Explore our Seller Glossary, your go-to resource for essential terms and concepts in selling. Enhance your knowledge and boost your sales skills today! 📈
Amazon Vendor Managed Inventory (VMI) empowers sellers to efficiently manage stock levels by automating replenishment based on real-time sales data. This strategy minimizes stockouts, enhances visibility into inventory performance, and improves customer satisfaction.
Price Elasticity measures how consumer demand changes with price adjustments. For Amazon sellers, understanding this concept is essential for setting competitive prices, maximizing sales, and effectively managing inventory and promotions.
The Amazon Return Rate Threshold is the maximum return percentage a seller can have without penalties. Exceeding this threshold can lead to account suspension. Sellers must optimize listings and enhance customer support to maintain a low return rate and ensure account health.
Amazon Multi-Channel Inventory enables sellers to efficiently manage stock across various platforms, preventing overselling and stockouts. This system enhances the customer experience and improves profitability by ensuring accurate inventory levels and streamlined operations.
PPC (Pay-Per-Click) is an essential advertising model for Amazon sellers, enabling them to promote products effectively. By paying for clicks, sellers enhance visibility, drive targeted traffic, and optimize campaigns using automatic and manual targeting for better ROI.
Valid Tracking Rate (VTR) is vital for Amazon sellers, measuring the percentage of shipments with valid tracking information. Maintaining a VTR of at least 95% is essential for account health, Buy Box eligibility, and enhancing customer satisfaction.
SKU Mapping is vital for Amazon sellers, enabling efficient inventory management and product tracking. By organizing Stock Keeping Units (SKUs) effectively, sellers can enhance product visibility, avoid stockouts, and optimize sales performance across Amazon marketplaces.
The Amazon Tax Interview Form is essential for sellers to provide necessary tax information, ensuring compliance with local laws. Accurate completion helps determine tax withholding rates, impacting profitability and maintaining smooth operations on the platform.
The Amazon Seller Fulfillment Network (SFN) streamlines order fulfillment for third-party sellers, enabling faster shipping and improved customer satisfaction. By utilizing Amazon’s logistics infrastructure, sellers can enhance operational efficiency and boost sales performance.
Amazon Listing Fixes are vital for enhancing product visibility and boosting sales. By optimizing key elements like titles, descriptions, and images, sellers can improve search rankings and conversion rates, ensuring compliance with Amazon’s policies for better account health.
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