Endless searches in stores & online stops today
It's a crucial time of year for you - Summer. Why?
Because right now, all retailers are announcing major discounts to boost sales. They're competing for your dollar, due to the traditional summer sales slump. They're also clearing the shelves for "Q4" (the October through December shopping season). That means they need to liquidate their stock in order to make room for all the millions of new products coming through their stores.
More importantly - and I've been saying this for years - is that online sellers like us can capitalize on these up-to-90% off sales by:
- "Holding" those sale items for a couple months until Q4, when Amazon prices really skyrocket, and/or
- Finding some quick flips to by reselling the item on Amazon for a nice profit.
The problem is: How can you find those items easily? [click to continue…]
This is probably my most important blog post this year.
Meet (former) Amazon seller Nida Kazmi, below. CNN recently reported that she was making $1,000/month in profit when Amazon inexplicably shut her down:
(I'll talk more about Nida in a moment.)
See, Amazon is still the #1 place I sell products, BUT it's been known to suspend sellers - or warn them of possible suspension - for wrong reasons.
If it hasn't happened to you yet, it could in the future. [click to continue…]
Online arbitrage works amazingly well helping Amazon sellers find profitable inventory. For beginners, the learning process can seem overwhelming and tedious.
To help make this sourcing method go faster and easier, there are free and paid online arbitrage tools readily available.
Before we get to the list of tools, here is a quick overview of the complete Amazon FBA online arbitrage money making opportunity.
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Part 3 in a 3-Part Series
(Part 1 | Part 2)
In case you have missed the full article series, Part 1 of “How to Sell on Amazon for Beginners” includes a basic overview while Part 2 shows you how to sell on Amazon step-by-step.
We are now in Part 3 where I will show you how to list, price, and ship your inventory into the Amazon fulfillment centers.
How to Determine Your Selling Price
[click to continue…]
Part 2 in a 3-Part Series
(Part 1 | Part 3)
If you read “How to Sell on Amazon for Beginners - Part 1,” then you now have an overview of how selling on Amazon works.
Let’s get into the nitty gritty details of how to open a seller account, find items to sell, calculate your net profit, and how to price your items.
How to Sell on Amazon Step-By-Step
Step 1: Open a seller account as an individual or professional. Go to Amazon Seller Central and click on “Register now.”
[click to continue…]
Part 1 in a 3-Part Series
(Part 2 | Part 3)
Are you curious about selling on Amazon and don’t know where to start? Well, you are in luck!
I just put together this “How to Sell on Amazon for Beginners” guide that will help you get started immediately.
This is the most comprehensive step-by-step guide to date that will help any new Amazon seller reach their goals. It is a 3-part series, so make sure to read all 3 parts. And at the end of Part #3, I'll give you my best free and inexpensive resources so you can get even more help! [click to continue…]
It’s easier than ever for Amazon FBA sellers to make more money from home when using online arbitrage software. Today I’ll tell you about my personal favorite tool to use.
Like you, I would spend hours online looking for deals to buy and then flip on Amazon or eBay. One day I said “there has to be an easier way.” So I tried using online arbitrage software that was either expensive, useless, or both. So I did the next best thing: [click to continue…]
Plus: The Nasty Email I Received...
If you're an Amazon seller searching for services that tell you what you can buy to resell, you've probably bumped into 'BOLO' (Be On The Lookout) groups on Facebook or elsewhere.
"What's a BOLO group?" you ask?
A BOLO group is, simply, a group of online sellers sharing product leads with each other.
The product leads are what they've found in stores - some are online - that are selling at those stores for a price far less than on Amazon, and sometimes eBay.
Thus, by joining a BOLO group - usually for a fee - you can be alerted to those product sourcing ideas, too. Then you can visit your local stores and try to locate the same products with the objective of buying it and then selling it online for a significant profit. (As you know, that's called "retail arbitrage.")
But do those BOLO groups really work? [click to continue…]
Online arbitrage sourcing is one of my favorite ways to source products and make money selling on Amazon. What I love about this method is that it is so easy for anyone with Internet access and a small amount of cash or credit card to get started. [click to continue…]
As you're enjoying the income from your Q4 2018 Amazon and eBay sales, you should be effectively managing your 2019 sourcing, spending and budgeting. Extra money is always easy to spend, but please do it wisely and with some forethought. To help you, [click to continue…]