On The Blog
From March 6th Amazon will act as a platform to connect sellers with other lenders, rather than being a lender itself. Those seeking fresh capital to meet everyday opportunities and challenges will have to look for funding outside of Amazon. Make sure you do your homework before you apply!
💷 Kn...
Everyone’s pondering the new Low-Inventory-Level Fee coming April 1st but no-one’s explaining how it works.
My first thought was “How will this affect seasonal products which I only hold for short periods?” And "Will Amazon penalise me for running out of stock?" 🤔
The great thing is, NO!
But, l...
Selling on Amazon can be a profitable, but it's essential to manage your input costs effectively in order to maximise profits. One significant aspect to consider is the selling fees associated with Amazon's Fulfillment by Amazon (FBA) service.
And what do you know! Amazon has announced adjustments...
Delegating is like passing the baton, giving someone else a chance to complete a task.
Small business owners, in particular, find delegating a bit tricky, but it's a must-have skill for top-notch leaders. The gurus swear by it, saying that handing out tasks regularly can strengthen your team and b...
Amazon is renowned for maintaining a high standard of business conduct, and tries to ensure that all sellers on its platform stick to established guidelines, in order to maintain customer satisfaction.
These guidelines, known as Amazon Seller Metrics, are mandatory for sustaining the health of an...
In the fast-paced and demanding world of Amazon selling, burnout has become an increasingly prevalent issue that affects sellers.
We all know that feeling! But how is burnout actually defined? (It’s been denoted as a medical condition by the way!)
Burnout is a state of chronic physical and emotio...
There is no tale of a great entrepreneur which does not describe the odds they faced, battles they fought or embarassing failures they overcame.
Because everyone will agree that of all the pillars needed to scale a company - a determined mindset or grit is the most important. Grit is what separate...
Building a strong team is an essential part of scaling your company.
Here are some great reasons to invest in developing your business team!
1️⃣ Focus: Delegating to a trusted team member leaves you free to hone in on more strategic and profitable activities that are the best use of your time, en...
From squeezing scarce resources to hurting our bottom lines, returns have a huge impact on the operations and profits of Amazon sellers. What exactly are these impacts? And why is that many don't appreciate the full effect they have on our bottom lines?
The first issue is the increased time tha...
Returnuary is about to kick off. Buyers have until the end of January to return items bought between October 11th to December 25th! So sellers typically see higher than usual returns this month.
Please dont ignore these as they can decimate your profits given the low margins of this business.
H...
How many items do you have on your to-do list right now? And how many of those items can you attend to today? Also, how many tasks have been lying on that list for ages?
Time is a finite resource, and how we manage it can significantly impact our productivity and overall well-being. Whether you're ...
Standard Operating Procedures
Do you find yourself giving the same instructions repeatedly? Spend hours reviewing employee outputs? Are you hanging onto complex tasks and afraid to delegate them out?
Then SOPs will really help your business.
A standard operating procedure (SOP) is a set of detai...