Guide

How to Sell on Walmart Marketplace in 2020: The Definitive Guide

Estimated reading time: 13 minutes, 30 seconds. Walmart exists to make life easier for consumers. This is clear in everything from their branding to the layout of their physical stores - it’s a one-stop-shop; it’s the most affordable stuff all in one place; it’s trusted, recognizable brands that consumers know and can depend on. Walmart’s fast growing online marketplace is an opportunity for business owners and entrepreneurs to get all the benefits of having their products in a department store, with the convenience and increased reach of ecommerce.

Grow Your Business with a Successful Data-Driven Strategy

Sellers Funding Data Insights is a Game Changer for Amazon Sellers Guest post by SellersFunding. Updated October 2020. Estimated reading time: 3 minutes. It’s no secret that big data is rapidly changing the way companies do business and helping them make more informed decisions. This is why it is vital to have a robust data-driven strategy for your Amazon Sellers business, to stay competitive in today’s evolving marketplace. A successful strategy not only requires a clear vision of your business goals, but it also needs to include how you will:

A Complete List of Walmart Product Categories

A Complete List Of Walmart Product Categories Estimated reading time: 10 minutes. With no set-up or ongoing membership fees, a wide customer base and less competition than many other online platforms, Walmart Marketplace has emerged as a major opportunity for ecommerce sellers. It is important as a seller on Walmart Marketplace that you categorize your items correctly. This not only determines customer experience and visibility, but it directly affects the fees that you will need to pay the platform.

Walmart Advertising Strategy Guide: How To Harness The Power Of Performance Ads

Estimated reading time: 13 minutes. “Retail e-commerce sales projected to pass 4 trillion (14.6% of total retail sales) by 2020.” - Interana Competition is rife in ecommerce, and that’s only set to increase. Whilst studies say that the number of us blocking ads has gone up, that doesn’t mean we should give up on advertising altogether. This is why performance-based advertising is so popular - you only pay for desired actions once you’ve received them.

Walmart Sales Tax - How To Do It The Right Way

Estimated reading time: 7 minutes. Sales tax is one of the greatest challenges for ecommerce sellers in the US. Why? Because compliance requirements differ across the states, and the consequences of getting it wrong can be quite significant. In 2018, the South Dakota vs. Wayfair Inc. ruling changed the tax landscape for remote sellers for good. With this decision came a wave of state-specific rules and definitions of tax nexus, leaving many sellers - small and large - confused about their obligations.

Walmart vs. Amazon: The Changing Landscape For Ecommerce Sellers

Walmart is one of the most recognizable brands in the world. With a momentous footprint in the US, the giant has moved into ecommerce and is taking it by storm. Almost anyone can sell on Amazon. Merchants are in their millions which makes competition rife, selling strategies complex and standards strict. It’s likely that you are already selling on Amazon, and may be intrigued by the new kid on the block - what does Walmart offer that Amazon doesn’t, and should you be getting a piece of the pie?

UK Ecommerce Accounting Software for Amazon FBA and Shopify

Running an ecommerce business in the UK comes with a unique set of challenges and opportunities. Regardless of whether you’re selling on Amazon, Shopify or another digital avenue, you need to have accurate financials in order to make sound business decisions. Many digital entrepreneurs (and their bookkeepers) manually enter the sales or payout data into their accounting system. While it may seem like a suitable solution in the beginning, this can result in more work and a wide range of issues such as reporting errors, difficulties with comparing the performance of different channels and time periods, and challenges when it comes to selling your business down the line.

The Ultimate List of Tools for Amazon UK Sellers

Streamline your operations and get ahead of the competition. Here are the top tools you need to be using if you’re selling on Amazon UK. In 2002, Amazon launched its UK marketplace, allowing third-party sellers to sell their products to local and international Amazon customers. Over the past 18 years, Amazon UK has grown to be the second-largest marketplace in Europe, and thanks to Europe’s version of Fulfilment by Amazon (FBA) – called the European Fulfilment Network (EFN) – over 280,000 UK sellers use the online marketplace.

