#amazon seller suspension insurance

[adn17blog-blog]

Safeguarding Your Venture: The Crucial Role of Insurance for Small Business Owners and Amazon Sellers

In the dynamic landscape of commerce, where small business owners and Amazon sellers navigate the challenges of entrepreneurship, one often overlooked aspect can make a significant impact on the longevity and success of their ventures—insurance. Whether you're a local bakery owner or a seasoned Amazon seller managing an online empire, comprehending and procuring the right insurance can be the key to shielding your business from potential hazards.

The Foundation of Protection: Understanding the Risks

Every business, regardless of its size or nature, faces a myriad of risks. From property damage and theft to liability claims and unforeseen disruptions, the entrepreneurial journey is fraught with uncertainties. For small business owners, the stakes are particularly high, as a single unexpected event can spell disaster. Amazon sellers, operating in the virtual realm, also contend with unique challenges, including the vulnerability to cyber threats and shipping-related issues.

Understanding the risks is the first step towards crafting a robust insurance strategy. Small business owners must evaluate their physical assets, inventory, and potential liabilities, while Amazon sellers need to factor in the intricacies of e-commerce, such as data breaches and shipping complications. Recognizing the specific risks associated with your business lays the groundwork for tailoring an insurance plan that provides comprehensive coverage.

The Small Business Dilemma: Navigating Insurance Options

For small business owners, the task of selecting the right insurance can be daunting. With a plethora of options available, from general liability to property insurance, making informed decisions is crucial. General liability insurance is often considered the cornerstone of small business protection, shielding entrepreneurs from third-party claims related to bodily injury, property damage, or advertising mistakes.

Property insurance, on the other hand, guards against the financial repercussions of damage to physical assets. This can be particularly vital for businesses with a brick-and-mortar presence, such as retail stores or restaurants. Additionally, product liability insurance is imperative for those who manufacture or sell physical goods, as it provides coverage in the event that a product causes harm or injury.

In the digital age, small businesses are increasingly reliant on technology, necessitating the inclusion of cyber insurance in their coverage portfolio. This type of insurance protects against data breaches, ransomware attacks, and other cyber threats that can compromise sensitive information. As businesses continue to integrate technology into their operations, the significance of cyber insurance cannot be overstated.

The E-Commerce Frontier: Insurance Considerations for Amazon Sellers

Amazon sellers face a distinct set of challenges compared to traditional small businesses. The virtual nature of their operations introduces a host of risks, and understanding these is paramount to securing a thriving e-commerce venture. Product liability insurance remains crucial, as sellers can be held responsible for defects or injuries caused by the products they offer on the platform.

Moreover, considering the reliance on shipping services, transit insurance becomes essential for Amazon sellers. This coverage protects against the financial losses incurred due to damaged or lost shipments during transit. With the logistics of e-commerce being intricate and involving multiple parties, transit insurance serves as a safety net for sellers navigating the complex web of shipping and delivery.

One often underestimated risk for Amazon sellers is account suspension. Amazon is known for its stringent policies, and an account suspension can be financially devastating. Some insurance providers offer coverage for loss of income resulting from such suspensions, providing sellers with a safety net during challenging times.

Mitigating Financial Risks: The Role of Business Interruption Insurance

For both small business owners and Amazon sellers, the concept of business interruption insurance deserves special attention. This type of coverage is designed to mitigate the financial impact of unforeseen events that disrupt normal business operations, such as natural disasters or pandemics.

For small businesses with a physical presence, business interruption insurance can be a lifeline when faced with the aftermath of a fire, flood, or other catastrophic events. It helps cover ongoing expenses such as rent, utilities, and employee salaries, allowing the business to weather the storm and resume operations as swiftly as possible.

In the realm of e-commerce, Amazon sellers can also benefit from business interruption insurance. The virtual nature of their operations doesn't make them immune to disruptions—whether it's a server outage, a cyber attack, or a sudden policy change by the platform. Business interruption insurance for Amazon sellers can provide compensation for lost income during such periods of disruption.

Strategic Planning: Tailoring Insurance to Your Unique Needs

Understanding the risks and selecting the right insurance types are crucial steps, but true protection lies in the art of strategic planning. Small business owners and Amazon sellers alike must carefully assess their unique needs, taking into account the industry, size, and specific challenges they face.

Engaging with an experienced insurance broker can be instrumental in this process. These professionals have the expertise to navigate the complex landscape of insurance offerings, helping business owners make informed decisions based on their individual circumstances. By conducting a thorough risk assessment and identifying potential gaps in coverage, brokers play a pivotal role in crafting a comprehensive insurance strategy.

The Cost of Inaction: Why Investing in Insurance is a Business Imperative

For many small business owners and Amazon sellers, the upfront cost of insurance may seem like an additional burden on tight budgets. However, viewing insurance as an investment rather than an expense is a paradigm shift that can prove to be a business imperative.

The cost of inaction can far outweigh the premiums paid for insurance coverage. A single lawsuit, a natural disaster, or a cyber attack can result in financial losses that far exceed the cost of comprehensive insurance. Moreover, the peace of mind that comes with knowing your business is protected allows entrepreneurs to focus on growth and innovation without the constant fear of unforeseen disasters derailing their progress.

In conclusion, whether you're running a cozy neighborhood cafe or managing a thriving Amazon storefront, the significance of understanding and procuring the right insurance cannot be overstated. It is not merely a financial safeguard; it is a strategic investment in the longevity and resilience of your venture. By comprehensively addressing the specific risks inherent in your business, you can navigate the unpredictable waters of entrepreneurship with confidence, knowing that you've built a robust safety net to protect your dreams and hard work.

Blog Source - Rasmal.com

[itechscripts2]

How do I start an online marketplace?

Identify your niche: Choose a specific product or service category to focus on. Conduct market research: Evaluate the demand for your chosen niche and identify potential competitors. Plan and design your marketplace: Determine the features and functionalities you want to include, such as a payment system and user accounts. Develop your platform: Choose a technology stack and assemble a team of developers to build and launch your marketplace. Obtain legal and financial support: Secure the necessary licenses, permits, and insurance coverage for your business. Attract and onboard sellers: Develop strategies to attract and onboard high-quality sellers to your marketplace. Drive traffic and acquire customers: Utilize various marketing channels to promote your marketplace and attract customers. Monitor and improve your platform: Regularly evaluate and improve your platform's performance and user experience. Expand your offerings: Continuously evaluate and expand your product and service offerings to meet customer demand. Choose a marketplace: Select a popular online marketplace that fits your product or service offerings. Create an account: Sign up for a seller account and complete the necessary verification process. List your products: Provide detailed product descriptions, photos, and pricing information. Set up payment options: Choose a payment method to receive payments from customers. Promote your products: Utilize the marketplace's advertising tools and social media to drive traffic to your product listings. Process orders and ship products: Respond promptly to customer inquiries and fulfill orders in a timely manner. Monitor and manage your account: Regularly check your account for customer feedback, sales performance, and other important metrics. Comply with marketplace policies: Follow the marketplace's rules and regulations to maintain a positive reputation and avoid account suspension. Marketplaces typically make money through various revenue streams such as fees for transactions, subscription fees, advertising, and data sales. Some marketplaces, such as Craigslist, are free to use for selling items, while others, such as Amazon and eBay, charge fees for listing items and a percentage of the sale price. The cost of launching a marketplace can vary widely depending on a number of factors, including the type of platform you build, the features and functionalities you need, the development team you work with, and the scale at which you launch. On the lower end, you might be able to launch a basic marketplace for a few thousand dollars, while more complex platforms with advanced features and custom design could cost hundreds of thousands of dollars. It's important to work with a reliable development team and budget for ongoing maintenance and marketing costs as well.

[onlinesellers-blog]

Online Sellers Insurance Benefits

Online Sellers Insurance was established in consultation with actual online business owners to protect Amazon sellers with Amazon insurance policies designed specifically to protect their business.

At Online Sellers Insurance, we understand the unique risks and challenges that Amazon, eBay and other online sellers face. 

If you are an Amazon seller, you need a tailored insurance policy built around your needs and we can give you just that. Choose from a range of covers including general and product liability insurance, suspension insurance and shipping & cargo insurance.

Url: https://www.onlinesellersinsurance.com.au/

[abhigmi]

Europe E-commerce Automotive Aftermarket Size to Expand at Over 16.4% CAGR through 2027

Europe e-commerce automotive aftermarket share from business-to-customer (B2C) segment is expected to grow at 16% CAGR up to 2027. High internet traffic on e-commerce platforms alongside rising EV sales is set to drive Europe ecommerce automotive aftermarket forecast. The onset of the novel coronavirus has, in a way, directed nearly every industry worldwide to undergo a digital revolution. Ecommerce platforms are at the heart of this era— an absolute must-have in the current time. 

It can be said that the digital transformation has resulted in a growth in the size of e-commerce automotive aftermarket in Europe, due to the rising number of internet and smartphone users. Today, there are 4.8 billion internet users worldwide, accounting for about 61% of the world's total population. While looking at the current scenario through this lens, ecommerce has enabled businesses to enhance their operational flexibility and provide targeted, value-based consumer services.

