Private labels are one of the most rewarding things you can do as an Amazon seller. In short, private labels involve finding a generic or “white label” product that you can purchase at wholesale, slap your brand on it (add some extra value to it), and then sell it for a profit.
This means that you can create your own unique products, have full control of your brand, and achieve higher margins compared to selling other people’s products.Click here to learn how to start your own branded product selling on Amazon!
The process involves finding products that aren’t too difficult to source, but ones that have enough demand and low competition so you can be profitable after all the expenses involved.
Amazon FBA Private Label Selling is one of the best ways to earn a living from home. This article will go over some of the benefits of Amazon FBA Private Label Selling and why you may want to consider this as a source of income.
Low start-up costs
Since you are selling through Amazon there are no expensive web site design or hosting fees involved. In addition, there is no need to stock inventory or ship items yourself. You simply purchase items at wholesale prices and have them shipped directly to Amazon.
More flexibility
The first benefit is that you can be anywhere in the world and still earn money. If you live on the East Coast of the United States, you can list your products on Amazon and have them ship to customers all over Europe or Asia. You don’t even need to worry about shipping costs because Amazon takes care of that for you.
If you want to sell your products in more than one country, FBA makes it easy. You just ship your products to the fulfillment center nearest you and then let Amazon handle the rest.
No inventory requirements
Another benefit is that there are no inventory requirements with Amazon FBA private label selling. You can have thousands of items listed without ever having to worry about whether they will sell or not. For example, if you list a book on Amazon, but only sell two copies within your first week, you haven’t lost anything except time spent listing that particular book.
Time savings
If you are selling through FBA, you don’t have to worry about order fulfillment or customer service. You also don’t have to worry about storage, because your products are stored in an Amazon warehouse until an order is placed.
Improved focus
An independent study showed that sellers using Amazon FBA spend more time improving their product listings and sourcing new products than those who do not.
Potential for growth
As you grow your customer base and increase sales volume, Amazon will give you more storage space in their warehouses to store more inventories so that you can take on more orders without having to worry about running out of stock or having delays in shipping times due to inventory shortages. If done correctly this can lead to exponential growth in your business
No taxes
The final benefit is that there are no taxes involved with Amazon FBA private label selling. You can sell as much as you want and never have to pay any sales tax. This is great because if you live in an area where sales tax is high, this could save you hundreds or even thousands of dollars each year.
Conclusion
The main benefits of Amazon FBA are the access to the huge customer base, increased sales and brand recognition. Amazon is a trusted brand that has invested heavily in its fulfilment services. As a result, customers have confidence in shopping on Amazon and this translates into higher sales for FBA sellers. Sellers also benefit from the many customer touch points Amazon provides from product pages to reviews. There are many other advantages to selling on Amazon including free marketing and reduced risk.
