If you have been searching for the best place to know about how to start your ecommerce business on Amazon, then we have got you covered in this article.
Look out for our simple road map and listing on how to build your ecommerce business on Amazon.
Ecommerce is on riot over the years and will be ruling the industry forever, there is no going back to no online shopping days. With lots and lots of eCommerce stores popping up here and there, Amazon on another hand, keeps its pace and ranks as the most cited online shopping site by people worldwide.
What is Ecommerce Business?
An ecommerce business is selling your products over the internet. The products are listed on a selling platform where the customers can select the products of their choice without any disturbances while shopping.
There are varied types of ecommerce businesses. But the prominent ones are,
Business to Business (B2B)
Business to Customer (B2C)
Customer to Customer (C2C)
Customer to Business (C2C)
History of Amazon
Amazon is the leading ecommerce platform with a huge customer base worldwide. Amazon started as early as 1994 in Bezos’ garage in Bellevue, Washington as an online book store. Then they expanded their business to sell products other than books like music, movies and much more.
Later they included much more products like toys, clothing and home appliances. Much development was made in the year 2007 were they introduced Kindle as e-reading which facilitated reading books online, electronically. Then they made third-party sellers to sell on their platform which boosted the business and marketing for Amazon.
And in the year 2017, they entered into food industry selling grocery products. And also introduced Alexa. And even during a pandemic, their usage and customer base increased due to the demand and needs.
Why It Is Advisable To Start Your Ecommerce Business?
As ecommerce is growing steadily over the years and has been a successful place for many people to reach their dream by building their businesses from scratch to success. It has been the best place for many entrepreneurs to initiate their businesses and later venture out into successful business magnets.
But why do you have to start your ecommerce business?
If you are looking for a way to earn more income.
To sell your products globally.
To expand your customer base.
Work anywhere and sell your products.
How to Start Your ecommerce Business?
Building a business from scratch is a hectic process. However, discover the road map to start an ecommerce business on Amazon with these steps.
You must have looked for the products and must have planned what to sell. But before setting out in full stretch, do follow these things.
Do your research
Source the products
Choose the online platform
Market and Promote your business
How to Start Your ecommerce business on Amazon?
First in order to start your ecommerce business on Amazon, you have to become a seller on Amazon.
And for that,
You will need the following things to register
Business details
Contact details such as email and phone number
Basic information about your business like the type of product you are selling and much more.
Tax Registration details like PAN card and GST number,
GST is important and mandatory for your products.
Then you have to list your products
To list your products is also important and for that, you can use a web-based interface to list your products. You can list it one by one or you can choose excel based inventory files to list all your products. The process timing may vary depending on the product catalogue that is present in the platform.
After registering as a seller on Amazon you will be guided to this step to list your products. You can learn how to list your products so that you don’t need to worry about how to do that.
It is important to have ISBN numbers and bar codes to list your products on Amazon. If you are a manufacturer of a product and if you don’t have any of these things then you can request an exception to seller support. You can do this and reach seller support through your seller central account. Not much but some products might need more information than other products, so just add all the details while listing your products.
After that, you have to manage your account
Now that you have become a seller, and given all the details and listed your products then comes on how to manage your account. This step is crucial as you have to view your orders and manage them through the “Manage Order.” You will have access to your seller account so that you will get to know the orders you receive.
If you have been using Amazon’s fulfilment your orders will be taken care of them. If you want to do it on your own then you have to pack your orders and schedule pickup of the products by the Amazon team. If you choose to deliver your products on your own then you have to pack the product and ship it to the customer and have to confirm the details with the customer and shipment process as well on the seller account.
And that’s it. This is how you can start your ecommerce business on Amazon. It seems simple, though it is, yet it comes with lots of processes. It takes time to manage everything and process it all. But in time when your products hit the market and demand more supply and you get the revenue it all be worth it.
Wrap Up
These are the important things that you have to consider while starting an ecommerce business on Amazon. Do your research, have a clear idea of how you are going to execute them and then keep in charge to manage your products. Once you get it you will learn a lot. And after that, there are certain metrics to track your sales and business which will be very much helpful for your business.
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FAQ
What is an ecommerce business on Amazon?
An ecommerce business on Amazon refers to selling products or services through the Amazon platform. You can create listings, manage inventory, and fulfil orders using the online platform.
How do I start selling on Amazon?
To start selling on Amazon, you need to create a seller account on Amazon Seller Central. Choose between an Individual or Professional selling plan, provide the necessary information, and agree to the terms of service.