Proposition 65 For Amazon Sellers in 2023
ManageByStats Blog
by Marc Jepsen
1y ago
As a seller on Amazon, various laws and regulations govern your sales on the platform. One of those laws is Proposition 65, the Safe Drinking Water and Toxic Enforcement of 1986. Proposition 65 is a California law that requires businesses to warn consumers about potential exposure to harmful chemicals, especially chemicals that can cause cancer, birth defects, or reproductive harm. The California Attorney General’s Office enforces it.  If you sell products on Amazon and your products may be shipped to a buyer in California, you are subject to Prop 65.  Failing to comply with this law ..read more
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Amazon Accounting Mistakes that will Cost you Big Time
ManageByStats Blog
by Marc Jepsen
1y ago
Amazon accounting is known for being complex, time-consuming and stressful. Many people turn to bookkeepers and accountants to fulfil their tax obligations. There’s no reason to avoid taking control of your financial situation. You just need to make sure that you’re accurately accounting for everything so that you can focus on a high profit margin. This article will explain everything you need to know regarding Amazon accounting. It will also include the top three mistakes Amazon sellers make in tax preparation and how to correct them. So, let’s get started. Why is Amazon Business Accounting s ..read more
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4 Amazon Seller Mistakes You Can Avoid With The Right Mindset
ManageByStats Blog
by David McDaniel
1y ago
Are you thinking of selling on Amazon? Do you think you have what it takes to become successful at it? Let’s face it, selling is not easy, and many had given up on the idea of setting up an Amazon business before they even started.  While it may seem scary, a lot of people took the risk and dove right in without any preparation. But unfortunately, while many have been successful, there are some who failed. So, let’s get into the details of why some people fail and some helpful tips on how you can be successful on Amazon. Why Do People Fail On Amazon? Many people who failed on Amazon have ..read more
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Smart Notifications: Know Your Amazon Biz
ManageByStats Blog
by David McDaniel
1y ago
It’s not a stretch to say selling on Amazon puts you smack in the middle of the fastest-moving and most potentially lucrative retail business in the world. How do you keep up? Information drives decisions. Winning decisions, in turn, rely on that information being both timely and accurate. A good notification would, ideally, not simply alert you to the fact that a vital threshold has been crossed, but would: Tell you what contributed to the change. Give you some ideas as to how to fix it. A notification like that would be pretty smart, right? A New Era Of Awareness Just a few of the challeng ..read more
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Which Product Categories Could be Profitable in 2022?
ManageByStats Blog
by David McDaniel
1y ago
To build a successful ecommerce site, you need to sell the right products, market them correctly, and, of course, persevere! So, what should you sell? The popularity of certain product categories does change depending on trends, so it’s important to reevaluate your stock each year to remain in a profitable position. Image credit: Pixabay The pandemic showed just how quickly items can rise in demand. Buyers’ needs and interests need to be monitored consistently, and doing so will provide great insight as to which categories can help your ecommerce store grow. So, what could be a good choice ..read more
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5 Ways To Boost Customer Experience On Your eCommerce Website
ManageByStats Blog
by David McDaniel
1y ago
Following the Covid-19 epidemic, there was a significant increase in demand for an efficient, customer experience friendly eCommerce platform. Nowadays, some eCommerce platforms are even created as a centralized system to help business owners manage their companies. Therefore, maintaining and operating an eCommerce website is not always profitable if the business owners cannot satisfy their customers. Why is Customer Experience Important? Customer experience is characterized as the standard of communication between your business and its clients. Your e-commerce website visitors’ first impressi ..read more
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GTINs, U.P.C.s, and Amazon – Everything You Need to Know
ManageByStats Blog
by David McDaniel
1y ago
What is GS1 US? GS1 US is part of one of the largest identification and standards organizations in the world. Best known as the administrator of the U.P.C. barcode, GS1 US maintains and advocates for the use of a host of other data standards that support the supply chain. As a global, not-for-profit organization, GS1 US helps companies uniquely identify products, locations, and other assets and share information about them with trading partners and consumers in a consistent way. Additionally, the organization collaborates with a variety of industries to develop best practices for developing ef ..read more
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How To Grow Your Amazon Brand For A Successful Exit
ManageByStats Blog
by admin
1y ago
How To Grow Your Amazon Brand For A Successful Exit by Benitago (Multiple 8-figure native Amazon sellers, now acquiring other brands!) While not many entrepreneurs start a venture thinking about how to successfully exit it, planning your exit from your business should be among the things you think of when your business starts to take off. Doing so does not imply that you intend to sell your business in the future—it simply ensures that your business is ready for sale if you ever need to make that decision. The end goal of making sure your business is attractive to Amazon FBA aggregators ..read more
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How to Sell on Amazon
ManageByStats Blog
by David McDaniel
1y ago
AMAZON FBA When Amazon FBA came on the scene (Fulfilled By Amazon), it was a revelation for many Amazon Sellers. On September 19th, 2006, Amazon launched Fulfillment by Amazon. The new service gave small businesses the ability to use Amazon.com’s own order fulfillment and customer service infrastructure, as well as giving customers of Amazon.com more shipping offers when buying from 3rd-party sellers. It was a monumental moment in online selling history. Making It Easy — What is FBA? Items purchased on Amazon from third-party sellers are either fulfilled by the merchant (FBM) or by A ..read more
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How To Use Amazon Keyword Tools
ManageByStats Blog
by admin
1y ago
How To Use Amazon Keyword Tools It’s no secret keywords are “key” when it comes to online retail, and this is true times 2 on Amazon. Whereas coming up for keywords is what gets you found elsewhere, when someone searches on Amazon they’re there, in most every case, with a laser focus on the thing they came to buy. Keyword tools are what get you there. People go to Amazon with a specific item in mind to purchase, and they find that item using the keywords they believe best describe it.Keyword tools are therefore important for Amazon sellers. Keyword tools help you find, apply and monitor th ..read more
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