Dec 10, 2017 | Marketplace News
What were the first marketplaces you went to when you started as an online retailer? Probably the big ones like Amazon, eBay, Shopify, etc., right? What about if you expanded overseas? You probably still focused on “known territories” like Amazon UK,...
Dec 8, 2017 | Marketplace News
With the ever-evolving and growing array of new products developed in the global marketplace, from childrens products to home goods, to cosmetics & personal care products, to consumer electronics, wearable technologies, food and beverages products,….the list goes...
Dec 8, 2017 | Marketplace News
Have you ever logged onto Amazon and clicked on Today’s Deals on the top of the page? Maybe a travel mug caught your eye. You kept scanning and, before you knew it, you had that travel mug, a new box of pens, and a digital camera in your shopping cart. You...
Dec 7, 2017 | Marketplace News
You’re running a sizable Amazon business. You’ve been around the block. And so you monitor the metrics that indicate your business is on track — sales growth, obviously, as well as gross margin on sales. You may also track the Amazon shopper...
Dec 6, 2017 | Marketplace News
If you’ve ever watched Shark Tank, you know the easiest way to be eaten alive by the sharks is fumbling over financial metrics. All entrepreneurs, whether in the tank or not, need to know their numbers. Large companies have the benefit of in-house...
Dec 5, 2017 | Marketplace News
Every Amazon seller worries about margins. It’s well known among the selling community that Amazon takes a significant cut of the seller’s margins. The question becomes: How is budget allocated from what little margin remains? Amazon Income vs. Asset There is a...
Dec 4, 2017 | Marketplace News
Land on any Amazon guru’s squeeze page and you’re bound to see something like this: “Just sold $36k yesterday. Join my course to learn all my secrets.” You’ve got to love sales totals. They really are glamorous. They make us feel really nice inside. But if you...
Dec 4, 2017 | Marketplace News
One of the most challenging problems for an Amazon reseller is to find enough capital to buy and sell inventory. As a young company, it is often very difficult to get traditional bank financing. Banks often do not like to loan money to companies that are less than...
Dec 4, 2017 | Marketplace News
If you sell on FBA (Fulfillment by Amazon), Amazon reimburses you for mistakes they make with your inventory, like losing or misplacing inventory/shipments. However, most FBA sellers don’t realize: Reimbursements aren’t always automatic. Like tax deductions, the...
Dec 4, 2017 | Marketplace News
There’s a reason Amazon has associated itself with the word “prime.” With billions of dollars in annual revenue, dozens of profitable subsidiaries, and a market cap of nearly $1.6 trillion, the company has cemented its position as the leading global online retailer....
Dec 4, 2017 | Marketplace News
Have you found the magical wooden, kitchen product that you know will be the hottest selling item on Amazon? The supplier looks legitimate. After all, his website boasts FDA-approved materials, high customer satisfaction ratings, and of course, unbelievable prices....