In today's episode, I want to demystify Amazon for you. You might be selling on Amazon now, thinking about it, or in discussions about it. You may have heard lots of terms, phrases, and acronyms that you don't understand. I want to give you the ultimate A to Z guide to explain common Amazon terms and acronyms simply.
I’ve written an accompanying blog post, so you can listen along, or read, whatever suits your learning style the best.
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USEFUL RESOURCES:
Blog Post
Amazon A-Z Terms You Might Have Heard Of And What They Mean
Podcast Episodes:
185 5 things nobody tells you about selling on Amazon (that I will!)
183 How to rank higher on Amazon
159 How to start selling on Amazon
151 Should you sell your product on Amazon?
107 Common Amazon issues and how to resolve them
79 What to do when things go wrong on Amazon
HOW I CAN SUPPORT YOU ON AMAZON:
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Welcome to the bring your product idea to life podcast.
2
:This is the podcast for you if
you're getting started selling
3
:products, or if you'd like to
create your own product to sell.
4
:I'm Vicki Weinberg, a product
creation coach and Amazon expert.
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:Every week I share friendly practical
advice, as well as inspirational
6
:stories from small businesses.
7
:Let's get started.
8
:Hello.
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:So in today's episode, I want to demystify
Amazon for you, because you might be
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:selling on Amazon now, it might be
something you're thinking about, perhaps
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:you're in discussion about it, and you
might have heard loads of terms and
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:phrases that you just don't understand.
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:Um, lots of acronyms, you just
don't know what they mean.
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:And so what I wanted to do in
this really brief episode is give
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:you the ultimate A to Z guide.
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:So I'm going to talk you through lots
of terms and phrases and acronyms you'll
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:hear around Amazon and explain to you
exactly what they mean in a really simple
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:way, um, to make life easier for you.
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:So this might be one of those episodes
that you prefer to actually read, so
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:there is a blog post to accompany this.
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:Um, I think that would also be useful
even if you do listen to this episode.
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:And by the way, I hope you still
do listen because I, um, depending
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:what type of learner you are.
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:I mean, I know that I, am better
understanding things when I
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:hear them rather than read them.
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:Um, and of course we all are
different, but it might be that you
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:want to listen to this episode and
then go and bookmark the blog post
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:so you can refer back to it easily.
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:So with absolutely no more ado or waffle
from me, I'm going to get straight in
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:and talk you through my A to Z of Amazon.
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:So the first one is A9.
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:So A9 is the name of the Amazon
algorithm and I covered the
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:algorithm in another episode.
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:So I'm not going to go into great
detail now, but basically the Amazon
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:algorithms' main goal is to show the
customer the most relevant products,
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:whatever it is they've typed into the
search bar and they're searching for.
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:So A9 analyzes every listing
in really great detail.
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:It figures out what the listing is
about, it looks at the sales history,
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:it looks at other performance metrics.
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:So reviews is something that gets
looked at here, and then decides which
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:listings they're going to show you.
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:And I should say that A9 also does
all of this in like nanoseconds,
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:which is pretty incredible.
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:So if you hear someone talk
about A9, that's what they mean.
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:It's basically Amazon's way of deserving
which product listings go on the front
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:page when a customer makes a search.
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:The second thing I'm going to
talk about is A plus content.
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:This is quite a hard one to
describe, um, because it's something
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:you need to look at visually.
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:But essentially, A plus content is that
additional content you might see when you
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:scroll down a product listing on Amazon.
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:So this is extra descriptive content,
and the type of things you might see
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:are large images, some infographics,
some extra text, there's sometimes a
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:comparison table at the bottom of A plus.
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:This is something that's available to all
sellers who have Amazon's brand registry.
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:Don't worry, I will talk about
brand registry when I get to the Bs.
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:And it's definitely something
worth considering if you're
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:selling on Amazon because it just
provides a way for you to add extra
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:information to your product listings.
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:Um, and, you know, make them look
really professional and help you
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:stand out from everyone else.
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:The next one I want to talk about is API.
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:API stands for Application
Programming Interface.
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:This is something that you, by the way,
may never ever come across, but I wanted
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:to mention it just in case you do.
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:And it basically is a way for,
in a simple term, it's a way for
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:computers and different systems
to communicate with each other.
