Those questions can help you estimate your sales per month and know beforehand how to best fulfill orders and calculate how much you’ll be paying the ecommerce behemoth. How many sales can you expect to see per month? To get some idea what to expect if you offer your product on Amazon, there's a sales estimator tool to estimate how many transactions you’ll do per month. Tools that estimate sales volume look at the category your product is in and cross-reference that with the sales volume of similar products. Amazon offers its own ad marketplace, where you can purchase ads that show throughout the ecommerce site. Of course, Amazon charges a fee for these services, but in many cases the total comes out to way less than you'd have paid to rent your own warehouse and hire employees to manage these tasks If you don’t have a lot of inventory, or don’t want to use FBA for some other reason,you can fulfill products sold on Amazon, yourself. However, if you do, and their products are FBA and offered with free Prime Shipping, you may lose out because consumers love Prime’s two-day shipping option. How much will you pay to Amazon? However, you will have to pay $0.99 per item plus a referral fee and a variable closing fee to Amazon whenever you make a sale. In most cases, the minimum referral fee is $1, which means you'll pay that to Amazon for every item you sell.
Amazon is one of the biggest ecommerce marketplaces in the world. But, if you’re thinking about listing your products there, you may be wondering what the experience will be like.
The good news is that you can get a good idea by asking the right questions first. Those questions can help you estimate your sales per month and know beforehand how to best fulfill orders and calculate how much you’ll be paying the ecommerce behemoth.
Let’s dive right in:
1. How many sales can you expect to see per month?
Amazon’s daily sales volume is extremely high, but that doesn’t mean your own sales volume will be high just because you’ve listed on the site.
To get some idea what to expect if you offer your product on Amazon, there’s a sales estimator tool to estimate how many transactions you’ll do per month. Tools that estimate sales volume look at the category your product is in and cross-reference that with the sales volume of similar products.
Of course, you’ll have to take this estimate with a grain of salt. There are many reasons why competitors may do better (or worse) than you. The estimator really just lets you know if there is already interest in your product on Amazon.
As long as there is demand for your product or similar products, you’ll know that with the right marketing and branding campaign, you can win some of those sales for yourself. Amazon offers its own ad marketplace, where you can purchase ads that show throughout the ecommerce site.
You are also free to do your own advertising through Google, Facebook and other ad networks. In that case, you would just point your ads to your Amazon page. You could also conduct marketing campaigns through social networks like Instagram and Twitter to build brand awareness.
Instagram is of particular interest to Amazon sellers because it is visual, allowing you to show off your product’s looks. If you’re just getting started and need help getting Instagram followers,…
COMMENTS