Will Brexit affect your business overseas? Is Amazon limiting FBA quantities? Do Amazon’s brands suck? Believe it or not, the fourth quarter is soon upon us so it’s more important than ever to have your ducks in a row and fingers on the pulse of all things e-commerce.
Stay tuned as we deep-dive into today’s top headlines.
Getting your account suspended is every Amazon seller's worst nightmare. What do I do when my account is shut down? How can I prevent future mishaps? How do I stop hijackers? Questions like these keep even the most experienced sellers up at night. Luckily, we've got answers to ease your fears and help you steer the Amazon waters when the shores become rocky.
Attorney CJ Rosenbaum specializes in helping Amazon sellers navigate legal issues. Listen as he explains how to prevent legal trouble and handle problems when they do arise.
Fear should never stop you from pursuing a passion. However, as the saying goes, if you fail to prepare, you prepare to fail.
Outline Of This Episode
[00:00:19] Todd’s introduction to this episode
[00:03:55] CJ’s story
[00:09:25] How to write an effective POA
[00:18:47] Becoming exclusive with brands
[00:22:17] How to kick highjackers to the curb
[00:44:55] The importance of documentation
[00:58:32] Todd’s closing thoughts
Show Notes & Transcript: https://www.entrepreneuradventure.com/10
FIND GOLD PRODUCTS TO SELL: Amazon FBA Wholesale Mine & Refine Method: https://entrepreneuradventure.com/38
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https://www.youtube.com/watch?v=toSvGrRQ_AQ
Register to Win: Amazon Wholesale Tools Package & Coaching, $416.88 Value: https://www.entrepreneuradventure.com/b5i7
Quickly and easily get negative customer feedback removed from you Amazon Seller Central account. This is how I have managed to sell over $44/K per month and maintain a 99-100% positive feedback rating and how you can remove negative feedback on amazon as a seller as well.
FREE WEBINAR: How to Find Profitable Amazon Wholesale Suppliers: https://www.entrepreneuradventure.com/free-webinar-yt
1 ON 1 COACHING CALL: https://www.entrepreneuradventure.com/yt-consult/
DOWNLOAD Wholesale Supplier Request Email Template & Amazon Exclusive Reseller Agreement: https://www.entrepreneuradventure.com/emailtemplate
ALL MY AMAZON SELLER RESOURCES: https://www.entrepreneuradventure.com/amazon-seller-resources/
FIND GOLD PRODUCTS TO SELL: Amazon FBA Wholesale Mine & Refine Method: https://entrepreneuradventure.com/38
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https://www.youtube.com/watch?v=--WMN7ph_JQ
Register to Win: Amazon Wholesale Tools Package & Coaching, $416.88 Value: https://www.entrepreneuradventure.com/b5i7
New year, new rules. At least according to Amazon. A new fiscal year means companies are making changes to policies that affect their bottom line. Wondering how this year’s fee changes will affect your bottom line? In this episode of Entrepreneur Adventure, Todd breaks down exactly how these changes impact your business while recommending ways to protect your pockets nonetheless. Stick around for insight into the different types of sellers and how to negotiate like a pro.
Resources From This Episode
Show Notes & Transcript: https://www.entrepreneuradventure.com/ea5-amazon-fee-changes-types-of-wholesale-sellers-negotiating-with-distributors/
Amazon Wholesale Reverse Sourcing, How to Find Suppliers, Distributors, Manufacturers for FBA 2019: https://www.entrepreneuradventure.com/amazon-wholesale-reverse-sourcing-how-to-find-suppliers-distributors-manufacturers-for-fba/
Coaching Call: https://webinar.entrepreneuradventure.com/coaching-call
FIND GOLD PRODUCTS TO SELL: Amazon FBA Wholesale Mine & Refine Method: https://entrepreneuradventure.com/38
Still Worth It
Beginning February 18th, Amazon is rolling out new fees. While many of these fee changes are fee increases, Amazon’s invested billions of dollars into improving their service for our mutual customers and despite these changes, Amazon remains a fantastic platform to grow your business with benefits like free one-day shipping.
Fee Changes Debunked
So what’s changed? Some fees have actually decreased! Let’s begin with referral fees, or the fees you pay for access to Amazon’s platform and customers. Referral fees are decreasing on shoes, handbags, and sunglasses, outdoor furniture, and personal care appliances.
Keep Your ROI at 30%
Fulfillment fees, or the fees you pay for Amazon handling your order fulfillment, are, for the most part, going up. On average, fulfillment fees are going up 25 cents per unit. If you’re following Todd’s recommendations, your margins shouldn’t be so thin that this increase affects you. As a reminder, we recommend selling products with a 30% ROI and a minimum $3 to $4 profit.
