An Overview of Fulfillment by Amazon (FBA)
Amazon is one of the most well-known companies in the world. If you are an online marketer, then you probably have some insight when it comes to Fulfillment by Amazon. This is a program that sellers have been using for a long time. Those who know how to use this program to their advantage, have made a good amount of money.
FBA is an Amazon’s fulfillment company that has been operating for the last four years. The concept of companies storing and shipping products for others is not new. But Amazon has taken it to a new level because they also sell these items, which means that they make money whenever products in the program sell.
For instance, products in FBA can take advantage of Amazon shipping promotions such as Amazon Prime and Free Super Saver. Its perks like these that make FBA very appealing to online shoppers.
If you have never used FBA before and don’t ever plan to use it, it is still a very important program that you should understand. Why? This is because if you are selling online, your competitors are using it and getting richer and richer.
Fulfillment by Amazon is a Win Win and Win Program
Many people say that Amazon’s fulfillment program is a triple win for the following reasons:
Win No 1: It has higher payouts, margins and prices
The products that are sold in this program are eligible for Amazon Prime and Free Super Saver Shipping. This means that most sellers will increase prices so that they match the competition’s total price, which includes the cost of the product plus shipping. Thus, although there are additional FBA fees, the seller will still get a bigger net payout because of the higher sales price.
Win No 2: It requires a reduced amount of work
FBA is available 24/7. This means that products ship all hours of the day and night, including on Saturdays and Sundays. They even ship out when the seller is asleep. When products become a part of FBA, sellers don’t have to do any other work. There is no need to pack boxes or prepare shipping labels. Amazon takes care of these things. All the seller has to do at this point is keep track of inventory levels.
Win No 3: Satisfied Customers
About half of all Amazon customers have never purchased products from third party merchants. They prefer to purchase from FBA sellers. They know that if there are any product or shipping products, Amazon will correct the situation. They trust Amazon. It is for this reason that customers are willing to pay a little extra to get their products shipped by Amazon. This is a very important point that you should understand. These customers are willing to pay more money to get the same exact products shipped from an FBA seller. They have come to rely on fast shipments and quality service.
Take Advantage of Amazon’s Advanced Fulfillment Technology
If you sell it, Amazon will pack and ship it for you. Your business can benefit by using Amazon’s amazing fulfillment network and its latest technology. The FBA program allows you to store your products in Amazon’s fulfillment centers until they are ready for shipment. Amazon then packs and ships the products directly to your customers. FBA provides exceptional customer service for your customers, which makes potential customers very satisfied.
You do less work, but you can still benefit from the expertise and experience that Amazon provides via Fulfillment by Amazon (FBA). Take advantage of the following benefits:
1.Get Eligibility for Amazon’s Free Super Saver Shipping and Amazon Prime
Who doesn’t love Amazon Prime and free shipping? If your products are in the FBA program, your products are eligible for Free Super Saver Shipping and Amazon Prime. The listings make customers aware that these two options are available.
2. Pricing that is Affordable and Competitive:
When your products are listed on Amazon.com, they are sorted by the price. They don’t show a shipping price. This is because they are going to ship for free via the Free Super Saver Shipping or via Amazon Prime. This is going to make customers very happy, and it will keep you heads above the competition.
3. Trustworthy Customer Service and Returns Policy:
A FBA listing will show the “Fulfillment by Amazon” logo. This alerts customers to the fact that these products are packed and shipped via Amazon. As a result, this lets potential buyers know that they can count on great Amazon customer service. They also know that if anything happens during shipping, it will be handled and corrected by Amazon.
4. Ship Order from other Channels:
FBA can also fulfill orders from channels. You track and monitor inventory by using your user interface. You can also tell Amazon to return inventory when the need arises.
A Small Seller’s Guide for Scaling a Business
Previously, it was only the big companies that had a competitive advantage, but FBA has changed this within the last few years. Previously, it was possible for someone to sell products out of his garage and make decent money. But if he wanted to earn a huge income he had to make a few changes. This usually involved finding more inventory space and hiring new employees to pack and ship products. Small businesses always have problems finding additional inventory space, and they don’t have the extra time or manpower to sell additional products. This limits income potential.
Usually a small business only has a limited amount of space for inventory storage. Also, they don’t have enough time or people to ship and pack products. The more orders that come in, the more of a challenge it becomes to fulfill them. Also, how does this type of business owner find the time to go on vacation or have any down time?
Amazingly, FBA allows you to sell as many products as you want. Small business owners don’t have to worry about limited inventory space, time or a lack of manpower. FBA gives them the same competitive advantage that big companies have. If you have the products, you can sell as many orders as you want per day. If you have the right amount of inventory, you could sell your products with only a small amount of space.If you would like to learn how to use FBA visit https://fulfillmentbyamastery.com and see how you could be implementing this and harnessing the huge power that is the Amazon giant starting today.