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:So, for example, you may need to set
up an API between Amazon and your
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:distribution centre if you wanted your
distribution centre to manage your
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:orders, and rather than it all go via
email, you wanted it to connect up.
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:So perhaps so your stock is aligned and
all orders go through automatically.
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:For example, that's just one
of the ways you might use API.
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:You also might use it if you were
using a third party, um, applications
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:such as jungle scout, perhaps to
request reviews or to track how well
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:you're selling or anything like that.
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:So if you want to fight, get another
application to connect with Amazon,
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:you do that via what is called an API.
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:The next one I'm going to talk about is
ASIN or ASIN, depending how you say it.
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:So this is a unique 10 character
alphanumeric identifier
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:for a product on Amazon.
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:It always starts with a B0 and yes,
it has 10 characters and is linked
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:to a unique SKU or EAN or ISBN,
basically a unique product code.
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:And it is used by Amazon as a
reference to manage your products.
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:This is an attribute that
is assigned by Amazon.
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:So when you set up a product listing, you
would tell Amazon the SKU if you wanted
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:to, and you would provide the EAN or the
ISBN code unless you had an exemption.
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:And the ASIN is something that
Amazon attributes to your product.
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:Something that makes it unique, something
that's different between a SKU and
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:an ASIN, is you can have two ASINs.
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:So for example, you might have your
product listing set up twice because you
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:want to offer fulfillment by Amazon, which
we'll cover and fulfillment by yourself.
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:And so you would set up the
product twice with the same ASIN,
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:but crucially a different SKU.
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:Um, one would be for you to fulfill
and one would be for Amazon to fulfill.
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:I promise that's not as complicated as it
sounds, but just know that you can have,
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:to a sense, for that purpose and all of
the reviews, the sales history, the image,
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:the text will be aligned across to do.
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:Our next B is brand
registry and brand registry.
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:It's a free program where you can verify
your brand to access enhanced analytics.
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:Brand protection features
and other features on Amazon.
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:So for example, if you have
brand registry, you get
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:extra advertising options.
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:You get to use a plus content and
a brand story, which is something
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:we've spoken about earlier.
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:It is completely free to apply.
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:And all you need to do is have
a registered trademark in the
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:country in which you're selling.
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:So for example, if you're listening
from the UK, as long as you have a UK
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:registered trademark, you can apply
for brand registry on Amazon in the UK.
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:The next thing I want to talk about is
something else you can have if you have
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:brand registry, and that is a brand store.
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:So you can think of a brand store
as a mini website just on Amazon.
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:So you can have all of your products
here with links to buy them, you can
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:have extra information, you can put
videos in there, you can have a page
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:all about your brand, you can do all
kinds of things in a brand store.
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:And if you sell a range of products,
I particularly think this is
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:a super useful thing to have.
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:Next thing we're going
to cover is brand story.
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:So I mentioned A plus content earlier.
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:So A plus content is that additional
content I mentioned that you would see
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:on a product listing that gives you lots
more information about that product.
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:A brand story is also a type of A
plus content, but this would apply
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:to all of the SKUs across your brand.
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:So this is where you might share
information about your brand values,
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:about the founders, about your
mission, your goals, whatever it
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:is, but it's information that's
brand specific, not products.
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:specific and it sits above the A plus
content on your listings and again you do
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:need brand registry in order to have this.
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:Next we're going to
talk about browse nodes.
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:So browse nodes are basically a
numerical code which are used to
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:identify an Amazon product category.
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:So you probably know that When
you list your products on Amazon,
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:you have to choose a category.
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:Each category has a code, which
is also called a browse node.
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:You won't hear this
talked about very often.
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:The only time this might come up is if
you decide to use a flat file upload,
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:which is basically a spreadsheet.
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:Add your products to Amazon.
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:You will be asked to
provide the browse nodes.
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:Um, handily, if you do this, they
will tell you which one to use.
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:It will be in the sheet.
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:But if anyone asks you for a browse
node, that's basically what it is.
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:It's the code that identifies
the correct category.
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:Our next B is BSR, which sells,
stands for bestseller rank.
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:So this is basically information
you can see on any product listing
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:on Amazon that says how well that
product ranks in a particular category.
