#116 - How and when Amazon pays you
Built by Business: Amazon FBA, E-Commerce, Brand Building
Andy Isom | Amazon FBA Seller & Agency Founder
4.9 • 816 Ratings
🗓️ 26 January 2022
⏱️ 15 minutes
🧾️ Download transcript
Summary
When running a small business, cash flow management is essential. In this episode, I discuss Lesson 62 from my e-book, Zero to $1 Million, which is about how and when Amazon pays you.
As a default, Amazon processes your sales payouts every two weeks. As a small business, you might encounter cash flow challenges because of this two-week wait. For example, you might not be able to pay your suppliers because you haven't gotten your Amazon sales payout yet. To avoid this problem, you can request a payment daily on your Amazon dashboard to help free up cash flow.
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Transcript
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| 0:00.0 | You've heard me mention before on this podcast that cash flow is going to be one of your biggest challenges. |
| 0:04.9 | Trying to manage money in and money out of your business. You're going to have to pay for inventory. |
| 0:09.3 | Big companies, you know, the Walmarts and targets of the world can operate on net 90 or, man, I wouldn't be shocked if some of them operate on like 180 days, deferred payments. |
| 0:18.8 | Most of these suppliers on Alibaba for you guys, for us, for small |
| 0:23.2 | startups, they're not really going to operate like that. They're going to want their money up front. |
| 0:26.3 | So what's up, guys? You're listening to another episode of Selling on Amazon with Andy Isam. |
| 0:38.2 | In this episode, we're going to talk about how and when Amazon pays you. This comes from |
| 0:43.5 | lesson 62 of my ebook, zero to one million dollars in sales on Amazon. If you haven't already |
| 0:49.6 | grabbed the updated version of my ebook, there are links in the show notes below this episode for you to grab |
| 0:56.4 | a copy of that e-book. There's more lessons in my updated version than in my previous 67 lesson version. |
| 1:03.6 | So make sure you have the updated copy. But again, this comes from lesson number 62. So if you |
| 1:09.7 | need to go back and review it from the e-book, you can just quickly flip to that lesson and find some more information about this. |
| 1:15.3 | But we're going to go more in depth. |
| 1:16.6 | As you guys know, listeners of the podcast, when I kind of cover podcast episodes related to my e-book lessons, I like to go a little bit more in depth than what I do in the e-book. |
| 1:24.8 | The e-book is kind of like a really nice cliff notes, condensed version |
| 1:28.7 | of all the information. I wanted that to be really simple, not overwhelming, so you can, you know, |
| 1:33.2 | quickly refresh and recap things regarding your Amazon business and all the different, you know, |
| 1:38.5 | things that go into that and strategies and whatnot. So let's jump right into it. Let's talk about |
| 1:42.9 | how and when Amazon pays you. |
| 1:44.6 | So I'm logged into Amazon Seller Central and from your dashboard, you're going to be able to |
| 1:49.4 | see your payments, your funds, your total balance, today's sales, like all that kind of stuff. |
| 1:56.2 | Now, if you click on the little up here, I'm just on the main homepage of Amazon Seller Central |
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