Get sample copy of this research report @ https://www.graphicalresearch.com/request/1803/sample

In 2020, 73% of EU internet users shopped online. By 2027, the European e-commerce automotive aftermarket size is anticipated to exceed USD 53.3 billion. Alibaba, Amazon, Bosch, AutoZone, eBay, Tyres International, ZF Friedrichshafen AG, Federal-Mogul Corporation, and RockAuto are among the leading ecommerce automotive aftermarket participants in Europe.

The replacement parts segment accounts for about 80% of Europe e-commerce automotive aftermarket. The requirement for hydraulics and hardware, brake pads, and rotors and drums are projected to increase rapidly. The growing number of e-commerce businesses selling everything from consumer durables to hardware and associated items will positively benefit Europe market outlook.

Mobile.de, Germany's largest automotive marketplace for selling automobiles to businesses and individuals, attracts customers from all across Europe. Site users are enabled to search for dealers, as well as locate finance and insurance options. The company has been a subsidiary of eBay Inc. since 2004. The presence of such platforms is influencing Europe e-commerce automotive aftermarket trends.

Selling directly to clients online allows firms to avoid third-party sellers and wholesalers, lowering the cost of items supplied to customers. A company may immediately connect with its consumers and receive real-time feedback on its products, which is advantageous for companies wanting to update their products. For example, OnBuy is a business-to-consumer online marketplace where third-party company sellers may list new, used, or refurbished items and buyers can browse hundreds of categories, compare prices, and purchase securely with PayPal Buyer Protection.

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Because of the simple availability of items on e-commerce platforms, steering and suspension aftermarket in Europe is anticipated to grow at a CAGR of about 14.5%. Steering and suspension-based products are often inexpensive when purchased through e-commerce platforms. The ease of installation of these goods is increasing market demand for steering and suspension components. Fast product delivery is a key aspect that will fuel Europe e-commerce automotive aftermarket through the next five years.

Various e-commerce corporations, including Amazon, Alibaba, and eBay, are partnering with organisations to expand their product portfolio and develop their market share. For instance, Ferrari has planned to make Amazon Web Services its provider for artificial intelligence, cloud storage, and machine learning in June 2021. This is to help with the design and testing of their vehicles, apart from being the debut of their fan engagement platform.

Table of Contents (ToC) of the report:

Chapter 1   Methodology & Scope

1.1    Market Definition

1.2    Base estimates & working

1.2.1    Europe

1.3    Forecast calculation

1.3.1    COVID-19 impact calculation on the industry forecast

1.4    Data sources

1.4.1    Primary

1.4.2    Secondary

1.4.2.1    Paid Sources

1.4.2.2    Public Sources

Chapter 2   Executive Summary

2.1    Europe E-commerce automotive aftermarket market 3600 synopsis, 2017 – 2027

Browse complete Table of Contents (ToC) of this research report @ https://www.graphicalresearch.com/table-of-content/1803/europe-e-commerce-automotive-aftermarket

About Graphical Research:

Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle.

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[mickoneil]

Some men would have given that task to a steward or a squire, but Lord Eddard had taught his sons to care for their own weapons.

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[graceetalks-blog]

More than product returns and cart abandonment, third-party sellers on Amazon fear losing sales and access to their accounts due to suspension whether it is valid or not.

Getting banned from Amazon can ruin not only your finances but your life regardless of how long the suspension is.

That especially holds true if you use the Amazon marketplace as your main source of income; you don’t have an eCommerce site, a bricks-and-mortar shop or a regular job for backup.

When you get banned, it’s like you lost a limb as you lose the ability to pay for your everyday expenses.

Various reasons can lead to a third-party seller’s suspension from Amazon: late response or shipment, high order defect rate, high cancelation rate, etc.

There are also painful instances when a seller gets banned not for their own doing, but as a result of their competitor’s devious stratagems.

Did you know there are sellers on Amazon who would go to the extent of paying large amounts of money in exchange for fake reviews on their biggest competition’s product?

It’s a good thing you can do something about that now thanks to the Amazon suspension coverage which some insurance companies offer.

Protect yourself and your business

Anyone can be banned from Amazon without notice regardless of their seller rating or performance metrics.

It is an ordeal which you never want to suffer, but the odds are high that you can avoid it, so might as well find a way to protect yourself and your business just in case it befalls you.

Lloyd’s of London, which has gained global fame by insuring famous celebrities’ body parts, is one of the insurance companies offering insurance plans to compensate sellers for lost sales and expenses during an Amazon suspension.

Businesses of all sizes can be insured; coverage limits range from $50,000 to $1,000,000 for a period of 30 to 180 days.

Monthly premiums depend on many factors, among them are your annual sales, how long you’ve been selling on Amazon and your average feedback rating.

Even sellers who have been suspended in the past can apply for an insurance coverage, but the reason of their suspension will influence their premiums.

Be reinstated and receive payout

In case you get banned from Amazon, you can get your account reinstated within 72 hours aside from your payout.

The amount you will receive will be based on your average gross sales volume plus regular day-to-day expenses.

Note that your coverage will only take effect after the waiting period which is stipulated in your policy.

During that length of time, you are expected to shoulder your day-to-day expenses, hence classed as your insurance deductible.

If Amazon lifts your suspension before that period is over, you won’t be able to collect money from your policy.  

Getting suspended from Amazon is no joke, so it’s good to know that third-party sellers now have an option to preserve what they’ve worked so hard for.

What are you doing to protect your business from the giant?

[bigyack-com]

House Impeachment Vote Is Unlikely to Sway Markets

Breaking: IAC and the online dating company Match Group have agreed to separate in a tax-free transaction. (Want this by email? Sign up here.)

Investors shrug off Trump impeachment

Voting nearly along party lines, the House approved two articles of impeachment against President Trump, making him the third president in history to face removal by the Senate. But the stock market has been largely unfazed by the news of impeachment proceedings, and that is unlikely to change, reports MarketWatch. Investors are shrugging at the news because they don’t expect the Republican-controlled Senate to remove the president from office. Market participants have grown more comfortable with the expectation that Mr. Trump would be impeached but not convicted, according to an investor survey conducted by RBC Capital Markets.

Obamacare insurance mandate is struck down

A federal appeals court yesterday struck down the provision of the Affordable Care Act that requires Americans to have health insurance, saying it was unconstitutional, but the future of the decade-old health care law is still in limbo, writes the NYT’s Abby Goodnough. The decision did not invalidate the rest of the law, and the panel of the U.S. Court of Appeals for the Fifth Circuit in New Orleans sent the case back to a federal district judge in Texas to see which parts of the law could survive without the mandate. If the law were thrown out, insurers would no longer have to cover people up to age 26 on their parents’ plans, and could refuse coverage for more than 50 million people with pre-existing conditions. About 17 million Americans bought coverage through the A.C.A. The case could go before the Supreme Court. The California attorney general, Xavier Becerra, said he planned to petition the court to hear the case. He led 21 states that intervened to try to preserve the law. President Trump, who campaigned on repealing the law, tried to appeal to both opponents of the law and people concerned about losing their health insurance. He called the ruling “a big win for all Americans,” and said it would not alter the health care system. Mr. Trump also said he wanted to protect people with pre-existing conditions. The case is unlikely to be resolved before next year’s presidential election.

Leaked Bank of England feed gave investors an edge

The Bank of England said today that an audio feed from its news conferences had been leaked to some investors before it was made public. The early access to policymakers’ remarks gave those investors a leg up on the rest of the market, reports the NYT’s Amie Tsang. The central bank is investigating the source of the leak, an unidentified third-party supplier that has provided sound from news conferences ahead of their video feed since earlier this year. Investors closely monitor the news conferences to gain insight. “In the world of high-speed trading, just a few seconds’ lead time can offer some investors a trading advantage,” Ms. Tsang reports. The bank said it had disabled the supplier’s access. “The bank operates the highest standards of information security around the release of the market-sensitive decisions of its policy committees,” it said.

Uber reaches a settlement on sexual harassment

Uber has a resolution on one investigation into its workplace culture: Yesterday, the ride-hailing company agreed to create a $4.4 million fund to compensate employees who had been sexually harassed at work, the NYT’s Kate Conger writes. The company “permitted a culture of sexual harassment and retaliation,” the Equal Employment Opportunity Commission found. It has been examining workplace issues there since 2017. Besides creating the fund, the company agreed to three years of monitoring by a former agency commissioner to ensure that it changes its practices. “This agreement will hopefully empower women in technology to speak up against sexism in the workplace knowing that their voices can yield meaningful change,” a lawyer for the Commission said. The prevalence of sexual harassment at Uber came to light when a former engineer, Susan Fowler, published an essay describing how the company had allowed inappropriate behavior to fester. The company has “worked hard to ensure that all employees can thrive at Uber by putting fairness and accountability at the heart of who we are and what we do,” said Tony West, the company’s chief legal officer.

