Categories
Blog

8 Best Amazon FBA Alternatives for Sellers in 2020

If you want to build a business online, Amazon FBA could be a great idea. With Amazon’s Fulfillment Service (Fulfillment by Amazon), you can focus on your entire marketing activities and let Amazon do the hard work for you.

FBA

However, you’ve to pay Amazon FBA fees if you go for Fulfillment by Amazon. And these fees may be too high for a new online seller who is just starting out. So what you may want to consider Amazon FBA alternatives.

If you want to know which fulfillment services are the best, you’ve come to the right place. Here is a list of eight fulfillment services that you can use instead of Amazon’s fulfillment service.

1. ShipBob

ShipBob is a new fulfillment service provider so perhaps you haven’t heard about it yet. In fact, ShipBob was founded 2014 and now has over 500 employees.

All in all, over 3,600 businesses use their fulfillment service.

One of ShipBob’s main benefits is that they fulfill various products such as:

  • beauty products
  • health products
  • clothing, shoes
  • accessories
  • consumer electronics
  • lots more…

What’s also great is that they have a minor annual order volume of only 1,800 orders.

So if you’re planning to start your own ecommerce business from home, it could be a great alternative to Fulfillment by Amazon.

2. ShipMonk

ShipMonk is also a newcomer in the industry. Yet, they have fulfillment centres all over the world. You can find them in the US, Europe, Russia, Asia and Australia.

And ShipMonk is suitable if you’re just beginning because there’s no minimum number of orders. If you get between 0 and 500 orders per month, you have to pay $2.5 per the first item per order. Extra items will cost you $0.5. If you have more orders, it’s much cheaper – that’s fair.

ShipMonk is planning a massive expansion over the next years so if you’re planning the same with your business, they could be the right partner for you.

Related:- How to Use Amazon Advertising Bulk Operations

3. FedEx Fulfillment

Everybody knows FedEx, it’s one of the world’s largest shipping service providers. But FedEx is not only a shipping service provider they also offer a fulfillment service for eCommerce companies.

The benefit is that FedEx is a reliable service — of course, they have 400,000 employees and they ship millions of packages every month.

Yet, the con is that FedEx requires a minimum order volume of 1,130,000 per year.

So if you want to go for FedEx, you’re ecommerce company needs a sustainable order volume each month

4. eFulfillment Service

eFulfillment Service is especially for people who claim that Fulfillment by Amazon is too expensive.

That’s because eFulfillment Service doesn’t have any setup fees, minimum order volumes or long-term storage fees.

Founded in 2001, they only have one mission until today: “To make order fulfillment affordable for every internet seller out there.”

So, if you’re looking for a fulfillment service provider at minimal cost, eFulfillment Service could be your best bet.

5. Shipwire

Shipwire is a fulfillment partner for global businesses. They have warehouses in the US, Europe, Asia, China and Australia.

They have over 2,800 customers and ship over 800 million products annually.

What’s interesting is that from all 800 million products shipped, 200 million are mobile devices.

What’s cool is that you can lower your shipping costs by choosing between different packaging options, routes and couriers. You can also choose your storage locations, calculate your fees or make use of insurance policies.

Related:- What’s Your Q4 Amazon Ad Strategy?

6. Fulfillment.com

Fulfillment.com is another popular alternative for Amazon sellers. They ship each year millions of B2C and B2B orders to more than 150 countries.

They are specialized in ecommerce fulfillment and you’ll need a minimum of 21,659 orders per year to use the service.

What’s great is that they have lots of integrations for all major ecommerce software.

Fulfillment.com is a good choice for a small ecommerce business with a decent amount of orders but not too much.

7. Rakuten Super Logistics

Rakuten Super Logistics guarantees 100% accuracy. They say that if an error occurs, they’ll do the fulfillment service free of charge.

They can also make a fulfillment within one day to 98% of the United States. All in all, they have 13 fulfillment centers in the US so they must be super flexible.

They also claim that they have awesome customer support. Rakuten Super Logistics guarantees a maximum response time of 3 hours.

