We (Stephen and Rebecca) have been selling on Amazon for over a decade, and our goal is to source inventory that will sell via FBA within 30 days of being active on the Amazon website. In order to meet that goal, we have strategies for sourcing and strategies for after the product is live on Amazon.
In today’s episode, you’ll hear our strategies and the tools we use for meeting this goal of selling our inventory as quickly and consistently as possible – and for the highest profits! There are strategies we use while sourcing, and other strategies we use after our inventory is live on Amazon, and we’ll share them both with you today!
Listen on the podcast player below.
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Key points from Episode 245:
Our goal is to sell our inventory within 30 days of arrival at the Amazon warehouse in order to make consistently high profits.- The quicker our inventory sells, the lower our storage fees.
- Keepa is our number 1 sourcing tool for checking sales history data to make smarter buying decisions.
- Knowing competition levels helps us make smarter sourcing decisions; we use Helium 10’s Sales Estimator to check on buy box competition.
- After an item is at the Amazon warehouse, we use an automatic repricer like BQool to stay competitively priced and sell our inventory for the highest profit in the shortest amount of time.
Links and resources mentioned in this episode:
Episode 47: How an Automatic Repricer Literally Doubled My Amazon Sales- Episode 136: The Most Profitable Pricing and Repricing Strategies
- Keepa tutorial video
- The Reseller’s Guide to Keepa
- Helium 10
Use the code FULLTIMEFB6M20 for 20% off your first 6 months.- Use the code FULLTIMEFB10 for 10% off every month or 10% off the annual membership.
- BQool
- Full-Time FBA Email for requesting our BQool repricing rules
- Keepa
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THE FULL-TIME FBA
COACHING PROGRAM
Selling on Amazon might sound easy… but it’s not. Too many Amazon reseller “gurus” will try to get you to fall for an Amazon reseller “get rich quick” scheme, but we’re here to tell you the truth:
- Selling on Amazon is hard, especially when you’re all by yourself… BUT it’s so much easier with a guide — and we’re here to help.
- Selling on Amazon is not a “get rich quick” scheme… BUT it can be a “get rich slowly” plan. With commitment to working hard, combined with our expert guidance, you can start making a full-time income selling on Amazon within about a year.
That’s why you’re invited to join our 12-month long Full-Time FBA Coaching Program. No matter if you’re brand new to selling on Amazon or if you have a few years of experience, our coaching program will take you from where you are to making a full-time income in about 12-months.
We’ve been coaching sellers like you for over a decade and have found what it takes to help you make that full-time income dream into a reality. Find out more about The Full-Time FBA Coaching Program (including how to set up a Connect Call with me to ask your specific questions about the program).
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