Your business is booming and sales are up. Your bank accounts are looking good. Your shelves are stocked with inventory. You’re living your dream, right? Hold on. As an ecommerce seller, you have most likely already experienced the other side of that upswing, so you know that this too, shall pass. Because of the general […]
Reviews are vital to a seller’s success on Amazon. Having recent and relevant reviews is crucial in a competitive niche, as reviews impact search visibility. Reviews help inform shopping decisions and set products apart. Reviews also provide other less tangible benefits for sellers. Seeing exactly what a buyer thinks of a product can inform future […]
What do you do when something doesn’t go as planned and you end up with Inventory that has to be destroyed or it is lost? Or perhaps you have returns that are sellable and you will list them on ebay or resend them to Amazon? Or even donate them if they have slight damage but […]
Inventory is the life-blood of ecommerce sellers. You must have it on hand and be able to replenish it when needed in order to keep your business running. Tracking inventory, on the other hand, can be quite the tricky deal. To do this properly, it’s important to understand how to record inventory on your books, an area that many ecommerce sellers struggle with.
Are you receiving all the money owed to you by Amazon? How can you ensure that you are? In last week’s blog, we learned from Yoni Mazor of GETIDA about collecting FBA Reimbursements.
I want to share some exciting news with you! I have joined forces with the folks at GETIDA to present back-to-back webinars on a topic I know interests all ecommerce business owners–Profits! As you read today’s blog, offered by Yoni Mazor of GETIDA, you’ll understand what I mean. I hope you will join us on […]
Gross Margin is the one key metric that every business should monitor, even if they do nothing else. You need to understand if your Cost of Goods Sold and your Cost of Sales is less than your Total Sales by enough to fund your operation, pay yourself and your taxes and reward you as the […]
In real estate we often hear the top three things that matter most are Location, Location, Location. For ecommerce sellers our mantra should be Margin, Margin, Margin! Gross Margin or Gross Profit is a number every seller should know. I hear a lot of talk about ROI, and that is important as you make sourcing […]