Thinking of joining the Amazon seller marketplace, for those extra customers and additionals leads? Every seller at one point must have thought about selling their products in the online market, so yes it’s okay, I can completely relate with you. But don’t you think doing a little research before jumping into the online business is a better idea?
If you do, then keep on reading this article because here I am going to share a few facts, experiences and difficulties faced by previous sellers.
Every month thousands of online sellers quit amazon’s marketplace, and there are multiple reasons behind it. As the e-commerce industry is spreading its roots to all the places, its also affecting the businesses on a really large scale, one of the major reason is :
Not generating profits.
Selling on Amazon and generating profits are two different things. Selling on Amazon is easy but making the profits out it takes little time. Sellers want to see the results from the first day which could be nearly impossible. Even you, ask yourself, don’t you want to start getting profits from day first? But its usually not the case. You, in fact, earn less on per product with online selling.
Take an example of amazon itself, suppose you are selling a garment, a ladies Kurti for say, if you selling it offline you directly sell it at the price of INR 500 and get all 500 in your hand, but this is not the case with online selling if you place the price of 500 you are getting about INR 350 after deducting all the feeses.
Due to the utter benevolence of amazon for their customers, sellers have to face the difficulties. As Amazon is expanding its business globally and trying to give the best possible service to its customers, but in return, customers are taking advantage of this valuable service by being dishonest and violating the policies. Even after receiving what they ordered a lot of customers put return and refund requests and return the used or broken products or absolutely different products which result in the loss of the seller.
Warehouse and storage issue
The major issue sellers face is with the inventory and warehouse. The cost of renting warehouses is so high that only a few sellers can afford and maximum sellers keep the products at home resulting in the damaging and ruinous of the products. And maintaining the data of inventory is again a tough task which very few can manage. Obviously keeping a track of how many products you sold, how many are still in transit, how many orders customers have placed etc is a little difficult to keep a track of, especially for new sellers.
Haha? You must be thinking what a silly point it is. But no my friend it isn’t. But in reality it’s an important one, just think who will bear the loss if the product gets damaged while delivering due to the poor packaging? You and only you.
The packaging is the utmost important task to do because we all know about the wonderful delivery service of India and how carefully they handle our packages. Most of the sellers face huge losses just only because of this tiny issue of not knowing how to pack the product rightly.
Lakhs and lakhs of new sellers are becoming a part of the Amazon marketplace making Amazon more and more competitive for new sellers. It’s really difficult for new sellers to get noticed and more importantly many sellers who stay in the hope of selling out the whole inventory within a month face the major issue. And those who have invested a high amount of money in inventories by taking the loans face a major loss. Thankfully there is a company for sellers like us who can help us in achieving our targets by giving us the promise of guaranteed sales on Amazon.
No, please don’t lose hope after reading this article, that was just a piece of information which I have shared with you because we believe in sharing as much knowledge as we can with our readers but not to put them in fear but to face the reality of this cruel online world.there is no business in this world which can run smoothly every business has its own drawbacks but we should know how to overcome from these difficulties.
There is nothing in this world which cant we achieve if you are worried about the sales of your business and anxious how to build strong online presence then surely visit them