Storage Tetris
For every month your product sits in Amazon’s warehouse unsold, you pay a storage fee. These are going up significantly (69 cents per cubic foot to 75 cents per cubic foot) so keep your inventory supply tight (15-30 days). However, if you’ve got money to work with, you may benefit from a 60-day supply so as not to run out.
Don’t Dispose
Amazon is increasing disposal order fees, or fees incurred when Amazon disposes of your product, to match removal fees, or fees incurred when you remove a product. Because these prices are now equiva
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https://www.youtube.com/watch?v=Ts_DqsEZrpg
Are you an entrepreneur through-and-through? A die-hard workaholic? A pick yourself up by the bootstraps type of go-getter? Then you're probably a "do everything" person. You take your own phone calls, build your own websites, do your own books, run your business day-in and day-out. While it's true that do-ers are the lifeblood of entrepreneurship, you'll never grow your business beyond a side hustle without outsourcing. Take it from Trent Dyrsmid, an e-commerce success story who went from zero to $100,000 in monthly sales with the help of standard operating procedures.
Show Notes & Transcript: https://www.entrepreneuradventure.com/13
FIND GOLD PRODUCTS TO SELL: Amazon FBA Wholesale Mine & Refine Method: https://entrepreneuradventure.com/38
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https://www.youtube.com/watch?v=qSSXqu9aC4c
On this special episode of Entrepreneur Adventure, Todd lets us listen-in on one of his one-on-one coaching calls. Stay tuned for exclusive insight on everything from cold-calling brands, building relationships, hiring VAs, and analyzing product lists.
Listen in to this excellent 1 hour coaching call I did with my friend Brian.
Show Notes & Transcripts: https://entrepreneuradventure.com/26
Book 1-on-1 Coaching: https://www.entrepreneuradventure.com/consult/
All My Seller Resources: https://www.entrepreneuradventure.com/amazon-seller-resources/
Ask questions for future podcasts: https://www.entrepreneuradventure.com/ask-todd/
Get on the waitlist for small group coaching class: https://www.entrepreneuradventure.com/small-group-coaching-waitlist/
Download My Amazon Wholesale Email Templates: https://webinar.entrepreneuradventure.com/wholesale-email-templates
FIND GOLD PRODUCTS TO SELL: Amazon FBA Wholesale Mine & Refine Method: https://entrepreneuradventure.com/38
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https://www.youtube.com/watch?v=SAZaPYpg0LE
Learn how to get ungated for any product. If you are going to sell on Amazon you are going to run into gated categories and products that you can not sell without jumping through some hoops.
Show Notes & Transcript: https://entrepreneuradventure.com/24
Facebook Page: https://entrepreneuradventure.com/facebook
All My Seller Resources: https://www.entrepreneuradventure.com/amazon-seller-resources/
Ask questions for future podcasts: https://www.entrepreneuradventure.com/ask-todd/
Get on the waitlist for small group coaching class: https://www.entrepreneuradventure.com/small-group-coaching-waitlist/
Download My Amazon Wholesale Email Templates: https://webinar.entrepreneuradventure.com/wholesale-email-templates
Book 1-on-1 Coaching: https://www.entrepreneuradventure.com/consult/
FREE Amazon Wholesale Webinar: http://webinar.entrepreneuradventure.com/webinar-registration-page
FIND GOLD PRODUCTS TO SELL: Amazon FBA Wholesale Mine & Refine Method: https://entrepreneuradventure.com/38
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https://www.youtube.com/watch?v=kxACgY78iLo
Register to Win: Amazon Wholesale Tools Package & Coaching, $416.88 Value: https://www.entrepreneuradventure.com/b5i7
Is opportunity really everywhere?
My cousin Andy started a Facebook group around a topic that he is interested in and it has exploded. What are his next steps and can he build a business around it?
1 ON 1 COACHING CALL: https://www.entrepreneuradventure.com/yt-consult/
DOWNLOAD Wholesale Supplier Request Email Template & Amazon Exclusive Reseller Agreement: https://www.entrepreneuradventure.com/emailtemplate
ALL MY AMAZON SELLER RESOURCES: https://www.entrepreneuradventure.com/amazon-seller-resources/
Thumbs up image courtesy of Chaiwat at FreeDigitalPhotos.net
FIND GOLD PRODUCTS TO SELL: Amazon FBA Wholesale Mine & Refine Method: https://entrepreneuradventure.com/38
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https://www.youtube.com/watch?v=j_j3MTh1b_k
Starting with small orders is the way to go, and I'm sharing some personal insights on how to make it work for you. ?? As an entrepreneur, I've faced the challenge of not having enough funds for those profitable products, but trust me, there's a way around it!
#AmazonSeller #EntrepreneurLife #StartSmallWinBig #AmazonFBA #SmallOrdersBigDreams
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https://www.youtube.com/watch?v=d8PXbhf6pDo