Frankly, Amazon offers such an excellent customer-penetrating marketplace. With its ever-rising opportunities, you can sell almost anything on the marketplace. In fact, thousands if not millions of Amazon sellers have been able to build successful businesses via this platform. They have been able to master the fact that efficient product visibility, pricing, and quality customer service are some of the things that give an edge to sellers over their competition in the market.
So, you have decided to sell a product or service on Amazon? Congratulations! You never know, it could be a game-changer for your business. However, when deciding to start selling on Amazon, you want to make sure that you start on the right footing because failing to plan is planning to fail. Remember, merely being on the Amazon platform may not reap you profits you want… you will need more than that. You have to be equipped with the right tactics for you to be an Amazon pro seller while keeping up with the constantly shifting industry needs.
Without further ado, here are some tell-tale tips that Amazon sellers could benefit from. Read on!
1. Do a Thorough Market Research
Frankly, whether we like it or not, the rules of online selling will always keep on changing. Different kinds of products will be doing well at different periods. Therefore, as an Amazon seller, you will have to analyze the market trends of the bestselling products from both Amazon as well as other online selling platforms. Thereafter, that’s when you can ascertain whether there is a market gap to fill or not. Still while doing your market research, you may come across an opportunity that is not well catered for and capitalize on it. In a nutshell, when selling any product on Amazon, conducting extensive product research is the key primary part of the success strategy.
2. Follow Amazon’s Rules
Here, you will have to abide by Amazon’s regulations. It is as simple as that, there is no other way around it. Amazon’s rules help ensure a safe market environment for everyone to thrive in. If you want to run a successful business on Amazon, avoid playing tricks aimed at taking advantage of Amazon and keep up to date with their policies. Failure to follow the rules could get your seller account penalized or even fully suspended. Legal author John DiGiacomo says that getting your account back is possible, but the process usually takes time. Depending on the reason your account was banned, some things you can do to recover it include:
- Appealing the suspension by offering a remediation plan
- Sending complaint withdrawals and retraction notices to complainants/customers
- Seeking legal help
3. Use Professional Product Images
Let’s face it; a single image can say a thousand words or even more. Therefore, if you want to excel as an Amazon seller, avoid uploading product photos you had taken long ago using your old phone. Hire a professional photographer to take high-quality, fresh, and professional photos of your products before posting them on Amazon. That way, you build a strong trust with your consumers. Most importantly, it shows that everything you do is high-professional, and you never cut corners in your business dealings.
4. Optimize Your Product for SEO
Signing in to Amazon, uploading product images, and describing them isn’t still enough. If you’re serious about widening your market share, SEO is instrumental. You need to make sure your products rank on the first pages when searched on Amazon. If need be, you can hire an SEO expert to work on areas such as choosing SEO product keywords, creating product titles, and optimizing descriptions. Additionally, for those dealing with a broad portfolio, it pays off hugely to invest your resources into profitable products.
5. Your Prices Should Be Competitive
Honestly, when selling on Amazon, how you price your product matters. Many Amazon sellers go wrong on this one. You must be keen enough not to go too high and scare off your customers or go too low and play yourself. Additionally, ensure you check with Amazon’s Algorithmic pricing to price your items, especially when selling items that are not unique.
6. Work Only with Reliable Suppliers
To run a successful business on Amazon, you will need to maintain a sustainable supply chain for your clients. Nevertheless, that can’t be possible if your suppliers are shaky. As an Amazon seller, you will need to strike a good balance between the demand and supply elements of your business. So, find suppliers who can provide the best products and quality packaging cost-effectively. Also, it is crucial to inspect the items to make sure consumers get exactly what they had ordered. This helps avoid tinting your Amazon business reputation.
Some people may think that selling on Amazon is for making some money on the side. However, the truth of the matter is that when done right, you can actually make a full-time career as an Amazon pro seller and reap enormous profits. The top tips offered in this article will be hugely helpful. Best of luck!