Big Internet Seller Services Inc provides e-commerce Services

Get your first Product Photoshoot for FREE! Learn More

June 1, 2021

Big_Internet_Ecommerce_Amazon_Listing_Optimization

5 Common Mistakes To Avoid While Amazon Product Research

If you’re launching a new product category or attempting to sell an existing one, conducting Amazon product research is critical for increasing sales. Amazon is a website that enables retailers to sell a variety of various types of goods.  To avoid common mistakes one should also contemplate using dedicated tools for Amazon Product Research. In case you are wondering which is the Best Product Research Tool in the game-Click Here. With thousands of product categories, it can be challenging to determine the most appropriate category for every product. Amazon FBA Wholesale Product Research is straightforward; you just need to identify products with the greatest demand, the least competition, and a sufficient profit margin. If adequate research is not undertaken, the actual industry situation will be impossible to analyze in the future. However, some mistakes need to be avoided while doing Market Research for your product: #1 Pitching the lowest possible price Amazon product analysis will assist you in determining the most competitive pricing for each item. One of the most common errors new vendors make on Amazon is to price their products cheaper than rivals, which can backfire.  As a new distributor, you may be unaware of your rivals’ product sourcing and profit margins. You can’t just survive on Amazon FBA Wholesale market by offering the cheapest items. Pricing your goods at the lowest possible price can leave a negative impression on consumers. #2 Concentrating exclusively on products for which you are passionate Occasionally, sellers will limit their quest to a certain niche about which they are passionate. Although it is advantageous to understand the ins and outs of such trending goods and to be passionate about the products you market, do not ignore lucrative Amazon FBA Wholesale products simply because they are not things you can use. Multiple top sellers have extensive product lines that cover numerous categories. This mentality enables top sellers to reach a wide range of markets without restriction, enabling these marketers to capitalize on openings that they would otherwise be blinded to. #3 Inflexibility According to Heraclitus, “The only constant in life is transition.” Even if you discover a perfect product, make a listing, start selling, and see results, the company will still face unexpected changes. A Good Seller must be able to pivot and adjust quickly in response to changes in Amazon’s algorithm, the entry of new entrants into a product segment, and shifting inventory supply. #4 Assuming there is a scarcity of opportunities When people first begin selling, they are often shocked by the volume of commerce already occurring on Amazon FBA Wholesale. At first, it can seem hopeless, as if something has already been taken. This, though, is not the case. Indeed, even highly competitive categories often contain elements that are ignored. A color variant of a common product may remain untapped, or a segment may have an untapped supplementary offering. #5 Avoid ignoring the Amazon Fee When determining the profit margin, you must factor in the Amazon fee. To approximate the exact Amazon Fee, you must use the seller’s central Fee Calculator. BOOK A FREE CONSULTING CALL

