How To Sell Used Electronics On Amazon 2024: Step-by-Step Guide
Although it may seem daunting, selling electronics on Amazon is easy. Once you have created an account as a third-party seller, provided tax information and set up your account, you can start selling electronics by creating listings for existing products or new listings. You can increase your sales by using sponsored ads or managing negative reviews.
There are many ways to sell used or damaged electronics online. It allows you to make some extra money. Amazon is our favourite. It makes it simple to accept offers for your items and get paid quickly. Although we recommend Amazon as an electronics partner, there is one caveat. More information about Amazon's trade-in program.
You can sell electronics through Amazon or create your website with platforms like the Fynd platform. This article will provide more information about both the selling and manufacturing channels. It is crucial to understand the market for supplements.
Are you bored of accumulating old books, gadgets, magazines, etc.? Amazon India is an online retailer. Amazon India has launched a pilot program in Bangalore that lets people sell their old items.
To increase its users and promote peer-to-peer (P2P) purchases, Amazon has launched a program called 'pick-pack and pay. The company has incorporated the P2P platform for selling Junglee with its vertical marketplace for individuals to offer new and used products on the internet,' says Business Standard.
The landing page to register to sell as an individual will be located on Junglee. We tested this experience using Junglee, which enabled us to gain experience and to improve. We're now offering it to more customers on Amazon. Customers can access this experience right now on both sites,” said a company spokesperson.
What is the process behind Amazon India's Pick-Pack-and-Pay program function?
Step 1 - List your products or services. Choose what you wish to sell. (Post your used or new items online in various categories like mobile books, fashion jewellery, books, tablets, watches, video games and laptops).
Upload your picture. Choose the most important aspects of your item (For instance: model, brand name and publishers). Indicate the condition of the item (new/used). Include your address, price and any other information.
Step 2 - Post your ad
Step 3 - Customers can order your product online.
Step 4 - You schedule a doorstep pick-up
Step 5 - Amazon chooses, packs and ships to you.
Step 6 - You get your funds within 3-5 working days.
Amazon hasn't yet stated how fast order processing will take place. However, customers can return items within seven days in the event of a defect or not after adding specific reasons.
Candy offered by Amazon to tempt sellers
- To encourage customers to sign up for the program, Amazon India offers cashback to customers using its wallet.
- If you sell 5 used video games, books and other items, Amazon will offer Rs 1,000 as Amazon Pay Balance.
- When you sell one mobile, laptop or laptop worth over 5000 Rs, Amazon will also provide 1,000 for Amazon Pay Balance.
What will Amazon buy?
Amazon has the right solution for you, whether the product to sell is your iPhone or iPad. You can get an instant quote on eligible items, including Amazon gadgets, non-Amazon electronics, books and video games.
The prices are usually higher than those offered by other sellers. The Amazon Trade-In program does not provide an Amazon.com gift card for items. If you don't intend to spend your proceeds on Amazon.com, look elsewhere for your trade!
Positively, Amazon offers free shipping and a label to ship your item once you have accepted a price. After your item has been collected and processed, you can receive the payment within 10 business days. Your Amazon account will send you your digital Amazon.com gift card.
There are so many electronic products.
It's almost certain that Amazon will purchase any electronic device you have. It accepts non-Amazon electronic devices, including Samsung and LG products, and items from Google and LG.
How to sell Amazon Your Item
You can sell your item to Amazon through its trade-in program:
1. Choose between a professional or individual plan. There is a difference in these plans. You can choose to pay a per-item fee or a monthly fee. The monthly fee for the professional plan is $39.99, which covers all items you sell. The individual plan costs $0.99 per item.
- The professional plan is better if you sell more than 40 products per month. The individual plan is better if you sell less than 40 products per month.
- Selling involves additional shipping, referral, and variable closing fees. These fees are not different from the selling fee.
2. For a lower fee, choose fulfilment by merchant (FBM). You can ship and sell on Amazon by fulfilling any orders yourself. There are no warehouse storage fees or other fees. You must maintain your inventory.
- It is also possible to keep lower-cost items from being included in the "add-on" category. It happens automatically when you send your Amazon items in for fulfilment. Some customers will only purchase an item that comes under Prime shipping.
- You must also handle returns if you sell in this market.
3. Select fulfilment by Amazon (FBA) to get Prime shipping. This method allows you to send your items to Amazon for storage. Amazon will pack and handle your order and ship it for free. Prime shipping is Amazon's membership program.
- Customers may also search for "Prime Only" items, increasing your customer base.
- Amazon charges additional fees for this program, such as storage fees and fulfilment fees, and
- FBM and FBA can be accessible on both individual and professional plans.
