These are sales for 1 day. 50 units, but the profit is negative. The reason is the amazon storage fees. They are withdrawn once a month and most sellers neglect them when calculating their profit.
Use special software that takes automatically all amazon fees in account, as well as the reimbursement and return costs.
Dear sellerboard users, we have great news!
We made a partnership with the international payment system Payoneer and now each of our users will have the opportunity to get a $50 bonus to use sellerboard.
Return costs are ignored by almost all Amazon sellers. There are usually two reasons: they don’t really matter and it’s not clear how to count them. The bad news is that usually, they do matter, as in our (real) example in the screenshot. The good news: sellerboard takes all returns into account automatically.
According to Amazon around 80% of all sales are made through the buy box, so winning the buy box becomes very important factor in your success.
Here are some tips on how to win the buy box every time:
Continue reading “How to win the Buy Box and Increase Your Sales”
Your profit margins are essential.
When you buy a product to sell, there are product costs that you need to cover. Many sellers want to make some money while keeping the price relatively low. However, what they don’t realize is all the fees that need to be covered. This is a very critical thing to consider!
The main amazon fees are FBA and sales commission. However, there are other fees that sellers usually do not consider. sellerboard automatically shows all amazon fees.
Continue reading “Hidden amazon fees: 853€ for the delivery to amazon”
New store brings over one million global products to the UAE
E-commerce giant Souq has launched Amazon Global Store, which allows customers in the UAE to choose from over one million products from US-based Amazon in Arabic or English, and pay in AED.
FBA sellers must pay storage fees for products stored in amazon’s warehouses. The current prices for US-based warehouses vary by time of the year and product size (standard or oversize products):
Continue reading “How to calculate your FBA storage fees correctly?”
In the last days, amazon added a possibility to set up automated repricing for your products using a flat file. The file allows to indicate the minimum and maximum price per product as well as the pricing rule. Amazon will then reduce your prices automatically to maximize the chances of winning the buy box.