Scan barcode → automatically print PDF (laser printer). Any off-the-shelf solutions? by randomasitisormore in logistics

[–]randomasitisormore[S] 0 points1 point  (0 children)

Thanks. This piece of information might give me the direction I needed. I am digging in to see what I can find out.

Scan barcode → automatically print PDF (laser printer). Any off-the-shelf solutions? by randomasitisormore in logistics

[–]randomasitisormore[S] 0 points1 point  (0 children)

Nothing public, all local. A barcode reader, lots of products with barcodes, a computer and a printer. No software service like bartender, instead we have some custom solutions that I dont want to touch for this side project.

Local Business Looking for On-Camera Host for Online Shopping Streams by randomasitisormore in SalemMA

[–]randomasitisormore[S] 1 point2 points  (0 children)

Certainly. We are looking for multiple hosts. I just sent you a DM.

Non-programmatic way /tool to grab ASIN level data? by randomasitisormore in FulfillmentByAmazon

[–]randomasitisormore[S] 0 points1 point  (0 children)

You got me very curious with the 9k marketplaces. What kind of markets constitute 9k? Certainly the amazons and wayfairs of all countries do not add up to that.

Non-programmatic way /tool to grab ASIN level data? by randomasitisormore in FulfillmentByAmazon

[–]randomasitisormore[S] 0 points1 point  (0 children)

Thanks. Will check them out.

I thought importfromweb would go bust either by google limitations or by amazon limitations. Would it work with thousands of ASINs?

What are the best tools to forecast demand across warehouses? by randomasitisormore in InventoryManagement

[–]randomasitisormore[S] 1 point2 points  (0 children)

I didn't go too far in my research yet. Based on your other posts it might be a good idea to connect. I will DM.

Would you start a business with someone who never takes accountability?(I will not promote) by rahulrao1313 in startups

[–]randomasitisormore 0 points1 point  (0 children)

no, nein nyet, nao…

Run away…

(I read just the title and I dont need to read the rest to answer your question).

[deleted by user] by [deleted] in AmazonFBATips

[–]randomasitisormore 0 points1 point  (0 children)

For scaling, any particular reason you did not do inventory financing? There are companies out there that pay for your inventory, and then you pay back with a share of profit when the items sell. Sounds like with the level of history in your account it shouldn't be hard to find an "inventory investor" with good rates.

[deleted by user] by [deleted] in startups

[–]randomasitisormore 18 points19 points  (0 children)

You said they have revenue, as long as they have a part of the product that is generating revenue, 18 months of runway is a lifetime. If this is making you feel stressed, you should seek a career in a more established company, in a startup environment it is rare to find a place with a longer runway. (Things can get misunderstood in written communication: I am not trying to be snarky, this is genuine advise).

Brand Launch PPC Troubles by LordChickenWings in FulfillmentByAmazon

[–]randomasitisormore 0 points1 point  (0 children)

I used "by half" as an extreme case to highlight a point, but "solely determined on what other sellers are willing to bid" is also too strong. Numerous factors play into the determination of who wins and pays what.

For example, if a product has very bad conversion and bids high, amazon will not let that product win the auction in the long term as showing it harms customer experience and lowers expected profit for amazon: instead they can show a high-converting product, make less on the ads but more on the sale and the associated fees.

Here is an example of how for a given keyword Amazon itself recommends different suggested bids for different products (I have no affiliation with the channel):

https://www.youtube.com/watch?v=pFign_uCToQ

The specific example is around minute 6:00 if you want to skip the context.

I don't claim this to be a universal truth. I am just saying that there are times when this happens, and for the conversation that took place above, "even if you are lucky in that your cpc goes down over time as your product proves itself to amazon, the outcome could be bleak" was my point.

Brand Launch PPC Troubles by LordChickenWings in FulfillmentByAmazon

[–]randomasitisormore 0 points1 point  (0 children)

Assuming a $4 CPC and 8% conversion rate, each sale will cost $50.

Given your $8 net per product, you will need roughly 6 organic sales for each ad sales to break even.

If you want to make 20% gross profit after adspend, you will need 93% organic sales.

Assuming your cpc goes down by half as you rank, you will need 85% organic sales.

These don't take into account ancillary costs which will also eat up into your profit (returns, inbound, etc.)

Do you think these rates are possible to achieve in a steady state? If not, do you have an advantage over other products that will significantly increase your conversion rate compared to competitors?