Posts

Showing posts with the label amazon fba restocking

Tips and Tricks: How to Sell Books on Amazon

Image
Well, selling books on Amazon can be quite tricky but is also one of the best and trusted platforms to start selling online. Starting your own business takes a lot of time to gain the trust of the customers. But Amazon has already gained trust of millions of customers across the world. So, selling books on Amazon can be of great profit and without any money to spend in any offline stores.  In this article you will get to know about ‘How to sell books on Amazon?’ It is not necessary to spend a lot of money in this process, instead one can even start their business through selling their old books on Amazon.  Selling Books on Amazon is Beneficial After making a library of your read books, one always feels to replace or sell some of it. So, if you have some Dan Brown collection, or Manga books, some amazing fantasy books, etc., then you can earn some quick bucks out of it through Amazon. This can be the most healthy of earning something out of your niche collection. But before starting all

Brexit And Its Impact On Amazon Sellers

Image
  After many years of back and forth, “Brexit” (British exit), the withdrawal of the United Kingdom (UK) from the European Union (EU) finally happened on 31 January 2020. Well, but were all the things sorted out after so much hassle? Unfortunately, No. Currently, the UK still continues to participate in the European Union Customs Union and European Single Market during a transition period that will end on 31 December 2020. During this phase a new free trade agreement is meant to be negotiated.    Every action has its consequences, and Brexit, has created a major blow on the sellers in the UK and Europe. Catastrophic situations have occurred for UK and EU sellers on Amazon. That is, if your business uses Amazon’s Fulfillment services, many changes are on the way. (and definitely not any good ones!)     As we all know, Amazon.co.uk is one of the most popular Amazon marketplaces in Europe – both for buyers and sellers. Especially companies from overseas tend to start selling in the EU fr

Budget your working capital efficiently to maximize the growth of your business

Ecommerce businesses need to know their working capital and by working capitals, I mean how much money to reasonably spend on your business over a period of time, such as a week, month or usually a quarter. Ideally, you want to know how much to reasonably spend as you want to budget your working capital effectively to maximize the growth of your business. Looking at the last quarter of this graph, based on the previous year’s sales, you will be able to see how much money you will make over a given future timespan. You will also be able to gauge how much money to spend to buy more inventory . As ecommerce sellers know, you want to earn 10%, 20% or however many percentages off the money you spend on the product. How AiHello helps with this overarching issue is that you want to know how much money to invest in your inventory over a period of time so you can make the purchase order immediately. How we can provide an answer to this is looking at the total revenue forecast graph where you ca

What to stock, how much to stock and where to stock

A major reason why many ecommerce businesses thrive and do well is optimizing their inventory management. In layman’s terms, knowing exactly how many and where to restock an item. What to stock, how much to stock and where to stock are the three pillars of a successful ecommerce business and if one of those pillars are disturbed it will affect the business’ profit margins and revenue. Knowing how much to stock lays the foundation and the rest and do what a human does best – running a business. You let the AI do the heavy lifting of how much to restock, where to restock etc. Here I will show you how the AI informs you how much to restock during the holidays. The holidays are generally a period in which an ecommerce seller will either makes a killing with a high profit margin or does not sell well and get bombarded by extremely high warehouse fees. You need to be prepared months in advance because there is are lead times, shipping times, and the closure (or backlog) of Amazon warehouses

Start Selling On Your Own Ecommerce Store? Amazon Fulfillment vs. WooCommerce in 2019

One piece of advice that’s thrown around most in entrepreneurship communities is that before you can succeed, you need to start - and you need to start today. But that’s not so easy, is it? At least, traditionally, if you wanted to sell something you would need to build your own store, spend money on marketing and advertising, manage logistics of shipping and handling orders, and very slowly, build a reputation. But all of that work was cut-short with online marketplaces like Craigslist, eBay, and most importantly, with Amazon.  Seeing it’s been 13 years since Amazon launched its revolutionary Fulfilled by Amazon program, we thought it’d be useful for our readers to know if the FBA program is still as viable as it was in a decade ago. Or is there a better alternative - your own eCommerce store?  Benefits of Amazon FBA Working with the world’s largest internet company by revenue has its benefits.  300 million active customers (and Prime users) You can’t ignore the fact that Amazon is t

WooCommerce Integration with FBA

This video will show you how to use other ecommerce marketplaces to increase your sales and profit margins. We will also discuss diversifying outside of just selling on Amazon like using Shopify and Woocommerce and moving onto your own website. Some benefits of that include having the customer as a direct customer, guaranteed income, Amazon not being able to shut you off, and best of all increased credibility which can help you out if you’re also selling on Amazon. However, Amazon does provide you with all their customers and the exposure of your products to those customers, whereas with Woocommerce you’ll need to advertise extensively. Firstly, we’ll have to connect Woocommerce to Amazon FBA so that any sale completed on Woocommerce can be fulfilled by Amazon FBA. You could also use 3PLs but if your numbers are not above a certain threshold, it’s more effective to use Amazon FBA. Amazon has the potential to make sellers a lot of money, but you don’t want to rely completely on Amazon