An Amazon seller wants to sell an Amazon store he no longer wants. Is it reliable to sell the store in this way? The answer is that there are definitely risks, but if you want to avoid Amazon’s complicated review process, you can take over the transferred store. The risk is that Amazon may conduct various verifications, and you may not be able to immediately grasp some of the circumstances of the transferred store.
So what issues do we need to pay attention to when we are selling and transferring Amazon stores?
1. Product source
Amazon has three main business types:
Private Label
Buy directly from suppliers or wholesalers
Retail Arbitrage and Online Arbitrage
Private label businesses are typically the most valuable, while arbitrage businesses are valued less because they require significant ongoing effort and lack a true, unique competitive advantage.
2. Business duration and sales history
When choosing a store, you may find many new stores with skyrocketing sales performance, but often good stores will continue to grow in the next few years. In fact, you should choose such stores with potential utilization value. Another thing to be aware of is the extreme seasonality of product sales.
3. Product review quantity and quality
This mainly applies to private label stores, while product reviews are much less important for stores with a large number of third-party products. Looking at product reviews can give you a better idea of the store’s customer service, and you can use a free Amazon review analyzer like FakeSpot to make sure the reviews are legitimate.
4. Have SOP (Standard Operating Procedure)
Generally, good companies will have good SOPs (standard operating procedures), which are internal procedures designed to execute complex daily affairs within limited time and resources. Stores with high-quality internal procedures are easier to take over.
This is the end of the knowledge about Amazon store sales and transfers. If you want to get more information about Amazon store sales and transfers, please pay attention and we will continue to answer your questions~
