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New Newsletter – Managing and Controlling Amazon FBA Storage Fees

April 10th, 2018 by Skip McGrath

ProfitsI’ve got a new newsletter for you.  One of the articles is very important to your bottom line if you’re a FBA seller.  Amazon is increasing its storage feels.  Those can add up quickly and start eating into your margin. So it pays to stay on top of them.

Here’s the entire newsletter contents:

  • Managing and Controlling Amazon FBA Storage Fees
  • Tips to Be More Successful Selling on eBay and/or Amazon
  • Online Reselling: Investments and Startup Costs
  • Using Amazon’s Buy Box Page to Create Fast Selling Bundles
  • Is Consignment Selling Still Alive and Well?
  • New Wholesale Sources for eBay and Amazon Sellers

Read the Newsletter

Check Your Credit Card Statements Closley

April 7th, 2018 by Skip McGrath

Money - Watch the bottom lineI use credit cards for both my business and personal life.  I rarely run a balance, preferring instead to pay in full each month.  We purchase about $400,000 worth of merchandise to sell on eBay and Amazon a year and we earn travel points on that which we use to pay for airfare & hotel to attend trade shows.

In the past year, I have had one instance of someone getting my CC info and making trips overseas that I didn’t get to go on.  Fortunately, I caught it quickly and Bank of America Visa cancelled the charges and the card and sent me a new one.

But I have also had three separate instances of seeing small charges on my card that I did not recognize.  All of the charges were under $5.00 a month, so they are easy to miss.  All three of these were on my American Express card.  So, I disputed the charge and since the vendor had no proof that I bought a product or service, American Express charged them back to the vendor and credited my account.  In one case, they were not able to contact the company at all, so the blocked that company from accepting American Express.

I am now in the habit of checking mt CC statements online at least weekly, and when I receive a statement in the mail, I review it line by line.  The other thing you want to look out for are one-time hidden charges by your CC Company.

Lastly, if you have been good at paying your charges on time, call (use telephone –not email) your Credit Card Company at least yearly and ask if you qualify for a lower rate.  Every time I have done this, they lowered my rate by at least 1.5%.

Beginner Tips for Selling on Amazon

April 3rd, 2018 by Skip McGrath

These are Beginner Tips for Selling on Amazon, but there is a lot of good stuff here for the seasoned seller too.

I would love to claim Authorship of this, but it was written by the folks at Kabbage, a service that provides business loans to eBay and Amazon Sellers.

Here is the guide.

If you want to take this a bit further, I publish the Complete Amazon Marketing System, where you can learn how to just make some extra money, or learn how to make a full-time living on Amazon like I do.

Tips for Winning the Buy Box on Amazon

April 2nd, 2018 by Skip McGrath

Why does the Buy Box matter? Because almost 90% of all sales on Amazon occur within the buy box.

Let’s start with – What is the buy box?   There are actually two definitions –practical and technical.

In the practical sense, the buy box is the entire page that comes up with the seller in the buy box listed as sold by. (See image below)

Click to see larger image

 

In the technical sense the Buy Box is the portion of the page that shows the Add to cart button (see image)

 

 

 

If you are one of these sellers, then you are not in the buy box.

 

 

The complete algorithm Amazon uses to award the buy box is a closely guarded secret at Amazon, but we do know several of the key components (not in order of importance):

