Amazon is the most popular online shopping website. Amazon provides many opportunities for people to make money online. One of those opportunities is Amazon FBA Private Label Selling.
Amazon FBA Private Label Selling is a type of business model where you find products that are not branded and private label them under your own brand. You then go on Amazon and sell your products through their platform. Amazon will fulfill the order for you, which means they will ship the product to your customer on your behalf.
The reason why this business model is so simple is because it allows you to take advantage of Amazon’s popularity, which will give you instant credibility with customers as well as their large network effect and shipping infrastructure that can help you grow your company quickly.
The FBA program is designed to make life easier for sellers, who don’t have to worry about the tricky day-to-day tasks of running anAmazon FBA private label business.
The process can be broken down into 4 steps:
Step 1: Get an Amazon Seller Account
You will be selling your products on Amazon.com, so you will need an Amazon Seller account. You can start this process by going to https://www.amazon.com/selling and clicking the big yellow button that says “Start selling.” Of course, you will need to provide your business information, such as your name and address, and tax information such as a Social Security number.
Step 2: Find a Product to Sell on Amazon and Purchase it
Once you have set up your account, it’s time to source products. In other words, you need to find things to sell on Amazon. You can do this in two different ways – private label or retail arbitrage. With private label products, you find a manufacturer and sell their product under your own name or brand. One of the most popular ways is to find a hot-selling product on Amazon and then contact the manufacturer directly for pricing information or locate a similar item through other reliable online marketplaces.
Another way is to use Amazon’s Brand Registry service, which allows you to find a manufacturer who already has an existing product that is similar to something you want to sell.
Step 3: Ship your product to an Amazon Fulfillment Center.
The third step is getting your products onto Amazon’s warehouse shelves so that they can be sold. If you are selling private label products, you will ship them in bulk to an Amazon fulfillment center. Once there, the products will be scanned into Amazon’s inventory and stored on the shelves until a customer buys them. When this happens, Amazon picks and packs the product, handles the shipping and customer service, and sends you the profits from the sale.
To get your products ready for shipment to Amazon, you need to follow FBA’s “prep requirements” for shipping. These requirements include a number of things you need to do to your products before sending them to Amazon, including labeling them with bar codes and price stickers. The exact list of prep requirements changes frequently based on new regulations and policies. You can do your research to find a current list of prep requirements.
Step 4: Wait for the Sales to Roll In
The fourth step is the easiest – just sit back and watch your sales grow. When you first start out, it may seem like you are taking a leap of faith. But once you have customers buying your products, you will be in a better position to adjust your strategy based on what is working and what is not.
This is where you can go beyond the scope of this guide and find more advanced strategies for increasing private label sales volume and profits. But for now we are happy to say that you now know how to make money with Amazon FBA private label selling.