FBA
FBA-FULFILLMENT BY AMAZON
Have a product idea but don’t know how to sell it?
Have products to sell but don’t have space to store in bulk?
We are here to help you with all these questions…Do you know many people are earning lakhs (even in crores) by using fulfillment by Amazon service? Wondering how is it possible? Want to know how Amazon is helping these businesses to grow in such a way that they are earning so well? Let’s discuss it in brief…
WHAT IS FBA?
FBA stands for Fulfillment By Amazon. This service help you with a relaxed and a smooth processing of your order. With this service Amazon provide you a space to store your products in a smaller or in bulk quantity. Also, it will help you to manage inventory at Amazon’s place, packaging, doorstep pickup & delivery service and return order management.
KEY BENEFITS OF FBA-FULFILLMENT BY AMAZON
Prime Seller Batch – Product sold through FBA is highlighted by a Prime Seller batch.
Business Focus – Amazon store your inventory and takes care of on time delivery to the customer. No need to worry about storage space, additional manpower, packaging or delivery.
Flexible rates – Competitive storage and delivery rates according to the size or weight of a product.
No additional charges – No additional charges like subscription fee, registration charges or minimum units criteria.
Build trust – Benefit of Customer’s trust on Amazon’s packaging and fast delivery services.
Increase in Sales – Increase your sales by up to 3 times.
Free delivery option – Offer a free delivery to your customers with FBA. Amazon trained transporter will pic product from your doorstep and deliver it to your customer.
Cash on Delivery – Offer cash on delivery to your customers and get payment directly in to your bank account.
DOCUMENTS REQUIRED FOR FBA
Regular GST – GST number must be registered under regular GST scheme where you file return monthly. This is the most commonly used scheme by businesses.
NOC – No objection certificate in provided by Amazon for adding APOB(another place of your business) in your GST certificate. It can be downloaded from Amazon user’s page.
BSA – Business Solutions agreement is an agreement between you or your business and Amazon for continuing business with each other. It is a mandatory document which contains all legal terms and conditions between two parties.
APOB – APOB means another place of business. As you know that by opting for FBA your products will be stored and delivered from Amazon’s storage center and to make it legal we need a documented proof that Amazon’s storage center is your another place of business and Amazon does not have any objection on it. You need to register amazon fulfillment center as your another place of business in GST. Amazon made it easy for sellers by providing additional support from it’s network CA’s with a small charges.