A big threat to job growth: demographics

The U.S. job market continues to exceed expectations, but it is on a collision course with a dimming demographic outlook, writes Greg Ip in the WSJ. Job numbers are growing faster than expected: The current economic expansion has lasted a record 10-plus years. But the U.S. population is smaller than the Census Bureau had predicted. “The U.S. has had two longstanding demographic advantages over other countries: higher fertility and immigration,” Mr. Ip writes. “Both are eroding.” • The country’s fertility rate dropped to its lowest on record in 2018. • And the foreign-born population in the U.S. had a historically low expansion rate last year. “Job creation is constrained by the number of people of working age,” Mr. Ip writes. And until the trends are reversed, “the U.S. cannot assume it is immune to the demographic downdraft holding back Germany and Japan.”

Boeing suppliers wait for the other shoe to drop

Boeing buys parts from 600 suppliers around the world to build its 737 Max planes. Those suppliers are now waiting to see how the company’s temporary halt in production will affect their businesses, writes the NYT’s David Yaffe-Bellany. “We are in a crisis mode,” Philippe, the C.E.O. of Safran, a French company that makes engines for the Max in partnership with General Electric, told L’usine nouvelle, a French newspaper. “Any day we do nothing now costs us money.” The grounding of the Max has reduced G.E.’s cash flow by $400 million per quarter, company officials said in August. And Spirit AeroSystems, a Kansas company that manufactures the plane’s fuselage, relies on Boeing for 80 percent of its revenue. Yet “the full reach of Boeing’s production process extends beyond those direct suppliers,” Mr. Yaffe-Bellany writes. Major suppliers that also manufacture materials for other companies may be equipped to weather the suspension, while smaller operations will struggle. Yet a halt to production that lasts longer than a month could put even those larger companies in peril. More: President Trump reportedly called Boeing’s C.E.O. on Sunday to discuss the company’s plans to halt production of the 737 Max.

Revolving door

Louis Dreyfus named Patrick Treuer, a former Credit Suisse investment banker, its new finance chief. Peter Zaffino, the executive overseeing a turnaround effort of A.I.G.’s general insurance unit, was named as the company’s president. Pearson’s chief executive, John Fallon, will step down next year. Blythe Masters, the former JPMorgan executive and C.E.O. of the blockchain start-up Digital Asset Holdings, has joined the investment firm Motive Partners.

The speed read

Deals • Several suitors have reportedly expressed interest in acquiring the Spanish-language broadcaster Univision. (WSJ) • Now that PSA and Fiat Chrysler are combining, Carlos Tavares has a hefty to-do list. (Bloomberg) • Broadcom is looking to sell one of its wireless-chip units, a move that would accelerate the company’s shift away from its roots as a semiconductor maker. (WSJ) • Valence Media, the parent of Billboard magazine, is acquiring Nielsen Music, a transaction that comes as data takes on an increasingly outsize role in the music industry. (WSJ) • Adyen has sealed a deal to process McDonald’s mobile app payments, expanding the Dutch company’s portfolio of clients in a growing sector. (Bloomberg) • Short-sellers are betting against companies that they believe are unduly inflated by environmental, social and governance promises. (Reuters) • Direct lenders, including hedge funds and buyout firms, are preparing to dish out billions at a time to lure borrowers away from the $1.2 trillion leveraged loan market. (Bloomberg) • The year the markets stopped believing in unicorns. (FT) Politics and policy • President Trump has asked advisers for a plan to help ease student loan debt for Americans, according to senior administration officials. (WSJ) • Mayor Pete Buttigieg, a presidential candidate, cemented his place in the top tier of the Democratic primary after becoming more aggressive. (NYT) • As his coal mining company was going bankrupt, Robert E. Murray paid himself $14 million, gave his successor a $4 million bonus and earmarked nearly $1 million for casting doubt on human-made climate change. (NYT) • The special inspector general with the Troubled Asset Relief Program is calling for the U.S. to establish a national financial fraud registry. (WaPo) Brexit • After Prime Minister Boris Johnson’s election victory, activists who wanted Britain to stay in the E.U. have thrown in the towel. (WSJ) • Amazon is reportedly scouting sites in Ireland for a warehouse to fulfill orders currently shipped from Britain, as the Brexit deadline looms. (Bloomberg) Tech • Many people don’t hesitate to spend $600 on a cellphone. Here’s another device that money could be spent on: a toaster oven. (NYT) • Tesla shares hit an all-time high. (CNBC) • Chancellor Angela Merkel of Germany played down any public threats from China if her government were to bar Huawei from the country’s 5G network. (Bloomberg) • The Texas authorities say Google is trying to hamstring an antitrust investigation of the company brought by 51 attorneys general. (WaPo) Best of the rest • Wall Street analysts are unconvinced that Beyond Meat, the maker of “plant-based meat,” can repeat its stock performance from 2019. (Bloomberg) • If Prime Minister Boris Johnson of Britain decides to reshape the BBC, he has five ways to pursue it. (FT) • Edward Snowden is not allowed to profit from his memoir because he didn’t get publication clearance from the C.I.A. and the N.S.A., a judge ruled. (Bloomberg) • Inflation in Britain remained at a three-year low in November, comfortably below the Bank of England’s 2 percent target before its next interest rate announcement, which is expected today. (Reuters) • Coca-Cola documents show that the company’s public-relations goals included targeting teenagers, even as childhood obesity rates were rising. (WaPo) • Renaissance Technologies, which has produced the greatest investment returns of any hedge fund, may be facing a clawback over a tax maneuver. (WSJ) • Bernie Ebbers, the WorldCom C.E.O. imprisoned in one of the biggest frauds of the 20th century, will soon be free after serving just over half of a 25-year sentence. (NYT) Thanks for reading! We’ll see you tomorrow. We’d love your feedback. Please email thoughts and suggestions to business@nytimes.com. Read the full article

[tangtang7843-blog]