4. Register on Seller Central. Logging into your Amazon account to purchase items is easy if you already have one. You must enter more information for a seller's account than a buyer's. To buy items, you will need an email address and a password. From there, you can create an account for a seller.
- Your full name and the legal claim of your business will be required. It could include your business's or your full name if you are paying taxes for your business as an individual.
- You will require a display name, business address and electronics.
- To verify your number, add a debit or credit card number. You can also have a text sent to confirm it.
5. Completion of the tax interview This section of the setup process allows Amazon to determine who you are for tax purposes. Under "For U.S. Tax Purposes, Are You a U.S. Person?" click "Yes" or "No" to confirm. person?" Next, choose the right type of company for your business. Register as an individual, sole proprietor or company if you do not have a business.
- If you are a business, add your Employment Identification Number (EIN), or you can also add your Social Security Number (SSN) if it is an individual. They use these numbers to identify you for tax purposes.
- Complete the form to set up your account.
Listing Items
To ensure that your products comply with Amazon's policies, you should inspect them. Amazon prohibits the sale of electronics that facilitate illegal activities. For example, you can't sell digital music players that encourage music pirating. You can't also sell radio jammers such as GPS jammers or Wi-Fi jammers.
- Also, you can't sell DVD players with region coding or other devices incompatible with your cell phone.
- You can find more restricted items here.
Check out the electronic fees. Determine how much you will spend on each item you post or sell on Amazon before you price them. You will pay $39.99 monthly or $0.99 per item for the individual or professional account. You will also be charged a referral fee.
- Electronics: 15% for the first $100, 8% after that, or $1
- You'll pay an additional $1.80 for media items. This category includes video game consoles, for example.
Check out the competition to price your electronics. To help you gauge your range, look at similar products. You should also consider the Amazon pay-per-item fees and any handling costs. You're more likely than not to sell your item if you price it competitively.
- However, you should still do a cost analysis to ensure your electronic item is profitable.
Search the main bar to add listings for products that are already listed. You can search for a product on any Amazon page to add a listing. Open the page to see more information once you have found a match. To add your information, click "Sell on Amazon".
- Next, enter details about your item. Enter the item's quantity, price, condition, and description.
You can create new listings for products not already listed on Amazon. Click on the "Add Product" button on your inventory page. Click on the button to "Create New Listing." Click on the category "Electronics" to view your product. Next, select subcategories.
- Your customers will find your product easier if you limit the categories.
Your listing should include a keyword-driven title. Your title should be at most 200 characters. Identify your product by adding primary keywords at the beginning of your title. You would use these keywords to describe your product, and those customers would search for them.
- If you are selling a flat-screen Sony television, your title could be "Flat Screen Television Sony, Fifty-Six Inches."
- You should capitalise the first letter of every word.
In bullet points, write your product features. This area should contain only the most essential information about the product. For example, what is in the box, and what are the main features?
- Keep it short and to the point. Instead of saying, "In this box, you'll find the television, HDMI cable and a power chord, which is a bargain," instead write, "Box includes TV, HDMI Cable and power cord."
What is an Instant Payment?
You will only receive a payment if you inspect every item Amazon purchases through its trade-in program. Amazon.com offers "Instant payment" for in-demand items. You will get the amount of your trade-in value. Amazon may charge you if the returned item is in bad condition or if it doesn't accept the item as claimed.
Checking the Order Status
Your Trade-In Account at Amazon allows you to check the status of your trade-in. You will find the current tracking information and when Amazon anticipates your transaction's approval. You'll also find your Amazon.com gift card information once Amazon has approved your order.
How about the gift card?
You can use the electronic Amazon.com gift card across all Amazon.com websites as any other gift or debit card once you notice that your Amazon.com Gift Card has arrived in your Amazon account. Up until Amazon gets the item, you can cancel any trade-in. You can't return the device once the company has processed your trade-in.
If not Amazon, Where?
Don't trade in your old electronics with Amazon. Gazelle and eBay offer similar services to Amazon, but you can also receive your money via PayPal or a cheque.
Swappa aims to match buyers with sellers. It allows you to get a higher price for your device than if you went through an outlet. However, this scenario doesn't guarantee you a quote.
Swappa will allow you to list your item. Swappa will suggest a price based on current market conditions before you do so. It is an excellent solution for sellers who are looking to sell.
If you are looking to make quick cash, another option is to create a Craigslist advertisement. If you decide to do this, ensure your item is priced competitively.
