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Forecasting your product demand is inevitable when running an Amazon FBA business - if you don't do it right, you are risking getting out of stock which leads losing your customer's trust, ranking, and overall business performance.
In this video, Nater Youngchild from D8taDriven breaks down 3 kinds of data that you should know about when forecasting product demand as well as how to use it and what tool can help you with it.
👉 Learn more about D8taDriven here: www.carbon6.io/d8adriven
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🔶 Topics covered in the video:
➤ 00:00 Intro
➤ 00:46 About D8taDriven
➤ 02:14 Types of data to consider
➤ 03:18 Why focus on forecasting and inventory
➤ 04:40 What happens if you do forecasting wrong
➤ 06:08 What data predicts sales?
➤ 07:52 Which specific metrics have the biggest influence?
➤ 14:04 Where to find all this data?
➤ 18:04 The problem
➤ 18:28 Inventory planning
➤ 20:39 Things to pay attention to
➤ 23:27 Contact Nater
➤ 23:47 Sellers are not aware of how to categorize data
➤ 24:15 How to do forecasting for a new product?
➤ 32:35 How does D8taDriven help Amazon sellers?
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🔶 About CARBON6
Carbon6 is building a community to support e-commerce sellers, removing the barriers to selling online. Developed by the brightest minds in the Amazon seller ecosystem, their software tools and resources help entrepreneurs succeed at every stage of their journey.
Also try these tools by Carbon6:
PIXELME - Advertising platform for Amazon sellers
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PPC ENTOURAGE - Software to scale Amazon ads
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🔶 Video host - LISETT LEES
Lisett is an Amazon FBA Expert and Strategist who works with different brands helping them to stay on top of the Amazon game. She advises business owners on setting goals and managing the store, helps to create optimised product pages and use Seller Central tools to build the best customer experience for the buyers in order to get more sales for the sellers. Since she started out in 2016 as an Amazon virtual assistant, her mission has been to help businesses run their Amazon stores cost and time efficiently.
👉 Learn more about Lisett and how she helps Amazon FBA businesses: lisettlees.com/
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🔶 About AUGUSTAS KLIGYS
Known in the business simply as the “Amazon Summits Guy”, Augustas is committed to providing others with the opportunity to achieve success by offering powerfully informative expert sessions and guides to becoming a top Amazon seller. He has recorded over 400 sessions with Amazon industry leaders, experts and speakers. Augustas is also the founder of Orange Klik Company and the following in-person events for Amazon sellers: European Seller Conference, Seller Fest and PPC Congress.
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🔶 About ORANGE KLIK
Orange Klik connects Amazon FBA private label sellers with leading industry experts to help you turn your online business into a massive success. No matter if you are a beginner, still figuring out how to make money online, or an advanced Amazon seller with a strong experience in eCommerce, on this channel you will find up-to-date tips and expert recommendations for sellers of all levels of experience.
👉 Learn more about what we do: orangeklik.com/
#AmazonFBA #ProductDemandForecasting #SellingOnAmazon
17 авг 2024
