EP 16: The Impact of Inflation on Your Amazon Business with Cyndi Thomason
Description
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
United States
