Here’s three tips to help you avoid overstocking, and find bestselling products that will never tie up valuable capital and warehouse space.
This post is by Dani Avitz, an ecommerce expert & COO of Algopix, a product market research tool for eBay and Amazon sellers.
In the world of ecommerce, not every product that a seller sources will actually sell. Sure, there are those products that seem to have never-ending demand despite the season and asking price. But, the fact is that around 20% of a seller’s inventory will become no-sells, or what is more appropriately known as overstock or dead stock.
Why does overstocking happen? The answer is usually two-fold, consisting of inventory purchases that were not based on sufficient market or product data; and inventory purchases that were driven by the wrong data – with the latter often being the worst of the two.
It doesn’t have to be this way.
Appeagle, one of the world’s top repricing tools, has a big vision for the future of online selling, as it rebrands to Informed.co
When a business is a leader in its category, it’s uncommon to see them expand into uncharted territory. But, that is exactly what leading repricing software, Appeagle, is about to do as they dive into the world of seller analytics.
In recent times, repricing has matured, thanks to it being simpler to automate and the technology behind it becoming more advanced. So, Appeagle wanted to see if there were any other parts of a seller’s business that they could enhance. There were. By building brand new analytics tools, they could help online sellers make better decisions.
Appeagle have marked the change of direction with a new name and a new brand. They are now Informed.co, and their ambition is big – to be seen by ecommerce businesses in the same way that website owners see Google Analytics: the go-to source of data about their business, with intelligent insights and recommendations.
From Walmart to Jet.com, Newegg and OnBuy. We look at seven Amazon alternatives which sellers can add to their multi-channel arsenal.
Selling through just one channel is always risky. But, when that channel is Amazon, it can be a very dangerous plan. Competition on Amazon is always intense and even borders on the downright dirty, with sellers frequently being brought down.
The threat doesn’t just come from rogue competitors, as seller performance or product quality issues can very easily lead to suspension. And, the longer that your ASIN is blocked, or your listing is suspended, the more money you lose.
Now, there is no way to guarantee that you’ll never be suspended but having a multi-channel strategy can cushion the blow. It means that if you aren’t able to sell on Amazon, you still have sales coming in from other sales channels. The more marketplaces you add, the easier it will be to sustain your business until you’re back on Amazon.
So, in this post, we will look at some Amazon alternatives. They all have similar features to Amazon, for example being catalog-based, and have the potential to be a key part of your multi-channel approach.
This article is the second in a two-part series looking at alternative marketplaces for Amazon and eBay sellers. Be sure to check out our guide to eBay alternatives.
How unethical sellers abuse the system with bogus IP, trademark, copyright and patent reports: updated with the latest information
This post is by Chris McCabe, a former Investigation Specialist for Amazon’s Seller Performance team, founder of ecommerceChris.com and co-host of the Seller Velocity Conference, taking place in New York City on 26 April.
UPDATE April 2018: This second edition has been fully reviewed and revised.
In order to meet a minimum liability standard, Amazon will act upon properly submitted and completed notice claims of infringement. They will notify specified marketplace sellers which party reported them, on what listing, and how to reach that would-be rights owner via email. The rest though, is up to you. And, unless you (and possibly your legal team) can prove that the Notice claim is false, Amazon considers it valid and actionable.
Unfortunately, word is out among potential Notice claim abusers that anyone can submit a form. Amazon are not worried about additional vetting or verification processes. Investigators merely check the form for completed content in all the right spaces, kill the listings and send off the notifications.
They don’t independently verify that any of the information is actually correct, or valid. The rights owner makes a legally-binding declaration in the form, and signs it. What if you can’t locate a party who submits a false form against you? It’s up to you to chase them down and then show Amazon teams that the infringement allegations are false. There is no guarantee that you’ll be successful though, as results vary.
From bulk editing to quickly duplicating listings, here’s how Wonder Lister makes having thousands of items on eBay a whole lot simpler.
Picture this: you’re a marketplace seller, you have thousands of different products, and all of a sudden your most popular brand changes its name, meaning you need to edit all of your listings.
If you sell on eBay, this scenario could cause you all kinds of problems. Unlike Amazon, where the catalog reigns supreme, on eBay you’re responsible for the content of all of your listings. That’s okay if you only have a few, but if you have thousands then finding the right ones and changing them accurately can be a massive undertaking… Unless, of course, you are using Wonder Lister.
Wonder Lister is an eBay selling tool with a huge number of useful features, including a very fast and flexible bulk editing system. It allows you to search all of your active eBay listings, find the ones that need changing, and edit them all at once, from a desktop app.
An eBay management tool is a must-have for large sellers. For just $5 per month, Wonder Lister allows up to 1000 active listings. At that price, it supports 2 eBay accounts and 1 eBay site, but the higher-level plans support unlimited eBay accounts and listing to all of eBay’s global marketplaces.