Tag Archives: ecommerce tools

Amazon Seller Notifications Regarding Hurricane Sandy

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Fulfillment by Amazon Technical Notice
Oct 30, 2012

Hurricane Sandy may impact fulfillment of orders. Amazon will handle all communications for FBA orders impacted by Hurricane Sandy.

For seller fulfilled orders to be shipped within areas potentially impacted by Hurricane Sandy, we encourage you to contact the buyers about the status of their orders.

If you anticipate that you cannot meet your shipping service levels, we encourage you to temporarily set your listings to inactive. Update your listing status by using the Listing Status feature.

Hurricane Sandy updates can be found on the National Weather Service website. (10/30 – 07:30 PST)

Technical Notification
Oct 30, 2012If you have orders to be shipped within areas potentially impacted by Hurricane Sandy, we encourage you to contact the buyers about the status of their orders.

If you are within the potentially impacted area and anticipate that you cannot meet your shipping service levels, we encourage you to temporarily set your listings to inactive. You can change your listing status by using the Listing Status feature.

Hurricane Sandy updates can be found on the National Weather Service website. (10/30 – 07:30 PST)

WisePricer and Magento Unite!

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WisePricer–In addition to their long list of supported platforms, WisePricer.com now supports Magento shopping carts! As one of the most popular eCommerce platforms, offering compatible sync with Magento was our next logical step.

Online retailers can now enjoy the capabilities of Magento with WisePricer’s intelligent repricing tool. With this added compatibility, Magento users can reprice in real time, monitor their competitors and compete wisely in the online marketplace.

This added functionality provides over 100,000 Magento users with a simple, accurate and competitive repricing tool that syncs seamlessly with their online store.

WisePricer fully supports an array of eCommerce platforms, from Shopify to eBay and Amazon.

For more information about WisePricer and eCommerce repricing tools, visitwisepricer.com

5 Online Marketplaces You Can Start Selling On Today

October 15, 2012An Online Marketplace is an established website that offers potential sellers the opportunity to sell items and products online. These marketplace platforms work almost like a virtual swap-meet as people come to
buy products, while others come to sell their products. They provide a method for listing items, selling them, and collecting payment. The advantage of using marketplaces to sell products is the proven audience arena each one consumes, making it extremely easy to showcase potential products.

Although there are dozens of internet marketplaces for people to sign-up and start selling, very few of them are worth the time, energy, and money. Depending on what you’re selling and to whom, each marketplace has its own niche of customers, prices and products. Typically these platforms charge various fees and/or commissions to sellers for listing and selling items. While there are hundreds, if not thousands, of online marketplaces people can use to list and sell items, here are the Top 5 Marketplaces You Can Start Selling Today!

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Online Haggling coming Soon? Amazon files for Patent for New System

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October 10, 2012–Since the dawn of the internet, the sport of online shopping has worked in only two ways—Either you pay the listed price for an item and receive it, or you don’t and receive nothing. Unlike flea markets or garage sales, haggling has never played a major role with online shopping except for maybe the occasional Craigslist ad. That may soon be ending as Amazon’s new patent idea in the form of an online haggling system could soon be on its way.

Online haggling system? Amazon.com has filed for a patent that would create a first-of-its-kind system to allow buyers and sellers the ability to intermingle with one another and freely make offers and counteroffers on items until both parties agreed. Although eBay has a similar service called “Best Offer” where buyers can make their own offers, Amazon.com is looking to revolutionize the buying and selling experience online with their new patent. Along with their haggling system, Amazon would propose a rating system for both buyers and sellers based on flexibility, average closing prices, and how likely either side is to drop a deal before it’s done.

With the Holiday season rapidly closing in, this haggle feature could become a must-have for marketplace buyers as more and more people look to save money during this extremely expensive time of year.

 

How Important is Lead Time?

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With Q4 just around the corner, it’s the time of the year when savvy merchants are beginning to plan and predict their holiday inventory investments. What is going to be my biggest mover? What are my competitors going to bet on?

Although future inventory investments are often necessary to ensure stock of products to sell, for merchants with a diverse set of inventory and many SKUs, accurately predicting all products to invest in is virtually impossible especially with the practical limitations of limited capital to invest and external competition variables.

Merchants can use Just-In-Time (JIT) fulfillment to maintain a leaner business model to offset the uncertainty of inventory investment. Since inventory is not on hand but residing at a suppliers location, a merchant will have to add a ‘lead-time’ to ship parameter to each Amazon listing. This ensures a buffer for transit time between supplier and merchant.

In the fiercely competitive Amazon marketplace where many goods are commoditized, how does adding a lead-time affect demand and profitability? If all things including price are held equal, will adding a lead-time affect performance?

At Teikametrics, our data analytics team has reviewed the data from a wide variety of merchants in almost every category of Amazon. The data showed some very interesting results with a clear relationship between lead-time and demand however the strength of this relationship was highly dependent on the category in which the products were being sold.

For example, products in the Electronics category were affected far more than products in the Clothing and Apparel category. With many variables at play it is unscientific to define a root cause however, we believe since the Electronics category has many larger sellers who hold inventory with where demand is highly price elastic, adding a lead-time immediately makes a product listing less attractive. In contrast, the Clothing category has many more choices with far less merchants per listing competing with one another across the same SKUs. Also, since the nature of apparel items results in many permutations as a result of options such as Size and Color variations, competition from FBA sellers is far less aggressive. If FBA can be deemed the nemesis for longer lead-times via JIT, there is a lot less FBA on apparel listings in the Clothing category.

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