Amazon is one of the largest e-commerce platforms in the world, with millions of customers and sellers worldwide. With its massive reach and customer base, it is a great platform for anyone looking to start their online business or earn extra income. In this article, we will discuss how beginners can start earning with Amazon۔
How can i Create Amazon seller account?
Creating an Amazon seller account is a straightforward process, but it requires some essential information to get started. Here is a step-by-step guide to creating an Amazon seller account:
Go to the Amazon Seller Central homepage
Open your web browser and go to the Amazon Seller Central homepage at sellercentral.amazon.com.
Click on the “Register now” button
On the Amazon Seller Central homepage, click on the “Register now” button located in the top right-hand corner of the page.
Enter your email address
Enter your email address, then click the “Start Selling” button. If you do not have an Amazon account, you will be prompted to create one.
Enter your personal information
Enter your name, business name, and business address. Amazon may ask for additional information depending on the type of business you are registering.
Enter your tax information
Enter your tax information, including your taxpayer identification number (TIN). If you are registering as an individual seller, you may use your social security number.
Choose your payment method
Choose your payment method, which will be used to collect payment for the products you sell on Amazon. Amazon offers a range of payment options, including bank transfer, check, and Amazon Pay.
Set up your account
Review and agree to Amazon’s terms and conditions, then click the “Finish” button to set up your account. Amazon may require additional information, such as a credit card, to complete the registration process.
Verify your account
Amazon will send you an email to verify your account. Follow the instructions in the email to complete the verification process.
Set up your seller profile
Once your account is verified, you can log in to Amazon Seller Central and set up your seller profile. This includes adding information about your products, shipping options, and pricing.
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How to Choose a Niche for Amazon?
Choosing a niche is a crucial step in starting an Amazon business. A niche is a specific category of products that you want to sell on Amazon. Here are some tips to help you choose a niche for your Amazon business:
Choose a niche you are passionate about
Choose a niche that you are interested in or passionate about. This will help you to create compelling product listings and market your products effectively. It will also make it easier for you to keep up with industry trends and changes.
Choose a niche with high demand
Choose a niche with high demand, as this will increase your chances of making sales. You can use tools such as Google Trends, Amazon Best Sellers, and Amazon’s product search to identify popular niches.
Choose a niche with low competition
Choose a niche with low competition, as this will make it easier for you to stand out and attract customers. You can use tools such as Jungle Scout, Helium 10, and AMZScout to identify niches with low competition.
Choose a niche with high profit margins
Choose a niche with high profit margins, as this will help you to maximize your earnings. You can use tools such as CamelCamelCamel, Keepa, and PriceBlink to analyze pricing trends and identify products with high profit margins.
Choose a niche with room for growth
Choose a niche with room for growth, as this will enable you to expand your product line and increase your sales over time. You can use tools such as Google Trends and Amazon’s product search to identify niches with potential for growth.
Choose a niche you can source products for
Choose a niche that you can source products for, as this will ensure that you can keep your inventory stocked and meet customer demand. You can source products from suppliers, manufacturers, wholesalers, and distributors.
How to List Your Products on Amazon?
Listing your products on Amazon is a crucial step in starting your Amazon business. Here are the steps to follow to list your products on Amazon:
Create a product listing
To create a product listing, you need to have a UPC or EAN code for your product. If you don’t have a UPC or EAN code, you can purchase one from GS1, the global organization that manages barcodes.
Choose a category
Choose a category for your product. Amazon has a list of categories that you can choose from. Make sure to choose the most appropriate category for your product.
Set the price
Set the price for your product. Make sure to take into account your costs, including manufacturing, shipping, and Amazon fees.
Create the product description
Create a compelling product description that includes all the relevant details about your product. This should include the product name, brand, features, dimensions, and any other information that is relevant to your product.
Add product images
Add high-quality images of your product. This is important as customers are more likely to purchase a product if they can see what it looks like.
Set the shipping options
Set the shipping options for your product. You can choose to fulfill orders yourself or use Amazon’s fulfillment service, which will handle shipping and customer service for you.
Set the inventory
Set the inventory for your product. Make sure to keep track of your inventory levels and restock your products as necessary.
Submit your listing
Submit your listing for review. Amazon will review your listing to make sure that it meets their guidelines.
Optimize your listing
Optimize your listing to improve your visibility and increase your sales. This includes optimizing your product title, keywords, and description.
How to Fullfil orders on Amazon?
Fulfilling orders is an essential part of running an Amazon business. Here are the steps to follow to fulfill orders on Amazon:
Receive the order notification
When a customer places an order, you will receive a notification from Amazon. You can also view your orders in your Amazon seller account.
Prepare the order
Prepare the order by packaging the product and printing the shipping label. You can use Amazon’s shipping service or your own shipping service.
Ship the order
Ship the order to the customer. Make sure to provide tracking information so that the customer can track their package.
Confirm the shipment
Confirm the shipment in your Amazon seller account. This will let Amazon know that you have shipped the order.
Handle customer inquiries
Handle any customer inquiries or issues that arise. This includes responding to customer messages, providing refunds or replacements, and resolving any issues that may arise.
Manage your inventory
Manage your inventory to ensure that you have enough stock to fulfill orders. This includes tracking your inventory levels, restocking products as necessary, and removing any products that are out of stock.
Monitor your performance
Monitor your performance metrics to ensure that you are meeting Amazon’s standards. This includes metrics such as order defect rate, cancellation rate, and late shipment rate.
Monitor Your Performance on Aamzon
Monitoring your performance on Amazon is crucial to the success of your business. Here are the key performance metrics to monitor:
Order Defect Rate (ODR)
The ODR measures the percentage of orders that result in a negative experience for the customer. This includes orders that are canceled, refunded, or result in negative feedback. Amazon’s target ODR is less than 1%.
Late Shipment Rate (LSR)
The LSR measures the percentage of orders that are shipped after the expected ship date. Amazon’s target LSR is less than 4%.
Pre-Fulfillment Cancel Rate (PFCR)
The PFCR measures the percentage of orders that are canceled before they are shipped. Amazon’s target PFCR is less than 2.5%.
Valid Tracking Rate (VTR)
The VTR measures the percentage of orders that have a valid tracking number. Amazon’s target VTR is 95%.
Customer feedback is an important metric to monitor as it reflects the satisfaction of your customers. Aim to maintain a positive feedback rating of at least 90%.
Sales are the ultimate performance metric to monitor. Monitor your sales to ensure that you are meeting your revenue goals and that your business is profitable.