Larry Lubarsky – Wholesale Academy (Group Buy)   Uncover The Worthwhile Amazon Enterprise Mannequin That Helped Me Scale To eight-Determine Revenues in 2 Years   The Most Complete Program To Create, Run, And Scale Your Amazon Wholesale Enterprise To six, 7, And eight Figures. The Wholesale Academy Is The Solely Implementation Program Of It’s Type That Helps An Amazon Novice Remodel Into An Absolute Wholesale Professional. That is what you’ll get once you register for the Wholesale Academy  Idea and observe, plus actual life classes and examples for setting the foundations of a worthwhile Amazon Wholesale Enterprise. The main focus is on confirmed methods and content material you need to use RIGHT AWAY. 50+ video classes Over 40 hours hours of coaching Provider E-mail templates and cellphone scripts Stay Group Teaching Calls with me Enterprise Workflows + Checklists   Module 1: ORIENTATIONIn Module One, we’ll lay out a plan on find out how to take advantage of this program in order that it could possibly have the utmost impression in your Amazon enterprise Module 2: UNDERSTANDING THE BUSINESSIn Module Two, you’ll set a strong basis to your wholesale enterprise. By the top of this module you should have an in-depth understanding of the Amazon market, the wholesale enterprise mannequin, and find out how to correctly set your enterprise up for fulfillment.We’ll Cowl:2-1 Promoting on Amazon 1012-2 The Wholesale Enterprise Model2-Three Vendor Central 1012-Four Getting Started2-5 What’s Subsequent   Module 3: FINDING PROFITABLE SUPPLIERSIn Module 3, you’ll study the core milestone of what spells true success for a worthwhile Amazon wholesale enterprise – discovering worthwhile suppliers. On this module I share Eight strategies and over 9 hours of coaching on find out how to supply the proper suppliers, what standards they will need to have, the place to seek out them, and extra importantly find out how to open them as accounts!I’ll share the precise phrase for phrase scripts, templates and processes I take advantage of to beat objection and land a few of my most worthwhile distributors. Numerous inexperienced sellers use the incorrect strategy to contact suppliers.The teachings on this module will allow you to get rid of these errors and have you ever opening worthwhile wholesale accounts.We’ll Cowl:3-1   Intro to Wholesale Sourcing3-2   On-line Search3-3   Class Filtering3-4   Leaf Sourcing3-5   Software program Filtering3-6   Focusing on the Competition3-7   Commerce Present Lists3-8   The Secret to Profitable Wholesale Accounts3-9   Contacting Distributors & Wholesalers3-10 Contacting Brands3-11 From Results in Earnings   Module 4: BUYING THE RIGHT PRODUCTSIn module 4, I’m going to share all my secrets and techniques to discovering worthwhile and replenishable merchandise. Understanding what merchandise to purchase (and extra importantly which merchandise to keep away from) is without doubt one of the most necessary issues it's essential to know. I'm going deep in uncovering the do’s and don’ts of product analysis, offering over 10 hours of video walkthroughs of how I take advantage of these methods to supply my merchandise, negotiate reductions and shut worthwhile offers.We’ll Cowl:4-1   Sourcing 1014-2   Product Analysis 14-3   Product Analysis 24-4   Product Analysis 34-5   Product Analysis 44-6   Product Analysis Hack with Jungle Scout4-7   Scanning Value Lists with Software4-8   Scanning Value Lists with Tactical Arbitrage4-9   Scanning Value Lists with AMZ Analyzer4-10 Scanning Value Lists with Value Checker 24-11 Sourcing Tips4-12 Inserting Your First Orders4-13 Negotiating 1014-14 Working With Suppliers   Module 5: SHIPPING & LOGISTICSAs wholesale sellers on Amazon, we’re continuously liable for dealing with hundreds of bodily merchandise. Whether or not it’s putting orders from the suppliers, from receiving stock, to labeling, prepping and packing that stock. To transport it again out to Amazon and every thing in between, Module 5 will train you every thing that it's essential learn about dealing with, operating and working a wholesale FBA businessWe’ll Cowl:5-1 Amazon Transport 1015-2 Creating Shipments5-Three Product Prep5-Four Stock Workflow5-5 Provider Transport To Amazon5-6 Working with Prep Facilities   Module 6: MANAGING YOUR INVENTORYIt’s necessary to make sure all important parts of your enterprise are efficient, environment friendly, they usually contribute to the enterprise’s backside line. This implies you’ll learn to handle your merchandise on Amazon, perceive when and find out how to reorder stock, handle your cash, and use all of this info to make shopping for choices and guarantee a worthwhile FBA enterprise.We’ll Cowl:6-1 Stock Administration 1016-2 Conserving Monitor Of Your Products6-Three Pricing and Competition6-Four Replenishment Strategies6-5 Replenishing your Inventory6-6 Stock Administration Software6-7 Stock Well being   Module 7: ACCOUNT HEALTHIn module 7, you’ll learn to maintain your Amazon account in prime notch well being and keep compliance within the face of Amazon’s altering guidelines. What this implies is studying find out how to keep away from and take care of points, complaints, IP violations, account suspensions, in addition to establishing methods to run your enterprise the proper method.We’ll Cowl:7-1 Account Well being 1017-2 Coping with Customers7-Three Eradicating Adverse Feedback7-Four Account Administration   Module 8: GROWING YOUR BUSINESSYou’ve achieved the exhausting work (modules 1-7), carried out the methods, opened worthwhile wholesale accounts, and also you’re earning money. Congratulations! Module Eight tackles the “progress” side of your Amazon enterprise. How one can multiply your success and set the bedrock for scalability (extra on this within the superior trainings)We’ll Cowl:8-1 How To Achieve Wholesale8-2 Graduation8-Three Persevering with Schooling   Superior Trainings For Amazon Wholesalers Prepared To Scale (Worth: $5,000) For college students who’ve graduated from the principle course content material (core modules 1-8) and are able to scale their Amazon wholesale enterprise to 7 and 8-figures plus revenues I’ve created the Wholesale Academy’s Persevering with Schooling program This portion of the course is the equal of getting an MBA in Amazon wholesale. It consists of a big assortment of superior & supplemental trainings designed to construct upon what you’ve learnt in modules 1-8, after which skyrocket your enterprise to the subsequent stage. For entrepreneurs who're able to scale – that is your go-to useful resource for the most recent and biggest high-level Amazon FBA trainingExpect to:● At all times keep forward of the curve and updated with what’s working in wholesale TODAY – not Three years in the past or perhaps a yr in the past. The superior trainings will probably be up to date typically with recent content material as a way to take your Amazon schooling (and enterprise) to new heights. ● Get entry to premium content material (at the moment within the works) on the next subjects:■ Product Analysis Deep-Dives■ Cash, Revenue & Money circulate Methods■ Coping with Coverage Violations and Complaints■ Leveraging Digital Assistants to Scale Your Enterprise■ Itemizing Optimization■ Normal Working Procedures■ Promoting on Amazon in Europe■ Plus a lot extra!● Get notifications on new guidelines, insurance policies, and the methods it's essential keep forward of the sport so that you just by no means encounter “surprises”. ● As a pupil of the Wholesale Academy, you get lifetime entry to the superior trainings.   Plus You Get These Sport Altering Bonuses ○ Right here’s what you’ll study:● BONUS # 1 (worth: $2,500): Twice a month stay group teaching calls with me the place you'll be able to ask me ANY query about your Amazon wholesale enterprise. These calls will probably be recorded so don’t fear when you can’t make it stay.● BONUS # 2 (worth: $1,000): Interactive Visitor Trainings with different 7 and 8-figure wholesalers who’ll share with you the way they constructed their companies, the errors they made, what they did proper, and reply your questions. I'm going to be bringing in actually a number of the greatest & greatest wholesale sellers within the enterprise to assist college students of the Academy! ● BONUS # 3 (worth: $1,000): Amazon UK/EU Course: For Amazon wholesalers taken with increasing their operations in Europe in addition to for European Amazon wholesalers, I’m proud to launch this particular bonus which is a full-length course to reach this market. How one can capitalize on Amazon’s European FBA community and get model identify merchandise to Prime clients in 26 European nations. The step-by-step plan on find out how to take your Amazon US enterprise worldwide. How one can perceive and put together for abroad transport & logistics. How one can maximize worthwhile good points and reduce dangers when coping with foreign currency in non-US markets. Get aware of the essential understanding of VAT, the European equal of US gross sales tax, how that is important to your market entry technique, and what it means to your wholesale enterprise. ● BONUS # 4 (worth: $1,000): Amazon Bundles 101 course – Amazon product bundling is without doubt one of the greatest methods to spice up gross sales and earnings.It’s additionally top-of-the-line methods to seek out nice alternatives and keep away from listings with a number of competitors. On this bonus mini-course, I’ll present you precisely find out how to analysis, create and revenue from super-profitable bundle alternatives. (*this bonus will launch in early 2020). ● BONUS # 5 (worth: $1,000): Membership to The Unique Personal On-line Academy Fb Group – there’s a saying that your community determines your web price. This couldn’t be more true within the Amazon area. There’s pure gold on this group, and it’s the place you'll be able to actually faucet into the group, work together and get assist from different Amazon wholesalers. There will probably be stay Q&As, interviews with prime wholesalers, in-person meetups, masterminds, plus unique content material not printed anyplace else. ● BONUS # 6 (worth: $300): Three months of free entry to my very own customized Amazon software program – the identical one I take advantage of in my enterprise. (* this particular software program bonus launches in early 2020) ● **SPECIAL BONUS**(worth:priceless): THE RESOURCE LIBRARY. A invaluable companion to the core modules 1 -8, the “Useful resource Library” is dwelling to all of the instruments, information, scripts, templates and software program it's essential speed up your momentum in enterprise.○ You’ll have entry to: Provider scripts and e mail templates Product sourcing workflows & checklists My customized Potential Product & Provider Google sheets Coverage violations and appeals templates Deep reductions & entry to the entire software program I take advantage of Group low cost on provides, prep-centers, done-for-you web sites and ungating providers from a number of the prime service suppliers within the trade     SalesPage (extra information)  Archive Larry Lubarsky – Wholesale Academy Comprises: Movies, PDF’s   MEMBERS ONLY Signal As much as see all our obtain hyperlinks and hidden content material. 100% Satisfaction Assured Obtain as a lot as you want You may select from two membership choices: Lifetime or Month-to-month Begins at $23.95 What folks say... Login to fee Order by: Most recentTop scoreMost helpfulWorst rating Be the primary to go away a assessment. assessment.rating_title Present extra [ihc-hide-content ihc_mb_type="show" ihc_mb_who="2,3" ihc_mb_template="1" ] If broken links, please contact me via email or facebook. [/ihc-hide-content] https://mmomem.com/larry-lubarsky-wholesale-academy-group-buy/?feed_id=267&_unique_id=5ddbe67666139 #larrylubarsky #wholesaleacademygroupbuy

[blogging-power]

What happens when you get suspended by Amazon?

There are four unique types of Amazon seller account terminations, so it's essential to understand how they differ. We ordered them according to difficulty - from low to high.

ASIN inhibition In addition to suspending your account, you can also block your ability to sell ASIN (Amazon Standard Identification Number).

If ASIN is suppressed, it is still in the Amazon database. But you can't sell it - even if you own your product! However, similar to suspending your Amazon account, you can request an ASIN update.

To learn how to remove ASIN inhibition, see The following action plan (POA).

Suspension The first step Amazon takes in removing vendor privileges from its platform is to suspend the vendor account. This may sound like bad news, but a suspension means you have the opportunity to challenge the rest.

If successful, Amazon will disclose in the notice the reasons for the suspension and the appeal period, usually seven days.

Typically, when this happens, it means responding to Amazon's concerns by writing an Action Plan letter detailing how you can resolve their issues with your account.

Again, in this article, we discuss how to write an Action Plan letter.

Denied Once you submit your Amazon Action Plan, your POA may be rejected. Revoked status, however, is not the end of the world. To do this, you can rewrite and resubmit.

There is also no limit to the number of times appeals can be resubmitted.

