So you’re looking to make money online and have started selling on Amazon. Now you’re ready to take your Amazon business to the next level—perhaps from side hustle to full-time business.
How to make money on Amazon
You’ve got two ways to grow: either by reaching more people (and selling more products)! or squeezing more revenue from the products you’re already selling.
Selling on Amazon can help shoppers discover your brand! opening a philippines email list productive On Amazon: additional sales channel for your Shopify store. Here’s what you need to know to maximize your sales on Amazon.
Bundle products together
Negotiate discounts with your supplier
Optimize your product listings and titles
Get your pricing right
Share product listings on social media
Encourage product reviews
Launch a Lightning Deal
Cross-sell your products on Shopify
Maximize exposure with Amazon Advertising
Invest in ecommerce marketing campaigns
Create engaging content
Use high-quality product photography
Study the competition
Don’t try to game the system
Build on your existing Amazon relationship
Here are strategies for marketing your product and maximizing revenue on Amazon.
1. Bundle products together
Product bundling is when you promote two or more products for purchase together! and it’s a proven way to make money on Amazon. Bundling products can help boost average order value so you can increase profit margins without having to make more ecommerce accounting faq sales. Often! merchants will offer a discount for product bundles.
Dirty Labs! for example! sells nontoxic laundry detergent products. It has a liquid lob directory soap available in two scents and a laundry booster powder—all three are available for purchase individually on its ecommerce website and Amazon store. Dirty Labs also bundles the products so shoppers can purchase both detergents or a detergent and the booster together in a single shopping cart item.
When considering which products to bundle for Amazon! look at your analytics to see which items are most often purchased together. You can then bundle these bestsellers—for the convenience of your shoppers.
When selling product bundles! make sure you integrate ecommerce systems so you can account for and manage inventory on Amazon! your Shopify store! and any other sales channels. For example! if you sell out of one of the products in the bundle! you want to have systems in place to hide out-of-stock items so customers are unable to purchase that particular bundle. Otherwise! you may risk sacrificing customer satisfaction.