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Showing posts with the label amazon seller

How to start selling on Amazon: A step by step approach

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Being able to start your own brand along with an international business was not something that was easily available to entrepreneurs in the past. Getting products designed and made, having them shipped, then finally marketed and sold used to be a very strenuous process. It can still be a lot of work. However, with the way that Amazon is structured today, this option has never been more easily available for anyone.  Right now you can start your Amazon business with only a few hundred dollars, and you can do it all at your computer without ever having to hold or ship any inventory. This is all thanks to Fulfillment by Amazon (Amazon FBA).There are a few steps to take in order to go from 0 to having a product available to be sold on Amazon to millions of customers. Let’s explore those steps: Step 1 - Product research  This is actually the most important decision that you are going to make throughout this process. Even if you do everything else perfectly, it will be your product that ends

The Good Part About Amazon as a Sales Middleman

All the facts about having middlemen in a business have been known since years, and while there are a lot of demerits to them existing, they do carry a certain number of merits. With the case of a marketplace like amazon, you as a seller might find certain things too harsh with them. However, there are quite a lot of advantages in doing business with them as well. 1.      Being able to work anywhere, anytime, no questions asked       One of the perks of running an online seller business is that you can work whenever you want, and at whatever time that is convenient to you. You can work from home, from your office, in your PJs, in your suit, whatever rocks your boat.   2.      The cost of start-up is low If you have ever tried setting up a website, you know how difficult it is too get it all up and running. If you are planning on starting out as an individual, then you have to juggle between a lot of stuff! There’s infrastructure costs, server costs, maintenance costs, personnel costs,

Understanding Sales Trend Phenomenon- (Weekly, Monthly & Yearly Trends)

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Knowing more about one’s sales and customer’s buying habits is the wish for most retailers. They want to know the right button to press so as to sky-rocket sales and boast of better customer satisfaction. However, many obstacles usually prevent them from these insights. Perhaps you are dealing with legacy systems that can’t keep up, or maybe your data may be split between disconnected systems. In such a case, converging your sales from different online and offline sales channels for analysis could be a huge problem. However, if you were to use the right tools, it doesn’t have to be a thorn in the flesh anymore. The methodology to understand sales results which aid in knowing the trends of the market over a specific period is known as sales trend. Sales results indicate the sales patterns followed by the customer over a given period. The given period can be long, short, or average. Analyzing the sales trends can be done by compiling the sales over the given period against the financial