(Money Matters) Amazing Amazon - Kasfia Rashid

Kasfia Rashid - “Money Matters with Kash the Bookkeeper”

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Introduction: 
Hello and welcome to week 2 of our 10 week Build a Business boot camp! 
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Amazon is the world’s largest marketplace. If you aren’t selling on Amazon- WHY NOT!?!? Let’s fix that this week! 

Listen>Apply>Engage
Show Objectives - The Why

Over half of the products sold in Amazon’s store come from small and medium-sized businesses. “At Amazon, supporting small and medium-sized businesses (SMBs) is a fundamental part of our work and an extension of our customer-centric culture. We see value in investing in the success of sellers, artisans, authors, package-delivery and logistics services, and software developers. When they thrive, our customers benefit from the products and services they offer. That’s part of the reason that over the course of 2019 and 2020, Amazon will have invested more than $30 billion in logistics, tools, services, programs, and people to foster the growth of our SMB sellers.” 

Besides selling your products on Amazon, Amazon has a suite of services designed for small businesses but most don't take advantage of them, mainly because they don’t know about them! 

What You Need to Know - The What

OH AMAZING AMAZON! How I love thee… let me count the ways… 
No really. You may think you need to be some large manufacturer or big drop shipper with overseas connections to take advantage of the whale that Amazon is. But you couldn’t be farther from the truth! Selling products on Amazon is just the start of the multi billion dollar pie. Check out these helpful sites for more details! When I say it’s too much to include here, I mean it! 

1. Small business resources: https://sell.amazon.com/small-business.html 
2. App developers: https://developer.amazon.com/?initialSessionID=apay%3D147-2220821-4716029&ld=AZUSSOA-seemore
3. Online store: https://sell.amazon.com/build-an-online-store?ref_=sdus_soa_baos_f
4. Seller university: https://sell.amazon.com/learn?ref_=sdus_soa_su_f
5. Amazon business credit: https://www.amazon.com/dp/B07CBJQS16?pr=ibprox&plattr=CCLFOOT&place=camp&ie=UTF-8&ref_=footer_ccl
6. Amazon credit card! https://www.amazon.com/dp/B07984JN3L?plattr=ACOMFO&ie=UTF-8
7. Amazon affiliate market: https://affiliate-program.amazon.com/?initialSessionID=apay%3D147-2220821-4716029&ld=AZUSSOA-seemore 

What You Need to Do​​ - The How

Quick summaryFollow these steps to showcase your brand on Amazon. 

1. Create a Professional seller account.
2. Enroll your brand in Amazon Brand Registry.
3. Add products and use A+ Content to customize your Amazon listings.
4. Create a unique storefront for your brand using the Amazon Stores tool.
5. Use more tools to grow and distinguish your brand—all included with your seller account.

Let's talk numbers

The cost to sell on Amazon depends on your selling plan, product category, fulfillment strategy, and other variables. The options are flexible, so you can find the combo that works best for you and your goals.  https://sell.amazon.com/pricing?ref_=sdus_soa_priov_n

Lastly: Check out this AMAZONG ( see what I did there?! ) Seller Central: https://sellercentral.amazon.com/gp/help/external?ref_=sdus_soa_xscus_help&initialSessionID=apay%3D147-2220821-4716029&ld=NSYahoo 


Additional Resources 

1. Check out Kash’s Youtube Playlist: Bookkeeping basics for small business owners. 
2. Get this affordable guide to reconciling any account quickly and accurately! Click here: https://kashthebookkeeper.com/paid-resources/ and scroll down to Reconcile any business or personal account in 4 easy steps!! On Sale now! 
3. Want more KASH? Sign up for the free newsletter! 

Shows: 
Previous: Season 5 Intro
Next: Digital Banking with Paul Reily! 

​Written by Kash the bookkeeper  
Check out the last QuickBooks Online Tutorial you will never need here! 

You can connect with Kash on any of her seriously social platforms under the handle @Kashthebookkeeper

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