Ecommerce has grown by leaps and bounds. One of the companies cashing on this ecommerce boom is Amazon.
There was a 2017 Point of Sale survey of 1,164small business owners in the USA by Square and Mercury analytics that found out that amongst other things:
- 34% of shopkeepers have a website for their business.
- 16% of the same group sell through Amazon.
Some Facts on Amazon:
As per Business Insider,
- In 2016, 43% of all online sales in America were done through Amazon. This is an improvement from 2015 and 2014.
- Amazon employs a great number of people, over 300,000 worldwide.
- The company has about a quarter of the total USA adult population on its subscriber base.
- It has 50 fulfilment centres in the USA alone, and shipped about 1.6 million packages per day in 2013.That should be more by today’s standards.
- It is the most valuable retailer in the USA given its massive investments in logistics and infrastructure
- Given its strict shipment schedules, it also incorporates over 45,000 autonomous robots to help pick items from the shelves and take them to human employees.
- Amazon and its CEO have been involved in many philanthropic and humanitarian ventures given their setup and resources capacity.
It is therefore a no brainer that any serious business man will seek a stake in this formidable platform.
There are many ways to make money on Amazon.
- You can sell your products, literally any legal thing you can think of.
- You can sell your professional services like plumbing, TV assembly, etc. in your locality.
- You can sell to a targeted B2B clientele.
- If you have developed apps, you can sell the same on Amazon to over 236 countries. There are also developers resources like APIs and services help you make more money.
- You can become an affiliate and earn referral fees when you create links on your website or blog and clients click on the same to buy products from Amazon.
- Advertise on Amazon – Given the immense internet traffic it commands, it may make sense to use it to showcase your brand even if you are not selling on the platform.
- Self-publishing – This help you reach lots of readers worldwide
- Or be an Amazon vendor to sell in bulk to Amazon and you will get paid after 60 days.
Getting into Amazon is no big deal, but you need expert guidance in order to fully maximize on the opportunity.
That’s why Todd Ramse waxes lyrical when you visit their website atprovenamazoncoursereview.com about how taking a course on how to sell on Amazon can change your life. A 2014 survey found out that over 70% of merchants who did the fulfilment by Amazon got more than a 20% increase in sales after joining the program.
