1. Sales Rank (BSR) = A number assigned to every product on Amazon to indicate demand. The lower the better. Stay under 100,000 BSR as a beginner.
2. ASIN = Amazon Standard Identification Number. A number give to every item on Amazon that doesn't change.
5. ROI = Return on investment. Making $1.3 back spending $1 = 30% ROI.
6. Profit Margin = The % of total revenue that is profit. $10 profit on $50 in sales = 20% margin.
7. BOLO = Be on the lookout. A super hot item. Toys during Christmas, backpacks during Back to school, etc.
8. FBA = Fulfillment by Amazon. Sending products to Amazon bulk where they then handle fulfillment.
9. FBM = Fulfillment by merchant. Sending products directly to the customer rather than sending to Amazon. Mainly useful for seasonal rush products.
10. PL = Private Label. Buying unbranded. product and creating your own brand. Creating a listing, photography, copywriting, etc.…