Rakuten Super Logistics has established relationships with major shipping service providers such as DHL or UPS, so you’re in good company.

8. Ships-a-lot

Ships-a-lot has an awesome inventory accuracy of 99,8%. What’s also great is that they guarantee a 24-hour turnaround. If they can’t hold their promise, they compensate you with $20.

With a $35 fee per month, you’ll have unlimited storage space and services. You only have to place your order through their interface, and they will take care of the rest for you.

They also have integrations with all major ecommerce solutions such as Shopify, Amazon or Bigcommerce.

Final Thoughts

Fulfillment by Amazon is a great service. However, if it’s too expensive for your business or you fancy an alternative, you can opt for one of the fulfillment providers mentioned in this post to help you grow your Amazon business.

Categories
Blog

Shopify Dropshipping: The Complete Guide for 2020

If there’s one thing that most of us have lived through recently, it’s the experience of working from home! For many, this has happened entirely by accident due to COVID-19 restrictions and an extended period of lockdown.

What this almost certainly has done for lots of people is given them flexibility, new time-management skills and a work-life balance that they may not have ever been able to experience before.

shopify

There is no doubt that there is likely to be much ‘re-thinking’ going on as lockdown starts to ease and future paths are decided. The temptation to try a different route and embrace the flexibility of working from home will be strong!

With this in mind, starting an ecommerce business is likely to be an attractive proposition for some.

It’s a new challenge, offers that longed for work-life balance, facilitates time with family while simultaneously putting food on the table. What’s not to like? And there are options: eBayAmazonEtsy or Shopify.

Shopify dropshipping business is a popular choice right now. There’s no stock to store, no parcels to dispatch, allowing you to concentrate on marketing your products, making sales and focusing your valuable time and resources on growing your business. Sounds great, doesn’t it? But, it’s not a magic bullet, nor a get rich quick scheme.

You cannot expect a full bank account overnight, so it’s an excellent option to consider as a part-time venture initially. So, if you are considering starting an ecommerce business, why should you choose the popular Shopify dropshipping model?

What is Shopify?

First, a little about Shopify, a leading ecommerce platform that allows budding entrepreneurs to start their own online store, sell products and take payments. It’s pretty simple to use without any technical experience, and the support and tutorials provided are in-depth enough to help you should you get stuck when using any of their themes or apps – which are in abundance.

So, Shopify is a great place to start for anyone who wants to launch an online business but has very little skill.

What is Dropshipping?

Now let’s look at dropshipping. A storage and fulfilment service which allows small businesses to set up and manage with very little trouble. Perhaps most importantly, you won’t need to invest a large amount of capital upfront. This is because dropshipping allows you to sell products without having to stock them yourself.

Instead, products are stored by separate suppliers in several locations. It really is a simple as taking an order in your store from a customer, contacting the dropshipper you have chosen to work with and confirming that they will ship the order to your customer.

You won’t need to worry about over or under-stocking, as you’ll only ever order the necessary products to meet the requests from your customers. It really is that simple.

However, working with a reliable dropshipper is vital! Your reputation will depend on this as you won’t ever see the product before it is shipped to your customer.

Related: Jabra Elite 75t vs Sam­sung Galaxy Buds Plus

Why Use Shopify for Dropshipping?

So, now you are au-fait with Shopify and the dropshipping idea, what’s so great about the pair of them that they work so well together? Well, a Shopify store can be set up with little hassle, not least because it integrates so smoothly with the dropshipping model.

If you don’t have the resources to manage manufacturing, supply and fulfilment, then dropshipping with Shopify is a great option and is one of the simplest and most popular platforms you can use to create and run your store.

1. Shopify is Dropshipper Friendly

The dropshipping model is massively supported by Shopify, and so there are numerous solutions specifically created for dropshipping that seamlessly integrate with the platform. This makes things a whole lot easier for you when starting your business.

For example, Oberlo is a dropshipping app that works exclusively with Shopify. You can read more on this and other dropshipping apps later.

