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Seller Roundtable: [Understanding your IPI Score and Inventory Dashboard to Better Manage your Inventory] - Shared screen with speaker view
Amazon - Serene
23:49
We're live on FB! https://www.facebook.com/agssea/videos/303840418492527/
Amazon - Natalie
24:59
Hi everyone, we will be starting in 5minutes to allow everyone to stream in :) Meanwhile if you have any questions, please feel free to pop it in the group chat
KC (Amazon Ambassador)
28:40
i disabled my video, hopefully able to have a clear voice, as i'm outside now
Norman Zainal
33:19
Question for Ivan: What is your brand name on Amazon?
KC (Amazon Ambassador)
42:04
Yes, the 3rd party warehouse in the market place
Norman Zainal
42:52
Is it essential to engage a 3PL warehouse to support FBA business?
Amir Biran - Amazon Seller Ambassador
43:34
NZ, I belive it's a must to have a 3PL warehouse
KC (Amazon Ambassador)
43:34
it's not a must, but it helps. when you make withdrawal, you also need a 3rd party warehouse
Amir Biran - Amazon Seller Ambassador
43:47
In the USA you have a lot of warehouses that working with Amazon
Amir Biran - Amazon Seller Ambassador
43:57
In Europe it's a bit more difficult, but also posible'
Norman Zainal
44:32
Thanks guys. But does this extra layer really affect the business? Or is it manageable? Any tips?
KC (Amazon Ambassador)
44:39
I'm sorry my dear participants, i have an urgent matter that i need to leave now.
Amazon - Natalie
44:47
thanks KC!
Norman Zainal
44:58
Have a good day KC
KC (Amazon Ambassador)
45:27
Sorry for all the inconvenient caused
Deidre Foo
45:46
What is the benefit for "fulfilment by Amazon" vs "fulfilment by merchant" when selling in US marketplace?
Norman Zainal
46:05
Question for Amir: What is your brand name?
Amir Biran - Amazon Seller Ambassador
46:25
NZ - it does effect the business, you need to add this costs to your P&L and forcast, and adupt your product price accordingly
Norman Zainal
47:05
Thanks Amir!
Amir Biran - Amazon Seller Ambassador
47:34
most welcome
Amir Biran - Amazon Seller Ambassador
47:53
my brand name is Oddbods
Amir Biran - Amazon Seller Ambassador
48:06
check us out on Netflix if you have small kids ;)
Norman Zainal
48:36
Thanks! I wish you all the best! And sure will check you out on Netflix too!
Rachel Khoo
50:58
How do you predict future sales if its a new product?
Amazon - Natalie
53:19
For those who want to learn more about the definitions and some common calculations, you may check out this article: https://sell.amazon.com.sg/blog/inventory-turnover
Norman Zainal
53:28
Question to all: How did Philip, Amir, Ivan decided on that FIRST product to begin sell on FBA? Tips please
Philip - Amazon Seller Ambassador
55:24
Hi Zainal, no magic product. Research on your keyword with high volume and get started.
Norman Zainal
55:57
Cheers Philip, nice tip!
J J
57:04
Hi Philip/Ivan/Amir, how long did you wait till you decided a particular ASIN is slow moving and that you should remove it from FBA?
Deidre Foo
59:22
Do you make sure you will always win the "buy box" price?
Amir Biran - Amazon Seller Ambassador
01:00:33
before I remove a product, I make sure I did everything I can to improve the salthrough: is my listing fully optimise? are my images and copy are good? does my PPC strategy fully optimised? how's my listing reviews? If I did anything I know to do and it's still don't move, I will drop price and try to clear inventory. You win some you lose some :)
CT Tan
01:01:09
what is the most cost effective way to remove the aging stock?
Amir Biran - Amazon Seller Ambassador
01:11:36
I heard that Ship Hero is also a good app to manage inventory
Amir Biran - Amazon Seller Ambassador
01:11:49
Order Hive as well
Amazon - Natalie
01:12:08
https://www.sostocked.com/, https://www.orderhive.com/
Amazon - Natalie
01:12:32
https://shiphero.com/software/
J J
01:22:19
Hi Philip, how can we check how many units our competitor is selling?
Norman Zainal
01:23:11
JJ I believe u can get that info from the software u use eg Jungle Scout etc
Philip - Amazon Seller Ambassador
01:23:27
Hi J J you can check using software like H10 etc
Philip - Amazon Seller Ambassador
01:23:42
Sorry Helium 10 and jungle Scout
Monitar
01:24:43
Hi there, any possibility of sharing 3PL to us who are interested in the US market? Thanks.
Philip - Amazon Seller Ambassador
01:25:29
You can check shipbob
Monitar
01:25:45
Thanks very much, Philip.
Norman Zainal
01:26:27
What are Vines?
Norman Zainal
01:27:16
Yes do more on launch strategies please!
Amazon - Natalie
01:27:17
Amazon Vine program is where Amazon invites trusted reviewers on Amazon to post opinions about products to help their fellow customers make informed purchase decisions. :)
Deidre Foo
01:27:28
im grateful to the ambassadors sharing, super rich!
Norman Zainal
01:27:40
Thanks to all the ambassadors
Amir Biran - Amazon Seller Ambassador
01:28:13
most welcome, we all been in your shoes, it's tough at the beginning, happy we can help
Norman Ang
01:28:41
Thanks to all ambassadors
Ivan Ong
01:28:47
Chat more in the telegram.. lol
Monitar
01:28:52
thanks very much to all ambassadors. very good session
Wendy Lee
01:29:02
Thanks!
Philip - Amazon Seller Ambassador
01:29:19
Thank you everyone
Norman Ang
01:29:29
Thank you all .byr
J J
01:30:07
could you share the telegram link please?