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In this episode of Amazon Data Dudes, hosts Will Christensen, Nhan, and Brandon discuss the complexities of selling on Amazon, especially regarding handling Amazon fees to maintain profitability. Nhan, an eight-figure seller, introduces a new report designed to help sellers track various Amazon fees, such as storage and advertising, to avoid unexpected losses like the one his friend encountered due to a fee change. He emphasizes the importance of monitoring these fees closely, as Amazon's charging patterns can lead to significant, unnoticed costs. Brandon explains the technicalities of building such a report, highlighting their use of the finances API for real-time data and the efforts to consolidate and reconcile financial data accurately. The episode underscores the value of this reporting tool in identifying anomalies in fee charges and helping sellers make informed decisions to protect their margins.
Timestamps:
00:00 Introduction to Amazon Data Dudes
00:21 Unveiling a New Report for Amazon Sellers
00:24 The Importance of Monitoring Amazon Fees
01:38 A Real-World Example of Fee Oversight
02:52 Building a Comprehensive Fee Monitoring Tool
06:25 Technical Insights: Creating the Amazon Fees Report
08:18 Wrapping Up and Future Episodes
By SellerLabsIn this episode of Amazon Data Dudes, hosts Will Christensen, Nhan, and Brandon discuss the complexities of selling on Amazon, especially regarding handling Amazon fees to maintain profitability. Nhan, an eight-figure seller, introduces a new report designed to help sellers track various Amazon fees, such as storage and advertising, to avoid unexpected losses like the one his friend encountered due to a fee change. He emphasizes the importance of monitoring these fees closely, as Amazon's charging patterns can lead to significant, unnoticed costs. Brandon explains the technicalities of building such a report, highlighting their use of the finances API for real-time data and the efforts to consolidate and reconcile financial data accurately. The episode underscores the value of this reporting tool in identifying anomalies in fee charges and helping sellers make informed decisions to protect their margins.
Timestamps:
00:00 Introduction to Amazon Data Dudes
00:21 Unveiling a New Report for Amazon Sellers
00:24 The Importance of Monitoring Amazon Fees
01:38 A Real-World Example of Fee Oversight
02:52 Building a Comprehensive Fee Monitoring Tool
06:25 Technical Insights: Creating the Amazon Fees Report
08:18 Wrapping Up and Future Episodes