  • Competitive price – One of the major factors is that you price competitively.   When Amazon says competitive, what they really mean is be the lowest price including shipping.
  • Seller Reputation and rating – This is another major factor.  If you have poor feedback and account metrics (Order cancellation rate, pre-order cancel rate, etc.), you can forget winning the buy box.  This can be more important than price.  For example, I have a product I sell for $24.95 with free shipping, and one competitor who charges $19.99 + free shipping, which is quite a bit lower than me.  Yet, I am always in the buy box because my feedback score is 99% and his is only 90%.
  • Provide Excellent customer service. If you do this, then your seller reputation and ratings will remain high.  Another element in this is providing tracking quickly if you are merchant fulfilling and always answer customer questions under Amazon’s mandated 24-hour window.
  • Meet Amazon’s image guidelines. You may be buy box eligible as a seller, but if your image does not meet Amazon’s Image Guidelines, that item could be kicked out of the buy box (If this occurs, you will see a Quality Alert next to the item on your manage inventory page,
  • High number of product reviews.  Amazon looks at 2 things – the total number of reviews and the average star rating.  Just having a large number of product reviews helps a lot –but, if your average score is less that 3-star, it could also hurt you.
  • Keep stock on hand. One of the additional factors Amazon looks at is your inventory.  If two sellers were equal in all respects, and you had 1 each in stock and the other seller had 5 or 6, then the tie would go to the other seller.

So, there you have it.  Understand , and comply with all these values and your chances of making the buy box will skyrocket.

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Learn how to make a living selling on Amazon with the Complete Amazon Marketing System

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More SKUs Equals More Money on eBay & Amazon

March 27th, 2018 by Skip McGrath

More SKUs Equals More Money


Before I tell you about the new edition of my newsletter I wanted to remind you that you can subscribe to my newsletter.  What does that mean?  You’d get 4 free eBooks and an email each time a newsletter comes out.   Bonus items. A free newsletter.  It’s hard to pass up a deal like that!

Now to the newsletter, the March 27th 2018 issue of the eBay & Amazon Seller’s News contains:

  • Musings from and about eBay, Amazon and The World Wide Web

  • More SKUs Equals More Money on eBay & Amazon

  • Understanding Trademarks and Copyrights & Why They Are Important

  • Important Business Expenses That eBay & Amazon Sellers Must Track

  • Tips to Increase Your eBay or Amazon Profits

  • Five Tips to Select More Profitable Private Label Products

  • Increase Purchasing Power on eBay, buying from eBay to Re-sell on eBay or Amazon.

  • New Wholesale Sources for eBay and Amazon Sellers

Read the Newsletter

HAPPY ST PATRICK’S DAY TO MY READERS

March 17th, 2018 by Skip McGrath

May your blessings outnumber
The shamrocks that grow,
And may trouble avoid you
Wherever you go.

 

Skip McGrath

Update on Amazon Keywords

March 14th, 2018 by Skip McGrath

Update on Amazon Keywords

Amazon has been experimenting with a new keyword system.  Here are the details and my comments:

Amazon limits the length of the search terms attribute to less than 250 bytes (characters).

The search terms limit applies to newly-registered as well as existing ASINs.

Note: If an ASIN’s search terms equal or exceed the length limit, none of its search terms is indexed.

Tips for optimizing your search terms:

  • Stay under length limit (250 characters including spaces).
  • Include synonyms. Kosher – Ritually Pure
  • Include spelling variations; no need for misspellings. Airplane – Aeroplane
  • Include abbreviations and alternate names.
  • You can use all lower case.
  • You don’t need punctuation, such as ; : , – .
  • Separate words with spaces.
  • Don’t repeat words within the search terms field.
  • Don’t repeat words from other fields, such as Title or Brand Name.
  • Don’t include your brand or other brand names in search terms.
  • Don’t include ASINs in search terms.
  • No need for stop words, such as “a,” “an,” “and,” “by,” “for,” “of,” “the,” “with,” and so on.
  • Use singular or plural; no need for both.
  • No temporary statements, such as “new,” or “on sale now.”
  • Don’t use subjective claims, such as “best,” “cheapest,” “amazing,” and so on.
  • Don’t add abusive or offensive terms.
  • There is no need to mix languages. For example, U.S. ASINs with English search terms are automatically translated into Spanish, if customers are browsing amazon.com in Spanish.

To add search terms:

  1. On the Inventory tab, click Manage Inventory.
  2. Click Edit, which is to the right of each product listed.
  3. On the page that opens, click the Keywords tab and enter your keywords in the Search Terms

The number one thing you wants to take away is the statement by Amazon: If an ASIN’s search terms equal or exceed the length limit, none of its search terms is indexed.  So be very careful not to exceed the 250 bytes’ limit in the search term field of your listing.

