This is a guest post from Riverbend Consulting. Interest rates hit their highest level in 22 years this past week. Inflation, and the economy in general, is swirling with uncertainty. What are e-commerce businesses and Amazon sellers to do? While your individual business can’t singlehandedly boost the gross domestic product (GDP) or decrease the Federal…
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…
You’ve found a great product, done all the research, determined that you have a hot seller with little or no competition, and finally sent in your order. As your inventory begins to land in Amazon’s warehouses, you start to notice something peculiar…your inventory isn’t selling, and competitors are dropping their prices precipitously. Just a few…
If you run an e-commerce business, you have the opportunity to sell to anyone anywhere in the world! And yet, despite this tremendous advantage, many online sellers steer away from the global market due to the complex nature of foreign transactions and all the fees that come with it. But what if we told you…
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…
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…
FOMO. If you haven’t seen the acronym before, it stands for “fear of missing out.” And when it comes to e-commerce, every brick and mortar store should have FOMO. That’s because, as the latest statistics show, e-commerce accounts for approximately 18% of all retail sales worldwide. In other words, if you operate a brick…
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…
As you probably know by now, Amazon FBA training courses are not cheap—which is why it’s wise to do your research before investing in one. But with so many Amazon FBA training courses available, how can you tell which ones are truly worth your time and money and which ones aren’t? That’s the question…
There has never been a more exciting time in history to be an entrepreneur. There are tons of channels out there that give the savvy businessperson opportunities to create freedom in their life and work through trading. The Amazon platform, synonymous with online shopping, is one of the best avenues of trade for the budding…