Oct '24 • MVP Feedback
9 Areas Where You MAY BE Secretly Losing Money
Amazon businesses can be like a BLACKHOLE for your money in your business if you are not aware of this. We refer to this as a "leaking tap" in your business. You have to prevent waste where you can.
Another way of seeing this is like attempting to fill a bath tun with water and there are cracks in the bath. Water is going to be lost. Like your money, it's going to be lost unless we have systems in place for everything (first step monitoring)
Here are 9 of these areas below:
- Unfulfillable Products (Warehouse Damaged / Distributor Damaged Items)
- Stranded Inventory
- Shipment Reconciles (Video Evidence & Documentation)
- Inventory Adjustments
- Inventory Health / Age (Storage / Clearance)
- Replenishing & Quantities Purchased
- Maximise Purchasing Via Cashback, Credit Bonuses
- Inventory At Minimum / Maximum (Repricer Set Up)
- VAT Set Up & Refund
In the video below, I explain more in detail and what you can do about it to prevent from happening 🫡
Hope this helps. 🙂
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9 Areas Where You MAY BE Secretly Losing Money
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