Amazon FBA is a program that turns your online business into a household name. The most successful companies on Amazon are the ones that you can buy from at any time, just like any other big box store. Even if you run out of inventory, they still have a product to sell. So how can you get in on this type of business? Here are five ways to get started with your own Amazon FBA business.
1. Find a niche market that you are interested in. While there is a huge market for everything online, across big & small amazon markets, it is important to choose something that you have an interest in and some knowledge about. This way, when customers ask questions about the products, you will be able to answer them quickly and accurately.
2. Select a good keyword for your product or service. Using keywords such as “free” or “discount” may not be the best choice because people are always looking for deals and offers that can save them money. However, if your product or service provides value to customers then they will be more likely to purchase it from you than from someone who does not offer anything for free or at a discount price.
3. Write informative articles about your chosen niche topic and submit them to article directories such as EzineArticles, this is one of the ways to promote products which belong to certain small & unique niche.
4. you probably have a lot of stuff lying around your house that you don’t need anymore. Why not sell it? It’s easy to list items on Amazon and they’ll do all the work for you. I’ve sold several things this way and made some money!
5 Drop shipping is a great way to make money without having inventory. You just find a product that would be profitable to sell on Amazon, then find someone who will produce it for you at wholesale cost (usually about $1). Now all you need is an order! This type of business model is a lot easier than most people think – but it does take some time before it becomes profitable if done correctly. You can usually expect around 20% profit margin or more after shipping costs are
You can avoid incurring these long-term storage fees by performing a periodic inventory replenishment with Amazon FBA. This is done by creating a shipment containing only those items which have been in the warehouse for over 270 days, and sending it back to yourself – which means you’re not actually sending any units anywhere, but simply moving them from one location (Amazon’s warehouse) to another (your business address).
This shipment is then processed as a return, and the units are removed from Amazon’s inventory and returned to you. You should then destroy these items so they don’t come back into active inventory at a later date (this may cause them to incur long-term storage fees again).
One of the biggest reasons why people fail at Amazon FBA is because they don’t take their time to understand what they are doing and how they can do it better. They just jump right in and try to do everything at once without really learning anything about how things work or how they should be done.