Three Ways You Can Sell on Amazon

 

 

As a seller in the Amazon Marketplace, there are three main ways you can get your products on the market. Each method has some advantages, as well as some drawbacks. In this article, we’ll take a closer look at three ways you can sell products on Amazon.

 

Private Label

Private label means you’re sourcing generic products and then selling them under your own private label brand name. First, you will complete extensive product research, you can use Amazon Wholesale Software  to determine profitable products you wish to source, brand, and sell. In terms of suppliers, many people choose Alibaba to purchase products and then sell them on Amazon under their own brand.

 

It sounds easy, but there is a lot of risk involved. First, it takes a lot of manual product searching to determine profitable products to sell. You could potentially invest in the wrong product and lose a lot of money. Second, when you purchase products from international suppliers, your intention is to have the product arrive to the US in mint condition and on time. But with so many elements of the purchase, packing, shipping journey, anything can go wrong in a moment's notice. Your inventory can get lost overseas, caught up in customs, or even arrive damaged.

 

It takes at least three to four months to officially launch your product. Plus you need to design a logo, obtain FNSKU codes, and optimize your product listings with help of  Amazon Product Research Tool  to fit your brand. In addition to these considerations, your success will rely heavily on product reviews. But when you’re just starting out, it will take time to build that private label credibility that yields good reviews.

 

Retail Arbitrage

Retail arbitrage means you buy products from a retail store at a price lower than what you’d sell online. Like private label, this method also requires extensive product research. You will want products that are high in demand. However, you will also want to be mindful of the retail store you’ve purchased your product from. Customers can easily hunt for the best deals too and may choose the retail store over your Amazon listing.

 

Retail Arbitrage is very transactional. You’re always going to be on the hunt for the best deals and hope that you can turn a profit by selling at a higher price than what you paid. Unlike private label, it only takes about a week to turn a product, and the risk is significantly lower, but you’ll be putting in a lot of time, effort, and money to keep your retail arbitrage sustainable.

 

Wholesale (Reseller)

Becoming a wholesaler (reseller) requires some product research but there are intelligent software solutions like Wholesale Product Sourcing that can optimize your product search. Using this method, you source from brand owners and distributors. It is relatively low risk and qualifies as passive income.

 

You will source products from US distributors and brand owners, purchasing only proven products. That means, products that are likely to turn a profit based on research. Unlike private label and retail arbitrage, the wholesale journey is very relationship-driven. You will build relationships with brand owners and suppliers, assuring them you can drive sales and build brand loyalty for their products. 

 

Another benefit is that you will rarely have to be concerned with product reviews because you’re not the one manufacturing the product, you’re simply reselling it. Of course, you’ll want to provide your customers with a seamless purchasing experience, but with this method you’re not building your brand or hustling to find retail deals.

 

Becoming an Amazon Wholesaler is by far the best and most simplest way to start out your Amazon Reseller Business. What are you waiting for? Get started today!

 

 

 

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