Sorted by Tag: Amazon
Are Fulfillment by Amazon’s (FBA) Fees Worth the Cost?
(This post was last published on August 19th, 2019. We’ve updated it for accuracy and completeness.)
In 2019, Amazon reported that they delivered an estimated 3.5 billion packages globally. And, they expect to deliver 80% of their own packages by 2021.
In some ways, Amazon has been making more headlines for their renowned fulfillment network over the marketplace itself. They continue to innovate to ensure packages end up on doorsteps as quickly as possible.
As an Amazon seller, you might be asking yourself, “Should I be using FBA?”
This post explains how FBA works and what you need to consider before joining the program. Keep in mind, it’s not always the answer for everyone!
(more…)Amazon Lending and Amazon Lending Alternatives
Disclaimer: This guest post from Payability is meant to inform eCommerce businesses about different financing options. It is not intended to be financial advice. We always suggest that businesses do additional research before deciding on a financing option as there are countless other options available.
When you sell on Amazon, you have the ability to reach millions and millions of consumers. The exposure means you can make A LOT of money, but because of Amazon’s payment delay, you don’t actually get that money for at least two weeks.
It’s no surprise then that Amazon sellers often seek outside financing to help cover these cash flow gaps and make investments in inventory, marketing, and other growth areas.
As you may know from personal experience, getting financing from a bank is not ideal as an Amazon seller. After all, your financing needs are likely immediate — for example, if a supplier offers a flash sale on inventory, you’re going to need funds right away so you can take advantage. With banks, the application process alone can take several weeks. Not to mention, approval rates for small and online businesses are low.
Fortunately, there are other financing options to consider as an Amazon seller. Here, we break down Amazon Lending, Payability, and other alternatives so you can find a solution that will get you the cash you need, when you need it.
(more…)FinTech Solutions for eCommerce Businesses
(This is a guest post from our friends over at Payability, a finance company that helps marketplace sellers take control of their cash flow issues and finally grow their businesses.)
Financial technology (commonly referred to as fintech) has transformed the way we transact and manage money, creating a wealth of opportunity for eCommerce sellers, other types of small business owners, and even consumers.
With better access to business banking, financing, global currency exchange, and more, you can leverage fintech to save money, maximize ROIs, and grow your eCommerce business for the long-term.
In this post, we’re going to show you how.
(more…)Amazon Statistics: Need To Know Numbers about Amazon [Infographic]
(This post was last published on January 24, 2018. It has been updated for accuracy and completeness.)
Amazon.com is by far the most popular online retail site in the U.S. They continue to amaze us with the sheer volume of products sold and shipped as a marketplace. We complied Amazon’s latest statistics in one place so you can see how they continue to dominate. (more…)
What We’re Reading: Amazon, BOPIS, and DTC
This week we’re reading about consumers’ mixed feelings about Amazon, how to win at BOPIS, and why some DTC brands won’t sell on Amazon. Read the articles below!
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