How to make money on Amazon easily

One of the most prominent benefits of the spread of the Internet is the opportunity to take advantage of the many online platforms that are created as a marketplace to make starting your business fast and easy, without the need to create an online store website.

The most powerful online selling platform by far today is Amazon, accounting for nearly 39% of all e-commerce retail sales in 2020 with profits of more than $260 billion.

One of the more subtle features of Amazon's business model is that it allows people to sell products on its site, which means you can take advantage of the huge reach and influence of that brand name to sell your products without a website or inventory, just making sure you send potential buyers to your Amazon page. .

How to start selling on Amazon:

Once you've made the decision to sell your products on Amazon, you'll need to create a seller profile, add your products, and attract customers. Don't worry, Amazon has guides to walk you through each step, but you can expect the following:

Choose a payment plan, either via each individual sale, or as a subscription model.

Determine your strategy, whether selling your own products or reselling others' products.

Define your domain and detail payments via your seller account.

Add your products with detailed descriptions and any required technical specifications.

Setting prices and attracting customers.

Then you have to become an Amazon FBA seller, this means that all your orders are "Fulfilled by Amazon" in other words Amazon handles all shipping, delivery and if necessary returns, refunds or exchanges.

Simply send your items to an Amazon warehouse near you, and then every time someone places an order, the warehouses act as a medium to receive and ship the order for you, allowing you to focus on marketing.

How to make money selling on Amazon:

Although Amazon makes selling easy, you still have to work to make your products sell, so in order to make good money as an Amazon seller, there are a few things to keep in mind, including:

1- Be a good marketer:

You cannot simply list your products on Amazon and then wait and hope that enough buyers will find them, you must market your products on social media, on your blog, via email, or any other method you see fit.

You may also integrate tools and applications designed to enhance user interaction with your products, such as chatbots or surveys, and you must create a social media account unique only to your product, and act on them to attract buyers through contests or promotions.

2- Choose what buyers are interested in:

Sell products that people are already interested in, and if your offerings fall into one of the popular categories on Amazon, you may have a head start in finding the right audience, but if your product is ambiguous you may be able to improve its sales by associating it with a more popular category.

For long-term success, remember that it is a good idea to stay in a large major market that will continue to be in demand for years to come, and focus on products in markets that are always strong, such as: weight loss, natural health, consumer electronics, baby items, and more.

3- Know your competitors:

It's always helpful to know what your competitors are doing on Amazon, by learning how they price their products, what type of marketing they use, how they present and describe their products, and how often they introduce new products.

A great way to do market research, especially on Amazon, is to read both positive and negative customer reviews. Which allows you to discover what buyers dislike and like about certain products, then make sure you meet those needs and avoid risks.

4- Don't focus on one product.

If you want to earn a lot of money you will have to expand to sell a full range of products, after studying the market well to see what products are popular or creating additional products or accompanying the main product.

It is also important to focus on annual holiday seasons such as: Black Friday and Cyber Monday to make more profits, but before that make sure you have enough stock to handle the expected flow of orders.

You can also join the Amazon Associates program that allows you to embed affiliate links on your products, so when someone buys your product you not only get profit from that sale but also referral commission.

Finally, selling on Amazon is a great way to start an online business without spending a lot of money, as you can let the company do all the hard work and devote yourself to marketing to build your brand.