Return on Investment (ROI) is a really important concept to wrap your head around when you’re deciding how to structure your Amazon business. Concepts like the “rule of three” can be a good starting point to guide your decision-making process to help you receive 100% ROI every time. During this episode, we discuss why it’s
Case Study – Electronics Sales Ranks and Competing Against Amazon
In this blog post, I asked you, according to your own sourcing strategies, if you would buy a particular Electronic item or not. Here’s the item we looked at: Product: Adonit Jot Pro Fine Point Stylus – Silver ASIN: B00931DHKM Clearance price at Target: $3.94 Total available for sale: 20 NOTE: This post was updated
How to Use Inventory Lab to Track Supplier Profitability
Let’s talk profitability, shall we? You’ve likely heard us mention that we use the Inventory Lab software package to streamline our process of listing inventory on Amazon FBA and for sourcing inventory through the Scoutify app. Today we want to share with you another feature of Inventory Lab that we’ve come to depend on: the
Why I’m Not Worried About the Post-Christmas Amazon Price Drops
A quick question: Did you sell out of your entire inventory before Christmas? Neither did I. During Q4, many Amazon sellers get used to the abundance of sales that come with the Christmas season. Actually, we get spoiled with so many sales per day that when January arrives, we get scared. All of a sudden the
