While the idea of Amazon as a successful sales platform is well-known to most online sellers, you might not be aware that in addition to Amazon marketplace and FBA, there is another profitable option called Amazon Wholesale accessible on the platform.
"wholesale" means buying large quantities and reselling goods to customers. If you own an e-commerce company and have sold products on Amazon or online in general, you must know about it because you got your stock from a wholesaler as part of your sourcing strategy. Don't know where to begin? Our amazon seller virtual assistant can help you right from the initial step of becoming a wholesale seller on Amazon.
How does Wholesale Selling work on Amazon?
Wholesalers are the middlemen between manufacturers and sellers. It gives sellers the profit of buying in bulk at a discount and reselling those items at a high price. It helps them with the easiest and most convenient form of Marketplace Management.
Wholesaling is a tried and tested business model used by multiple large-scale enterprises and organizations. Many big Marketplaces like Walmart and Target shop products for Wholesale at a discounted price and then resell them at a higher price.
Becoming a Wholesale Seller on Amazon involves basic steps consisting of:
- Opening a Seller Account
- Researching and Stocking an in-demand project
- Product Listing on Amazon
- Inventory Management
Benefits of becoming a Wholesale Seller on Amazon
1. Easy Startup Option
Within six weeks, you can have everything functioning smoothly. Dealing with suppliers upfront to get your product takes up most of the process's time. You should be able to start making a profit within three months due to how simple the setup is. In contrast, private-label goods often last six months.
2. Sell Branded Products
This is the one instance where you should sell well-known brands, even though you're probably used to hearing advice to avoid doing so. Only names already well-known on Amazon qualify, not even the top-selling or designer brands. This indicates that you benefit from a ready market and assured customer interest. Our Amazon Seller Virtual Assistant can help you with product management, Marketplace Management, Store Optimization and much more.
3. Scalable Option
Because the brand has already created listings and built a brand for you, you won't need to do either. Instead, you can focus on finding additional wholesale products to expand your business and eventually start seeing longer-term returns.
4. Passive Income Source
Reordering is all you need to think about once you have reliable suppliers in your corner who you can count on for high-quality goods at affordable costs, ensuring that you always have wholesale goods on hand. As a result, it becomes a more hands-off company model.
5. Consistent mode of business
You can develop a continuous flow of customers who consistently buy your products in single units by selling in bulk. They will place new orders from you as long as you have the inventory and the product is still in demand. Our Amazon Seller Virtual Assistant can help you with all these activities, so you can start selling as soon as possible.
Wrapping Up
At eComVA, you can Hire Virtual Assistant USA to help you set up your Marketplace Management. Wholesale on Amazon is a very profitable business model if done right! Starting anything new with enormous potential might be intimidating, whether you opt for private label selling, Amazon FBA wholesale, or one of the many other methods to make money on Amazon. You can avail of our Virtual Assistant services and complete all your tasks in no time!
