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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

Many are now jumping into eCommerce business bandwagon. Online stores are opening here and there. But what’s ironic is, despite having tons of people getting into eCommerce, just a handful of them really know how to navigate and operate their online business. What’s funny is they are uninitiated with jargons that are used in this sector. Among these are 3PL warehouses . As you engage yourself into online business, you will be taking, accepting and fulfilling orders online. For amateurs, this may make them scratch head for few seconds on how to streamline the process or if there’s a system that can be use to have a smooth sail of everything. This is where third party logistics companies will come into place. So what specifically does a third party logistic company do and what exactly is third party logistics definition ? Do You Know What You’re Getting Yourself Into?   With the massive advancement in internet technology, faster internet connectivity and more ways to connect online, it

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

  Inventory forecasting is the need of the time for retailers as well as wholesalers. They can use it to determine their requirement of goods or inventory in the near future. It is mainly a predictive analysis that is mainly based on the reorder points and the order quantities. The reorder points tell us when we should order a particular inventory item and the Economic Order Quantity tells us how much we should order. Both are evaluated using special formulas. There are many factors involved in the process of stock forecasting. For example, there is a forecast period for which the prediction is made, the trends of the items in terms of their sale, and the base demand or the current supply of the goods. It is paramount for any retail business owner to have a complete analysis of his present stock and the future state of his inventory leveraged with the demand of the consumes. Estimating the future product demands is the starting point for any business to begin planning about its invent

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

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

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