Discover all there is to know about Amazon Renewed for e-commerce professionals, including what it is, what may be sold, how to get started, and more.
Selling off your unused-but-returned, scarcely worn, and like-new goods on Amazon Renewed can be a terrific option. But there are a few things to think about before you start listing products (like the definition and how to even get started selling via this method).
Learn all eCommerce experts need to know about selling like-new items on Amazon Renewed by continuing to read.
What precisely is Amazon Renewed, first of all?
Amazon Renewed is a programme for selling nearly-new things on Amazon, is the short explanation. An item needs to fall into one of the following categories in order to be eligible for Amazon Renewed:
A product that has been used, returned, and maybe fixed is often referred to as refurbished. Electronics such as laptops or cellphones are frequently included in this category of items. The product might not have performed as intended for the initial purchaser in those circumstances. As a result, the vendor refurbishes the item to “like-new” state after receiving a return and then offers it as refurbished.
Pre-owned items have also been used before being returned, just like reconditioned goods. When they are returned to the seller, these things are usually in newer, better condition. For instance, a customer might have bought a laptop or even a pair of shoes, utilised it for a very brief period of time, and then concluded it wasn’t the correct thing for them.
The best condition for Amazon Renewed products is represented by open-box items. Although these items have been unwrapped and/or opened, no customers have ever utilised them.
How to Get Started Selling
There are a few steps you must take in order to start selling on Amazon Renewed.
You need to become familiar with the standards because Amazon actually has rather rigorous rules on who can sell on Amazon Renewed.
Anyone who wishes to sell on Amazon Renewed must demonstrate that, depending on the product category, they have recently purchased at least $50K worth of “qualified refurbished items.” Additionally, sellers must keep an order failure rate (ODR) of 0.8% or below and provide warranties lasting at least 90 days.
Select & Purchase the Goods You’ll Be Selling
Once you’ve been given the go-ahead, you must decide which products you wish to sell and then buy them. It’s usually advisable to stay in a sector of business that you are already familiar with if you are an eCommerce vendor. Finding the ideal middle ground in terms of product demand is crucial when choosing which things to provide, as we discussed in our post on how to sell books on Amazon. Manufacturers and liquidation companies are a couple of sources for merchandise.
Sign up and begin selling
It’s finally time to start selling your Amazon Refurbished merchandise! If you aren’t currently an Amazon seller, you must first sign up for an account. Then, just finish filling out an Amazon Renewed application by providing all the necessary information and responding to all the questions.