E-commerce by MJ

26/08/2023

Amazon Virtual Assistant Lacture 1 about e-commerce

26/08/2023

1. What is FBA❓
Fulfillment by Amazon (FBA) is a service offered by Amazon that allows sellers to store their products in Amazon's fulfillment centers. Amazon then takes care of the entire order fulfillment process, including storage, picking, packing, shipping, and customer service.
2. How does it work❓
🌟 Here's how FBA works 🌟
⭐Product Setup:
Sellers create listings for their products on the Amazon marketplace, just like any other seller. They can indicate that they want to use the FBA service for those products.
⭐Product Shipment:
Sellers prepare their products according to Amazon's packaging and labeling requirements. They then ship the products to one of Amazon's fulfillment centers. Amazon will provide guidance on how to label and package items to ensure smooth processing within their warehouses.
⭐Inventory Storage:
Once the products arrive at the fulfillment center, Amazon stores them in their warehouses. Amazon's advanced inventory management system tracks the products, and sellers can monitor their inventory levels through their seller accounts.
⭐Order Placement:
When a customer places an order for a product fulfilled by Amazon, Amazon's system automatically detects the order and selects the product from the available inventory in the nearest fulfillment center.
⭐Picking and Packing:
Amazon employees, known as "pickers," locate the ordered product in the warehouse, and then "packers" package the product according to Amazon's packaging standards. Amazon takes care of using appropriate packaging materials and ensuring the product is ready for shipment.
⭐Shipping:
Amazon handles the shipping process, including selecting the shipping method, generating shipping labels, and arranging for the product to be sent to the customer's address. The customer receives shipping notifications and can track the package's progress.
⭐Customer Service:
Amazon's customer service team handles any customer inquiries, issues, or returns related to FBA orders. This includes addressing concerns about shipping, delivery, and product quality.
⭐Returns:
If a customer wants to return a product, Amazon manages the returns process as well. Depending on the condition of the returned product, Amazon may decide whether to repackage it and return it to inventory, or dispose of it if it's damaged or unsellable.
⭐Fees:
Sellers using FBA pay various fees to Amazon, including storage fees for keeping their products in Amazon's warehouses and fulfillment fees for each order that Amazon processes and ships.
3. What are the BENEFITS of FBA❓
🌟BENEFITS OF FBA FOR SELLERS🌟
Prime Eligibility: FBA products are usually eligible for Amazon Prime, offering customers fast and free shipping.
Customer Trust: FBA products often carry a higher level of customer trust due to Amazon's reputation for reliable fulfillment.
Scalability: Sellers can leverage Amazon's vast fulfillment network without needing to manage their own warehouses or logistics.
Time and Effort Savings: FBA allows sellers to focus on product development and marketing rather than handling fulfillment logistics.
🌟IMPORTANT👇
⭐Fulfillment by Amazon can be a valuable option for sellers looking to expand their reach and streamline their operations, but it's essential for sellers to understand the associated costs, requirements, and policies before enrolling in the program.⭐

19/07/2023

What is Amazon? || Introduction of Amazon || How does it work?

18/07/2023

What is E-commerce? How does it Work?
||Types of e-commerce||

16/07/2023

Amazon Revenue 2010-2023 in different marketplaces | AMZN

"Revenue is the sum of money that a business receives from its clients in exchange for the sale of goods or services. When calculating net income, all costs and expenses are deducted from revenue, which is the top line item on an income statement".
•Amazon revenue for the quarter ending March 31, 2023, was $127.358B (Billion), a 9.37% increase year-over-year.
•Amazon revenue for the twelve months ending March 31, 2023, was $524.897B, a 9.87% increase year-over-year.
•Amazon annual revenue for 2022 was $513.983B, a 9.4% increase from 2021.
•Amazon annual revenue for 2021 was $469.822B, a 21.7% increase from 2020.
•Amazon annual revenue for 2020 was $386.064B, a 37.62% increase from 2019.

15/07/2023

1- What is E-commerce? How many types of E-commerce Businesses?
Answer
E-Commerce:
E-commerce, also known as electronic commerce or internet commerce, refers to the buying and selling of goods or services using the internet.
E-commerce has brought people and the rest of the world together, creating a lot of competition. Customers today are able to enjoy a wider variety of goods and services at extremely competitive prices. Today you see numerous online trading platforms, operating in different ways to fulfil customer needs and wants
Types of Ecommerce:

There are two types of Ecommerce:

 Business to Business – B2B
 Business to Consumer – B2C

Business to Business- B2B:

A B2B model focuses on providing products from one business to another business. For example, dealing
with a manufacturer or supplier for a specific (Especially Large) quantity of units. (Ali Baba Etc.)
Business to Consumer- B2C:

The Business-to-Consumer ecommerce is related to the transactions and relationship between
businesses and the end customers. For example Amazon, Daraz and ebay
Regards: MJ-ecommerce

14/07/2023

O You who believe! when the call is proclaimed for Jummah (Friday Prayer), come fast to the remembrance of Allah. – Quran 62:9

Remember MUSLIM UMMAH in your prayers😊♥️

14/07/2023