Can i make money by registering as a seller on ...

Can i make money by registering as a seller on Amazon?

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Deal Subedar
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Can i make money by registering as seller on Amazon? i am a unemployed guy. i don’t have any local bussiness too. so i don’t have any GST number or any licenses.

i have PAN and aadhaar only.

i am very interested to start bussiness with Amazon.

how could i make my dream true?

19 Comments  |  
8 Dimers
Missing
Deal Lieutenant
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6580
113

GST is a must on amazon now to sell… previously they had local selling but GST was made compulsory there too and many sellers were off the radar

last year amazon stopped non GST local selling and this year completely withdrawn it.

now only those with GST can sell on amazon

Missing
Deal Cadet
101
384
8

Getting GST is not a big deal. It’s easy.

More important is what are you gonna sell? If you are a third party, do you have authorization (certificate) by manufacturer to sell online.

If you are manufacturing the product yourself, great, make sure your margins are more than 10% as amazon will eat 5% of your profits easily.

Dual survival cody lundin 2
Deal Captain
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13120
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Get registration.

The best things to sell if you don’t have any idea right now is:

Cow Dung Cakes
Cow Urine
Hay
Grass
Live Plants

250px mickey mouse svg
Deal Subedar
11
1330
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Cody wrote:

Get registration.

The best things to sell if you don’t have any idea right now is:

Cow Dung Cakes
Cow Urine
Hay
Grass
Live Plants

oh my god… smile

i like to sell fashion products like mens apparel.

250px mickey mouse svg
Deal Subedar
11
1330
8
sobirvs wrote:

Getting GST is not a big deal. It’s easy.

More important is what are you gonna sell? If you are a third party, do you have authorization (certificate) by manufacturer to sell online.

If you are manufacturing the product yourself, great, make sure your margins are more than 10% as amazon will eat 5% of your profits easily.

i would like to buy mens apparel from wholesaler and sell on amazon… how to get GST number for this type of bussiness?

Missing
Deal Lieutenant
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6580
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Cody wrote:

Get registration.

The best things to sell if you don’t have any idea right now is:

Cow Dung Cakes
Cow Urine
Hay
Grass
Live Plants

flushed yeh sab amazon main allowed hai kiya
Missing
Deal Cadet
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ssganesh wrote:

i would like to buy mens apparel from wholesaler and sell on amazon… how to get GST number for this type of bussiness?

Pm me can help you in getting gst registration

Pikachu
Deal Lieutenant
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@ssganesh On amazon.in you will hardly able to make profits. There are plenty of fees involved in it. You can only be successful there if you are selling something unique so it doesn’t compete with other large sellers or you else buy in bulk.



Or you can always start drop-shipping on amazon.com or Wallmart which involves less stress and gives high returns.

See the below link for reference and calculate the fees according to the product/category to sell on Amazon.in.

https://services.amazon.in/services/sell-on-ama...


For example, you sell jeans on Amazon.in worth Rs:- 600


Amazon will take:-

1. Referral fee :- 600*17% = 102
2. Fixed Closing Fee (Self Shipped) :- 20
3. Shipping Fee (Self Shipped) :- 40-50

Total :- 102+20+50=172 INR

So for the 600 rs jeans you will get in hand = 600-172=428
Now from 428 -Cost of the product = Your profit.

P.S :- GST not included.

250px mickey mouse svg
Deal Subedar
11
1330
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malikcool wrote:

@ssganesh On amazon.in you will hardly able to make profits. There are plenty of fees involved in it. You can only be successful there if you are selling something unique so it doesn’t compete with large sellers or you buy in bulk.

Or else you can always start drop-shipping on amazon.com or Wallmart which involves less stress and gives high returns.

See the below link for reference and calculate the fees according to the product/category to sell on Amazon.in.

https://services.amazon.in/services/sell-on-ama...

For example, you sell jeans on Amazon.in worth Rs:- 600

Amazon will take:-

1. Referral fee :- 600*17% = 102
2. Fixed Closing Fee (Self Shipped) :- 20
3. Shipping Fee (Self Shipped) :- 40-50

Total :- 102+20+50=172 INR

So for the 600 rs jeans you will get in hand = 600-172=428
Now from 428 -Cost of the product = Your profit.

thanks bro for the detailed info!

