I’ve had a store on Amazon for nearly a yr now. It failed to grow to be worthwhile till approximately 2 months in the past. So I’ve sincerely lost money for approximately 8 consecutive months lol. I knew it had capacity I just needed to determine out the way to forestall the bleeding!
So I desired to put up some tips for you all so that you can avoid the ache and start being profitable on amazon.
· You HAVE to discover a product that isn’t plastered throughout amazon. Most drop shippers have human beings already advertising their products. If a couple of man or woman has the identical product it will become a rate struggle and each parties hold lowering their rate to get the sale. Eventually it gets to the factor where you’re making $1 in line with sale. Definitely NOT worth it!
· Your drop shipper has to face in the back of their product and pay for go back cargo of broken gadgets. If they don’t pay for it, YOU will. The final factor you want is an unhappy customer. Amazon will near your account in reality speedy if you get lawsuits.
· Your drop shipper wishes to be amazon automation timely. I had some shippers that would wait weeks to ship out their products. I ended up sending out a group of loose objects due to the fact people had to wait see you later. Maybe I’m just a big softy.. However in the event that they don’t deliver it, do not paintings for them!
· Don’t stretch yourself too skinny. I do not advocate having more than 200 merchandise on Amazon. When I began I had three,000 merchandise on there because I concept Id make greater. WRONG! With that many products you cannot preserve up with what the manufacturer has in inventory. I were given in hassle real fast due to the fact Id get a buy and then discover there was not inventory. If you cancel too many orders amazon will near you down. Not to mention, your customers might not be glad and also you might not make cash on amazon.
· When uploading your merchandise double take a look at EVERYTHING. I can not tell you how normally I lost money because I forgot to place a zero in or I just flat out positioned the wrong charge in due to the fact I was in a rush. Some clients were given a few REAL cheap stuff from me haha.
· If you are making a mistake, you pay for it. The re-peat purchaser is worth it and you’ll sense better for doing the right thing.
· Create a website for each product line. Its loose through amazon. Don’t bring together all your merchandise onto one website. When I started I positioned all my 3000 merchandise onto one internet site haha. Don’t do it!