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Rock Your Brand Podcast

TAS 344: Exposing Amazon’s Hidden Fees and Knowing Your (TRUE) Profit Numbers with Greg Mercer

Rock Your Brand Podcast

Scott Voelker

Email List Building, Email Marketing, Online Marketing, Business, Digital Product Creation, Blogging, Start A Business, Marketing, Brand Building, Make Money Online, Passive Income, Entrepreneurship, Online Business

4.81.1K Ratings

🗓️ 10 April 2017

⏱️ 55 minutes

🧾️ Download transcript

Summary

You know Scott only brings the best guests on The Amazing Seller that give you value and insights into selling on Amazon and building your business. On this episode, Scott’s done it again with guest Greg Mercer. Greg knows the industry intimately and wants to help entrepreneurs like you get the most out of your efforts to make a profit. He’s created a great application called “Fetcher” that will help you navigate the processes and systems involved with selling on Amazon. This is a helpful and information packed episode that you don’t want to miss!

Underestimating fees and expenses selling with Amazon

With some of the recent changes at Amazon regarding their storage fees, it’s good to get a helpful perspective from industry leaders like Greg Mercer. On this episode of The Amazing Seller, Scott and Greg go over some tips to make sure you don’t overpay for storage fees, product returns, and more! This is a great chance to understand some of the more complex aspects of selling on Amazon. Make sure you grab pen and paper when you listen to this episode!

Are you leaving money on the table?

As a business owner, you want to make sure every dollar counts. You try to find every possibility you can think of getting the most value out of products you sell and systems you use. Greg Mercer joins Scott on this episode of The Amazing Seller to help you make sure you aren’t leaving money on the table with your Amazon business. Greg and Scott’s insights will help you understand the processes and in’s and out’s of Amazon's Seller platform. If you want to know how to make the most of your efforts, make sure to listen to this episode!

Check out Fetcher - no RISK!

Do all the software and tools available get your head spinning sometimes? There are so many options out there it can be hard to pick just one. To cut through the complexity, Scott’s invited Greg Mercer on the show to describe the benefits of his application, “Fetcher.” Greg has such confidence in the value and benefits Fetcher will give you as an Amazon seller that he’s giving away a FREE 30-day trial. Don’t worry about giving your credit card info. Just check out this great application and hear about all the benefits on this episode of The Amazing Seller!

Is it too late to get into selling on Amazon?

Are you wondering if it’s too late to get started selling on Amazon? You aren’t alone! Scott and Greg get this question a lot. Don’t be discouraged, it’s not too late. You can jump on board and find success and independence. Make sure to catch this episode of The Amazing Seller as Scott and Greg give an update on the state of the marketplace and how you can get involved with helpful tools and insights. This is an episode you don’t want to miss!

OUTLINE OF THIS EPISODE OF THE AMAZING SELLER

  • [0:03] Scott’s introduction to this episode of the podcast!
  • [3:30] Greg Mercer joins the show.
  • [5:45] A checklist to catch mistakes you might be missing.
  • [14:22] Underestimating fees and expenses.
  • [23:30] PPC spending.
  • [27:00] Figuring out FBA fees.
  • [31:00] The advantages that Fetcher can give you and how it works.
  • [41:30] Answers to common questions that Greg gets about Fetcher.
  • [45:30] Greg talks about a great Fetcher deal for TAS listeners.
  • [49:30] Some parting advice and insight from Greg.

RESOURCES MENTIONED IN THIS EPISODE

Transcript

Click on a timestamp to play from that location

0:00.0

Well hey hey what's up everyone welcome back to another episode of the

0:05.4

amazing seller podcast this is episode number 344 and today we're going to be

0:10.7

exposing Amazon's hidden fees and knowing your true profit numbers and I've invited on a good friend of mine

0:18.0

He's been on the show before Mr. Greg Mercer is going to be hanging out with us for the next 45 minutes to an hour.

0:24.4

I forget exactly how long this one goes for, but it's a great conversation that we talk all

0:28.6

about the numbers.

0:30.8

And a lot of times people don't want to look at the numbers 100%. We always talk about top line, but we don't look at the bottom line.

0:37.0

And really all of the numbers that go into that. So we're going to be kind of covering everything that we should be tracking.

0:42.0

And then we're going to talk about some of those hidden fees that... of numbers are and you can kind of use this as a guide and also a way for you to

0:54.9

start tracking these even if you're just starting and you are using a

0:58.9

spreadsheet this is going to help you now I have had a lot of people ask

1:02.1

me Scott what software would I use if I wanted

1:04.6

to track the expenses to give to my accountant and all that stuff? In the past, I've used

1:09.3

Wave apps. And that one there works really well, but you have to import all of your data.

1:14.8

And it doesn't give you any Amazon data, only the stuff that you actually tell it, right?

1:19.2

That it doesn't connect directly.

1:21.6

The other ones that are out there is Quick Books and Fresh Books and Zero.

1:25.1

And they all do good things, but they're kind of like for a wide range of businesses.

1:30.6

So Greg actually struggled with this as well, and that's why he created a tool called

1:35.2

Fetcher which we're going to actually talk about at the end of the podcast but I wanted

1:39.4

to give you guys the opportunity to give it a test try and you can head over to the

1:43.0

amazing seller.com forward slash fetcher and you can get a 30 day free

...

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