Amazon Marketplace

Amazon Marketplace is an e-commerce platform owned and operated by Amazon that enables third-party sellers to sell new or used products on a fixed-price online marketplace alongside Amazon's regular offerings. Using Amazon Marketplace, third-party sellers gain access to Amazon's customer base, and Amazon expands the offerings on its site without having to invest in additional inventory.

Items purchased on Amazon from third-party sellers are either fulfilled by the merchant (FBM) or by Amazon (FBA). FBM goods are kept in the third-party seller's inventory, and shipping and customer service are handled by the third-party merchant. FBA goods are stored in Amazon's fulfillment centers, and shipping and customer service are handled by Amazon.

Amazon charges its third-party merchants a referral fee for each sale which is a percentage of the sales price. Additionally, sellers using FBA must pay additional fees which include a pick, pack and weight charge.

Third-party sales on Amazon account for around 31% of Amazon's annual sales.[1]. In 2016 Amazon.com aided more than 10,000 sellers[2] to generate more than $1 billion of annual sales.

See also

References

  1. ↑ Martin, Christian. "5 Myths About Selling on Amazon". Entrepreneur. Retrieved 13 November 2015.
  2. ↑ "Amazon's Third-Party Sellers Had Record-Breaking Sales in 2016". Fortune.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.