Amazon Checkout? Why? Here’s a crazy fact you must know
Amazon is literally the eldorado of ecommerce nowadays. It’s a #1 marketplace that in 2022 had 300 million active users (the number keeps growing since then and doesn’t show any signs of slowing down!)
Nothing is a better proof than the real numbers, we all know it. Amazon has all the trump cards here too: nearly 514 billion U.S. dollars in net sales revenue worldwide are no joke. You can and must fit in and benefit from what this platform gives you.
Those ecommerce newbies who ignore Amazon in 2023 will be thrown away from the competition (some already are), so be careful. As we already said in the previous chapter: people are more likely to make a purchase on Amazon, the most popular marketplace, than on a website they see for the first time in their life (can be your website based store). That’s why instead of just finishing the lead’s journey on your website’s checkout page like most of outdated funnels do, our funnel adds one more stage, which is Amazon checkout – this is the unbeatable way to make your first-time visitor make a purchase.
How much can you make selling on Amazon? Actually, the earning spectrum stretches far and wide.
A significant cluster of sellers hover around $1,000/month. Yet, there are the Herculean sellers who manage to pull a staggering $100,000 each month. Just let that marinate for a second!
To throw some percentages into the mix:
- 50% of sellers land between a cool $1,000 and $25,000 a month, translating to a substantial $12,000 to $300,000 annually.
- The high rollers, making up 13%, are cashing in between $25,000 and $250,000 every month. That’s a staggering $300,000 to $3,000,000 every year.
- However, every garden has some weeds. 22% are inching in under $500 monthly, and a small 3% seem to be in the dark about their earnings.
Furthermore, Amazon’s conversion rate is through the roof! This means that people who visit the platform are more likely to make a purchase. This is thanks to Amazon’s reputation as a trusted online marketplace. Plus, Amazon’s search algorithm is optimized to help customers find the products they’re looking for quickly, which can increase the chances of a sale.
| 89% of Amazon sellers are profitable |
64% of Amazon sellers achieve profits in their first year of selling |
| $1,000 – $25,000 is how much 50% of Amazon sellers make per month |
$30,000 is how much new Amazon sellers make per year on average |
Here’s just one small feedback from one of our clients, Sayed, who decided to win Amazon once we told him about it and gave the right instruments:
| “My whole life seemed like waiting for the next salary”, says Sayed Hashmi who started selling on Amazon with no ecommerce experience whatsoever.
“I could barely afford extra activities, extra spendings… This ecommerce business made it all resolved and I’m making savings to enjoy quality time with my family and friends. I have a full-time job as well, so dedicating only 2 hours a day to my store, I make $9,000 in revenue per month.” |
 |
How to become an Amazon seller? Moreover, how to do it as effectively as Sayed did?
It’s simple but avoid skipping steps!
- Decide what you want to sell.
- Create an Amazon Seller account.
- List your products.
- Decide on a fulfillment method (Fulfillment by Amazon or self-fulfillment).
- Manage and optimize your listings.
Opportunities Amazon gives as an ecommerce platform:
- Huge Customer Base: Access to millions of potential customers.
- Trust: Customers often trust buying from Amazon because of its reputation and return policies.
- Fulfillment Options: With Fulfillment by Amazon (FBA), Amazon handles storage, packing, and shipping.
- International Reach: Ability to sell products globally.
- Advertising & Promotions: In-built marketing tools to promote listings and drive sales.
- Seller Support: Various tools, data analytics, and resources to help sellers.
In simple terms, Amazon offers a platform with a vast audience, tools to help you sell, and options for handling inventory and shipping. And of course, a high-converting checkout page that is easily incorporated into your landing page to boost leads’ motivation to make a purchase due to the trust factor! Right as we need it.
Success depends on making informed choices and managing the business efficiently, with Amazon in our funnel we do just that.
Are you ready to test your knowledge now as you’ve learned the Alpha Funnel structure and stages in detail? Let’s do this!
