Taking financial risks is a defining element of being an entrepreneur. After all, becoming your own boss and living off of an irregular income can be a pretty risky adventure to undertake. One of the biggest risks that an entrepreneur faces relates to capital. Money is limited, so it’s crucial to use it correctly. While on the one
If you resell products online, then you always want to buy your inventory at the lowest price possible. Not only that, but you also want to be able to buy as much inventory as you can at the lowest price possible. During my many years as a reseller, I’ve come up with many ways to
Have you ever created a new product page for an item you want to sell on Amazon? If you have, then you know just how important it is to make sure you have the best title and keywords on the product page. If you currently create product pages, or are interested in doing so sometime
When you’re out sourcing, one of the things you need to consider is your competition. Say you’re out sourcing at Big Lots and come across an item with a great ROI. You research the item with your favorite scouting app and see that there are other FBA sellers selling this item. Do you join them?
If you’ve been selling on Amazon at least 6 months, then it’s possible you will receive a FBA Aged Inventory Notification email from Amazon. Twice a year, (February 15th and August 15th), Amazon charges a long-term storage fee for all items that have been stored in a FBA warehouse for 6 months or longer. UPDATE: Starting
Full-time selling through FBA. Being your own boss. Setting your own schedule. Earning your own profits. For many who read this blog, full-time selling through FBA is at least a consideration as a possibility in your future, if not your active goal as a reseller. Today we want to bring you an interview with someone
Last time, we talked about Amazon Split Shipments and the options you have between Distributed Inventory Placement (DIP) or Inventory Placement Service (ISP). Today, we’re going to take the conversation to the next level and talk about how to make the most of whatever placement decision you make. For most of us, this decision should
When it comes to sales rank, every Amazon seller has their own idea of what a “good” sales rank is. For me, I’ll almost always buy a toy that is consistently ranked under 150,000. I’ll even buy a toy that is ranked much higher, as long as the number of competing sellers is low and