How does Amazon view net income? How does Amazon increase sales?

For Amazon merchants, the ultimate goal is to sell goods and earn income. When we price goods, we need to consider its cost and profit. Some goods have higher costs and less profit margins, so merchants need to learn to look at net income.

How does Amazon view net income?

In the settlement overview, you can see the total bill of order revenue, buyer refunds, advertising fees, and other transactions generated during the Amazon account period. Generally, the account period is 14 days. At the end of the account period, Amazon will collect or transfer money based on the flow of store balances during the account period. This page can view the current account period or the previous account period.

How does Amazon increase sales?

1. Improve Your Amazon SEO

Think of Amazon as a search engine rather than a digital yard sale, and you’ll have a better idea of ​​how to strategically sell online. It’s all about tactical clicks and reducing misses, and the best way you can do that is by getting your search terms, keywords, and copy right. Educate yourself on the ins and outs of Amazon’s search engine algorithm, and you’ll master this part in no time.

2. Price your items competitively

Think of anything you've bought in your life - a loaf of bread, a car, a set of socks, cutlery - and how much you paid for it. Inevitably, you either bought it when it was on sale or paid more or less than other buyers. This is because merchants re-price based on what the market will bear, such as if your competitor runs out of your price or sets the price a penny below the lowest posted price.

3. Make your pricing strategy consistent with your products

You always want to reprice your inventory, but not at the expense of your brand and image. In real life terms, if you are selling expensive or cheap items, then you should price it that way.

Generally speaking, you don’t want to be 10% more expensive than any other merchant-fulfilled seller, and you also don’t want to be a few pennies less than the cheapest seller. The one exception to the latter is if you see the two of you getting into a price war – exit, as price wars don’t usually leave a winner, and it’s better to readjust your marketing strategy than to continue to lower prices.

4. Play favorites with the most profitable items

If you have kids, you shouldn’t play the favorites game. But when it comes to your single products, by all means, go for the favorites. Your most profitable items are your bread and butter, and you want to treat them like they treat you. Determine what they are by watching pass rates, profit margins, and price trends, then bring in more information to keep your return on investment maximized. But in the meantime…

5. Don’t rest on your laurels

Just because you have a handful of money-makers doesn’t mean the game is over for you and you can relax. In fact, far from it. Now that you’ve achieved a little success, it’s time to dig your teeth in with more determination.

You’ve demonstrated a knack for finding high-margin products, and you have to keep your inventory diversified. Your biggest revenue source isn’t always going to be this, and if you can make other single items fall into place easily after a while, you’ll be set up for the future.

Only net income is the final income of Amazon merchants, because the cost needs to be deducted from the sales. After deducting the cost, the remaining part is the money earned by the merchants themselves. If you still don’t know how to check it, you can refer to the above content.

Recommended reading:

What qualifications are needed to open a store on Amazon Europe?

What does the registration information for Amazon Europe include?

Which countries does Amazon Europe have a presence in? Is it easy to do business?