When it comes to selling on Amazon, we all want to make money…and it’s safe to say that most of us actually want to make a lot of money. But can it also be true that there is something in the Amazon seller world that’s even better than making higher profits? Today on The Full-Time FBA Show we are discussing the one thing that Stephen and Rebecca believe is better than higher profits: FAST SALES.
We’re not saying we don’t love high profits; we just think fast sales are the best way to make more money in the long term. Be sure to listen to the entire episode to find out why!
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Key points from Episode 247:
High profits are great, but it’s even better to make fast sales so you can reinvest that profit into even more inventory.- There is more to consider in your sourcing decisions than the amount of profit on a one-time sale; you don’t want to miss out on the opportunity to snowball your profits over a longer period of time.
- Profit snowballs are a wise way to grow your Amazon disbursements and increase your income over time.
- Keeping your prices competitive is the key to making sure you get quick sales and don’t miss out on profit snowball potential.
- Why we aim to keep 30-60 days of inventory in stock on our replenishable ASINs at the Amazon warehouses.
- Why you should consider the Full-Time FBA Coaching Program.
Links and resources mentioned in this episode:
Episode 151: The Q4 Snowball Effect for Massive Q4 Profits- The Reseller’s Guide to Replenishables
- Podcast Perk: Save $20 off today by using coupon code 20REPLEN
- BQool (free 2-week trial)
- Full-Time FBA Coaching Program
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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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