You generate trust with your potential clients
Posted: Thu Dec 26, 2024 5:40 am
Amazon is the most recognized online sales platform worldwide. We all go to this platform to buy almost any type of product because we know that it is a marketplace that works like a charm and that if we have any type of problem, or want to request a return, we can do so without anyone asking us why.
icons-02-59Disadvantages of selling on Amazon
Selling on Amazon has many advantages. However, not all that glitters is gold. Therefore, it is important that you know what disadvantages it may have before making the decision to upload your products to this marketplace.
Receiving payments through an intermediary
When a customer buys one of the products you have for sale, the payment algeria telegram lead actually received by Amazon. Then, if everything goes well, you can withdraw the money to the bank account you have selected.
However, if customers complain about the quality of your products, complain about shipping, or give you bad reviews and ratings, payment can be delayed for weeks or even cancelled.
You will earn less than if you sold them yourself.
As we will see later, selling on Amazon is not free. They provide you with this great marketplace so that you can reach many people, but in exchange you will have to pay a fee.
Therefore, you have to subtract from your usual profit margin on each sale what you lose by having your products on Amazon.
There is also competition on Amazon
Selling on Amazon is a great opportunity for many brands and entrepreneurs, which is why there are currently thousands of sellers on this marketplace, which translates into a lot of competition in certain sectors . This can cause some sellers to offer the same product as you at a lower price, or even Amazon, which is also a seller, to prioritize its own products in searches before yours.
icons-02-39Fees you must pay if you want to sell on Amazon
Depending on the quantity and type of products you want to sell on Amazon, you will need to create a type of seller profile and accept one rate or another.
Therefore, before teaching you how to sell on Amazon, it is important that you know all the rates and types of accounts that exist for selling on this marketplace to know which one is the most suitable for you.
Fees and commissions for selling on Amazon
Depending on the type of account you choose, you will have to pay different fees. For now, we will look at all the fees that exist today and then we will see which one would apply to each account.
Referral fee : This is the percentage that Amazon charges you for each sale, calculated on the total sales price of the product, including shipping costs. Depending on the category to which your product belongs, the percentage can vary from approximately 5% to 45%.
Closing fee : This is a closed commission of €0.99 on each product that is deducted from your profits. It doesn't matter what type of product it is or how much it costs.
Fee per item sale : This is the cost that Amazon charges you for each sale you make through the marketplace. The most common rates are between €0.81 and €1.01 and only apply to books, music, DVDs, software and video games.
Fixed monthly subscription fee : This is the fee that Amazon charges professional sellers on a monthly basis for having products for sale on its marketplace. It has a fixed cost of €39 per month.
icons-02-59Disadvantages of selling on Amazon
Selling on Amazon has many advantages. However, not all that glitters is gold. Therefore, it is important that you know what disadvantages it may have before making the decision to upload your products to this marketplace.
Receiving payments through an intermediary
When a customer buys one of the products you have for sale, the payment algeria telegram lead actually received by Amazon. Then, if everything goes well, you can withdraw the money to the bank account you have selected.
However, if customers complain about the quality of your products, complain about shipping, or give you bad reviews and ratings, payment can be delayed for weeks or even cancelled.
You will earn less than if you sold them yourself.
As we will see later, selling on Amazon is not free. They provide you with this great marketplace so that you can reach many people, but in exchange you will have to pay a fee.
Therefore, you have to subtract from your usual profit margin on each sale what you lose by having your products on Amazon.
There is also competition on Amazon
Selling on Amazon is a great opportunity for many brands and entrepreneurs, which is why there are currently thousands of sellers on this marketplace, which translates into a lot of competition in certain sectors . This can cause some sellers to offer the same product as you at a lower price, or even Amazon, which is also a seller, to prioritize its own products in searches before yours.
icons-02-39Fees you must pay if you want to sell on Amazon
Depending on the quantity and type of products you want to sell on Amazon, you will need to create a type of seller profile and accept one rate or another.
Therefore, before teaching you how to sell on Amazon, it is important that you know all the rates and types of accounts that exist for selling on this marketplace to know which one is the most suitable for you.
Fees and commissions for selling on Amazon
Depending on the type of account you choose, you will have to pay different fees. For now, we will look at all the fees that exist today and then we will see which one would apply to each account.
Referral fee : This is the percentage that Amazon charges you for each sale, calculated on the total sales price of the product, including shipping costs. Depending on the category to which your product belongs, the percentage can vary from approximately 5% to 45%.
Closing fee : This is a closed commission of €0.99 on each product that is deducted from your profits. It doesn't matter what type of product it is or how much it costs.
Fee per item sale : This is the cost that Amazon charges you for each sale you make through the marketplace. The most common rates are between €0.81 and €1.01 and only apply to books, music, DVDs, software and video games.
Fixed monthly subscription fee : This is the fee that Amazon charges professional sellers on a monthly basis for having products for sale on its marketplace. It has a fixed cost of €39 per month.