Amazon is a global marketplace that offers millions of products, making it one of the most popular shopping destinations on the web. The company also allows sellers to update their product information and pricing as needed. While many sellers manage their own Amazon businesses, some may prefer to use third-party services for their updates.
Sellers can access their seller dashboard by logging in with their account credentials and selecting “seller central” from the navigation menu. From there, they can view all of the orders placed through their account, track sales metrics and search for new inventory items to sell.
Updating a seller on Amazon means staying on top of the inventory in your account. It’s also a way to stay on top of which products are selling well and which ones require more attention or space in your warehouse. Updating your Amazon seller is a simple process that doesn’t take much time, once you know how to do it.
Updating Amazon as a seller is important because it gives you visibility into whether your stock is exceeding demand, running low, or somewhere in between. That way, if you have too many of a particular item in stock, you can prep another shipment before the current stock runs out and avoid an unnecessary second trip to pick up more of that product from the manufacturer.
Conversely, if sales are lower than expected for any one item, you can prep less of that item before they run out and avoid another trip to pick up more of the same product from them. For this purpose, you can take help from a full service amazon agency that knows the art of full service amazon management.
Why is Updating Your Amazon Seller Important?
If you’re selling on FBA, you have the option of letting Amazon track your inventory or tracking it yourself. However, if you choose to track your inventory yourself, you’ll want to update it regularly to keep your numbers as up-to-date as possible. That way, you can make sure you’re not overstocking any products and that you’re not running out of anything at a critical time. If your inventory is out of date, you won’t know exactly how many items you have left, which could lead to running out of a product right when customers are looking for it. That could cause you to miss out on a lot of sales and damage your reputation as a seller.
With this knowledge under your belt, let’s dive into how to update a seller on Amazon without any need of full service amazon management!
What is an Inventory Update?
Every time you sell a product, you’ll want to update your inventory by entering the quantity sold, whether you’re selling it through Amazon’s FBA program or the FBM program. That way, you’ll know exactly how many of each product you have left and how many to prep for future shipments. If a particular product is selling especially well, you can prep more of it and make sure there’s enough space in your warehouse to accommodate the extra stock. Whereas, if a product isn’t selling as well as you expected, you can prep fewer of it or even discontinue selling it altogether. That way, you can make room for other products that might sell better and avoid wasting valuable warehouse space on products that aren’t selling.
Importing Inventory in Amazon Seller
Amazon has a built-in inventory tracking system, which allows you to see how many of each item you currently have in stock and how many you’ve sold in the past. This information helps you prep future shipments and plan your warehouse space accordingly.
To import your inventory:
- Log into your seller account and click on “Inventory” in the left sidebar menu.
- Then, click “Inventory settings” on the page that loads.
- On the page that loads, click “Start tracking inventory” at the top of the page.
- Select the imported inventory option, and click “Next”.
- On the next page, click “Start tracking inventory now” and Amazon will guide you through the process of tracking your inventory.
How to Track Inventory on Amazon
Once you’ve imported inventory into your account, you’ll want to start tracking how much of each product you have and how many you sold. This will help you plan future shipments and decide which products you should expand or contract in your warehouse space.
- To track inventory:
- Log into your seller account and click on “Inventory” in the left sidebar menu.
- Then, click “Inventory details” on the page that loads.
- On the inventory details page, click the product you want to track.
- This will take you to the product page.
- Scroll down to the “Stock quantity” section and click “Add quantity”.
- To track inventory, you’ll have to enter the number of products that are in stock, the number of products that have been sold, or both.
- Once you’ve added the required information, click “Save” to save your changes.
When you track your inventory, you’re entering the number of products you currently have in stock and the number of products you’ve sold. However, if you want to make sure you’re updating your inventory correctly, there are some tips you can follow. That way, you can be sure you’re entering accurate numbers and tracking your inventory as closely as possible.
Once your inventory is up-to-date, you’ll know exactly how many products you have left in stock and how many products to prep for future shipments. That way, you can avoid running out of a product just when customers are looking for it and make sure you have enough room in your warehouse to accommodate extra stock.
Conclusion
Updating your Amazon seller is an important step in running your business. You’ll be able to track how much inventory you have, how much you’ve sold, and if you have any products that are running low. If there are products you need to prep more of or less of, you can make that decision based on your inventory numbers. If you’re selling on FBA, you have the option to track your inventory yourself or let Amazon track it for you. Amazon’s tracking system is more accurate than manual tracking, but it can be time-consuming to enter data for all of your products. That way, you’re sure to keep track of all inventory numbers, even if you’re not selling every product in your inventory.
