Lytt til The Seller's Edge

Is your Amazon inventory a profit-draining headache? Get ready to transform your inventory strategy with expert Chelsea Cohen on The Seller's Edge! In this episode, Chelsea pulls back the curtain on the ever-changing world of Amazon inventory management, giving you the actionable insights you need to optimize your stock, avoid costly mistakes, and maximize your sales during peak seasons like Prime Day.   Chelsea breaks down the critical elements of "inventory-minded marketing," revealing how to align your marketing and inventory teams for seamless success. Learn how to accurately forecast demand for new products, balance the risks of understocking and overstocking, and leverage Amazon Warehousing & Distribution (AWD) as a strategic backup plan.   We'll also tackle the often-misunderstood Inventory Performance Index (IPI), separating fact from fiction and revealing the key metrics that truly impact your storage capacity and profitability. Plus, discover effective strategies for liquidating slow-moving inventory, freeing up cash and storage space before the Prime Day rush. Whether you're a seasoned Amazon FBA seller or just starting your e-commerce journey, this episode is packed with practical, real-world advice that you can implement today. Stop guessing and start optimizing – your Amazon inventory success starts here!   In this episode, you'll learn: * How to navigate the latest changes in Amazon's inventory policies * The dangers of overstocking and how to avoid them * Why "inventory-minded marketing" is essential for success * Effective demand forecasting techniques for new products * Strategies for balancing understocking and overstocking * The truth about the Inventory Performance Index (IPI) and how to improve it * Proven methods for liquidating slow-moving inventory About Our Guest: Chelsea Cohen is an Amazon inventory and FBA fees expert who co-founded SoStocked.com. With a proven track record helping hundreds of 7 and 8-figure sellers increase profitability through stockout avoidance and fee prevention, Chelsea is a recognized industry leader who has been featured at prestigious events including the Billion Dollar Sellers Summit, 7-Figure Sellers Summit, and Prosper Show.   SoStocked, developed with an emphasis on inventory-minded marketing, offers customizable forecasting, tracking, and management solutions that make inventory control both easier and more realistic for Amazon sellers.  Visit SoStocked website  [https://sostocked.com/] FOR A FREE-PROFIT AUDIT VISIT [https://Carbon6.io/SoStocked]   TIME STAMPS: [00:00] Introduction to Prime Day Inventory Prep [00:54] Current State of Inventory Management [02:47] Common Mistakes Sellers Make [05:30] Inventory-Minded Marketing [07:23] How Soon Should Sellers Plan Their Inventory [08:31] Demand Forecasting without Data [09:35] Overstocked vs. Understocked [10:46] Leveraging Buffer Stock [11:56] Inventory Performance Index Score [14:58] Liquidating Slow-Moving Inventory [16:10] Inventory Removals [18:54] Working Capital for Inventory Purchases [20:58] Planning for Supply Chain Disruptions [22:28] Managing Inventory After Prime Day [25:56] Best Inventory Management Tools [27:20] The Future of Inventory Management [30:18] Profit Forecasting [33:17] Recap and Closing Remarks #AmazonFBA #AmazonSeller #InventoryManagement #PrimeDay #Ecommerce #OnlineBusiness #FBA #OnlineRetail

