Profit First for Ecommerce Sellers: Transform Your Ecommerce Business from a Cash-Eating Monster to a Money-Making Machine
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(as of Oct 02, 2024 06:18:50 UTC – Details)
Profit First for Ecommerce Sellers focuses on four critical areas that today’s ecommerce sellers struggle with in growing their businesses: managing inventory; relying on debt; understanding their financial data; and maintaining focus. While the ecommerce industry presents incredible opportunities, these four areas can also present major pitfalls in the quest for success.
Cyndi Thomason has taken the core concepts of the Profit First methodology, created by Mike Michalowicz, and customized them to address the specific needs of the ecommerce business. Profit First for Ecommerce Sellers addresses each of the four major struggles and provides clear and actionable guidance on how to overcome them, taking the online seller from simply getting by to becoming permanently profitable.
This book is for every online seller who dreams of ecommerce prosperity.
Customers say
Customers find the information in the book useful, helpful, and insightful. They describe the content as great, interesting, and honest. Readers also mention the book is potentially life-changing.
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13 reviews for Profit First for Ecommerce Sellers: Transform Your Ecommerce Business from a Cash-Eating Monster to a Money-Making Machine
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davem –
Amazon Seller and Inventory Dream Book
This is exactly what I have been looking for. We implemented the Profit First system after learning about it a year ago. However, as an Amazon seller with inventory management nightmares, it has been a challenge to get Profit First to fit right. This book has dispelled many concerns I ran into the first time, making it feel not so alone in the process and realize Profit First is a great method to the Amazon madness.Favorite chapter so far is Ch 3, Stop The Inventory Insanity. This is everything we discovered wrong with the Amazon business model but did not know what to do about it. Many coaches and mastermind groups encourage you to put things on credit and maximize inventory to grow, with little to no knowledge of your accounts (or worse a false view of your accounts). So instead of spending more on a mentor or shiny new software get this book instead. Yes, a little sweat will be involved but you worked hard to get this far already, you might as well do a little more to make a big difference and peace of mind… oh and more PROFIT.True, this may not be for dropshippers but I think there is already so much great info for that audience. Many accountant professionals steer clear from Amazon clients accounting since it is a beast. Cyndi tackles it head on, and her company Bookskeep is open for questions to help you in the process. Well done! And thank you!Loyal fan for life.
Destiny –
Unique 1% Way of Handing eCom Finances
First off, this is an accounting book that is NOT BORING!My husband & I have found this book to be a book that is not of the crowd mentality, the masses. When I contacted my bank to implement these strategies I was told no one has did anything like that around here, and I IMMEDIATELY knew I was going in the right direction, the 1%.The author has created a blueprint to consistent prosperity through getting a pulse on your cash flow. I am taking action on what she says and am looking forward to the process and results. Not to mention, the author actually answered my emails (unheard of) and provided amazing advice on something we were stuck on. 5 stars!
David Tiprigan –
Must have for small business!
My wife lives by this book. She runs an e-commerce business and uses this philosophy for her accounts.She ended up giving her copy to a friend with a struggling business. Like I said, she loves it.
Christeen Era-Todd –
Great content and tools
This is a great book that helps e-commerce businesses in implementing Profit First while gaining a better understanding of their business. The tools are insightful and helps you look at your business differently than you have done before.
Lance –
Very Helpful
This book is great for online business owners. However while the information is great, it’s mostly dedicated to Amazon sellers. The majority of the information can be applied to non amazon sellers though.Overall it’s still a great read and I’m sure it can help you get your finances in order.
Ryan –
Amazing guidance for Ecomemrce sellers
As a bookkeeper, I love and use profit first for my business.I help many ecommerce clients. I enjoyed reading this book , Profit First for Ecommerce Sellers.It helped me understand the concerns of my clients and I recommend this book to them often so they can better understand their money concerns.If you are an Ecommerce seller and you are always robbing Peter to pay Paul to purchase inventory this book is for you!If you are an Ecommerce seller and tax time always sneaks up on you and you forgot to save fore taxes, this books is for you!This book is so great to really understand your money and stay on top of it!
Pinky05678 –
Easy to Understand
If you are new to seeking on Amazon this book will help you set up your finances correctly from the beginning. It’s easy to read and understandable.
Lida Cifuentes –
Excellent Book
Excellent book, with valuable information
Diaa Hamama –
Very useful, the Audio version with the sound of the author is just deleitful
Mr Kilpatrick –
Great work
AMZ Customer –
This book is a very brief summary of the key principles relating to profits. I like the fact that it is concise and informative at the same time.
Dante –
Para mà que tengo poca experiencia en ecommerce ha sido importante conocer el punto de vista del autor asà como los métodos explicados en este libro. Lo recomiendo ampliamente.
Gaurashtra Enterprises –
Very nicely written book. Simplified for sellers who are dependent on ecomm websites like amazon. Cyndi and her team is also very cooperative and humble.