Every $1 counts. If you reduce the price of your product by 10% then your profit margin also increases. A less expensive product also means you have to invest less up front for each order too.
In this article we cover our top tips for negotiating a better price with your factory.
Continue reading “Getting a Better Price From Your Supplier”
In a perfect world your product gets made on time, under budget and is better quality than you expect. But in reality – things can often go wrong – especially with brand new items that have never been made before.
That’s why we recommend trying to keep your first order size as small as possible – it is more manageable and requires less upfront investment.
In this article we are going to cover our top tips for dealing with production issues.
Continue reading “Dealing with Production Issues Top Tips for Amazon FBA”
So you have some product ideas but you are not sure about how to find a good supplier or doing all the work to find the product is too time consuming. Why not try an agent?
Here are our top tips for dealing with Sourcing Agents.
Continue reading “Product Sourcing Agents For Amazon FBA”
The best way to double or triple your sales and profits is to simply double the number of products you are selling. It is hard to keep ranking a product up – and some markets are simply too competitive.
Even if you review all the numbers carefully before launch and do everything right – some products will be successful and some will flop.
The more products you launch – the more likely you will be to succeed in the long term.
In this article we cover the top 7 tips for adding new products to your Amazon marketplace.
Continue reading “When Should I Add More Products on Amazon FBA”
Branding your product is super important. What is the difference between a $500 Gucci T-Shirt and a $5 Walmart T-Shirt? The material is mostly the same – the main thing that differentiates the two products is the BRAND behind the product.
For your Amazon products you should be thinking long term and make products that customers want to recommend to their friends and buy more of.
Continue reading “How To Brand Your Amazon FBA Product: Logo Types”
Winning on Amazon over the long term is about providing the most value for the lowest cost possible. Amazon’s ranking algorithm promotes products with high review ratings and good feedback. You can’t just sell a product and hope to win. It has to be better quality then the customer is expecting to receive in order to get reviews and rank over the long term.
Good products get more good reviews leading to more sales and even more reviews. It is a positive cycle.
So how do you make sure you produce a good quality product?
Continue reading “How to Quality Control Your Product For Amazon FBA”
So you got your first quote back – but what does it all mean?
In this article we are going to cover the top things you need to be aware of regarding supplier quotes.
Incoterms
This is basically the delivery destination included in the price of the product. It could be at the factory – or the factory may deliver all the way to Amazon’s warehouse and cover the duties (DDP). Though this is very rare.
Continue reading “Amazon FBA Understanding Quotes from Suppliers”