Post by account_disabled on Feb 24, 2024 10:24:38 GMT
386 billion dollars in turnover in 2020, a figure more than doubled compared to 2017 and equal to the GDP of a nation like Greece. This data alone, transmitted directly from Seattle headquarters , is enough to understand Amazon's firepower. A giant that, also thanks to the pandemic, has enriched its business by over 100 billion dollars in a calendar year. Information that only partially reflects the exponential growth of the company, born as a book marketplace and becoming a monster capable of broadening its horizons towards different sectors of expertise. Just think of Prime Video, a streaming content platform also widely used in Italy ( second only to Netflix according to JustWatch in the analysis dated June 2021), or Amazon Kindle, an electronic book reader - but also a publishing house with the Kindle Direct banner Publishing. There is much more: a cloud computing platform (AWS), production of various types of objects (Amazon Basics) and also, currently only on the American market, a large-scale retail trade vendor. In our collective imagination, however, Amazon is predominantly the online marketplace par excellence .
It is the first site we think of when we want to buy a physical Middle East Phone Number List object online, with the certainty - or almost - of finding everything we are looking for. At the same time, however, it is also one of the most effective sales portals , within which any company, except for certain exceptions that we will see in this article, can market a proprietary product or one manufactured by third parties. Let's see, then, how to create a winning strategy for selling on Amazon , in which the buying and selling can be entrusted entirely or partially to Amazon itself. Amazon's sales systems Amazon's operation is based on two sales systems: that carried out directly by Amazon and that according to the third-party sellers model , based on third-party resellers. In the first case, the sale is carried out directly by Amazon, for proprietary products, or via Amazon Vendor . In the latter case, it is the platform itself, for products with high potential, that purchases in bulk from producers to offer the product directly through its own structure. The third-party reseller, however, can opt for two business models.
One is arbitrage or resale sales , offering products produced by others on the market. The other - more profitable - is private label sales , through which proprietary products are uploaded onto the platform by registering the brand on Amazon, a case which guarantees numerous advantages both in terms of margins and in terms of brand protection . Selling on Amazon, however, means having to submit to the rules and commission costs of the platform. It is a useful tool in the startup phase of the company , as it allows you to address a vast and indistinct audience of users, but which can also provide excellent satisfaction in a subsequent phase. The first step to start your business on the marketplace is to open your Amazon Seller account . Amazon Seller: account requirements and types Let's start from a necessary assumption: to open a Seller account and sell on Amazon you need to have a VAT number . Even better if registered with VIES , a community system that allows for correct taxation for selling throughout the continent. However, it is not the only necessary requirement, as it is fundamental: Have a business checking account that allows Amazon to deposit receipts Indicate an email address and telephone number that is not used on any other account (even the one used for purchases) to avoid any form of incompatibility Have a credit card Send Amazon a series of documents such as an updated Chamber of Commerce certificate, identity card of the company owner, bill demonstrating the effective exercise of a commercial activity and, in the case of resale or arbitrage sale, letter of authorization from part of the manufacturer.
It is the first site we think of when we want to buy a physical Middle East Phone Number List object online, with the certainty - or almost - of finding everything we are looking for. At the same time, however, it is also one of the most effective sales portals , within which any company, except for certain exceptions that we will see in this article, can market a proprietary product or one manufactured by third parties. Let's see, then, how to create a winning strategy for selling on Amazon , in which the buying and selling can be entrusted entirely or partially to Amazon itself. Amazon's sales systems Amazon's operation is based on two sales systems: that carried out directly by Amazon and that according to the third-party sellers model , based on third-party resellers. In the first case, the sale is carried out directly by Amazon, for proprietary products, or via Amazon Vendor . In the latter case, it is the platform itself, for products with high potential, that purchases in bulk from producers to offer the product directly through its own structure. The third-party reseller, however, can opt for two business models.
One is arbitrage or resale sales , offering products produced by others on the market. The other - more profitable - is private label sales , through which proprietary products are uploaded onto the platform by registering the brand on Amazon, a case which guarantees numerous advantages both in terms of margins and in terms of brand protection . Selling on Amazon, however, means having to submit to the rules and commission costs of the platform. It is a useful tool in the startup phase of the company , as it allows you to address a vast and indistinct audience of users, but which can also provide excellent satisfaction in a subsequent phase. The first step to start your business on the marketplace is to open your Amazon Seller account . Amazon Seller: account requirements and types Let's start from a necessary assumption: to open a Seller account and sell on Amazon you need to have a VAT number . Even better if registered with VIES , a community system that allows for correct taxation for selling throughout the continent. However, it is not the only necessary requirement, as it is fundamental: Have a business checking account that allows Amazon to deposit receipts Indicate an email address and telephone number that is not used on any other account (even the one used for purchases) to avoid any form of incompatibility Have a credit card Send Amazon a series of documents such as an updated Chamber of Commerce certificate, identity card of the company owner, bill demonstrating the effective exercise of a commercial activity and, in the case of resale or arbitrage sale, letter of authorization from part of the manufacturer.