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Selling on Amazon Overview

Jul 2, 2024

Overview of Selling on Amazon

Getting Started

  1. Create a Selling Account
    • Visit sell.amazon.com
    • Sign up and create an Amazon account
    • Provide personal and business information
    • Confirm email and phone number
    • Complete billing information
  2. List Products
    • Match existing products or create new product detail pages
  3. Fulfill Customer Orders
    • Use Fulfillment by Amazon (FBA) or Merchant Fulfilled Network (MFN)
  4. Receive Payment
    • Sales proceeds will be transferred to your listed bank account

Maintaining Good Account Health

  • Customer Service Performance: Keep a low order defect rate (ODR)
  • Amazon Policy Compliance: Follow all Amazon policies
  • Shipping Performance: Ensure on-time shipments

Tools and Programs

  1. Amazon Brand Registry
    • Provides access to additional selling benefits and protections
    • Requires a brand name/logo and a registered trademark
  2. Fulfillment by Amazon (FBA)
    • Amazon handles storage, packing, and shipping
    • Eligible for Amazon Prime free two-day shipping
  3. Deals and Coupons
    • Promote products using Lightning Deals, seven-day deals, and coupons
  4. Sponsored Campaigns and Ads
    • Types: Sponsored Products, Sponsored Brands, Sponsored Display
    • Pay-per-click advertising
  5. Growth Opportunities Page
    • Customized recommendations to increase sales

Setting Up Your Selling Account

Account Registration

  • Visit sell.amazon.com, click Sign Up, and create your Amazon account
  • Verify email and phone number
  • Enter business type, business name, and address
  • Provide payment details: bank account and credit card information
  • Complete identity and store verification

Seller Central

  • Dashboard for managing listings, inventory, advertising, and reports
  • Sections for Performance, Inventory, Orders, and more

Common Selling Processes

Enrolling in Amazon Brand Registry

  • Protect brands with tools like Stores, A+ Content, Sponsored Brands
  • Requirements: active registered trademark, brand name/logo
  • Visit brandservices.amazon.com to enroll

Listing Products

  • Match Existing Products: Use UPC, ISBN, EAN, or JAN
  • Create New Product Listings: Enter product details, upload images, set price

Fulfillment Methods

  1. Merchant Fulfilled Network (MFN)
    • Ship directly to customers, manage customer service, returns
    • Adjust shipping settings: regions, service levels, shipping fees
    • Use shipping, returns, and performance metrics: Late Shipment Rate (LSR), Pre-fulfillment Cancelation Rate (CR), Valid Tracking Rate (VTR)
  2. Fulfillment by Amazon (FBA)
    • Amazon stores, packs, and ships products
    • Register for FBA, convert existing MFN products
    • Use Send to Amazon workflow for shipping inventory

Account Health Dashboard

  • Order Defect Rate (ODR): Maintain under 1%
  • Policy Compliance: Avoid violations of intellectual property, authenticity, etc.
  • Performance Metrics: LSR, CR, and VTR targets

Advertising and Promotions

  1. Deals and Coupons
    • Lightning Deals, seven-day deals, and coupons
  2. Amazon Vine
    • Get reviews from Amazon-invited reviewers
  3. Sponsored Ads
    • Sponsored Products, Sponsored Brands, Sponsored Display
    • Pay-per-click, set bid for maximum amount per click

Managing Customer Reviews and Feedback

  • Provide accurate product descriptions
  • Package products to prevent damage
  • Ensure timely shipping and valid tracking
  • Monitor and respond to customer feedback
  • Use the feedback manager in Seller Central for comments

Conclusion

  • Explore more training in Seller University for in-depth guidance on each topic.

Thank you and happy selling on Amazon!