Amazon has one of the most well-known sales platforms in about 20 countries. They operate 19 marketplaces around the world, all of which allow third-party vendors to list and sell their products. Amazon also offers approximately 350 million products through these marketplaces. 13,500 merchants in the United Kingdom earn about 3 billion euros per month. However, you do not have to be a large corporation with a warehouse. Many sellers are small enterprises or amateurs who also work full-time. With Amazon being available in the United Kingdom, making a career out of buying and selling would be easy. Additionally, amazon black friday sales could boost profits a lot.
The benefits of selling on Amazon UK
Besides the fact that Amazon sells its own products (e.g. the Echo and Kindle), the vast bulk of what is offered on the website is being sold by first- or third-party vendors. One of the best things about selling on amazon uk is that you are not limited to the UK marketplace. Along with the UK, you can create and manage orders across the other five European-based marketplaces. You can simultaneously sell goods to every marketplace operating in your country. The marketplaces available in Amazon UK are: Spain (Amazon.ES), Germany (Amazon.DE), Italy (Amazon.IT), France (Amazon.FR), and Netherlands (Amazon.NL). Visitors to one of Amazon’s online stores can browse and buy a variety of products, except for a handful of their marketplaces. Following a transaction, Amazon ships the item to the buyer via their fulfilment network.
Some important details before starting
If you wish to sell on Amazon UK, you have two options: the Basic or Individual plan and the Professional plan. The Basic or Individual plan has a monthly sell limit of less than 35 goods. They must also pay £0.75 per product sold, plus extra fees. With the Professional plan, you can sell as much as you want and post several sales at the same time. They have access to bulk listing tools. Regardless of whether you list or sell anything, users of the Professional plan are charged a monthly subscription cost of £25, excluding VAT. This fee is non-refundable and additional charges are applicable. With first-party sellers, Amazon pays the vendor wholesale for the goods and resells them. For third-party vendors, there are two methods of selling available. Picking Fulfilment by Amazon (FBA), their products are stored in Amazon’s fulfilment centres and sold on their website. When a sale is made, Amazon picks, packs, and sends the product on the seller’s behalf. When a sale is made via Fulfilment by Merchant (FBM), They list their products on Amazon but store and ship their own merchandise.
Short recap and conclusion
Buying and selling on Amazon UK are simple and secure for both buyers and sellers. When using the Fulfilment by Amazon (FBA) sale method, Amazon handles storage and shipment. In addition to security and payments. If you intend to make this your primary source of income, the Professional plan would be ideal. It allows you to sell more than 35 things, and it also allows you to generate more profit than the initial cost of the monthly payment.