Since releasing the very first automated repricing and inventory management tool for Amazon sellers back in 2002, we’ve watched the marketplace grow by leaps and bounds, almost faster than the speed of light. And, for sellers who’ve managed to keep up, the rewards have been aplenty. In the beginning, the idea of automated repricing was scoffed at by seasoned sellers. Today, any seller not using automated repricing to manage their Amazon prices is, very likely, being left in the dust. Even then, simply changing your price isn’t enough. Here are 5 repricing hacks every Amazon seller should know and use to see gains in sales and profits.
This is the first in a series of articles from SellerEngine, focused on how to win Amazon’s elusive Buy Box. There are many articles, tips and tricks, and hypotheses about what the actual algorithm is, but the mystery continues. To keep the playing field even, Amazon doesn’t reveal what the exact algorithm is, but we do know that price and feedback are two of the most important factors.
With over 90 million Amazon Prime customers and climbing, Amazon looks like a sure bet for a sweet piece of ecommerce pie to many third party online sellers. But, while that can be true, it takes more than just luck and opening a selling account. It demands hard work, patience, a serious learning curve involving their many policies and procedures, and time. Many Amazon get-rich-quick gurus spin a different story. But in our over 15 years of Amazon selling experience, we’ve learned that there isn’t much ‘quick’ about Amazon. Except for how fast they will revoke your selling privileges if you don’t play the game to their standards. Fear not! We’ve compiled a list of the top 10 habits most successful Amazon sellers rely on to net big gains and minimize losses.
Q4 is here, and, for online sellers, that means putting all the plans in place for a record breaking sales season. That also means setting up systems and automation so you don’t end up spending your precious time troubleshooting preventable issues, like sales tax problems. Double check these four potential sales tax issues in your Amazon account now, so you can sail into Q4 prepared for anything the season throws at you!
Veteran arbitrageurs who sell on Amazon are all too familiar with the growing number of restricted items. Some of these restrictions are absolute and render a product unsellable in all situations. Yet others are specific to circumstance and can be worked around. What’s important is to know the status of an item before you decide to sell it on Amazon. Even more important, before you spend your dollars investing in quantity to sell on Amazon you later find out cannot be moved at all. Profit Bandit can help you with this.
Q4 starts in 9 days and lasts until December 31st. For most Amazon sellers, this quarter is where a majority of their annual sales come from. It pays off to be prepared with enough of the right products at the right prices. And, because Q4 includes some pretty major holidays, selling toys and games typically brings a great return on investment.
As Q4 draws near and the back-to-school hype tapers off, we need to look ahead to Black Friday and the Amazon holiday rush season. To get ready and make the most of the much-anticipated sales extravaganza, we’ve put together a few more handy tips for you.
Amazon has become an eCommerce giant since its inception in 1994 and they show no signs of slowing. It’s no wonder that, every year, thousands more businesses sign up to sell merchandise on Amazon. Who wouldn’t want a piece of that pie?! And, if it’s Amazon pie you’re looking for, you’ll want to focus your energy on the Amazon Buy Box. It’s reported that over 80% of all Amazon sales come from the Buy Box. Read more to learn how to optimize your chances for Buy Box ownership.
New Amazon standard shipping requirements were recently announced for media sellers delivering to the contiguous United States. An official date for this change has since been made public, along with news of similar policy updates for sellers on Amazon UK.