Why Amazon?
Build quickly an online business, and grow your sales in the largest “shopping centre” of the world - Amazon.
Reasons Why Amazon Is The Best Place
To Start Your Online Business
July 25, 2018
There are many sales platform out there that we can use to start our online business.
But, why Amazon?
In this blog, we will discuss the reasons why Amazon is the best business opportunity and a great place to start your own eCommerce empire.
1. Amazon is a mammoth
Amazon is a huge player that you definitely cannot ignore.
In 2017, Amazon’s annual net sales revenue is $177.87B, Google is $109.65B, eBay is $9.6B, Alibaba is $39.9B, Apple is $229.23B, and Walmart is 481.32B.
Noting that Amazon’s founder, Jeff Bezos, has a net worth of $143.1B and the first person to top $100B as number one is Forbes list of the World’s Billionaires.
Amazon is the Top Online Retail Store with 1.87 billion average monthly traffic and 54.1% traffic share, followed by eBay and Walmart.
For this reason, the odds of getting customers and produce sales are highly in your favor even for a small start-up business.
2. Amazon invest heavily into growth
Amazon has more customers due to its Amazon Prime subscription wherein they offer more deals, discounts, and promos to their Prime members.
Likewise, they expand their marketplace outside of US and acquire market share in existing these marketplaces.
All of these can be used to our advantage as an Amazon seller.
3. Amazon has traffic
There’s a saying that goes like this, “go where the money is”.
Did you know that every other dollar in US eCommerce goes to Amazon?
So, that shows how huge of a player Amazon actually is.
They already have a huge amount of traffic in their website, especially in the US; It’s a safe and secure place to buy; and, people are already familiar how Amazon works!
Thus, you don’t need to get the buyer’s trust because Amazon has it.
4. FBA (Fulfillment By Amazon)
Amazon is the one handling the heavy part of eCommerce – logistics.
They handle shipment, return, and customer service related to orders.
Because of this, Amazon sellers can concentrate mainly on marketing and product listing optimization.
5. Amazon has 12 marketplaces.
Amazon already reached these 12 marketplaces:
USA, Canada, Mexcio, UK, Germany, France, Italy, Spain, Japan, China, India, and Australia.
They use similar/the same platform across all marketplaces, that’s why, it would be easy for you to use different marketplaces once you master one.
Also, they have the resources to break through in each market. So, there are more marketplaces to come as they expand.
6. Amazon provides scalability
Even if you sell in one Amazon Marketplace, for example in USA, you can still grow really fast and BIG.
But, of course, our target customer is worldwide, which we can use Amazon for to sell our products globally in the comforts of our home.
7. Amazon seller registration is fast to set-up
It’s quick to register and set-up your Amazon Seller Central account and you can start selling the same day.
8. Amazon is as passive as eCommerce can be
Building your Amazon account means building your own brand.
Unlike affiliate marketing or retail arbitrage where you sell other people’s products,
Amazon gives you the opportunity to sell your own product with your own brand, which you can sell later on if you choose to exit the business.
There’s a big demand for Amazon businesses (brands selling on Amazon) in US right now.
This means that there are a lot of buyers looking to acquire brands that are selling on Amazon.
By Roxie
July 25, 2018
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