Selling on Amazon

[Porky]

Would anyone be so kind as to give me a brief outline/ walk me through how i can sell goods on Amazon and in laymans terms how it works in practice?

Company small online retail - unit sale price £ 75 - small package item - not VAT registered.

Website says £25 a month to register on Amazon plus commission on sales. So what does that look like in above situation.

I'm thinking so £300 a year plus whatever the commission is? what if products don't sell well on there?

Secondly, So i have a stock pile of product at my house ready to ship, how do i get it to Amazon / or the customer - how does that change if the customer is prime wants it next day?

What about refunds? Thanks to anyone in advance taking the time to reply - appreciated

 

[Pish_Pash]

It comes across that you've not done any research at all (so why should anyone here take time out to spoon feed you), here's your first port of call...

Amazon Seller University - Learn, Sell and Earn on Amazon UK

How to become an Amazon Seller? Access Seller Universities 200+ learning materials, online training & recorded sessions to succeed as Amazon Selling Partners!

sell.amazon.co.uk

 

[Mark T Jones]

@AmazonGeek

 

[Paul Kelly ICHYB]

I'm thinking so £300 a year plus whatever the commission is? what if products don't sell well on there?

That's the risk you take using any platform, even your own website!

how do i get it to Amazon

Study FBA - Fulfilled By Amazon

 

[AmazonGeek]

Sorry - been skiing for a week

There is no brief outline for selling on Amazon. It is a complex system and if you don't know what you are doing then at best you will underperform, and at worst you will get shut down and potentially lose a lot of money for breaking rules you didn't even know existed.

As with any business, you need to either do your research (there are tonnes of videos on t'internet) or get someone to guide you through it.

If you want a quick chat to see what you are getting into, message me and I will send you a link to my diary for a zoom.

 

[apricot]

Would anyone be so kind as to give me a brief outline/ walk me through how i can sell goods on Amazon and in laymans terms how it works in practice?

Company small online retail - unit sale price £ 75 - small package item - not VAT registered.

Website says £25 a month to register on Amazon plus commission on sales. So what does that look like in above situation.

I'm thinking so £300 a year plus whatever the commission is? what if products don't sell well on there?

Secondly, So i have a stock pile of product at my house ready to ship, how do i get it to Amazon / or the customer - how does that change if the customer is prime wants it next day?

What about refunds? Thanks to anyone in advance taking the time to reply - appreciated

Start with Amazon and Hellium10 training videos. There are many details to know. However, the first thing to do is to search your products on Amazon to see how competitive they are. If it's a busy market, don't even bother!

 

[AmazonGeek]

Start with Amazon and Hellium10 training videos. There are many details to know. However, the first thing to do is to search your products on Amazon to see how competitive they are. If it's a busy market, don't even bother!

If you need a code for Helium 10 let me know. I have one for 20% off for 6 months. You need to subscribe in order to watch all the videos and you also get the Freedom Ticket training which is very good.

I also recommend the Serious Sellers Podcast with Bradley Sutton. There are over 500 episodes to work through plus loads more stuff on Youtube.

Beware of the so-called teachers that don't actually sell on Amazon any more though as they are out of date pretty quickly. Make sure you listen to people who are up to their necks in it as they will be up to date. And if you want 121 help, then people like me wade through all of this so you don't have to. The trade off is time against money.

Re not getting into busy markets, this is not necessarily true. If you have a differentiated product you can do very well. A really good book that has a lot of content on this is "Ride the Amazon Wave" by Tomer Rabinovich.

Think of it this way...

If a plot of land became available next to a Macdonald's, would you build a food outlet on it? Probably not if it was selling the same thing - cheap burgers. But what about a nice coffee shop, a high-end burger bar, a pizza place, a Subway, etc?

Macdonald's brings in the traffic and because you have a differentiated product, you can syphon off some customers. And it is the same on Amazon. You can get into busy niches as long as you have a differentiated product but don't just try and sell the same thing because the clown will win!

A good recent example of this is bath bombs. Some clever people have launched them recently for kids - they are smaller, brighter and contain toys. And there are now bath bombs for men - different fragrances and shaped like footballs, cricket balls, etc.

Not long ago, that was considered a saturated niche but they carved out a sub niche of their own.

 

[Porky]

Thank you @apricot and @AmazonGeek
Very helpful and appreciated advice.
Take care now.