If you are not sure what that field is – here is a screenshot:

 

One of the more important takeaways is, Amazon will no longer search bullets and descriptions for keywords.  Going forward, the Amazon search engine will only look at the title and the listing keyword field.  This has not yet been implemented 100%, but will be completely phased into all categories and all listings over the next few months.

 

 

 

Learn how to sell on Amazon with The Complete Amazon Marketing System

 

Writing eBay & Amazon Descriptions That Sell

March 11th, 2018 by Skip McGrath

Writing eBay & Amazon Descriptions That SellHave you noticed that, besides seeing them eBay, Amazon or Etsy, product listings are often picked up in search by Google, Bing or Yahoo?  Here are some tips to help you do two things:

  1. Get your listings found by search engines
  2. Write descriptions that sell more product

There are two places search engines look for matching content – titles and product descriptions.  Titles and product descriptions are content.  Creating good, relevant, content is what Search Engine Optimization (SEO) is all about.  Delivering relevant content works better than any SEO trick you may have heard about.

Win Sales by informing & educating your potential buyer

Winning descriptions don’t just describe the product details. They inform and educate the potential buyer.

Start by describing the product features and benefits.   Always include important information such as: quantity, taste, color, size, features, benefits, the price, and any customization available.

I typically write a one or two sentence basic product description, followed by bullets that cover the size, color, specifications, etc. to begin with.  Then I keep writing until I run out of benefits to write about.

Remember: Features describe, but benefits sell!

24-inch padded guitar strap is a feature.  Our adjustable padded guitar strap with non-slip lining is comfortable, adjustable and will keep your guitar in place, describes the features as benefits.

Note:  My research on the products I sell, shows that longer descriptions work better than short ones. However, that may not be true for all products, so you should test this for yourself

Create White Space in your listing

Remember how people read on a computer –they scan!  Therefore, it is important to make your description easy to read.  Use bullets for important points and short paragraphs with a double return between each paragraph to create white space.  This is what I have tried to do in this post.

All products should have their own individual description

Even if you have somewhat identical products, resist the temptation to copy/paste the same info into several listings.  Why?  Remember, one of the things search engines penalize is web pages that have identical content on them.

Here is an example.  Let’s say you sell several models of a fashion bracelet.  And each listing says:  Add this bracelet to your cart today, so you don’t miss out to another bidder.  Since each bracelet is slightly different, you might say something different in each listing such as: Add this lovely fashion bracelet to your cart today, so you don’t miss out to another bidder.  Or: Add this lovely cuff bracelet to your cart today, so you don’t miss out to another bidder

Make it Personal

I always write in the first person.  This way, it sounds like I am speaking directly to the reader.  I might say something like:

My wife and I found this French fry cutter in a high-end kitchen store on our last trip to New York CityWe bought one on the spot.  When we got home, we tried it –and loved it.  I researched the company and ordered them for our store.  We have sold hundreds since then with only a couple returns.

If you don’t have a personal story, like the one above, you could always say something like:

We try and use every product we sell.  So, we kept one of these French fry cutters for ourselves and love it.

Ask for the sale, and communicate a sense of urgency

Ask for the sale.  If you are sitting in front of a customer, it is easy to ask for the sale.  But, when you are selling online your product description has to do that for you.

Personally, I like to use promotions and coupons. (20% off, BOGO, Buy 2 or more and get free shipping, and so on).

Give the customer a reason for acting immediately. The moment a potential buyer clicks away from your website for any reason, the purchase becomes more unlikely.  Communicating a sense of urgency discourages your buyers from leaving your website.

