Browsing: amazon tools

Joining the Amazon marketplace is easy, but breaking even is not always a smooth ride. The only way to effectively grow your business is to keep an eye on key metrics like your order defect rate, units ordered, unit session percentage rates, fulfillment rate, invoice defect rate, and return rate. These key metrics cannot be easily accessed, unlike basic product details like ASINs and BSRs. So, you have just two choices — ignore these metrics and lose money or do everything possible to access your most important business metrics. This is where Amazon analytics tools come in. With analytics tools,…

Amazon has been rated the world’s largest online marketplace in recent years. The platform boasts over 300 million customers, with 150 million Prime Members. They also have around 5 million sellers, of which 2 million sellers are active. But although selling online is a profitable business model, it comes with complexities just like every brick-and-mortar business. Thus, the need for effective Amazon seller tools that can help ease up the process has never been more important. Amazon seller tools are great resources for every seller who wants to build a long-term Amazon business. If you plan to earn substantially while…

If you had to rank online marketplaces in terms of popularity, which would come first? Without a doubt, it would be Amazon. As the world’s largest online marketplace, it has a global audience. However, starting a business on a popular platform does not guarantee great revenue, especially for sellers who would like to start a business on the platform. Still, do you know how much does Amazon make in a year? When it comes to the annual Amazon gross revenue, it’s in upwards of $400 billion. This number is so high that even if the site is competitive, many third-party sellers…

In today’s extra-competitive online selling space, it’s not easy to succeed right off the bat. You have to build years of experience and following before you can really make serious money. And even when you are already ahead of the pack, it is still hard to stay on top. Most of the sellers today often hire third-party companies to help them keep track of the best practices. And it’s also not unusual to see most of them using Amazon research tools to get ahead of the competition. But how do you determine the best tools on Amazon for your specific…