Tag: Ecommerce

Habits Lead to Success: Profit is a Habit

It’s that time of year. You’ve been working like crazy to take advantage of Q4. I’m seeing lots of talk in the forums about changes in Amazon and algorithm changes, etc., which may feel a bit overwhelming. Add to that, the holidays, bringing additional fun (and pressure) to make the experience special for your family. […]

Temptation – Can I Borrow from My Own Accounts for Inventory?

Guest Post by Cyndi Thomason of bookskeep Recently, I was contacted by an ecommerce seller who had read my book and implemented Profit First. They wanted my opinion about using their Sales Tax and/or Profit Account for purchasing inventory in preparation for Q4. They pointed out that it is cheaper to use this money that […]

Know Your Numbers: Gross Profit Margin

Guest Post by Cyndi Thomason of bookskeep As business owners, we often concentrate on our top line sales number. We use this number as a measuring stick of sorts for how well our business is doing; how successful we are. As a member of several seller Facebook groups, I see it is a point of […]

American Spending Habits

As we near the 243rd anniversary of America’s independence from Britain on July 4th, we thought it only made sense to look at the spending habits of Americans. Understanding where and how Americans are spending their money might help you see higher selling potential and profit! Who IS the American Consumer? To understand how Americans […]

Checklist For New FBA Sellers

There are currently over 5 million sellers across all Amazon marketplaces worldwide, and you may already be one of them! But if you’re new to Amazon or just thinking about diving into the world of FBA selling, you may be asking yourself: how do I get started? We’re here to provide you with a checklist […]

Managing Stress For Success

Most of us have likely heard the phrase “fight or flight”, also known as acute stress response. The phrase was coined by psychologist Walter Bradford Cannon in the early part of the 20th century to describe a physiological reaction that occurs in response to a perceived harmful event, attack, or threat to survival. While it’s […]

The Rise of Women Entrepreneurs

If someone asked you to guess the percentage of women entrepreneurs in the United States less than fifty years ago, what would you estimate? Thirty percent? Twenty percent? Ten? Try 4.6%. That’s right, in 1972 women only owned 406,000 businesses in this country. That may seem like a lot, but when you consider that there […]

Spring Ahead to Summer Selling

Depending on where you live, it might not exactly look like spring outside. Maybe you see snow, rain, or (if you’re lucky) some sunshine. Or maybe you see a little bit of everything right now! As fickle as March can be, though, the truth is that spring has indeed officially sprung. But if you’re an […]