The effect of the new Amazon fees on the e-com ecosystem w/ Aaron Biner - Ep - 594 - Lunch With Norm

Lunch With Norm - The eCommerce & Amazon FBA Podcast

Norman Farrar

Marketing, Entrepreneurship, Business, Business:entrepreneurship

5 • 1.4K Ratings

🗓️ 31 May 2024

⏱️ 47 minutes

🔗️ Recording | iTunes | RSS

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Summary

On today’s Lunch With Norm, we are with an e-commerce consultant, Aaron Biner! We discussed the effect of the new Amazon fees on the e-commerce ecosystem. Find out what are Amazon seller's options with the new fees. Our guest sales total last year was 1.7MM and looking to push past 3MM in 2024. 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 *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	you're selling the right products, it's actually going to save you money.
0:03.5	And it's true.
0:04.9	It will.
0:05.9	But a ton of sellers are going to pay a little bit extra.
0:09.1	Yeah.
0:10.9	I've had people come on and talk to me about this and say that, well, all they're really trying to do is just wean out the bad sellers.
0:20.4	Yeah.
0:20.7	Yeah. is just wean out the bad sellers. Yeah, then what?
0:21.2	Yeah.
0:34.9	Hey, everyone. This is Norm Ferrari, aka the Beard Guy here. And welcome to another lunch with Norm,
0:35.5	the e-commerce and Amazon FBA podcast.
0:38.3	Today we're discussing the effect of the new Amazon fees on e-com, the e-com ecosystem.
0:46.3	We'll also talk about sellers' options with these new feeds.
0:50.5	Are Amazon sellers over advertising?
0:54.2	And what happens when you back off the total amount of ads you're running?
1:00.2	All right.
1:01.0	As you can tell, Kelsey trusted me with doing all the production stuff that he does.
1:08.6	And I don't do that very well.
1:10.5	So I'll try not to make too
1:11.8	many bloopers, but that's what you guys want to see is bloopers, right? Today we're going to
1:16.7	discuss the effect of the new Amazon fees on the Amazon ecosystem. Our guest has been an Amazon
1:23.4	private label seller since 2018. His sales last year were $1.7 million and looking to push it
	...

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