We have seen allegations on vendor forums that say some vendors filed several letters of appeal before finally submitting POAs that were searched on Amazon.

Forbidden Finally, the worst-case scenario for a suspended Amazon seller is a total ban.

If you ban the platform, Amazon will no longer read your email. Letters and will not accept your action plans. In other words, judging done.

It may be possible to create another account, but Amazon is well versed in "sniffing" dummy accounts, so insurance usually (and effectively) ends your career as an Amazon seller.

Necessary: Take some time to reflect before taking action No matter what suspended account status has been given, don't forget to take a moment to pause and reflect on your circumstances.

Sometimes our first instinct is to respond immediately to a protest, but it can (and often does) respond.

Contact us to know more. Contact Details Contact number : +1 775-737-0087 Email : help@aplusglobalecommerce.com Website : https://aplusglobalecommerce.com/

[automaticpostinfluencer]

Trump team outlines plan to send payments to Americans

This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. All times below are in Eastern time. This blog will be updated throughout the day as the news breaks. 

Global cases: More than 201,000

Global deaths: At least 8,007

US cases: At least 6,496

US deaths: At least 114

All data above is provided by Johns Hopkins University.

12:57 pm: Oil plummets 18% in 3rd worst day on record, sinks to more than 18-year low

Oil plummeted 18% to a more than 18-year low on Wednesday as the coronavirus pandemic continues to sap demand for crude and as rising worries about a global recession lead to fears of longer-term demand destruction.

U.S. West Texas Intermediate crude fell 18%, or $4.83, to $22.12 per barrel, its lowest level in more than 18 years. WTI is on pace for its third-worst day on record.

International benchmark Brent crude shed 11.6%, or $3.33, to trade at $25.40, its lowest level since 2003. —Pippa Stevens

12:51 pm: Trump administration wants to send $500 billion in payments to Americans in two rounds

The administration’s proposed stimulus package to combat economic fallout from the coronavirus pandemic will include two rounds of direct payments to taxpayers totaling $500 billion, according to a document obtained by NBC.

The White House hopes to send out its first round of checks on April 6, and the second on May 18. It will base payments on income level and family size, according to the document.

Beyond direct payments, the government is looking to set aside $50 billion for the ailing airline industry, as well as $150 billion for “other distressed sectors.” It was not immediately clear which industries would be covered, but the tourism and hotel industries are among those that have also asked the government for relief. —Lauren Hirsch

12:42 pm: Dow tumbles 1,500 points to session lows as Wall Street’s unprecedented volatility continues

Stocks tumbled on Wednesday as the markets remained highly volatile with the government response to the coronavirus fallout still unfolding. A violent reversal in Treasury yields in response to a potential $1 trillion stimulus package helped to unnerve investors.

The Dow Jones Industrial Average dropped 1,547 points, or more than 7%. The S&P 500 fell 6.4% while the Nasdaq Composite slid 5.3%. —Yun Li, Fred Imbert

12:36 pm: The coronavirus crisis could inflict record-setting damage on the US jobs market

The first wave of bad economic news directly related to the coronavirus crisis is likely to come from the jobs market, and that could be delivered sooner rather than later.

Virtually all of the economic data releases out now cover periods before the COVID-19 spread began to zero in on the U.S.  Some of those reports have hinted at a slowdown heading into the worst of the virus period, but the extent of the damage has been hard to gauge.

That will change over the next week or so when the Labor Department releases the tallies for weekly jobless claims. —Jeff Cox

12:28 pm: Mnuchin says taxpayers must file by April 15, can delay payments for 90 days

The Treasury Department won’t extend the tax filing deadline for 2019 returns, Treasury Secretary Steven Mnuchin said on CNBC.

While the Treasury is giving taxpayers a 90-day reprieve on paying amounts owed from last year, you are still required to get your 2019 income tax return submitted by April 15, Mnuchin said on a phone call with CNBC’s Jim Cramer Wednesday morning. —Darla Mercado

12:22 pm: What the 1918 influenza pandemic can teach governments about coronavirus

From the closing of borders to mandatory quarantines, governments around the world are taking drastic steps to try to contain the coronavirus pandemic.

Past outbreaks provide a blueprint for governments navigating the challenges of COVID-19, which has spread to more than 200,000 people worldwide, according to Johns Hopkins University on Wednesday.

Pandemics such as the 1918 influenza offer one key takeaway: Clear communication from the federal government is key. —Elizabeth Schulze

12:18 pm: Amazon sellers brace for layoffs and worse after coronavirus-related products get priority

Amazon sellers are expecting the worst after the company said this week it will prioritize shipments of household staples, medical supplies and other coronavirus-related product over everything else.

In addition to household staples and medical supplies, Amazon told sellers it’s prioritizing categories such as baby products, health and household, beauty and personal care, grocery, industrial and scientific and pet supplies.

Amazon’s decision will help serve shoppers who need to buy toilet paper, disinfectant wipes and other coronavirus-related items, but it threatens to put third-party sellers who don’t offer those products in a major bind for at least the next few weeks. Many small retailers rely on Amazon to sell their products online, and the hit to sales has caused some to furlough or lay off employees to soften the blow. —Annie Palmer

11:59 am:  Restaurant industry asks for $145 billion government recovery fund

The National Restaurant Association is asking the federal government for financial relief for the industry as it forecasts sales declines of $225 billion over the next three months.

In a letter to President Donald Trump, House Speaker Nancy Pelosi and Senate Major Leader Mitch McConnell, the lobbying group asked for a $145 billion recovery fund from the Treasury Department for the restaurant and food-service industry. Other proposals included federally backed business interruption insurance, tax measures and disaster unemployment insurance. —Amelia Lucas

11:48 am: Gov. Cuomo says he won’t approve coronavirus ‘shelter-in-place’ order for New York City after mayor tells residents to prepare

A man with a mask pushes a cart with a sign reading corpse cartte at Times Square in Manhattan on March 17, 2020 in New York City.

Johannes Eisele | AFP | Getty Images

New York Gov. Andrew Cuomo said Wednesday he won’t approve a “shelter-in-place” order for New York City, a day after Mayor Bill de Blasio told residents to prepare for one.

“That is not going to happen — shelter in place, for New York City,” Cuomo said on The Daily podcast by The New York Times. “For any city or county to take an emergency action, the state has to approve it. And I wouldn’t approve ‘shelter in place.'” —Will Feuer

11:39 am: Mnuchin vows to prevent 20% unemployment in coronavirus response

Treasury Secretary Steven Mnuchin told CNBC on Wednesday the U.S. will not have 20% unemployment — a figure he reportedly warned Republican senators about in a private briefing — if they follow the Trump administration’s coronavirus plan.

“I’ve seen that number in the press,” Mnuchin told CNBC’s Jim Cramer in a television interview. “I didn’t in any way say I think we’re going to have that.” —Kevin Breuninger

11:31 am: America’s malls are asking the government for help as retailers, restaurants shut stores

The International Council of Shopping Centers, which represents America’s malls and shopping center owners such as Simon Property Group and Kimco, has sent a letter to the Trump administration seeking aid. The request comes as retail and restaurant store closures are mounting.

“These closures are placing an insurmountable strain on our members, and we believe federal government action is urgently needed,” ICSC CEO Tom McGee said. —Lauren Thomas

11:24 am: Sell-off on Wall Street accelerates, Dow now down 1,400 points

A man wearing a mask walks by the New York Stock Exchange (NYSE) on March 17, 2020 at Wall Street in New York City.

Johannes Eisele | AFP | Getty Images

Stocks tumbled Wednesday as the markets remained highly volatile with the government response to the coronavirus fallout still unfolding. A violent reversal in Treasury yields in response to a potential $1 trillion stimulus package unnerved investors.

The Dow Jones Industrial Average dropped 1,400 points, or more than 6.5%. The S&P 500 fell 6.1% while the Nasdaq Composite slid nearly 5%. —Yun Li, Fred Imbert

11:20 am: Honda, BMW close plants in US and Europe

Honda North America and BMW are closing plants throughout the U.S. and Europe this week due to an anticipated decline in demand for cars related to the global coronavirus outbreak. Honda said it will be closing four U.S.-based plants for six days starting Monday due to an anticipated decline in market demand.

Approximately 27,600 Honda associates in North America will be affected by this temporary suspension of production, but the company said it will continue full pay for all its associates. In Europe, BMW announced it has started to shutter its dealerships and plants, which will close by the end of this week. The interruption to the plants is scheduled to run until mid-April, the company said. —Noah Higgins-Dunn

11:15 am: Coronavirus will infect half the global population, EIU predicts

The new coronavirus will infect half of the global population and have a fatality rate of up to 3%, analysts said Wednesday.

“We assume that the virus will infect around 50% of the world population; 20% of the cases will be severe, and 1-3% will result in deaths,” analysts from the Economist Intelligence Unit said in a note.

