#893: 7 Core Competencies of an Amazon seller part 7- BUSINESS ACUMEN

Silent Sales Machine Radio

In this episode of our continuing series on the 7 Core Competencies of Amazon Replens, we explore how to make Business Acumen a core competency in your business.

Brian and Robin Joy cover the three essential governors of any Amazon replens business—time, money, and ASINs—and how mastering business acumen can help you make better decisions quickly.

Learn about managing your cash flow, customer feedback, and inventory, plus tips on time management, establishing policies and procedures, and building strong relationships with vendors. We’ll also discuss the importance of KPIs, knowing your numbers, and the mindset needed for success. Tune in to strengthen your business acumen and set yourself up for long-term success on Amazon!

Our special guest and legal advisor at the conclusion of today's show, Jeff Schick of JeffSchick.com discusses deleting shipments to avoid split shipments and the possibility of how Amazon may hit you as a seller with fees even if you are using a prep center.

Watch this episod on our YouTube channel here: https://youtu.be/sRmuhXSm0dA

Show note LINKS:

SilentJim.com/bookacall - Book a call here to discuss our offers including coaching, legends and ProvenAmazonCourse.com course

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ProvenAmazonCourse.com - The comprehensive course that contains ALL our Amazon training modules, recorded events and a steady stream of latest cutting edge training including of course the most popular starting point, the REPLENS selling model. The PAC is updated free for life!

JimCockrumCoaching.com - Get a free session with a business consultant on our team at 1-800-994-1792 / 1-801-693-1688 or TEXT US at 385-284-7701 (US & Canada only for Text) ALL of our coaches are running very successful businesses of their own based on the models we teach here!