The ultimate guide to Shopify accounting with A2X

Running a business is often a flurry of admin tasks and never-ending to-do lists, coupled with some testing setbacks and lots of rewarding milestones. Creating and growing a successful e-commerce brand is no different – but don’t let that scare you. When the hard work pays off, the feeling of accomplishment is even sweeter. Like all good things, building and running a Shopify store takes time and effort. At times, the process can feel overwhelming and you might even ask yourself whether it’s all worth it.

Shopify vs WooCommerce: Picking a winner

Choosing the right e-commerce platform for your business At some point, every new e-commerce entrepreneur will ask the same question: which platform should I use to build my store? Both WooCommerce and Shopify have multiple strengths (and weaknesses) and could be the perfect solution for building your online business. Whichever one you choose, you’ll certainly be able to build a powerful and functioning e-commerce store. But here’s the thing – it’s not about which one is the best, but rather which one is right for you.

How to get reconciled Shopify POS accounting

As a busy retail shop owner, your time is spread across a wide range of activities every week. Whether it’s looking after customers, managing staff or setting up your systems for success, the last thing you want to do is create unnecessary work. And while simplicity is a virtue in any business, the retail landscape has grown much more complex thanks to the prominence of the internet. Customers expect us to be present on social media, have an online store, and provide a range of shopping options to suit their preferences.

The authentic buyer’s guide to Shopify automation

Where to automate your business – and with what apps Shopify is one of the biggest names in e-commerce, so big that it’s hard to remember a time when the platform didn’t exist. Over the past 15 years, Shopify has well and truly carved its name into the web application hall of fame, offering traditional retailers and entrepreneurs alike the freedom and wealth of e-commerce. With a myriad of different e-commerce platforms available to today’s keen entrepreneurs, there are many reasons why Shopify’s star shines so bright.

Shopify accounting for dummies - Get your books set up for accounting success

Most people don’t start a Shopify store to spend hours dissecting financial data, but it doesn’t take long for this to happen. Even if you have accounting experience, e-commerce comes with certain nuances that make the job more complex. Although Shopify offers one of the easiest ways to open and manage an online store, lots of business owners struggle to keep on top of their books. With Shopify, this is mostly due to a clunky flow of financial data.

A basic How-To Guide To Fulfil Orders On Shopify

Now that you’ve chosen an in-demand product to sell through your Shopify store, you’ve set up your Shopify account and listed your products for sale, you need to know how to fulfil orders. This basic how-to guide for fulfilling orders on Shopify from A2X will help you choose a fulfilment process that best suits your business, get set up in Shopify, and ensure your customers receive their items well-packaged and in a timely fashion.

The authentic buyer’s guide to Amazon automation

Why, how and with what apps Every online retailers’ dream is to grow a successful business, and while it’s not the reality for some (some products just won’t sell), it has been and can be attainable for many. Since its inception 25 years ago, Amazon has evolved to become the largest online marketplace in the United States. Amazon’s customer base by far exceeds that of its competitors, with 12 marketplaces worldwide generating US$280.

A2X’s Idiot-proof Guide to Making Money with Amazon FBA

Build a successful business that turns a sweet profit Let’s be frank, most people don’t start an Amazon FBA business to simply break even. It doesn’t matter whether it’s a hobby, your side hustle, or full-time income – you want your Amazon FBA business to be making you money. With that in mind, there is no secret recipe, no guaranteed fast-track to the top of the Amazon golden hill of success.

The 10 E-commerce Accounting Principles

The accounting basics you need to know and understand As bookskeep CEO Cyndi Thomason puts it, “E-commerce businesses are really data businesses” – and we couldn’t agree more! While most e-commerce sellers don’t get into business for the accounting, its important to understand your numbers if you’re to grow not only a profitable business – but a healthy one too. bookskeep started like most other e-commerce businesses – out of necessity.

