In our last blog post, we talked about how to capitalize on a BOLO. We shared many ideas of how to make the most out of both your time and your money when it comes to a BOLO. Note: In today’s blog, we’ll be discussing retail store BOLOs (not garage sale, thrift store, or other
How to Capitalize on a BOLO (Be On the Lookout)
Last week we talked about how to have a highly profitable Q4, and this week we’ll talk about another timely topic: how to capitalize on a BOLO. What is a BOLO? It’s an acronym for “Be On the Look Out” and generally refers to a product that a reseller should be looking for to buy
A Case Study in Sales Rank
Today we’re going to look at the sales rank history of a specific book I’ve been following for over seven months. I first found The Boy Captives at a thrift store near my home and quickly bought it. The book had a rank of about 1 million and was being sold as used on Amazon
Garage Sale Tip #3 – Turn $2.50 into $20 Over and Over
Almost every time I go out to source at garage sales, I see a certain item that I can buy for next to nothing and easily use to turn a few quarters into $20. What am I talking about? Expired printer ink cartridges. If you have a Staples office store nearby, then you can take advantage
Lowering Prices vs. Pulling Items From Amazon Inventory
I have totally updated my views on this topic. Back in 2013, this was a good strategy, but now it’s totally outdated. Here my my most up to date teaching on this topic: How to Decide if You Should Lower Your Price (or Hold Your Price) Sometimes it’s inevitable. You’re not going to get the
Patience vs. The Race To The Bottom
I have totally updated my views on this topic. Back in 2013, this was a good strategy, but now it’s totally outdated. Here my my most up to date teaching on this topic: How to Decide if You Should Lower Your Price (or Hold Your Price) The life of a reseller has its highs and
How to Fit FBA Sourcing into Your Busy Schedule
Today’s post comes from my wife, Rebecca, who will write on this blog from time to time. Her post is full of great tips for all of us busy entrepreneurs. Part of the way we’re able to make full-time FBA a possibility for our family is by strategically planning our time each week. One way I
FBA Pricing Tips on “Out of Season” Products
Earlier this week, we talked about selling seasonal items via FBA. Seasonal items don’t just sell during their “proper” season; they sell year round. Getting seasonal items to an FBA warehouse as soon as possible is the smart (and profitable) thing to do. You don’t make any money with products sitting at your house. With
Selling Seasonal Items on FBA
It’s August, and you just found some Valentine’s Day themed toys at a garage sale that should bring a nice profit come February. Do you wait until January to send them in to FBA? At another garage sale, you find a profitable Halloween themed children’s movie. Do you send it in now or wait until
Introducing my Business Partner
The old saying is true. “Behind every good man is a great woman.” My wife, Rebecca, is a tremendous help in making FBA our full-time job. She’s a part-time writer and a full-time homemaker, but she still finds time to help the family business. She’ll join us along the way and give us valuable and
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