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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.
Partner Spotlight: Expert eCommerce Accounting and Financial Management
CronosNow offers comprehensive accounting and bookkeeping tailored specifically for eCommerce and CPG businesses, making complex financial management simple and effective. Their streamlined process starts with an in-depth discovery phase, enabling a custom setup that integrates seamlessly with platforms like Amazon, Shopify, and others through tools such as Xero and A2X. From inventory tracking and precise landed cost calculations to automated sales order processing, CronosNow optimizes every facet of financial management. This approach empowers businesses to stay compliant and scalable while providing accurate financial insights that drive smart, data-backed decisions.
Partner Spotlight: A Comprehensive Guide to Boost Sales with Email Marketing
In today’s competitive e-commerce landscape, effective marketing strategies are essential to staying ahead.Whether you specifically focus on Amazon or if you operate on Amazon as well as other platforms like Shopify, email marketing is an essential and powerful tool that can help you boost your sales, engage your audience, grow your business - and ultimately skyrocket your exit value when you eventually decide to sell
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.
Maximizing eCommerce Profitability: How SellerVue Optimizes Your Supply Chain and Costs
SellerVue is a supply chain management software tailored for eCommerce sellers. It streamlines purchase orders, tracks costs, manages shipments, and uncovers hidden expenses to boost profitability. By automating calculations and offering real-time insights, SellerVue empowers both sellers and accountants to optimize operations and drive business growth.
Bookkeepers Can Help Sellers Calculate Accurate Cost Per Unit.
As an Amazon seller, you are continuously looking to maximize your profits and gain a competitive edge in the ever-evolving e-commerce landscape. Because of this, you know that understanding your Cost of Goods Sold (COGS) is paramount. Calculating a precise cost per unit is an essential step in optimizing your profit margins. We’re going explore how bookkeepers can collaborate with Amazon sellers to achieve this crucial goal.