Understanding E-commerce sales tax – a guide

Understanding the basics in the US and overseas If e-commerce sales tax has you scratching your head, you’re not alone. It’s a complicated, ever-evolving beast that not only changes between countries, but in the case of the US, between states as well. While we can’t promise you’ll be an e-commerce sales tax professional after reading this guide, it does cover the basics – and points you in the right direction of where and how to get started with sales tax in the US and internationally.

How to Sell Used Books Amazon FBA

Selling used books on Amazon FBA: How to start a successful used-book business on Amazon Maybe you have a bunch of old books lying around home collecting dust, or perhaps you’ve contemplated starting an Amazon business, but aren’t 100% sure what to sell. Selling used books on Amazon is a great way to get started. If you’re apprehensive about financial risk, selling used books can be a way to launch your business without spending your life savings on inventory.

Shopify Fulfilment Network Guide: What you need to know and how you can leverage this to expand your business

On June 19th, 2019, Shopify announced their largest development to date - the Shopify Fulfilment Network (SFN). Through combining sophisticated machine learning systems with a geographically dispersed network of warehousing facilities, Shopify aims to make it easier for online sellers to successfully grow their brands. “Shopify is known for having simplified the online shopping experience, and we are now taking this one step further — making the fulfillment systems and technology that used to be reserved for the largest companies in the world accessible and affordable to every merchant, even those just starting to take off.

How-To Guide to Collecting Amazon Sales Tax

Collecting sales tax on Amazon - A how-to guide for Amazon sellers in the US and Canada As an e-commerce seller, you know you should be collecting sales tax. Items sold and distributed within the US and Canada are usually subject to sales tax. That part’s straightforward, but how much to collect is a different story altogether. In the US, each state has its own state or local tax rate – some have both.

How-To Guide to Collecting Shopify Sales Tax

Collecting sales tax as a Shopify merchant - A how-to guide for sellers based in the US and Canada Sales tax is a fact of life for all e-commerce sellers. If you’re not currently collecting it, you’re probably not meeting your tax obligations. Every product sold in the US and Canada – whether you’re a local or foreign seller – is 9 times out of 10 subject to sales tax. But the real question, and where things get a little tricky to keep track of – is how much?

The 11 Best Shopify apps for drop-shipping stores

Create a successful business using e-commerce apps Have you always wanted to start your own drop-shipping business? Perhaps you’re already an online entrepreneur looking for ways to better manage your drop-shipping processes. There’s no shortage of drop-shipping apps for Shopify sellers, but there’s a handful that stands out from the crowd. When looking for a drop-shipping app to use, there are a few things you should always consider: Does the app let you choose your products and instantly sync your selection to your Shopify store?

How to Cancel, Close or Pause your Shopify Store

Close your store, cancel your account, or temporarily pause business In business, things don’t always go according to plan. Sales can plummet unexpectedly, life circumstances change, maybe you’re interested in trying a different e-commerce platform or need to take a short break for a family vacation. Whatever your reason for wanting to close – and cancel - your Shopify store, this step-by-step guide will walk you through the process. If you only want to temporarily shut your doors to the public, this guide will also outline how to pause your store until you’re ready to open again.

How-To Guide: Seamlessly Integrate Shopify with QuickBooks

Integrating Shopify with QuickBooks. Step-by-step instructions using A2X Good, accurate accounting is fundamental to the growth and compliance of any business. For small e-commerce sellers, crunching numbers, while essential, is one of those back-office admin tasks that chews up a lot of time and effort. For that main reason, e-commerce sellers often turn to third-party accounting software like QuickBooks to help them automate their business financials. Lots of Shopify sellers currently use QuickBooks, and if you’ve stumbled across this article, we’re guessing you’re in that boat.

How-To Guide: Seamlessly Integrate Shopify and Xero

Integrating Shopify with Xero. Step-by-step instructions using A2X You have your Shopify store, and your accounting software Xero – and now you’re looking to integrate the two. No problem. This how-to guide includes step-by-step instructions on how to sync them up – including using an accounting connector app. “No! Not another app to add to the mix!” we hear you say. But, it’ll be worth it, promise. This guide will take you through how to easily integrate A2X with both Shopify and Xero and why your e-commerce business will benefit tremendously from using an accounting connector.

