How will you cope with the new Amazon fee changes, Reader? [Roundup]


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Hey Reader,

Aside from the usual increases, Amazon also introduced a new set of fees that will take effect this year.

While the spike in fees can mean more cost to sellers, there are a few loopholes you can use to reduce your seller fees and increase revenue.

Here’s how you can save on seller fees.

 

From the Blog

Understanding Amazon’s Low Price FBA Fees

The Low Price FBA fees program was introduced to allow sellers who ship items under $10 to reap the benefits of Amazon Prime delivery. But as it replaces Small and Light, the new program comes with a few cons that were not in the old one.

Your Guide to Amazon Brand Story

Just because a feature is available doesn’t necessarily mean you should use it. But the Amazon Brand Story feature is actually something that you should take advantage of because the pros definitely outweigh the cons.

 

From the Podcast

E537: How Going Into Retail Killed John Terry’s Business

It’s been three years since Mike last had John on the podcast to discuss the state of his brand. While his online keto bakery is no longer in business, this episode sheds light on the dangers of going into retail and trying to expand into selling in any big box retailer. 

E344: 7 Advanced Hacks for New and Experienced Amazon Sellers

As competition increases on Amazon each year, the notion is that you’ll need to try new tactics to stay ahead of the curb if you want to see any revenue. But is competition really a bad thing? This episode shares why that’s not always the case.

 

Maximize Revenue on Every Product

Every business wants to make as much money as they can from every product. But if you rely on traditional pricing strategies, you’re leaving a lot of money on the table.

If you want to stop the guesswork and figure out how you can make the most out of every product that you sell, Profasee can help.

By integrating with your Amazon storefront, you can forecast the optimal price for every kind of KPI automatically, which eventually leads to increased revenue.

Open your business to a future with better financial returns.

 

What You Missed on EcomCrew Premium

When you’re selling on Amazon, keeping tabs and understanding all the important metrics you need to measure sales, fees, inventory levels, and the efficacy of your ads can be a headache. 

In last week’s weekly mastermind session, Mike shared his secret Gorilla ROI sheet to all EcomCrew Premium members so that they can easily track inventory and sales volume all in one sheet. 

As part of the new perks of being a Premium member, we’re hosting weekly mastermind sessions every Wednesday at 10 AM (PST) to discuss any hurdles our members have selling on Amazon.

And even if you don’t have any questions, the sessions can still provide a lot of value each week since it also has a specific portion allocated to Mike sharing new hacks to succeed on Amazon.

Be there for next week’s mastermind session.

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