How to Price Products Effectively to Managing FBA Fees
One of the best ways to maximize profit is by setting prices according to the best available data. Even a small 1% change in price can yield over a 10% increase in profitability. So how do you price products effectively? It comes down to a few key factors: calculating costs, identifying which customers you’re after […]
How to Use KPIs to Grow Your Amazon Business
Any business worth its salt–whether a big-name brand or small online retailer–needs metrics for measuring progress. Without this process, businesses don’t know whether they’re on the right track. As Kennedy once said, “Efforts and courage are not enough without purpose and direction.” Here we detail the importance of KPIs, their uses, and examples of critical […]
How Sellers Can Maximize Profit During Amazon Prime Day
Amazon Prime Day is an annual shopping event that lasts 48 hours. Typically held in July, you can expect to find significant discounts across all categories, including electronics, home goods, fashion, and beauty products. If you’re a seller, Amazon Prime Day is the most important day of the year. It’s a chance for you to […]
Amazon Total ACoS (TACoS): Introduction to a Key Ad Metric
The Amazon total advertising cost of sale (TACoS) can help you understand your business’s relationship with advertising. Sellers unfamiliar with the TACoS and how to interpret this important metric will benefit from learning how it can dramatically improve your advertising strategy. In this article, we’re going to discuss how Amazon sellers can calculate their TACoS, […]
What Do Amazon Sellers Need to Know In 2022?
Amazon sellers will have to face unique challenges in 2022 while enjoying Amazon’s expanded list of resources and features aimed at improving the selling and buying experience. The pandemic continues to wreak havoc on supply chains across the world and there is little to suggest these issues will slow in 2022. The most successful Amazon […]
Amazon FBA Q4 Check-Up
With the next year just around the corner, it’s time to buckle down to end the year strong. Your performance during the holidays will help determine whether you’ll surpass your yearly goals or not. It’s time to capitalize on what you’ve been planning all year long. This is a midway check-up to see if you’re […]
How to Improve Your Valid Tracking Rate (VTR)
High seller ratings are vital for Amazon sellers. They tell shoppers whether you are able to manage your inventory, handle shipments on time, and they determine if you are able to meet customer expectations or not. You can stay on top of all of these critical seller responsibilities and more with a third-party Amazon inventory […]
How to Manage Your Amazon Excess Inventory
As an FBA seller, one of your most important tasks is striking the perfect balance between having enough inventory on-hand while not having too much, prompting extra fees. This directly affects your IPI–your Inventory Performance Index–which measures how efficient you are at handling and managing your inventory. If your score is above the standard set […]
Amazon Inventory Forecasting Related
Every Amazon seller needs to understand the importance of having a good inventory strategy in order to properly equip their business and avoid losing sales. While you can handle your restock calculations manually, third-party Amazon inventory forecasting software can greatly improve the management of your inventory and you can configure them to receive Amazon restocking […]
The Ultimate Guide to Amazon Refused Shipments
Amazon can be pretty picky with what they let slide when it comes to their sellers. However, if you pay attention to the seller policies and stick to them, you could easily avoid a slap on the wrist from Amazon. They do not often reject partnered-carrier shipments, although it can happen. One way to stay […]
