What type of Business Model is Amazon? 1. Amazon Fba FBA, also known as Fulfillment by Amazon, is a fulfillment service that helps Amazon sellers outsource shipping to Amazon. With this ecommerce fulfillment option, Amazon stores, picks, packs, ships, and delivers the products to customers. Amazon also handles customer service and returns for those orders. 2. Amazon FBM? Fulfilled By Merchant, popularly known as FBM, is when sellers list their products on Amazon and choose to ship products to each buyer by themselves. In other words, sellers are responsible for fulfilling their orders and do not rely on Amazon for the same. While it is a rather advantageous method for products with lower margins, FBM Amazon is rather overlooked owing to easy shipping, handling, and other benefits that come with Amazon FBA. 3. Amazon Private Label Amazon private label is where a manufacturer creates a product which is then sold to another company to market and sell under their own brand name on Amazon . 4. Amazon Dropshipping Dropshipping is an order fulfillment option that allows ecommerce businesses to outsource the processes of procuring, storing, and shipping products to a third party—typically a supplier. This fulfillment model commonly appeals to entrepreneurs seeking efficiency and low overhead, but it can come at a cost—especially when it comes to customer experience. This guide will cover what dropshipping is and explore how this fulfillment method can work. We’ll also look at a few dropshipping alternatives that can potentially save you time, lower your overhead, or simplify your business. 5. Amazon Affiliate Marketing The Amazon Associates Program helps content creators, publishers and bloggers monetize their traffic. With millions of products and programs available on Amazon, associates use easy link-building tools to direct their audience to their recommendations, and earn from qualifying purchases and programs. ___________________________________________________________ Opportunity Finder What the Opportunity Finder is 3 Step Process to Finding a Niche to Sell in Determine Product Characteristics Analyze Opportunities Add Ideas to Product Tracker _________________________________________________________ 6 Criteria of a Good Product on Amazon 1. High Demand 2. Low Competition 3. Profitability 4. Improvement Potential 5. Ease to Sell 6. Legal & Liability Issues