Friday 15 July 2016

The Five Keys to Success


We hope we have given you enough information to help you be successful and win with FBA. As you continue to grow your business, the following five strategies can help you be successful.

 Let the numbers lead the way

  • On a regular basis you should Monitor daily business health metrics in Seller Central including your Customer Feedback.
  • Use the Amazon Selling Coach dashboard to see all your inventory, fulfillment, product, and pricing opportunities.

 Use high-quality listings and optimize prices

  • Optimize your listings to avoid listing errors such as, Missing info, Incorrect info, Matching errors, and Variation errors.
  • Keep your listings active. Inactive listings could result in inventory being stranded in our fulfillment centers.
  • Price competitively, and keep the potential FBA sales lift in mind when you consider margin.
  • Utilize FBA tools, like the FBA Revenue Calculator and Fee Preview to gauge your profitability before you convert products to FBA.

 Manage your inventory

  • Keep enough stock on hand to cover demand and set up your Replenishment Alerts to avoid stock-outs.
  • Use the Inventory Reconciliation Report to keep an eye on your inventory movements.
  • Manage your inventory fees by setting up Automated Long-Term Storage Removals.

 Minimize error rates

  • Remember that Prep and Label errors can delay receipt of your inventory. Prep and label your units appropriately and make sure you don’t send any restricted products.
  • When it comes to your inbound shipments remember to count twice, ship once to avoid sending the wrong quantities.
  • Follow our shipment policies and guidelines to save time and money.

 Optimize, optimize, optimize

  • Use Amazon-partnered carriers for your inbound shipments.
  • Enable FBA Export to sell to more customers around the world.
  • Advertise with Sponsored Products and set up promotions to help drive demand.
  • Subscribe to the FBA Newsletter to keep an eye out for new features and important business-related information. We will also communicate through direct e-mail and headline announcements on Seller Central.

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