You should dropship on Amazon rather than running your own eCommerce business for a number of reasons. Dropshipping is a successful business strategy that is comparatively easy to launch. You are good to go as long as you put the advice we’ve given you into practice, along with your own diligence and intelligence.There is unquestionably a large potential for sales and income from Amazon Dropshipping. How to get started Dropshippingon Amazon? Read on and know the answer.
How Does Dropshipping on Amazon Work?
Dropshipping on Amazon is the same as Dropshippingon any other platform. The seller’s listing of the product for sale on the Amazon marketplace is the only distinction. The seller notifies their dropship supplier of a customer’s order whenever they receive payment for a product. After that, the product is delivered straight to the customer by the supplier. The producer is in charge of producing the goods, keeping track of inventory, and completing customer orders. On the other hand, the seller oversees the management of the online store by managing all customer-related tasks, including order receipt, order forwarding to the supplier, and customer service.
How Do You Start Dropshipping on Amazon?
The first step is to register for an Amazon seller account. There are two options available on Amazon for your seller account:
- Individual Selling Plan and
- Professional Selling Plan.
Although there is no cost to set up an Individual Selling Plan, there is a $0.99 commission fee added on top of other selling costs for each item that is sold. In addition to other selling fees, the Professional Selling Plan has a monthly cost of $39.99.
The Professional Selling Plan offers more features and benefits, making it the better choice for your dropshipping business. You can use AMZ’s advertising services with the Professional account and sell products in prohibited categories. You must establish your selling account after creating your account. You must enter your company name, address, public contact information, billing information, tax information, and so forth.
Find a Lucrative Product
To sell something on Amazon, you must first create a seller account. The kind of products you sell has a significant impact on the success of your business. The last thing you want is to produce goods that no one will purchase. Consequently, you must choose goods that are in high demand and uncompetitive.
Also, keep an eye out for goods with strong profit margins. At least 100 sales per month should be generated from products with prices between $20 and $35. You must look at a product’s sales rank, also known as the Best Sellers Rank (BSR), to determine how well it is selling on Amazon. On AMZ, you can perform a product search and click on one of the results to access the product page. The BSR can be found by scrolling down to the product details/information section of the product page.
Start out with straightforward, low-maintenance products if you are a beginner. Office Products, Beauty and Personal Care, and Home are excellent categories to shop in for low-maintenance items. Selling consumables or disposables that are frequently used and are more likely to be reordered is another option you should think about.