11. Trade mark registration: When you reorder you know the product is selling on Amazon and you come to profitability and then you should go for trade mark registration. That is take six to seven months.
12. Company annual tax returns: Your company where is registered in UK, Us, you will pay tax that is also expanse.
Difference between FBA & FBM
I will tell you what is best option in FBA and FBM
In fulfilment process three are very important
1. Shipping your order
2. Updating your inventory
3. Handling returns
In FBA model these things are handle by amazon.
In FBM model these are manage by seller him self.
How FBA Works:
FBA ( Fulfilment by Amazon):
• It the super easy to manage for example you select a product and source that from Pakistan you packe the inventory in bulk and you will ship it to USA Amazon warehouse. When Amazon receive it from warehouse amazon will automate you after that Amazon will maintain the inventory and amazon will live for selling. When the order are placed to you the amazon will ship on behalf of you and inventory and also maintain the inventory. If you receive return the product from buyers Amazon will handle it. Amazon will check and update the inventory so that is why it is super easy to manage
• No staff required for shopping, inventory control or returns:
That means you will not spend too much time for handling, shipping inventory, updatation and returns and you have no need of any staff.
• On time shipping
Amazon fullfill by him self so , it is amazon concerned to ship it on time or amazon his state of the art model of shipping in which on time shipment is 100% conform.
A lot of accounts of seller are suspend for the resone of not shipping on time that is known as shipping defect rate.
In FBA there is no any defect rate chances.
• Prime Eligibility By Default:
As you know that amazon provides prime membership for buyers.
For prime buyer amazon will provides services they can receive order on next day. If you are handling shipping through FBA model so you are by default prime seller. You are visible to all the prime buyer and they can order your product.
• Amazon loves it :
Yes Amazon does that means, in Amazon algorithm they create mechanisms if you are selling through FBA so Amazon will rate more better.
Fulfilment by merchant(FBM):
• Very difficult to manage: Because you ship by self and you have to maintain the inventory and you have handle returns by self.
• Staff required for managing shipment, inventory and returns: For it you have to spend more time.
• Late shipping issues: By the of late shipping issue your account will be suspended.
• Long queue of prime eligibility: If you will receive long core batch prime you will be visible to prime buyer, if they are placed order so how you can manage. This prime buyer will not receive the order on time. This is not possible.
• Amazon Garde it on second option: In Amazon algorithm FBA model are on 1st and FBM are on second option.
