Merchandise With The Washington Football Teams Old Name
Even before the team made the long-overdue decision to change its name, Amazon pulled the plug on the teams merchandise. On July 3, 2020, the football team announced that it would review its name and logo, which have faced widespread criticism for evoking racist anti-Indigenous stereotypes and history. Later that month Amazon announced that it would remove all merchandise affiliated with the team, and the team was temporarily rebranded as the Washington Football Team. Although they will be sticking with that filler name for the 2021 season, the Washington Team apparently has more than 30 potential names on the list for the 2022 season and beyond. Amazon doesnt just sell cleaning products they clean their own house, too.
Can I Sell On Amazon From Home
Yes, you can sell on Amazon from home Amazon does not require that you have a separate business location or storefront to sell on their platform. In fact, most beginners on the platform more than likely start selling on Amazon from home.
This being said, like all Amazon merchants, home-based sellers will have the option of fulfilling and shipping their own orders or using Fulfillment by Amazon . To this point, if youre looking to avoid storing inventory at your home and shipping orders yourself, using FBA will give you these capabilitiesâof course, with associated fees.
Why Sell On Amazon
Why sell on Amazon versus another site like eBay or Etsy? Or why not only sell through your own website?
Here are the top reasons I see to consider Amazon as a selling platform:
- Enormous traffic Millions of people go to Amazon first when theyre looking to buy something. You can sell products without any real marketing in many cases.
- Brand recognition People trust Amazon, but many are wary of buying from other sites that theyve never used before.
- Dont need a website While you can also have a website in addition to selling on Amazon, you can start a business selling only through Amazon with no website of your own.
- Scalable Amazon can easily handle spikes in traffic and changes in inventory levels. They can even handle fulfillment if you use .
- Fraud protection Amazon takes care of accepting payments and has great fraud protection. One less headache for you to worry about.
Even though there are a few drawbacks, like having less control, there are many big benefits of selling through Amazon.
If youre wary of solely relying on Amazon, you can always sell through it on the side.
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If you are really considering starting your own online business, then you have to check out my free mini course on How To Create A Niche Online Store In 5 Easy Steps.
In this 6 day mini course, I reveal the steps that my wife and I took to earn 100 thousand dollars in the span of just a year. Best of all, it’s free and you’ll receive weekly ecommerce tips and strategies!
Fulfill And Ship Your Products
Listing products for sale in the Amazon marketplace and managing your inventory are the hardest parts of learning how to sell on Amazon. This being said, once a customer places an order, the next step is to get that product into their hands.
Amazon offers two options for product fulfillment and shipment:
Fulfillment by Merchant
Self-shipping is typically a good option for small sellers and those with smaller margins. You can opt to charge for shipping or offer free shipping. The biggest advantage of FBM is that you can keep everything in-house and not lose more of your profits to Amazon fees.
The disadvantages are that its harder to qualify as an Amazon Prime shipper when you do FBM, so you could lose out on customers with Prime accounts. The other downside is that its more difficult to win the buy box when you choose FBM.
Fulfillment by Amazon
If the nitty-gritty of processing and shipping orders yourself feels overwhelming, go for the shipping method. Through FBA, you can use Amazonâs world-class fulfillment centers, customer support, and other operational tools to scale your business faster than you ever could on your own.
Image source: Amazon.com
How FBA Works
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A ‘washington Post’ Report Shows That The Company Is Aggressively Pushing Its Own Brands Even When Customers Are About To Purchase From Third
Amazon has a reputation problem. Or maybe it’s more of a love/hate relationship problem. To some, Amazon is the big bad ecommerce giant destroying smaller retailers, using unfair competitive tactics, and constantly sucking more fees out of the businesses that sell on its platform. Yet, it’s still the place Americans go for almost half of all online purchases, and half of American households pay for a Prime membership.
That’s a lot of power in the hands of one shopping platform, and the company has faced plenty of criticism over how it uses that power. In fact, just this week Jay Greene from The Washington Post reports that “Amazon has introduced a feature that pitches its own private-label brands right before customers add rival products to their shopping carts.”
Think about that for a moment. In the tests conducted by the Post, when users add common brand-name items like Glad trash bags, Energizer batteries, and Dr. Scholl’s insoles, an offer for a “Similar item to consider,” would appear just above the button you would click to add the item to your cart. In every case mentioned by the Post, those offers were for Amazon brands sold at a lower price.