Urgency is prompted through a combination of time, exclusivity or availability, and saving money. Here are a couple approaches to create this sense of urgency in your product descriptions (I am sure you can think of more):

  • “Order now – Only 5 left!”
  • This is my last supply at this price.  My supplier told me a major price increase is coming with my next order

Great product descriptions are essential to your bottom line. Put the time and attention into creating them and it will pay dividends in higher sales –and profits

 

Learn How to Buy and Sell Gold

March 9th, 2018 by Skip McGrath

Most of you know me for my books about selling on eBay and Amazon, but I have done a lot of other things in my life too. One of them is buying and selling scrap gold.

When I first got into this business gold was selling for around $300 an ounce. Gold went as high as $1900 an ounce, and today gold is selling for near $1,300 an ounce and experts forecast it to go higher – much higher!  I have seen forecasts by reliable writers that Gold could reach as high as $5000 an ounce in just a few years.

The United States is the largest jewelry market in the world and millions of Americans have old, broken or just out-of-fashion pieces of jewelry sitting in their jewelry boxes. Just last week my wife came across a single 18K gold erring. She lost the other earring in the set about ten years ago and the remaining earring has just been sitting in her jewelry box since then. I put the earring on my gold scale and it weighed 8 grams. At today’s prices that one earring was worth over $300 –which is more than she paid for the pair ten years ago.

There is literally a fortune in gold –billions of dollars worth, sitting around collecting dust. But the high price of gold today is bringing it out of the woodwork. And all you have to do to get your piece of the pie is to ask.

Check out my best-selling training course about How to Make Money Buying and Selling Gold, just updated recently.

 

 

Understanding Wholesale Distribution and Sourcing

March 7th, 2018 by Skip McGrath

 Understanding Wholesale Distribution and Sourcing

I’ve got a new edition of my newsletter ready for you.  One of the articles is about a concept that it’s important for ANY online seller to understand – wholesale sourcing.

Here’s what’s in the newsletter. Note that there’s a favorite reader feature that I haven’t done in a while, niche of the month.

  • Musings from and about eBay, Amazon and The World Wide Web

  • Understanding Wholesale Distribution and Sourcing

  • Making Money with Blogs

  • Amazon Gets Strict on Bundle Policy

  • Amazon H&B and Gourmet Food Expiration Policy

  • eBay Niche of the Month – Used Film Cameras

  • New Wholesale Sources for eBay and Amazon Sellers

Read the March 7, 2018 Newsletter

The Annual Wholesale Liquidation Sourcing Newsletter

February 22nd, 2018 by Skip McGrath

I’ve got a new version of my newsletter ready for you.  It’s my annual wholesale liquidation sourcing issue.   In addition to featuring liquidation wholesale sources, I’ve got several articles on the subject.

  • Understanding Wholesale Liquidation Sourcing 
  • A Common Myth Surrounding the Wholesale Liquidation Industry
  • Beware the Pitfalls of Sourcing & Selling Liquidation Products
  • Do RA and OA have a Long-term Future on eBay & Amazon?
  • Increase Your eBay and Online Sales with A Strong Call to Action
  • New Wholesale Sources for eBay and Amazon Sellers

How Long Does It Take to Make Money Selling Online?

February 21st, 2018 by Skip McGrath

How Long Does It Take to Make Money Selling Online?Before we get too deep into answering that question, lets look at the types of online income:

  1. Active Income – Selling products or services
  2. Passive Income – Affiliate income (or advertising)

Active Income – Selling Products or services

If you want to sell products, or your services online, you are probably looking at venues such as eBay, Amazon, Etsy, or your own website (including Shopify).  We will look at these first.

Almost all major online shopping site have some type of payment delay:

eBay – eBay’s payment delay for new sellers comes in two forms, selling restrictions and payment delays.  Restrictions on new sellers usually last three months.

eBay will place limits on your account, or on particular categories and items until you, the seller, confirm certain information or establish a positive selling history. These limits help ensure a safer experience for eBay buyers.

New Sellers, have a limit on sold items, gross merchandise volume, and active items for sale for the first 90-days. If an item sells, it counts toward the limit, but if a listing ends without selling, it no longer counts toward your limit.

