Tag Archives: Business

Understand the Numbers Behind Your Ecommerce Business With Zynergy Books

Outsource bookkeeping, improve your financial management skills, and increase your profits, with ecommerce specialist Zynergy Books.

Zynergy Books Mike Cortes in office

Bookkeeping is a necessary evil for online retailers. Some sellers see hundreds of transactions a day, making it difficult to keep track of money going in and out. On top of that, cashflow issues can go unnoticed and threaten the survival of any business, even those that are very profitable.

The obvious solution is to hire a professional bookkeeper to balance the numbers and keep your books correct and up-to-date. But there’s only so much a bookkeeper can do. You’ll typically have contact with your bookkeeper once a month, when you send over your latest figures, then they’ll then go away and work their magic alone. Rinse and repeat every month.

Zynergy Books does things differently. They provide bookkeeping services to ecommerce businesses, so sellers can offload that work and spend their time more productively. But then Zynergy uses their experience in both ecommerce and finance to provide personalized coaching, helping retailers cut costs, improve cashflow and boost profits.

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Amazon Best Sellers Rank or BSR: What We Know About How It Works

Chris Dunne looks at Amazon BSR: what it is, where it can be found, how it is calculated, the Best Seller badge, boosting your BSR and more.

Man confused by charts

This post is by Chris Dunne, Marketing Executive at RepricerExpress.

This post will examine an intriguing and often confused metric, Amazon Best Sellers Rank (BSR).

Many sellers think that getting the best possible Best Sellers Rank is the aim of the game when selling on Amazon. It’s a clear indication that you’ve beaten your competitors and sales are coming in fast, isn’t it?

In this post you’ll discover the truth about BSR, including why it matters and when it doesn’t, how it is calculated, and what you can do to boost it.

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Amazon Seller Suspension and Cancellation Cover: How Payouts Work

No Amazon seller wants to get suspended but, if it does happen, here’s how the Monitor & Protect claims process works in practice.

For Amazon sellers, having their account suspended has become an occupational hazard. But this doesn’t mean that it’s any less damaging when it happens. Sellers have to contend with the fact that they have little or no funds coming in, while expenses like staff costs and rent still have to be paid.

Monitor & Protect is a comprehensive Amazon seller protection service from Thompson & Holt. It includes account health notifications and listing hijack alerts, to help sellers avoid suspension in the first place. If suspension does occur, Monitor & Protect includes an appeals service, and most sellers are reinstated quickly.

But if sellers are out of action for more than five days, there’s cover to fall back on of up to £50,000 (around $70,000), underwritten by insurance market Lloyd’s of London. Here’s how it all works, including a real example of the claims process in action.

This is an updated version of a post originally published in April 2018.

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3 eBay Growth Strategies Online Sellers Should Know

Whether you are adding a new product line, selling internationally or creating new products, ShelfTrend has the eBay market data you need

Man viewing charts on PC representing ShelfTrend eBay research

Most eBay sellers are looking for ways to grow their businesses. But in a marketplace where you can trade almost anything, deciding exactly what to sell is a big challenge.

Sellers will often start their research by looking at bestseller lists or searching the eBay site. That’s OK if you are shopping, but for sellers it can lead them in the wrong direction. To be truly successful, a deeper, more comprehensive understanding of what sells is required. That is what ShelfTrend has set out to deliver.

By analyzing live eBay data, ShelfTrend can help sellers find patterns and gaps, and decide how to move into new categories, expand overseas or develop new private label products. With a free basic plan available, sellers don’t have anything to lose by trying it out.

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Amazon Vendor Central: Everything You Need to Know

From getting started to purchase orders, Direct Fulfillment, and understanding allowances. We demystify Amazon Vendor Central.

Amazon Vendor Central answers just ahead

There are two ways to get your products selling on Amazon: as a seller (also known as third-party or 3P) or as a vendor (first-party or 1P).

The end result looks the same either way – your products will be available to buy on Amazon. But that’s where the similarities end. Amazon Vendor Central is actually a completely different concept to Seller Central. It’s crucial to understand the fundamental differences and not just compare each feature separately.

While a lot is written and said about Seller Central, information on Vendor Central can be harder to come by. There is some level of mystery surrounding exactly how it works. So, in this article, we have answered the most important questions that people have about Amazon’s vendor side.

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