Also known as The Amazon Book Review. It has served as the place for the Amazon Books editors to talk about their passions for fiction, nonfiction, cookbooks, kids’ books, mysteries, romance, and science fiction.
Overall, the launch represents a huge opportunity for Amazon. The business-to-business market is bigger than the business-to-consumer market, according to Internet Retailer, which estimated that B2B would generate annual sales of $1 trillion in 2014, while B2C would only pull in $263.3 million. Wholesale e-commerce saw $1.96 trillion in sales in 2013, according to Census data, while e-commerce retail sales were only expected to his $304.9 billion in 2014. Amazon is trying to take a bigger slice of that B2B pie.
“I’m going to show you how to private label a product so that you don’t have to invent something that’s brand new. You’re essentially going to find a product that’s already selling on Amazon and find a supplier or a manufacture that’s already making that product.
Take a few moments and describe your company for sellers in the “About Seller” here…this is helpful for customers that aren’t familiar with your company. While you may choose not to provide much usable information on your company, it helps to provide some high level overview of what you do / what types of products you specialize in. If you check other seller storefronts on Amazon, you can see how sellers choose to describe themselves.
For example, let’s say I sell linen napkins that are clearly labelled with my own brand and label. An unscrupulous seller could sell poorer quality linen napkins under my same Amazon product number and undercut me on price even though it’s not the same item.
I accepted the label service because I didn’t want to print out my own stickers. It was only 20 cents per item to have Amazon label my items. That being said, if you want to keep your margins high, you may consider printing your own stickers and labeling your products.
Exclusively on Amazon Business: eBooks in bulk for professional development, leadership training & more—no Kindle required. #amazonbusiness https://www.amazon.com/b?ie=UTF8&node=17381587011 …pic.twitter.com/COYzl0uLZT
I put my own listings on “vacation” until the end of a spell of impossible weather, but after a particularly nasty reply from one of their reps (three weeks late – they don’t keep to such a strict schedule themselves), decided to stay “on vacation” until spring – or maybe forever.
Fulfillment by Amazon is a convenient fulfillment option which allows Amazon sellers to leverage Amazon’s resources to increase marketplace sales. Determine what your store budget, margin, and profitability is for Amazon as a whole and for specific products before deciding to leverage Fulfillment by Amazon.
So sign into Sellercentral, and search for “Categories and Products requiring approval.”https://sellercentral.amazon.com/gp/help/help-page.html/ref=ag_200333160_cont_scsearch?ie=UTF8&itemID=200333160There you will see links to apply for permission to list your products in each relevant gated category. Depending on the category for which you are seeking approval, Amazon will ask you various questions or for various documents, images or URLs to evaluate whether you should be ungated to sell in those categories. It is our experience that this process is one of meeting the bar, rather than trying to surpass the bar. If Amazon asks you to show it a website on which you have at least 5 gated products available for sale, do just that, and make sure every single image you show Amazon meets Amazon’s image requirements (you can learn more about image requirements by searching again in Seller Central for that topic). Answer all the questions honestly, and provide the requested documentation. If you can’t provide the necessary documentation, figure out how to get that documentation – but don’t try to get approved without all of the required information provided and required questions answered. We’ve seen sellers apply over and over to get approval, each time not properly completing the approval application process.
Even if the merchant fulfilling seller offers free shipping, buyers still have to wait longer than the Prime 2 days for the item to arrive! If you are a Prime Member yourself, I think you know the hassle of having to wait and pay extra for shipping, right?
Additionally, Amazon has extremely low 2-Day and Next Day rates, so during the end of the Christmas season, many sellers are able to offer quick shipping for reasonable prices by leveraging Amazon’s buying power.
With thousands of products available to sell online, narrowing down your choices to a single product can be overwhelming. In our first post in this series, we learned strategies for finding your first product and in our last post we discovered places entrepreneurs go to find ecommerce business ideas.
Mr. Berman, the spokesman, said such responses to employees’ crises were “not our policy or practice.” He added, “If we were to become aware of anything like that, we would take swift action to correct it.” Amazon also made Ms. Harker, the top recruiter, available to describe the leadership team’s strong support over the last two years as her husband battled a rare cancer. “It took my breath away,” she said.
Only professional sellers can set their own shipping rates they charge Amazon customers. If you plan to make shipping a profit center for you, it can be very important to be able to set your own shipping rates that you charge Amazon customers. But remember, Amazon charges you referral fees on the combined product price and shipping cost, so you’ll want to factor that referral fee into your shipping rates.
In addition to its e-commerce sites, Alibaba has emerged as a competitor in the Chinese financial system. To combat customer concerns over the security and validity of transactions completed online, Alibaba created Alipay. As a secure payment system, Alipay protects buyers in the event sellers are unable or refuse to deliver goods sold. In addition to its PayPal-like platform, Alibaba also generates revenue from its newly launched micro-lending business arm that caters to individual borrowers.
One tip on creating your brand name, what I’d suggest is creating a brand name that’s fairly universal. Lenny’s party supplies is a very specific niche, and only really relevant to party supplies, whereas just Lenny’s Products is a much broader name that you can sell a lot of different products underneath.
Pocket squares are not only great because they’re trending but they’re also a product that with some hard work and practice you can make yourself. With some pocket squares fetching upwards of (and even higher than) $60 from some brands, the margins can be pretty stellar as well.
According to early executives and employees, Mr. Bezos was determined almost from the moment he founded Amazon in 1994 to resist the forces he thought sapped businesses over time — bureaucracy, profligate spending, lack of rigor. As the company grew, he wanted to codify his ideas about the workplace, some of them proudly counterintuitive, into instructions simple enough for a new worker to understand, general enough to apply to the nearly limitless number of businesses he wanted to enter and stringent enough to stave off the mediocrity he feared.
Putting up an online business may be easy or hard, depending upon whether you did your research well and laid down all the groundwork before you began. You can make money out of an online business if you execute the necessary steps and do not miss out on some of the essentials that are needed for an online business to succeed.
It follows that the Amazon technology infrastructure must readily support this culture of experimentation and this can be difficult to achieved with standardised content management. Amazon has achieved its competitive advantage through developing its technology internally and with a significant investment in this which may not be available to other organisations without the right focus on the online channels.
They will ship your product. They will handle all the payment orders and the processing. They’ll help market it and sell your product on their website. They will also do the customer support for you as well which is pretty amazing.”