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Showing posts from January, 2023

AMAZON DROPSHIPPING

  Amazon Drop Shipping Some useful words to remember: FBA> Fulfillment by Amazon> Amazon Ships the products/items to customers FBM> Fulfillment by Merchant> If an inventory is kept at one’s own warehouse, it is FBM. PL > Private Label WS> Whole Sale> where one can sell other’s products with the permission of that seller, it is done via FBA. ASIN>  Amazon Standard Identification Number ( amazon product code) ODR> Order Defect Ratio (Negative Feedbacks + A to Z claims + Charged Back Claims) VTR>  Valid Tracking Ratio ( Amazon ignore only 2.5 %  or fewer Order Defects UPC> Universal Product Code.                  Keep in mind the profit of 30% to 50% is sufficient      Amazon New Seller Account is get paid in 15 days (approx.)      Amazon deducts Commission+ Referral Charges+ withheld some amount because the purchaser may claim a refund.  ...