5 Common Mistakes To Avoid While Amazon Product Research Read More »

Big_Internet_Ecommerce_Amazon_Store_Management

Types of Suppliers For Your Amazon Store

Your supplier is a business partner, and business partners can be either your best ally or your worst fear. Similar to how you would choose a business partner, you must exercise caution while selecting an Amazon FBA Wholesale Supplier to maintain a productive, reliable partnership as your business progresses. Types of Suppliers for your Amazon FBA Wholesale Store For this article, we’ll discuss the four most common types of suppliers for your store: drop shippers, retailers, wholesalers, and liquidators. Dropship Suppliers – Dropship suppliers are a common choice for online merchants. They manage your Amazon FBA Wholesale inventory and dispatch supplies on your behalf. Below are their advantages:  No Inventory Management – Keeping an inventory in-house requires a significant amount of room and the extra work required to manage your distribution operation. One of the primary advantages of working for a dropship supplier is that you avoid having to deal with all of this. Low Operating Costs – Rather than purchasing a large number of goods and then feeling compelled to market them, you pay the retailer for products as they are sold. This lowers the overhead expenses and exposes you to less financial pressure. > Wholesalers – Wholesalers allow shop owners to purchase a vast quantity of goods at a significantly reduced price. The more items an owner orders from a wholesaler, the greater the discount on the order. Advantages of wholesalers are: Cost-Effective – Cost is the primary consideration for Amazon FBA Wholesale vendors who want to work with a wholesaler. Purchasing in bulk lowers the per-item costs, allowing you to provide more attractive pricing to your customer. Simplicity – To work with a wholesaler is a simple and straightforward task. A single wholesaler will supply a diverse range of goods. Liquidators – Additionally, and even more flatteringly, liquidators are referred to as wealth recovery experts. Liquidators acquire vast quantities of overstocks, refunds, closeouts, and related unsold merchandise. After that, the liquidator resells these products on the market in bulk, repackaged bundles in varying sizes. The Main Advantage of a liquidator is: Excellent Price Of Item – Since liquidators are in a hurry to make profits, they sell goods at less than a fair market value, which means you get an outstanding per-item profit and a bit more bargaining power. Manufacturer – They deliver competitive rates but frequently demand large minimum orders, which means you must pay a significant amount up front. They are excellent choices for more experienced Amazon FBA Wholesale vendors with access to services but can be difficult for a brand-new shop. Some of their advantages are : Low Cost Per Unit – As compared to liquidators and wholesalers, manufacturers may have a firm per-item price, but they are often less amenable to negotiation. Customization Possibility – You can make a manufacturer produce a package to your specifications or even personalize it, which can be an excellent selling point for your business. A scam supplier will cost you a lot of money. Hence, we hope the above blog helps you to identify the right kind of supplier for your Amazon shop. BOOK A FREE CONSULTING CALL

Types of Suppliers For Your Amazon Store Read More »

Big_Internet_Ecommerce_Private_Label_Consultation

How to Choose Best and Reliable Amazon FBA Wholesale Supplier For Your Store

You might have done your product research and found a standout product to sell on Amazon. However, your work here is not complete! Now you must locate a seller ready to ship the goods at a fair cost. Likewise, you must ensure that the product follows the Amazon marketplace’s quality requirements. To be a good Amazon FBA Wholesale Seller, you must source items that consumers would enjoy at a low price, and that allows you to earn a fair profit as well. This boils down to discovering an excellent Amazon FBA Wholesale supplier. However, how do you locate those vendors amongst the different types of suppliers and collaborate with them? Let us discuss this in this blog. Tracking Down The Best Amazon FBA Wholesale Suppliers China is without a doubt the world’s industrial powerhouse. The likelihood of the majority of items you buy being assembled or produced in China is quite high. China’s low overhead costs allow them to reduce production costs, rendering it almost difficult for other countries to compete. Therefore, China is a common destination for most sellers looking for a reliable Amazon FBA Wholesale supplier. However, sourcing from China is not the only means of being sustainable! Let’s take a look at some other ways as well:- Trade Shows – These are an excellent way for sellers to connect directly with vendors. Speaking with providers face-to-face enables you to get a better understanding of their business standards, materials, and quality management procedures. The sheer volume of distributors and retailers present at trade shows ensures that you have a plethora of options. Agencies that Source Products – If you’re having difficulty locating a suitable retailer, you can also contact commodity procurement companies. These third-party providers will assist you in locating manufacturers and importing goods at a cost-effective rate. Additionally, sourcing companies serve as a means of maintaining quality management. This is the simplest method of locating a foreign vendor. Searching Directories – Utilize Amazon FBA Wholesale directories to quickly communicate with reputable vendors. These directories or registries can be easily purchased online and this simplifies the process of locating vendors in your niche. Furthermore, if you use a trusted directory, you can be assured that all wholesalers have been vetted. Marketplaces Online –  Aliexpress & Alibaba are goldmines for new Amazon FBA Wholesale vendors. They are, though, not particularly easy to navigate. Purchasing directly from a retailer sometimes results in a lower per-item price. However, the majority of producers would accept only massive orders. If you can’t find what you’re looking for on these sites, B2B e-commerce sites such as JimTrade or Global Sources might be worth a look. These websites specialize in international trading and are excellent sources for your product. It is entirely up to you to decide which of the above methods you use to locate the supplier that best suits your needs. But do verify that your supplier is genuine and delivers you the highest quality product. BOOK A FREE CONSULTING CALL

How to Choose Best and Reliable Amazon FBA Wholesale Supplier For Your Store Read More »

Scroll to Top