On The Blog
“If you don’t understand the details of your business you are going to fail.”
— Jeff Bezos, Amazon Founder
If your Amazon business is loss-making it’s hardly ever due to incorrectly priced products. The biggest impact is usually due to lost, damaged or...
Deciding how much inventory to purchase is a constant challenge for Amazon sellers. A deal can look good one minute and tank the next leaving you overstocked. A product can take off suddenly leaving you scrambling to restock. And seasonal stock which is hot for just a moment must be timed...
Next to bad sales, poor inventory management has led to the failure of many Amazon sellers.
In our business of constantly moving products, high costs, and low margins - units regularly lost here and there add up to huge dents in your profits.
So you need to be quite ocd about tracking lost units...
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