As a result of the pandemic, the EIU predicted global growth would stand at just 1% for 2020 — down from its outlook of 2.3% before the outbreak began. It would mark the lowest rate in global gross domestic product growth since the global financial crisis, analysts noted. —Chloe Taylor

11:01 am: Coronavirus lives for hours in air particles and days on surfaces, new US study shows

A microscopic view of novel coronavirus.

Ffikretow | Getty Images

The new coronavirus can survive for several hours in air particles and last days on surfaces, according to a new federally funded study published in the New England Journal of Medicine.

Researchers from the National Institutes of Health, Centers for Disease Control and Prevention, UCLA and Princeton University examined how long COVID-19 survives in the air as well as on copper, cardboard, plastic and stainless steel and then compared it with SARS, the coronavirus that emerged in late 2002 and killed nearly 800 people.

They found that COVID-19 was detectable in aerosols for up to three hours, up to four hours on copper, and up to 24 hours on cardboard. The new coronavirus can also last up to three days on plastic and stainless steel, the scientists concluded, adding the amount of the virus left on those surfaces decreases over time. —Berkeley Lovelace Jr.

10:55 am: Volunteer threatened with lawsuit after 3-D printing an $11,000 valve for $1

In Italy, a good Samaritan could be facing legal action for providing a hospital with special valves needed for breathing equipment that keeps coronavirus patients alive, according to a report from Techdirt.

Cristian Fracassi used a 3D printer to make the valves after the original manufacturer could not provide them due to overwhelming demand. Fracassi had to design the valves himself after the manufacturer refused to provide the 3D files, and he ultimately donated more than 100 valves to the hospital, each one costing him around $1 to make.

The regular listing price of the valve is about $11,000, and the manufacturer has threatened to sue Fracassi for patent infringement, leaving him fearful of sharing the 3D file with other hospitals that need the valve. —Hannah Miller

10:43 am: With Europe now the coronavirus epicenter, fears rise over a break up of the euro zone

The euro zone, in which 19 countries share the same currency, has struggled to grow since the sovereign debt crisis of 2011.

At the time, highly ndebted nations, such as Spain, Portugal and Greece, could not get financing from financial markets and asked for external help to support their economies.

Their financial difficulties raised concerns for the bloc’s future: analysts warned it was ill-equipped to deal with financial shocks and may not survive. Almost a decade later, the same debate is back on the table, with the euro area struggling to come together to combat the coronavirus crisis. —Silvia Amaro

10:35 am: Lawmakers scramble to move on the White House’s push for a $1 trillion stimulus package

The White House and Congress are scrambling to hash out the details of a massive stimulus package to help a U.S. economy increasingly damaged by the coronavirus pandemic.

There had been hope on Capitol Hill that Congress could pass a deal this week, as President Donald Trump seeks a measure with over $1 trillion in spending.

But the -GOP-controlled Senate has yet to pass a second relief bill already passed by the Democratic-led House, creating uncertainty about stimulus. —Lauren Hirsch

10:29 am: Sen. Marco Rubio wants to offer small businesses money so they can keep paying employees

Marco Rubio

Joe Raedle | Getty Images

The Florida Republican told CNBC he wants to use a network of lenders for an existing program to help small businesses and employees.

“We are trying to figure out the most effective way to get cash into the hands of small businesses so that they can maintain payroll for at least a six-week period,” he said.

Rubio is sponsoring Senate legislation to match Trump’s call for $50 billion in loans from the Small Business Administration. —Matthew J. Belvedere

10:15 am: Russia deploying disinformation to sow panic in West, EU document says

Russian media have deployed a “significant disinformation campaign” against the West to worsen the impact of the coronavirus, generate panic and sow distrust, according to a European Union document seen by Reuters.

The Kremlin denied the allegations on Wednesday, saying they were unfounded and lacked common sense.

The EU document said the Russian campaign, pushing fake news online in English, Spanish, Italian, German and French, uses contradictory, confusing and malicious reports to make it harder for the EU to communicate its response to the pandemic. —Reuters

10:11 am: Coronavirus lockdown now? This guy explained quarantine strategies with a bucket of water and it’s gone viral

A home-made movie showing a man in his backyard using a bucket of water to explain the British government’s strategy for tackling the coronavirus has gone viral. Robert Isaacs, a podiatrist, posted a video of himself filling up a plastic bottle to help explain how the U.K.’s National Health Service could be overwhelmed if coronavirus cases in the country peak.

In the video, he fills a large bucket with water, which he says represents the British population. He then gradually pours this into the plastic bottle, which represents the NHS.

“There’s been a few people talking about the government strategy on COVID and wondering why we’re not shutting everything down now. Italy has done it, everyone else has done it. Why are we not doing it? Well, it is counter-intuitive, so it is sort of worth unwrapping, but it does make a certain amount of sense,” he says.

10:03 am: White House seeks $45.8 billion to cover ‘unanticipated’ coronavirus costs for government

The Trump administration requested an additional $45.8 billion from Congress to cover “unanticipated” costs incurred by government agencies responding to the novel coronavirus crisis.

That request is separate from existing funding requests that could total more than $1 trillion as officials at every level of government work to contain the coronavirus.

Acting Director of the Office of Management and Budget Russell Vought said in a letter to the Senate that the additional money will be used “to address ongoing preparedness and response efforts.” —Kevin Breuninger

9:59 am: Trump says US will close the border with Canada to nonessential traffic due to coronavirus

US President Donald Trump (L) talks with Canada’s Prime Minister Justin Trudeau during the plenary session of the NATO summit at the Grove hotel in Watford, northeast of London on December 4, 2019.

Nicholas Kamm | AFP | Getty Images

President Donald Trump said the United States will temporarily close its border with Canada to nonessential traffic due to the coronavirus pandemic.

“We will be, by mutual consent, temporarily closing our Northern Border with Canada to non-essential traffic,” Trump wrote in a tweet.

Trump’s move came a day after the European Union agreed to close its external borders to noncitizens, and two days after Canadian Prime Minister Justin Trudeau announced similar restrictions on his country’s borders. —Dan Mangan

9:50 am: Investor Bill Ackman advises Trump to shut down the country, saying stock market ‘will soar’

Pershing Square’s Bill Ackman called on the president to close the nation’s borders and offer Americans a one-month tax holiday “Spring Break.”

“The moment you send everyone home for Spring Break and close the borders, the infection rate will plummet, the stock market will soar, and the clouds will lift,” Ackman wrote.

The investor warned that further delays to such a shutdown would continue to have disastrous costs to human life and pressed Trump to “please send everyone home now.” —Thomas Franck

9:42 am: Japanese flu drug could be effective in treating coronavirus, report says

This photo taken on February 20, 2020 shows doctors looking at a lung CT image at a hospital in Yunmeng county, Xiaogan city, in China’s central Hubei province.

STR | AFP | Getty Images

Chinese medical authorities have claimed a drug used in Japan to treat new strains of influenza appears to be effective for those infected with the coronavirus, Japan’s state broadcaster NHK reported.

Zhang Xinmin, director of China’s National Center for Biotechnology Development, said the favipiravir drug had produced positive outcomes during clinical trials in Wuhan and Shenzen. The report on Tuesday said 340 patients had taken part in the clinical trials.

“It has a high degree of safety and is clearly effective in treatment,” Zhang told reporters. —Sam Meredith

9:38 am: Scotland says schools will close from Friday

Scotland will close its schools from Friday and people should not assume they will open again until the end of the summer term, Scottish First Minister Nicola Sturgeon said.

Wales also said schools could close on Friday. —Reuters

9:35 am: Cannes Lions advertising festival postponed until October

Delegates wait in line at Cannes Lions International Festival of Creativity, Cannes, France, June 2019

Cannes Lions

The Cannes Lions International Festival of Creativity, the ad industry’s major awards festival and conference held in France each summer, is postponing its June conference due to the coronavirus, organizers announced Wednesday.

The festival is now scheduled for Oct. 26-30. Conference organizers said earlier that passes, sponsorship arrangements, and bookings will roll over and remain valid. —Megan Graham

9:30 am: Dow plunges 1,300 points as a stretch of unprecedented volatility continues

Stocks tumbled on Wednesday as the markets remained highly volatile with the government response to the coronavirus fallout still unfolding.

Wall Street has been on an unprecedented roller-coaster ride amid the coronavirus turmoil, with the S&P 500 swinging 4% or more in either direction for seven consecutive sessions. This tops the previous record of six days from November 1929, according to LPL Financial. The S&P 500 is 25% off its record high through Tuesday’s close. —Fred Imbert, Yun Li

9:22 am: Total US reported cases at 6,496, with the most in NY at 1,708

9:18 am: Ben Bernanke and Janet Yellen are urging the Fed to go beyond authority and buy corporate bonds

Former Federal Reserve chairs Ben Bernanke and Janet Yellen recommend that the central bank continue trying to shore up the economy against the coronavirus threat, even suggesting that it go beyond the powers it currently enjoys.

