Wholesale 101

In 2020, Bonanza has come in at the top of the list for “Sellers Favorite Platforms” based on ease of use, fees and overall satisfaction. We have successfully sold stuff on Bonanza, so we can 100% assure you that the platform is totally legit, usable and people do buy stuff. Now that that is out of the way... FEES vs TRAFFIC Which is more important to you as a seller? Would you pick “Lowest Fees” or would you pick “Highest likelihood of sales”? If you would rather have the lowest fee …

Is your head spinning from all the terminology?  Don't worry! We will make this super simple for you!  Let’s say you want to buy 100 cases of peppermint gum. You then contact a company online and ask for a quote. The company responds with a PRO FORMA INVOICE.A Pro Forma invoice used BEFORE the merchandise is paid for whereas an Invoice is used AFTER payment has been made. Pro Forma is used in situations where the wholesaler cannot yet predict what the exact order total will be. …

There are a ton of reasons why an invoice submitted to Amazon for Ungating could be rejected. We will discuss many of the possibilities in todays topic: Why is Amazon Rejecting My Invoice? If you have not already read our Complete Step-By-Step Guide to Amazon Ungating we strongly encourage you to do so. We even have an Amazon Ungating checklist for Beginners you can use. All of this content is 100% free with no catch. But if you are exclusively looking for popular reas …

WHAT THE HECK IS A LETTER OF AUTHORIZATION? A Letter of Authorization, sometimes called a “Third Party Letter”, is a document that basically says “We own this brand and we are cool with this company selling our merchandise on this website”. We will discuss more about the specifics of a Letter of Authorization in a little bit. WHY ON EARTH DO I NEED A LETTER OF AUTHORIZATION FOR AMAZON? A Letter of Authorization is only needed for specific brands IF Amazon feels it’s needed OR if …

We wanted to put together a dictionary for you of all the must-know terminology for Amazon Ungating!  In this article you will learn the difference between a PO and an Invoice, a BOL and a PRO Number and more! You can cross reference this Amazon Seller Dictionary with our Step by Step Amazon Ungating Guide for Beginners and become a pro in no time. Terms are in Alphabetical Order:ARBITRAGE / “Retail Arbitrage” Retail Arbitrage is when you drive to CVS and buy a basket-fu …