There are a lot of sellers who are selling refurbished products on offline channels and they want to switch to Amazon Renewed platform. This platform not only helps sellers meet a lot of buyers but it is one of the credible programs online.
Introduction
Do you think you have reached the saturation point in the offline market for refurbished products? Do you want to take your business to the larger customer base? You are at the right place. We will cover each and every detail on how you can register to become online seller on Amazon Renewed.
Amazon renewed is one of the famous programs of the company, where you can find and buy unboxed and refurbished products, which are not only good in quality terms but can also have been tested and certified by third-party sellers. These sellers are not only certified but they are also specialized people.
Steps to sell products on Amazon Renewed
Register to become an Amazon seller
To sell refurbished, open-box, or pre-owned products, you need to register your operations at Amazon. Follow this link to more about professional and individual seller plans.
If you do not have a prior account on Amazon, you can sign up and become a seller by visiting Amazon seller central and creating a new account.
What should you do to pitch to Amazon?
Firstly, you should have a good number of product inventories available for selling before applying to Amazon for selling your products.
You can look for the products matching the below criteria:
- Try to sell the niche products, which are high in demand and there a lot less competition in the market.
- Try to sell the products, which are not sold by Amazon directly or by a private label seller. You won’t be able to sell on those listings, either.
- You need to be extra cautious while pricing the products, as most of the customers are preferring fewer prices.
What certified refurbished products can you sell online on Amazon Renewed?
Through this program, sellers can bill the product as new, but there are a lot of quality restrictions to sell here and only after passing those standards, your products reach customers. Given the large audience base on platform, your product will definitely reach a good number of customers.
We have listed some of the articles that you can sell on Amazon Renewed. However, this list is not exhaustive and subject to change by the company.
You can sell the following product categories:
- Automotive Parts
- Cameras
- Headphones & Audio
- Home Appliances
- Home & Industrial Tools
- Kitchen Appliances
- Laptops & Computers
- Musical Instruments
- Outdoors & Sports
- Office Equipment
- Smartphones
- Tablets
- Television Sets
- Video Game Consoles
- Watches
Source products
When you are aware of what kind of products you should pitch, the next thing that will be important for you is the sourcing of the relevant products for selling.
You can source the products through the following methods:
- Liquidation companies: There are a lot of the companies in the market that buy extra products from manufacturers, do the refurbishing by themselves and sell the refurbished products to individual sellers.
- Manufacturers: Some manufacturers sell refurbished goods directly to third-party sellers and retailers.
- Alibaba: Alibaba is the most popular name among the wholesale buyers and sellers, you can easily list your products here and there are a lot of buyers who are ready to purchase.
Applying and selling on the platform
Finally, you should know certain pre-requisites to sell your products on Amazon. This link will help you in applying and getting to know a lot of pre-requisites to sell on Amazon Renewed.
These are the requirements you must meet in order to sell on Amazon Renewed:
- You should possess the ability to supply invoices that met the minimum order requirements set by the company. You should purchase at least $50,000 worth of items from Amazon or 500 refurbished units, within 90 days of application submission. Moreover, your items should be more than $15, as the items less than this price tag won’t be counted by the company in 500 units.
You can also include items priced less than $15 but they must be adjudged towards the dollar amount and not the number of units. - Being an existing seller on the platform, you must maintain the defect rate of 0.8% or less in the 90 days period.
- You should provide a minimum of 90 days product warranty on all the products that you are selling as refurbished.
- If you are willing to sell products without warranty, you should seek permission from Amazon. Firstly, you must submit eight different images of the product that you wish to sell without warranty. Amazon needs these images to perform the product and packaging review of your product. They will seek images of packaging box, sample unit, product view from top and bottom and inside padding.
- Are you willing to sell Apple products? If yes, you must get approval for selling Apple products. To get approval from Amazon, send those invoices totaling $2.5 million in Apple refurbished products, dated 90 days back.
Start selling and grow your business
This is it! Now you can start selling your products on the company’s website and list all kind of renewed products on the website.
Is Amazon Renewed good?
There are a lot of customers, who are skeptical about the quality of refurbished and unboxed products and they do not want to buy products from the company due to this.
However, it is not true completely. Sometimes you will get the products, which are even better than the boxed products, and the icing on the cake is the brand name of Amazon for selling these products.
Let us remind you again, Amazon does not let everyone sell refurbished products on its platform, you will have to show a certain amount of invoices before registering on the platform.
There are a few benefits that we have listed below that you will get when you will sell refurbished products to the customers through Amazon Renewed:
You can join Amazon Renewed and you will be kicking off a lot of your competitors
If you think everyone can sell refurbished products on the company’s website, then you are wrong. Only a few sellers get a chance to sell their products on the Amazon Renewed platform. It means low competition and high chances of success.
Sell to millions of loyal Amazon customers
Amazon enjoys a loyal customer base across the globe, you can pitch your products to millions of users and Amazon receives over 2 billion visitors per month, and the conversion rate is in double digits. The best thing here is the stringent norms placed by Amazon for customer satisfaction.
Grow your business easily
Adding Amazon Renewed with your current offerings help you grow both the overall sales and brand value of your product.
Conclusion
Amazon Renewed business is really a great platform to sell to larger audience base which is still untouched. Here you will have a lot less competition and you can pitch your products to the customers you want.
One of my friend was selling refurbished phones through a local store and he felt that he has reached a point, where his business will not grow. He decided to join Amazon Renewed platform and started selling there by submitting required invoices of a pre-requisite sale number. Currently, he is catering to a good number of customers through the platform.
If you feel there is something that can be added to get more clarity on how to sell refurbished products on Amazon Renewed, please feel free to reach us, we will provide you the required information.
We have a lot of articles on “Amazon Hiring”, “Decoding Renewed on Amazon – Smart Bet to Make?” and “Need of business license to operate on Amazon”. Do give them a read and let us know your thoughts.
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