Are you looking to set up a new eCommerce business and wondering how to go about marketing your product or service? The key question here is how to get your…
When it comes to selling physical items online, your choice of products is the most important factor in your success. The size and weight of your goods is the…
Wholesale selling on Amazon is where the seller has existing relationships with manufacturers or distributors. The seller negotiates buying terms with the manufacturer or distributor and then resells the products on Amazon.
Earlier this year, the team at Prosper Show hosted a successful conference for Amazon FBA sellers looking to keep up to date with all that’s been happening in the world of online retail. Michael J. Fleming of Sales Tax and More, in particular, demonstrated an impressive grasp of the ever-changing sales tax laws in North America. He spoke about Nexus, what it means and how it can affect US sellers on an individual basis.
There are many tax advantages for high income Amazon FBA sellers in the United States. As accountants, it is our responsibility to make this as easy as possible for our customers. Here, we review the key points discussed by Jennifer Deroin and Bob Kemble during a recent speech they made at the Prosper Show 2018.
When you join Amazon as a seller, you get access to a world-renowned platform which drives over US$110B worth of sales (and these are just marketplace transactions!) every year. That said, competition on Amazon is stiff: approximately 2,975 sellers join Amazon every single day; regardless of which industry you’re in, chances are that there are plenty of other sellers fighting for a slice of the pie.
Avenues to the marketplace come in many forms - be it bricks and mortar retail, dropshipping, affiliates or selling online and using FBA for fulfilment. Each and every route to market comes with its own set of advantages and disadvantage, opportunities, threats, strengths and weaknesses.
To set the stage for everyone, “sales channel” is a generic term that refers to anyway to sell products on the internet. Channels break down into two very large categories - Marketplaces and Shopping Carts. Examples of marketplaces include Amazon, eBay, Walmart.com, Jet, and other places where sellers virtually assemble in one place to compete for customers. Shopping carts are curated experiences where the customer is buying from a single seller and might include custom websites, Shopify, BigCommerce, Magento, WooCommerce, or others.