From getting started to purchase orders, Direct Fulfillment, and understanding allowances. We demystify Amazon Vendor Central.
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.
Gary Huang brought together an amazing group of online sellers, each with over one million dollars in sales. Here’s their top advice for others.
This post is by Gary Huang, host and creator of the 7 Figure Seller Summit, founder of 80/20 Sourcing and an online seller on Amazon, eBay and Shopify since 2004.
Recently, I interviewed over 20 seven-figure ecommerce sellers and experts. I wanted to learn the specific mindsets and growth strategies they used to scale their business to over a million dollars in annual revenue.
At the same time, I challenged them to talk about and explain the mistakes they made along the way. This was the vision behind the 7 Figure Seller Summit.
After speaking to these million-dollar ecommerce sellers and experts, I noticed some common themes between them. So, I’d like to share with you my top 10 takeaways that I’m implementing to grow my own ecommerce business.
Do you know your inventory turnover ratio? Here’s the simple formula to calculate your inventory turns, what it means and why it matters.
This post is by Chinh Nguyen, Co-founder and VP, Marketing and Revenue at Finale Inventory.
As an ecommerce business owner, customers all over the world can view and buy your products in an instant. This allows your inventory to move at a much faster pace than in brick-and-mortar stores.
When your inventory is managed well, it can lead to long-term success for your business, making your inventory turnover ratio an important topic to know and understand. There’s a lot you need to know about inventory turnover for ecommerce, and we’re here to answer all of your most pertinent questions.
We spoke with Sophie Howard about the subscription business model. Here’s how to leverage Cratejoy’s platform and Amazon’s market reach.
As competition on online marketplaces has become fiercer, more and more sellers are looking for a way out of the ecommerce rat race. The big question is, “How?”
One way is to start a subscription box business. In this model, sellers put together a selection of products which customers pay to receive automatically, every month.
Subscription boxes exist for a wide variety of products, from beauty and pet supplies to comics, food and drink. Customers can choose to receive a set selection of items each time, or have a surprise box, where the items are chosen for them.
We spoke to ecommerce entrepreneur Sophie Howard about the subscription box business. Sophie builds and sells her own brands, and is the founder of Aspiring Entrepreneurs, where she coaches online business owners.
We talked about why subscription boxes are an attractive business model, how to leverage leading platforms Cratejoy and Amazon, and the unique challenges that subscription business owners have to overcome.
When you’re immersed in the details of selling on Amazon, it can be hard to see the big picture. These 4 simple KPIs bring it sharply into focus.
This post is by Dave McDaniel, a senior VP with ManageByStats.
With over 2 million Amazon sellers worldwide, there’s no shortage of information on how to succeed selling on the world’s number one online platform. Mentors, groups, courses and experts abound.
Despite that abundance, new information is constantly needed. Amazon is ever-changing, and we Amazon sellers are always hungry for the latest how-tos and best-practices. There’s always something new to learn.
In this article we cover the four absolutely key KPIs for monitoring the health of your sales on Amazon, so you can see at a glance how your business is doing.