There’s more than one way you can make money selling on Amazon. I will quickly go over the main ones in this article.
First of all, Amazon Marketplace. Marketplace provides you with to be able to sell products (not just books but a whole choice of things) on this also page on Amazon’s website where Amazon sell the product themselves. So you get to take on them head-on, and even get to take on them on price. Selling prices are fixed — Marketplace isn’t an auction. You can list an unlimited number of items for free but what they call a affiliate fee is charged on each sale. Marketplace is for both new and used products.
Marketplace would work whether you prefer to make some spare cash in your free time, but also if you want to begin a ‘proper’ small business.
The other main way to make money is Amazon Associates. Associates is actually an affiliate programme.
How to Sell on Amazon Marketplace
It’s very easy to get started with Amazon Marketplace. You should not register in advance. You can open a seller account when you list your first product. how to be an amazon seller
If you already have a buyer account on Amazon you can include your seller account fot it.
To register as a seller you will need a business name, an address, a display name, a charge card and a telephone contact number. That’s all you need to get started.
Go to the Amazon site, scroll on the next paragraphs to ‘Make Money With Us’ and then ‘Sell On Amazon’. You may then see two options:
Sell a little or sell a lot? Amazon offers two entry points into Marketplace which informally tag as ‘selling a little’ or ‘selling a lot’.
Basically ‘a little’ is for occasional and hobby sellers who expect you’ll sell less than 35 items a month. It costs 86p plus a affiliate fee for each sale. You are also restricted to the product categories you can sell in. However, the benefit is that it costs virtually nothing to start and there are no ongoing charges if, initially, you don’t sell very much.
Selling ‘a lot’ is for professional sellers who expect you’ll sell more than 35 items a month. You pay a 28. 75 monthly fixed fee and a affiliate fee. You can sell in all the Amazon product categories.
It isn’t always viable to list low price, low volume products as a ‘sell a little’ seller. To do that you need to be a ‘sell a lot’ seller! However, I’d recommend you take the ‘selling a little’ route to start with. You can always upgrade later.
Choose your option, then fill the online form.
Pro Merchant Sellers
Once you are selling ‘a lot’ you will probably also want to become what Amazon call an expert Merchant Seller. Pro Merchants have access to volume selling and bulk listing tools. There is a web program that allows you to quicker manage your product descriptions, inventory and orders. You will also be able to move and scan information to and from your account.
Once you get up and running the selling a lot/Pro Merchant option will work out much cheaper and, important, will assist you to work on more restrictive margins and make income using sales that those who sell just a little can’t.
Amazon Marketplace Selling — how to sell your products
Now let’s take a look at exactly how you put products up for sale on Amazon Marketplace.
The idea of Marketplace is that you sell your product on exactly the same page on which Amazon and any other Marketplace sellers sell it.
So, first, find the equivalent new product in the Amazon brochure. Use the ‘Search’ tool at the top of the Amazon website. Put in the product type and name and Amazon will automatically take you to the correct page to list it.
Next, check carefully that the product type, brand and model number or whatever Amazon has found for you is the correct one.
Once you reach that page you’ll find a button called ‘Sell Yours Here’. Click on it, sign into your seller account, and you can now list your product immediately.
Now this is the really clever thing about Amazon.
Assuming the product already exists in the Amazon brochure an inventory is ready made for you to use. You don’t have to write a description or distribute a photograph. All you need to do is state what condition your product is in (i. e. new or one of the many standard used descriptions), state the amount you have for sale and fill the price you require. Also decide what postage options you want to offer. (At this stage you can also decide whether you are willing to send the product abroad or not. )
If you want, you can include a further description up to 2, 000 characters (not words). This will help you distinguish your product or offering from Amazon and from other sellers.
Then, Amazon will give you a summary of your listing to check and also confirm what their fees will be if the item sells. If you’re pleased with this simply click ‘Submit Your Listing’ and you’re off. When you have done this your item is automatically listed until it sells or for 60 days (indefinitely if you’re an expert Merchant).
What’s an ASIN? ASIN stands for Amazon Standard Identification Number. Virtually every product on their site has its ASIN — a unique code they use to name it. If you know the ASIN you can list it directly using that. (For books, the ASIN is equivalent to the ISBN number on the jacket. ).