Craigslist does not allow you to list your address or name in an ad. You can quickly connect by entering your phone number in the Craigslist ad. After you have agreed on a price, choose a safe location to meet. Public locations are undoubtedly the best. Take a friend. Accept cash only.
Amazon Restricted Products
There are also restricted products that require approval before you can sell them. They could also ban these products from the platform. Amazon regulates the use of brands. If you plan to sell a product to a well-known brand, ensure you have their permission.
Here is the complete list of US-restricted products:
- Alcohol
- Animals & Animal-Related Products
- Art - Fine Art
- Art for Home Decor
- Automotive and Power sports
- Composite Wood Products
- Cosmetics & Skin/Hair Care
- COVID-19 supplies
- Currency, coins, cash equivalents, and gift cards
- Dietary Supplements
- Drugs and drug paraphernalia
- Electronics
- Explosives, weapons, and related items
- Export Controls
- Food & Beverage
- Gambling & Lottery
- Dangerous and dangerous items
- Burial Artefacts and Human Parts
- Precious Gems & Jewellery
- Laser products
- Lighting
- Lock Picking & Theft Devices
- Accessory and medical devices
- Material Controversial and Offensive
- Pesticides and Pesticide Equipment
- Get Plant and Seed Products
- Postage Meters & Stamps
- Recalled Products
- Recycling electronics
- Subscribe to Periodicals and Subscriptions
- Surveillance Equipment
- Tobacco & Tobacco Products
- Warranties, Service plans, Contracts, Guarantees
- Other restricted products
- Refrigerants: Substitutes and Ozone-Depleting Substances
- Bedding, Upholstered Furniture and Other Quilted Products
- CPAP Cleaning and Disinfecting Equipment
The list of restricted products, just like the list of restricted categories, is updated regularly. Seller Central keeps track of any updates.
Amazon Brand Restrictions
Brand restrictions refer to brands like Adidas, Nike, Gucci, etc., that Amazon sellers cannot sell.
Restrictions on Product Conditions
Amazon has restrictions on product conditions for several categories. These are the restricted categories for selling used items:
- Baby Products
- Beauty, Clothing, Accessories & Baggage
- Grocery & Gourmet Food
- Health & Personal Care
- Jewellery, Shoes, Handbags & Sunglasses
- Watches
Is it worth selling restricted categories on Amazon?
Amazon is preferred by 200 million customers every month to make their purchases. Amazon is the largest online retailer and has a large customer base. You don't have to struggle alone. Instead, you can use Amazon's reputation and benefits to sell.
Why are there so few categories? It offers excellent benefits that sellers often need to remember to appreciate. There are fewer sellers and, therefore, less competition. It increases your chances of having your listing seen and clicked on.
Amazon sellers, like you, may be reluctant to sell restricted categories because it is difficult to determine what is restricted.
It can be frustrating to submit the documents required and get approval. Is that true? If these frustrations become easy, you might be selling the restricted categories right.
Approval for Restricted Categories: Getting Started
Amazon adheres to strict safety regulations and categories that are more restricted than others. It means there is less competition for products. You will typically see higher sales and profit margins if you are lucky enough to be part of this club.
Each restricted category is different; you must go through different steps before selling. There is no universal solution. However, there are some criteria that you must meet to be approved.
1. Be a professional buyer.
Professional sellers must pay a $39.99 monthly subscription fee plus additional selling fees. You also get various perks that will help you on your seller journey. This guide will help you decide if it's worth becoming a professional.
2. Excellent performance
Amazon's success depends on your ability to measure performance. You must have a defect rate of less than 1.5% and a pre-fulfilment cancellation rate of less than 2.5% to be eligible for restricted product sales. The late shipment rate should be at most 4.4% to be successful on Amazon.
3. Provide proof of product authenticity.
Amazon is always mindful of the needs of its customers. Your application will be successful if the product you intend to sell is safe and authentic. To prove product authenticity, your supplier must be the manufacturer or a licensed distributor.
4. Acceptable invoices for inventory
Within 90 days of your application date, make your invoices. You must ensure that your invoices are valid and that the information on the invoice corresponds to the Seller Central account. The invoice must include the company name, address, telephone number, and website. Double-check all information to ensure there are no errors.
5. Create a company website
Websites are more than just a way to get approval. A website is essential if you want to build a brand and get in touch directly with customers. A website for your company is a way to show Amazon that you're a reliable seller.
It's easy to request access once you have all the required documentation. These steps will help you sell a product within a restricted market.
- Log in to your Amazon Central account and Select Add Product from the Stock menu.
- Find the item that you are selling.
- Click the Listing restrictions apply link beside the item in the search results.
- To begin the application process, click the Request Approval link.
