In this episode of our continuing series on the 7 Core Competencies of Amazon Replens, we explore how to make Business Acumen a core competency in your business.
Brian and Robin Joy cover the three essential governors of any Amazon replens business—time, money, and ASINs—and how mastering business acumen can help you make better decisions quickly.
Learn about managing your cash flow, customer feedback, and inventory, plus tips on time management, establishing policies and procedures, and building strong relationships with vendors. We’ll also discuss the importance of KPIs, knowing your numbers, and the mindset needed for success. Tune in to strengthen your business acumen and set yourself up for long-term success on Amazon!
Our special guest and legal advisor at the conclusion of today’s show, Jeff Schick of JeffSchick.com discusses deleting shipments to avoid split shipments and the possibility of how Amazon may hit you as a seller with fees even if you are using a prep center.