Here are the top 10 tips for selling wholesale on Amazon:
1. Research the market: Before starting to sell wholesale on Amazon, it’s important to research the market to ensure that there is demand for your products and that you can compete with other sellers.
2. Find reliable suppliers: Finding reliable suppliers is crucial for success as a wholesale seller on Amazon. Make sure to carefully vet potential suppliers and choose those with a track record of providing high-quality products and good customer service.
3. Create a professional seller account: To sell wholesale on Amazon, you will need to create a professional seller account. This will give you access to features and tools that are not available to individual sellers, such as the ability to create and manage product listings in bulk.
4. Set up your inventory: Once you have your professional seller account set up, you will need to set up your inventory. This involves creating product listings, setting pricing and shipping options, and managing your stock levels.
5. Use Fulfillment by Amazon (FBA): Fulfillment by Amazon (FBA) is a program that allows you to have Amazon fulfill and ship your orders for you. This can save you time and money and can improve your customer service and delivery times.
6. Optimize your listings: To attract customers and increase sales, it’s important to optimize your product listings on Amazon. This involves using keywords and high-quality images to make your listings more visible in search results and more appealing to customers.
7. Monitor and manage your prices: As a wholesale seller on Amazon, you will need to monitor and manage your prices to stay competitive and maximize your profits. Consider using repricing tools to automate this process and ensure that your prices are always up-to-date.
8. Provide excellent customer service: Providing excellent customer service is crucial for success as a wholesale seller on Amazon. Respond promptly to customer inquiries and concerns, and make sure to resolve any issues quickly and to the customer’s satisfaction.
9. Track and analyze your performance: To continually improve and grow your business, it’s important to track and analyze your performance on Amazon. Use tools like Amazon’s performance dashboard to monitor your sales, customer feedback, and other metrics, and use this information to make adjustments and improve your business.
10. Follow Amazon’s rules and guidelines: Amazon has a set of rules and guidelines for sellers to follow. Make sure to familiarize yourself with these and to comply with them at all times to avoid any issues and maintain good standing with Amazon.
Special Offer
GETIDA (GET Intelligent Data Analytics) is a powerful software tool that examines the previous 18 months of inventory management transactions to flag errors eligible for FBA reimbursement. It is free to run the report.
It’s also free for a GETIDA team composed of former experienced Amazon employees to file and follow up on reimbursement claims on your behalf. The only charge is a percentage of claims that are approved. And the first $400 of FBA reimbursement is free without charge.
Given the time and effort, GETIDA saves you so you can focus on running your business, it’s a small price to pay to recover potentially substantial reimbursement of FBA errors likely to occur while handling your inventory management.
