This episode uncovers the hidden fees and complexities of selling on Amazon FBA, revealing why many sellers misunderstand their true profitability. Vladi Gordon, founder of Sellerboard, joins to explain how to accurately calculate profit beyond basic FBA fees, covering often-overlooked costs like long-term storage, returns processing, and the true impact of advertising spend. It's a critical listen for any Amazon seller looking to optimize financial performance and avoid common pitfalls.
Key takeaways
Implement a robust profit tracking system, like Sellerboard, to account for all Amazon fees beyond basic FBA, including less obvious costs like long-term storage, removal orders, and return processing.
Don't underestimate the impact of Amazon PPC advertising; accurately integrate ad spend into your profit calculations to understand true product profitability.
Be aware of common accounting discrepancies on Amazon and regularly reconcile your financial data to avoid losing profit due to platform errors or hidden charges.
Factor in the cost of goods sold (COGS) and shipping to Amazon warehouses, not just FBA fees, for an accurate understanding of your inventory's true cost.
Analyze individual product profitability after all fees and ad spend to identify underperforming products and areas for margin improvement.
Today, I'm thrilled to have Vladi Gordon on the show. Vladi is the founder of Sellerboard, a software that helps you track profit and loss when selling on Amazon FBA. Having sold on Amazon for seven years now, I know that there are many hidden fees when selling on the platform. In this episode, Vladi and I reveal the ugly truth about selling on Amazon and how to calculate your true profit.
What does this episode say about amazon & marketplaces?
Implement a robust profit tracking system, like Sellerboard, to account for all Amazon fees beyond basic FBA, including less obvious costs like long-term storage, removal orders, and return processing.
What does this episode say about analytics & attribution?
Don't underestimate the impact of Amazon PPC advertising; accurately integrate ad spend into your profit calculations to understand true product profitability.
What does this episode say about finance & fundraising?
Be aware of common accounting discrepancies on Amazon and regularly reconcile your financial data to avoid losing profit due to platform errors or hidden charges.
What does this episode say about amazon & marketplaces?
Factor in the cost of goods sold (COGS) and shipping to Amazon warehouses, not just FBA fees, for an accurate understanding of your inventory's true cost.
What does this episode say about amazon & marketplaces?
Analyze individual product profitability after all fees and ad spend to identify underperforming products and areas for margin improvement.
