Are you considering finally kicking off your business and becoming an Amazon Seller?

Well, now is the time to take that leap of faith. Amazon has just dropped a New Incentive Program specifically targeting New Amazon Sellers. 

Let’s dive into the details!

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What is an Amazon Seller?

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An Amazon seller is an individual or business entity that sells products on Amazon's platform. These sellers can range from individual entrepreneurs operating from home to large corporations. They list their products on Amazon's website, and depending whether they are FBA or FBM they may handle inventory, fulfill orders, and manage customer service. Amazon provides various tools and services to help sellers optimize their listings, manage their inventory, and reach potential customers. Sellers can choose between different selling plans, such as individual or professional accounts, depending on their sales volume and business needs.

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What the heck does FBA and FBM mean?

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Fulfillment by Amazon (FBA):

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Imagine having your own team working tirelessly behind the scenes to handle storage, packing, shipping, and even customer service. That's essentially what FBA offers Amazon sellers.

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Storage & Logistics: With FBA, sellers send their products to Amazon's fulfillment centers. Amazon then takes care of storing the inventory in their warehouses, picking, packing, and shipping orders to customers when they are placed.

Prime Eligibility: FBA products are Prime eligible, which means they qualify for Amazon Prime's fast and often free shipping, making them more appealing to Prime customers.

‍Customer Service: Amazon also handles customer inquiries, returns, and refunds related to FBA orders, relieving sellers of these responsibilities.

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Fulfillment by Merchant (FBM):

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FBM, on the other hand, gives sellers more control over the fulfillment process but also entails more hands-on work.

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Storage & Shipping: With FBM, sellers retain control of their inventory and handle storage and shipping themselves. They store products in their own facilities or use third-party logistics services.

Prime Considerations: While FBM doesn't automatically qualify for Prime, sellers can still offer fast shipping options to customers. However, they need to manage this aspect themselves, which may require additional effort and cost.

Customer Service: Sellers are responsible for handling customer inquiries, returns, and refunds directly, which can be both a blessing and a challenge. It allows for more direct interaction with customers but also demands more time and resources.

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In essence, the choice between FBA and FBM boils down to convenience versus control. FBA offers convenience and scalability by outsourcing most of the logistics to Amazon, while FBM provides more control over the fulfillment process but requires greater involvement from the seller. Ultimately, the best option depends on factors such as the nature of the products, business goals, and logistical capabilities.

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So, why should you become an Amazon Seller right now?

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Besides the fact that selling on Amazon opens up a world of opportunities and allows you control over your business and life, the incentive to begin selling today are unmatched. 

According to Amazon’s website new sellers can get started with up to $50,000 in incentives. You must be wondering, “Amazon wants me to sell that badly?” The answer to that is yes, they really do and the reason for that is third party sellers like yourself make up the vast majority of sales that occur on Amazon. So, when you make money selling on Amazon, they do too - talk about a win-win situation.

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New Seller Incentives

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• 10% back on your first $50,000 in branded sales, then 5% back through your first year until you reach $1,000,000
• $100 off shipments into the Amazon fulfillment network using the Amazon Partnered Carrier program
• $400 credit for inbound placement costs
• $50 credit to create Sponsored Products or Sponsored Brands ads

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There has never been a better time than now to start that Amazon business you keep dreaming about. Amazon makes it easy for you to thrive in their marketplace.

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Why selling on Amazon is the best for business:

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They already have a huge audience:

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There are hundreds of millions of worldwide active customer accounts. That means you do not have to strategize to draw your audience in…they are waiting for you. There are more than 200 Million Amazon Prime Members worldwide. No longer do you have to spend time or money on customer acquisition, Amazon did that for you!

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Connect your brand to millions of customers: 

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You are in control of how your customers experience your brand - from discovery to your dedicated storefront page, you can craft a memorable experience to bring in repeat customers. Amazon customers who follow a brand spend twice as much as non-followers.

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The scale is unmatched and there is no cap:

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Amazon customers are buying about 7,400 products every single minute. You can build, scale, and grow your business with no end in sight. The sky is truly the limit in this virtual marketplace.

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Amazon wants you to succeed:

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Amazon provides 1:1 seller support to ensure that your business thrives in their marketplace. They will protect your brand with powerful tools preventing counterfeits and fraud, monitor performance metrics, and ensure top-tier service.

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In wrapping up, diving into the world of Amazon selling is like stepping into a bustling marketplace with endless possibilities. It's not just about making sales; it's about crafting your own path to success, fueled by your passion and drive. With Amazon's vast audience, user-friendly tools, and support systems, you have everything you need to thrive in the competitive e-commerce landscape. So, if you've been on the fence about starting your own Amazon venture, now's the time to take that leap of faith. Embrace the journey, learn from the challenges, and savor the victories as you carve out your place in the exciting world of online entrepreneurship. 

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