Amazon’s announcement of a 5% surcharge on FBA fulfillment fees is the latest price rise to hit FBA sellers. While in itself it probably isn’t a crisis for your business, together with a load of other price rises – including the rising cost of shipping goods from China and other offshore supply bases – it could be the last straw that breaks the camel’s back.
Continue reading “Amazon fees and what they mean for your profitability”Category: Inventory
A guide to how to customize your SKUs
The Amazon SKU (Stock Keeping Unit) is very simple in concept; it’s the identifier for each unit of your stock. A pair of red socks, for instance, could be a RS103-40-12-22.
Continue reading “A guide to how to customize your SKUs”How to make sure you win the Amazon buy box
Some Amazon sellers have difficulty understanding the buy box. On many product pages, it looks similar to a buy button on eBay or on an e-commerce website. But it isn’t.
Continue reading “How to make sure you win the Amazon buy box”More money, less work – making your FBA business more efficient
Many people start FBA businesses part-time, hoping they’ll make enough money to give up the day job. And they make the money, and they give up the day job, and they grow the FBA business… and three or four years down the line, they wake up one morning and realize that in fact, they’ve just got themselves another job.
Continue reading “More money, less work – making your FBA business more efficient”Seasonal Products on Amazon
If you sell seasonal products, you run a big risk of product obsolescence. All kinds of Christmas stuff – Santa hats and beards, for instance – is useless by the time we get to December 26th. That’s why we never recommend selling products that are purely seasonal.
Continue reading “Seasonal Products on Amazon”Beating the Black Hats on Amazon
There are plenty of people who can’t be bothered to work out their own business model or product – they just want to cream the profit out of someone else’s. Unfortunately, they flourish on Amazon, as some honest sellers have found to their cost.
Continue reading “Beating the Black Hats on Amazon”How to keep your shipping costs under control
Shipping costs have been rocketing, and supply chains have been disrupted, as growing demand and increased global trade hits pandemic-created problems of quarantine and workforce absences, as well as, in some places, lack of investment in ports and other infrastructure.
Continue reading “How to keep your shipping costs under control”How to avoid stock-outs
Stock-outs mean you can’t sell your product. But “no sales” isn’t just “no sales”, it’s a lot worse. If you run low or have a stock-out, things will happen that will really hurt your business.
Continue reading “How to avoid stock-outs”Amazon FBA Product: Evaluating Samples
You identified your suppliers, you asked for samples, and now you’ve got them. How are you going to evaluate them?
Continue reading “Amazon FBA Product: Evaluating Samples”Treat suppliers right to get the best results
To get the right results out of your suppliers you need to understand a little bit about how foreign culture can differ a little from American ways of doing things.
For instance, Americans like to cut to the chase. Some other cultures, on the other hand, will often prefer to spend a little time getting to know their counterparty before doing business.
Continue reading “Treat suppliers right to get the best results”