How to sell on amazon? Amazon Drop Shipping Complete A to Z information & specialized training lesson.

How to sell on amazon? Amazon Drop Shipping Complete A to Z information & specialized training lesson

Amazon Drop Shipping Complete A to Z information & specialized training lesson. How to sell on Amazon?

  How to sell on amazon?

(Go to seller central after you have finished readings)

  How to sell on amazon? Amazon Drop Shipping Complete A to Z information & specialized training lesson.

(It is better to take a cup of coffee to continue reading)
Key word> the customer search for a product using the word is called a keyword,

How to sell on amazon? Amazon Drop Shipping Complete A to Z information & specialized training lesson

DROP SHIPPING
Drop shipping is, where an online seller sells other's products without having any inventory in hand. The drop shipper uses tips & tricks to make his e-business profitable. Please read this article in full & hopefully you would be able & ready to work at Amazon when you have finished reading.
     Keep in mind the profit of 30% to 50% is sufficient
     Amazon New Seller Account is get paid in 15 days (approx.)
     Amazon deducts Commission+ Referral Charges+ withheld some amount because the purchaser may claim a refund.
     The cash flow runs around 15 day period.
     Drop shipping is FBM Model.
     For a new account holder, 15 days are very important for cash flow.
     Amazon New Account has much more chances of suspension in the first 6 months.
     Customer services are very important & keep an eye on account Health.
Account Sign-up
Amazon USA> is the best marketplace to start with> Sales Tax is deducted by Amazon itself.
Amazon gets 2 payment methods:
1.     Deposit method> where Amazon pay you profits.
2.     Charged Method> where Amazon charge you account-keeping fees of $ 39.99 per month.
3.     It is better to sign up for professional, if possible with your company details.
PRODUCT HUNTING
Product hunting formula:
1.     High demand
2.     Low competition
3.     Profitable
Short tail keywords: one or two words> for example drops/eye drops
Long tail keywords: three are more words e.g. safe eye drops/ kids eye drops.
The key word is searched more (Search Volume) has a high demand.
Product Search criteria:
     Product size: should be less than around 0.5 kg
     Dimension: Should be 5 inches to 6 inches
     Shouldn’t be fragile product> glass, electronics items, food items, a certificate is required (Kids items or foods items are required certification).
     Shouldn’t be a product with variation e.g. blue wallet, black wallet, red wallet (avoid) should be like (just) a wallet.
     The competitor rating should be 4.5 or higher.
     Should be Patent or IP (Intellectual Property) free.
     Avoid selling trendy products & seasonal products e.g. Christmas cards.
     Avoid selling fashion products, fashion can change rapidly.
     Avoid dangerous goods, liquids, Batteries etc.
     Must not be brand dominant. ( Cannon Camera)
     Avoid FBM dominant products.
     If other sellers are selling a product as FBA, you should avoid FBM it might not be profitable.
     Avoid if a product is losing its value, it was listed at $ 20 but now has dropped to $ 9.
     Personnel items should be away, Women's products should be avoided, the women can change their minds sharply. An item for both men & women can be considered to sell.
     Check if the product has too many refund requests in its history (avoid).
     Keep away the electronics & garments products.
     25% to 35% is a good profit.
     Private label products: find a product which can be sold for 1 or 2 years.
     For drop shipping products must be for the short term.
     If you want to search for a product in a specific country, you must first change your IP or use VPN then desirable results can be attained. Change the postal address on the amazon website as well.
     The product should be lesser 10000 or less, this can be sold very quickly.
     Avoid choosing a product having 3 or fewer sellers try with more than 6 or more sellers.
     Buy Box can be granted by amazon where rating+++ plus Age of your account Plus orders received is higher.
     If a brand is selling by itself avoid this product.
     If Amazon is selling, id out of stock avoid this one as well.
     Don’t take part in Price War products.
     If 5 or more people are selling a product it is a drop shipping-friendly product, other products by the sellers can be taken a look at.
     Copy ASIN & add it to the list if amazon says “Sell This Product” avoid this product, if it says need approval, apply for approval this is a good product to sell as a drop shipper. Once you get approval it is 99.99% IP risk-free.
     Find a product which does not require special packaging, you can select a bottle of cooking oil.
  
