So, you're interested in the success that others are having as resellers on Amazon. It's understandable, there's a lot of appeal to working from home, making money, and getting out of the rat race.
If you're looking to learn how to become a reseller, we've got a few pieces of advice for you. We'll cover some of the measures you should take in order to have success on Amazon, hopefully making reselling a long-term source of income.
Let's get started:
How to Become a Reseller on Amazon
Reselling is a different ballgame than something like selling product in a physical store. The internet operates under a different metronome, and we'll explain a few ways to tap into that and find your way onto user screens.
The first thing to consider is the product you're going to sell.
Find an Empty Niche
Your Facebook feed could be telling you that a lot of people your age are making money selling iPhone cases on Amazon, or something. This shouldn't be a cue to start selling iPhone cases.
Even if there is a massive number of iPhone cases being sold online, it doesn't mean that people are going to buy them from your page. In fact, the more competition you have, the less successful you'll probably be.
Try to find a product that has very little competition.
Cut Your Prices for a While
If you're interested in selling products in an already-popular niche, you might have to start by offering them for particularly low prices. If you're buying from a wholesale supplier, your costs are going to extremely low.
You can cut those prices down even further if you find a way to purchase from the manufacturer. When you've got the lowest prices, the only way you can reliably get sales in highly-competitive niches is to sell your product for extremely cheap.
After a while, you'll find that you have customers regularly coming to your page and making purchases. You can then choose to keep prices low or raise them up to normal rates.
Fulfillment by Amazon
One of the most effective ways to cut down on costs and streamline your efforts is by working with Amazon directly. Fulfillment by Amazon is a service that takes care of most-everything to do with your product, shipping, and customer service.
They will store, stock, ship, handle returns, do customer service, and give you preferential treatment to those who don't use the services. By preferential treatment, we mean you'll be Prime-eligible and subject to the Buy Box.
You will then have a lot more money to use for more product, advertising, and marketing.
Want to Get Started?
Learning how to become a reseller is the first step to making money online and living the life you want. There's a lot to learn, though, and it's important that you get the rundown on how it all works.
Explore our site a little more for the information you need on Fulfillment by Amazon and more.