According to research amazon makes billions of billions of dollars from sales for e-commerce people like you, and me!!
Annual net sales of Amazon 2004-2020 Feb 11, 2021, Published by Tugba Sabanoglu. The time series shows the net revenue of Amazon.com's e-commerce and service sales from 2004 to 2020, in billion US dollars.
In the last reported year, the multinational e-commerce company's net revenue was 386.06 billion U.S. dollars, up from 280.52 billion US dollars in 2019.
Amazon.com, an American electronic commerce company originally founded in 1994, is the world’s largest online retailer of books, clothing, electronics, music, and many more goods.
As of 2020, the company generates the majority of its net revenues through online retail product sales, followed by third-party retail seller services, AWS, and retail subscription services including Amazon Prime. Amazon is also the producer of the leading e-book reader, the Amazon Kindle.
How to make money selling your own physical products on amazon
Selling physical products on the Amazon platform is a great opportunity to make money online, and the process contains 5 elements: Which are!!!
1. Look for products, 2. Look for suppler, 3. Branding, 4. Ship to Amazon, and 5. Marketing
1. Finding the right products
How to know the right products for you to sell on Amazon, and how to find the products?
The best products you can sell to make good money are the products that you are passionate about, for example. If you like fashion sale clothes, shoes, bags, T-shirts, etc.
If you love reading. Sale adults books, children’s books, any think of books. And if you are a music lover sale any things about music, cd, mp3, speakers, etc.
If you are passionate about electronics, then sell anything’s electronica, and if you are an outdoor person sale outdoor product.
Selling something that you are passionate about is the key success to becoming a successful e-commerce
2. To Find a supplier
Finding a supplier is about looking for a good fabric that can products good quality of the products that you want. And thanks to the internet that has made it very easy to connect to people from all over the world.
So, finding a supplier is about searching on the internet or asking other e-commerce where they get their supplier from. However, knowing the products that you want to be selling is the most important of all
To brand, if you are a newbie, you might not know what this is... Branding is where you make products your ideal of design, color, logo, package, etc.
Don’t panic, all this will be done by your supplier. what you must do is to give the order of how you want your products to the fabric, and they will do the work for you
4. Ship to amazon
Your products will be ship direct from your supplier to Amazon. You don’t need to empty any room in your home to store product... If that is what you are thinking
Marking here comes the big part. Amazon will do the heavy lifting for you, they will process the payments from customers and deal with the packaging, distribution to customers, and customer service.
In the meantime, you'll get busy selling the products and setting up marketing and ad campaigns to make those sales
Your work will be writing revision about your products, for example, the quality, colors, where it made, the specialties.
Don’t forget to give the consumers reasons why they should buy your products and not one of your competitors
That is how to make money online through Amazon, and you can do it, it’s about learning, applying, and making money.
The free training of how to sell physical products on amazon or on any other e-commerce platform
With the right training, you will become successful in e-commerce. Every person who is making money online learns how to do so. After all, no one was born with the internet skills
If you really want to start selling physical products on amazon don’t forget to register for this free training video series workshop on how to start an online business.
This free training video series workshop was created by my mentor Stuart Ross, and the training contains 3 parts.
In this free training, Stuart will work with you through online businesses. And introduce you to the formulas that are working for millions of people around the world to start, and run online businesses.
Stuart will also show the simplest way to be earning your income through amazon, and how to get started with it.
Just to be clear, there are several online business models in this free training video workshop series, for example: How to sell physical products on Amazon or other e-commerce platforms. How to be an affiliate marketing. How to use your passion or interest to be earning on the internet, and how to turn a crisis into an opportunity
You can follow all the training after-all the training are all free or just fellow the part of the physical product, either way, you have nothing to lose but everything to gain from these free training
That’s it have fun, and if you have any question don’t hesitate to reach out to me via this very site on the contact me page, I hope to be seeing you around, and don't forget to sign up for the free training video