Sellers can request a higher account limit. You do this by confirming your seller information, linking your new account to an established account, or contacting eBay support.

When you reach a selling limit, eBay gives you an option to request an increase to the amount you can list. eBay often looks at your selling activity and may grant higher limits on your account if they see continuous good performance.

If you exceed the amount you can list in a month, you need to reduce active listings to reach the limit.

Here are the limits:

  • 10 Active Items at any one time
  • Sales, whichever comes first:
  • 10 Sold Items Per Month
  • GMV (total sales) Limit of $500 Month

Increasing Your limits:  You can ask seller support to increase your limits after 30 to 45 days.  Here are the things they look for

  • Feedback from buyers – you need at least 10 positive feedbacks and an average 4.8 DSR score
  • eBay Money Back Guarantee requests, or PayPal Purchase Protection cases with buyers, need to be in good standing or resolved
  • No Feedbacks that question product authenticity
  • Good history of following eBay policies
  • Positive account standing

If you have had a buyer account on eBay for a few years, eBay will be more likely to remove your limits sooner.

 

OK – lets look at Amazon:

Amazon does not have any public limits on the number of items a new seller (less than 60 days) may sell, but they do have secret limits on velocity – the number of items you sell per week.

If you exceed the secret amount, Amazon will put your orders in “pending status” and will release them as soon as you fall below their pre-set limit (Which they will never reveal to you).

Amazon also has payment holds.  Amazon normally pays sellers every two weeks.  But expect you first payment to take slightly over 6 weeks.  The reason is, Amazon offers a very liberal return/refund guarantee, and they want to get through that until they give you your first payment.

There is nothing you can do about the payment hold, but the more products you have and sell through FBA, the higher the secret velocity limit will be.

The other reason Amazon may hold individual product sale payments include:

  1. Awaiting order delivery
    2. A-to-z Guarantee claims (not resolved or too many)
    3. Chargebacks

Amazon may also suspend your payments for:

  • Seller performance
  • Account review

Now, let’s consider selling from your own website.

The big delay here will be caused by the various search engines, Google, Bing and Yahoo.  The simple fact is, it can take weeks (or in some cases, several months) before the search engines can find and start indexing your site into search results.  In general, the narrower your niche, the faster this will happen.

After you start making sales, it is up to your credit card processor how long they hold your funds and how often they pay you.

Passive income – Affiliate marketing or advertising.

The other popular way to make money online is from Affiliate Marketing or Advertising banners.

Let me deal with advertising first.  Unless you have a website that gets over 200,000 unique visitors a month – forget it.  The amount of revenue you will get from any one banner is minuscule – typically less than $25 per month.  You would have to cover your website with banners to earn any serious money.  So, let’s look at affiliate marketing:

In order to make any money from affiliate marketing you need one of three things: 1) A newsletter or mailing list of loyal subscribers, or 2), a website or blog on a topic of interest that gets relevant traffic, or 3) A social media group on a specific topic with at least a few thousand followers.

Before we get into details, lets look at a few best practices related to affiliate marketing:

  • Never recommend a product you would not buy or use yourself
  • Never recommend a product based on the affiliate income (I have a few products I recommend and endorse where my total affiliate income is less than $10 a month)
  • Never recommend a product you would not encourage your mother, brother or sister to buy if it were something of interest to them.
  • Only recommend products or services that relate to the content of your site or your readers
  • Always check out the seller or producer of any product (or service) you recommend
  • Always disclose to your followers/readers that you may make a profit from products you recommend

Newsletter – In my case, I publish a free newsletter for eBay and Amazon sellers.  I have approximately 40,000 subscribers.  Because I give away tons of high-quality free information, my readers are very loyal and tend to follow my recommendations as long as they relate to eBay or Amazon sellers.

That is hard to do with a mailing list if all you do is recommend products.  That is why I recommend the newsletter format.  It doesn’t matter if your newsletter is about making money, travel, food, quilting, or fly fishing.  If you give your readers good quality, on-topic, free information, then they will take your recommendations.

