AMAZON FBA: How to create profitable business

Tips On: How to create a profitable business using Amazon FBA?Thousands of online sellers have trusted Amazon.com as it offers a third-party service called Fulfilment by Amazon (FBA).

Here we will cover the topics:

The Definition of FBA 2015 FBA growth facts FBA service benefits to help seller grow 2016 FBA fee structure change and how sellers should react!

Definition of FBAInstead of having to worry about delivering your customer’s orders in time, FBA will allow sellers to store their products in Amazon’s Fulfilment centers that are spread across the globe.

Once an order is placed in a store, Amazon will pick, pack and ship products.

2015 FBA growth facts More than 1 billion customer’s orders

have being delivered to customers worldwide.

Active sellers confirmed earned growth of more than 50% over the years.

Cross-border sellers using FBA confirmed growth more than 100% over the years.

Amazon sellers from more than 100 countries are said to have fulfilled their customer’s orders across more than 185 countries.

FBA service benefits to help seller grow Expand your product presence

worldwide Don’t miss out on any order Entice customers with multiple

shipping options Get a chance to increase

product visibility on Amazon Adapt Multi-channel Fulfilment

capabilities

2016 FBA fee structure change and how sellers should react!

Below are the changes that sellers should expect in their FBA fees

Amazon has reduced the storage fees for October and increased it in November and December 2016.

What For Sellers?• The increase in the FBA fees may

increase storage costs; however, this strategy would eliminate the chances of sellers to stock Amazon products that aren’t selling well.

• Therefore, for sellers whose products sell quickly should not mind spending behind their inventory storage, despite the change in FBA fees.

Bonus tip for beginner to Amazon FBA ServiceFor Amazon sellers who have yet not adopted FBA for their selling business, you can add Fulfillment by Amazon to your “Selling on Amazon” account by following these simple five steps:

1. Go to Inventory > Manage Inventory2. Select a product you would like to include as an FBA listing by checking the

box next to it in the far left column.3. From the Actions pull-down menu, select “Change to Fulfilled by Amazon”4. On the next page, click the Convert button.5. Follow the directions for creating your first shipment.

At the End: As a new seller you might be holding yourself back by the costs associated with FBA, but using it will surely help you evaluate its main benefits of faster order processing, instant shipping, easy returns, and potentially reaching more customers versus its service fees.

Have a happy selling :)

Source of the information: http://www.orderhive.com/how-to-create-a-profitable-business-using-amazon-fba/