Consumer behavior is changing at lightning speed, and staying ahead of the curve is crucial for survival. Join us as we sit down with Rose Hamilton, the founder of Compass Rose Ventures, a leading expert in helping brands scale and thrive by understanding the hearts and minds of today's consumers.   Rose pulls back the curtain on her latest consumer research, uncovering surprising trends around how people discover, evaluate, and purchase products online. Forget what you think you know about e-commerce – Rose reveals the new rules of the game:   * TikTok & ChatGPT are the New Search Engines: Discover how consumers are turning to these platforms for product discovery and recommendations. Is your brand optimized to be found? * Brand Loyalty is Officially Dead: Learn why discounts, samples, and subscriptions are key to winning over fickle customers in 2025. * Micro-Influencers Reign Supreme: Find out why authenticity is more important than ever, and how micro-influencers can drive real engagement and conversions. * Generational Divides: From Gen Z to Boomers, understand the unique shopping behaviors of each generation and tailor your marketing accordingly. * Post-Pandemic Priorities: How increased awareness of mental health is shifting consumer preferences and purchasing decisions. * Omnichannel is Essential: Why you need a presence on Amazon, your own website, and even Walmart to maximize visibility. * The Supply Chain Imperative: Don't let operational bottlenecks derail your growth. Learn how to optimize your supply chain to meet increasing demand.   Whether you're a seasoned Amazon seller, a budding e-commerce entrepreneur, or simply curious about the future of online shopping, this episode is packed with actionable insights to help you navigate the ever-changing world of consumer behavior. Tune in and discover the strategies you need to thrive in 2025 and beyond!   [00:00] Introduction to Rose Hamilton [00:49] Customer Listening Labs [02:37] Surprising Consumer Trends [06:27] Shifting Demographics [09:36] The Impact of the Pandemic [11:44] How Are Consumer Expectations Changing? [13:04] Alignment of Marketing & Supply Chain [15:19] Potential Challenges for Brands [18:57] Customer Loyalty Considerations [26:30] Consumer Values vs. Buying Habits [28:54] Smart Influencer Collaborations  [31:33] Unpredictable Demographics  [34:52] Development of 2-Way Content [38:21] What Should Sellers Prioritize? [41:43] Reactions to Artificial Intelligence [45:46] Recap and Closing Remarks   About Rose Hamilton: Rose has decades of experience optimizing high-profile brands and  is a recognizable contributor in the CPG industry. She is the founder of Compass Rose Ventures, where she and her team use a mix of qualitative 'listening labs' to help brands scale, turn around, and launch products that resonate with today's consumers.    Visit Compass Rose Ventures website: https://compassroseventures.com

The e-commerce world is being transformed by artificial intelligence, and Amazon is at the forefront with its new AI shopping assistant, RUFUS. In this episode of The Seller's Edge, host Jonathan sits down with Vanessa Hung, a leading Amazon expert, to explore the profound effect of AI on your Amazon business and consumer behavior.   Vanessa Hung brings years of experience in helping brands navigate the complexities of the Amazon marketplace, offering keen insights on how sellers can adapt and prosper in the age of AI. She goes in-depth on how audience targeting is becoming MORE important than traditional keywords and how to optimize your backend data to win the AI game.   Will RUFUS change the way people shop, or will it create new difficulties for small businesses? Vanessa and Jonathan dissect the potential hurdles for new sellers and the significant opportunities arising from personalized, AI-driven recommendations. Learn how to secure your Amazon business for the future, optimize your product listings for AI, and target the RIGHT customers using Amazon's powerful AI insights.   Key Discussion Points: * The Rise of AI in E-commerce: Understand how AI is reshaping product discovery and consumer behavior on Amazon. * Amazon RUFUS Deep Dive: Explore the features and potential effect of Amazon's new AI shopping assistant. * Audience Targeting vs. Keywords: Learn why audience-centric strategies are essential for success in the AI era. * Backend Optimization Secrets: Discover how to unlock hidden SEO potential and improve your product rankings. * Adapting to the Future: Get actionable strategies to adapt your marketing and sales approaches to the changing e-commerce world. * Social Media and Content: How is the rise of social media platforms impacting e-commerce sales? In this episode, you'll discover: * How to optimize your Amazon product listings for AI-powered search. * Strategies for targeting specific customer segments with personalized product recommendations. * The importance of backend optimization and how to leverage it for maximum visibility. * How to compete with established brands and new sellers in an AI-driven marketplace. * How AI is affecting Amazon advertising. Whether you're a seasoned Amazon FBA seller or just starting your e-commerce journey, this episode is packed with practical advice you can implement to stay ahead of the curve. Learn from Vanessa's expertise and gain a competitive advantage in online retail.   TIMESTAMPS:   [00:00] Opening and Introduction [00:57] What Impact Will AI Have on Sellers? [06:21] RufusS’s Consideration of New Sellers [12:21] AI Shopping Assistants [17:16] Importance of Backend Optimizations [24:58] Attributes that Rufus is Looking At [29:40] Sellers Need to Zoom In on Demographics [33:15] How to Optimize for Rufus [39:43] Having Answers for Customers is Essential [44:12] Prioritize Creating a Comprehensive Strategy [46:56] Recap and Closing Remarks

