Terms related to selling on Amazon
Amazon
RA (Retail Arbitrage)
This
is a method of purchasing a product from offline and then selling it to Amazon.
Seller purchases big amount of products with a discount from original sellers
and sell them with higher price on Amazon to earn some profit.
Amazon
OA (Online Arbitrage)
It means sourcing products from online with lower price and selling them on Amazon with higher price.
Amazon PL (Private Label)
It
means sellers create their own products, brand them and then sell them on
Amazon.
Amazon
FBA (Fullfilled by Amazon)
Amazon's inventory management and delivery service. After customer make an order, FBA deals with everything such as packing, sending and even customer service as well. Of course sellers have to pay for the fee, but it's much more comfortable to use FBA system. Sellers can save lots of time. That means they can focus entirely on sourcing products.
Amazon BSR (Best Sellers Rank)
It's a kind of selling score of your products. The rank of a product in the category where it is listed. The ranking goes up in the order of the most sales on Amazon. It is updated hourly and includes recent and past sales history.
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