Amazon is one of the best places in the world to do dropshipping, where you can make a lot of money. But dropshipping isn’t as easy as it sounds because it involves a number of complicated steps. From choosing the right products to the right dropshipping supplier, there is no room for error.
If you want to start a dropshipping business on Amazon, stay with us and we’ll teach you everything you need to know about choosing products and suppliers.
What’s the point of having a choice on Amazon?
Say you want to start selling gadgets on Amazon. Just because you want to sell gadgets doesn’t mean you can just choose one and start selling it. If you start out with the wrong products, you could lose a lot of money because you might not get many good orders and your FBA fees might go up. So, here are a few reasons why you need to choose something from Amazon before you start.
It helps people deal with risks
The choices give you an idea of how well a product could work for you. You can look at sales data for different products, which will make it much less likely that you’ll make the wrong choice. So, if you make a good decision based on what you know, you can handle the risk of loss well.
With a wide range of products, you can beat the competition and a crowded market.
Keep in mind that you won’t be the only one selling that product on Amazon. There will be others. So, knowing who your competitors are and how full the market is for a certain product can help you beat them. By keeping an eye on your competitors, you can choose products that might give you an edge.
You can do a good job of picking the right marketing plan.
How you market can have a big effect on how much you sell on Amazon. So, when choosing products, you might come across tools and information that show you how competitors are using their products. So, you can use the successful ones as models for your own marketing plan.
How to decide what to buy on Amazon?
Now that you understand why Amazon’s selection is important, it’s important to know how to choose products. The main idea is to put yourself in the shoes of a customer and think about what they would love to buy.
You also need to make sure that your margins are fair and that your FBA fees are low. Here’s everything you need to know about how to pick the right products on Amazon.
Start by looking at the range of prices in your niche.
The prices are the most important thing. The cheaper items don’t have a lot of customers, and the more expensive ones don’t have a lot of customers. So, you should start at the sweet spot of the price range, which for most products is between $20 and $50. These are the products that most people will buy right away.
Cut down on your FBA fees.
If you want to keep making a lot of money, you need to lower your FBA fees. One way to do this is to choose products that are lighter and smaller but still hit that sweet spot.
Look for the words or phrases.
Amazon tells you everything you need to know about how its products are selling. You can use those insights to find out which keywords get over 100,000 searches each month and are among the best. When selling on Amazon, those keywords lead to better results for the products that fit them.
Make sure your profit margin is good for buyers.
As a general rule, your profit margins should be good for both you and your customers. Anything under 25% will help you keep prices that are fair and competitive while still making enough money.
Choose the products that don’t have as many reviews.
There will be products that are perfect in all of the above ways. When they have a lot of reviews, that’s the only time they can be a problem. That means there is a lot of competition, and if your product and a competitor’s product both have a lot of reviews, customers will choose the one with more positive reviews. So, start with items that don’t have a lot of competition.
How to find the best provider?
Once you know what products you will be working with, you need to find the right supplier. It is one of the most important things for the success of your Amazon dropshipping business. So, here are all the things you need to do to find the right dropshipping supplier.
Order from one of your rivals
Order from a competitor and find out where to send the package back. That will be the address of the provider. You can order from more than one competitor, and if you see the same name everywhere, you’ll know that’s the right one.
Talk to the company
You can call the manufacturers and ask who they work with as suppliers. With this easy trick, you can find out who the best suppliers are for that niche.
Find out more.
Google will always know the answer to any question you have. So, use Google to find out which company has the best services and experience. Make sure the seller is following the rules set by Amazon.
Avoid the fake ones.
Even if you do everything right, you should stay away from the fake ones. Here are some things that fake dropshipping suppliers have:
- They take orders from anyone
- there is no minimum order
- they list their contact information
- the supplier doesn’t know much about the business.
Here are some of the best things you can do
Here are some of the best options if you want to find the best dropshipping suppliers for Amazon dropshipping.
AliExpress
It is known all over the world for its experience with wholesale dropshipping. Most of the sellers here are from China, and they ship their cheap, good-quality goods all over the world. This is a great option for you.
dropshipcorporation
Dropshipcorporation is different from other platforms because it only has 165 reliable suppliers. dropshipcorporation has multiple warehouses that offer the fastest delivery times, and it is a smart platform that integrates directly with your Amazon store to make payment and order processing easy.
Alibaba
If you are doing B2B dropshipping or FBA, you may want to go to Alibaba, where you can find the best B2B deals in bulk. Remember that this is not the fastest shipping time you can find.
SaleHoo
SaleHoo has a list of more than 8000 dropshipping suppliers that you can use. It costs $67, unlike AliExpress, which is free.
In the end
Dropshipping on Amazon can be very profitable, but you can’t make any mistakes if you want to make the most of it. When choosing a product or supplier for Amazon, most people who are just starting out make mistakes. But you can always use the tips above to choose the right one and get the most out of it.
