🎉 In this episode of Amazon Legends, SoStocked CEO Chelsea Cohen discusses proven strategies for avoiding stock-outs and forecasting inventory. Key takeaways include: ➜ Min-max restocking involves setting minimum and maximum inventory levels and always staying within that range. ➜ The ideal inventory turnover for Amazon sellers is typically between 30 to 60 days. ➜ Maintaining a good inventory level is important for maintaining high IPI scores and avoiding high storage fees. ➜ Geo-ranking is a factor that considers inventory dispersion throughout the country. Having enough inventory across the US is crucial to maintain good rankings and supply Amazon's two-day prime delivery. ➜ Examining the size and weight of products is essential for reducing fees. Understanding Amazon's fee structure, including dimensional weight, can help optimize packaging and reduce expenses. ➜ Packaging plays a crucial role in creating the perception of luxury and value for a product. Elaborate and unique packaging can enhance the perceived worth of a product. Full discussion: https://lnkd.in/eq_bZZf7 👈 #inventorymanagement #amazon #amazonfba #amazonsellers #amazonsellerwebinar #sellertips #ecommerce #business
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🎉 In this episode of Amazon Legends, SoStocked CEO Chelsea Cohen discusses proven strategies for avoiding stock-outs and forecasting inventory. Key takeaways include: ➜ Min-max restocking involves setting minimum and maximum inventory levels and always staying within that range. ➜ The ideal inventory turnover for Amazon sellers is typically between 30 to 60 days. ➜ Maintaining a good inventory level is important for maintaining high IPI scores and avoiding high storage fees. ➜ Geo-ranking is a factor that considers inventory dispersion throughout the country. Having enough inventory across the US is crucial to maintain good rankings and supply Amazon's two-day prime delivery. ➜ Examining the size and weight of products is essential for reducing fees. Understanding Amazon's fee structure, including dimensional weight, can help optimize packaging and reduce expenses. ➜ Packaging plays a crucial role in creating the perception of luxury and value for a product. Elaborate and unique packaging can enhance the perceived worth of a product. Full discussion: https://lnkd.in/eq_bZZf7 👈 #inventorymanagement #amazon #amazonfba #amazonsellers #amazonsellerwebinar #sellertips #ecommerce #business
Avoiding Stock-outs and Forecasting Inventory - Chelsea Cohen - Amazon Legends - Episode #237
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Fred McKinnon brings decades of knowledge on retail and selling on Amazon. Gone are the days of "slapping your logo" on a random item and expecting epic results. Join us for this edition of Modern Merchant as we talk reselling, Amazon, and how to level up your business. Pop down to the comments for the full episode: #flxpoint #amazon #reselling
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🚀 Master the art of selling on Amazon with Hamish Conway in our latest episode! 🎙️ Unlock insider tips on timing, product categories, and navigating the Amazon marketplace. Listen now! #AmazonSelling #EcommerceTips 🛒 https://lnkd.in/ea3kErrN
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Zignify saved >500MUSD production & import cost (no, that's not a typo 😎) by finding alternative producers, countries of origin & negotiation skills. Sourced 4000 products worldwide, not only China. #HellYeah
I'm a firm believer that small changes can make a big impact on your bottom line.💰 Reduced product packaging = Reduced shipping costs Shipping efficiency significant savings. Take a cue from my experience below👀👇🏼(Link to watch the full episode in comments) Do you believe that small adjustments can lead to significant savings? #amazonsellers #amazonfbasellers #volumeoptimization #sellingonamazon #fbaseller #amazonselling
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Growing DTC brands to 7 & 8 figures. $50M spent on Meta & Google Ads. Ecommerce Marketing Coach & Consultant. Webtopia Founder (now acquired). 1X Exit. Podcast host - Ecommerce Impact Podcast. Ex-Etsy.
🚀 Master the art of selling on Amazon with Hamish Conway in our latest episode! 🎙️ Unlock insider tips on timing, product categories, and navigating the Amazon marketplace. Listen now! #AmazonSelling #EcommerceTips 🛒 https://lnkd.in/e6MNCXa3
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Zignify saved >500MUSD production & import cost (no, that's not a typo 😎) by finding alternative producers, countries of origin & negotiation skills. Sourced 4000 products worldwide, not only China. #HellYeah
Rule number 1: Never run out of stock!🙅🏼♂️ With new Amazon fees and policies, knowing your inventory status is more crucial than ever. If you are selling on Amazon, you need to know this! 👇 Catch this full, insightful episode here: https://lnkd.in/dJAqD5cc #amazonsellers #amazonfbaseller #fbaseller #amazonsellers #fba #sellingonamazon #amazonselling
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Episode 2 is out now! Watch This BEFORE Launching Your First Amazon Product! 🚀👀 Listen to the full conversation now: https://lnkd.in/gfRr9NXn #matthewfraser #immatthewfraser #amazonmentor #amazoncoach #ecommercementor #ecommercecoach #ecommerceadvice #amazonadvice #businessstrategy #amazonmarketplace #amazonfba #amazonlaunchtips #firstproductlaunch #ecommercesuccess #amazonselling #productlaunchstrategy #onlinebusiness #ecommercetip
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It has changed the world of online shopping. Amazon turns 30. 🥳 Listen in while Baylee Wakefield, CFA and I talk about how Amazon has changed since its start and where it might focus as it enters its 4th decade. #AskTheFundManager
🎂 Amazon turns 30! From Jeff Bezos’ garage to the largest online retailer in the world, Amazon turns 30 this month, but it's not always been that straightforward. Watch our latest #AskTheFundManager episode, where Baylee Wakefield, CFA and Nicole Lowe talk about Amazon and its evolution into a global phenomenon 👇
Amazon turns 30!
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From an Amazon 1P perspective, you have less control over your promotion strategy - a lot of it will be up to your vendor manager. But this will still heavily impact your overall pricing strategy! Learn more about the 4Ps, check out the full episode 114 -\> https://lnkd.in/d6m8486a {hashtag|\#|VENDO} {hashtag|\#|reels} {hashtag|\#|ecommerce} {hashtag|\#|ecom} {hashtag|\#|business} {hashtag|\#|ecommercetips} {hashtag|\#|ecommercemarketing} {hashtag|\#|product} {hashtag|\#|amazon} {hashtag|\#|walmart} {hashtag|\#|amazonseller} {hashtag|\#|walmartseller}
1P Amazon Promotion Strategy
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