How To Sell with Amazon FBA for Beginners
Your End-to-end Guide On Selling On Amazon
Are you looking to create a new revenue stream by selling products online? Look no further than Amazon. As more and more shoppers transition to online shopping, Amazon, the most extensive online marketplace selling almost everything, has been reaping gains.
The sheer magnitude of Amazon’s reach into the consumer market is overwhelming:
- More than 150+ million shoppers are Prime members, more than the total number of U.S. households.
- 53% of product searches start on Amazon, with the rest on search engines and other marketplaces, many of which will likely bounce to Amazon.
- Over 50% of all e-commerce sales in the United States happen on Amazon, 14% worldwide.
- Amazon generates more than 2.5 billion foot traffic every month.
Third-party sellers account for more than half of Amazon sales which amounted to more than $386 billion in 2020. There is no better timing to sell on Amazon and the best way to do it is by Amazon’s fulfillment service Fulfillment-by-Amazon (FBA). With FBA, you simply ship your inventory to Amazon’s fulfillment center, and they take care of all the intricacies and legwork of fulfillment for you.
Now that Amazon has fulfillment covered, all you have to do is figure out what products to sell and how to manage your Amazon business. Put in some time and effort into learning the intricacies of the platform, and you’ll be well on your way to earning seven or even eight figures annually. Read on for everything you need to know to begin selling on Amazon.