6 Tips to Stay Profitable with Increasing Amazon Fees and Supply Chain Costs
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6 Tips to Stay Profitable with Increasing Amazon Fees and Supply Chain Costs |
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Video From Orange Klik |
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This Video Uploaded At 31-01-2024 06:14:01 |
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In this video, our guests Yulia Blinova from Zignify and Piers Eveleigh from Getida share 6 profitability tips that every Amazon seller should implement to stay profitable in 2024.
The guests will cover manufacturing and logistics costs, what to keep in mind in 2024 as well as the Amazon fee increase taking place later this year.
👉 Let's meet in person at the upcoming European Seller Conference in Prague - an event for Amazon FBA sellers: https://eusecon.com/
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🎬 Other related videos:
▶️ Avoid These 8 Critical Mistakes Even Big Sellers Are Making!: https://youtu.be/Cm0sj6SrIts
▶️What Are the Common Struggles Amazon Sellers Have? Ways to Solve Them and Expert Tips! https://youtu.be/17MQJEfqJ8w
👉 Join the next European Seller Conference - an event for Amazon FBA sellers: https://eusecon.com/
👉 Find more discount coupon codes for Amazon software tools: https://oklik.co/coupons
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🔶 Topics covered in the video:
➤ 00:00 Tips for staying profitable on Amazon FBA
➤ 01:02 About our guests
➤ 05:25 Transportation costs
➤ 07:18 Inventory costs
➤ 09:34 Production costs
➤ 11:12 Supply chain disruptions
➤ 13:10 Regulatory compliance
➤ 14:13 Recommendations
➤ 19:47 How to find drip shippers?
➤ 21:21 Finding manufacturers in Mexico
➤ 23:49 Sourcing in India/Vietnam vs China
➤ 26:38 Reimbursements for lost shipments
➤ 31:16 Increasing Amazon fees
➤ 33:10 Summary of changes in fees
➤ 35:45 Placement fee
➤ 37:17 FBA fees
➤ 40:17 Useful resource - fulfillment fee calculator
➤ 41:13 3 profitability drivers
➤ 48:28 Are sellers aware of fee changes?
➤ 50:10 Event for sellers to stay up-to-date
➤ 52:37 Final tips
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🔶 About YULIA BLINOVA and ZIGNIFY
Yulia is the co-founder of Zignify Global Product Sourcing company, owns two product brands and is a holder of an MBA in Business Administration and Management. She is an international expert with over 17 years of experience living in China, Russia, Singapore, UK, Australia and Germany. An ex-manager director for Flixbus she possesses extensive knowledge in business & strategy development, project & team management, sales, sourcing, negotiations, and import/export.
With a team of over 40+ sourcing specialists, and growing, located in different parts of the world, Zignify source products not only in Asia like most, but WORLDWIDE! They find manufacturers for you, and optimize your product costs and supply chain.
👉 Learn more about Zignify: www.zignify.net
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🔶 About PIERS EVELEIGH and GETIDA
Piers Eveleigh is the EMEA Sales Director of GETIDA, one of the world’s fastest-growing e-commerce companies, auditing billions of dollars of Amazon transactions daily.
GETIDA’s mission and purpose is to help Amazon FBA sellers identify and manage financial discrepancies and get the maximum amount of money back for our clients. Before joining GETIDA, Piers worked on the M&A team at Thrasio where he reviewed 100’s of businesses looking to exit. He has been consulting business owners for 5+ years across a range of topics including Reimbursements, Taxes, Funding, and Growth Strategies.
👉 Get $400 in free FBA reimbursements by using a coupon code ORANGEKLIK when signing up for GETIDA: https://oklik.co/getida
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🔶 Video host - LISETT LEES
Lisett is an Amazon FBA Expert and Strategist who works with different brands helping them to stay on top of the Amazon game. She advises business owners on setting goals and managing the store, helps to create optimised product pages and use Seller Central tools to build the best customer experience for the buyers in order to get more sales for the sellers. Since she started out in 2016 as an Amazon virtual assistant, her mission has been to help businesses run their Amazon stores cost-and time efficiently.
👉 Learn more about Lisett and how she helps Amazon FBA businesses: http://lisettlees.com/
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🔶 About ORANGE KLIK
Orange Klik connects Amazon FBA private label sellers with leading industry experts to help you turn your online business into a massive success. No matter if you are a beginner, still figuring out how to make money online, or an advanced Amazon seller with a strong experience in eCommerce, on this channel you will find up-to-date tips and expert recommendations for sellers of all levels of experience.
👉 Learn more about what we do: https://orangeklik.com/
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