What Is a Good Net Profit Margin in eCommerce?
eCommerce profit margin measures how much money you make after subtracting your costs from your revenue. It’s calculated as a percentage and expressed as either gross or net profit margin. Your profit margin is a critical success metric for the business overall, but it can also be used to compare products and SKUs, make ordering […]
Amazon Seller Payment Schedules: Your Guide to Healthy Growth
In order to successfully manage your cash flow as an Amazon seller it’s crucial to have an answer to the question, ‘When does Amazon pay you?’. While they might seem obvious, Amazon seller payment schedules aren’t always crystal clear due to Amazon account level reserves, varying payments terms, and the payout schedules you qualify for […]
Do You Need an LLC to Sell on Amazon?
It’s a question that Amazon sellers often ask as their business gains momentum. Once you start building primary skills as a marketplace seller—product analysis, optimizing campaigns and listings, sales cycles and logistics—it’s time to start looking at yourself as a business owner instead of a side hustler. As a business owner, you need a business […]
Getting Started With Amazon Seller Accounting
Almost 2,000 new sellers enter the Amazon market every day. Due to the ease of using Amazon’s Fulfillment by Amazon (FBA) service, countless entrepreneurs set up new businesses through the world’s biggest e-commerce marketplace. However, while Amazon handles most of your order fulfillment, you must still handle your operating processes, which include the finances. Cash […]
Black Friday: A Perfect Opportunity to Fund Your Amazon Store
It’s the busiest time of the year for eCommerce businesses, especially Amazon sellers. Black Friday and Cyber Monday require heavy cash investment for inventory and PPC campaigns. If your Amazon business sells products in highly competitive spaces, the competition can deplete your cash reserves quickly. But as every Amazon seller knows, Cyber Monday is not […]
How to Monitor Amazon Ads: Keeping Campaigns Running in Hard Times
This article was updated in June 2024. When your eCommerce business sells on the world’s largest online marketplace, it’s important to understand how to monitor Amazon ads and adjust campaigns for maximum results. Successful Amazon advertising campaigns can drive clicks, sales, brand awareness, and reviews from your Amazon audience. This helps your product outrank competing […]
When To Switch From Personal To Small Business Bank Account
A small business bank account provides benefits that go above and beyond the demands of your everyday operations. Whether you have a simple freelancing business or a growingly complex eCommerce business, there are major advantages to opening a business account. Are you a small business owner who’s been using your bank account to handle your […]
5 eCommerce Expenses to Audit Before You Touch Marketing Campaigns
Lately, it feels like doom and gloom in the business news cycle. Pundits are predicting a recession. Consumers are tightening budgets. Corporations and retailers are projecting lower revenues. As a result, eCommerce businesses and online marketplace sellers are preparing for a bumpy ride. One of the places you may be considering cutting is marketing campaigns. […]
Five Features To Expect In A Business Bank Account For Small Business
As a small business owner, you must have the right bank account to help you manage your finances. Not all bank accounts are created equal, so it’s crucial to find one that offers the features you need. A business bank account for small businesses should provide at least these few features that help your small […]