Alibaba is an online shopping platform based out of China. It was founded in 1999 and is currently the world’s largest e-commerce company by total sales volume. In 2014, Alibaba had revenue of $25 billion and over 300 million active buyers. In 2021, it was $109.48B, which was a 52.09% jump from 2020.
Amazon is an American multinational corporation known primarily for its retail business, which sells consumer electronics, appliances, books, DVDs, clothing, furniture, groceries, jewelry, toys, video games, apps, music, and software. The annual revenue of Amazon in 2021 was $469.822B, which was a 21.7% jump from 2020.Both Alibaba and Amazon sell many of the same items, including clothes, shoes, household supplies, food, and even pet food. However, each company has its own unique advantages.
Why Buy From Alibaba andSell on Amazon?
Here are some reasons why you should sell on Amazon from Alibaba.
- Low Prices
When looking for a product on Alibaba, you will notice that the prices are much lower than what you would pay on Amazon. You may think that you are saving money buying from Alibaba, but you’re actually losing money. If you were to purchase the same item on Amazon, you would save about 30%.
- Customer Service
If you need help finding a product on Alibaba, then you can contact customer service directly. On Amazon, you can only contact them via email. When contacting customer service, make sure to include your order number and the specific problem you’re having.
- Shipping Options
You can choose between standard shipping (free) and expedited shipping (for an extra fee). Expedited shipping takes longer, but you get your package faster.
- Global Marketplaces
Both Alibaba and Amazon allow you to reach a worldwide audience. Alibaba is great if you are trying to reach international markets. Amazon is great if you are targeting local markets.
- Free Returns
With Alibaba, you do not have to worry about returns. If you decide that you do not like a product after receiving it, you can return it for free.The two companies have different approaches to selling their goods. Alibaba focuses on low prices while Amazon focuses on customer service. Both companies offer free shipping options and both provide sellers with access to a global market. However, Alibaba does not require any minimum order size, whereas Amazon requires at least $10.00.
How to Buy from Alibaba and Sell on Amazon?
After you have chosen the goods you will sell, you can go to Alibaba.com and begin looking for suppliers and manufacturers. Make a choice on the price range you wish to offer for your goods. Once you have estimates in hand, you may focus your search for providers who fall within your pricing range. Your orders can then be delivered straight to an Amazon FBA warehouse.
All of the data on the ‘Manage Inventory’ page needs to be changed in your Amazon Seller Central account. Mention the order amount and complete the necessary product and shipping label preparations. Consider customs as well, and then have your goods delivered straight to the Amazon warehouse.