If you want to succeed as an online reseller, the best way to learn how is by reading through Amazon FBA success stories. As they say, you should learn from the experts and nothing less.
Amazon FBA is the perfect tool for people who plan to do online resell business. It makes life so much easier. In fact, so easy that we highly recommend it to stay at home moms who want to earn extra bucks for the family.
With the increasing cost of living, both the husband and the wife must really work hand in hand to ensure there is enough to cover daily expenses, right? While some women are fortunate enough to continue working even after giving birth, others need to stop and be a mom fulltime.
Thanks to technology – there are a lot of ways now to earn money even while at home – and one of them is through e-commerce.
According to Euromonitor International, as published in an article by Forbes, it says that by the year 2021, “e-commerce is expected to be the largest retailer in the world.”
If you come to think of it, when you go to social media sites, there is an increasing number of online stores. Facebook, for instance, had to keep up with the demands by coming up with Facebook’s Marketplace.
Instagram has also become an online selling platform when in fact, it wasn’t made for that initially. It won’t be surprising if all the other existing social media platforms convert themselves into online selling platforms too. Because to be honest, e-commerce is extremely popular and in demand.
Well, it’s not a bad thing at all. It actually means people nowadays are really maximizing what social media platforms can offer – at the same time, people are becoming unafraid to take chances of starting a business through online selling.
In fact, we have recently read Amazon FBA success stories (which is precisely why we wrote this), which are really inspiring and made us think about how time has changed.
Well, it really is no doubt, e-commerce has become the most popular route for businesses nowadays. Well, with how technology changes everything, plus the fact that people nowadays are after on what’s convenient to them, it is not surprising how online businesses became a hit.
When it comes to e-commerce, Amazon is definitely the most popular platform for online sellers – whether amateurs or those who are living off their businesses. With Amazon, you can sell nearly anything and make money on it. But let’s admit it, when you do it on your own, it takes a lot of time, effort, and dedication. Before you even think of giving up, read on and know more how you can maximize Amazon, at the same time, how to succeed in selling via Amazon.
WHAT IS AMAZON?
To start off, just to refresh your memory or to those who may not be familiar with Amazon, Amazon.com is actually considered as the “world’s largest online retailer” and a well-known “cloud service provider”. Specifically, the company focuses on “e-commerce, cloud computing, digital streaming, and artificial intelligence”.
It is an American multinational technology company. It considered one of the Big Four technology companies alongside Google, Facebook, and Apple. Amazon is based in Seattle, Washington.
Amazon serves as an avenue for both amateur and professional business people to sell their products to a huge variety of customers. Amazon is indeed a very competitive ground for online selling, but ultimately, the best online selling platform to be.
Later on, we’ll talk more about Amazon FBA, but first, you may want to check this video and be inspired by James Bowen, a YouTuber who shared how from being broke, he got to earn $23,000 in sales in just 30 days through Amazon FBA.
HOW TO SUCCEED ON AMAZON?
For a business starter, Amazon can be overwhelming and success seem impossible given that you get to compete with a huge number of online sellers. But here’s the thing, there are ways for you to succeed on Amazon based on several Amazon FBA seller success stories as well as e-commerce experts.
These tips include:
Work on building your brand.
One of the major mistakes of some if not most online sellers is they go into the battle without the right weapon. Meaning, they jump into online selling without even finding their niche first, without building their brand first.
One secret to success not just in online selling but business, in general, is to be unique. You have to stand out from the rest and the best way to do that is first, to identify your niche and what kind of product/s you are going to sell. From there you can start building your brand, and then start analyzing how you can out stage your competitors. When it comes to business, you have to consider the quality of your products and the price range.
Study how you can market your products.
It’s easy to set up an Amazon account, but the challenge comes with how you can attract customers to visit your page, and hopefully buy your products. Well, here’s the good news, with Amazon, they do the work for you. They handle bringing traffic and buyers to your product listings.