An Amazon spokesperson said in a statement that “like any retailer, we promote our own brands in our stores, which provide high-quality products and great value to customers. We also extensively promote products from our selling partners.”
Either way, it looks like Amazon is kicking back.
Reasons To Sell On Amazon
Written by Dale Cudmore
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If youve ever looked into making money online, Im sure youve heard about selling on Amazon.
Amazon is a household name in most countries, and had over $90 billion of revenue in 2017 in the United States alone. Getting just a fraction of a percent of that for yourself would be amazing.
You can sell products on Amazon whether or not you have an established business. They also take care of a lot of the hardest part of online business .
Its true that there are a ton of people making six figures or more by selling on Amazon, but many more do not. Its not easy, and its not quick.
This guide will give you a good idea of how much work selling on Amazon will actually take. It will cover:
- The benefits of selling on Amazon.
- The different methods of selling on Amazon.
- How to sign up and actually sell products.
- Managing your account.
- Common mistakes.
If you can make it to the end, you might just have what it takes to succeed. There are plenty of links to resources that you can dive into after if you choose to.
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Mistake #: Ignoring Amazon Advertising And Other Seller Tools
I always recommend to my clients that they use every tool available to them from Amazon. Understand and use tools like:
The more tools you use, the more chances youll have to beat the competition and understand the Amazon marketplace better. For example, I had a client who after years of selling on Amazon finally decided to take advantage of FBA and saw his sales increase by 50% in just one month.
How To Compare Product Ideas
Next, narrow down a few product types to look at more closely and compare the following:
Demand: Is there enough demand to make it worth selling? You can also use a tool like to see whats popular.
Competition: If you look for the product on Amazon today, whats the competition like? Pay attention if Amazon sells the item through their private label, . Its hard to compete with Amazon itself.
Product Margins: will differ by the product and directly impact profitability. For example, youll have to sell large volumes of low-margin products before you make any significant profit.
Regulations: Be aware that you cant just sell anything on Amazon, including popular items like CBD oils. Be sure to check .
Shipping costs: Some products are more expensive to store and ship, which affects profitability. For new sellers, its easier to focus on small and lightweight items like books to avoid any complications.
Availability: How easy or hard is it to source the product? Is there only one supplier available?
Seasonality: Relying solely on a seasonal product like holiday decor wont bring in consistent sales.
Another helpful way to research and compare products is through these online tools.
Did You Know? We recently conducted a survey of our customers to find the top selling items on Amazon. The top five product categories include Home Goods, Health & Personal Care, Toys, Kitchen, and Beauty so keep these in mind as youre buying inventory.
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Underhanded Tactics Evil Amazon Sellers Are Using To Cheat And Get Ahead
In just the past few years, Amazon has become such a cutthroat marketplace that unscrupulous sellers have been purposely trying to sabotage their competitors. As a result, most sellers are hush hush about their products and never talk about their winners in public.
In fact Amazon is so competitive today that if you have a product that is even mildly successful, you will eventually get piggybacked by multiple sellers if you havent been already.
Heres a sampling of some of the insidious activities that are happening on the platform right now.
The tactics mentioned below are evil and highly unethical. And the fact that people are using these strategies really makes me angry.
But you should be aware of whats happening out there in case it happens to you.
Tackle Your Amazon Operations
may not be the sexiest part of running a business, but it is vital to driving the profitability of your business and advertising campaigns.
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Review Best Sellers Pages Within Your Potential Categories
Next, if you want to explore your opportunities and competition within a certain category, you can simply head to Amazon itself, search for that category and add best sellers to your search term. Heres what we found searching for best sellers novelty scarves:
The Best Sellers page lists the top 100 sellers in that category. From there, you can click into different items and scroll down to gauge their sales popularity.
The product description detail that Amazon provides on each item tells the story of its overall popularity. For example, this item is pretty popular according to:
Its Amazon Best Seller Rank of 5,836 in the huge Clothing, Shoes, and Jewelry category. As a rule, anything with a BSR under 10,000 in a major category has respectable sales velocity.
Its 145 reviews from customers show that this item has a track record of sales.
Reviews add up over time, but each review shows the date, so you can use reviews to gauge how many of a given item sold in a set period of time. According to Amazon Seller Central, only about 10% to 20% of customers actually leave feedback. So 145 reviews can equal anywhere from 700 to 1,500 actual sales.
