3 Things to Know Before You Start Selling with Amazon
When it comes to selling the products your business offers, you’re far from limited to just selling things from a business website. There are a lot of different platforms you can use in addition to your website to sell your products. Amazon is a very popular option with many businesses. If that’s something you’re interested in pursuing, there are some things you should know first.
Marketing Still Matters
To successfully sell products on Amazon, all you have to do is create a listing and wait for the sales to come in, right? Well, no, not really. You can take that approach, but it’s not likely to do much for you. It’s still important to market your listings and take steps to make sure you show up on search results. The keywords you use in your listing can make a difference here. Think about what customers might search for if they were looking for your products. Find places to include those words in a natural way throughout your product listing.
You Need to Be Competitive
It’s pretty much a guarantee that you aren’t offering a product that is 100% unique. Because there will be other similar products listed by other sellers on Amazon, you need to take steps to make sure you stay competitive. How you price your goods is one of the key factors in being competitive. Price them too low and you won’t be making much from your sales. If you price too high, Amazon may drive customers to other sellers by removing the buy box. Because of how much easier it makes shopping for customers, losing out on the buy box could do some real damage to your sales volume.
Reviews Can Make or Break You
Your pricing isn’t the only thing you need to be concerned about to remain competitive. An overwhelming majority of consumers rely on reviews to guide them in their decisions to make purchases. Positive reviews can encourage people to buy from you, while negative reviews often have the opposite effect. If you don’t have many reviews, consider asking your customers to review your products after they are received. Keep in mind that Amazon prohibits sellers from asking specifically for positive reviews, only asking for reviews from satisfied customers, offering compensation for the review, or asking customers to change or delete their review.
Knowing what you’re getting into before you get started with selling on Amazon can greatly increase your chances of success. Remember that you’ll still need to market your products and listings, that it’s vital that you stay competitive, and that reviews are critical to your success. As with any business strategy, expect to spend time, energy, and money on it before achieving your desired results.