Sales Tax Nexus Trends – What Amazon Sellers Need to Know

The past year has been unprecedented in terms of sales tax law changes that impact online sellers. The whirlwind began after the U.S. Supreme Court handed down its decision in South Dakota v. Wayfair in June 2018. The Wayfair decision is all about nexus – the level of connection between your business and the state that obligates you to register and collect sales tax. The Supreme Court ruled that physical presence is no longer the main requirement for creating nexus, that it can also be created when a seller’s sales into a state exceed certain economic thresholds.

The Definitive Guide to Shopify Accounting

You’ve finally decided it’s time to open an e-commerce store, and you’ve chosen Shopify as your sales platform. Great job – you’ve made the first step. More than likely you’re now smack bang in the middle of a whirlwind of activity – developing product, building a business plan, devising a marketing strategy – all super important parts of starting and running your own business. You’ve been told the first couple of years in business will be hard – and we won’t lie, it is.

How To Pack Your Products for Amazon FBA

You have decided to use Amazon FBA for your business fulfillment requirements and now you have arrived at the point where it’s time to package your first shipment. You want to make sure that there are no delays, no unforeseen costs, and that your goods arrive at their destination in the same condition they left your business. Why does correct packaging matter? It is not just a matter of packing your products into a box and sending it to Amazon.

Tips for getting started with Amazon FBA, Accounting and doing things the right way

Starting a business is a whirlwind of activity that involves a wide range of different tasks, and presents a unique set of challenges for every startup. Amazon makes it easier to reach paying customers by providing an advanced online marketplace with millions of active shoppers, and offering fulfilment warehousing (FBA) to simplify the logistical side of things. Whilst it is tempting to dive into development and focus on action, some prior research, planning and self-education can make the journey of entrepreneurship much less challenging and significantly reduce your chances of failure.

The Amazon FBA secret recipe for success in 2019

Every year, the Amazon marketplace grows and morphs into something new. What was once an obscure online bookstore has come to dominate online retail throughout much of the world. Here’s some interesting facts and figures: Amazon’s share of the US e-commerce market is now 49%, or 5% of all retail spend - July, 2018. Amazon operates marketplaces in 13 countries and ships worldwide. Amazon entered the Australian market at the end of 2017.

The definitive guide to Amazon 1099K reports for Amazon Sellers

What does the 1099K mean? How do I reconcile a 1099K? Why are the financials not accurate for business management accounting? Introducing the 1099K report from Amazon The Amazon 1099k (or sometimes just called the 1099 or “ten-ninety-nine") is the one report we get asked about so often at A2X; ‘How do I match the 1099K to my sales, how do I know where Amazon gets their numbers, what does this all mean and why does it never easily balances back to your business management accounting?

Understanding Amazon FBA Seller Fees - an A2X Guide

The Fulfillment by Amazon (FBA) program is a great way for entrepreneurs to grow an e-commerce business while minimizing their initial investment. There is no better e-commerce partner in the world than Amazon. However, before you dive into setting up your FBA business, you need to make sure you understand how the program works and the different costs involved. What is FBA? FBA is a program Amazon started several years ago that lets you leverage Amazon’s shipping infrastructure.

Understanding the Cost of Goods Sold for Amazon - an A2X Guide

Part of running a successful Amazon e-commerce business is making sure you always keep an eye on your margins. This includes more than just knowing how much Amazon deposits into your account. You also need to know what your actual gross margins are each month so you can track trends, plan for growth, and spot potential problems. The key to calculating your true monthly gross profit and keeping an accurate set of books is understanding the costs of goods sold.

When to hire an accountant for your Amazon business

Hiring an accountant for your Amazon business can be expensive. And if you’re a startup or small business selling through the Amazon marketplace, doing it yourself can seem like a smart way to save money. But as you grow, your accounts get more complicated. You may need to switch from cash accounting to accrual accounting, and you’ll probably find it harder and harder to handle the information coming in from Amazon – their settlement data is notoriously difficult to reconcile.