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:Um, personally, I do know that
people will sometimes want to list
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:in certain categories over others
because they feel they have a
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:better chance of ranking higher.
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:But honestly, I don't think that many
customers actually look at this ranking.
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:So while it, you know, is nice to
know where you, where you rank among
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:all the other similar products on
Amazon, um, as long as you're happy
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:with your sales, personally, I
wouldn't get too upset about this.
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:The next thing I want to
talk about is bundles.
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:So these are single items that can be
identified with different ASINs and
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:are sold together as a single offering.
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:So at the moment in the UK,
if you want to sell bundles.
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:So you want to sell groups of products.
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:You do have to set them
up as groups of products.
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:So you'd have to set up a
separate bundle listing.
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:If you're fulfilling orders yourself,
this is obviously really easy.
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:If you are fulfilling orders via
Amazon, you would need to send the
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:products in your bundle into Amazon.
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:Packaged up as a bundle.
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:If you are selling products in the U.
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:S.
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:you can, they actually have a virtual
bundle tool now where you can create
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:bundles of any products in your catalogue.
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:Um, it's super easy to set
up, um, works really well.
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:And I mentioned this because
what usually happens is anything
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:that's offered in the U.
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:S.
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:ends up being offered in the U.
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:K.
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:in sort of 6 to 12 months.
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:So hopefully sometime in
:
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:easily sell bundles in the U.
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:K.
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:too.
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:My final B is buy box.
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:So the buy box is the area on the
Amazon product detail page where
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:customers click an orange button and
add the product to their shopping cart.
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:So it usually says buy now or add to cart.
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:Buy box is something that can be an
issue when you first start selling
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:on Amazon because you don't always
have it and that is really annoying.
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:Um, people can still buy your product,
but unfortunately, without the buy
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:box, you can't do any advertising.
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:And of course, you've probably heard
me say advertising on Amazon is a
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:great way of getting those fair sales.
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:So if you don't have the buy
box, um, unfortunately, the only
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:things you can really do are
trying to get sales and reviews.
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:Um, that's the only way around it.
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:And I appreciate it, that's
a really hard thing to do.
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:When you don't have the buy box
and you can't advertise, it's one
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:of the things that Amazon seller
support, and we'll talk about them
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:later, aren't or can't help you with.
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:Um, but in every single case where I've
worked with someone who hasn't had the
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:buy box, the moment they've got a sale.
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:They've suddenly had the buy box.
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:So don't lose hope if this is you, um,
if it's something that you don't have
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:at the moment and you can always contact
me and I can help you come up with
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:some ideas on how you might get that.
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:The next thing I'm going to talk
about is a C and that is a child ASIN.
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:So what a child ASIN means is, it's
a product listed under a parent ASIN
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:and we'll talk about parent ASIN a bit
later and it's basically a variation.
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:So you can think of a parent ASIN like
an umbrella, so let's say you were going
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:to sell socks, and you sold your socks
in different colours and different sizes.
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:So the sock in size 4 in pink would
be a child ASIN, as would the size
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:5 in pink, and the size 4 in blue,
and the size 5 in blue, and...
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:All of the other options would
be what is called a child ASIN.
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:You heard me mention this
one earlier and that's EAN.
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:So the EAN is the
international article number.
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:So it's basically your barcode number.
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:That's a really easy
way to think about it.
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:You can use different numbers.
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:You might not have an
EAM for your products.
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:You might have a GTIN.
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:I'm not going to use that in this glossary
because it'll get really confusing,
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:but basically this is an identifier
that you've registered with GS1.
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:That's the only place you
can now buy barcodes from.
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:You register your products with GS1
and you get your barcode numbers or
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:EAN and you provide these to Amazon
when you set up your listing, unless
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:you have some sort of exemption
that means that you don't need to.
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:My next E is EBC, which stands
for Enhanced Brand Content.
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:So this is basically the equivalent
of A plus content that is available to
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:Amazon vendors and when we get down to
these, we'll talk a bit more about that.
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:My final E is EFN and what EFN means
is the European Fulfillment Network
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:and the way this works is that you can
choose to have all of your stock stored
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:in the UK in a UK Amazon distribution
center, but you can set up product
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:listings in other European countries
and Amazon will fulfill those orders
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:using the stock based in the UK.
