Business

Build a better business by testing your business names, ideas, logos, marketing copy, and website designs on PickFu.

Amazon FBA acquirers: Strategies, success stories, and a who’s who

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Amazon FBA acquirers are having a profitable moment

Fulfillment by Amazon (FBA) has opened new doors for Amazon sellers who otherwise wouldn’t be able to store and ship their own products. But lately, the surge of interest and activity around FBA is coming from a different source: Amazon FBA acquirers, or roll-ups.

These are companies that buy FBA businesses and fix them up for a profit. It’s the e-commerce equivalent of flipping a house — and it’s a hot market. Over the past year, big-ticket Amazon roll-ups like Thrasio, Heyday, Cap Hill Brands, and Perch have received billions of dollars in financing from institutional investors to grow their portfolio of FBA businesses.

If you’re want to understand how Amazon roll-ups work and who the major (and emerging) players are, you’re in the right place. Let’s dive in.

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How to launch a successful crowdfunding campaign

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How to launch a successful crowdfunding campaign

No one had heard of the term crowdfunding when an entrepreneur named Michael Sullivan first used it in 2006. Since then, crowdfunding has grown into a multibillion-dollar global industry. The word and the concept are part of our daily lives. Scores of entrepreneurs take their ideas to Kickstarter, Indiegogo, GoFundMe, and other crowdfunding platforms with one goal: to raise enough money to turn those ideas into reality.

Success in crowdfunding hinges on the support of the crowd — your future customers. In this article, we’ll delve into how to create and launch a successful crowdfunding campaign.

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What response bias is and why it matters

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Do we truly have control over our decisions? Or are we influenced by our social and economic environment? Psychologists have been hashing this out for years, but it’s also an important consideration in business.

When you conduct market research surveys to gather information and make decisions about your business, response bias almost certainly influences the results.

Put simply, response bias occurs when survey respondents aren’t entirely truthful in their responses — whether they realize it or not.

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Which One Won? Podcast cover art that makes you want to press ‘Play’

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While podcasts are designed to please the ear, they have important visual elements as well. Think about it. When you scroll through your phone, it’s probably the podcast cover art, not the description or the title alone, that makes you stop and want to know (and hear) more.

In this PickFu poll, the user asked a targeted audience of 50 podcast listeners — who better to ask? — to choose between two cover art logos for a podcast called “The Caring CEO.”

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How to use stories at every stage of your sales funnel

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stories in sales funnel: person working on a laptop with open notebook, charts and graphs

Thanks to Rodney Laws of Ecommerce Platforms for this guest post on how sellers can use stories as a sales tool.

The sales funnel can be a tricky thing. It requires constant fine-tuning to ensure customers don’t drop out or choose your competitors over you.

The right content keeps customers in your sales funnel and moves them through toward purchase. Static, lifeless content won’t engage your customers — if you want to achieve that, you need to draw them in with a story.

With that in mind, read on to learn how to use stories at every stage of your sales funnel.

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7 things sellers should do to make the most of Lunar New Year

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Lunar New Year: image of Chinese lanterns

Friday, Feb. 12 is Lunar New Year. If you’re an e-commerce seller, you’ve marked the date on your calendar. It is the most important holiday on the Chinese calendar, and it affects sellers everywhere.

Also known as the Spring Festival, Lunar New Year is celebrated not only in China but across much of Asia, and not just on one day, but for up to 15 days; the length varies between countries. As festivities ramp up, business slows to a crawl. Many suppliers and factories, including the ones you work with, close up shop.

You’ve done what you can to prepare for the inevitable slowdown. Now what should you do to make the most of Lunar New Year? We rounded up seven tips with the help of e-commerce experts who know a thing or two.

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Which One Won? Choosing an eye-catching logo

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Which One Won: eye-catching logo

A logo is one of the most important elements of a brand. When customers see it, they should immediately recognize it and think of your business.

In this ranked PickFu poll, a business owner pitted three designs for a single-word logo against each other, asking a panel of 50 people, “Which logo is more appealing?”

Each logo uses a different font or color combination. Option A features a white font against a black background, with the four middle letters in swappair intertwined. Option B is in a similar font but with gradient coloring. Option C is written in plain black font with pair in bold.

Respondents ranked the options in order of preference. Can you guess which one won?

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