Get Started Selling on Amazon: The Complete Step-by-Step Guide (Part 1 of 12)
By now, you have probably heard the rumors that you can make some serious cash selling on Amazon. Well, I’m here to confirm that those rumors are true. If you are curious but don’t know how to sell on amazon then read on.
On July 22nd 2015, I began my journey as an Amazon seller. In the past 3 years, I played around with the idea of selling on Amazon but did not take it serious. Over that period, I had sold 2 items that were laying around my house but didn’t need.
I’m glad that I decided to give it another try because as of today (exactly 2 months later as of yesterday) out of all my income streams, selling on Amazon has brought in the biggest revenue share- I have successfully generated over $15,000 and counting.
So, as usual I am going to show you how you too can get started in setting up this lucrative income stream for yourself.
There is a lot to cover and I know how easy it is to get overwhelmed by all the information so I am breaking this post into a 12-part series– this post being the first part.
By the end of this series, if you follow everything I outline, you should have your new Amazon store up and running and already making money in less than 30 days (obviously, the results will vary from one person to the next- your job is to do your part).
Part 1: Creating Buyers & Sellers Accounts for Selling on Amazon
In this first part, we will be setting up all the accounts we need to get our new Amazon business up and running. It’s an easy way to get things rolling without taking on too much.
Set up a new email account: I recommend setting up a separate email account to handle all things related to this income stream. Use your favorite email provider, I highly recommend Gmail (it’s what I use) because it contains many useful tools.
Tip: For your email ID, use something that will be close to the name of your Amazon store. If you have no idea what to call your store, just go to Amazon and look at what other sellers are calling themselves and come up with something along those lines.
Your name is not as important at this point because you can always change it to match the niche you finally decide to compete it.
Set up buyer accounts: Use your new email account to open new accounts with DHGate, Alibaba and AliExpress. Make sure all your account information is verified and that your buyer’s account is ready for business.
This is where we will later come back and source our products from suppliers. Don’t worry too much about the details at this point, just get the accounts and we’ll come back to them later.
Create a Google Sheet (Spreadsheet): Use this to save all your account credentials with links to the various websites. Create a tab called “Account Info”, “Credentials” or whatever you’d like to label it. To learn more about Google Sheets, watch this video by Google.
This will come in handy when things start to get a bit chaotic later on during your sourcing process and even after your new amazon business is launched.
Set up an Amazon Seller’s account: Head over to Amazon via this link and set up your seller account. For now go with the free Individual Seller Plan (we’ll later upgrade to the paid Professional Plan but not yet)- we don’t want to be spending any money just yet.
Make sure you verify your phone number and all the account information to get your account ready to sell. Once that’s done, leave it as is and we’ll come back and play around with it later.
Tip: Don’t sign up for the Professional Sellers Account (even with the 30-day free trial) we’ll take advantage of that when we are ready. Saving the $39 (current monthly subscription for the professional plan) is worth it.
That’s it for now.
With all those accounts set up, spend some time familiarizing yourself with how each platform works. Look at how listings are placed, messaging, search etc.
If you have any questions or are stuck and need help completing any of the steps outlined here, leave me a comment below or email me and I’ll be happy to help.
Up Next, Part 2: Researching Hot & Profitable Products To Sell on Amazon
This post is a part of the ongoing Get Started Selling on Amazon: The Complete Step-by-Step Guide series, follow the links below to read them: