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Financial/Accounting

Keeping your 3PL in check

Keeping your 3PL in check

A 3PL (Third Party Logistics) service is a 3rd party warehouse that stores, ships, and receives goods on your behalf. If you use a 3PL in an e-commerce environment, you've probably faced challenges in auditing the inventory levels of the 3PL. There are two needs for...

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Inconsistency of data for Amazon Financial Adjustments

Inconsistency of data for Amazon Financial Adjustments

You may have read our previous blog post titled "A Breakdown of Amazon Fees" One of the "Adjustment" financial events we listed was "ReturnPostageBilling_postage". This was a shipping fee to compensate the buyer for shipping items back when seller was at fault. It...

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Keeping your 3PL in check

A Breakdown of Amazon Fees

Selling on Amazon is tough. Many sellers operate losing money and don't even know it. The main reason for this on Amazon is: Amazon is a price-driven marketplace that strongly encourages lower prices by sellersAmazon charges a lot of fees and many sellers don't have...

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True Profit vs. Gross Profit: Calculating Profitability

True Profit vs. Gross Profit: Calculating Profitability

As an E-commerce seller, deciding which products to sell is vital.

Often, there are hidden costs relating to a product that don’t factor into our calculations. This leads to potentially bad decisions for choosing where to allocate limited investment capital, or worse, can lead to products we think are profitable that are actually losing money!

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Who I am

Kalvin Mizzi

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