An Amazon business can be a pretty exciting adventure, but choosing the right fulfillment method really makes all the difference in a venture. Here, we look at two of the popular methods that can be considered-FBA and FBM, the pros and cons of which have to be decided on which will best suit us. Let’s compare FBA and FBM to help us decide on which method we’ll be best suited for.
It is known as fulfillment by Amazon and allows you to get your products sent into Amazon’s warehouses. Once you send them the product, they will take care of its storage for you, pack-and-ship the customers, and even provide customer service. Any time a customer wants your product, Amazon handles everything involved in getting it delivered to them, so you don’t have to bother with anything
Fulfillment by Merchant means that everything-from the inventory maintenance up to the wrapping and shipping-would be taken care of by the store owner. Basically, it is a method with more control in terms of logistics, but then all efforts have to come from the seller.
If you do small quantities or just a few products, FBM is more suitable as it would allow you to have a better grasp and more cost-effective. If you want to scale up quickly or have bigger stock, then FBA would probably be more suitable.
It also depends on the type of products you are selling. FBA is best suited for fast moving consumer goods, whereas items which are large or specialized in nature and may not require same day shipping can suit the model of FBM.
FBA will be the way to go if one wants urgent shipping and high-quality customer services from their target market. Conversely, FBM will be good for you if you target a niche market in which you can uniquely position yourself with some offerings and customer services.
4. Profit Margins
Study your profit margins carefully. If your profit margins are thin, then FBM will not let you pay more on fees. Products with higher margins so make up the costs of having FBA, and a lot more advantages will pop out.
Conclusion: What’s the Best for You?
It all depends on what your business needs, goals, and what one can afford. Many of the most successful sellers use a combination of both methods, thus taking advantage of the strengths of both FBA and FBM.
Review your types of product, goals of the business, and capabilities to determine the one that best suites your business. Whether you are going with FBA, FBM, or using a mix of both, knowing these fulfillment options really will help you go a long way towards optimizing your operations and building your brand on Amazon.