How much does it cost to do e-commerce on Amazon? Is it profitable?

How much does it cost to do e-commerce on Amazon? Is it profitable?

Many people want to do e-commerce, but now domestic e-commerce has developed very maturely, so the competition is very fierce, and there are not many advantages. So everyone wants to do cross-border e-commerce, so how about the income of Amazon e-commerce?

How much does Amazon e-commerce earn?

1. To open a store on Amazon, in simple terms, we buy goods from domestic e-commerce platforms and then sell them on Amazon, a cross-border platform. We earn the difference, and there is no need to buy and stock up goods, and there is no pressure to stock up.

2. Some friends may say, I have learned about Taobao in China, which also has this model. I can choose products on 1688 and sell them on Taobao, and I can also make a profit from the price difference. Why bother to do Amazon?

It is normal for people who have not learned about Amazon's cross-border e-commerce to ask such questions. However, several of Amazon's sites - North America, Europe, Singapore and other six countries are in developed countries with a relatively high consumption level. A 5-10 times markup of Chinese small commodities is not too high in these countries and is within their consumption range. You can imagine the profits.

3. Due to the exchange rate difference, 8 yuan in China = 1 euro, 7 yuan = 1 dollar, and 9 yuan = 1 pound. A backpack that costs 30 yuan on the domestic platform can be sold for 30 euros, or 240 yuan, on the European site. The profit can be imagined.

There is a saying on Amazon: 70% depends on product selection. It means that Amazon is a platform that focuses on products and not stores. Your product is equivalent to a store. You don’t have store weight, but you have the weight of a single product. Many stores on the Amazon platform only have three or five products in a store, because as long as you sell a product correctly, you can create a hot item and even bring in tens of thousands or hundreds of thousands of dollars in revenue.

4. The quantity limit on Amazon is different from that on Taobao in China. Except for the 2,000 items per week in the first three months, you can upload unlimited items on Amazon. On Taobao, a large category only has a few thousand items. Small categories not only require you to pay to open them, but you can only upload dozens or hundreds of items. You even need to buy picture space on the Taobao platform, otherwise your products will have no pictures to display. On Amazon, as long as your products are good enough, you can still get high profits and sales without placing orders or running advertisements.

In fact, the profit of Amazon e-commerce is still very high. Therefore, if you want to do cross-border e-commerce, you must choose the goods well. After all, cross-border e-commerce is to earn the difference in price. If the goods are not selected well, it will be difficult to do it.

Recommended reading:

How to advertise new products on Amazon? How much does it cost?

When does Amazon's new product period start? How many days does it last?

How to quickly distribute products on Amazon? What should you pay attention to when distributing products?

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