2. Shopify has a Host of Design Features

Shopify offers a vast range of features that allow you to actually create an ecommerce business rather than just a website, so it’s ideal for newbies! The online store builder is there for you to design your store and get all the aesthetics in place. You’ll be able to choose from a selection of free and paid design templates alongside other great features which make handling your sales, marketing and payments super simple.

3. Shopify is Simple to Use

The Shopify platform is one of the most user-friendly platforms available. Even though it’s features and functions are in abundance, it’s intuitive and not daunting. The tutorials are easy to follow, and these do a great job of explaining how to use the software, plus you can have multiple users, so as your store grows and you need more help, you can add new team members easily.

4. Shopify Does Not Require You to Overthink!

To get started, it’s as easy as having an idea of the products you would like to sell and pairing your thoughts with a dropshipping solution. Shopify provides all the tools you need to get set up and start selling.

Related: How to Fix Win­dows 10 Stuck in Air­plane Mode

What Products Can I Sell on Shopify?

This leads us nicely to the question of what you should sell. You must find your niche. With the dropshipping model, you will be selling physical products rather than digital products or services, so bear this in mind. Rather than having a massive range of products in different categories available, a niche store will be far easier for you to market and has the benefit of placing you as an expert in your niche.

Ultimately this increases trust, helps your reputation and drives sales. When you pick a niche, choose something that you’re passionate about. Not only will your passion filter through to your customers, but it will also make your job hugely enjoyable and keep your motivation high.

You should also choose a niche in which there is demand and profit to be made, so make sure you do plenty of keyword research and look at product trends. Think about the future, whether it’s a product or niche that’s sustainable and something that you will ultimately remain interested in. If you don’t consider this, it may be harder for you to make a success of your Shopify dropshipping store.

What Dropshippers Work With Shopify?

As mentioned, there are a range of dropshippers which integrate really seamlessly with Shopify, so let’s take a look at some of these to review your options. Here you’ll find the main five Shopify dropshippers, all of whom have their own benefits, and all integrate with Shopify smoothly. Typically, you’ll have the choice of free and paid options with each of these solutions.

Categories
Blog

5 Mistakes New Amazon Sellers Should Avoid

Amazon is a platform intended for you to build a successful business upon, selling premium products – preferably your own brands – with exceptional standards of customer service, and getting all those things right requires quite a steep learning curve.

Amazon Sellers

With this in mind, these are the top seven mistakes almost every new Amazon seller makes and how you can avoid them!

Stick to these rules and you will not only save yourself time, money and heartache but you will also achieve your goals much faster.

Related:- What is Collaboration Software and how to use them in your business

1. Don’t Try to Run Before You Can Walk

Of course, you want to get started! I get that. Your enthusiasm and motivation are at its peak when you’re getting a new business off the ground, but you simply must be realistic about what you can and can’t do. There’s no point in getting ahead of yourself and trying to create an empire when you haven’t listed a single product yet.

By all means dream – dreams are what motivates us – but in reality, every business must start small and grow. This is particularly true if your budget is tight. Know what you’re capable of, how far your knowledge and buying power goes, and start by taking baby steps.

Get your first product researched, sourced and listed – and most importantly actually start making sales before you start adding multiple products and trying to rival long established companies!

2. Don’t Be Unwilling to Invest the Money!

I’m not sure why, but for some reason, many people hold the belief that starting and building an online business takes absolutely no money and all they need is an internet connection to access great riches!

This is simply not the case for Amazon (or eBay) businesses or indeed any eCommerce venture. This type of business – just like any other – requires investment if you want to build a real, successful business.

There will be costs such as Amazon fees and there will also be variable costs, like marketing and so on. Most obviously you will need to invest in a stock, and whilst it’s possible to do so with less than £1000, I always recommend an initial investment of around £1500.

You’ll then need to reinvest your profits for as long as possible before you even contemplate taking any profit for yourself!

