The Full-Time FBA Show - Amazon Reseller Strategies & Stories

Returns are the worst. But did you know it can still be possible to make nice profits from your returned items? Today, we want to help you make the most of those items that get returned, and then share some of the different ways you can make a profit in these scenarios. Just because something has been returned by a customer, for one of many possible reasons, does not mean you have to bear that cost – you can still find ways to make all (or at least some) of the money you originally planned on.

Today, we'll walk you through, step by step, how to deal with returns and the different possible outcomes that can occur. Some ways you can still profit from your returned items are a quick and easy solution, while other solutions might take a little more time and effort to make happen. You just need to ask yourself how much time you are willing to invest in the pursuit of profiting from returned items and tailor your business model accordingly. Don't let your returned items become a big pile of dead stock just taking up space in your garage. Use these strategies to turn those returned items into cash. Tune in today to hear it all!

Most Amazon sellers know that when you run an FBA business there will always be periodic times when sales are slow. This is inevitable, no matter what your strategy is, but there are definitely a few practices and habits to employ that will help you keep sales more consistent, as well as be less emotionally affected by slower periods. We decided to dedicate today's show to dealing with slow sales on Amazon.

In today's episode, you will hear multiple success strategies of ways you can increase your sales. Some are easy fixes while a few other ideas might need a little more time and attention, but they are all totally worth the investment in comparison to the increased sales they will bring. Be sure to tune in for all this and listen all the way through because we have a special announcement in store for you at the end of the show!

The relationship between time and money is always changing, especially in an Amazon FBA business. In the beginning, time seems to be more expendable than money, but as your business grows and becomes more successful, your end goal becomes finding more time so that you can focus on the most important tasks of growing your business.

We've been there, and today we share how to achieve the delicate balance of finding easy and creative ways to find more time. We kick off the show by diving into the nuances of owning an FBA business and how our time-money goals have evolved. As our conversation develops, listeners will benefit from a range of tips to help increase productivity, practice time management, and raise your income. Hosts Rebecca and Stephen touch on time-saving topics like outsourcing and adopting the right mindset and writing out highly specific lists to help you make palpable change. Want more time and more money? Then listen to today's episode.

There are many ingredients to becoming a successful Amazon seller. You need to buy the right products to sell, price your items competitively, learn and execute different sourcing strategies, and the list goes on… but today, we're going to be discussing the one essential success strategy that nobody seems to talk about: Focus.

By eliminating the noise and focusing on what truly needs your attention, you can finally transform your FBA business into a successful one. We open the show by taking a look at the starting points that'll give you the best opportunities to achieve maximum focus. With so many things that need to be done to run a successful business, we'll show you how you can know the exact next steps to take in order to see the biggest results in the shortest time possible. Toward the end of the episode, we explore the range of distractions you might be exposed to and talk about how to consistently overcome your biggest distractions. If you want to find your focus, be sure to join us in this episode!

As we stand at the beginning of the new year, you might be asking the same question many others are: Is Amazon trying to get rid of third-party sellers? Spoiler alert: The answer is "no." While common frustrations like increasing Amazon fees, storage limits, and brand restrictions seem to make it harder and harder to sell on Amazon, there are actually a multitude of solid reasons why Amazon needs third party sellers like you and me in order to be successful. In this episode, we explain why Amazon wants third-party sellers and why there is no need for you to be concerned about them kicking you off their platform (as long as you're following the Amazon guidelines).

While we do not deny the fact that Amazon has a complicated relationship with third-party sellers, they do a great deal to help us be successful. In this episode, we uncover all the objections and encourage you further on your journey of creating a super successful Amazon FBA business!

If you want to create success for your full-time FBA business, then setting goals should be your first step. Today we sit with full-time FBA seller Jo Ann Zimmerman to hear her secrets behind effective goal-setting. We open the show by talking about how Jo Ann sets goals for herself, first by looking at where she is in the present moment, assessing the past year, and then ultimately deciding where she'd like to be in the future. She complements this process by working backward, taking into account gross and net profit, as well as looking at how she can improve her sales through better inventory and sourcing.

She then goes on to refine the goal-setting process and tells us how to take actionable steps on making your dreams a reality. We then turn the spotlight onto sourcing inventory and setting goals around this vital function of FBA. You'll see why it's imperative to expand your inventory list, as well as how to adjust prices depending on financial climate. In the latter half of the episode, Jo Ann goes on to explain how you can keep your goals attainable and how to clear obstacles from your way. To finish off, Jo Ann tells us about her "fun goal" for the new year. To master the art of goal-setting for FBA, be sure to join us today!

We have so many great guests join us on The Full-Time FBA show to share their wisdom but the person who joins us today is extra special because he is Stephen and Rebecca's son, Peter Smotherman! Peter is here for a "snack-sized" episode to share some of the pieces of wisdom he has been learning in his 8th-grade class called 'Skills for Success,' along with a little help from Dad to apply these skills to Amazon FBA sellers.

During the most lucrative part of the sales year, many sellers leave Q4 with high profits but without a clear plan on how to spend them. Today we give you our top tips on making the most of your Q4 profits. Early in our conversation, we highlight how investing in time-saving tools and software can unlock greater productivity and profit. After touching on how you can save money by switching from monthly to annual plans, we talk about what you should look for when buying new inventory. From purchasing office supplies in bulk, we explore the benefits of investing in your mind by enrolling in FBA seller courses.

Now, not everything needs to be about business. We also discuss how paying off your debt helps you build toward long-term success. We also reflect on the importance of treating yourself and giving back. Near the end of the episode, host Rebecca Smotherman shares details about the organization that she contributes to. Tune in for more of our insights on how you can best use your Q4 profits.

Since December is one of our most lucrative sales months, today's episode is devoted to helping your business end the year with a bang and not a whimper. We open by exploring why you should reprice your items, with host Stephen Smotherman sharing his liquidation repricing rules for offloading gift items and decorations. After touching on the benefits of using automatic pricers like BQool, we talk about why you may want to expand your business to include Amazon merchant fulfillment. Focusing on how buyers adopt different consumer behaviors over the festive season, we then discuss how these behaviors impact sales ranks and other data and how this affects what you should stock in the new year.

Shifting gears towards your 2021 start, we dive into how you can benefit from clearance sales and what to look out for to ensure you don't end up overstocking or losing money to storage fees. Near the end of the episode, we reflect on the marathon that was 2020 before sharing our top advice on ending the year in the best possible position. Tune in for more insights on how you can end 2020 on a high note.

Many Amazon sellers avoid deal lists for the well-founded fear that items appearing on these lists will soon flood the market, leading to inflated competition and price drops. Today we dive into the issue and show listeners how, with the right list, they can make healthy profits with little to no competition.

We open our conversation by exploring what deal lists are and why people use them. We then discuss the many forms that deal lists can take, how they're structured, and how you can look for lists that fit your niche. Podcast host Rebecca Smotherman highlights how the right deal lists often pay for themselves. She also touches on the importance of developing a system to determine which deal lists are valuable to your business.

Near the end of the episode, Rebecca shares her top tips for handling with deal lists, including how she tracks information, why you should approach deal lists with time sensitivity, and how you can get into using deal lists through free trials. Tune in for more advice on using deal lists and finding high-quality buying leads that make maximum profit.