Website or Blog

In my book, How to Make Money with The Amazon Affiliate Program, I go into great detail about setting up blogs or websites to generate affiliate income on Amazon, but the same advice also works well for almost any niche product that can be linked to many affiliate programs besides Amazon.

The key to creating a successful website or blog, is creating a niche about a topic that people will search for.  In general, the narrower the niche, the better.  The reason is that recent changes on Google have made it very difficult for small new websites to be found.  However, that may not always be true.

A Niche is Key

Even if your product line is highly niche, it is still possible to be found on the web.  Consider this example:  If you sell a variety of gourmet foods, or you sell a highly competitive product such as tea or coffee, then the online competition from shopping sites is so strong it would be very difficult to come up on the first few pages of search results.

However, if you were highly specialized such as, instead of covering a variety of gourmet foods, you only wrote about dried Chili Peppers, that would be a very narrow niche and your chances of making the first page of search results goes way up.  Whenever anyone searches the term Chili peppers, your site will most likely come up well in search.

If you do set up a website or blog and develop a following, then look at setting up a newsletter.

Affiliate Marketing with Social Media

There are two ways to use affiliate marketing with social media.

  1. If you have a large following or group, then you can recommend affiliate products to your readers (members) directly.
  2. If your followers (or group) is limited, then you can use social media to drive people to your blog, website or newsletter.

So back to the original question: How long does it take to make money online?

It all depends on which of the above methods you choose.  If you want to sell on eBay and/or Amazon, you should realistically plan on waiting at least 60-days, and perhaps as many as 90-days before you see any serious amounts of money.  You can make some small amounts of money sooner –but a substantial income will take a bit longer.  Setting up an eCommerce website may be faster, if you hit upon the right niche.

As for affiliate marketing, you may be able to see some serious amounts within 30-days or so, but realistically, my experience has been that my affiliate income took a while to become steady, eventually it became quite a bit of income.

The best advice I can give you is take your time and do it correctly.  An investment in patience will pay hugh dividends in the long term.  It took my wife and I about three years to hit $100,000 per year income, but then it started climbing from there.  Our income took a huge hit in the recession of 2008 to 2010, but even then it managed to stay in the six-figure range.  We never became millionaires, but we are completely debt-free and own our homes and cars.

___________________________________________________

My two printed training manuals The Complete eBay Marketing System and The Complete Amazon Marketing System start with the basics and then go into the advanced techniques to build a long-term business.

Amazon Seminar Scam and New Newsletter

February 7th, 2018 by Skip McGrath

An item I mentioned in the last issue of my newsletter was the Free Amazon Seminar scam. Later, I heard from an additional 10 readers, who had been taken in .  Each of them lost over $5,000.  Three of them mentioned that they learned nothing that they didn’t already know from studying my Amazon course, The Complete Amazon Marketing System.

Now to the latest newsletter . . .

How to Use Amazon Date Range Reports
In this issue:

   Musings from and about eBay, Amazon and The World Wide Web

  • How to Use Amazon Date Range Reports to Get Detailed Sales & Fee Information
  • How to Lose Money with Private Label Products
  • Having Problems with Purchased UPC Codes?
  • Will Coupons Replace Sponsored Ads?
  • Amazon to Share FBA Seller Info with Massachusetts Taxing Authorities
  • How to Deal with Challenges When Selling On Amazon
  • New Wholesale Sources for eBay and Amazon Sellers

eBay & Amazon Customer Return Rates & Tips to Reduce Them

February 5th, 2018 by Skip McGrath

eBay & Amazon Customer Return Rates & Tips to Reduce Them
Customer Returns can be real profit killers.  In general, return rates average between 5% and 14% overall on Amazon and 7% to 15% on eBay, but some categories can have much higher rates.  There is no hard data for these rates, so most of the information is anecdotal, gathered from other sellers and my own personal experience.

eBay tends to skew about 2% to 3% higher because people are dealing with individuals.  Although just over 50% of all sales on Amazon are from individual sellers, since over ½ of those sellers use FBA, the rates tend to be lower than eBay’s.

