The 4 Biggest Misconceptions About Selling On Amazon

There are a lot of misconceptions about selling on Amazon. Given Amazon’s magnitude, it’s fair that consumers aren’t sure which pieces of information to trust. To find out more, you can visit the Amazon official website. 

1. It isn’t easy to sell on Amazon.

It is not as tough as it may appear to sell on Amazon. Sure, there are a lot of steps to do, but there are lots of tools (both free and paid) to help you along the way, such as seller forums, Facebook groups, and FBA podcasts. Whether you need assistance with product research, bookkeeping, post-purchase follow-up, or PPC marketing, the aid you need is available.

2. You can become a millionaire in a matter of days.

Even though there are numerous Amazon seller success stories, don’t expect to make a significant profit right away. After just 18 months of selling online, half of the 2,500-plus merchants we interviewed were making $10,000 per month, according to a survey done by my company.

So, there are opportunities to sell successfully. You must be patient and persistent, employing the appropriate keywords and enhancing your listing whenever possible.

3. Amazon is now too competitive to sell on.

There’s no arguing that Amazon has become a more competitive marketplace. But don’t be put off by this. There are more merchants than ever before on Amazon, but there are also more buyers.

4. To sell on Amazon, you need to acquire from China.

Although the only suppliers on Amazon maybe Chinese, you are not required to buy from a Chinese supplier to sell on Amazon. There are many other options if sourcing from overseas makes you uncomfortable.

You can also sell on Amazon using alternative business models such as retail arbitrage, wholesaling, dropshipping, or creating your products. These business strategies do not necessitate the same collaboration with manufacturers as private labeling.

5. Create a product that can be sold.

Although Amazon Handmade has a lot of unique, handcrafted items, most Amazon sellers didn’t create the product(s) they’re selling. Look for similar products on Amazon and read their reviews. If you only want to sell over the holidays, don’t put off launching your seasonal goods until the last minute. Before the holiday rush, get your inventory into Amazon and make sure you have enough to earn a profit, even if you run out of stock sooner than expected.

6. Selling on Amazon works in the same way as selling on eBay does.

Although people can succeed on both Amazon and eBay, I believe that sellers benefit more from their experience on Amazon since the e-commerce behemoth goes to greater lengths to ensure that both customers and sellers are satisfied. 

Pricing, availability, and lower selling fees are all advantages of eBay. Consumer trust, product quality, Amazon Prime, and Amazon Fulfillment by Amazon are all advantages that Amazon possesses. There are numerous misconceptions about selling on Amazon. While all of this contradictory information can be perplexing, Amazon offers a fantastic business prospect with a wealth of resources for would-be merchants. It’s worth thinking about whether or not selling on Amazon is right for you.