Amazon has decided to allow consumers to use HSAs (health savings accounts) and FSA (flexible savings accounts) allowing individuals to use their pre-tax income in order to cover their out-of-pocket medical expenses, such as medical supplies.
The attention-grabbing business in the USA is wide, and anyone who wishes to sell a service, idea, or product needs potential customers to be interested. Last year alone approximately $212 billion was spent to achieve this task alone. Most of which is directed towards online advertising. To be specific a great deal of sellers have now turned to Amazon for their advertising needs. Allowing them to double their revenue in a year. Making it's $6 billion a solid 3rd place lead in the market.
While Amazon is intensely popular to both buyers and sellers, it is not an easy place to sell your goods. This is merely due to the fact that you have endless competition on Amazon, until and unless you are selling a one of a kind product. To help you out, regardless of what you are selling here are 10 things you must consider if you wish to sell on Amazon.
Amazon is now pushing wholesale vendors to sell directly - cutting the middle man in the process.
More than half of the sales made on Amazon are by third-party merchants. With that in mind, the company is looking to expand its coverage.
By cutting back on orders from many wholesale vendors Amazon is pushing them to sell their inventory directly on Amazon. This will not only reduce overhead, in addition, but it can also help open more space in their warehouses and fulfillment centers. Making sure Amazon is able to push a more profitable movement.
Contact Us to learn more about The Starren Group and how we can help you leverage Amazon to grow your business.