Speaking the Language of International Payments

Note: This is a guest post from World First, SellerEngine’s partners in international payments.

When you’re new to the world of global selling and international payments, sometimes the jargon and lingo used can sound like a foreign language.

While it’s never good to go overboard on the technical terminology – and we try to keep things simple when we talk to you – it’s also a good idea to be familiar with some of the phrases that sometimes pop up when you’re exchanging currencies.

Keep reading to learn the most commonly used terms, and their definitions, to help get you up to speed.

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Profit Bandit and the Amazon Fire Phone

firephoneDid you somehow end up with an Amazon Fire phone?

While Profit Bandit is only officially supported on iOS devices and Android devices that can access the Google Play app store, it is possible to install and run Profit Bandit on the Amazon Fire Phone.

Be aware that some features may not work, like bluetooth scanning.

If you’re interested, keep reading to learn more!

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Revisiting Repricing Myths

With the “Amazon Nightmare Before Christmas” caused by Repricer Express’s glitch, Amazon sellers all around the world (even those who don’t use automatic repricing programs) are talking about repricing. They’re wondering how this can happen and how to protect themselves.

If you’re a fan of the SellerEngine Blog, I hope you’ve read our post about the repricing myths. If not, now’s a great time to revisit it.

 

And tomorrow we’ll take a look at Sellery and how Sellery’s minimum price prevents pricing meltdowns.

+Paul Cole

Getting Started: Choosing Your Seller Name

helloNameTag2Just like going to the gym, our research shows that there’s an influx of new sellers in the beginning of every year.

That’s great! We’re always excited to see people strike out on their own and start their own businesses.

However, as more experienced sellers know, there are plenty of mistakes you can make when selling on Amazon. Today we’re going to tackle one of the easiest errors to avoid: choosing the wrong seller nickname.

Keep reading to learn more.

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The Best Holiday Pricing Strategies for Amazon Sellers

Looking to maximize your profits this holiday season? Want to know the best strategies for pricing your Amazon inventory?

You’ll need to keep in mind your items’ categories, their sales rank, your competition and much more when setting your prices.

Keep reading to find out what you need to know to succeed during the holidays (and the rest of the year)!

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Black Friday & Cyber Monday Inforaphic

Black Friday 2014

 

Here’s a look at some data we’ve collected over the past month. We’ve used an average day in November as the baseline and assigned it a value of 100.

You can see that Black Friday sales haven’t changed much since last year, but look at the growth in Cyber Monday sales! Up 25% year over year!

+Paul Cole

Why VAT isn’t as Bad as You Think

VATAs someone who works with thousands of Amazon sellers, I’ve never seen 3 little letters cause as much confusion and terror as VAT (well, maybe IRS, but that’s something for a different blog post).

I often hear sellers use a lack of understanding of VAT as a reason to not sell internationally. And there’s no excuse for that. VAT isn’t rocket science and it isn’t something to be terrified of.

Keep reading to understand what VAT is and why it’s simpler than you might think.

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Starting Thinking about 2015 Today

newYearResolutionsWe’re well into the 4th Quarter now and your sales are (hopefully) going strong. You’re spending almost all of your time sending items to Amazon FBA fulfillment centers, shipping out orders, finding new inventory and just keeping your business chugging along.

But there’s more you need to do! You need to start thinking about how your business will change (for the better) in 2015 and what steps you’ll need to take once things slow down a bit in the new year.

Keep reading to learn more.

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