Sunday, October 13, 2019
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Why I Love The Best Offer Feature On Ebay

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Ebay Best Offer - TaughtToProfit

It seems that a few times a month someone on eBay uses the Best Offer feature in a unique way on our listings. They will offer MORE than the Buy It Now price. Yes, you read that right, they are making an offer for a higher price than we are selling the item for!

We don’t want them to be dissatisfied, so we gladly accept their offer to make a little extra profit. It is one of the benefits of using the Best Offer feature for your eBay listings. You may wonder why we did not just make a counteroffer to the buyer for the price we were originally asking? Amazingly we have done this before when someone offered more than the selling price and the buyer got angry that we did not accept their higher-priced offer! The only thing I can guess is that they either realize they offered too much, become embarrassed, and then take it out on the seller, or perhaps they take offense to their bartering being rejected. I do not pretend to understand what some buyers are thinking, and our new policy is to just accept fair best offers and move on.

Ebay’s Best Offer feature also has the side benefit of letting you test the market for an item. If you keep getting offers for around the same amount then you may be priced too high and the common offer price may be a more suitable price to sell at.

Sony, Nikon, and Microsoft Products Now Require Approval On Amazon?

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Sony And Nikon Restricted Gated On Amazon

The big news of the day today in the reseller community was that Amazon has now restricted sellers from selling Sony, Nikon, and Microsoft products without invoices proving the purchase of large quantities or authorization from Sony, Nikon, and/or Microsoft to be an authorized reseller. This does not seem to cover all products as some very old Sony products like PlayStation 1 games, for example, seem to still allow third-party merchants to sell them.

The news has had many people panicking and talking about how they are going to lose most of their business and other doomsday scenarios. In any trial, we should look for the opportunity. Instead of giving up, cursing Amazon, or whining about how “unfair” this change is, we should have already prepared for any such problems and have backup plans in place.

The most obvious backup plan in such a situation is eBay. Instead of spending time complaining about the new rule, take the time to list your Sony, Nikon, or Microsoft products on eBay. Many people have become so spoiled to the ease of listing and selling through Amazon’s FBA service that they completely overlook the eager buyers on eBay. This restriction on Amazon opens up great opportunities for wise sellers to both sell their items on eBay for a better profit AND to be able to find good deals on Sony, Nikon, and Microsoft products that panicky Amazon sellers are flooding onto eBay with little regard for creating a good title and well-worded listing.

In times of trouble the successful person just finds more success. Do not let unsuccessful and negative people drag you down into their failure. Find the opportunity this situation opens to you and move on it immediately! You will be the one doing even better next month while other sellers are still complaining about the change on Amazon or are quitting altogether.

Make Sure To Have Suffocation Warning On All Poly Bags

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Suffocation Warning Required For Amazon
Suffocation Warning Required For Amazon - *Not Cats Were Hurt In The Making Of This Picture

According to PlasticsIndustry.com:

“Several states, including California, Massachusetts, New York, Rhode Island, and
Virginia, have laws that require suffocation warning labels for plastic bags. In addition, two
major cities, Chicago, IL and New York, NY have adopted ordinances requiring similar warning
labels for plastic bags. At least a dozen other smaller cities or towns have similar laws requiring
suffocation warning labels for plastic bags.1 Canada has also implemented comparable warning
requirements.”

-From https://www.plasticsindustry.org/files/industry/Plastic%20Bag%20Warning%20Label%20Requirements%202012-12-04%20pdf.pdf

More and more cities and states are requiring this suffocation warning be on all bags and it will likely eventually become another federal regulation. Due to this, Amazon requires all bags with an opening of 5 inches or more to have a suffocation warning on the bag. This can be either by a suffocation warning label or by having it pre-printed on the poly bag. Here are the exact requirements Amazon has for the suffocation warning that must be on the poly bags:

Poly bags used to protect Units must meet the following requirements:

  • Poly bags with a 5″ opening or larger (measured when flat) are required to have a suffocation warning, either printed on the bag itself, or attached as a label.
    • For example: “WARNING: To avoid danger of suffocation, keep this plastic bag away from babies and children. Do not use this bag in cribs, beds, carriages or play pens. This bag is not a toy.”
    • The warning should be printed or placed in a prominent location and in a legible font size for the size of the bag.
    • Print size of this warning should conform to the following table:
      Total Length plus Width of Bag Minimum Print Size
      60 inches or more 24 point
      40 to 59 inches 18 point
      30 to 39 inches 14 point
      less than 29 inches 10 point

-From http://www.amazon.com/gp/help/customer/display.html/?nodeId=200243250#poly

If you do not abide by these rules you could have problems selling on Amazon, including account suspension. If you received a customer complaint for not having a suffocation warning notice on the bag you could face the termination of your selling privileges. This is a simple rule to follow and there is no excuse to not follow it. The suffocation warning labels are not even a penny a label, so it is not even a burden financially to put the warning on any bag you use.

Beyond Amazon, I would suggest all eBay sellers put suffocation warning labels or use poly bags that have the warning pre-printed on them to avoid potential issues in the future. It is extremely inexpensive to do so, and makes sense to stay ahead of the rules and always ensure the best customer experience, regardless of the marketplace you are selling on.

*Sunny The Cat was not harmed in the making of this article’s featured image. 🙂

Amazon FBA – Remove Meltables By May 1st Or Lose Them

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Amazon FBA Meltables Warning - TaughtToProfit.com

Amazon sent the following email today to sellers.

