The Fulfillment by Amazon (FBA) program allows sellers of products to market their wares through Amazon – the largest online retail platform in the world.
This is a great business opportunity because Amazon takes most of the headaches out of running an online retail business – in exchange for fulfillment and monthly storage fees, Amazon handles storage, packing, shipping, returns, and customer service queries as well as listing on Amazon’s websites.
Sellers are responsible for shipping their products to an Amazon fulfillment center and for creating their product listings on their Amazon store. Once listings are live and sales are made, the seller begins receiving their portion of the proceeds on a weekly basis.
FBA sellers source products for their Amazon stores in a variety of ways, such as:
- From original product ideas which the seller gets manufactured to specifications
- From local or national wholesalers
- From overseas bulk discount suppliers such as Alibaba
- By arbitrage – purchasing discounted items online or from retail stores and reselling them for a profit
If you wish to start a product sales business the Amazon Fba Program is an ideal way to get into the online retail marketplace.
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