One of the hardest parts of learning how to sell on Amazon is the process of gaining confidence in your inventory sourcing skills. When we’re looking for profitable items to add to our Amazon inventory, we might get caught up in worry that we’re making a bad decision. What if the price tanks? What if
Overcoming Your Fear of Training Your Competition via Outsourcing
We all need help. Especially when it comes to running an Amazon FBA business, we need help in order for our business to grow. Sure, there are days when I feel like no one can Tetris the contents of an FBA box quite as well as I can, but in reality my business has more
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
Top Retail Arbitrage Tips for Clearance Sourcing for Amazon FBA
In my last post I covered 5 retail arbitrage (RA) sourcing tips for Amazon FBA success. Today I want to narrow the focus a bit to talk specifically about clearance sourcing at retail stores. Clearance sourcing is always a lot of fun because you can find items at super low prices that you can potentially
Review of Tactical Arbitrage
It has been a while on the blog since we have taken a dive into strategies for online arbitrage (OA), so I want to spend some time today talking about the main online arbitrage tool we use for finding profitable inventory from online stores to resell on Amazon: Tactical Arbitrage. If you feel like you
The Top 5 Features of the New Scoutify 2 Amazon FBA Sourcing App
In the spring of 2017, I got a message from Kimberly of InventoryLab. She knew I am a huge fan of both InventoryLab and Scoutify (the Amazon sourcing app that comes bundled with InventoryLab). She wanted to know if I wanted to be a beta-tester for the all new Scoutify 2 sourcing app. Heck yeah!
Decoding the Electronics Amazon Sales Rank Code
Most resellers rely on Sales Rank when making purchasing decisions. For reasons known only to Amazon, the category of Electronics often does not provide a category wide sales rank. Many times when scanning an Electronics product, a scouting app (like Scoutify) will return a sales rank of 0 or N/A (Not Applicable). In almost all
The 2 Best Retail Arbitrage Sourcing Strategies
Retail arbitrage can be very profitable. The feeling of anticipation when you walk into a retail store is extremely motivating. I always advise other resellers to grab a shopping cart when they first enter a store because they need to be mentally ready for a big haul. Now, the big haul doesn’t always happen, but
Overcoming Your Fear of Leaving with an Empty Shopping Cart
We’re well into our second round of blog posts in our series on Overcoming Your Amazon FBA Fears. If you want to catch up on the previous posts, click here to read through them. Today we’re going to discuss a fear that can strike deep in the heart of anyone who spends time doing retail
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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