Many factors affect the application process. You can check these steps to determine if your application has been approved or denied.
- Log in to the Seller Central account
- Select Add Inventory
- Select Add Product
- Click the Selling App Status link.
Amazon Category Approval Service
An 'ungating service' is a way to help you get through the application process. Remember that ungating services do not represent official Amazon service providers. While they can assist you in the application process, they cannot guarantee your application will be approved.
You can use an ungating service if you have trouble with the application process. However, you can complete it yourself. Third-party ungating services have mixed reviews, so it is best to complete the application yourself.
How to get Approval for Restricted Categories
Although the application process is simple, you can still do things that will increase your chances of being approved.
1. Create a good reputation.
Your history and reputation are key factors in getting approved to sell restricted category products. It takes time to build up your credibility on Amazon. Therefore, it is a good idea to start with the least-respected categories and work your way up.
2. Use brand items.
If you use well-known brands, your chances of success are higher. They can restrict categories and products to protect consumers' interests and reduce the sale of counterfeit or defective goods.
It might not accept your private label to ungate a category. Even if they are not to be sold, including brand items in your application can increase your chances of getting Amazon approval.
3. Check quantities.
You must meet minimum quantity requirements for each invoice. Double-check the requirements for each invoice and ensure you meet them.
4. Order local or directly from the manufacturer.
If you apply for product approval or a restricted category, ensure that you source your product locally. Amazon does not accept invoices from foreign manufacturers for an ungating application.
Purchasing directly from the manufacturer is best to ensure product safety and authenticity. This guide will help you optimise your product listings to increase your Amazon seller success.
Search for your product.
It is something sellers hear all the time. However, regarding products and restricted categories, research is even more critical. Ensure you have the authorisation to sell the product before you list a product. They can take the following steps if you are found to be violating Amazon's policies or restrictions:
- Cancellation
- List privileges subject to limitations
- Suspension or revocation of listing privileges
- Revocation of listing privileges
- Amazon can terminate your agreement or any other arrangement.
It's challenging to reinstate a seller after Amazon has taken disciplinary action. Sellers participating in Fulfilment by Amazon (FBA) should take extra care when shipping products to fulfilment centres.
Reimbursement may not be possible for hazardous materials shipped to Amazon warehouses. You must ensure your Amazon FBA sellers don't violate FBA product restrictions.
Remember that approval to sell in one category does not guarantee you can sell all products. You may need to get approval for some products and subcategories.
Which categories are usable on Amazon?
Amazon allows only certain products to be listed as "used" for a good reason. Amazon wants customers to feel confident that all products sold on its website, whether new or used, are authentic and safe.
Amazon is not a flea marketplace. You can't sell used or preowned items.
Product category
Conditions Accepted
Amazon Device Accessories
New, Certified Refurbished, Used
Amazon Kindle
Use
Automotive & Powersports
New, Certified Refurbished, Used, Collectible
Baby Products (Excluding apparel)
Neue
Beauty
Neue
Books
Collectibles, New and Used
Camera & Photo
New, Certified Refurbished, Used
Clothing
Neue
Cell Phones & Accessories
New, Used, Certified Refurbished; Unlocked
Collectible Coins
Collectibles-Like New
Consumer Electronics
New, Certified Refurbished, Used
Entertainment Collectibles
Collectibles-Like New
Fine Art
New (includes primary and secondary sale artworks).
Grocery & Gourmet Food
Neue
Health & Personal Care
Neue
Home & Garden
New, Certified refurbished, Used, Collectible
Independent Design
Neue
Industrial & Scientific
New, Certified refurbished, Used
Jewellery
Neue
Amazon Fire TV Accessories and Kindle Accessories
New, Certified refurbished, Used
Major Appliances
New, Used, Certified refurbished
Music
Collectibles, New and Used
Musical Instruments
New, Certified refurbished, Used, Collectible
Office Products
New, Certified refurbished, Used, Collectible
Outdoors
New, Certified refurbished, Used
Personal Computers
New, Certified refurbished, Used
Pet Materials
New, Certified refurbished, Used
Shoes and Handbags
Neue
Software
New, used
Sports
New, Certified refurbished, Used
Sports Collectibles
Collectibles-like new
Tools & Home Improvement
New, Certified refurbished, Used
Toys and Games
Collectible, New
Video and DVD, Blu-ray
Collectibles, New and Used
Video Games
Collectibles, New and Used
Watches
Neue
The following conditions, according to Amazon, are not acceptable to be listed on Amazon.
- The item has mould, heavy staining or corrosion and other signs of dirtiness.
- It has been damaged, and using the item is no longer possible.
