top of page
Search

5 Things You Should Be Doing To Grow Your Amazon Business

  • Writer: AccrueMe
    AccrueMe
  • Aug 19, 2019
  • 2 min read

Updated: Dec 2, 2020


Grow Your Amazon Business
5 Things You ShouldBe Doing To Grow Your Amazon Business

Have you ever heard the quote; "In this world you're either growing or you're dying so get in motion and grow.

Any successful business owner will agree that continual cultivation is the key to successful growth!


Here are 5 things you should be continuing to do as you grow your Amazon business:


1.) 10 Before 10


When looking to beef up your supplier pool, or looking to make new relationships, our rule of thumb is to make 10 phone calls to suppliers before 10 am. By requiring yourself to do this daily, your business will quickly grow.


2.) Do More Than is Necessary


Building relationships with anyone is hard work. Suppliers are like the needle in a haystack. You'll have to contact so many just to find that one good one. However, the more you contact the higher the likelihood that you'll find the needle. It always pays to have as many good suppliers in your portfolio as you can. This gives you the flexibility to be selective when sourcing and negotiate better pricing.


3.) Prepare Your Inventory


Seasonal markets can affect what sells when, and how quickly. Be sure to plan for shipping times. You don't want to buy a product too close to its season and not be able to start selling because it's still in transit to the Amazon warehouse.


Ex: Buying school supplies at the beginning of August. People start buying school supplies to prepare for the upcoming year at the beginning/mid-August due to school starting in September. If you buy in August, by the time your products arrive at FBA and is cataloged, sorted, and ready to sell on Amazon, you might miss that initial rush of sales.


4.) Be Diversified


Always keep the wheels spinning. With a constant flow of inventory in transit, being cataloged and store in FBA, and selling on Amazon, the money will steadily flow through your business. This will allow you to have the ability to constantly grow as you consistently are able to buy inventory. Having your inventory spread across multiple categories will allow for multiple pillars of growth.


5.) Be Profitable


Keep an eye on Amazon fees to make sure you are making a profit. Research the buy box and best seller rank for every item you are looking at and calculate before you purchase.


To learn more about AccrueMe, the partnership model, and how to apply for Amazon funding, sign up here.


Ready to take things to the next level? Apply now and get pre-approved for Amazon funding from AccrueMe and double your capital.

 
 
 

1 Comment


unknownytube
Feb 19

Kaiser OTC benefits provide members with discounts on over-the-counter medications, vitamins, and health essentials, promoting better health management and cost-effective wellness solutions.


Obituaries near me help you find recent death notices, providing information about funeral services, memorials, and tributes for loved ones in your area.


is traveluro legit? Many users have had mixed experiences with the platform, so it's important to read reviews and verify deals before booking.

Like
  • S_Facebook
  • S_Instagram
  • S_Twitter
  • S_LinkedIn
  • S_YouTube

AccrueMe, LLC

1 Blue Hill Plaza Suite 1509

Pearl River, NY 10965

Click Above To Complete A 3-Minute Form For
An Instant Amazon Seller Funding Estimate

This is not an offer to invest, lend or otherwise provide capital. This website is for general informational purposes only. Any transactions with AccrueMe will require application, processing and underwriting in accordance with AccrueMe’s guidelines which are subject to change without notice. This website and the examples and tools provided are exclusively for the use of existing businesses and each business is responsible for evaluating the suitability of financing with AccrueMe in the context of its unique business situation. AcccrueMe makes no representation about future results and all transactions are governed by signed written agreements. Amazon's trademark is used under license from Amazon.com, Inc. or its affiliates. AccrueMe, LLC is not affiliated, associated, or endorsed by Amazon.com, Inc. We are an independent organization that refers to Amazon.com

© 2020-23 AccrueMe. All Rights Reserved.

bottom of page