HELIUM 10
 
How to use Helium 10 software or what to find in it?
Firstly, you have to overcome the questions, your mind is blowing & asking you again & again about Amazon online selling.
     Black Box> a product hunting tool. Click & find the following
     Product rating 4.5 or higher
     Review 500 or 600 or less
     Product price $ 20 to $ 30 (optional)
     Select a country, if selling in US local market Select the US as the country to find.
     Click on the product & find how many keywords & what is search volume, the higher search volume is desirable.
     There is monthly revenue of products in the black box search bar.
     Install Helium 10 extension for Chrome explorer & click on the X-Ray, you can find the BSR rating in it.
MAGNET >  a keyword research tool.
     If customers are a search a product, it has high demand (desirable).
 
CEREBRO
     Check, which keywords are indexed by your competitor.
     Which keyword has got an “Amazon Choice” Tag?
     This can also let you know that, do you need to give how many “giveaways” (to give customers for free).
 
PRODUCT  SOURCING
How to find a Wholesaler for product purchasing to use for drop shipping orders fulfilment?

  How to sell on amazon?

     Must find at least 3 wholesalers.
     The wholesalers more often cancel orders for unknown reasons. However, you can secure your account suspension with 3 suppliers in hand.
     If an order is cancelled you go to the next seller to purchase the order items.
     You have to fulfil the order at every cost, amazon can forgive your order defect ratio up to only 2.5% or otherwise your account health is at risk.
     Amazon gets angry when more orders are cancelled.
     You need to get tracking no. by supplier & update at amazon against open orders in your seller central account.
     3 wholesalers are important for price control as well.
     You must have an account/signup with the supplier to purchase your order at an early stage (everyone knows this).
     You use your own address for billing address & use shipping addresses for your customer where you want to order get shipped. (This is with suppliers).
     Only use postal customer addresses & use your own email with the supplier.
     The sales tax is different from state to state, USA i.e. 8% to 16%. Keep in mind while you calculating the cost of a product.
     Customer support is important, always offer a refund if the customer has any concerns with the product.
     The product must be in Plain-box or with an Amazon sticker; you can use your own labels. If the supplier uses their own sticker/company name & meanwhile the customer complains to amazon it may result in your account suspension.
     When the supplier cancels your order for Unknown reasons, it may be possible that your credit/ debit card was declined. Be careful with the payment that must go through.
     The supplier must have good standing/ good rating.
     Find suppliers before you list your product on amazon. 
Product Listing at Amazon Central
https://sellercentral.amazon.com
     Drop shipping listing is very easy.
     You don’t need UPC for drop shipping, ASIN is required for listing the product.
     Products are already listed you use a trick to become one of the sellers.
     Go to the website https://sellercentral.amazon.com
     Click on the left side 3 lines > go add a product > in search bar past your already founded ASIN. Now you see the option SELL THIS PRODUCT to avoid this product. Find a product which shows REQUIRED APPROVAL this product is the best; it would be IP free product. You will get a soft approval, if your request was not approved, find another product.
 
     When you have listed the product, go again left side 3 lines bar (options Bar) click on manage inventory & fix inventory, how many units do you want to sell, for example, if you are selling a pen you need to select the right quantity, 100 pens 1000 pen (whatever your budget is).
PRODUCT HUNTING WITHOUT ANY TOOL
This can happen when you have spent some time over amazon central, this service will be activated by itself.
 Go at Amazon Seller Central
Click on the left side 3 lines > drop-down > select growth> click on product opportunity, here you can search & see ASIN Monthly selling, revenue & opportunity score 10/10 is the best.
     But the above features are activated after some time from your account signup a t seller central.
Example results of Product hunted:
>search results = 4000
> search volume = 28000
> average price = 26$
> 3 sellers in the top 10 have less than 400 reviews
> 9 out of the top 10 sellers have more than 7000$ revenue
> Only 1 AMZ
> No brand dominancy
> Google trend frequency is more than 25 throughout
> No seasonality
> Rating is more than 4.2 stars
> Profit margin = 39%
Some useful words to remember:
FBA> Fulfillment by Amazon> Amazon Ships the products/items to customers.
FBM> Fulfillment by Merchant> If an inventory is kept at one’s own warehouse, it is FBM.
PL > Private Label
WS> Whole Sale> where one can sell other’s products with the permission of that seller, it is done via FBA.
ASIN>  Amazon Standard Identification Number ( amazon product code)
ODR> Order Defect Ratio (Negative Feedbacks + A to Z claims + Charged Back Claims)
VTR>  Valid Tracking Ratio ( Amazon ignore only 2.5 %  or fewer Order Defects
UPC> Universal Product Code.
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