I think the thing that I love most about Amazon is that there always seems to be a new opportunity to make great money with Amazon. That’s why I was blown away when Amazon reached out to us here at Jungle Scout and asked if we could partner up with them to help them get sellers excited about the huge Amazon Renewed program that they’ve just rolled out.
This guide covers the basics of what Amazon Renewed is, how to get started, what’s required from sellers, and how you can succeed selling certified refurbished goods.
Products on Amazon Renewed are either used or unused products that are refurbished to like new working condition by qualified suppliers. These products are returned by customers who are no longer using them or want to upgrade to the latest version. At times these are customer returns that have hardly been used at all.
Qualified suppliers on Amazon Rewewed professional inspect, test, and clean the devices so they look and work like new before repackaging them with accessories.
There are quite a few benefits to selling certified refurbished products on Amazon Renewed.
Not just any seller can sell certified refurbished products on Amazon. Only sellers that meets Amazon’s quality criteria and can consistently sell like new products are permitted to sell on Amazon Renewed. This creates huge opportunities for the few who are accepted.
Enjoy high customer trust due to the stringent customer satisfaction goals that are in place to measure seller performance. As of 2018, Amazon’s US marketplace alone receives close to 2.5 billion visitors each month with conversion rates in the double digits.
Amazon’s selling tools and fulfillment capabilities enables you to sell like new products to customers across Amazon’s global marketplaces.
Grow your sales by selling certified refurbished, pre-owned, and open-box products. This method of selling compliments practices you may already be employing with your business such as wholesaling and private label.
Here are the product categories to certified refurbished product sellers on Amazon.
Here’s a quick guide to selling certified refurbished products via Amazon Renewed.
You need to first be a registered seller on Amazon to be able to sell certified refurbished, pre-owned and open-box products on Amazon Renewed.
If you are new to selling on Amazon, you can sign up for a new seller account by going to Amazon seller central.
In order to qualify to sell for Amazon Renewed, you’ll need to submit invoices showing a minimum of 500 refurbished units or a total value of $50,000 in qualifying refurbished purchases in the previous 90 days from the date of the application. Of course, you don’t want to just purchase anything. You’ll need to know what’s actually in demand and what sort of competition to expect.
The easiest way to do this is with Jungle Scout’s Web App using either The Product Database feature or Niche Hunter to find high demand and low competition products.
Here’s a quick step-by-step on how you can find product opportunities with the Jungle Scout Web App:
Once you know what products are in high demand and have low competition, you’ll need to source those products. Fortunately, there’s a few different ways to source products like these:
Now, with all of your ducks in a row on what you’re going to sell and where you’re going to source those products, you will need to get qualified to sell on Amazon Renewed. Here are the qualifications to sell on Amazon Renewed:
Once you get past the application process, you can start listing all of your Certified Refurbished, pre-owned, and open box products as well as adding offers to existing pages.
Sellers for the Amazon Renewed platform are in high demand right now. For that reason, Amazon’s account managers are working with sellers one-on-one to assist with the onboarding process. Here’s a few of the things Amazon’s offering new Amazon Renewed certified sellers:
Additionally, here’s a few tips straight from Amazon on how to succeed with the Amazon Renewed program.
When you’re ready to jump in and start making profits, follow the link below to get set up with Amazon.