No matter if you have one hundred, one thousand, or even ten thousand items in your Amazon inventory, having your items priced competitively is one of the best ways to increase profits. No matter how long your inventory has been sitting in an Amazon warehouse, it’s very likely that new competition has come into the
How to Choose a Quality Prep Center For Your Amazon FBA Business
By now you’re probably convinced – getting your Amazon inventory out of your house and into a prep center to be processed for shipment to the FBA warehouse has to be a good thing, right? As we covered in our previous blog post, using a prep center frees up your time, frees up space in
Review: Tactical Arbitrage Academy
Raise your hand if you’ve ever paid for a gym membership, used it once or twice, and then stopped going because it was a lot of effort for not a lot of results (at least not a lot of results right away). It’s ok to admit it; we’ve all been there. The people who get
Amazon’s Leadership Principles – How They Can Improve Your FBA Business
Do you consider yourself an Amazon leader? Whether you realize it or not, if you sell through the Amazon FBA program, you ought to consider yourself someone with a position of leadership. A while back, Stephen and I took a tour of an Amazon FBA warehouse in our local area. One of the many things
How to Handle Rolling Long-Term Storage Fees
Recently, Amazon made a very significant fee change… and most Amazon sellers are clueless how it will impact their Amazon business. But whether you are paying attention to this fee or not, there are things you can do right now to not only best handle this fee, but also find ways to avoid this fee
Time vs Money – How to Get More of Both
One of the key components of moving forward to greater success in your Amazon FBA business is rightly understanding the relationship between time and money. When it comes to running a business, you must understand the finite nature of your resources. Your time and energy are limited. Once you spend them, you can’t get them
How to use Scoutify to Find Profits in Amazon Restricted Items
It’s so frustrating. You’re out sourcing for inventory and finally find a profitable item, only to discover you’re restricted from selling that item on Amazon. Seriously?! When this happens to me, I usually just put the item back on the shelf and keep sourcing. I try to forget about that restricted item and move on with
How to Compete against Amazon and Win
I’ve heard it before and thought it was true. Well meaning people have said, “If Amazon is selling the item, then run away as fast as you can. You can never win against Amazon.” I followed this advice for many years thinking if I were to compete against Amazon, I’d always lose. It turns out they
How to Use Inventory Lab to Track Supplier Profitability
Let’s talk profitability, shall we? You’ve likely heard us mention that we use the Inventory Lab software package to streamline our process of listing inventory on Amazon FBA and for sourcing inventory through the Scoutify app. Today we want to share with you another feature of Inventory Lab that we’ve come to depend on: the
Overcoming Your Fear of Buying High Ranked Items
I’m like any other Amazon FBA seller out there – if I could source and sell only low ranking, fast turning items at 100% ROI (return on investment) or higher, I would choose to do that every day, all day. That’s what we all want to do, right? Maximize our ROI and maximize the speed
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