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3 Areas to Focus on in 2023

By Prosper Team |

January 30, 2023

| Learning Resources, Prosper Show

  3 Areas to Focus on in 2023

With the start of the new year in full swing, we asked sellers what they were focusing on in 2023 and here’s what they said. 

  1. ChatGPT + AI

Gaining popularity in late 2022, ChatGPT can assist marketplace sellers in various ways: product research, content creation, customer service, advertising, inventory management, or social media management.

ChatGPT can also help Amazon sellers to automate and optimize various aspects of their business operations, allowing them to save time and resources, increase efficiency and scalability and make more informed decisions.

Get a deeper dive on ChatGPT, learn how to leverage AI automation in your diversification with Eric Kooymans’ session, “The 10 Step Action Plan You Need to Diversify and Scale Sales.”

  1. Inflation

Inflation can present several challenges for marketplace sellers. As the cost of goods increase, profit margins shrink, making it difficult to main profitability. As prices rise, consumers may be less likely to purchase items resulting in decreased sales. To mitigate these challenges, sellers may need to find ways to reduce costs, improve efficiency and find new ways to attract and retain customers.

Fight back against rising costs by learning about processes and resources to help you find and recover profits with Chelsea Cohen and Tomer Rabinovich session, “Silent Profit Killers Strangling Your Ability to Scale.”

  1. Networking

Networking can help sellers to identify new opportunities and potential partners, such as suppliers, manufacturers, or other businesses that can help them expand their product offerings or improve their operations. Networking can help sellers establish relationships with other sellers and influencers in their niche, which can help to increase their visibility and credibility on their marketplace.

Connect with your peers during Prosper Show’s networking opportunities like Prosper Social, Networking Reception, Think Tanks and at many of the unofficial parties brought to you by solution providers. The Think Tanks require preregistration and approval when purchasing your conference pass.

This represents only a few areas sellers should give their attention to in 2023. Prosper Show has the solutions for learning more about ChatGPT, battling inflation, and networking with industry leaders. Share your own goals and focuses with us by following Prosper Show on your favorite social media platform.

Save your spot at Prosper Show 2023 to learn how to stay at the top of game in an ever-changing industry.