What is Amazon FBA?
Amazon is a household name and one of the industry’s leading platforms for selling products. Fulfillment by Amazon (FBA) is a paid Amazon service that helps product vendors to reach more customers.
Amazon FBA includes features like speedy, Prime delivery, easier selling across Europe, and more sales (Amazon, 2021). In order to participate in Amazon FBA, the vendor only needs to ship their products to Amazon.
Amazon then takes care of storage, delivery to customers, customer service, and returns.
Why you should sell on Amazon FBA – seller industry report, 2021
In a 2021 industry report, Jungle Scout revealed the following statistics that would excite you about selling on Amazon:
– Nearly 3 billion people visit Amazon each month.
– Amazon has 3 million customers worldwide.
– Sixty-two percent of online consumers begin product searches on Amazon.
– the company’s annual revenue is $386,000,000,000.
– Ninety-two percent of Amazon sellers use its FBA services.
– Eighty-five percent of third-party sellers are profitable.
– Fifty percent of Amazon sellers sell more than $5,000 monthly.
– Twenty-five percent sell over $25,000 per month.
However, in order to sell successfully on Amazon, the business model must have an effective fulfillment method and must be competitive enough to survive within one of Amazon’s global marketplaces (Jungle Scout, 2021).
What are the best products to sell on Amazon FBA?
Amazon makes no secret about its best sellers. This list is updated hourly. Digital music is among the best-selling products on Amazon.
The bestseller categories are listed below:
Amazon Devices & Accessories
Apps & Games
Audible Audiobooks & Originals
Business, Industry & Science
CDs & Vinyl
Computers & Accessories
DIY & Tools
DVD & Blu-ray
Electronics & Photo
Garden & Outdoors
Health & Personal Care
Home & Kitchen
Musical Instruments & DJ
PC & Video Games
Shoes & Bags
Sports & Outdoors
Stationery & Office Supplies
Toys & Games
Why use software to sell on Amazon FBA?
Industry leaders highly recommend using software to sell on Amazon FBA for several reasons. Amazon seller software is specifically designed to give sellers an entire suite that helps them effortlessly manage their business.
While most of this software is designed to help third-party sellers to identify top sellers and source products, it can be used by sellers with an existing inventory.
Benefits of our recommended software for existing Amazon sellers
Persons with an existing inventory such as digital music can use the system to strategize selling, reach more customers, conduct keyword research to place their music in front of additional customers, optimize their product listing, promote their products, email customers, and do much more.
I’m happy to offer you a 30% discount for a limited time, compliments the software vendor.
Here are the benefits that our recommended software gives to help existing Amazon sellers to grow their business:
– Enhance your keyword strategy.
– Track keyword performance over time.
– Optimize your listings.
– Automate product review requests.
– Get more reviews.
– Manage your inventory with ease.
– Gain insight into your finances.
– Opportunity Finder.
– Alerts on your product’s performance.
Benefits of our recommended software for sellers new to Amazon FBA?
Let’s examine the benefits of one of the most highly recognized Amazon selling software products in the industry.
Its CEO & Founder is Greg Mercer, an eight-figure Amazon Seller. He is the winner of the Seller Awards for Best Amazon Expert, and a featured speaker at industry-leading conferences which include SellerCon, Prosper Show, and Brand Accelerator.
Mr. Mercer has also been a guest of dozens of eCommerce podcasts such as $100 MBA, Smart Passive Income, and Foundr. He has been featured in publications such as Forbes, Huffpost, Inc., and Entrepreneur.
The software provides a full suite of Amazon seller tools. Sellers are provided with tools that help them to find a product, source a supplier, launch and optimize a product listing, manage business analytics, manage inventory, and more.
Keep in mind that sellers with an existing inventory can use the software to sell more of their products on Amazon.
Here are key features of the software:
The product database
Product Database is a searchable catalog of 475 million products pulled directly from Amazon. It helps sellers to organize, explore, and evaluate product ideas.
Sellers (third party) can generate product ideas in seconds and discover profitable products that match their specific search criteria.
Chrome and Firefox extension
The extension is the industry’s original product research tool that helps sellers to evaluate new opportunities, forecast product sales, and request reviews.
Product tracker helps sellers to easily organize, group, and compare product ideas and sales metrics, and confidently pick the next product to sell on Amazon.
Opportunity finder is the tool that finds profitable product niches that carry high-demand and low-competition keywords.
Keyword Scout reveals what shoppers are really searching for on Amazon. It reverse-searches multiple ASINs to discover the keywords used by competing products and the keywords a product ranks for.
Supplier Database is a first-of-its-kind feature among Amazon selling tools. It provides information on legitimate global suppliers used by the world’s best brands.
Sellers can also match products to factories and use the Match Score to find the supplier of a specific product they are researching on Amazon. Supplies can also be identified by searching a specific brand, company, or supplier name.
Other features include
– Sales Analytics.
– Inventory Manager.
– Launch manager.
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