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Hello from Fulfillment by Amazon.

As a reminder, meltable inventory such as chocolates must be removed from Amazon fulfillment centers by May 1, 2016. If you haven’t done so already, you can create a removal order to have your unsold meltable inventory returned to you or disposed of.

You will not be charged a return or disposal fee for removal orders placed between now and April 30, 2016, as part of our Free Removals Promotion. For more information on the promotion, refer to:
https://sellercentral.amazon.com/gp/help/202023340

To create a removal order, please visit:
https://sellercentral.amazon.com/gp/help/201436560

For more information regarding FBA temperature-sensitive products, please visit:
https://sellercentral.amazon.com/gp/help/201003420

Thank you for selling on Amazon.

Sincerely,
The Fulfillment by Amazon Team

Newbie Help – Simple and Effective Tips for Selling on Amazon FBA

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Amazon Newbie Help - TaughtToProfit.com

You already know that Amazon is the world’s largest online retailer. What you may not know is that Amazon is a large online marketplace that connects buyers to sellers. Over 33 percent of the items sold on Amazon are sold by third-party sellers, and not Amazon directly.

What Is Amazon FBA?

FBA means Fulfillment by Amazon. When you register as a seller on Amazon FBA, you will be required to send your entire merchandise to the nearest Amazon Fulfillment Center(s). Your items go live on Amazon and if a customer buys them then Amazon ships the items to your customer, handles the customer service, and handles any returns and/or refunds.

Many sellers on Amazon have experienced a significant surge in sales since switching to Amazon FBA. It is estimated that over 65% of buyers on Amazon will not buy a merchant-fulfilled product, and will pay a higher price to get it from Amazon (or an Amazon FBA seller). With many millions of buyers using Amazon Prime, many would rather pay more for the great experience, free Prime shipping, and free returns that Amazon offers Prime members. While fees on FBA are higher than a merchant fulfilled service (where the seller handles the shipping, customer support and other responsibilities), the potential for sales and profit is a lot higher.

Amazon completely handles the shipping of your items when they sell via FBA. When you join Amazon FBA, you will have more time left for product research and sourcing, and other essential tasks, and don’t have to worry about the shipping.

Simple and Effective Tips for Selling on Amazon FBA

Tip #1: Register as a professional seller on Amazon, not as an individual seller – As a professional seller, you will not be charged the extra 99¢ per sale, in addition to the 15% sales commission, like individual sellers are. So the more you sell, the more you will save on fees. As a professional seller you can create listings for products that are not sold on Amazon and create product bundles as well.

Tip #2: You should have a reasonable start-up capital – It takes money to make money on Amazon. You will need a little start-up capital to get started. You will need this money for the supplies and inventory. Do not let this deter you since many have started with a paltry $50-100 and built up to over $100,000 in sales in their first year!

Tip #3: Persist through the hard times – It is not going to be easy in the beginning. You will probably lose money initially, or make a small profit at best. The learning curve can be steep on Amazon. The profits will come with experience and a lot of hard work. Never give up and you will find success!

Tip #4: Know the rules – Amazon has lots of rules and regulations and it is vitally important that you read up their Terms of Service. Make a note of Amazon’s policies related to your activities on the site. Do not just presume that your way is the way Amazon would want something done. Amazon’s Condition Guidelines, for example, are very different than most sellers would rate items, especially if they are coming from a background selling on eBay. Read Ryan’s article titled “Amazon Condition Guidelines – Most Sellers Get This Wrong” for more information.

Tip #5: Be responsive to customers – Be sure to answer any queries from customers within 24 hours, otherwise that failure to respond promptly will count as a demerit against your account. Set up your account so that all questions are sent to your email, and check it regularly.

Tip #6: Be accurate with the product description – You cannot afford to make any mistakes with the product description. If there are any discrepancies, this can lead to negative feedback, returns and possibly the suspension or removal of your Amazon selling privileges.

Tip #7: Bundle multiple packs – It is very hard to compete on Amazon with single-item sales alone. So to set yourself apart from other sellers by selling your items as bundles and multi-packs. While it is a little more work, this will pay off in the long run.

Tip #7: Use large images and stick to Amazon’s image guidelines – Amazon requires all images to be a minimum of 1006 pixels. There are other rules to be followed with the images. For example, the product should be displayed on a plain white background, so consider a service like FotoFuze to make your images perfect.

Tip #8: Ask for product reviews – If you have listed your own unique product, multi-pack, or bundle and a buyer leaves a feedback saying that they like the product, send them an email to thank them for the feedback and request them to leave a review for the product. Positive reviews can boost your sales by at least 40% on Amazon.

Tip #9: Do your best to remove negative feedback – If you get a negative or neutral feedback, email the customer immediately and offer a sincere apology. Request them to remove the feedback and explain how and why the mistake was made. In most cases, customers remove a negative if convinced about your sincerity. Also consider that you may be able to get the feedback removed automatically upon requesting it be removed from Amazon, read more about that here. If you are serious about success then consider a service to help you get 1000% more positive feedback left for you than average like the one discussed here.

Finally…

Maintain the highest standards for your inventory, how you rate the condition of the items you ship to Amazon FBA, and how you treat your customer. Amazon wants the customer to have the best possible experience, and if anything about how you are selling would contribute to a poor user experience then Amazon could suspend or permanently remove your selling privileges. Be professional, treat your customer right, and Amazon will reward you with great success!

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