In a Financial Times essay, the two say the Fed should look for more authority that would give it the power to purchase corporate bonds on top of the Treasurys and mortgage-backed securities it already plans to buy. —Jeff Cox

9:11 am: What America can learn from China’s use of robots and telemedicine

As countries around the world grapple with COVID-19, front line medical workers are deploying robots, telemedicine, and other technologies to help contain the pandemic. China and Spain have used drones to monitor people during lockdown campaigns, while South Korea has deployed them to help disinfect areas in Daegu, an epidemic hotspot.

Antwork, a group company of Japanese industrial drone maker Terra Drone, flew medical samples and quarantine materials in China’s Xinchang in February during the height of the epidemic.

Earlier this month, a field hospital staffed by robots opened in the Hongshan Sports Center in Wuhan, China, where the pandemic began. Dubbed the Smart Field Hospital, the facility is a project involving Wuhan Wuchang Hospital, China Mobile, and CloudMinds, a maker of cloud robotics systems based in China and the U.S. The Smart Field Hospital is a trial aimed at relieving exhausted health-care workers even as the outbreak in China slowed in recent weeks. —Tim Hornyak

8:06 am: Medicare and Medicaid administrator explains Trump order to expand telemedicine

Centers for Medicare & Medicaid Services Administrator Seema Verma said the Trump administration’s move to expand telemedicine is critical for all American seniors, even those who are experiencing health issues unrelated to the coronavirus. “They don’t have to travel. They don’t have to sit in a waiting room,” she said on CNBC’s “Squawk Box.” For seniors who are experiencing COVID-19 symptoms, it also allows them to communicate with their doctors without the risk of spreading it to others. “It is a game changer,” she said. —Kevin Stankiewicz

8:00 am: Mayo Clinic CEO assures ‘there’s a significant supply of ventilators’ 

Mayo Clinic CEO Gianrico Farrugia said Wednesday the U.S. could have enough ventilators to treat critical COVID-19 patients if Americans take social distancing seriously enough. “There’s a significant supply of ventilators. They may not always be in the right place,” he said on CNBC’s “Squawk Box.” While it’s impossible to predict how many the U.S. will need, Farrugia said the “less cases we have in the United States, the less ventilators we’re going to need, and if we can space that over time then I do think we’ll have enough ventilators.” —Kevin Stankiewicz

7:42 am: Worldwide cases top 200,000

COVID-19 cases surpassed 200,000 worldwide as the new coronavirus continues to spread outside of China, the original epicenter of the outbreak.

The total number of cases now stands at 201,436 as of 7:30 a.m. ET on Wednesday, according to data compiled by John Hopkins. It counted 8,008 deaths and 82,071 recovered cases.—Will Feuer

7:24 am: Absolut Vodka-owner Pernod Ricard to help make hand sanitizer

French premium alcohol company Pernod Ricard, whose products include Absolut Vodka, is offering its services to fulfill worldwide demand for hand sanitizer. In the U.S., the company will convert manufacturing facilities in Kentucky, West Virginia and Texas to make the gel. It is taking similar measures in Spain, Ireland, and Sweden and plans to do so in the United Kingdom. In France, the premium liquor-maker is donating 70,000 liters of alcohol to Labratoire Cooper, a major supplier of hand sanitizer. —Lauren Hirsch

7:19 am: Stock futures drop amid unprecedented volatility

Stock futures pointed to big losses in premarket trading as the markets remained highly volatile with the government response to the coronavirus fallout still unfolding. A violent reversal in Treasury yields in response to a potential $1 trillion stimulus package helped to unnerve investors.

Around 6:42 a.m. ET, futures on the Dow Jones Industrial Average indicated a more than 1,000-point loss at the open. —Fred Imbert, Yun Li

7:14 am: Mnuchin warns of 20% US unemployment

Treasury Secretary Steven Mnuchin, delivers remarks on the coronavirus relief package after the Senate Republican Policy luncheon in Russell Building on Tuesday, March 17, 2020.

Tom Williams | CQ Roll Call | Getty Images

Treasury Secretary Steven Mnuchin warned Republican senators that the country’s unemployment rate could hit 20% if they failed to act on a proposed coronavirus rescue package, a person familiar with the closed-door meeting said.

Mnuchin met with senators to persuade them to pass a $1 trillion stimulus package that would send cash to Americans within two weeks, and backstop airlines and other companies. A Treasury official said Mnuchin was not providing a forecast but trying to illustrate the potential risks of inaction. —Reuters

6:54 am: Ikea to temporarily close stores in Europe and North America

Swedish home retailer Ikea is to temporarily close stores in the Netherlands, Belgium, Portugal, the U.S. and Canada. Stores in Denmark are already temporarily closed, Reuters reported. U.K. and Ireland stores remain open, for now. — Holly Ellyatt

6:48 am: Iran’s death toll from coronavirus jumps to 1,135

Iran’s death toll from the coronavirus climbed to 1,135 with 147 new deaths in the past 24 hours, a health ministry official told state TV, Reuters reported. The total number of infected people across the country has reached 17,361.

“Unfortunately there were 1,192 cases of infected people in the past 24 hours. … Please follow the guidelines and stay at home,” Iran’s Deputy Health Minister Alireza Raisi said. —Holly Ellyatt

6:09 am: Toyota to stop output at more plants in Europe

A 2020 Toyota Highlander goes down the line at the automaker’s plant in southern Indiana.

Toyota

Toyota said it planned to stop output at more vehicles plants in Europe. In a statement, the Japanese automaker said it had stopped operations at plants in the U.K. and Poland from Wednesday, and those at its Czech site would be halted Thursday. Operations at its French site are already suspended. Operations at its Turkey site would be suspended from Saturday but U.S. plants have not been affected so far, the company said. —Holly Ellyatt

6:02 am: Celebrities are ‘touring’ social media amid cancellations 

5:30 am: EU will close external borders for 30 days

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Thomson & Holt Explain How to Avoid Amazon Suspension Through Phishing Scams

Phishing emails have long been the scourge of online shoppers - and now they are a genuine threat to Amazon Sellers who can see their businesses turned upside down in an instant.

Sophisticated hackers have developed ways to enter Sellers’ accounts should they click on certain links from scam emails, potentially causing huge disruption to your business.

The hackers can then change the bank details from your account to theirs, meaning that all of the funds from your sales are going directly to somebody else’s bank account.

When you raise the issue with Amazon your account can then be suspended for fraudulent activity - hitting businesses where it hurts not once but twice.

There are measures to take to avoid such scenarios, but should you find your business in that situation, the most effective way to remedy it is by contacting Thompson and Holt as quickly as possible.

Managing director Craig Gedey explained: “This can be a nightmare scenario for Amazon businesses.

“Not only do you have the considerable worry of your account being hacked and funds being directed to somebody else, but you can then be suspended and face a period of time where you are unable to operate your business.

“The onus is on you to explain to Amazon how and why you have been hacked, and it can be a daunting process.

“But it is one that Thompson and Holt’s experts are familiar with and can guide you through quickly and effectively, restoring your account settings, returning funds and getting your business back up and running online.”

Thompson and Holt has discovered direct examples of these phishing emails, with one shown below:

“Dear Customer,

We have detected a slight error in your account information.

This might be due to either of the following reasons:

1. A recent change in your personal information ( i.e.change of address, phone number).

2. A recent change or update of your inventory

3. Submiting invalid information during the initial sign up or sign in process.

Due to this, you are required to confirm and verify your account information by following the link below to login to your account. It will enable us rectify and clear errors.

Your Payment Account may be subject to certain limits, which may affect your ability to make or receive payments or to withdraw funds. Please respond to our inquiry and deliver to us any information requested by us regarding any disputed sales transactions within 3 business days of our request.”

Amazon itself has clear directions of what to look out for if you suspect a scam or phishing email, which is worth reviewing.

For Sellers, any requests for your Amazon username, password or personal information such as a National Insurance Number, PIN number of security answer, should be immediately dismissed. Amazon will NEVER ask for personal information to be supplied by email.

Similarly, avoid any requests to update payment information through links in emails - Amazon would also never request this. Instead, the company includes instructions on how to verify your account information, including payment options, through the Amazon.co.uk website.

You should never click on any links that look similar to Amazon.co.uk but have subtle differences, or look completely different. As Amazon points out, they will never send e-mails with links to an IP address such as “http://123.456.789.123/amazon.co.uk/".

It’s also crucial to check email addresses that make it look like the sender is from Amazon when in fact it isn’t on closer inspection.

Any prompts to install software or download attachments are also to be avoided, and look out for grammatical errors such as in the example above, where “submitting” is spelt incorrectly.

Reporting such emails will also help the site in the battle against them, but should the worst already have unfolded, contact Thompson and Holt promptly to begin the process of rectifying the situation.

[sellerstrategies4ny-blog]

Seller Strategies International

Right here's a vital caution for all third-party sellers on the Amazon industry.

Altering your checking account info at a time when the retail giant has just presented a new safety procedure could lead to the suspension of your seller account.

To shield you and also other third-party sellers from persistent hackers, Amazon.com has actually come up with a Two-Step Confirmation (2-SV) which includes an added layer of safety to your account.

