Why Amazon FBA?
In this post, I’m going to talk about Amazon and why to choose it to sell your products online. The first thing that I want to say is that Amazon is the biggest online marketplace on Earth.
It has millions of products available on its platform and there are multiple international marketplaces available for different countries like the United States, Germany, UK, France, etc. Amazon has millions of products listed across all of those international marketplaces, which Amazon supports.
It is a well-known fact that Amazon is the biggest online retailer in the world.
Amazon takes almost 50% of the market share in all e-commerce happening online.
Amazon is way ahead of eBay Walmart and other well-known retailers.
Multiple researches show that more than half of all consumers who are searching for products online go to Amazon first and then try to find products somewhere else.
Also, even if they don’t start their search with Amazon, they will visit it at a later stage.
It is a known fact that 90% of all buyers online come to Amazon to check prices to see whether they can find a better deal for the same product that they have found somewhere else.
Amazon now is also the biggest search engine for products. It used to be Google but today more people go directly to Amazon to search for products instead of going to Google.
This is another benefit of using Amazon for our purpose.
let’s quickly talk about Amazon Prime. I am sure that most of you have heard about it. With Amazon Prime membership, Amazon brought its marketplace to a different level.
There are more than a hundred million people just in the United States alone, who have joined Amazon Prime. Prime membership allows its members to get special deals and get their products delivered to them on the same day.
The research shows that Amazon Prime member in the United States spends $1400 on average per year on products that are being sold on Amazon.
Jeff Bezos the CEO and the owner of Amazon said in one of his recent letters to the shareholders that Amazon Prime had more members than a whole population of Germany. This proves that Amazon is the best place to go to when it comes to selling products online.
Most people believe that only Amazon sells products on its marketplace, but this is not actually true. More than half of all products that are being sold on Amazon are actually sold by third parties, by people like me and you.
This provides us with a great opportunity to tap into this market.
Summary – Amazon FBA Benefits
To summarize everything, Amazon is the biggest place on Earth for selling products online.
It is just a marketplace that allows anyone to sell their products on it.
In recent years more and more people go to Amazon first and even if they have found a product somewhere else they still go back to Amazon to see whether they can find a better deal for the same product.
The fact that they allow us to trade on its marketplace gives us a great opportunity to tap into this marketplace.
I hope that this information is useful and that you can also see Amazon FBA as a great opportunity to make money online.