Products that piggyback on popular trends can generate amazing sales quickly, but timing is everything and other sellers don’t always play fair.
This post is by Pilar Newman, an eleven year Amazon seller veteran who runs her business full-time while traveling the world. Pilar provides ecommerce training on her website and YouTube channel.
Learning how to capitalize on fast-moving industry trends can significantly bump sales for any ecommerce seller.
It’s an opportunity that sellers such as myself seek out like a hawk in order to quickly turn around products at some of the highest profit margins. This is especially true when one uses private labeling as a method to enter the marketplace, and ride the wave of a hot new trending item.
One of the easiest and fastest ways to profit from a trending item is to produce a secondary product relevant to the main item. This is often seen when the latest tech gadget is released, and a rash of new compatible accessory items erupt onto the marketplace.
But competition is very high when it comes to profiting from trending products, and you can’t just jump on the bandwagon and expect to be successful.
In this article I’ll tell you how I’ve made money from trends in the past, how you can identify hot products yourself, and my best tips and tricks for making the most profit with trending items.
Amazon Vendor does not have an API, so retailers who want to integrate with the system have to get to grips with the obscure world of EDI
This post is by Katherine Khoo, Managing Director at ecommerce software development company Khoo Systems.
If you’re an Amazon Vendor (or a seller considering the Vendor program) the question of how to integrate with the system is likely to have come up. What does it take to connect with Amazon Vendor? And how does it work?
Amazon Vendor uses an interface called EDI (electronic data interchange) which allows you to extract order management data from Amazon Vendor. Unlike the Amazon marketplace and other common sales channels, Amazon Vendor does not have an API (application programming interface) so EDI is your only option.
In this post we’ll explore what EDI means, how it works for Vendors, and what it looks like technically.
Amazon is now suspending sellers before their first sale, and requesting evidence of authenticity. Some sourcing models won’t survive.
This post is by Chris McCabe, owner and founder of ecommerceChris, LLC, an Amazon seller account consultancy.
Dropshippers and arbitrage sellers on Amazon can’t catch a break.
Things have changed in the last several months to make life even tougher for resellers trying to maintain a successful account. The number of sellers contacting me after they have been suspended due to a lack of adequate supply chain information has been multiplying every week.
We have tracked so many cases like this throughout 2019, that we now wonder why sellers continue to use these sourcing methods at all. Sellers like these, with weak supplier info or who lack invoices, need to modify their business models, and fast.
Amazon Business is geared towards business buyers, with a number of features to meet their needs. Here’s everything sellers need to know.
Amazon has pretty much monopolized consumer-facing ecommerce – selling products to people for their personal use – but business-to-business (B2B) ecommerce is a whole different ball game. Some businesses have been buying from Amazon for years, but many larger companies have strict purchasing policies and Amazon has not been up to their standards.
In 2015, Amazon adapted its strategy to attract business buyers, through the new Amazon Business program. Businesses who wouldn’t buy from Amazon before could now access multi-user accounts, get quantity discounts and access detailed spending reports, along with other features.
As a result, Amazon quickly increased its market share of the huge B2B ecommerce market. In its first year, Amazon Business reached $1 billion in sales, with millions of buyers and hundreds of thousands of marketplace sellers trading through it. With total B2B ecommerce sales in the U.S. now over $1 trillion, there’s a lot more room for Amazon to grow from their 0.1% market share.
Here’s what Amazon Business is all about, and how to take advantage of the rapid growth in B2B ecommerce as a marketplace seller.