How Do You Maximize Profits On Amazon?
Amazon offers one of the largest online marketplaces for selling books, movies and music. The site does allow third-party sellers to sell other items, such as electronics, but most sellers stick to media items. To sell on Amazon for the best profits, start with a small inventory of items to list and experiment with. Open an Amazon account. Enter your banking information to allow Amazon to deposit funds directly into your account. Amazon will confirm your phone number, address and bank information to get started. Begin evaluating your inventory. Join the Amazon Pro Merchant system if you have enough inventory that will make up for the $40 monthly fee. Keep a standard account if the inventory is smaller. Check the items to make sure they are each worth at least $1. Selling items that are worth less will actually cost you money, unless you have a Pro Merchant account. Remember the 15 percent commission when you set your prices. Write down your inventory cost. Sell items on Amazon for more
