FBA stands for Fulfilment By Amazon.
With this business model
– amazon store your stocks and pack and ship your products to your customer
– amazon do all packaging and shipping
– they also handle any returns or refunds .
With FBA you will store your products in Amazon’s fulfillment centers, and they pick, pack, ship, and provide customer service for these products. FBA can help you scale your business and reach more customers.
When you list products for FBA, they are eligible for free shipping, too .
Now Lets look at how does Amazon FBA Works ?
How Amazon FBA Works
1.You need to Send your products to Amazon FBA warehouse
You tell them what products you’re sending, and they tell you which warehouses to ship your products to.
2. Amazon sorts and stores your products.
Once Amazon receives your products, they’ll sort and add them to their inventory.
Your products are then stored safely in their warehouses.
3. A customer buys your product.
Amazon takes care of the entire transaction for you.
They accept payment and update your inventory automatically.
4. Amazon ships your product.
One of Amazon’s warehouse workers (or robots) grabs your product from storage, packs it into a box and ships it to the customer.
5. Amazon handles customer service – well, a lot of it.
Once the customer receives your product, Amazon follows up to make sure they’re satisfied with the shipment.
They also handle any returns or questions from the customer.
As for any feedback you receive on your product listing, it’s up to you to respond and take action.
6. You get paid.
Every two weeks, Amazon totals up all your sales, deducts your seller fees and deposits your profits directly into your bank account.
That’s it! Sound pretty easy? Nar , not really . Just like any others businesses , you need to put in the hard work , to make it works !
I will be sharing more about amazon fba business model in this couple of weeks . Stay tune and make sure that you subscribe to my youtube channel weng honn . All da best .