Explore our Seller Glossary, your go-to resource for essential terms and concepts in selling. Enhance your knowledge and boost your sales skills today! 📈
MOQ (Minimum Order Quantity) is the minimum number of units a supplier requires for an order. For Amazon sellers, understanding MOQ is vital for managing inventory, controlling costs, and optimizing profit margins while balancing investment and cash flow.
Return Processing Time is vital for Amazon sellers, impacting customer satisfaction and seller ratings. Efficient handling of returns ensures compliance with Amazon policies and minimizes losses, ultimately enhancing overall performance and customer loyalty.
The Product Authenticity Guarantee Program on Amazon boosts buyer confidence by ensuring products are genuine. This program helps sellers protect their brand reputation, reduce counterfeit risks, and enhance visibility, leading to increased sales and customer satisfaction.
An FBM SLA Breach occurs when sellers violate their Service Level Agreement by failing to meet shipping and fulfillment commitments. This can negatively affect seller metrics, account health, and visibility on Amazon, impacting overall business success.
An Inspection Report is vital for Amazon sellers, detailing product evaluations before shipment. It ensures compliance with quality standards, identifies defects, and helps minimize returns, enhancing customer satisfaction and overall selling success.
Global SKU Mapping is essential for Amazon sellers to manage SKUs across multiple marketplaces. This strategy ensures consistent product identification, streamlines inventory management, and enhances customer experience, leading to improved sales efficiency and brand visibility.
Tax Collection Services are essential for Amazon sellers to manage sales tax compliance effectively. By automating tax calculations and ensuring accurate remittance, sellers can streamline operations, reduce errors, and build customer trust while adhering to state regulations.
The Analytics Console on Amazon empowers sellers with vital insights into sales trends, customer behavior, and inventory management. By tracking advertising performance and conversion rates, sellers can optimize listings and enhance strategies for improved profitability.
The Inventory Movement Report is essential for Amazon sellers, providing insights into product sales, returns, and restocks. By analyzing this report, sellers can optimize stock levels, improve fulfillment strategies, and enhance profitability on the platform.
The Early Reviewer Program Legacy emphasizes the significance of initial customer reviews for Amazon sellers. By understanding its impact, sellers can adopt strategies like post-purchase follow-ups to enhance credibility and drive sales in a competitive market.
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