ASSIGNMENT NO 1

QUESTION NO 1:
The market must be selected according to the criteria so as US has the highest percentage which is
69.5% so he must go with the US market as it has the highest rate of people selling.

QUESTION NO 2:
I would to work or sell on amazon instead of any other e-commerce website as amazon is considered to
be the largest selling platform and also it is a big market worldwide.

QUESTION NO 3
This would be considered a false action and may result in serious consequences so instead of picking the
products and not informing I would recommend to get permission from the given store.

QUESTION NO 4
PL or PRIVATE LABEL is considered as buying your own product on a large scale and then changing its
logo and design according to our own needs and then selling them on amazon.

Private label is the process of a retailer rebranding/renaming a product that is already being
manufactured on their own brand or label.

Example:

Sports Rope: we can buy sports rope on a large scale and then we can design it according to our needs
and sell it over amazon.

Wholesale Model:

Wholesale Model is considered as buying product from amazon and then selling it on a lower price but
this requires permission from the given company from whom we are buying our product.

Wholesaling is the practice of purchasing low-cost or discounted goods in bulk in order to sell as
individual units in a retail marketplace.

Sports Rope: Out of many sports rope we can select one and then get permission from the user or
owner to sell it at low price.
Question no 5
When it comes to Amazon’s seller plans, you have two options: professional and individual.

If you’re going to sell more than 40 products per month, then signing up as a ‘professional’ is your best
bet. Even if you’re selling as a hobby and don’t consider yourself to be a professional, this plan will help
you save money. 

But, if you’re planning to sell on a smaller scale (ie. fewer than 40 units per month), select the individual
plan.

Though keep in mind that if you choose the individual plan, your products will not be eligible for the  Buy
Box and you won’t have the ability to advertise your products on Amazon. 

Once you’ve chosen the seller plan that is right for you, the following window will appear where you’ll
be asked to enter your email address and a password (of your choosing) for your seller account.

The things we require in creating a seller account includes your email address , location and identity
details.