How to make money from selling on amazon and flipkart?
You’ve always wanted to sell something on the internet, right? Accept the fact that not everyone can build a successful ecommerce business like Amazon’s Jeff Bezos or Flipkart’s Sachin Bansal, but anyone can join their journey and make it big.
On Amazon and Flipkart, there are already over 100,000 sellers making good money. Looking at India’s e-Commerce demand, the country will require many more lakhs of sellers to meet consumer demand.
The first question that anyone who has considered selling on online marketplaces will have is a simple and straightforward one. Is selling on Amazon and Flipkart profitable in India? It’s a simple question, but the answer isn’t so straightforward.
This blog aims to decode this question and examine the answer from every conceivable perspective.
We’ll start with what people with experience have to say, then look at the data and consider real-world issues and opportunities. We’ll also discuss how to profitably make money online and sell on Amazon and Flipkart in India in this post.
This is something that can change your life forever if you are a manufacturer or trader.
What are the problems that one can face selling on online marketplaces?
- Returns, Returns and Returns
- Returns eat up margin
- Foul play by the buyers
- It is your independent business
- Register for Amazon FBA
- Sell bulk products
- Leverage Retail Arbitrage
- Publish books using Kindle
- Sell handcrafted goods
- Sell through affiliate marketing
- The lowest possible cost of doing business
- Doing business is simple.
- The fastest rate of growth
- The most accessible online marketplace
- Your passion can help you figure out which products you’ll feel most at ease promoting. If you have a particular interest in a product category, you should work with it because you will have more knowledge and experience with it. You’ll be able to sell those products to others as well.
- Your skill set is another important factor to consider when deciding which category to work in. Working with all categories may be a viable option for those with a more complex skill set, but for most of us, focusing on a few categories that suit our skill set is the best bet.
- Your level of expertise in the categories you choose will have an impact on your success. If you want to work in the electronic gadgets category, for example, you’ll need technical knowledge to know which products are better than others and how they can help customers. This will help you persuade more people to buy your product.
- Flipkart and Amazon allow you to register as a seller.
- Make a list of the products that fit into a specific product category.
- When you receive an order, pack the items and mark them as “Ready to Ship.”
- It will be picked up and delivered to the customer by the particular logistics partner.
- The payment will be settled in 7-15 business days after the order has been successfully dispatched.