How to track your Amazon Selling Profit Using SellerBoard for Retail Arbitrage FBA Sellers
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- Опубліковано 29 чер 2024
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00:00How to track your Amazon Selling Profit Using SellerBoard for Retail Arbitrage FBA Sellers
2:00 Using SellerBoard to Track Profit
10:39 SellerBoard Product Review Requests with AutoResponders
14:23 Getting MoneyBack from Amazon for Lost and Damaged Inventory with SellerBoard
17:11 Checking for Return Reimbursements
19:01 SellerBoard Fee Change Report
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Thanks for this helpful vlog of yours 😍
Very well explained!
Thank you Nikkie will give a try.
Hi Nikki, love Your videos, so much value! Could You please specify: when You use sku with store name and price, does that price on ur sku include sales tax we pay to the store when doing online arbitrage, or is that sku number just simply the price you paid after discounts (not including the sales tax the store charges).
Hey Nikki! Thanks for the content. For sellerboard do you log your inventory cost into the expenses tab or do you just let COGS handle this?
Hey @NikkiKirk, Thank you for your video. How do you update your COGS when you replenish at different costs?
Quick question.. if we are also using inventory lab , is almost the same when tracking the profits ? Thank you for your videos
Now watching here
I use Sellerboard as well in the exact same way. When I update COG, one tip is to go to products then sort on COG descending order so that I get all the zero dollar items together so that I can quickly see and update those not set. :)
Thanks this is helpful! Are you entering in your other expenses such as polybags, boxes, sellerboard subscription fees into Sellerboard to get your true profit or do you use something else?
@@aleessanernberg3029 yes, I enter all expenses and I also include cash back and anything that I see as a financial component to the business
How do i add my cash back %
@@Alex-zz1yw I always do cash back as a negative expense. I don’t know how to do %, just flat amount.
Thank you for your video. I have been playing with Sellerboard's trial. I would like to utilize the "lost and damaged," reports. Do you know which level gives you this option? It appears that NONE of them do.
Hey Nikki great video! Where are you entering in expenses such as subscription fees, polybags etc to get your true profit?
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Nikki THANK YOU so much for this content. You are amazing and love how cut and down to the point. I have a question pls. In COG, do you only add the product's cost or also sales tax you paid on that product? Thank You!
I add the sales tax to the COG, unless I can get reimbursed or exemption
Thanks a lot Brian N
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what app do you recommend for scanning receipts? Would it be hard to get the receipts scanned using a different app, then adding them to sellerboard?
I noticed you didn’t have anything in expenses. Do you use a Repricer? I put those fees in mine along with my VA
Thank you for the video. I have a question about how to treat cash back from Rakuten and credit cards. Do you factor these savings into your cost accounting for taxes, or is the cash back nontaxable?
i know this is late but if your still needing the answer, cashback is nontaxable. When im sourcing i dont usually look at cashback as part of my profit, just think of it as a little gift every couple months when they send your check
1st🔔🔔🔔
For return shipping do people use their home address? or a PO box? Or something of the sort
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Hi Nikki, Does this app syncs with Amazon seller central?
Thanks for 👆viewing you have made such an anstonishing comment that got my attention write me at the above number for more enlightement and insight message me on the above number for full course and mentorship ❤️
Hey! Yes it does, it even pulls the shipping FBA fees paid
Thank you.
Hey Nikki, the reviews for this app are really bad on the app store.
I don’t know why, I love it! It’s a view only really you can just see your sells and profit and you do all the work in the desktop version, the app is a part of your desktop subscription. Yes it be nice if I could enter my cost of goods right in the app but it’s not a deal breaker for me because as I mention in the video, visually seeing what is selling and how much money I am making each month or day is needed and worth it
Do you include sales tax in you cogs?
I am curious about this as well. How to you calculate that with your COGS?
Hey Nikki, grateful subscriber here. Thank you so much for your videos! Can you tell me some numbers? When doing retail arbitrage, about what % of your inventory turns over every month?
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Do you use the promos or offer any promos from Amazon. Do you do advertising and if so what do you recommend
I do not because im buying and selling stuff that’s already selling so doesn’t need any help
I just keep feeding the beast but sales are really slow. Only have 1 review hoping they pick up soon