To do business on Amazon, sellers must have these information and skills!

Amazon has its own rules and regulations. Sellers need to master the following skills as soon as possible:

1. Create the materials needed for listing

If there are other sellers selling the same product, the seller only needs to provide price, inventory and SKU information, and your product information will appear under the corresponding listing.

If no one has listed this product (enter the UPC or brand in the search box to find out if anyone is selling it), you need to edit the product title, bullet points, product description, and background keywords.

You also need to prepare product images. Amazon has strict requirements for product main images, including a pure white background, no branding, and a pixel size of at least 500 × 500. You can also prepare some more lifelike product images as a supplement to the main image.

2. Know the product procurement channels

If your product is selling well, you need to know how to replenish inventory quickly to avoid stockouts.

3. Inventory Management Plan

Sellers can use Amazon’s backend replenishment reminder tool, or external forecasting tools such as www.forecastly.com.

4. Establish a process for identifying and handling old inventory

Ideally, all products would be sold, but the reality is that there is always old inventory that needs to be cleared out. Dealing with old inventory can save some money.

Amazon FBA has tools to help sellers identify old inventory, but non-FBA sellers need to monitor SKUs to understand inventory status.

5. Understand the costs

Understanding and summarizing all costs is a basic requirement for sellers.

6. Research who is selling the same SKU as you on Amazon

Many new sellers enter the market blindly, only to find that the competition is too fierce, resulting in no sales at all. Therefore, before registering an account, it is strongly recommended that sellers first investigate the product. If Amazon is selling the same product, it is recommended to avoid these products.

Sellers should also investigate in advance what prices the products are sold at. If you find that your competitors' prices are too low, it will be difficult for you to make a profit.

7. Calculate the time required to launch your listing

After registration, Amazon charges a monthly fee at the end of the first month. The monthly fee for the professional seller plan is $39.99. During this period, sellers should prepare listings and inventory as early as possible and start business as soon as possible.

In addition, reviews are a guarantee of sales. It is recommended that sellers register a review tool to collect reviews for their products, such as Feedbackgenius, Feedbackfive, Bqool, etc.