Is it worth it to add amazon payments?

Since Bonanza quit allowing payment by credit cards a few months ago, my sales have been down about 30% so I’m thinking about signing up for Amazon Payments.

If you use Amazon payments and Paypal at the same time, what percentage of your sales do you estimate is made with Amazon and is it worth signing up for?

Thanks

asked over 8 years ago

1 Comment

public-direct says: December 25, 2016

Well I ended up signing up for Amazon Payments and received my first order with it this weekend. Hopefully this will help pick sales up. Thanks all for your input. Merry Christmas, happy new year, and I hope you all have a wonderful 2017!

5 Answers

I think the credit card payment option is back up and running. However, adding Amazon payments can help your sales. Personally, I don’t offer it, but it certainly couldn’t hurt.

answered over 8 years ago

tomwayne1
Reputation: 8637
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1 Comment

public-direct says: December 21, 2016

No doubt… I was thinking the same thing.

Amazon Payments is at least 50% of our sales this season.

answered over 8 years ago

3 Comments

public-direct says: December 21, 2016

Wow! I never expected someone to say that high. That’s great!

DebbiesCorner says: December 21, 2016

I often wondered the same thing. And am surprised at 50%. Now I have to rethink my strategy. lol

tomwayne1 says: December 21, 2016

But, don’t assume that the buyer won’t purchase from you if you don’t offer Amazon payments. It is possible that the buyer may also have purchased with credit card or PayPal if Amazon payments weren’t available.

The more payment options you offer to the buyer the more sales you will get. When I first started with Bonanza I only had paypal & Bonanza payments. A couple of months ago I added Amazon payments and as for the average currently 50% of my sales come from Amazon Payments and the other 50% come from Paypal payments.

answered over 8 years ago

1 Comment

tomwayne1 says: December 22, 2016

Did your actual sales increase after adding Amazon payments, or did buyers just choose that option instead of using PayPal?

Hello [URL removed]

I can’t yet give any figures, but I added it because I sell through other avenues, and will have it already for where ever I can use it in future. It was not difficult to add it, especially since I already use Amazon for various things. I only was confused about one thing.

When I went to connect with Amazon from the Bonanza side, after creating my Amazon seller acct, one of the steps seemed to be leading me to open another, or new, account with Amazon again. I finally went forward anyway, and found that I didn’t have to do that. So I connected as required without a problem. I feel that step could be marked and explained more clearly, to avoid anxiety for the seller trying to sign up.

Good luck to you!
Sandi
EmbellishMart
“Embellishments for your crafting, your space & you!”

answered over 8 years ago

2 Comments

PlayfulPetPalz says: December 22, 2016

How long does it take now for Amazon to credit the payment to the seller’s account from when the purchase was made?

EmbellishMart says: December 23, 2016

Haven’t had a sale through it yet.

I will never use them again!! I recieved a payment and mailed out the item and got a positive feedback BUT because I did not mark it as shipped they refunded the money to the buyer and the buyer kept the item. They refused to help me so I lost the item and the money…. never again!!!

answered over 8 years ago

3 Comments

ccmom says: December 22, 2016

must have been Checkout by Amazon (which has been discontinued). Amazon Payments no longer requires the addition of tracking/shipping information.

PlayfulPetPalz says: December 22, 2016

ccmom, you mean if someone accepts Amazon payments, there is now no need to go into Amazon and mark it as shipped?

EmbellishMart says: December 23, 2016

Sorry to hear Pennylanetreasures. Thanks for info ccmom!

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