Explore our Seller Glossary, your go-to resource for essential terms and concepts in selling. Enhance your knowledge and boost your sales skills today! 📈
Storage fees on Amazon are monthly costs for storing inventory in fulfillment centers, varying by season and volume. Effective management of these fees is essential for profitability, requiring sellers to optimize inventory levels and utilize the Inventory Performance Index (IPI) for better decision-making.
The Inventory Performance Index (IPI) is essential for Amazon sellers, reflecting inventory management efficiency. A higher IPI score leads to better stock levels, increased sales, and improved visibility, while a low score risks storage limits and penalties. Regular monitoring is key.
A GTIN Exemption Strategy allows Amazon sellers to list products without a Global Trade Item Number (GTIN), benefiting those with unique or handmade items. This approach reduces costs and streamlines product launches while ensuring compliance with Amazon’s policies.
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.
Restock Limits are the maximum inventory quantities Amazon sellers can send to fulfillment centers, influenced by account performance and sales history. Managing these limits is essential to avoid stockouts and ensure optimal sales and cash flow.
Title Optimization on Amazon is essential for enhancing product visibility and attracting buyers. By incorporating relevant keywords and clearly conveying key features, sellers can improve search rankings and increase click-through rates, driving more sales.
ASIN (Amazon Standard Identification Number) is a unique 10-character identifier for products on Amazon, crucial for inventory management and product tracking. It enhances visibility and allows multiple sellers to list the same product, streamlining the shopping experience.
The FBA Shipments Tracker is essential for Amazon sellers using Fulfillment by Amazon. It provides real-time updates on shipment statuses, helping sellers manage inventory effectively, minimize stockouts, and enhance overall sales performance.
Global Inventory View in Amazon Seller Central enables sellers to efficiently manage inventory across multiple marketplaces. This feature enhances stock visibility, reduces stockouts, and improves customer satisfaction, driving growth and profitability for international sellers.
Financial Event Reconciliation is vital for Amazon sellers, ensuring accurate matching of transactions with bank statements. This process helps identify discrepancies, supports cash flow management, and enhances account health, leading to improved profitability and compliance.
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