I’m the founder CEO of an educational e-commerce toy company that did about $7.4 million in sales in 2020
This article is going to tell you what that was like and how things were different in 2020 than in 2019.
Here's a thread of the highlights 1/n: https://www.molsonhart.com/blog/being-an-amazon-seller-in-2020-year-in-review
This article is going to tell you what that was like and how things were different in 2020 than in 2019.
Here's a thread of the highlights 1/n: https://www.molsonhart.com/blog/being-an-amazon-seller-in-2020-year-in-review
Amazon was 93.4% of our sales.
Down from 98.1% of our sales in 2018, which is good!
You can read more here:
https://twitter.com/Molson_Hart/status/1151844581618659328
Down from 98.1% of our sales in 2018, which is good!
You can read more here:
https://twitter.com/Molson_Hart/status/1151844581618659328
This is probably the most interesting datapoint in the whole article.
I broke down the cost of selling on http://Amazon.com vs. http://Walmart.com vs. http://eBay.com vs. our own website.
I broke down the cost of selling on http://Amazon.com vs. http://Walmart.com vs. http://eBay.com vs. our own website.
Here's an explanation for what's driving the cost differences between the marketplaces for e-commerce sellers.
Our website is a great deal less expensive because there are no commissions and shipping per unit is way lower (people make large purchases there, driving down cost).
Our website is a great deal less expensive because there are no commissions and shipping per unit is way lower (people make large purchases there, driving down cost).
My followers got tripled by @ShaanVP so I felt like I needed to rise to the occasion and deliver on "random ecommerce stuff".
Anyways, now that you know our business, tell me what we should do in 2021! What should we do better! Thanks!! https://twitter.com/ShaanVP/status/1344365252993904640
Anyways, now that you know our business, tell me what we should do in 2021! What should we do better! Thanks!! https://twitter.com/ShaanVP/status/1344365252993904640