5 Simple Tips to Improve Amazon Profit Margins

In order to be successful on Amazon, it’s crucial for sellers to maintain high profit margins. More profit on every unit sold means more capital to grow your business faster and the ability to reach your goals even sooner.

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However, many sellers struggle to find ways to improve their margins and maximize profits. To help you put more of every dollar back in your pocket, this article will cover five effective tips that can help you improve your profit margins and create a more successful business on Amazon.

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How to Sell on Amazon for Beginners: 4 Best Books?

Selling your goods on Amazon isn’t difficult – closing those sales, however, is quite challenging, especially for solo entrepreneurs. According to recent findings, small business sales account for 60% of total sales on Amazon, with marketplace merchants accounting for 55% in Q1 of 2021. 

You don’t need to have a large international brand or a network of influencers available to sell on Amazon successfully. What you do need is literature, guidelines, and books on how to do it right. Here’s how to start selling on Amazon and scale your business successfully, with the best books on how to do so.

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How to Become a Successful Amazon Seller? (Ultimate Guide)

How to Become a Successful Amazon Seller? (Ultimate Guide)

More than 2.5 million active sellers work on Amazon, and among all of them, just a few can be Amazon successful sellers, who increase their selling day by day. In this article, you get familiar with the secrets and mysteries of succeeding on Amazon. Don’t miss this article if you decide to come to the world of Amazon sellers or currently sell your products on Amazon. Continue reading “How to Become a Successful Amazon Seller? (Ultimate Guide)”

Put Your Profit First in Your Amazon Business (Interview with Cyndi Thomason)

Our guest on the 30th of August, 2021,  on the sellerboard show, was Cyndi Thomason, the writer and the owner of the Bookskeep accounting and consulting firm for e-commerce companies.

We talked about:

  • Explanation of the “Profit First” notion.
  • How often an e-commerce seller should reconcile in the books.
  • Benefits of hiring a bookkeeping and accounting outsourcing company.
  • Main things sellers should know before the international expansion of their businesses.
  • What are the common cash flow challenges in the e-commerce business.

Watch the full video here: https://www.youtube.com/watch?v=a2hobAOjdng  Continue reading “Put Your Profit First in Your Amazon Business (Interview with Cyndi Thomason)”

Scale Your Business on Amazon in 2021 (Interview with Robyn Johnson)

Our guest on the 9th of August, 2021,  on the sellerboard show, was Robyn Johnson, the owner of Marketplace Blueprint and the Amazon expert.

We talked about:

  • Navigation through Amazon regulations vs sales and profit maximization. 
  • Advice for product listing optimization.
  • What’s the difference between launching the business on Amazon in the past and in 2021.
  • Marketplace Blueprint Academy for the Amazon sellers.
  • Misconceptions that brands and individuals have when entering Amazon in 2021.

Watch the full vide here: https://www.youtube.com/watch?v=QKekJCWi_20  Continue reading “Scale Your Business on Amazon in 2021 (Interview with Robyn Johnson)”

Amazon and Beyond How to Choose the Right Marketplace (Interview with Richard Hurtley)

Our guest on the 20th of July, 2021,  on the sellerboard show, was Richard Hurtley, the co-founder and managing director at Rich Insights.

We talked about:

  • Factors to consider when choosing the next marketplace whether its Amazon and beyond.
  • Things to bear in mind when launching outside of Amazon.
  • How to prioritize different opportunities.
  • The key commercial drivers such as profit and sales.
  • How to smart plan a successful launch.

Watch the full video: https://www.youtube.com/watch?v=vQHVn6ZiS1k&t=386s  Continue reading “Amazon and Beyond How to Choose the Right Marketplace (Interview with Richard Hurtley)”