It’s been an interesting couple of days. I have been taking my #techfast and I am starting to realize a few things about my personal and my business life.
So instead of focusing on some great “how-to” guide or an in-depth look at a new tool, I want reflect on some of the things I have learned over the past 2 years and I hope you have learned as well.
Here are the 100 Things I Wish All Amazon Sellers Would Know. Each of these items link back to a post one of us has written that goes into more detail (if you are interested in learning more).
- Testing is the only way you are going to learn if a product sells or it does not.
- Everyone has a story. Before you judge, you should ask about it.
- If you are shipping a lot of one item, case packing is your friend.
- The sales rank of an item is it’s demand at a given point in time.
- A great site to start your online sourcing journey is The Tracktor.
- Certain Chrome Extensions can make your life a lot easier.
- This is the video that got FBA Master on the map.
- Movers and shakers is a a place to start looking for rabbit holes.
- You will get addicted to looking at your sales numbers.
- Offering free shipping will help attract new customers.
- You can literally flip toilet paper from Walmart to Amazon.
- Twitter can be powerful for those who use it correctly.
- There is more to a book than meets the eye.
- Free UPS Smart pick-up is the bomb!
- Don’t let your nerves get the best of you.
- Mistakes do happen.
- One of Chris’ favorite stores is Walgreens.
- There are such things as gated categories on Amazon.
- This page should be saved as your home screen 🙂
- Anyone who sources online should love Keepa.
- If you don’t know how to use Keepa, you need to learn.
- Anytime Chris Wilkey does a Hangout, you should join. Period.
- The real pros take Keepa alerts to the next level.
- Rabbit holes are where are the fun happens.
- Legos are the building blocks of a good long term strategy.
- You can even find deals from places like the Dollar Tree.
- Sometimes if you piss enough people off, you will get noticed.
- Each Amazon business needs a business model. And one business model is not better than another.
- Ignoring sales tax doesn’t make it better.
- Using merchant fulfilled shipping can allow you to make money on hot items before the price tanks.
- Exclusive toys (at any store) should always be scanned.
- It is 100% ok to buy and resell on Amazon…if you follow these rules.
- You need to understand what dimensional weight is and how to minimize it.
- There are extremely easy ways to increase your ROI by 10%.
- The real money goes to those who take the extra step.
- There is more that one way to move slow moving inventory.
- It’s never too early to plan for Prime Day 2016.
- Economics drive the Amazon marketplace.
- Sometimes it is better to hire help than to do it all yourself.
- Refer to #2. Everyone has a story.
- Poor feedback is killer. You need to make sure to take care of it.
- Sometimes saving money is as easy as pie.
- Never ever assume you know what someone else paid for an item.
- There are some things that stop new sellers in their tracks.
- No magic is needed to become an FBA Master. Just an awesome support team.
- You can really source in your underwear.
- Never give up. And have the patience to keep with it.
- Time is money and the more you save, the more money you will make.
- There is a ton of money in used books.
- Marketing can help you land at the top of Amazon search results.
- Advertising your products can boost sales.
- Long term storage fees suck. So have a plan.
- Once you buy something (unless you can return it), it is a sunk cost.
- Ungating used to be easy. Don’t expect it to be now.
- Prepping for Q4 starts as early as May.
- Amazon will lose your items. And they can’t count.
- There are some great tools to answer those questions you have a beginner.
- There is a science to creating listings.
- You will hit a wall. And this is how you get over it.
- Rule #29 isn’t a joke. We even created a how to guide.
- Struggling with Sales Tax? TaxJar can help.
- If you haven’t opened an Amazon seller account, that is your first step to selling.
- As we look back at rule #2, #63 takes the ante up a little higher.
- You will need to train your eye to look for specific criteria in an item.
- You need to be careful when buying groceries.
- Always learn from those smarter and more successful than you.
- Refer back to #16. Mistakes do happen. No one is perfect.
- If you didn’t find an answer to your beginner question in #57, proceed to this rule.
- Still no luck with your question? Try this.
- Time is valuable thing. Watch pass by as the pendulum swings. (thank you to all of you who just sang this line)
- You should really stop selling on Amazon.
- Did you actually read #71? If not, you should really quit selling on Amazon.
- Ebay is a gold mine for product souring if you know where to look.
- Sharing is caring….REALLY!
- Packing and prepping will take some serious time unless you are smart than the average bear.
- Each category has it’s own rate of sale. Use it to your advantage while sourcing.
- Searching through drug store clearance is an art.
- If you haven’t created a shipment yet, do it right now!
- If you break the rules, you will get punished.
- Seriously. Don’t break the damn rules.
- Q4 is bigger than you can imagine.
- Networking will take your business to the next level.
- Sometimes you will have trouble finding items. If so, think outside of the box.
- Returns happen. Letting them sit in your garage doesn’t have to.
- You shouldn’t clear the shelf on every item you find (even though it is fun).
- Being nice will get you farther in life than anything.
- Analysis paralysis helps nobody.
- You can sell across the world in just few clicks.
- Some people prefer online arbitrage to private label and vice versa.
- Treat Amazon like the stock market.
- A repeat of #66. Learn from those who are smarter than you.
- Replens don’t always come out of the grocery aisle.
- Stop doubting yourself.
- If you won’t quit, at least set goals.
- Selling on Amazon is possible from anywhere.
- Getting ungated in shoes, clothing, and luggage is really easy (for at least right now).
- What happens after you break the rules? This.
- If you sell a product with no reviews, here is how to fix it (and get some seller feedback in the process).
- Amazon doesn’t follow a regular calendar when it comes to Q4.
- If the first 99 rules didn’t help, try this.
CW
wow! all i can say is wow, wow, wow!!