27: Amazon Changes Because of COVID-19 and How You Can Help
Masters of Marketplace
Small businesses have been shut down. Millions of people have been ordered to stay at home. We are living through history in the making as we experience the global pandemic known as COVID-19. Last week, Amazon announced that they would no longer accept items other than household staples, groceries, medical supplies and other high demand products at its warehouses until at least April 5th. Tune in to learn what you can do about it.
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26: Creating a Contingency Plan for Your Amazon Store
Masters of Marketplace
COVID-19 is the talk of well, everything, and is impacting businesses like we’ve never seen before. It’s difficult to formulate a contingency plan when it’s already too late. Do you know how to ensure your Amazon store and overall business is safe and able to stay afloat in troubling times like these? Learn how to prepare yourself and your business when circumstances arise so that you don’t have to shut down your shop or go out of business.
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25: Should You Sell on Amazon Seller or Amazon Vendor?
Masters of Marketplace
If you’ve been wondering what the differences are between selling ON Amazon and selling TO Amazon, then this is the episode you’ve been waiting for. Many people don’t understand the pros and cons of selling on Amazon’s Seller platform versus Amazon’s Vendor platform and it really depends on your business priorities which is the right for you. This can be a confusing decision, especially if you are new to Amazon. Listen to learn which is best for you! Notes at https://www.mastersofmarketplace.com/2
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24: Keywords You Should Never Use in Your Amazon Listings
Masters of Marketplace
Imagine one day you wake up to see that Amazon has removed them and you can’t figure out why. Often times it’s because you used restricted words in your product listings’ titles, bullets or backend keywords. Tune in to listen to this helpful episode to learn how Amazon detects forbidden keywords, what the consequences are for using these specific words, whether it’s possible to fix the issue and how to prevent the problems before they happen.
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23: 6 Ways to Increase Your Profit Margins on Amazon
Masters of Marketplace
One of the biggest problems plaguing brands on Amazon is the ever decreasing profit margins across many different categories and products. Amazon has been squeezing its sellers, but the good news is there are solid ways to increase your brand’s profits across the Amazon marketplace. Whether you have small or large products, high priced or low priced items, listen in for 6 simple yet super effective ways to increase your profit margins on Amazon.
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22: How to Price Your Products Across Online Sales Channels
Masters of Marketplace
Pricing is something so many e-commerce brands struggle with as online retailers are always competing for the lowest price to serve their customers. Competitive pricing across your sales channels is critical to the success of your e-commerce brand. But be careful, there are some ways that Amazon will penalize you for this. Learn how to price your products for a profit across all e-commerce channels in this episode.
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21: 5 Ways to Get Legitimate Amazon Reviews in 2020
Masters of Marketplace
One of the most difficult things to do as an Amazon seller in 2020 is to get product reviews. With Amazon’s ever changing rules, it’s become harder than ever to get legitimate reviews to your products, both new and old. Listen in for 5 total legal and legit ways that you can generate product reviews on Amazon in 2020.
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20: The Biggest Mistake to Avoid with Amazon Private Promotions
Masters of Marketplace
What is one of the quickest ways to boost your sales? Set up an Amazon promotion code. Whether you’re looking to launch a new product or sell through some of your slow moving inventory, promotions are a great way to quickly increase your sales. But beware! There is one crucial mistake during set up that can plummet your business fast. Listen now so you never encounter the horror of losing money, inventory and control over your product on Amazon.
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19: How to Make Money with Amazon's Affiliate Program and Become a Brand Influencer
Masters of Marketplace
Pursuing the dream of generating passive income isn't always easy, but it's far from impossible. To hear more about how to do this through the Amazon affiliate program, who is it for, how to sign up and how to benefit the most of it, listen as Kathleen shares her knowledge on how to promote your affiliate links the proper way but also the best practices and pro strategy tips so that you become a successful Brand Influencer on Amazon. Notes at https://www.mastersofmarketplace.com/19
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18: How to Sell Your Digital Products on Amazon
Masters of Marketplace
There is a multi billion dollar online market who consumes digital products. Combine that with the hundreds of millions of Amazon customers who are searching for solutions and you get an untapped market of people that you can potentially market your digital products to. Listen in for real life examples of how entrepreneurs have succeeded in boosting their sales and growing their online business through this method of selling on Amazon.
info_outlineWhen you are selling on Amazon, especially when you do FBA, there is a strong chance that Amazon owes you money in one way or another.
That’s right! Amazon is a big corporation and the fact of the matter is, they’re not going to be proactive about paying you for smaller hiccups you experience as a seller using their platform. They may damage your products, lose them or even charge you extra and incorrect fees. And, if you are not diligent enough or not proactive about it, you are definitely losing big money.
In this podcast episode Kathleen shares the must do business practices if you want to maximize your profit on the Amazon marketplace. She will guide you through the exact steps and the techniques that she uses in her everyday work being an Amazon business consultant. Check out this episode to find out how you can get your money back that Amazon owes you.
It’s not cheap to sell on Amazon. Between the fees, the shipping costs, advertising and your own cost to produce your products, it can be easy to lose sight of your profit margins real quickly. That’s not to say you can’t make money selling on Amazon, because you can make great money. But you want to ensure you are getting back all the money you’re owed at any given time for being an Amazon seller.
Make sure that you check for anything that’s been labeled “warehouse damaged” in your FBA inventory. This episode walks you through how to locate the proper reports so you can check through all the reasons for FBA returns, what to look out for and how to report it to Amazon so you can get reimbursed for these mistakes.
Ensure your FBA products have the correct weight and dimensions. This will save on your shipping but especially on your warehouse monthly storage fees. Don’t get overcharged because of having the wrong information in your product description and settings.
Reconcile any inventory sent to FBA that’s missing from your FBA shipment reports. Amazon rarely proactively issues reimbursements, so this is mostly up to you to report to them. You must provide documentation to show them the number of units in each box and shipment. This episode suggests a few ways on how you can protect yourself in order to ensure you’re not losing money because Amazon or your shipping carrier has lost parts of your shipments.
If you’re a customer, there are ways that you can get money back from Amazon on late order deliveries. If you’ve ever received a package late, they will give you up to $5 if you open a support ticket with their customer support, ask nicely and let them know how the late shipment has impacted you.
Show notes at: https://www.mastersofmarketplace.com/13