🖐️ Five common habits of 1P Vendors that will kill your profit margins (avoid these at all costs):

1- Focusing on the most recent P&L trends, not understanding how they impact your full-year performance with #Amazon.

2- Relying on account or brand-level profitability while not having SKU-level insights about your gross margin performance.

3- Reviewing gross margins and Amazon's Net PPM ad-hoc instead of during monthly and quarterly business reviews.

4- Spending all your time forecasting sales, margins, and market share instead of being laser-focused on executing the basics.

5- Not comparing your sales, margin, and operational performance year-over-year, quarter-over-quarter, and month-over-month.

Avoid as many of these to drive a healthier bottom line with Amazon.

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What else would you add?

Let me know in the comments!