If you’re selling refurbished products on Amazon, you need to register for the program. There are several steps to register for the program. First, you’ll need to provide supply invoices showing at least $50,000 in qualifying refurbished purchases. The invoices may be blacked out to disguise the amount purchased per unit.
Selling refurbished products on Amazon
You can sell refurbished products on Amazon through a program called Amazon Renewed. These products have been sold previously, and may have cosmetic defects. But Amazon has had them professionally inspected. It also has a strict policy for putting refurbished products in the Amazon Renewed section. As long as these products meet the quality requirements, you can list them on Amazon.
The first step is to research the products. Using a tool like Product Intelligence can help you in the process. It will filter the results by product prices, opportunity scores, ratings, listing quality, and keywords to determine their conversion potential and rankings. Once you have your data, you can now source refurbished products.
Before you can sell refurbished products on Amazon, you must be registered with the site as an authorized seller. You can get this account by filling out an application form. Amazon will help you set up your account. Once you have registered, you must submit invoices for at least $50,000 in refurbished products within the last 90 days. You must also have a low order defect rate (ODR) and be responsible for any claims on your refurbished products. You also need to provide at least eight photographs of your sample product.
Selling refurbished products on Amazon can boost your income. Many customers are accustomed to purchasing refurbished products on Amazon, and they know they are getting a high quality product at a reasonable price. Selling refurbished products on Amazon also has other benefits. You can sell refurbished products globally, and you can get access to exclusive selling tools.
Setting up an Amazon Renewed listing
Setting up an Amazon Renewed listing is quite similar to setting up a normal listing on Amazon, but there are some differences. The first major difference is that Amazon Renewed sellers must meet strict eligibility requirements. These criteria include buying at least $50K worth of qualifying refurbished items within the last 90 days, offering a 90-day warranty, and maintaining an order defect rate of 0.8% or less.
First of all, Amazon customers are used to purchasing brand-new products, and therefore used products can be tricky to sell. This is even more so when a product is “newly refurbished.” There are also preconceived notions about used products, so setting up an Amazon Renewed listing requires careful research.
Amazon Renewed is a great way for sellers to reach a broader customer base. The platform is trusted, and sellers who use it can build relationships with their customers and make sales. However, the program accepts only certain product categories and types. This means that it may not be the best choice for every brand.
To get started on Amazon Renewed, you need to have at least 15 SKUs in your catalog. Once you have these SKUs listed, you can set up your listing. You can even set up an ad campaign. To ensure that your ad gets the maximum exposure, you must use a keyword-rich description.
Pricing refurbished products on Amazon
There are a number of factors to consider when pricing refurbished products on Amazon. First of all, you have to make sure that your product is in good condition. The refurbishing process involves replacing the parts of the product that are no longer functional and conducting a diagnostic test.
You must also make sure that you have included all the necessary accessories for the product. For example, if you sell cell phones, make sure you include the charger. In some cases, refurbished phones won’t include the charger.
Second, you need to find out which products will be profitable. You can do this by using a product research and analytics software. This software will filter your search results by category and analyze key metrics, including price, opportunity score, rating, listing quality, and keyword density. After this, you can evaluate the potential sales and conversion of your products.
Third, make sure that your product meets Amazon’s global selling requirements. The marketplace is huge and receives more than two billion visits per month. This means that customers trust Amazon and their sellers. You can also sell your refurbished products in other countries if you meet their strict criteria. However, you should avoid selling private label products. These products have been used and are not as valuable as new ones.
Finally, be sure that your refurbished products are in good condition. While it’s not recommended to sell used products, you can sell them on Amazon. You can charge much less than you would if you were to sell brand new products on Amazon.