Its not a perfect market analysis, but it helps you determine if an item has enough demand to make it worthwhile. It also helps you see what your competition is doing and uncover ways to improve upon their products.
Amazon Is Complicated And Expensive
This is especially true if you sell on the FBA program, although Amazon has videos and written content that offers in-depth guidance on how to work with the FBA program and other Amazon programs. If you choose to use Amazon FBA to sell in Germany or other European countries, Amazon may contact you and provide one of its account specialists to help you get set up and address any issues you may run into.
With Amazon, fulfillment is when you send your items to an Amazon warehouse, and they are stored there until a customer buys them. Once the item sells, Amazon packs and ships the item to the customer.
Learning the prep system for sending items into Amazon’s warehouses is detailed and isn’t easy, and a lot can go wrong with damaged items, lost items, and other warehouse issues. Sellers don’t always get compensated for customer returns and may not receive full compensation for items lost or damaged in the warehouse.
Amazon fees are about one-third of the sale price of the item, which doesn’t include the monthly fee of $39.99, and the ever-increasing warehouse storage fees. Despite the pitfalls, though, many people prefer Amazon to the competition. For starters, they are familiar with Amazon, so it feels like home.
Amazon periodically offers to lower the fee they charge on each sale, in return for you dropping your product sales price. These limited-time offers don’t always leave room for any profit, but can help you sell through slow-moving inventory.
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Evil Strategy #: Amazon Sellers Can Steal The Buy Box And Ship Poor Quality Items To Sabotage Your Listing
Over the holidays, one of the students in my Create A Profitable Online Store Course had a product that absolutely killed it. She managed to for a competitive keyword and she was making 5 figures per month off of a single product.
At the time, her product had a 4.5 star rating and things were great. But one day, she noticed that her sales had dropped to just a trickle and when she checked her listing, she noticed that someone else was selling her product for significantly cheaper and she no longer had the buy box.
Heres the thing.
She designed these products herself so it was highly unlikely that this seller was selling the exact same thing. As a result, she did a test buy and when she received the item, she was shocked to see a poorly made imitation with a cheap copy of her packaging.
Even though she contacted Amazon, she got the run around and they did nothing about it. Meanwhile, negative reviews started trickling in and her search rankings started dropping.
Eventually, this seller went away but the damage was already done. She was left with a crippled listing that still hasnt fully recovered.
Unfortunately, this student learned the hard way not to depend on Amazon for 100% of your sales. Today, shes focusing a lot more time on her own website and diversifying across other channels.
Is It Safe To Source Products From Alibaba To Amazon Fba
Now that you know the basics of how to sell on Amazon from Alibaba, it would help to know some profound safety concerns. Alibaba is a well-known marketplace that eliminates the middlemen or at least tries to because there are a lot of fraudster middlemen that one may find who are not manufacturers but actually resellers.
There are a lot of procedures in place to safeguard both buyers and manufacturers.
- Trade Assurance is one such feature. With verified suppliers, this option provides for a money-back guarantee in case your order is not satisfactory in terms of quality and shipping time. Gold suppliers are another option to look out for in terms of quality.
- Suppliers that dont partake in the Trade Assurance program also have to go through different levels of a verification process. Each supplier is given a badge according to the level of verification they pass and buyers can view it on product listings for trustworthy ones.
- Alibaba lets you communicate with manufacturers so use this option wisely by asking for business licenses, verifications, and contact information. Ask as many questions as possible relating to products, request for sample products to be sent as well as factory photographs to assess legitimacy. All this enables you to make safe buying decisions.
- There are anti-fraud programs in place that work towards preventing innocent buyers from getting scammed, and you can always report supplier problems to Aliba, and theyll deal with it the right way.
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What Is Retail Arbitrage
Arbitrage is the practice of taking advantage of a price difference between two or more markets, or in other words, reselling.
In this case, retail arbitrage is the process of buying discounted products through retailers to sell on Amazon.
An example of this would be finding a product at Walmart that sells for $5, purchasing that product, and then reselling it on Amazon for $20. Pretty cool, right?
Some sellers also buy products they find online, which is known as online arbitrage, and the process is the same: buy low, sell high .
You may be asking yourself, is retail arbitrage legal? Fortunately, it is. According to the first-sale doctrine, once you purchase a product legally, you then have the right to resell that product, as long as it is sold in an unchanged condition. So if you buy it and sell it as new, the product must be in new condition.