According to a business expert, one of the best ways to succeed on Amazon is to leverage its benefits for your business’s advantage. It would be better if you make time to study what Amazon offers to sellers like you, and then you decide after which one you think fits the products you sell or your business.
Do not be afraid to ask for reviews.
One secret to getting more customers is by making sure you have a good number of reviews. Customer reviews help a lot for customers to make a choice in choosing you over your competitors.
We highly suggest asking your customers to give reviews. You can always ask in a polite way. Like, you can send them a private message saying, “I hope you don’t mind me asking for a review?” If the customer agrees, then good for you! If he or she doesn’t want to or does not bother responding to your request, don’t take it against them.
But the strategy here to ensure you get good reviews because of course, you do not want bad reviews. Make sure you always put your customers’ needs first. Reply to their inquiries as soon as you can, answer questions, be honest, and be friendly in communicating. Also, be prompt in addressing concerns. By doing all these, even if there may be flaws in our transactions, you would probably still get good reviews, and for sure, they will give review even if you don’t ask.
Build connections and relationships.
You won’t be successful in online selling if you do not have anything to sell, right? For instance, you already know what to sell, you have found your niche and have figured out who your target market is. Now, you have to focus on where to get your products?
While some people do it themselves, most sellers on Amazon actually just source their products from elsewhere and then upload it for online selling via Amazon.
This is where building connections and relationships come in. From what we’ve gathered from people who succeed on Amazon when it comes to sourcing their products, they make sure, to be honest, and to build a relationship with the stores where they buy what they sell.
Honesty means being true to yourself and the people at the sores. Do not be afraid to tell them that your purchases are intended for selling online via Amazon. This is not new to them because, in fact, some of their customers are just like you. Here’s the thing, store people actually are more than willing to help you succeed in your business. After all, they too make a profit from what you do, right?
Build a relationship with the salespeople and the managers of the stores where you source your products. By doing so, you get a lot of perks. They might just give you a discounted price for bulk orders or they might be your lead when the product you are eyeing for restocks or when the store is having a sale at the end of the month.
You know you get a lot of rewards by being nice, by being true, and by not hesitating to make friends with people from the stores where you buy the products you sell on Amazon.
Optimize your product listings.
Another key to success on online selling via Amazon from people with Amazon success stories is by making sure you optimize your product listings.
Of course, you want to be ahead of the game, right? Competition is high on Amazon so you better keep up and do your thing. To optimize your product listings, work on these key aspects:
– Good quality photos
– Unique, organic keywords
– Good quality copy with bullet points for easy readability
– Eye-catching product titles
Selling on Amazon is not just about uploading photos and putting a price on it. You have to make sure people will choose you over your competitors. Since this is not a face-to-face selling, you have to rely on your copy and title to help you get more customers.
Thus, make sure that your product title is eye-catching, the quality of your photos are really good, and the copy, make sure it is easy to read but very informative. You do not want people to keep asking about your products, right? So, make sure all the information they need is there. But, also ensure that you write it in a way that entices your customer and that after reading, they will hit the BUY button.
Work on your packaging and labeling.
This probably is the most neglected aspect of online sellers. While making sure the product delivered to your customers is of good quality, successful online sellers on Amazon pieces of advice not to forget making sure you have good packaging and labeling too.
You know the saying, do not judge the book by its cover? Well, you better make sure that by just looking at the “cover” your customers will already be convinced that their money spent on buying your products is worth it.
Working on good packaging and labeling also adds up to building a good brand image.
Remember this, customers do not only judge your product but the overall feel. So, if you want your customers to stick with you, make sure that they have a very good overall experience.
Sign up for Fulfillment by Amazon or FBA.
Last but definitely not the lease is set up a Fulfillment by Amazon of FBA. Signing up for FBA means Amazon will be the one to handle your customer orders, delivery, as well as customer support.
