Follow the Money

Follow the Money

One major mistake many Amazon sellers make is to assume that other people are watching out for them in their business. Whether it be their supplier, their bank, or even Amazon itself, some people make the mistake of thinking that these types of partners will watch out...
What is Your Time Worth?

What is Your Time Worth?

A professor in college once told me that my time was worth $400/hour and that any activity that didn’t amount to that figure should be outsourced to someone else. I nearly fainted. My time? $400/hr? Yeah right! To this day, I still think his figures are overinflated –...
ProfitVine = The Right Way

ProfitVine = The Right Way

Our philosophy with Amazon is simple – we do things the right way. Period. We don’t believe in blackhat techniques, underground strategies, or questionable tactics. We firmly believe that to be successful long-term in any business, you have to do things above board....
How to Save Money on Storage Fees

How to Save Money on Storage Fees

Did you know that Amazon is charging you monthly storage fees on all of your inventory in their fulfillment centers? If you didn’t – THEY ARE. And they’re not cheap! There are a few ways to figure out your cost, but the easiest and cleanest way is to run a...
Price Elasticity of Demand

Price Elasticity of Demand

Ok, time to get our nerd hats on. No, seriously — this lesson comes straight out of the college campus lecture from Macroeconomics. Today’s blog post revolves around a concept known as Price Elasticity of Demand. Say that five times fast (but do it in front of...