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

Latest Episodes:

076 - What To Do When Your Inventory Doesn't Sell Mar 22, 2021

Show notes

When selling on Amazon, there are occasions you will struggle to move certain items from your inventory. This can happen for a multitude of reasons, and you can address this issue in a number of ways.

In this episode, we share a few top tips for helping the process along and cleaning out those lingering items no one seems to want! From using Keepa for better tracking and understanding of your inventory sales velocity, to using other platforms besides Amazon, we will share with you the methods that have helped us and can help you too. We also talk about paid advertising, bundling items, and when to cut your losses and learn a lesson about a mistaken purchase. In the end, you do not want your inventory filled with duds, and the quicker you can move things on, with whatever method, the better. Tune in to hear it all and declutter your inventory and mental space too!

075 - Amazon Stats That Will Blow Your Mind Mar 15, 2021

Show notes

In today's episode, we are going to blow your mind with some incredible Amazon stats. Not only are they wildly impressive, but these facts and figures actually impact you as an Amazon seller and could get you excited about continuing to sell on Amazon.

We start off by sharing some of the stats around Amazon's popularity and supplement them with some of the many reasons why so many people shop there. Next we dive into Amazon's sales and boil the numbers down to how much the online shopper sells every second, minute, hour, and day. So why are these numbers so high? That comes down to trustworthiness, and we tell you all about Amazon's efforts to make its customers comfortable and excited to use their platform. The last bundle of facts we share with you is FBA stats. Over the last couple of years, Amazon FBA numbers have shot through the roof, and they don't seem to be slowing down any time soon. To hear about these stats, facts, and figures in more detail, be sure to join us today and have your mind blown.

074 - Working With a Partner-Spouse in Your Amazon Business Mar 08, 2021

Show notes

Whether it is a business partner or your significant other, working with a partner can have a hugely positive impact on your Amazon business. In today's episode, you'll hear our advice for successfully working with a business partner, from communicating risk tolerance and prioritizing the personal relationship over the business relationship to managing your time together and scheduling regular meetings to make sure everyone is on the same page.

Working with a partner or spouse can really help grow your Amazon business, so tune in today to learn about the right ways to set up this business relationship so that you can see improved results in your sales and profits.

073 - Time Management Strategies for Amazon FBA Sellers Mar 01, 2021

Show notes

One thing you can never get back is time. You need to manage your time wisely so that you can follow the quickest, most efficient path to success. Welcome back to another episode of the Full-Time FBA Show! We are excited about today's episode, where we will be diving into some really nerdy stuff like time management, how to better use your time in your Amazon business, and make the most of your time.

As we discuss today's conversation, we answer some basic time management questions as they relate to your Amazon FBA business, including where to start, how to manage your time when sourcing, and learning new skills, as well as the different types of learning and how to prioritize and assign the right amount of time to different business-related activities. Tune in today for all this and more!

072 - How Ian Bower Averages 40K a Month with Wholesale Sourcing Feb 22, 2021

Show notes

Today we sit with Ian Bower, who has been selling items on Amazon that he sourced via wholesale companies for over five years. In the time that has passed, Ian has managed to scale his business and averages around $40,000 in sales a month. In this episode, we start off learning Ian's professional history and what he was doing before he got into wholesale. From there, we hear about his first mistakes in FBA wholesale and what he learned from the experience. Since then, Ian has honed his skills with his best monthly sales reaching over $100,000.

So how did he achieve such great milestones like this? Ian tells us about how he acquires wholesale accounts and, just as importantly, how to provide them with extra value. Value-add is an important aspect of Ian's business, and as he explains, it not only creates a good working relationship but it also creates a space where this relationship is exclusive to you. To provide value, though, you first need wholesale relationships. Ian walks us through his step-by-step process for approaching wholesale brands and opens up his playbook on contacting potential clients through cold emails. As our conversation draws to a close, Ian expands on The Wholesale Formula, the course that taught him what he knows about wholesale success today.

071 - Biggest Wholesale Sourcing Myths - Interview with Dan Meadors Feb 15, 2021

Show notes

Selling products wholesale on Amazon can seem like a daunting undertaking -- not only because it seems like there are so many people who are already doing it, but because there are pervasive myths around aspects of the wholesaling industry that make it seem almost impossible to get started. Dan Meadors joins us on today's show to debunk five of the most common myths and to offer advice and encouragement to those who want to start their own wholesale business.

Among other topics, we discuss the benefits of using third-party logistics/prep centers, the flexibility in the Amazon model that will allow you to play to your strengths, why you should see "no" as an opportunity, and the importance of setting yourself apart by showing potential brands how you can add value to their brand in unique ways. Dan shares stories of students of his who started their own very successful wholesaling businesses while working full-time jobs. If you're eager to take the leap, tune in to today's episode.

070 - Why Add Wholesale Sourcing To Your Amazon FBA Business Feb 08, 2021

Show notes

Wholesale is a great sourcing strategy to add to your FBA business. Kicking off our month-long wholesale series, today's episode dives into some of the reasons you should add wholesale sourcing to your business. We talk about the tremendous return on investment wholesale provides, some of the advantages it has over online and retail arbitrage, and ways that wholesaling will save you time (you won't have to drive around or repackage products, for example).

We could not have scaled our business without wholesale sourcing, and we share how it can help you grow your own business more than you could imagine. There are even Amazon account protection benefits of wholesaling, so tune in to hear more!

069 - How To Turn Your Returned Items Into Profits Feb 01, 2021

Show notes

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!

068 - Why Are My Sales So Slow? Jan 25, 2021

Show notes

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!

067 - Time vs Money and How to Get More of Both Jan 18, 2021

Show notes

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.

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