Author: Ryan Moran, founder of Capitalism.com and host of the One Percent podcast
Mother's Day is just around the corner, which means it's time to prepare your store for one of the biggest sales dates in the country.
There’s no denying that online marketplaces are changing the sphere of the retail environment - affecting how consumers interact with brands online, and how marketplaces are shaping buying patterns. Consumers have a new freedom of choice and building a successful business in the age of Amazon means taking advantage of these same principles.
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Like many entrepreneurs, you probably have a long list of goals, such as increasing revenue, gaining brand recognition, boosting market share, and above all, growing as quickly as possible. While achieving rapid business success is something we all desire, it’s just as important to be able to sustain that level of success.
Why Are Amazon Reviews Important?
One of the main features Amazon introduced to the marketplace world was the customer’s feedback on Amazon for its sellers. This simple review feature, added to the internet power of giving everyone instant access to information, changed the game. But beware! The power it gave to consumers to hurt businesses is way greater than the power it gave businesses to lure consumers in.
Adding to that, the number and overall quality of the reviews your products generate goes a significant way towards determining where they appear on Amazon’s product lists. The Amazon platform has millions of sellers, with many offering the same products, and an essential part of how Amazon separates the wheat from the chaff is to push the sellers that garner the best reviews. At its core, Amazon wants to offer a convenient, reliable and good quality experience for online shoppers, and the best way to do that is to promote the sellers that its users deem to be the best.
Word Count: 1,295 words | Time To Read: 7 mins | Seller Category: Beginner
One of the main features Amazon introduced to the marketplace world was the customer’s feedback on Amazon for its sellers. This simple review feature, added to the internet power of giving everyone instant access to information, changed the game. But beware! The power it gave to consumers to hurt businesses is way greater than the power it gave businesses to lure consumers in. Find out what can you do about reviews.
6 Reasons Why You Should Have Thought About Getting A Small Business Loan For Your Amazon Business A Long Time Ago
Word Count: 1,110 | Time To Read: 6 mins | Seller Category: Intermediate / Advanced
Almost any business needs funding at some point. Typically, when cash is needed in a hurry you don't have the time to search for the best options, go through lengthy application process, etc., you have no option but to take whatever is put in front of you.
So, the consequence of not being prepared are high interest rates, predatory fees, etc., but with the clock running against you, there's little you can do about it.
Having access to a small business loan (or how we call it Amazon Loans) will never a bad thing. However, there are specific reasons that should make you consider to be prepared with additional funding for when (not if) the time to spend some urgent cash comes. In the end, you're a business owner, and this is what owners do, prepare for growth and for the unexpected.
Here are the six reasons that should make you consider applying for a small business loan (even if you don't need the money right now).
Its well known that Amazon is the biggest e-commerce website that sells hundreds and thousands of products and has a large number of customers. So, once your product is up and running on the Amazon marketplace, it’s time to start promoting your listings. Putting a lot of effort into these listings up front will hep you earn a healthy amount of money down the road. Want to know how you can promote your listings on Amazon and drive a lot of sales? Read on.