4 BUSINESS MODEL TO SELL ON AMAZON
Do you know that there are different ways to sell on Amazon? To sell on Amazon, you’ve to do a lot of research in choosing the right model.
To pick the right strategy, you’ve to check this article completely. In this article, we have covered the 5 different business models that works for many sellers.
DIFFERENT WAYS TO START AN AMAZON BUSINESS
ONLINE ARBITRAGE
Online Arbitrage is a simple concept, as a seller you need to find product deals online to re-sell on Amazon for a profit.
To become successful and profitable you’ll need to consistently scan different online shopping websites to find suitable product deals.
Most online arbitrage sellers re-sell their products on Amazon, most refer to this as the Amazon online arbitrage business model.
Scanning these websites takes time, in order to save your time and effort, we recommend you to choose Amz Online Arbitrage, a free tool.
With Amz Online Arbitrage you can able to find best deals of products available from various online stores. You need to signup simply, choose the desired products, buy it from the store and sell it on Amazon for profit.
While using Amz Online Arbitrage, you can opt for the Amazon FBA service to fulfill orders, which will save much more time and all will be taken care by Amazon.
RETAIL ARBITRAGE
Unlike online arbitrage where you source products online, retail arbitrage involves sourcing products and deals from physical retailers.
Retail Arbitrage is the act of buying products from the retail stores and selling those products in the online marketplaces for profit.
It is as similar to online arbitrage, relatively simple concept, you’re going to purchase products at discount price from brick and mortar stores and sell them on Amazon for higher price.
As a seller who opt for Retail Arbitrage you’d walk into stores like Walmart, look for deals or clearance sale and purchase products that you could re-sell on for a profit.
But with Retail Arbitrage, you need to walk into different stores to get the product deals, which can be time-consuming, energy consuming, and cost you to visit those places.
With Amz Online Arbitrage you can simply sit on your couch, choose the profitable products and buy it directly from the stores and sell on Amazon.
PRIVATE LABEL
Private label is a model where you buy your products from a manufacturer and label under your own brand and sell it on Amazon.
Amazon Private label model helps sellers to sell desired products under their own private brand on Amazon. For this you need to contact your manufacturer, they make the product for you in bulk under your brand name. Then you need to ship, promote, and sell it on Amazon.
If you choose the Online Arbitrage model you would purchase an existing brand at a discounted rate and sell it on Amazon for a higher price.
If you opt for a private label model, you need to work with a manufacturer and it has a lot more work and effort to undergo.
WHOLESALE
Wholesale model is something you need to buy the inventory from the suppliers. These products are branded, already existing in the market and people are well familiar with those products.
Wholesale model is not as similar as retail arbitrage. It is buying something cheaper in order to resell at a higher price, but a price lower than other Amazon listings.
With the wholesale model, you need to purchase the products in bulk directly from the manufacturer at a wholesale price and then make a profit by selling them on Amazon.
CONCLUSION
Whatever products you may be selling on Amazon, choosing the right model is essentially important while selling on Amazon.
These 4 business models works best for many Amazon seller, you need to choose wisely by considering your costs, profit margin and other external factors.
