At the beginning of 2014, Stephen and I (Rebecca) sat down and discussed our goals for the coming year — individually, as a family, and for our business. We both love setting goals and working towards them, relishing the feeling of success that comes from seeing improvement as a result of consistent work. (If you haven’t read our post on SMARTER goals, you should take a look at it and see if it gives you some ideas for goal setting in your FBA business.)
One of our top goals for the FBA business this year was to branch out into sourcing at liquidation stores. Coming out of Q4, we had a nice amount of capital to invest, and we felt the time was right to push ourselves beyond the places we’d been sourcing in 2013. We took that opportunity to conduct a little “liquidation store experiment” — you can read more about our first liquidation store visit and our experience with Jessica Larrew’s book Liquidation Gold in this blog post. The short version is this: we enjoyed our first visit and have since made liquidation stores a part of our normal sourcing routine.
Let me finish up with a word about the restrictions Amazon has put in place for the grocery category. Don’t let the restriction scare you off. If you’ve been selling grocery items on Amazon before now, then you should already be approved to sell in that category. If you have not been approved, all you need to do is follow this link (sign-in required) to apply.
My friend, Jessica has put together the exact steps you can follow to get approved in grocery (as well as other categories). To find out exactly what to do, click here, and then type this into the search bar: “how to get approval in the restricted categories on Amazon for FBA Sellers.” That will lead you to a page that will help walk you through many categories and how to get approved.
Once approved (most requests take about 24-48 hours to process), then you can start adding grocery items to your growing Amazon business model.
So what about you? What successes have you found in the grocery category?