Amazon is a well-loved online selling platform. They offer high-quality service and a really good delivery scheme, which are the very reasons why a lot of customers are loyal to them. So, imagine if Amazon is on your side, doing all the legwork for you? Don’t you think you just earned yourself instant popularity and trust rating?
We have read and heard a lot of Amazon FBA success stories, thus we highly recommend getting into it if you really are serious in scaling up your online business. Just so you know, we have known a business that has grown to seven figures because of FBA. So, yeah, what are you waiting for? Why don’t you try leveraging the power that FBA has?
WHAT IS AMAZON FBA?
But what really is Amazon FBA? We understand some of you are not quite familiar with this.
Well, Amazon FBA or Fulfillment by Amazon is a program that lets you “store your products in Amazon’s fulfillment centers, and we pick, pack, ship, and provide customer service for these products.”
Through the FBA, you get a better chance at scaling up your business and at the same time, reaching out to more customers.
FBA is a good program for those who want convenience, and at the same time, are really serious in making their businesses grow. Let’s admit it, Amazon has a huge customer base, which is a big plus. Although there may be a huge competition too, for as long as you constantly market your product and you have a specific target market for your products, you just might win the game be among those with Amazon FBA success stories.
WHAT ARE THE BENEFITS OF USING AMAZON FBA?
According to Amazon, here are the benefits you get when you use Amazon FBA:
Your products become qualified for Amazon Prime, which means you get free Two-Day Shipping, FREE Shipping, and other wonderful benefits.
As Prime members, you get to have free two-day shipping, as well as all Amazon.com customers, get free shipping on all qualified orders.
If you will list your products for FBA, your products are automatically qualified for free shipping, too. All qualified FBA listings are presented with the Prime logo in it. This way, the customers will know that these products’ packing, delivery, returns, as well as customer service, are all handled by Amazon. Thus, no need to contact the seller directly.
You will also get an increased chance of winning the Buy Box provided as you progress in the competition. Also, another benefit you should maximize on is the chance to sell on Amazon’s marketplaces in Mexico and Canada by simply signing up as an Amazon seller account.
Amazon FBA handles customer service and returns.
When you list your products for Amazon FBA, the FBA will handle customer service and returns, which is very much convenient for you.
Amazon FBA helps your business to grow quickly.
When Amazon built its fulfillment centers, they were made thinking about your inventory. The good thing is, they do not have a minimum number of products when you send them. Amazon makes it more convenient for you by handling the details for you so you can focus on growing your business.
It’s definitely simple and very cost-efficient.
It’s basically a pay as you go scheme. Amazon charges you for storage space, and the rest, it’s all on Amazon. With regard to the cost of shipping, it’s already included in your fees. What’s nice about is there’s no extra charge for Amazon Prime free Two-Day Shipping, as well as for free shipping on authorized orders. However, some fees for Selling on Amazon and other optional services may apply.
FINAL THOUGHTS ON AMAZON FBA SUCCESS STORIES
Amazon is no doubt the leading online selling platform not just in the United States, but across other countries too. No wonder why it has gained popularity among business people both amateur business people and large companies.
Over the years, Amazon has continued to keep up their game and ensure they continue to be the top choice when it comes to online selling and shopping. That is why they have created programs that benefit the customers, as well as programs that are beneficial to sellers.
One of Amazon’s programs for sellers that have earned popularity among businesspeople is the Amazon FBA or Fulfillment by Amazon, which makes the life of online sellers easier. By getting into FBA, you get to relax and let Amazon handle delivery and customer support on your behalf. What’s even better is, it comes with different perks, which have detailed above.
Over the years, there are a growing Amazon FBA success stories, which basically means it does really work! In fact, some of these businesses share that they’ve doubled or tripled their profits because of FBA.
In conclusion, we highly suggest leveraging in the power of Amazon FBA. We believe it is one of the best ways to conquer online selling on Amazon especially if you are a newbie. But apart from FBA, you also have to do your part.