For a product to sell well on Amazon, there are a lot of things you need to think about. With this blog post, we want to take the thought “I didn’t know I should…” or “I should have never tried selling on Amazon” out of your head.
3 key steps:
Check the profitability of selling through Amazon.
Plan your logistics.
Create an account on Seller Central and sell!
Is it profitable/profitable to sell on Amazon?
Even though thousands of sellers are making a fortune from this e-commerce algeria telemarketing data giant, you still need to make sure that you will be profitable . To ensure that you are successful in marketing on Amazon , you will need to factor in Amazon fees, FBA service fees (if you take them) and also analyze the potential of your products.
What percentage does Amazon take?
Sellers pay a listing fee for each item sold, which typically ranges from 7% to 15% of the sale price.
Is it profitable to sell on Amazon?
Apart from the selling fees, there are the FBA (Fulfillment by Amazon) fees which are the logistics costs for storing your products in Amazon Warehouses and for shipping them to buyers.
This is one of the great advantages of this e-commerce platform. By using the service fulfilled by Amazon, your products become eligible for Prime delivery in two days, and free delivery. A BIG plus for buyers.
But, more services equal more fees.
Selling on Amazon, Canada fees
If you want to sell your products on Amazon Canada, FBA fees depend on 3 essential factors:
The weight of the product
Product size
The product category
There may be a $0.20 CAD fee added for Amazon to handle product labeling, so you'll need your calculator on hand to make your decision!
Make Amazon Your Biggest Revenue Generator
Let us help you
The audit to find the right product to sell on Amazon
An important point to know if it is profitable to sell on Amazon concerns the products sold. Some products sell better than others on the platform. This is why you will have to analyze, even before creating a seller account, the market for your product(s).
According to our expertise and experience, your product must:
Have differentiating elements;
Be non-seasonal;
Engage Amazon users;
Generate recurring purchases.
The goal of a marketing audit is to limit the unknown : you want to understand in which ecosystem your product will have to be placed. This analysis will inform you about the density of the competition and the efforts that will be necessary to make a place for yourself.
Marketing Audit for Selling on Amazon
A rigorous marketing audit allows you to identify avenues for success and market opportunities. Is there an interesting search volume for this type of product? What is the competition on these searches? What are the sales volume and revenues that can be targeted for this type of product?
The aim is to analyze the sales potential of the market as well as the density of the competition .
