Your Key to Success: How to Find Profitable Inventory for Amazon FBA Sourcing

1
Your Key to Success How to Find Profitable
Inventory for Amazon FBA Sourcing
2
(No Transcript)
3
You should start with these 4 main questions when
making a sourcing decision. Whether you are doing
RA, OA, wholesale purchasing, or any other type
of sourcing, the below method will work for you
Click Here For details
4
1) Do You Know ROI??
When you first start out on Amazon FBA, it is
good to find products that have a 100 ROI. Later
of course, with some experience in the field, you
can begin sourcing items with a lower ROI. ROI
is a measure, used to estimate the effectiveness
of an asset or compare the effectiveness of
several different investments.
5
2.) Do I have authority to sell the product?
It is a good thing to check the authorization of
the product and whether you have the necessary
approval to sell that product or not. Some
product categories are restricted to certain
sellers, and some brands are allowed by
registered sellers only. If you cant sell it,
theres no point in considering that product for
your business. Here again, you can use Scoutify
to show you whether you are restricted to the
item.
6
3.) About sales rank?
Amazon gives the current sales rank of every item
in their catalog, and you can see this
information on the sourcing app when you scan the
item. Make sure you check the average sales
rank of an item than just considering the current
sales rank. How relevant your domain is to search
queries will decide your ranking. The sales
rank of an item shows whether the item will sell
quickly on Amazon or not.
7
4.) Product Selling competition??
Unless your product is so unique, no one else is
selling that item. You will have competition if
you sell that product. There are two main
competitors in the market to consider Amazon and
other third-party sellers. Make sure theres a
low number of sellers so that you get time in the
buy box. The higher the sales rank, the more
competition will be there. It is always safe to
play with more number of competitors with lower
sales rank.
8
Conclusion-
9
When you are not in a hurry to buy the inventory,
check for other smaller factors before making the
decision, such as the number of reviews and how
many of them are positive. The experts have
in-depth knowledge about FBA and how it works for
small as well as large enterprises. If you are
still not sure about how to effectively use the
above tips Contact our Experts at WebBee Global
to get a detailed consultation on how to use FBA
services profitably for your online business. The
more experience you gain in this field, the more
comfortable you become at making these decisions.