Explore our Seller Glossary, your go-to resource for essential terms and concepts in selling. Enhance your knowledge and boost your sales skills today! 📈
VAT Compliance is essential for Amazon sellers operating in regions with Value-Added Tax. It involves registering for VAT, collecting it from customers, and remitting it to tax authorities. Non-compliance can lead to penalties and account restrictions.
An Inventory Removal Order (IRO) allows Amazon sellers to efficiently manage stock by removing slow-moving or excess inventory from fulfillment centers. This process helps reduce storage fees and optimize product offerings, enhancing overall profitability.
Headline Search Ads (legacy) on Amazon are a powerful pay-per-click advertising tool that helps sellers increase visibility by placing their products at the top of search results. These ads enhance brand awareness and drive targeted traffic, making them essential for effective marketing strategies.
An Export Packing Slip is essential for Amazon sellers involved in international trade. It details shipment contents, ensuring compliance with customs regulations, facilitating smooth clearance, and enhancing customer trust and experience. Proper preparation aids in inventory management and tracking.
Dropshipping Seller Policies on Amazon outline essential guidelines for sellers using the dropshipping model. Compliance ensures sellers remain the seller of record, manage customer service, and avoid penalties, fostering a successful and sustainable business.
A Letter of Authorization (LoA) allows Amazon sellers to delegate authority to third parties for managing tasks like account operations and customer service. This ensures compliance and efficiency, enhancing overall business performance and customer satisfaction.
Order Defect Prevention (ODP) is essential for Amazon sellers to minimize negative impacts on customer experience and performance. By managing order defects like negative feedback and chargebacks, sellers can enhance account health, improve visibility, and drive sales.
Amazon Online Arbitrage allows sellers to buy products at lower prices from online retailers and resell them on Amazon for profit. This strategy capitalizes on price discrepancies and is ideal for beginners due to its low upfront investment requirements.
The Account Health Monitoring Tool is vital for Amazon sellers, providing real-time insights into key metrics like order defect rate and late shipment rate. Regular monitoring helps identify issues, ensuring compliance and improving overall account performance.
Auto Campaign Harvesting enables Amazon sellers to optimize their PPC campaigns by analyzing data from Automatic Campaigns. By identifying high-performing keywords, sellers can create targeted Manual Campaigns to boost visibility, improve conversion rates, and enhance ROI.
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