Amazon Introduction :

What is Amazon - is now the biggest eCommerce store in the world it operates in
multiple countries and America is the primary and started it

What is Amazon arbitrage - buy product cheap and sell high

What is the deal or leads meaning - searching for a different product in various
websites or retailers at a low price and selling high that will meet the criteria or client KPI.

Amazon Terminologies:

FBA
Fulfillment by Amazon (FBA) - is an E-commerce service in which 3rd party vendors store
their products in Amazon fulfillment centers and pick, pack, ship, and handle customer
service.

FBM
Fulfillment by Merchant or Merchant Fulfill is known as FBM seller list their products on
Amazon and choose to ship products to each customer by themselves

BSR
The most popular products on Amazon in categories way. It reflects the recent and
historical sales to determine products have the highest volume and popularity.

BUY BOX
This is where the customer begins their purchasing by adding the product to the shopping
cart. It is on the right side of the product listing where customers see the product details,
shipping information, and other sellers. The majority of Amazon’s revenue comes through
the Buy Box.

ASIN
Amazon Standard Identification Number - It’s 10 characters alphanumeric unique identifier
assigned by Amazon.

SKU
Stock Keeping Unit is a unique code that is assigned to each product in a company’s
inventory this also helps to control the company’s inventory.

UPC
Universal Product Code is a 12 digit number assigned to retail merchandise that identifies
 both product and the vendor that sells the product. The UPC on a product typically
appears as an adjacent and machine-readable representation of the UPC.

SC
Seller Central is the main dashboard when you log in to Amazon. This is where you find all
the metrics, tools, and analysis.

PRIME
premium membership; paid service that gives Amazon’s shoppers to receive benefits like
free fast shipping and exclusive shopping deals.

NET PROFIT
The net profit is the profit you get to keep all the expenses and taxes are paid.

ROI
Return on Investment - a profitability measure that evaluates the performance of the
business by dividing the net profit by net worth. The result is expressed as a percentage or
a ratio, the most frequently used method is to divide the net profit by total assets.

GATED CATEGORY
Amazon restricts certain divisions called Gated Categories. In order to sell this category
you to obtain approval from Amazon

OOS
Out of Stocks - refers to an item being out of stock in a retail store or Amazon themselves

BOLO
Be on the lookout - typically this is used for an item that did not pass in certain criteria, or
OOS that you might think will have a sale or be on stock in the future.

PREP CENTER
Prep Center is a service that will receive your inventory, inspect, prepare and ship your
inventory to Amazon

CATEGORY
A group is often named or numbered to which items are assigned based on similarity or
defined criteria.

REPLENISHABLE
The item that is needed to be bought repeatedly for whatever reason, like the desired
commodity.