Dp
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malikcool wrote:

@ssganesh On amazon.in you will hardly able to make profits. There are plenty of fees involved in it. You can only be successful there if you are selling something unique so it doesn’t compete with other large sellers or you else buy in bulk.



Or you can always start drop-shipping on amazon.com or Wallmart which involves less stress and gives high returns.

See the below link for reference and calculate the fees according to the product/category to sell on Amazon.in.

https://services.amazon.in/services/sell-on-ama...


For example, you sell jeans on Amazon.in worth Rs:- 600


Amazon will take:-

1. Referral fee :- 600*17% = 102
2. Fixed Closing Fee (Self Shipped) :- 20
3. Shipping Fee (Self Shipped) :- 40-50

Total :- 102+20+50=172 INR

So for the 600 rs jeans you will get in hand = 600-172=428
Now from 428 -Cost of the product = Your profit.

A friend of mine sells earphones on Amazon for 2999 a piece. Can you tell me how much would Amazon be charging him?

Pikachu
Deal Lieutenant
11
3683
52
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alphagirl wrote:

A friend of mine sells earphones on Amazon for 2999 a piece. Can you tell me how much would Amazon be charging him?

He shipped himself or by amazon?

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malikcool wrote:

He shipped himself or by amazon?

Amazon. One piece ships in one small box of dimensions 3×6×8 inches approx. 250gms

Pikachu
Deal Lieutenant
11
3683
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alphagirl wrote:

Amazon

Okay. Here’s the breakdown:-

Amazon Referral Fee 3000*14% :- 420
Amazon Closing Fee :- 40
GST on Total Amazon fees:- 94.68 (@18%)
Cost of Shipping (By Amazon) :- 66 (Upto200 gms/Nationally)

Total Cost :- 420+40+94.68+66=620.68

So total fees, GST and shipping charges he is paying to amazon is:- 620.68

3000 – 620.68 – (Cost Of the product) = His Profit

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malikcool wrote:

Okay. Here’s the breakdown:-

Amazon Referral Fee 300*14% :- 420
Amazon Closing Fee :- 40
GST on Total Amazon fees:- 94.68 (@18%)
Cost of Shipping (By Amazon) :- 66 (Upto200 gms/Nationally)

Total Cost :- 420+40+94.68+66=620.68

So total fees, GST and shipping charges he is paying to amazon is:- 620.68

3000 – 620.68 – (Cost Of the product) = His Profit

OMG. Amazon is the biggest looter. Now I know how they give such nice cashback offers.
Thanks for the breakup, really helpful.

Pikachu
Deal Lieutenant
11
3683
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alphagirl wrote:

OMG. Amazon is the biggest looter. Now I know how they give such nice cashback offers.
Thanks for the breakup, really helpful.

Yup. And that’s the reason if a small seller accidentally mentioned the wrong price and somehow customer ordered it they call back customer to cancel the order as on top of such big fees charged by amazon they can’t afford pricing error.

Img 20190301 141207
Analyst
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Instead of clothes try selling books on AZ.
Problem is a lot of guys and girls (over 30%) wear the clothes for a party and next day file for a return request for size mismatch or torn garment.
there are genuine cases but quite a lot are fraud. They cannot be sold to another person so 100% loss.
Do keep that in mind plus Amazon will not let go of its fees nor shipping charges. Sellers on AZ please elaborate on how the returns work.

250px mickey mouse svg
Deal Subedar
11
1330
8
dharmanath481 wrote:

Instead of clothes try selling books on AZ.
Problem is a lot of guys and girls (over 30%) wear the clothes for a party and next day file for a return request for size mismatch or torn garment.
there are genuine cases but quite a lot are fraud. They cannot be sold to another person so 100% loss.
Do keep that in mind plus Amazon will not let go of its fees nor shipping charges. Sellers on AZ please elaborate on how the returns work.

thanks bro good suggestion

Missing