So presently, the firm does not invite any changes which you might make to your checking account details; noncompliance will bring about your account's suspension.

Vendors whose accounts have actually been put on hold had to wait for hours or even weeks to be reinstated.

There are different reasons why you would wish to change the details on your checking account, however holding it off for the time being will certainly serve you well.

Closing your existing account and opening up a new one could be even worse, so prevent doing this whatsoever prices.

Although other vendors are gloating that they have actually efficiently updated their bank accounts and also not encountered any kind of effects in all, a larger percent of whom are now crying over spilt milk.

In case your bank has actually performed a system upgrade and automatically transformed your savings account number, it would be important to inquire if they might potentially activate your brand-new number when the dust has actually cleared up.

Do not let Amazon.com detect an inconsistency in the checking account which you have actually linked to your seller account, otherwise you'll be suspended without prior alert.

Amazon's additional layer of protection

By allowing Amazon.com's 2-SV in your Seller Central account, you will make the work of cyberpunks incredibly challenging, if not inadequate.

The extra protection layer will need you to go into a security code apart from your login details when you check in to your account.

You could obtain the safety code through e-mail, text message or an authenticator app from Google which is downloadable to your phone.

Amazon urges all vendors on their industry to enable 2-SV the soonest time that they can to ensure that they could prevent any type of possible assaults that could come their means.

Below is an excerpt from the message of Amazon.com Seller Support:

" We know there are bad actors available, and while I can't hypothesize on their objectives, our company believe the use of 2-SV is a critical protection procedure that sellers ought to enable and keep in their tool kit without waiting till June 30th when it comes to be a demand."

If you have not allowed 2-SV in your Seller Central account yet, head over to the Help & Customer Service web page on the Amazon.com site as well as follow the actions there.

Some vendors claim the sign-up procedure was quick and straightforward, however to others it was nightmarish.

Your experience might be different and also worth sharing.

All was fine, business-wise, for Mary up until the fateful day when a consumer sued her in connection with a serious skin flare-up credited to the lotions sent out to her by Mary. When Mary sued, she remained in for a shock: the insurance provider refuted coverage due to the fact that her policy was wrongly rated as a web store. As someone that put her firm labels on her lotions, she needs to have been ranked 'a manufacturer'!

Regrettable her representative did not catch the mistake! The monetary repercussions had a significant result, ultimately requiring her to declare bankruptcy.

While this spells out the seriousness of watching for troubles with a policy, there are various other types of insurance coverage that an Amazon seller should be extremely mindful of.

Various other Plans for the Amazon Seller

One of the chief issues any Amazon seller has is the opportunity of being put on hold from the Amazon.com network of sellers. If this occurs, the loss of income can be significant. Amazon Suspension Insurance Coverage is the top coverage that is recommended for the sector across the board.

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Amazon Seller Suspension and Cancellation Cover Now Available Worldwide

Amazon sellers can get protection of up $70,000 if rival sellers start taking potshots at them, thanks to the new Monitor & Protect service

For Amazon sellers, having their account suspended has become an occupational hazard. But this doesn’t mean that it’s any less damaging when it happens. Sellers have to contend with the fact that they have little or no funds coming in, while expenses like staff costs and rent still have to be paid.

Using a suspension consultant is a great way to get reinstated quickly, but if Amazon have a backlog, your account could still be out of action for a while.

Now Thompson & Holt have an innovative new type of cover for Amazon sellers, included as part of their Monitor & Protect package. This includes account health notifications and listing hijack alerts, to help sellers avoid suspension in the first place.

But if sellers do get suspended through no fault of their own, there’s cover to fall back on of up to £50,000 (around $70,000), underwritten by Lloyd’s of London. This allows sellers to claim back lost revenues, less any savings made, while their business was unable trade.

Who is eligible for the cover?

The new suspension cover is included free in Monitor & Protect, which is available to sellers anywhere in the world, selling on any of Amazon’s marketplaces.

The only requirement is that they have been selling on Amazon for over a year, and have an average seller feedback rating of 3.49 or higher. They must meet all of Amazon’s own requirements, of course, such as having product and general liability insurance.

How does it work?

The cover reimburses sellers for revenue lost while their account was suspended, less any expenses that they saved, for example by not having to ship orders or buy stock.

Sellers who subscribe to the Monitor & Protect package, and subsequently have their account suspended, will need to contact Thompson & Holt straight away and provide them with the evidence needed to support their appeal.

Thompson & Holt will write a Plan of Action for the seller to submit to Amazon. There’s no charge for this, as the Monitor & Protect service includes one suspension appeal per month as part of the package.

The suspension cover kicks in after the first five days of suspension. So, if a seller was suspended for ten days, they would be reimbursed for up to five days of their average revenues. If a seller is suspended for five days or less, they won’t be able to make a claim under the cover.

The suspension cover runs for a maximum of 65 days from the date of the suspension, or until the total to be reimbursed reaches £50,000 (around $70,000) – whichever happens first.

Rather than pay out on a daily basis, sellers make a claim when they’ve been reinstated, or reached the limits of the cover. Their claim will then be reviewed and when it’s been processed, they will receive a lump sum for the whole period that they were suspended.

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The ultimate Battle Of Cost Effectiveness

The ultimate Battle Of Price Effectiveness

Not only do you study to work with your hands placing these fashions together however the top result is often a wonderful mannequin that the maker might be happy with. I keep trying new merchandise, however ultimately I keep reaching for the Klasse. A big dent on the hood or a scratch alongside the door might be a complete spoiler to your trip mood after your return. Within the back of your mind, you expect to stroll in, have the display screen door creak shut, and have everybody in the place stop speaking and slowly flip to take a look at you. But after all, like most Individuals, I shortly went out and bought one other home and acquired again into debt, and my stress degree went again up once more. For diagnostic purposes, start with the connector closest to the problem aspect (tail light, flip sign, whatever) and then follow your way again. By giving ads about shopping for or selling Used Cars can surely show you how to improve variety of consumers and sellers. All seven-hundred sequence cars were provided with turbocharged engines, stiff chassis and sturdy shock absorbers that provide the very best performance at any driving condition.

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When that occurred the brand turned just another certainly one of many bland, cloned and boring cars from the GM components bin. Cars and watches go collectively perfectly. US wont break your bank account and plenty of can even match the criteria of fun to drive household cars. Matchbox, the cashier have to be questioning why I bought identical models in multiples. As of 2009, there have been only two predominant manufacturing plants situated in Japan. Amazon sells lots of stuff, to make certain, however is there room for exponential growth? Regulated by the engine ECU, particular solenoid valves control the quantity of gasoline being injected in each cylinder. It has a troublesome suspension and an injected turbo engine. So the output spins as soon as for every two-thirds of a rotation of the engine. My Kuwaiti automotive insurance coverage doesn't cowl that. Hence you must avail the automotive insurance coverage Missouri. With bucket seats and a no-raise function this car is the best base for a supped-up sports activities car.

[thompsonandholt-blog]

Amazon Insurance: Why It Is Necessary For Sellers?

There are many sellers on Amazon. Many of them are worried about cart abandonment and product returns. Yes, sellers actually have a fear that they will lose access and sales; they even worry about accounts being suspended, if not valid.       

Being banned from such a big site sometimes poses a threat to the finances; what if your account is suspended and what if you aren’t able to sell? Well, this is the biggest fear if Amazon is the main marketplace and the main income source. What if you don’t have a regular job or a traditional brick and mortar store? 

After being banned, you might not even be able to meet everyday expenses. Amazon suspension is caused due to a variety of reasons. This might be due to shipment, late response, high cancellation rate or high order defect rate. Sometimes, there are instances wherein seller gets banned owing to the strategies of the competitor.

Yes, there are many sellers on this platform who pay huge sums of money and get fake reviews on competition products. Nowadays, it’s necessary to protect yourself from such frauds and take Amazon insurance from an insurance company.   

Protect yourself 

Seller can be banned from Amazon without any reason or notice, no matter how the performance or rating of the seller is.  Obviously, you wouldn’t wish to suffer from this problem, isn’t it? So, this is a great way of protecting yourself & business. 

There are insurance companies that offer many Amazon sellers suspension insurance plans for compensating sellers for expenses and lost sales due to suspension. You can insure business of all sizes and the period ranges from 30 days to 180 days. 

Monthly premiums depend on several factors and some of them are annual sales, feedback rating etc. Even those sellers who have their accounts suspended in the past can apply for this. However, their premiums will be influenced. 

Receive payout and be reinstated 

If you are banned from this platform, the account can be reinstated within 72 hours.  The amount that’s received will depend on the total sale volume as well as daily expenses.  However, coverage takes effect only after the specified waiting period. 

During this period, daily expenses have to be shouldered and they are considered to be an insurance deductible. If this suspension is lifted before that period gets over, there is no way in which money will be given through the policy. 

Getting suspended is not a joke at all.  Protect yourself with Amazon seller insurance and enjoy the benefits of this. Read the terms and conditions properly & accordingly make the purchase. You need to have clarity about each and everything.

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