If you’re reading this article, chances are you’re one of thousands of Amazon sellers who are now required to carry insurance per the company’s new policy. And if you find yourself wondering if it really matters which provider you pick, we’re here to tell you that it does. Much like car insurance, product liability insurance…
OK, so this idea may sound crazy. You’re grinding away with a list as long as your arm, trying to cover all the parts in setting up a new business, and you’re being told to prepare it for sale?! Yes, this may be the last thing you would expect to hear right now in your…
If you’re an Amazon seller who has managed to skate by without product liability insurance, that may not be the case for much longer. Last month, Amazon announced a new policy requiring sellers who have made at least $10k in sales for any given month to carry product liability insurance. The new policy, which went…
The explosion of the e-commerce industry in recent years has given rise to a number of Amazon agencies that claim to help sellers grow their online businesses. But is there any merit to this claim? To find out, we spoke to Chris Yeakey, founder of Black Caiman Media, a full-service Amazon agency and consultancy. His…
With lots of money pouring into the Amazon FBA market, more and more sellers are thinking about selling their business. If you’re also eyeing your big payday, follow these steps for a hassle-free exit and to guarantee that your business fetches the highest possible selling price. 1. Get Your Trademark Registration, IP Rights, & Patents…
Every so often, a new tool comes along that revolutionizes the way we do business. Right now, that new tool is augmented reality (AR), and it is taking the retail industry by storm. “We are expecting a lot more businesses to utilize AR for their products and businesses—so much so that it will become more…
Right now in the e-commerce sphere, there’s something akin to a modern gold rush happening, and it’s being fueled by Amazon aggregators. “This is the largest movement you will see in the next two years,” said Steven Pope, founder of My Amazon Guy. “I’m very bullish. I believe we’re going to see massive amounts of…
You went into the e-commerce business with high hopes, and now here you are—flat broke with nothing to show for it. “You’ll make a ton of money!” they said. “It will be easy!” they said. “You’ll never have to work another 9–5 job in your life!” they vowed. And now it all feels like lies,…
Can you imagine overpaying on Amazon sales tax to the tune of $500,000? As crazy as it sounds, it actually happened. And we know because we were the ones who caught the mistake! This particular seller—who was NOT a tax client of ours during this time period—had fallen behind on their bookkeeping and hired us…
Did you know that 92.4% of consumers are more likely to purchase a product if they can read a credible review of it first? It’s statistics like these that illustrate just how important product reviews are. And yet, customer reviews are not easy to obtain—particularly for Amazon sellers. According to LandingCube.com, the average review rate…