Rising shipping costs, supply chain issues, and shaking consumer confidence can deeply impact your Amazon business. In this episode, Cyndi and Robyn take a deep dive into how inflation affects Amazon businesses. Also, what you can to ensure you best weather this recent inflation storm.
Links Mentioned
Cyndi Thomason - Bookskeep.com
Robyn Johnson - Marketplaceblueprint.com
Skip to:
00:50 - How inflation is impacting sellers
02:15 - Ways to manage your finances better
04:10 - Fundamental to the Flow of Products and the Flow of money with your money
05:45 - Profitability and Advertising costs
08:50 - What affects the supply chain
11:15 - Taking out loans for business
13:20 - Price Competitiveness
19:00 – Advertising
26:00 – Ways to Reduce your Complexity
30:25 – Involving Employees
33:50 – Identifying things that help your team members feel engage in their work