CAN YOU HAVE YOUR OWN AMAZON PROFITABLE STORE?
The Fulfillment by Amazon (FBA) business model continues to grow in popularity, and for good reason. Fundamentally, it’s the same as a traditional ecommerce business. But, instead of your having to fulfill orders one by one, Amazon stores your products for you and even picks, packs and ships them out to customers.
The FBA business model allows you to leverage Amazon’s robust distribution network and customer base. As noted, Amazon will warehouse your products, fulfill orders and even provide customer service so you don’t have to be hands-on with every aspect of the business.
What this means for entrepreneurs is that you can act like a big corporation without the headache of actually being one. You can focus on finding product opportunities while Amazon handles the rest on your behalf.
In a typical ecommerce business, you have to figure out the logistics of sending products to your customers in a timely manner. However, with FBA, Prime members get most orders shipped to their door within two to five days.
Another common challenge with an ecommerce store is that inventorying and listing additional products for sale can increase the complexity of your business. With FBA, all you need to do is ship the products to Amazon’s warehouse, and the company will take over from there. You can easily increase your product selection without significantly adding to your workload.