A lot of us have heard about ebay and olx and stuff like that. But only a few know that you can actually sell something on Amazon too.
Amazon provides one of the most advanced fulfilment networks in the world through which you can sell your products. Here we cover all the basics you need to know about Amazon FBA.
Amazon provides one of the most advanced fulfilment networks in the world through which you can sell your products. Here we cover all the basics you need to know about Amazon FBA.
What Is Amazon FBA?
FBA means Fulfilled By Amazon. You might have seen this label on many Amazon products. Amazon does all the work required to sell your products.
Click here to get started.
Click here to get started.
How FBA Works?
Alright, this is how Amazon FBA works:
1) First, you send Amazon your products and they store it in one of their fulfillment centers. The fulfillment centers are warehouses run by robots as well as Amazon employees.
2) Then, your products sorted. And if on the off-chance something is damaged in one of Amazon’s warehouses, Amazon will actually reimburse you the full retail price for the damaged good.
3) Whenever a customer places an order on Amazon for your product, Amazon will handle the transaction for you. The entire process is automated.
4) Next, your product is packed into a box and shipped to the customer on your behalf.
After the product is delivered to the customer, Amazon follows up with the customer to ensure whether everything is alright with the order or not. If not, Amazon deals with that.
The below image will help you understand easily…
The below image will help you understand easily…
Pricing Of Amazon FBA
Pricing is very affordable for Amazon FBA. You can sell unwanted items that you own or make your own products and sell them. Now, there are two types of FBA accounts – Individual and Professional.
Individual accounts are free but have higher sales charge. Professional accounts, on the other hand have a monthly subscription fee of $39.95 but lower sales charge.
Individual accounts are free but have higher sales charge. Professional accounts, on the other hand have a monthly subscription fee of $39.95 but lower sales charge.
Your only role in Amazon FBA is to keep the stocks of your product full and everything else is handled by Amazon.
This is a great start for young people and helps you earn a lot of money. Also, there is no hitch in running this business as Amazon takes care of everything. Amazon made about $71 billion in revenue through FBA associates who are normal people like you and me.
So, you should start as early as possible and you won’t regret it.
So, you should start as early as possible and you won’t regret it.
Online Business Addict 