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Amazon FBA Business Model Explained

The Amazon FBA Business Model Explained August 10, 2020 Share Tweet Share 16 SHARES The Amazon FBA business has been the darling of 2015 and 2016, and will possibly continue to be so as more people find out about this business. You may have heard of it, and you may be wondering exactly what an Amazon FBA business is. An Amazon FBA business stands for Amazon fulfilled-by-Amazon. This is how it breaks down: You set up an agreement with a factory/supplier to provide you a product. You ship that product from the factory (usually from China) to North America. Instead of being housed by you or another warehouse, the product sits in a warehouse owned by Amazon. When people buy your product off Amazon, Amazon “fulfills” the order by handling all of the logistics, including shipping and customer service. “Fulfills” means that Amazon is basically acting as the fulfillment service. A normal fulfillment service stores and  ships items on behalf of a product owner whe

Brand Name

How to Come up with a Brand Name August 20, 2020 Share Tweet Share 0 SHARES What are the first steps of starting a business? Obviously, first off, you need a concept or product. Without an idea to monetize, you have no foundation to build on. But once you have that product or concept, be it an  affiliate model , drop-shipping model, or info-product model, what is the next logical step? Coming up with a name. The name of your brand can make or break your business. A brand name represents who you are, what you create, and your value. A bad brand name can affect the perceived value of your business and drive traffic away. Just think. Would you buy a detergent brand named  Barf ? And if deciding between two brands of chocolate, would you go with Godiva or  ISIS ? Choosing a brand name can be incredibly stressful. You want one that is specific, but not too limiting; catchy, but not cheesy; and modern, but not perishable. Once you pick a brand name, you’re ki

Amazon Seller Centre

Set Up and Start Selling: How to Create Your First Amazon Seller Account  August 10, 2020 Share Tweet Share 7 SHARES You’ve done all the brainstorming, market research, and ordering of your new products. You’ve even got a fancy business plan. Since you’ve decided that opening  a Fulfillment by Amazon (FBA) business is right for you , now you’re probably wondering how to set up your store so you can begin selling your products. It might seem a little intimidating to set up your Amazon Seller account, especially if this is your first online retail business. Luckily, it’s really simple, and as long as you’ve got all the pieces in place, you’ll be selling in no time. It’s important to take the time to prepare your store for customers, but once your account is all set up, you can add your inventory and get your store up and running! Before diving into the step-by-step process of setting up your Amazon Seller account and your Seller Central space, there are a few thi