Working from home may sound like a dream, but it is something that’s possible to do. Those who want to work from home and own a business may opt to sell through an already established marketplace like Amazon to make it easier to find customers and sell products. One way to do this is to become an Amazon seller and use the Amazon FBA program to sell products without the need for a warehouse.
What is FBA?
FBA stands for Fulfillment by Amazon. The way it works, in general, is that sellers ship their products to the Amazon warehouse, then list the items for sale. When the item sells, Amazon will ship the product to the buyer. The seller doesn’t have to worry about storing the products until they sell or making sure they are shipped to the buyer quickly.
Pros and Cons of FBA
FBA is one of the easiest ways for sellers to get started on Amazon, but it has its own set of pros and cons. With FBA, it’s possible to sell a variety of products with the prime 2-day shipping, so customers get what they need quickly. It’s also not necessary to store any products (no additional overhead), so everything can be done at home instead of in a business setting.
However, there are fees associated with selling through FBA. The fees are something to be aware of and they need to be accounted for in the budget. It is also necessary to find the right products to sell. This can take up a fair amount of time and can be difficult to research.
Finding Items to Sell
Sellers can start by selling rebranded products, private label. With this, the seller purchases the products wholesale and then puts their own store name and branding on the product, before selling it on Amazon. Once their branding is added to the packaging, it can be shipped to Amazon’s warehouses and sold through FBA.
Another option for sellers is to create and manufacture their own product. This takes more time and planning upfront, but can result in a strong brand identity and positive exposure and selling power on Amazon.
Selling More on Amazon
Selling products from home is easier when sellers use FBA, but that doesn’t mean they’ll see huge profits right away. They’ll need to optimize their listings and setup their brand store on Amazon, decide on how they will acquire products and what they want to sell, purchase the initial products, and ship everything to Amazon. Then, they’ll need to market their Amazon store and their products to make sure everything sells quickly. All of this can be a lot of work, but it can definitely pay off in the end.
If you’re looking for a way to work from home, selling products through Amazon may be an excellent option. Start thinking about the types of products you want to sell and how you want to acquire the products today. Then, you can sign up as a seller on Amazon and start working on making your store as successful as possible – all from your own home office.