A lot of financial gurus and experts in the world are talking about how the economy is heading to a recession. I don’t want to be all doom and gloom here, but it’s important to avoid putting our heads in the sand and hope for the best. We need to talk about the recession so that, as e-commerce sellers and Amazon business owners, we can make strategic adjustments in our businesses in preparation for an economic downturn.

In today’s episode, I discuss the steps you can take to...

I thought we might be GOING OUT OF BUSINESS during the first week of the Covid-19 crisis.

When Amazon shut its doors to new FBA shipments and halted normal Prime delivery of current in-stock inventory we were in serious trouble. We've never seen sales so low during that week. We were down 99%. Yup.

It was scary but in business, you have to learn to pivot quickly in order to survive.

We knew if we acted quickly we could switch to Merchant Fulfillment during these unprecedented times and...

2020 can be a little crazy for everyone. Many businesses have temporarily closed their doors, while others have closed shop indefinitely. If you had just started your Amazon business before the disease became a global pandemic, you might be wondering now if it’s still worth it. If you’re a long-term Amazon seller, you might be anxious about how you can jump over this hurdle.

Is selling on Amazon still viable during this time of uncertainty? What business changes do you need to...

We’ve said it before, and we’ll say it again: risk comes hand-in-hand with business. The same is certainly true for any Amazon business. But while the struggle is real, knowing your numbers and managing your cash flow can help you protect your profit and stay in business - especially in times of a global health crisis. Cyndi Thomason is the President of Bookskeep, a virtual company that provides accounting services to e-commerce businesses worldwide. Cyndi is an Ecommerce...

Nothing happens overnight when it comes to growing your Amazon business. This doesn’t seem to be the case in social media, where you can see posts that look like instant success. We see these stories of overnight sensations or earning thousands of dollars in days, but what all the hype doesn’t tell is a deeper truth. They don’t show the journey of how they got there: we only see the stats and the dollars. The reality is - to achieve success, we need to make changes towards...

Change - it’s the only constant thing in business, whether it’s a brick-and-mortar store on an online Amazon business. Over the years, Amazon has made changes that can impact how we run our business. Sometimes, they even make changes without first announcing it, leaving some Amazon sellers surprised - or worse - suspended. Luckily, there are people and teams who can advise sellers on suspensions and reinstatement, like Lesley Hensell. Lesley is a specialist on Amazon account...

We’ve got some breaking news coming to you from inside Mommy Income: Amy has decided to retire from her Amazon business. Amy is starting a new chapter in her life to share her genius with the world through a new venture. 

In this special episode of the Amazon Files, we discuss how and why Amy decided to retire from selling on Amazon. She shares what’s next for her in her business career and why this new venture rekindles the spark of excitement she felt she lost. She also...

How do you sell on Amazon?

There are two specific ways to sell products on Amazon. Either using the Fulfillment by Amazon (FBA) program or Seller (Merchant) Fulfillment.

What is Seller (Merchant) fulfilled?

You list products for sale on Amazon’s marketplace, store them in your home and ship them yourself when you make a sale.

What is Fulfillment on Amazon (FBA)?

When participating in the FBA program you will list products for sale, label and package them according to Amazon’s...

WATCH:

There’s a lot of hype about retail arbitrage on Amazon. Blog posts, ads, and websites are out there talking about retail arbitrage to people who want to start an Amazon business. It’s viable for you if you want to set up an online store as a side hustle to fund your Disneyland adventure. What the hype isn’t telling you is that retail arbitrage comes with risks that you need to be mindful of. And if you want a legitimate online business that will get you out of your 9...

It can definitely feel like a real hurdle the first few times you create Amazon wholesale bundles. With all the steps involved in the creation process, you’d feel like you’re always out of time! But while the struggle is certainly real, so are the solutions and success stories. Ryan Parman, an Amazon business rockstar and part of the Amazon Files community, started on Amazon in the summer of 2017 as a side hustle while she worked a corporate job. Through grit, patience, and...