Want to get in on Canada’s e-commerce market? Try Amazon Dropshipping

E-commerce is expected to grow 15% in 2022, with Amazon accounting for a large chunk of sales. Learn how to start selling online and have your part in the action

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Across the country in 2022 there are over 27 million e-commerce users— which makes up 75 percent of Canada’s population — and despite economic uncertainty Ecommerce Sales expected to reach $104 billion by 2025. Until the end of this year the Canadian market is 15 percent growth forecastand Amazon accounts for about 30 percent of that. Suffice it to say that the potential benefits are plentiful for anyone who wants to become one AmazonFBA Salesperson. If you understand the market and niche your business could fill and you have a strong business plan, selling on Amazon could be a lucrative opportunity.

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After the significant upturn in 2020, when the trend towards digitization kept some companies afloat, e-commerce continued to grow well into 2022. If the practicalities of renting a physical store have prevented you from starting a business, you may as well switch. You could build a thriving business online through Amazon’s FBA or dropshipping models, especially if you do your homework. Learn how with Amazon dropshipping and private label courses. These 97 lessons could be the nudge you need to take action.

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What is Amazon FBA?

Potential Amazon store owners have two main options: Amazon FBA and Amazon Dropshipping. With Amazon FBA (Fulfilled by Amazon), you ship a product in bulk to an Amazon facility. Then, when someone orders that product from your store, Amazon takes care of the processing—storage, labeling, packaging, shipping, returns, and customer service. Pricing varies based on the unit sold, but FBA allows you to distribute your product with less overhead than having to organize everything yourself. However, FBA requires more upfront costs than dropshipping.

Amazon Dropshipping, sometimes known as FBM or Filled by Merchant, does not require you to own any products. Instead, your store acts as a middleman between a manufacturer and the customer. The dropshipping model requires you to facilitate the purchase of, market, and promote merchandise that you did not create; They are then sent directly from the manufacturer to the customer. Essentially, Amazon hosts your online store, and you never bother with the inventory.

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By using Amazon FBA or dropshipping for your business, you would be outsourcing many of the major structural costs to Amazon. Although you may be hesitant to confide in yours young business According to another organization, many entrepreneurs thrive as Amazon sellers. For example, Amazon.ca’s top seller, Round3CA, has received over 100,000 reviews in the lifetime of its Amazon store, 96 percent of which were positive over the past 12 months.

Preparing to open your own Amazon store

Starting a business is rarely easy; Among other things, data collection, product procurement and research must be carried out. In 2021, the Financial Post reported on questions a Startup Entrepreneur should answer before starting their business. Although the goals of a small business and a startup differ in terms of funding and investment opportunities over the long term, many of these startup questions lend themselves to the overall needs of starting a small business, even one that is entirely online.

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One of the first recommendations for entrepreneurs is to conduct a market study, namely Amazon FBA online training offers two courses that can help you with this: Google Trends for Insane Growth for Your Business & Brand and Find Your Perfect Customer & Design and Create Your Products & Services. In the lessons of these two courses, you’ll find tips on using a free online data tool for market research, identifying your “ideal customer,” and creating content for that buyer persona.

Align your Amazon business approach with the type of goods you will be selling

Round3CA, Amazon.ca’s aforementioned top store, sells video games and electronics. Rarewaves-CA, the second most popular store, sells electronics and a smorgasbord of other home goods and toys. Other popular Amazon retailers stock books, fashion, crafts, and more. Depending on what you want to sell, the logistics of starting your business can vary.

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For years, Amazon has made approx 64 percent of global print book sales, but many savvy entrepreneurs have started selling books on the platform. If this interests you, then one of your first steps should be studying Amazon’s bestseller list. If you’re looking at what types of books you might want to sell, you can also study Amazon FBA Reseller Pro, a six-hour course that provides instructions for sourcing and selling books for profit, identifying which books to sell to FBA centers and Methods should be sent for sale without taking too much time. Amazon started out as an online bookstore, so you could follow a rich tradition by starting your own Amazon FBA bookstore.

Amazon has its own category for handmade goods. If you sell on Amazon Handmade, you can still use Amazon FBA, and users reported average profit margin of 26 percent in 2021. If you are interested in offering bespoke products on Amazon Handmade, you may also want to learn more about the development, marketingand selling your products – three topics covered in Launch a Successful Amazon FBA Brand. This course is taught by Benjamin Wilson from Entrepreneur Academy. Wilson is a Melbourne based entrepreneur with experience developing marketing strategies for Facebook, Instagram and Amazon FBA.

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Your FBA or dropshipping business idea may not fit exactly into the same categories as other popular businesses, but you could still benefit from studying proven strategies for launching, selling, and growing private label products on Amazon FBA. The Last Amazon FBA Course: 2021 Private Label Guide gives you 50 hours of instruction on everything from labeling and shipping your product, to ranking for relevant keywords within an Amazon search, and more.

Use Amazon FBA or dropshipping and join the e-commerce boom

If you’re looking to start an online business, selling on FBA or dropshipping could be an accessible way to grow and build a strong, active buyer base. While there are many ways to create a thriving brand on Amazon, getting started can be difficult without a thorough guide. Those 11 courses Amazon Dropshipping & Private Label Master Class Bundle could help keep you informed when you start your amazon business and now you can get it for $45.99.

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