The major part of the profitability of any business is the purchasing, maybe the raw material, goods or services.
Before proceeding further to know the ways to get benefits from Amazon, I would like to discuss some other factors.
WHY GO ONLINE?
As you are aware the internet has changed the behaviour of the common man regarding any query, purchasing & developing trust in any person, products, business ...
Keeping the changes in mind we should switch our business online.
You might ask me if my business is a beauty parlour or a restaurant, etc. how can it be online?
You might have noticed during your searches, that Google is helping you by showing you the "near me Saloon" or "near me restaurant". This is due to that particular saloon, parlour, restaurant, shop or establishment having its online presence.
The online presence brings or facilitates the customer to your destination.
HOW CAN MAKE BUSINESS ONLINE?
To make business online doesn't require an IT expert or more money, you can easily develop your website only thing you need is a Hosting site( to load your website online), a Domain name(online address) & software/ content management system(CMS) in simple words a platform to design your website.
Trusted web hosting company Milesweb provides hosting services along with a lifetime free Domain for just Rs 60/-($1) per month.
A domain name can be your business name(you have to check availability) or related to your business.
You can install WordPress (a CMS) to design your website as per your choice & it's free.
If you feel uncomfortable in developing a website you can hire a website developer online on Fiverr. You can also contact me to develop your website at very nominal rates.
If you don't want to do expenses(although very low expenses) don't worry you can make a free website on Google My Business.
After making your website ask your customers to add a review on your site to get a high ranking on search engines & your business will be shown on the top when anyone searches for "near me ..."
WHAT IS AMAZON BUSINESS?
Amazon business is an online marketplace for business-to-business (B2B) of all sizes business including industries that help you to make bulk purchases with GST invoicing.
BENEFITS OF AMAZON BUSINESS
On Amazon business, you can directly buy from the manufacturer reducing your purchase price hence increasing your profit margin & income.
You can also make an online purchase at a wholesale price & can save up to 28% on your business purchase.
As the market is becoming competitive you can compete with competitors providing different world-class goods at a reasonable price which will enhance your sales, and increase turnover & profit margin.
Making your business online by your website you can also sell products online by placing product information along with images of products on your website.
Amazon Pay for merchants helps you get online money directly from your customers. Also, Amazon Pay helps you to grow your business by customer conversion & retention. Millions of Amazon customers can shop on your website with their stored Amazon Account.
Moreover, you get
GST invoicing for the input tax credit.
Amazon Guarantee
Easy returns & replacements
Fast reliable shipping
Business Analytics: you will get a customised insight report into business spend
Looking at the benefits & getting goods at your destination hassle-free at economical prices without searching & going to the local distributors or wholesale market, shaving petrol & time in purchasing don't you think it's a correct decision of taking the advantage.
ENJOY BUSINESS
The opportunity to order online and leverage great savings can really help a business with it's financial bottom line. After all, every penny counts when you're trying to build a business, especially in the face of the current global situation. Thank you for the advice!
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