Issue 96: Amazon account health tips + Subscription ideas
Hello, MyFBAPrep Sellers!
It’s a great time to brush on on your Amazon account health before the summer sales hit! Learn how to keep your account healthy, and how to capitalize on mobile commerce. Plus, we have a bonus article on subscription box ideas.
P.S. MyFBAPrep was #4 on The Financial Times Americas’ Fastest Growing Companies of 2024!
Amazon Account Health Tips
What impacts your seller account health rating?
- Performance targets
- Poor inventory management
- Slow fulfillment
- Incorrect/Defective product
- Negative reviews
- Chargebacks
- Amazon guidelines and policies
- Seller metrics
Learn what each of those factors mean and how to keep your account healthy.
Ensure fast, accurate fulfillment and take control of your inventory
Use MyFBAPrep to take control of your inventory, packaging, replenishment, quality checks, and more.
Mobile Commerce: The Future of Shopping Is in Your Pocket
What’s so great about mobile commerce?
- Unlocking new sales on your custom apps
- Greater brand visibility and user customization
- Seamless shopping and checkout
- One-click purchases and upsells
Learn how to leverage what’s new and on the horizon for mobile sales.
Start a Subscription Box Business: 15 Subscription Boxes to Create Today
Ready to start a subscription box business and enjoy all that recurring, predictable revenue? Here are a few ideas on where to start.
- Snacks
- Coffee
- Tea
- Art
- Crafts
- Pets
- Kids
- Baby products
- Books
- Wine, beer, or cocktails
- Food
- Plants
- Makeup
- Cleaning supplies
- Office supplies
Learn how subscriptions can drive reliable revenue.
Partner Spotlight 📣 Channel Key
Get a winning Amazon strategy and the resources to execute it.
Channel Key is an award-winning full-service Amazon marketplace consulting agency that has partnered with over 250+ brands ranging from SMBs to Enterprise companies. As a verified Amazon Partner, Channel Key helps brands unlock their marketplace potential by maximizing profitability and identifying growth opportunities on Amazon.
Each brand benefits from a team of Amazon experts and receives a customized Strategic Business Plan with defined KPIs that serve as a clear path to success.
Top Industry News
Amazon FBA Prep Services: How It Works & What to Look For (Helium 10)
FBA prep services are essential for sellers who want to ensure their products are stored, packed, and shipped efficiently without taking on the burden themselves. They eliminate the hassle of meeting Amazon’s detailed preparation standards so you can focus on scaling your business. Read to learn the ins and outs of FBA prep services, how they compare to in-house fulfillment, and key characteristics to look for in a potential provider.
10 Strategies for Long-Term Amazon FBA Success (SPCTEK)
Amazon commands nearly 40% of all online sales in the US, underlining its potential for businesses. Fulfillment by Amazon (FBA) is a game-changer for online sellers, offering a seamless platform for growth. Here are 10 key strategies to leverage FBA effectively.
FT Ranking: The Americas’ Fastest-Growing Companies 2024 (Financial Times)
MyFBAPrep announced this week that it has been named #4 on the annual Financial Times (FT) The Americas’ Fastest-Growing Companies 2024 list. The award showcases high-growth businesses in north, central and South America. This fifth annual list is based on revenue growth achieved between 2019 and 2022. MyFBAPrep grew 8,773% during that period, with a 346% compound annual growth rate.
E-commerce Startup ShipBob Seeks to Hire Banks for 2024 IPO -Sources (Reuters)
E-commerce logistics provider ShipBob is seeking to hire underwriters for a U.S. initial public offering (IPO) that could be launched this year, according to people familiar with the matter. The IPO could value ShipBob at as much as $4 billion.
Amazon Sellers Plagued by Surge in Scam Returns (Wall Street Journal)
Merchants receive dirty clothes and used soap instead of returned purchases, a sore point as they say Amazon’s policies remain tilted toward customers. Having a scam-free experience through Amazon is still not a sure thing. According to a report from the Wall Street Journal, sellers on the retail site have been “plagued by a surge in scam returns.” Apparently, vendors are getting junk items instead of original items when receiving returned packages. Statistics from the National Retail Federation show that 13.7% of Amazon returns for last year were fraudulent.
ShipBob Adds Maersk and ECU to its Inventory Distribution Programme (Medium)
ShipBob, a supply chain and fulfillment platform for SMB and mid-market e-commerce merchants, announced the addition of two new freight partners, Maersk and ECU Worldwide, to its end-to-end managed freight and inventory distribution programme, FreightBob. FreightBob allows merchants to get inventory into ShipBob’s global fulfillment network faster, more cost-effectively, and with greater precision and real-time visibility for better forecasting and inventory planning.
Technology Revolutionizing E-Commerce And Logistics (Entrepreneur)
In the dynamic landscape of modern commerce, the convergence of technology and business operations has sparked a revolution, particularly evident in the realms of e-commerce and logistics. As the digital age unfolds, technology stands as the cornerstone reshaping how businesses operate, consumers shop, and goods move across the globe.
Why Drop-Shipping is Still Profitable in 2024 (Fast Company)
Not too long ago, drop-shipping—the e-commerce model where sellers fulfill orders without owning or managing an inventory—was all the rage. But as with every technology and business model, the market became supersaturated and highly competitive, creating risks for many drop shippers. But with the rise of generative AI, some companies are now building AI-powered drop-shipping platforms that help users to automate drop-shipping processes, find sellable products, and quickly track their orders.
Cart.com Acquires Amify to Expand Amazon Marketplace Offerings (PYMNTS)
Unified commerce firm Cart.com has acquired Amify to expand its Amazon Marketplace services offering. Amify, which made a name for itself as the first “Amazon-as-a-service” company, provides merchants with Amazon optimization and advertising solutions. According to a Tuesday (April 2) news release, the acquisition will help meet rising demand from Cart.com’s roster of brands that need omnichannel software, services and logistics.
Until next time,
Rachel Andrea Go
Marketing Director, MyFBAPrep