Author Box
Articles Categories
All Categories
Articles Resources

Amazon Seller Guide: 3 Powerful Tips Every Amazon Seller Should Know

April 17, 2012 | Comments: 0 | Views: 139

Being an Amazon seller can be a very rewarding position, but to attain that spot, one must know a couple of VERY powerful tips, but more specifically, three. Whether you're a beginner or expert, when it comes to Amazon, these 3 powerful tips will go a long way in helping you achieve your goals as an Amazon Vendor.

Tip #1: Find hot sellers, buy that product for a lesser price, then re-sell it on Amazon for a profit. Every product on Amazon is put into a specific category which relates to it. And with every category there is on Amazon, there is also a top 10 list.

Now how does this apply to you? Well it's simple. Let's say you wanted to sell books on Amazon but didn't know which one would sell. All you have to do is find any book on Amazon, scroll down and find a section which says Amazon Best Seller Rank and click on "Top 100" next to it.

This will take you to the top 100 books that are being sold on Amazon. Find one which appeals to you, buy it in an whatever amount/s you can afford and sell it for a profit. Remember, it doesn't only have to be books. Amazon has tons of categories for it's products, and each category has a top 100 list.

Tip #2: When putting your products on Auction, price your item/s 1 penny less than the top competitor. I've personally witnessed how this yields tremendous rewards. Being an Amazon vendor can be very difficult because selling an item means competing against other vendors who are also selling the same thing/s.

Since every vendor will try to price their item to make it more appealing then their competitors, your best best is to price your item 1 penny less than the vendor who is selling their item cheapest. In other words, if you have 10 vendors selling 1 item from a price range or $5-$10, with the cheapest being $5, sell your item for $4.99.

1 penny less already makes your item not only cheap, but also catches the attention of the buyer/s, making your item most looked at and the greatest chances of being bought.

Tip #3: Automatic repricing! This tip is very similar to #2, but applies to those who sell multiple items. Repricing is simply put, pricing your item lower than the competition, whether it's 1 penny or more. However automatic repricing involves using a program that monitors all of your items that you are selling, and automatically repricing your item less or more against the competition.

Having one of these programs makes life extremely easy for Amazon vendors who sell multiple items and cannot keep track of them all. New competitors constantly enter the amazon market and can price their items less than yours. To stay on top of the game, you'd have to monitor all of your items 24-7 which is insane.

However with an automatic repricing tool, all of your items are monitored for you so if a new competitor should price their item less than yours, the tool will automatically make your item cost less than theirs. This saves a ton of energy and increases overall sales.

If you are already an Amazon seller, these 3 tips will help you go a long way. However Amazon sellers who sell over 10 items absolutely need repricing tools to stay on top of the game. If you are interested in learning where to find a repricing tool, click here.

Source: EzineArticles
Was this Helpful ?

Rate this Article

Article Tags:

Amazon Seller Guide


Amazon Seller Tips


Automatic Repricing


How To Sell On Amazon

Hence the professional search engine services are very beneficial and also help to increase traffic and clients on your site. This is also helpful to attain target and increase sale. Is you have

By: Mukesh Kumar l Internet Businesses > SEO l December 28, 2012 lViews: 348

Some people are still unaware about how helpful the redesigning of website can be for them. In order to have a better understanding, these people should have clear knowledge the importance of website

By: dauly rani l Internet Businesses > Web Design l December 27, 2012 lViews: 411

If you use SEO, Montreal is a great location for tapping an online audience because of the city's sophisticated business landscape. For your small Montreal business, maximizing your blog's visibility

By: quincycovillon l Internet Businesses > SEO l November 16, 2012 lViews: 218

As it is a well known fact that website development carries big dream of people; it is none other than revenue generation quickly. Although many people fantasize that creating and building website

By: Mohsen Ansari l Internet Businesses > SEO l November 16, 2012 lViews: 267

Today everybody is after a successful business and to make a business successful one goes to any length resorting to different tactics. If anyone has an online business, he must be trying best to

By: suresh chakma l Internet Businesses > SEO l November 04, 2012 lViews: 217

Website development has transpired as an industry in the last decade. A company or a person develops web sites to be placed on the World Wide Web in the field of web development. Here Helena tries to

By: newagesmb l Internet Businesses > Web Development l October 26, 2012 lViews: 203

The affiliate program should also offer comprehensive technical support. Merchants who are hesitant to answer questions or address the concerns of their affiliate marketers in a timely manner should

By: John Paul Richardsl Internet Businesses > Affiliate Revenuel June 13, 2012 lViews: 172

Earnings these days has never been more convenient. Gone were the days when job seekers have to go physically to the employer and apply. Spending for transportation, allowances, papers and time is

By: William R Meansl Internet Businesses > Affiliate Revenuel June 12, 2012 lViews: 168

Do you want to know the best affiliate marketing methods that will enable you to earn millions of money online as most affiliate marketers do? In fact, one of the great ways of making money online is

By: William R Meansl Internet Businesses > Affiliate Revenuel June 12, 2012 lViews: 179

It's pretty easy to put up an internet income business these days. It is a great way to earn income without even leaving your bedroom. Who could ever think that you can earn money while wearing your

By: William R Meansl Internet Businesses > Affiliate Revenuel June 12, 2012 lViews: 195

Home business internet income has over time been the alternate alternative of those who have all along been tampering in securing a source of employment either from the formal or informal sector but

By: William R Meansl Internet Businesses > Affiliate Revenuel June 12, 2012 lViews: 186

I have had several requests for information from affiliate marketers wanting to start membership sites as a way to earn a passive income. For those that have no idea what passive income is; basically

By: Alice Evelyn Loganl Internet Businesses > Affiliate Revenuel June 11, 2012 lViews: 171

Discuss this Article

comments powered by Disqus