3. Don’t Pick the Wrong Product!

This sounds obvious of course but you would be surprised at the number of newbie sellers who totally underestimate their buying power. The issue happens because you make the mistake in choosing a product that you think is perfect, based only on its selling price of, let’s say £100 for example. That’s a decent amount and you want some of that action, so you’re feeling confident because you’ve got £1000 to spend on the stock…

Unfortunately, even though £1000 is a good investment, it’s not going to allow you to invest in a product that retails for £100. Depending on the product, you may be able to purchase a few units but that isn’t enough to be able to get the best deal from the manufacturer. It’s essential that you choose the right product for YOUR buying power. This is crucial and is vital to your success!

4. Don’t Try and Compete with the Lowest Price!

This is a recipe for disaster! The simple truth is that your buying power and sales volume won’t support this strategy! And anyway, why would you want to cheapen yourself and sell low priced products?

There will always be sellers on Amazon with rock-bottom prices who are simply turning money or using the product as a ‘loss-leader’. These businesses will have the buying power to purchase container loads of stock at a time giving them the best wholesale prices and lower shipping costs. There is no way you can compete with that – so don’t even try.

Instead, price for a decent profit, offer a free gift or incentive, provide fast dispatch and shipping and second to none customer service along with a quality product. Take a look and you’ll see that prices vary wildly on Amazon for the exact same products, so you do not have to be the cheapest seller!

Related:- How to Get More Views on Youtube: The Best Hacks

5. Don’t Expect Results Overnight

Building an online business takes time, effort and patience so don’t expect results like magic. Slow and steady is the way forward and whilst that may seem frustrating, persistence will pay off as long as you ensure you stay motivated, set goals, celebrate achievements and milestones – however small, and make progress every day.

The temptation to quit after a month – or even a year – will sometimes be great, particularly if you hit a hurdle or make a mistake, but actually, your biggest mistake – and ultimately your biggest regret – will be to throw in the towel.

It’s important that you understand you are in it for the long haul and quitting is the easy option, which leads nicely into mistake number six

Categories
Blog

What is Amazon TACoS Mean?

Amazon TACoS If you’re a third-party Amazon seller advertising on the marketplace then it’s essential that you measure how it performs. Sellers want to gain buyers’ attention affordably — so, if you’re spending a lot of money on advertising and not seeing much back in terms of extra sales, then you might want to stop or optimize it.

TACoS

In a study by Econsultancy, 77% of marketers agreed that the success of advertising should drive the level of budget allocated to it.

There are many ways to measure the success of Amazon advertising. This post will examine Amazon TACoS which has started to gain traction recently as a key performance metric.

Before we dive in any further, let’s start with the basic question.

Related:- In this February in the Palm Beaches

What Does Amazon TACoS Mean?

Amazon TACoS has nothing to do with Mexican food. Instead, it stands for the total advertising cost of sales. It measures your advertising spend relative to the total revenue generated.

The TACoS metric is growing in popularity across the eCommerce sector and gives you a snapshot of how your Amazon PPC ads are performing and directly affecting sales.

How to Calculate Your TACoS

To work out your TACoS, you divide your total advertising spend by your total sales revenue and then multiply it by 100.

TACoS = (Advertising Spend/Total Revenue) x 100

With this information, you can better decide how much your advertising is driving sales.

How to Identify If You Have a Good Amazon TACoS

Amazon sellers worry about how their Amazon ads are performing. If terms of TACoS, the lower the better,

  • A low TACoS rate means your advertising is generating steady sales and your brand is growing.
  • A high TACoS rate means your advertising is generally underperforming and needs to be optimized (new bids, new products or new keywords).

tacos1

     Example scenarios:

  1.   TACoS is flat or falling – Organic sales are increasing
  2.   TACoS rising – Organic sales are decreasing. Ad costs are increasing.
  3.   ACoS falling and TACoS rising – Organic sales are decreasing.
  4.   ACoS and TACoS both rising – Acceptable for new product promotion.

    Related: 6 World-Class Dive Spots in Palm Beaches

Final Thoughts

Amazon TACoS is a key performance metric which assesses the impact of advertising relative to Amazon sales. Calculating TACoS is crucial for any Amazon seller advertising on the platform.

Monitoring TACoS will give you a more comprehensive view of your overall business performance than your ACoS. It will also help you decide the long-term strategies for your Amazon business.