Are you an e-commerce or CPG business owner overwhelmed by dashboards but still struggling to make data-driven decisions? You're not alone! In this episode of the Seller's Edge Podcast, Jonathan sits down with Matt Putra, a fractional CFO specializing in helping e-commerce and CPG businesses scale, to challenge the obsession with complex dashboards and reveal the power of simple, effective scorecards. Key Takeaways: * The Dashboard Dilemma: Discover why traditional dashboards often fail to translate data into actionable steps and can lead to confusion and inaction. * The Scorecard Solution: Learn how scorecards simplify Key Performance Indicators (KPIs) and drive accountability across your entire organization. * Real-World Results: Hear compelling case studies of how scorecards have outperformed dashboards, leading to faster problem-solving and significant revenue gains for e-commerce and CPG businesses. * Alignment is Everything: Understand why organizational alignment is crucial for sustainable growth and how scorecards can foster collaboration and shared understanding across departments. * Multiple Sources of Truth: Learn how to manage having multiple sources of truth within your data. In this episode, Matt and Jonathan discuss: * Why companies are over-investing in dashboards and neglecting the power of scorecards. * How scorecards empower teams at all levels to make informed decisions. * Specific examples of KPIs (like Customer Acquisition Cost and Rate of Sale) that translate perfectly to scorecards. * The "crisis of confidence" that can arise from conflicting data sources and how to avoid it. * A real-life example of how the lack of a scorecard led to a $300,000 revenue loss for one e-commerce business due to a fulfillment center issue. * Tactics and methods to create a scorecard inside your organization. Featured Guest: Matt Putra is a fractional CFO who helps e-commerce and CPG businesses optimize their financial strategies and achieve sustainable growth. Learn more about Matt's work and access valuable resources on his website: https://eightx.co

Amazon sellers, are you ready to conquer 2025? In this can't-miss episode of The Seller's Edge, Destaney Wishon [https://www.linkedin.com/in/destaney-wishon/] of BTR Media [https://www.btrmedia.com/] shares actionable strategies for navigating Amazon's evolving marketplace. Learn how to leverage AI, optimize creative, and dominate your competition. Discover the power of Amazon Marketing Cloud (AMC) and get a sneak peek at Amazon's AI shopping assistant, Rufus! Follow Destaney on LinkedIn: https://www.linkedin.com/in/destaney-wishon/ Check out BTR Media: https://www.btrmedia.com/ Episode 28 of The Seller’s Edge - Destaney and Jonathan talk about:   * [00:00] Introduction * [00:57] General Thoughts on 2024 * [02:46] How Amazon Opened Up Analytics * [03:23] Retargeting with AMC * [04:46] What Made Brands Stand Out in 2024? * [06:04] The Power of Image Carousels & Video  * [08:55] Moving First and Learning Fast * [09:36] AI has Leveled the Field for Creatives * [11:48] Amazon will Roll Out Ads on Rufus * [13:56] The AMZ Platform is Changing Quickly * [14:48] Marketplace Mix * [16:39] Rise of TikTok Shop * [19:17] Specific Optimization Techniques * [20:36] The Path to Purchase is Never Linear * [23:38] Sellers Should Focus on These Strategies * [25:20] Search Query Performance Dashboard * [27:26] Excitement for 2025 * [29:01] “We are going to see increasing complexity…” * [32:45] Are keywords dead? * [35:22] Review of Actionable Insights * [36:31] Recap and Closing Remarks Key Takeaways: 1. Focus on Quality & Differentiation: Ensure your products are high-quality, your listings are optimized, and your brand stands out from the competition. 2. Embrace Creative Assets: Explore AI tools to generate visually appealing product images and videos for your listings and ad campaigns. Update your headline ads with seasonal creative elements. 3. Leverage AMZ’s Analytics Tools: Utilize Amazon analytics tools like AMC, the Search Query Performance dashboard, and more to gain insights into customer behavior and optimize advertising campaigns. 4. Be Agile and Reactive: Stay informed about emerging trends and algorithm updates, and be prepared to quickly adjust your strategies to take advantage of new opportunities. 5. Explore AI Integration: Explore different AI tools for use within your business, from keyword research to ad copy and image generation.