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Ecommerce
Ecommerce
Open the Box: Why Profit, Not Just Revenue, Fuels Real Growth
Profit is like that unopened box sitting on your desk. You know the one. It’s gathering dust because every time you think about cracking it open, you’re reminded of the endless rabbit hole of to-dos waiting inside—inventory management, cost calculations, taxes, supply chain inefficiencies, and all that left-brain, analytical stuff.
Boosting eCommerce Sellers’ Profit Margins with SellerVue
Running a successful eCommerce business on Amazon can be challenging. There are many moving parts, and keeping costs low while generating profits is crucial. That’s where SellerVue comes in. We specialize in helping Amazon sellers optimize their Cost of Goods Sold (COGS) and implement precise profit recovery strategies to improve profit margins.
How to Calculate Your True Cost Per Unit to Uncover Hidden Profits
In the world of Amazon FBA, understanding your true cost per unit (CPU) is an essential element of running a successful e-commerce business. Many sellers, however, tend to overlook important components when calculating this crucial metric, resulting in hidden profit leaks. In this blog, we will walk you through the steps to accurately calculate your Amazon FBA cost per unit, including landed costs, pick and pack fees, and other variables that are often neglected. By mastering the art of COGS (Cost of Goods Sold) accounting, you can identify these hidden profit leaks and boost your profitability.
Understanding Costs: How a Seller almost missed a winner!
We all know there’s not much you can do to get around fees. The only way that you can maybe manipulate the fees is if you charge more for your product. But then as a percentage, your fees will go down, but you could outprice yourself to competitors.
SKU-By-SKU Profitability: How to calculate it.
Many Amazon Sellers make the grave mistake of focusing so much on increasing revenue that they end up losing money. Product Landed Cost data mismanagement, Amazon’s high fulfilment fees, or high advertising costs can put you out of business even if you’re exceeding your revenue goals. A good way to think of your biggest expenses is as profit dials. The more you ‘turn down’ costs, the more your margins go ‘up’. Of course, you cannot just turn off advertising or stop paying Amazon FBA costs or neglect to reorder Products. But what you can do is maximise each product to net the highest margin possible.And, to do that, you need to know your numbers – With one of these metrics being the most difficult to calculate.
