30/07/2022
𝐍𝐎𝐓𝐄: 𝐓𝐡𝐢𝐬 𝐩𝐨𝐬𝐭 𝐢𝐟 𝐟𝐨𝐫 𝐭𝐡𝐨𝐬𝐞 𝐰𝐡𝐨 𝐚𝐫𝐞 𝐛𝐞𝐠𝐢𝐧𝐧𝐞𝐫𝐬 𝐚𝐧𝐝 𝐝𝐨𝐧’𝐭 𝐡𝐚𝐯𝐞 𝐚𝐧𝐲 𝐢𝐝𝐞𝐚 𝐡𝐨𝐰 𝐭𝐨 𝐝𝐨 𝐏𝐫𝐢𝐯𝐚𝐭𝐞 𝐋𝐚𝐛𝐞𝐥 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐨𝐧 𝐀𝐦𝐚𝐳𝐨𝐧 𝐅𝐫𝐨𝐦 𝐏𝐚𝐤𝐢𝐬𝐭𝐚𝐧 𝐚𝐧𝐝 𝐜𝐚𝐧 𝐞𝐚𝐫𝐧 $𝐝𝐨𝐥𝐥𝐚𝐫𝐬.
The first thing we need to consider before setting up business on amazon is selection of market. And that depends on a budget that which market will be good for you.
PRODUCT RESEARCH:
First we need to hunt for a winning product to sell on amazon. We should not compromise on the selection or right product. Selection of right product is the first victory for the Amazon Business.
SOURCING:
After Product Research, the second most important work is to look for its best sourcing so we can sell it with good profit margins.
Amazon is the biggest Online market place but amazon charge you FBA fee, 15% referral fee, storage cost, so for that reason our sourcing should be rock solid that after paying amazon we should have a healthy profit margins.
LISTING CREATION:
Many people doesn’t consider Product Listing as important, but Highly SEO Optimised Listing with good combination of Content and Keywords plays a big role in your conversions.
We need to Optimised Product Title, Bullet points, description and EBC content (Enhanced Brand Content).
LAUNCH & RANK:
So we have placed our order to our supplier for our product and meanwhile we created listing as-well, then we’ll have to Connect with FREIGHT FORWARDER to ship our inventory from China to FBA Warehouse, after creating shipping plan with amazon seller central.
Then as soon as amazon makes our inventory live and ready to sell, we’ll work on our product ranking through different strategies and with the help of PPC (paid advertisement).
NOTE:
We need to manage our inventory planning so that we don’t go OOS ( out of stock ). Because After OOS our Ranking drops again and we need to bleed again for it ranking.
Happy selling,
Easyebiz Solutions.