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...
Do you know the tasks you need to do each day to ensure that your Amazon business is running smoothly? Do you know how long it takes you to complete each step of the bundling process? If your answer is “no” or “kinda-sorta-maybe,” you need to start paying attention to the time you spend on things because, when it comes to business, time is money. But don’t worry - we’ve all been there, and there are systems you can put in place so that you don’t lose...
Debbie Joyce is a long-time member of the Mommy Income community. Not only is she a veteran bundle seller on Amazon, but she is also the Queen of Bundle Variations: she trusts in her knowledge bank, takes what she knows, and turn it into substantial profit. Debbie is living proof that you don’t have to reinvent the wheel or find the next shiny object to scale your Amazon business. All it takes is working smarter, not harder.
Debbie joins me today to share her Amazon journey. She...
Do you have thousands of Amazon bundle ideas but come up with no products?
You’re not alone. Many new Amazon sellers know that they need to do some product researching but have no idea where to start, and we’ve certainly been there before. If you feel like you’ve been spinning your wheels for nothing, know that there are research strategies you can execute to help you...
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