- It is missing essential parts or accessories (excludes instructions).
- Repairs required for this product.
- This item is a counterfeit, a replica, imitation, or a copy of the original product.
- This item is simply for promotional purposes. One can use it as a product sample or an advance copy.
- The item is about to expire or has expired. It has hit or is about to hit "best before", and "sell-by" dates or one has altered it.
- The manufacturer declared the item unsellable.
You must identify the condition when listing a used product for purchase. It will ensure that customers have a pleasant experience. Unhappy customers are the last thing you want.
It is best to list an item as a condition lower than what you consider the item to be. If you think the item is "Like New", list it as "Very good." It allows customers to have higher expectations and may even be satisfied.
How do you sell certified pre-owned or refurbished products?
Amazon offers a program called Amazon Renew, through which sellers can list preowned or refurbished items that have passed Amazon's inspection and performance criteria.
Amazon Renewed is not open to all sellers. Experienced sellers are usually able to meet strict requirements. Amazon does this to ensure that businesses selling refurbished or like-new items are legal and high-quality.
Seller vs Reseller: Which One Will You Be?
Both sellers and resellers offer sales on Amazon Marketplace, but there are differences.
1. Identity
Resellers are traders who buy goods to resell them at a higher profit. They are also known as wholesalers. On the other hand, a seller is in the business of selling a commodity and is well-known.
2. Buy
Resellers purchase goods and services to resell rather than for personal consumption. It is possible to buy directly from the producer, which the seller then sells to the final buyer.
Amazon sellers often sell products to end users, while resellers from the exact location return the goods to the appropriate authorities within a trade cycle.
3. Goal
The sole motivation of the reseller is to make a profit on each sale. The seller is usually an individual who buys goods and services to make a profit.
Can I Resell Products on Amazon?
It is legal to resell items on Amazon. It doesn't matter if you buy them from a retailer or wholesale from a distributor. As long as they are authentic and not counterfeit.
Remember to list your item under a different category if you buy it from a retailer. You must purchase items from a manufacturer or wholesaler to offer new products.
Besides that, Amazon restricts certain brands, such as Nike and Adidas. You should know that some businesses won't allow their high-quality products to sell on Amazon.
It is something you need to remember before you launch your resale business. You can avoid restrictions by using the Amazon seller application and researching before you sell on Amazon.
How do you collect products for reselling on Amazon?
Several strategies are there to resell Amazon products. These are some of the most popular strategies we have seen: Resell Your Used Products. You can take photos of it.y old or used products in your home and sell them on Amazon.
It allows you to organise your home and make some extra cash. But, you will not have an unlimited supply of products to sell, so this is only good for the short-term use of Amazon Ads to market your products.
Shop Online for Products
It is similar to retail arbitration, except you don't have to buy products from brick-and brick-and-mortared. You can purchase them on several other online shopping sites like eBay. You must search for items currently on sale at a lower price than what advertises on Amazon.
Shop at Retail Stores
You can easily resell items purchased from retail outlets, digitally or physically, for a higher price on Amazon -this is reselling. It is a great way to increase your profits and make more money long-term.
Buy Products from Another Wholesaler
You may be more confident about a product's ability to sell on Amazon if you have a lot of confidence in it. You can get the best price by buying in bulk. This strategy is a great way to increase your sales and profits while reducing the time it takes to shop for products.
Directly from Manufacturers,
It is possible to buy directly from the manufacturer. It allows you to build a relationship with your brand and negotiate a lower price. You can then make more sales and earn more profit. Any strategy can be profitable, but reselling products or merchandise from wholesalers is more sustainable.
Pro Tips For Beginners
It may be a good idea to use any of these strategies as they don't require a significant financial commitment. Once you are comfortable reselling and have accumulated enough money, you can purchase directly from suppliers.
How can beginners get started selling on Amazon?
We have provided a list of the best reselling models for new sellers or beginners. These are:
Drop-shipping
Drop-ship allows the seller to publish products on Amazon. Next, it takes orders from customers. The supplier is then asked to ship the product directly from the buyer. It is an Amazon sales model. Amazon's drop-ship profit margins create a gap between wholesale and retail prices.
Wholesale
A wholesale sale on Amazon is when you buy bulk products directly from the manufacturer or supplier at a discount then sell them on Amazon at retail prices.
Retail Arbitrage
Retail arbitration is an easy sales model where a seller purchases discounted products from retailers to sell them on Amazon. These can be online retailers.
Private Label
A private Label sales strategy is where the seller recognises high-demand products and builds its brand around them. You can sign up for the Amazon Brand Registry to increase your profits using this model.