Last Updated on May 16, 2023 by
We all want to make money without going through a lot of effort. But we can make quick bucks by selling products on Amazon. To become a seller on Amazon, you must follow some essential steps.
So, in this article, I will help you with some essential information that will help you create a wholesaler account on Amazon.
Wholesale Selling Process
You need to complete different steps to become an amazon seller, but here I will explain the most crucial stage of the entire process.
After applying for the account, there is a 60-day holding period to get the business started. During this holding period, the product cannot be shipped. This holding period also helps the sellers to decide if they want to continue with the business.
The purpose of this holding period is to make sure that the sellers are not doing anything illegal and will not make money on the already listed stock. After this holding period, the business is ready to start selling.
Important Things To Know
Before creating an FBA account, you need to register as an individual seller. You can accomplish that by going to the primary seller page. Once you are done with the registration process, you need to create an inventory of products that you want to sell. There is no limit to the number of products which you can list. Learn more from this selling wholesale on amazon Zonbase blog post.
The next step is listing the products on Amazon. To list a product on Amazon, you have to sign up on amazon’s product listing application. After signing up on the app, you need to list your product and make it visible to Amazon buyers.
Keep In Mind
Once you have listed the products on Amazon, the next step is to create an account on Amazon’s Fulfillment By Amazon (FBA) application. You need to apply for this account by filling out the FBA application form and providing all required information. Once you are done with this step, you need to send the package which contains the items for Amazon to confirm your FBA account. After that, you need to pay a processing fee of 5 dollars. After payment, you will receive a code you need to enter on Amazon’s website to complete your application.
After applying for an FBA account and fulfilling Amazon’s requirements, you can start shipping the products. Amazon takes care of the fulfillment of the packages. As soon as the product gets shipped and sold on Amazon, the seller is charged 10% of the sale price. This is called the fee. After fulfilling all the requirements for the FBA account, it is possible to get a commission from amazon on every item sold. The commission amount varies based on the selling volume of your business. Sellers with monthly sales of above 20k get a commission of around 2-3 dollars per item sold. Sellers with monthly sales below 20k get a commission of approximately 1.5-2 dollars per item sold. You can easily make up to 5000 dollars per month by selling just one thing. But if you are new to this, it is better to start selling more than one product.
What is the difference between Amazon FBA and wholesale?
Amazon FBA (Fulfillment by Amazon) and wholesale are two distinct models of selling products on Amazon. FBA is a program where sellers send their inventory to Amazon’s warehouse, and Amazon handles the storage, packing, and shipping of the products to customers. On the other hand, wholesale is a business model where a seller purchases products in bulk directly from a manufacturer or distributor and sells them on Amazon for a profit.
The key difference between FBA and wholesale is the seller’s level of control over their inventory. With FBA, Amazon manages the inventory and handles all the logistics, allowing sellers to focus on marketing and sales. However, sellers have limited control over their inventory and are subject to Amazon’s fees and rules.
In contrast, sellers have complete control over their inventory, pricing, and marketing strategies with wholesale. Wholesale sellers also have more control over their profit margins since they purchase products at a lower cost and sell them at a higher price. However, wholesale sellers are responsible for handling their own logistics, such as storage, packing, and shipping.
Conclusion
After completing all the steps, you will start selling Amazon products on Amazon. You need to fill out the FBA application form, which requires some time and money. If you follow this process and do everything right, you will not have any problems. I hope that you liked this guide on wholesale selling on amazon.
