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Our Latest Blog Posts
Ensure Your Q4 Success! How to Kick Ass During the Most Lucrative Selling Period of the Year
- Q: How do you ensure your success for this year’s Q4? A: Simple. Make sure you have a solid, time-efficient plan in place for Q4’s biggest selling dates: Black Friday (November 24), Cyber Monday (November 27), and the Christmas shopping season which kicks off on December 1. Your sales revenue has the potential to increase by as much as 1,000% during these key dates, so it is absolutely imperative that you have a sound plan and strategy in place to maximize profits during this lucrative season. Three Keys to Success: 1. Get your inventory to Amazon on time. Timing is[…]
Price Smart! The Open and Shut Case of Using Repricing Software
- Aside from eligibility and seller metrics, pricing is an integral component of the Amazon algorithm for determining who gets the much-coveted buy box on an Amazon listing. And as we all know, 80% to 90% of all purchases in Amazon occur in the buy box, so having a sound pricing strategy in place to maintain a consistently good buy box ownership percentage is an absolute necessity for your FBA business to thrive and succeed. The Importance of Implementing a Strategic and Highly Reactive Pricing Strategy Selling on Amazon can be quite competitive, and in order to keep up with thousands[…]
The Skinny on the 2017 MTC Sales Tax Amnesty Program and How it Affects Amazon FBA Sellers
- While almost all FBA sellers like us are in the thick of our preparation for selling on Q4, most recently, there have been a lot of interesting developments regarding Amazon’s sales tax fight as states in the US have vowed to take stricter measures to close down all loopholes that let Amazon customers purchase products online without having to pay sales tax. The ramifications of this will affect our businesses in the short and long term, so it is important that we stay informed and updated regarding this issue. What exactly is going on right now? Currently, products purchased directly[…]
NUMBER CRUNCHER! How to Compute FBA fees
- It goes without saying, anyone wishing to make considerable headway running an Amazon FBA business should know how to crunch some numbers. A seasoned seller should know how much is being spent on FBA expenses such as inbound shipping, taxes, prep fees, subscriptions, supplies etc… Most importantly, a seller must know the FBA fees that apply to each individual product. This will ensure that losses in selling a product can be avoided and profit forecasts stay accurate. The following software solutions will help you calculate and understand the fees associated with the product you are looking at prior to making[…]
4th Quarter Storm Reloaded: How to Prepare Effectively for the Most Profitable Quarter to Sell on Amazon Vol. 2
- Because Amazon is a constantly changing and highly competitive selling arena, it is very important for us FBA sellers to keep up with the latest news and trends on the selling platform so that we don’t miss out on profitable opportunities. Therefore, to make sure that we don’t leave any stone unturned when it comes to planning for Q4 this year, we here at FBA Library have curated some of the most recent instructional videos from the most prominent experts in the FBA game today that will really help you map out your entire Q4 strategy and prepare effectively for[…]
SURVIVAL OF THE FITTEST: Strategies to Use When Amazon Pounces on Your Listing
- Truth be told, selling on Amazon can be a cut throat competition. Not only do you have to go head to head with a multitude of other sellers, but you also have to take on the beast itself: Amazon. Competing with Amazon on their home turf and on their terms rarely works in the favor of an FBA seller, and those who try to play that game are almost always forced to sell product below cost. (It doesn't always have to end badly for the little guys if they play it smart) The safe bet is for FBA sellers to[…]