In this article, I will discuss much does it cost for Amazon virtual assistants and how important they are in your Amazon business.
Amazon virtual assistants are integral to any business type, especially for online arbitrage. I will also share with you the pros and cons of getting an Amazon VA. Each business is unique; in terms of the efforts of each individual. Hiring a virtual assistant can be helpful for your business so you to focus on more important things for your Amazon business.
What is a virtual assistant?
Before diving into every reason as to why you’d want a virtual assistant, we need to establish that everyone reading this article understands what a virtual assistant is and does for your business.
A virtual assistant is an individual who you employ that performs a task you set or delegate for them, which is complementary to their skills and abilities. Virtual assistants have duties that range from small mundane tasks all the way up to administrative responsibilities.
The way you choose to use a virtual assistant depends on what your business needs and what job you need to be done without your very careful micromanaging.
They are a means of allowing yourself the freedom you deserve while still enjoying the perks of owning your own business.
3 tasks you can delegate to your Amazon virtual assistant
An Amazon Virtual Assistant can assist you in tasks that are easy to do and repetitive, such as account and shipment management, inventory management, product listing, and managing FBA orders.
If you want to know more about the Administrative tasks that a VA can do for you, we recommend you to check out our article about it called How to Train an Admin Virtual Assistant.
Product Sourcing and Market Research
As all Amazon sellers know, Product Sourcing is the most challenging part of running an Amazon business, for this is the most time-consuming. You need a dedicated Amazon Virtual Assistant who is patient in looking for online arbitrage deals that are profitable for your business.
Next, your VA can also help you in researching products you wish to sell in the future; look into the target market competition, determine the current trends, and help you learn the top-selling products. Then, this will help you have a better understanding of how to expand your business
What you'll want is a purchasing manager that will do the purchasing for you. Some of their responsibilities include reviewing online arbitrage deals, analyzing risks, keeping a record, setting minimum prices, sending daily reports, monitoring profits, and more.
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How much does it cost for Amazon virtual assistant?
Hourly rates for hiring an Amazon Virtual Assistant
When hiring an Amazon Virtual Assistant, there are a few factors to consider when determining the hourly rate. The cost of hiring a virtual assistant can vary depending on the specific skills and experience of the individual, as well as the type of work that is being delegated.
One important factor to consider is the level of experience and expertise of the virtual assistant. A virtual assistant with more experience and specialized skills will typically command a higher hourly rate than one with less experience.
On average, virtual assistants charge between $20 to $50 per hour. However, this rate can vary widely depending on the individual's experience, skills, and location. Some virtual assistants may charge as low as $15 per hour, while others may charge $100 per hour or more.
When hiring a virtual assistant, it's important to do your research and find a qualified individual who can meet your specific needs at a rate that you are comfortable with. It's also important to keep in mind that while a higher hourly rate may seem more expensive in the short term, it can ultimately save time and money in the long term by getting the job done more efficiently and effectively.
Salary or Pay Per Deal
In essence, there exists a contractual obligation between you and your Amazon Virtual Assistant, which stipulates that you must pay them a fixed sum of money on a regular basis, irrespective of their performance. The payment frequency can be either monthly, weekly, or bi-weekly. As for my own business, we typically make these payments twice a month.
Pay Per Deal
The alternative option is to adopt a pay-per-deal approach, which involves paying a predetermined sum for each successful deal, rather than a fixed monthly amount. This means you only pay for the outcomes achieved and the fee is directly proportional to the number of deals secured. The frequency and schedule of these payments are entirely flexible and can be agreed upon according to your preference.
If you want to know more about the difference between salary and pay per deal, we have an article discussing the in-depth differences between the two.
Hiring an Amazon virtual assistant
In order to know the most suitable Amazon virtual assistant for your business, it’s crucial to seek a VA who possesses the skills and expertise. Also, take into account their availability and communication approach to guarantee that they are compatible with you and your company.
Knowing the process of hiring an Amazon virtual assistant can be a valuable strategy for delegating responsibilities and increasing your business’s productivity. By selecting the correct VA, you can allocate more time to important work and concentrate on expanding your Amazon business.
Where to hire Amazon virtual assistant
Now that you have decided to hire your Amazon virtual assistant. It’s beneficial to know the places in which you can find Amazon VAs.
The first is through a Freelance marketplace. This is ideal for pay per deals and DIY approaches. Second, through Amazon Virtual Assistant agencies that are for sellers that want experts to do the hiring for them; like Fast Track FBA. And lastly, through referrals, you can get this through friends and colleagues – or from recommendations from social sites such as LinkedIn or even community groups.
Grow your business with Amazon Virtual Assistants!
After understanding how much does it cost for Amazon Virtual Assistant, you need to be mindful that before hiring your own Amazon virtual assistant, you first need to identify your needs. What are you looking for? How will your Amazon virtual assistant work for you? Remember that delegating tasks are essential for you to grow your business efficiency.