Hi,
Having strong understanding of e-commerce principles, including product sourcing, pricing strategies, online marketing, and customer behavior. Prior experience in running an online store or selling on other e-commerce platforms can be beneficial. Experience in conducting thorough market research to identify profitable niches and products with demand is crucial. Involves evaluating competition, analyzing trends, and assessing profit margins. Having familiar with supply chain processes, including sourcing products from suppliers, negotiating deals, managing inventory levels, and ensuring timely shipments, is valuable for smooth operations.
Having a mix of relevant experiences significantly contribute to success in the Amazon FBA business. Additionally, a willingness to learn, adapt, and continuously improve is essential in this ever-evolving industry.
Regards
Rajeev