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:That is the simplest
way of explaining that.
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:Which moves us on nicely to FBA.
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:So FBA is where, again, you send your
products into Amazon for them to store
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:and deliver to customers on your behalf.
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:And the standard FBA, or fulfilled
by Amazon, is where you send in your
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:products, again to a fulfillment center
in the UK, and your UK orders are
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:all fulfilled using that FBA stock.
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:FBM, or fulfilled by merchant, means
that you are fulfilling orders yourself,
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:so you're listing your products on
Amazon, but when an order comes through,
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:you are distributing it yourself,
whether that's from your home, a
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:fulfillment center, or however you do it.
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:And this leads us on very nicely
to Pan EU or Pan EU FBA and this
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:basically means that you're holding
FBA stock in the UK and at least
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:two other countries in the EU.
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:And then if you are doing that,
you can then fulfill all the
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:other companies in Europe from
these three distribution centers.
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:Well, actually from two distribution
centers, because, um, unless you're
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:doing EFN, you can't use your UK
stock to fulfill the European orders.
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:So you have to hold stock in two
different European countries, and
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:then you can fulfill orders in all
of the European countries from these
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:warehouses, these Amazon warehouses.
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:Um, there are lots of VAT and
tax implications of doing this.
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:So I'm, this is designed just
to tell you what the terms mean.
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:If you want a bit more information
on how it works and how that would
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:work for you and what the tax
implications are, then I definitely
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:recommend looking into this a bit more.
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:There are lots of different options
for fulfilling orders in Europe and
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:it's definitely something to look
into in detail before deciding.
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:My next P is parent ASIN.
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:So as I mentioned earlier when I spoke
about child ASINs, this is, you can think
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:of this product as an umbrella, it's
not actually a product, it's kind of a
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:placeholder that groups products together.
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:So if you have a product that has
different variations, a parent
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:ASIN is something you set up, it's
not an actual product, it's just
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:a holder under which all of those
child ASINs or variations sit.
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:Next P is Prime.
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:So Prime, as you probably
know, is Amazon's subscription
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:service for free delivery.
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:And if you have Amazon Prime, then
you also get other things like
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:Amazon music and video and, um,
all kinds of other good things.
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:I've had it for so long, can't
even tell you what I have.
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:So if people talk about Prime,
that is what they're talking about.
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:And if you fulfill your orders by
FBA or fulfilled by Amazon, which
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:is where Amazon, so, um, stores and
delivers orders for you, then customers
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:who have Amazon Prime can benefit
from that because they get free next
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:day or sometimes same day delivery.
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:Moving on to R and my only R is
ROAS, which is return on ad spend.
279
:So this basically describes how
much revenue you get in return
280
:for your advertising budget.
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:Um, so it's basically a way of saying for
every pounds you spend on advertising,
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:how much are you making in sales.
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:That's the easiest way of describing that.
284
:That is the measure that I use when
I'm managing advertising on Amazon.
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:Um, you don't have to use that.
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:Um, you can use ACOS or actual
cost of sale, but ROAS is something
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:that most people use to sort of
measure how well ads are performing.
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:My first S is Seller Central.
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:So Seller Central, which you
may have heard of, is the portal
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:that you use to sell on Amazon.
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:So the first thing you would do if you
were looking to sell your products on
292
:Amazon is set up a Seller Central account.
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:Next is Seller Support.
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:So Seller Support is basically
Amazon Seller's Customer Service.
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:I guess you could call it that.
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:I'm not going to say any more about them.
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:I've recorded episodes before
on approaches to handle
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:Amazon customer service.
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:I think the only thing I will say is, um,
it's probably not what you would expect.
300
:Um, but know that if you have an issue,
seller support is who you can go to.
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:My next S is shipping plan.
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:So what this basically means is if you
are sending stock into Amazon for FBA, so
303
:for Amazon to fulfill for you, you need
to set up what is called a shipping plan.
304
:And this is basically where you tell
Amazon what products you're sending
305
:in, how many of each, how big they are,
what they weigh, how you're sending
306
:them in, you know, so how many boxes.
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:And you put all that information
in, you generate some shipping
308
:labels, and then you're all ready
to send your stock into Amazon.
