5 Profit Killers In Your Amazon Business w/ Alex Speian - Ep - 548 - Lunch With Norm

Lunch With Norm - The eCommerce & Amazon FBA Podcast

Norman Farrar

Business:entrepreneurship, Business, Marketing, Entrepreneurship

5.0 • 1.4K Ratings

🗓️ 12 February 2024

⏱️ 49 minutes

🔗️ Recording | iTunes | RSS

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Summary

On today’s Lunch With Norm, we are with the head of marketing at Sellerboard, Alex Speian! We discussed 5 profit killers in your Amazon business. Find out what are the types of costs and fees inside an Amazon business. Our guest’s rich background spans various business sectors such as hospitality, automotive, DIY retail, and diverse retail sectors. This episode is brought to you by Post Purchase Pro Post Purchase PRO specializes in helping Amazon sellers create more sales, ranking, and reviews through post-purchase marketing. Finally, your email marketing can be actively managed by professionals with over 30 years of experience so you can focus on running your business. Increase repeat purchases, drive better organic search term ranking, get more reviews, and build a real asset. For more information visit https://www.postpurchasepro.com/lunch This episode is brought to you by Startup Club Startup Club is the largest club on Clubhouse supporting the Startup ecosystem. Startup Club offers an exciting sense of belonging to established and aspiring entrepreneurs, startup businesses, and companies wanting to Learn, Connect, and Grow. Join us for conversations with founders, entrepreneurs, angel investors, venture capitalists, subject matter experts, and more. For more information visit https://Startup.club This episode is brought to you by Seller Basics Seller Basics is the ultimate guardian for account suspensions, ASIN hiccups, and IP headaches. For only $99 per month, Seller Basics provides a dedicated team to safeguard your business. And that's not all! Gain access to free legal consultations with seasoned eCommerce attorneys. With no binding contracts, you can cancel anytime with just a month's notice. Consider Seller Basics your Amazon account's comprehensive health plan. For more information visit https://www.sellerbasics.com In this episode, the head of marketing at Sellerboard, Alex Speian, is here. Today, we discussed 5 profit killers in your Amazon business. His rich background spans various business sectors such as hospitality, automotive, DIY retail, and diverse retail sectors. This episode is brought to you by Startup Club, Post Purchase Pro, Seller Basics, and HONU Worldwide... *All conversations and information exchanged on the Lunch with Norm podcast or interaction on the Lunch with Norm Website is intended for educational and entertainment purposes only. Do not confuse this with advice or direction with your business per se. Always do your own research before following advice from any podcast/website. Amazon's Terms of Service is always changing. Make sure you are following relevant up-to-date information.

Transcript

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0:00.0	Yeah, and some of these killer fees, too, the long-term storage fees.
0:04.4	Now switching from, what was it, 240 to 180, and I think it, what is it, $6 in something
0:13.4	sense, you know, is the worst part of it per cubic foot?
0:18.1	That's crazy.
0:29.4	Lunch with a new, lunch. This is Norm Ferrar, aka the beard guy here, and welcome to another
0:33.6	Lunch with Norm, the e-commerce and Amazon FBA podcast. Today, we're going to be discussing
0:39.3	the five profit killers in your Amazon business. We're going to be talking about what are
0:45.9	profitability tracking methods, the types of cost and fees inside your account you might not know
0:52.0	about, and insights on addressing silent profit killers
0:55.9	you didn't know about. Welcome to another lunch with Norm, the e-commerce and Amazon FBA podcast.
1:02.1	Okay. So today, it goes back about a month ago, maybe three weeks ago, we had a discussion in our WhatsApp group
1:11.9	and the name Seller Board kept coming up about profitability trackers. So we reached out to them
1:19.3	and they're on today. So let's go back. Today we're going to be discussing five profit
1:24.5	killers in your Amazon business. Our guest is the head of marketing at
1:28.6	Seller Board. His rich background spans various business sectors such as hospitality, automotive,
1:35.7	do-it-yourself retail, and other diverse retail sectors. Beyond his professional achievement,
1:43.6	he cherishes his roles as a devoted
1:45.9	husband, proud father of two, and creatively expresses himself through beatmaking. Please welcome,
1:55.4	well, not quite yet, but our guest today is a first-time guest, and that's Alex Spian.
2:06.1	And I hope I said that, right, Alex, after I already asked you how to pronounce it.
2:10.8	I'll say it again, our first-time guest, Alex Spian.
2:12.9	All right, let's have a word from our sponsor.
	...

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