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Today, we tackle five major profit leaks that affect many Amazon FBA sellers, also giving you solutions that will increase your revenue stream. It doesn't matter how big your Amazon boat is, if it's got a leak, then it's going to sink.
We'll break down all of the hidden and forgotten fees that are stealing your profits and show you how to lower these fees with just a few tweaks to your Amazon FBA business.
One of the biggest profit leaks is because of some pricing mistakes that are stopping you from making more profits on your inventory. We'll show you how you can quickly react to price drops before your competitors do, letting you gain some profit before prices become painfully low. You're working too hard to make less money than you could, so this entire episode is focused on safeguarding your profits.
Are you wondering whether selling Halloween-related stuff is even worth it this year? Well, Stephen and Rebecca are here to tell you that not only is it worth it, but it can also be a profitable opportunity! In today's episode, Stephen and Rebecca talk about some spooky, exciting, and awesome things you can do to grow your Amazon FBA business in the days leading up to Halloween.
In today's episode, they discuss the three main categories that are the most profitable and help you navigate pricing both before and after Halloween sales. With Halloween being a holiday that rakes in over 8.8 billion dollars a year, make sure you're listening to find out ways you can get a slice of that pie!
To remain competitive in the Amazon marketplace, it is imperative that you are constantly reassessing the pricing of your inventory. While some Amazon sellers choose to adjust their prices manually from time to time, Amazon sellers who are focused on achieving long-term success would rather rely on an automatic repricer to update their prices to remain competitive. The success of an automatic repricer depends solely on correctly setting up the right repricing rules.
In this episode, Stephen and Rebecca weigh the pros and cons of a free repricing option like Amazon's Automate Pricing tool, and Stephen shares why the tool he recommends is a paid tool called BQool. He also has some great tips and tricks for optimizing prices and has a free podcast perk for listeners, so make sure not to miss this episode!
In this episode, we dive into the buy and hold strategy, which is basically buying products now in order to hold them to sell at a point in the near or distant future. Sometimes a reseller will find an item that is not profitable now (or that could be even more profitable in the future) and might be tempted to buy the items now to sell them some time down the road.
Maybe you found an out-of-season item that might be profitable when it comes in season, or maybe you found a product you know will be harder to find 9 months from now (and therefore might be worth more to sell later)... so is buying and holding the best strategy to maximize your profits? We'll discuss all the pros and cons of this buy and hold strategy today on The Full-Time FBA Show.
Making the transition from a retail arbitrage business model to a 100% wholesale model was not something that Dan ever envisioned when he first started selling on Amazon, but when Dan learned about the power of wholesale, he made the transition and has never looked back.
As our first-ever returning guest, Dan talks about transitioning from retail arbitrage to the wholesale model, strategies for getting a "yes" from wholesale suppliers who repeatedly say no, and how to scale a wholesale business for your Amazon FBA account. His formula for success is one of adding irresistible value, and in a world where brands desperately need sales, they will pay attention to sellers who can help them solve problems and boost their online presence. If you want to learn more about getting into wholesaling and forging the right wholesale and brand partnerships, this episode is not to be missed!
Wholesale sourcing does not have to be so hard. Most people who want to get into Amazon wholesale selling have met with the same old methodologies. But on today's show, we'll discuss a different formula for getting wholesale on Amazon right, which includes a simple, tried-and-tested model for reverse wholesale sourcing.
Today, Stephen interviews Dylan Frost from The Wholesale Formula. Dylan, together with his business partner Dan Meadors, has achieved impressive results and is now teaching others the secrets to his success. Dylan shares how Dan first introduced him to wholesale on Amazon and how he soon felt confident enough to leave his day job, which was becoming increasingly unfulfilling. Dylan discusses how their formula differs from the traditional approach, the steps newcomers should take to get started, what kind of time you should be prepared to invest in the early days, and why it can be as simple as finding one good wholesale account to potentially change your life!
Amazon Brand Restrictions. It's something that a lot of sellers get frustrated about when they're trying to grow their Amazon business. Today's episode covers how you can increase your chances of getting approved to sell those restricted items, plus a whole lot more on the approval process itself.
Of course, the title of this episode refers how to get approved to sell restricted brands, but it will also help you with all the other types of restrictions, including category and ASIN restrictions too. Tune in today to find out what the terms restricted, gated, and approved even mean, learn about the different types of restrictions, and know what to do if you are restricted. Stephen and Rebecca also have some tips and tricks for reapplying for approval if you are denied the first time, so make sure not to miss this episode!
While you may have built your empire by selling on Amazon, today's episode shows you how you can sell more by expanding to Poshmark — a marketplace for new and used clothing, accessories, beauty and wellness products, and even home goods. In today's episode, Stephen interviews Rebecca and they talk all things Poshmark.
After explaining what Poshmark is, Rebecca talks about how you can take items you can no longer sell on Amazon and list them on Poshmark. It's important to learn the differences between Amazon and Poshmark, and Rebecca breaks this down in an easy-to-understand way. One of the top aspects of selling on Podhmark: their return policy benefits sellers more than most selling platforms. Listen to this episode to find out if selling on Poshmark is the right move for your business.
We can all agree on one thing: returns stink. Imagine the scene — you're an Amazon seller diligently checking your inbox when you get that painful message; another customer is returning one of your items. It's never a fun experience. In this episode, we'll show you how to deal with Amazon returns so that each time you get one of those return notifications, you'll know exactly what to do.
We'll break-down the process of how returns work from a customer and warehouse perspective so you're aware of all the steps in the return process. Then, we'll break down the six crucial steps you should follow each time you get a return. By following these steps, you'll learn how to safeguard your feedback score and seller metrics, you'll understand why your products are getting returned, and you'll know what to do if one of your items ends up in the dreaded 'unfulfillable inventory' category. A valuable episode for both new and long-time Amazon sellers, listen in and learn how to handle returns with confidence
When most people start selling on Amazon they have visions of creating a sustainable income stream that will last them a long time, but few ever actually achieve that goal. In this episode, we are going to share our three keys to Amazon FBA success, plus some game-changing tips and tricks to help you with your Amazon business.
The bulk of this episode is focused on the main tips that have helped Rebecca and I work part-time hours in order to make a full-time income via Amazon. Not only will these strategies help you when you start an Amazon business, but they will aid you in setting up your Amazon business for long-term success.
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