There are only a few of us. In total we are a little more than seven full-time people who manage three companies between us that this year will have invoiced more than 1 million euros on Amazon. Invoicing is not profit and that is why we still have a long way to go.
In 2024 we want to attack the two million in turnover without making new hires. It is totally feasible to scale the business towards those figures but only if we do it by optimizing our activities. One of them is to reduce the number of SKUs where this analysis that I am about to present to you will also influence.
Factors that influence logistics complexity
I have not done this previously yet. I am whatsapp data or rather we are clear that there is such a thing as logistics complexity but we have never evaluated it. Let’s see…
Possibility of buying in large quantities at once: this seems like a basic point but it is not simple, it is the case. Especially in our products that fall partly into the category of collectors, you buy two units here, another one there, etc.
Space and ease of storage
This includes the possibility of having in this way you can watch related videos easy stock control, reduced storage volume and other aspects that have to do with before sending the product to Amazon.
Number of steps before sending: here there may be a preparation process of one or several steps before sending the product. Whether it is fast or rather laborious decides the complexity at this point.
Requires investment in packaging: apart from the cost in preparation time there may be the need to have to invest in some type of packaging to be able to send it. This is not only a cost but also an additional product that must be supplied and kept in stock.
It usually has few quality problems: mainly simple products meet this aspect. Some products require at least a visual check before sending.
Level of listing maintenance
Pokémon listings have a higher level of maintenance than own-brand listings. One of the main reasons is the fact that in third-party brands there is a high risk of listing blocking at some point.
Stock rotation: another aspect that influences is egypt data how quickly a product comes in and out. If it doesn’t rotate quickly, it negatively influences the IPI, which can, in the worst case, limit your ability to send stock to Amazon warehouses.
The perfect product in terms of logistics complexity
There are many factors, and when you think about it, even more than you might have expected. The list above will have a huge impact on the product selection for next year. A considerable number of SKUs will not be able to pass through the future filter that we will apply.