Online retail in general usually has higher buyer return rates than average (about 2-3 percentage points), because customers cannot feel & touch the product before they buy And, Amazon (and now eBay to a lesser extent) have very liberal return policies.

Products with Reasonable Return Rates (Typically less than 10%).

The variance tends to be a factor of the sub-category.  For example, in the Garden category, solar lighting products can be as high as 12% to 14%.

  • Books and Media (Music, Movies, games, etc.) tend to have lower return rates in the 5% to 7% rate.
  • Home & Kitchen – 8% to 10%
  • Garden – 7% to 10%
  • Automotive accessories – 8% to 10%
  • Art, Crafts & Sewing – 7% to 9%
  • Grocery & Gourmet Food 9% to 12%
  • Sports & Outdoors – 8% to 10%
  • Tools and Home Improvement 8% to 10%
  • Pet Supplies (hard goods – 10%, treats and food – 15%)

Higher Return Rate Categories:

  • Consumer electronics – 25% to 35%
  • Baby – 15% to 25% depending on subcategory
  • Clothing – 28% to 36% (Color and size tend to be the most reported reason for returns)
  • Cell Phone accessories – 30% to 40%
  • Fine Jewelry – 30% to 40% (Sterling silver usually does better than fine gold, and products with precious stones tend towards the higher end of the range)
  • Fashion Jewelry – 16% to 25%
  • Clothing accessories
    • Fitted items with sizes – 25% to 30%
    • Non-fitted (size) items – 18% to 21%
  • Toys and Games – 15% to 18%
  • Beauty & Personal Care 16% to 20%

Tips to reduce return rates

  • Write complete and accurate descriptions
  • Help buyers with sizing information (Size charts, etc.)
  • Render colors accurately
  • Carefully inspect packages sent to FBA for accuracy information
  • Send returning buyers a polite and respectful email asking them the precise reason for their return
  • You can use this feedback to prevent future returns

Tip to reduce return costs

  • Savvy Amazon buyers have learned that if they claim an item was defective, then Amazon pays their return shipping. The problem is I often get items back where the package has never been opened.  When this happens, I take a photo and open a support with Amazon.

This will occasionally cause Amazon to reverse my refund cost, but also causes Amazon to look at the buyer’s account.  If they see a lot of returns with the reason given as “Defective,” then they may block that buyer in the future.

 

How To Make Money With The Amazon Affiliate Program

February 5th, 2018 by Skip McGrath

How To Make Money With The Amazon Affiliate Program is the title of one of my best selling books.

Here is a link where you can read about it.   This book was originally published in 2015, and was updated in 2017

It is amazing but a lot of people have no idea that Amazon will pay you between 4% and 15% of sales when someone refers a customer to the Amazon website and someone buys something.

The Amazon Affiliate program may be the greatest business in the world:

  • You can get started with minimal investment –under $10
  • You can access over 1,000,000 book titles and 500,000 products in hundreds of categories and subcategories.
  • You can sell thousands of products yet – You have no inventory.  You take no photos.  There is nothing to ship and…Amazon takes all the risk and collects the money for you.
  • You have to do some work –but once it’s done, you literally make money while you sleep.

I always hate claims like that last one and rarely believe them, but when I woke up this morning I had made over $37 from someone who bought something on Amazon last night while I was asleep.

Get your copy of How To Make Money With The Amazon Affiliate Program today.

================================

A D V E R T I S E M E N T

If you like digital and video programs, the Proven Amazon Course  from my good friend, Jim Cockrum, teaches  you how to sell products on Amazon, the Number 1 shopping site on the web.

If you prefer printed instructions, my Two-Volume printed training course, The Complete Amazon Marketing System covers most of the same information at a somewhat lower cost


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