I was reading a Nine University review around two years ago and this was my first introduction to what an Amazon FBA business really was. Nine University are the best in the business at teaching people how to succeed in this industry and I was contemplating getting started within this business model. In the end I avoided it and went down another path, and to be honest when I see how well other students who studied the Nine University course have done, there are certainly some tinges of regret.
Fulfillment by Amazon is something which many people are talking about of late and that is becasue of the number of success stories which we are seeing, with many making thousands, or tens of thousands of dollars per month through this medium. If you aren’t sure what exactly this is about, here is a brief description of Amazon FBA, and how businesses make money through this model.
Platform For Sales
The first aspect of Amazon FBA is that businesses are able to sell directly through Amazon’s platform, and they can sell just about anything that they so wish. Amazon is the world’s biggest online retailer and that gives companies access to billions of pairs of eyes each and every day, who are looking for what to buy on the Amazon website.
FBA stands for Fulfillment by Amazon and that relates to the fact that Amazon will pick, pack and ship any of your products to the customer as soon as they have made a sale. Amazon have a wealth of experience in logistics and there is no business on the planet which is able to fulfill orders like Amazon can. This is a brilliant feature for businesses who no longer have to worry about the logistics of slow shipping when their customer buys one of their products.
In order to ensure the speed of delivery Amazon will also offer a storage option which businesses can look to use. In many cases, the businesses who use Amazon FBA have not even seen the product that they are shipping to the customer, as it will have gone straight from the manufacturer to the Amazon warehouse prior to being shipped upon sale.
Finally, Amazon will also deal with the returns of any products which come back, helping businesses to avoid the need to have teams in place to do this. Customer service around the product’s return will also come from Amazon, helping businesses new and old to look more professional and to boost their reputation amongst customers.
As you can see this is a business model which sees Amazon take care of all of the logistics for a business, leaving them to simply focus on picking the right product, marketing it in the right way and staying on top of what customers are looking for.
Is this a business which you could see yourself getting into? If so then check out Nine University where you can learn how to really do this successfully.