How To Start Business On Amazon? Start Working From Home

Business On Amazon: Everyone has heard of Amazon, and many people can do business with it. Lakhs of sellers create their accounts on its website and sell online. Through this, anyone can sell their products anywhere; you just need to have all the products in the right quantity. But, to start it, people should have complete information. Through today’s article, we will tell you how to do business on Amazon and earn lakhs every month from it.

For this business, you must have the necessary documents and can complete the process through the website or app. We will tell you the complete steps and also give tips about some special precautions. Read this article till the end and start your business with Amazon.

What is Amazon?

When we hear the name of this company, the first thing that comes to people’s minds is the shopping platform. But, let us tell you that Amazon is active in not just one but many businesses. Amazon is an American electronic commerce and cloud computing company. It was started by Jeff Bezos on July 5, 1994, it is number two in the whole world.

It started as an online book store, after which it also started providing services of video download, streaming, MP3 download, audiobook download, software, video games, etc. It further established its dominance in shopping sites, the demand for which remains today. Now this company has also started a Kindle e-book, a Fire tablet, a Fire TV, and other products. It has millions of customers around the world and can be used in about 20 languages.

How does Amazon do business?

In simple language, Amazon works like a bridge, which connects sellers and customers. Every day, lakhs of people come here and buy many goods. People become sellers and sell their products to those customers.

Whenever someone orders a product, its information is given to the seller through the dashboard. The seller packs the ordered product, and Amazon’s logistics partners take it to you. When your product is delivered, you will have to wait a few days for payment.

Only when the customer does not return the product, does the company take its commission and make the final payment to you. If a customer returns your product, you don’t get paid. This company also provides you services ranging from creating an account to earning money.

What Are the Benefits of Doing Business on the Amazon App?

You can get many benefits from doing business with Amazon, Due to these reasons, most people are starting their businesses here. Here, we will tell you in detail about all those benefits.

• You will find a lot of customers in one place to sell.
• If you do offline business, you have to work hard to get customers.
• At the same time, without any hard work, you get millions of customers on Amazon, who will like your product and order it.
• There is no need to give any advertisements for your product.
• Amazon itself provides all these tasks, you just have to pay some commission for these services.
• If you do not want to pack the product yourself, Amazon also provides this service. This company is responsible for everything from packing to its safe delivery.
• Amazon also provides customers with the facility to make online payments.
• With this, you can be safe with your money and can also avoid fraud in offline payments.
• Along with the selling facility, other facilities are also provided to the seller.
• You can see where your product is and when it will be delivered.
• Amazon itself calculates how much money has been given to you.
• Your time is also saved, and you also get many profits.

How To Do Business On Amazon? Follow Every Step

Now we will tell you how business is done on this platform. Watch each step and follow them; through these, you can start your business on Amazon.

1. Choose Your Business Name 

• Choosing a business name is the first step in business planning, it should be unique.
• By providing good service, the name of the company will reach more people, and its identity will increase.
• While registering the business, it also has to give its unique name, not like any other.

2. Get The Necessary Documents Made

• Documents required for selling on Amazon: GST, Bank Account, Email, Business License, Trade License, Mobile Number, Excise Duty, Service Tax, etc.
• Papers required to get it made from Municipal Corporation: PAN Card, Aadhar Card, etc.

3. Complete The Registration Process

Once you have prepared all the documents, you can easily complete the registration process. For this, some steps have to be followed, about which we are going to tell you.

• Open the official Amazon website and complete the registration process.
• Click on “Create a New Account on Amazon”, and enter your mobile number and email ID.
• Sign in, and enter your company name.
• Provide the store name, address, and product information, and enter the PAN card and GST number.
• Select “Product to Sell” and click on “Start Listing”.
• Search the product catalog, and enter the bar code or name.
• Fill in the price, features, and shipping information, and click “Save and Finish.”.
• Fill in the remaining information through the selling dashboard, and enter the digital signature.
• Click on “Launch Your Business”, and start your business now.

4. Adopt Methods Of Selling The Product

You can adopt many methods to sell products on Amazon. You have to find a method among them that will be convenient for you. You will also have to take care of your budget so that there is no money problem.

Rate Arbitrage-

• In this method, you can buy products from local retailers and sell them directly on Amazon.
• This is best for those who cannot invest much.
• You will also have to work hard in this because you will have to find cheap goods that you can sell online by increasing your income.

Wholesale seller-

• Retailers buy goods from them at half the price, you will also have to contact them and buy goods at cheaper prices.
• You can buy goods from them only when you have capital in lakhs.
• Wholesalers often sell products in larger quantities.

Manufacturing Company-

• You can get the cheapest stuff directly from the manufacturing company.
• You can buy White Level products and list them in your account by giving your brand name.

5. Delivery The Goods

Now you have to work on delivery, for this, you can find different methods. Choose whatever suits you best.

• In Amazon’s merchant program, the packing and delivery of goods will be your responsibility.
• It’s cheap, but it has to be given from time to time.
• When dealing with a drop-shipping company, there is no need to worry about storing and delivering goods.
• You will have to enter into agreements with marketers, wholesalers, or manufacturing companies.
• They will handle the delivery of your orders.
• In Amazon’s FBA program, goods need to be purchased and delivered to Amazon.
• Amazon’s team will handle the responsibility of packing and delivering the goods.

6. Keep Managing Your Account

• “You need to manage your account from time to time, and install the Amazon Seller App.”
• “View the orders from there, keep an eye on the current status of the product.”
• “When adjusting prices, answer buyers’ questions carefully.”

7. Marketing From Other Platforms

• Amazon markets your products, but it also relies on advertising.
• Their advertisements appear on various platforms, such as social media and television.
• Despite this, you can share your product link on social media.
• You can also inform your acquaintances about it through WhatsApp.

How Much Profit Can You Get From Doing Business on Amazon?

• How much profit you will get from this app can be decided by the product you choose.
• On Amazon, you can sell all types of small and big things like clothes, makeup products, shoes, decoration items, utensils, TVs, fridges, etc.
• If you sell small products, you can earn profit in thousands every month.
• On the other hand, if you sell electronic equipment, you can earn profits in lakhs.

Keep Special Things In Mind At The Time Of Product Delivery:-

Whenever you sell a product through such a platform, you should keep some special things in mind. Some fraud may also happen to you, we will warn you about those only. Let us discuss all the points in detail.

• Provide photos and videos of a product to the logistics partner, to avoid adverse customer confusion.
• Ask for delivery proof to avoid a refund being accepted by mistake.
• In case of any discrepancy, complain to the delivery staff and contact them strictly.
• Pack glass products carefully to reduce the chance of breakage.
• IEC code may be required to ship the product overseas.
• Select quality products, buyers should be self-satisfied and confident in you.
• Be vigilant in maintaining product quality, and enhance customer trust.

Conclusion:

We hope that you have understood the entire step and that all the doubts have also been cleared. We have put all the information before you with all our hard work, if you have any other questions, please ask us. Today you were told how to do business on Amazon and also shared about its benefits. If you want to read similar posts, then stay connected with us. Subscribe to this page today for new business ideas every day.