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Did you know you could actually buy items directly from Amazon and flip them back on Amazon for a profit? Today I'm talking with online arbitrage expert and seasoned Amazon seller Jo Ann Zimmerman. The former teacher discusses how she first learned about selling on Amazon, experimenting with private label selling before discovering her niche in retail and online arbitrage. Jo Ann talks about her favorite OA strategy, Amazon flips, and why they are such a lucrative opportunity.
She also covers her tried-and-tested strategies for finding items on Amazon and other platforms to resell on Amazon, as well as other factors to consider when deciding to compete with Amazon. You'll also learn today about how you can use OA deal lists to help you source inventory and how newer sellers can overcoming the obstacle of being gated from selling more items on Amazon.
Whether you're just starting to sell on Amazon or you've been selling for a while, you might have asked yourself if the number of Amazon sellers was getting to a saturation point. Every day, more sellers start selling on Amazon, but are there too many now or is there still room for new sellers?
For those of you who are gathering information, trying to decide, "Is this the right time for me? Am I going to start selling on Amazon?" Well, you're in the right place. In today's show, we'll address where this thought process comes from, stemming from fears about not enough inventory and too much competition. You'll learn how the fact that Amazon has continued to expand and innovate over the years, steadily attracting more customers, and becoming the go-to place for online shoppers, and how that impacts you as a seller or potential new seller.
Are you letting any fears stand in your way of pursuing the dream of starting and succeeding with an Amazon FBA business? Even though you might have read all the books, listened to the podcasts, and signed up for every related newsletter, there are those who still struggle to find the courage to start selling on Amazon. While we get that it can seem daunting, remember that you can starts as small as you like. It's all about building up your confidence gradually and testing different things to find what you feel comfortable with. Plus—we are here every step of the way.
Today we walk you through some of the most common fears and how to get past them. We'll break down these fears, giving you loads of advice pertaining to inventory, money, and mindset. We also talk about selling restrictions, free versus paid tools, the fear of failure, and why you should embrace the learning curve. Join us for some encouragement and to learn about the course that will teach you everything you need to know!
Today we are going to look at the top myths that may be preventing you from growing your FBA business and meeting your goals. These myths range from the serious to the trivial, but if you're believing these lies, then you're not only missing out on more profits, but you're also ruining your success potential.
I've been selling on Amazon since 2011 and these are the most common misconceptions I've heard over the years from both long-time and new sellers alike, so tune in to learn about the top Amazon myths you need to stop believing.
Why would anybody sell an item on Amazon for such a low price that they're actually losing money on the transaction? If you've ever been sourcing, found an item, but see it's for sale on Amazon at or around the same price you're seeing it sold for in the store you're at, then you've probably felt very confused as to why these sellers would be selling products at a loss.
Today, we walk through why sellers may be inclined to use this "sell at a loss" strategy and how it affects you. There are actually several smart strategies that some sellers employ (at the right times) when they are deciding to sell an item at such a low price. In today's show, we'll discuss multiple reasons why a seller would sell at a loss and how these strategies could impact your own Amazon business. To learn about this and more, tune in today!
You don't have to buy and/or sell on eBay to benefit from the platform! Creating an account and downloading the eBay app is free, and today we're going to talk about how you can leverage this app to support and boost your Amazon business.
Not only can you use the eBay app to check the profitability of an item with no product page, but it can also help you overcome the hurdles of restricted or damaged/used items that are a no-go on Amazon. Some products are not a good fit for Amazon, and that's where eBay and its app can help you fill in the gaps. Be sure to tune in to learn more!
Find out the top nine free tools for Amazon FBA resellers to help you make more money and save some time. These simple, easy-to-use, and – best of all – free tools will help you grow your Amazon business by calculating your FBA fees and potential profit, comparing prices, checking your sales, and comparing competition stock levels, as well as finding fantastic cash back benefits, coupons, promo codes, and deals.
From the tools that Amazon provides, to mobile and desktop apps and browser extensions, plus some surprising tools you probably wouldn't have ever thought about, tune in to find out more!
Today we are following up on last week's show on online arbitrage. While we explored beginner strategies in that episode, today we are taking things a step further and going deep on some advanced tips and tricks for your OA endeavors. Rebecca is once again in the hot seat and answering all the questions on online arbitrage, tools, and mindset, so get ready for a whole lot of useful information!
In this episode, we cover some of the basics of what makes OA so useful to your Amazon business before getting into potential hurdles that you can run into. Rebecca shares some great ways to minimize trouble issues and keep going when something comes up — mindset is key! From there, we talk about a host of tools, both paid and free that can make your OA experience that much easier and profitable, so make sure to look out for that. The last part of the episode is spent considering what the next few years might look like in the online arbitrage world. This episode is sure to help the OA aspect of your FBA business grow.
Getting started with online arbitrage (OA) can feel overwhelming. From not knowing where to look for inventory to feeling like you don't have enough time, it may seem like there are many roadblocks in your path. This does not have to be the case if you break your online arbitrage into easy-to-manage steps when you're first starting out.
In this episode, Rebecca is in the hot seat, and Stephen picks her brain to learn the best beginner strategies for OA success. Rebecca does almost 100% percent of the online arbitrage in the business, so she is well-positioned to provide expertise. Rebecca shares more about her OA journey and how she put theory into practice. For Rebecca, OA has suited her perfectly because she often found herself drained from conventional retail arbitrage. From there, she also discusses the importance of consistency and digging deeper than just the big-name online stores. Along with this, Rebecca shares some lessons she has learned and how you can avoid her mistakes. If you're interested in dipping your toes into the OA waters, this show is definitely for you.
Could Amazon's return policy actually be a good thing for Amazon sellers? We all know that sinking feeling attached to a return notification from Amazon. While returns may not be our favorite part of the job of being an Amazon seller, it is a necessary aspect of business to deal with. Amazon's amazing return policy, as we explain in today's show, actually contributes to what makes Amazon such a great platform in the first place. Amazon is well-known for the ease with which a return can be logged, and the flexibility of this service is one of the ways Amazon is such a great place to shop!
In our conversation on the topic of returns, we talk about the somewhat obvious drawbacks of having to deal with returns, before we dive into the silver lining of these features. We also chat about the small amount of policy abuse when it comes to returns and the best course of action to deal with a customer's potential abuse of Amazon's return policy. We have a number of helpful and free resources to share with you throughout the episode, so stay tuned to the end to make sure you don't miss out.
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