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:A SKU, spelt S K U, is something
that I mentioned earlier and this is
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:the way of identifying your stock.
311
:This is probably familiar to you,
um, you probably or possibly use
312
:SKU codes for your products now,
if you're selling on Amazon.
313
:My best, I don't know if this is an
advice episode, but I would say if
314
:you have SKU codes already and you
use the same ones on Amazon, that'd
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:be really helpful, particularly if you
are planning on linking up with another
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:system to align your stock, for example.
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:And my final S is Sponsored Products.
318
:So Sponsored Products is what some people
will be referring to is when people talk
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:about Amazon's advertising portal, which
is actually called a campaign manager.
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:Um, but lots of people will talk
about Amazon sponsored products.
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:You'll hear me talk about it as well.
322
:And that is basically Amazon advertising.
323
:Um, there's lots of things you can
do other than sponsored products.
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:So you can do sponsored brand ads where
you're showing a range of your products.
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:There's all kinds of other advertising
available, but if someone mentioned
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:sponsored products to you, what they're
talking about is Amazon advertising.
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:Variations we have covered, I
think, when we were speaking about
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:parent ASINs and child ASINs.
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:So variations is, as I said, when you're
selling a product and you have different
330
:sizes, colours, flavours, whatever, you
know, whatever it is of the same product.
331
:Vendor Central, and I promise we're almost
there, Vendor Central is very similar to
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:Seller Central, and this is for sellers
who are using the Amazon Vendor Programme.
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:And the way Amazon Vendor works is that
you, Amazon take orders from you to
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:buy your products from you directly.
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:Um, they buy those products from you
that you still manage the product listing
336
:and any advertising and everything else,
but they are shown as sold by Amazon.
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:So you're selling your products to Amazon.
338
:They then retail them on Amazon with the
listings that you set up and for whatever
339
:price they decide and you can, you know,
set your RRP with them and then that's how
340
:that system works and RenderCentral works
slightly differently to sell essential.
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:Um, but that's what
that's system is called.
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:And my final final one is a Vine.
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:So Vine is an Amazon programme
where sellers can register their
344
:products to receive reviews
from verified product testers.
345
:I believe to be a vine product tester,
you have to already be buying a lot on
346
:Amazon and reviewing a lot on Amazon.
347
:And it's not just volume, but also writing
like really good quality reviews as well.
348
:And if you are someone who's
doing that, you might get
349
:invited to be a Vine reviewer.
350
:And this basically means that you
have the opportunity to have products
351
:for free in exchange for a review.
352
:And as a seller, it means that you
are offering your products for free.
353
:So you might say to Amazon, I
will give you 20 products that
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:you can send to Vine reviewers.
355
:Amazon will then say to their pool
of Vine reviewers, we've got 20 of
356
:these, who would like to review one?
357
:And they get sent them and
then they leave a review.
358
:Um, you also pay a fee to
do that, I should mention.
359
:And there is no guarantee that they
will leave you a positive review.
360
:So it's not about getting good
reviews, it's about getting reviews.
361
:Although of course, if you've got a great
product, which I'm sure you do, then
362
:you should get a great review as well.
363
:So that is my fairly quick run through
of lots of Amazon terms that you may or
364
:may not have heard of and what they mean.
365
:Um, had to take lots of
breaths while recording this.
366
:That's an awful lot to say.
367
:I don't know if I've missed anything.
368
:I...
369
:Ask my Facebook group, for example, for
examples, I asked some clients for things.
370
:Um, I use some of the ones that I know
that I came across when I started.
371
:Um, so hopefully I've
covered most of them.
372
:I'm sure I've missed out a few.
373
:If there were any Amazon terms that
you have heard of and you're thinking,
374
:I really don't know what that means.
375
:Please just send me a message
and I can let you know.
376
:So thank you as always for listening
and I will see you again next week.
377
:Thank you so much for listening
right to the end of this episode.
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:Do remember that you can get the
full back catalogue and lots of free
379
:resources on my website vickiweinberg.
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:com.
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:Please do remember to rate and review
this episode if you've enjoyed it
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:and also share it with a friend
who you think might find it useful.
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:Thank you again and see you next week.