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Understanding

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Exclusive Proven Amazon Course Article Understanding The Amazon Customer Not about books and media :( Nathan Holmquist's ebook Part of the Proven Amazon Course ... – PowerPoint PPT presentation

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Title: Understanding


1
Exclusive Proven Amazon Course Article
Understanding The Amazon Customer
2
Not about books and media (
Nathan Holmquist's ebook Part of the Proven
Amazon Course
SellYourBooksOnline.com By Adam Bertram
3
Isn't Scouting About Books?
  • It was, and here's why
  • Books were easy!
  • Books were easy to find (cheap)
  • Easy to analyze (barcodes or ISBNs)
  • Easy to store (small)
  • Easy to list (Amazon)
  • Easy to ship (Media Mail)

4
Enter FBAScout and FBA
  • FBAScout lets you see prices for all items, not
    just books and media
  • FBA gives you virtually unlimited storage space
  • No need to restrict yourself to a small portion
    of the Amazon catalog


5
Every Store has Opportunities!

6
Compare Used Books To Retail
  • Think of it this way you have your scout, you
    drive to a thrift store, poke around, scan some
    items, and find a book that will give you 20
    profit.
  • You buy that book. ONE BOOK.
  • Now, in that same amount of time that it took you
    to go out and find one book, you could have found
    one product from any number of retail stores that
    would yield that same 20 profit.
  • But heres the kicker you put 16 units in your
    cart.
  • 16 times more profit for the same amount of work.
    Live in a big city? Go to another store and buy
    the same item again. Sell out on Amazon? Go buy
    more and replenish.

7
The Ultimate Arbitrage Tool
Arbitrage is the practice of taking advantage of
a price difference between two or more markets
striking a combination of matching deals that
capitalize upon the imbalance, the profit being
the difference between the market prices.
http//en.wikipedia.org/wiki/Arbitrage
RETAIL ARBITRAGE
8
(No Transcript)
9
Don't Discriminate!
  • Don't think of yourself as a 'book scouter'
    anymore
  • With FBAScout, you're an 'anything that is
    profitable scouter'
  • Only one requirement Profitability!

10
Real World Examples
  • Here I'll show you examples of actual products
    that I bought using FBAScout and sold using FBA.
  • In three hours of work on a Saturday afternoon, I
    made 1,943.04 profit.

11
Dippin Dots Frozen Dot Maker http//www.amazon.com
/dp/B002OOLQ80/
  • Low price of 89.95 at time of scan
  • Bought 49 from three stores (Big Lots)
  • Cost 21.88 each
  • Listed for 64.99

12
Dippin Dots Frozen Dot Maker
  • Sold 49 units in 8 days
  • FBA payouts of 50.44 Profit per unit of 28.56
  • Total profit of 1,399.44

13
Tyco R/C Stunt Psycho Vehicle
Green http//www.amazon.com/dp/B001UEUH6W/
  • Low price of 59.95 at time of scan
  • Bought 18 from three stores (Big Lots)
  • Cost 17.50 each
  • Listed for 59.95

14
Tyco R/C Stunt Psycho Vehicle - Green
  • Sold 18 units in 5 days
  • FBA payouts of 47.83 Profit per unit of 30.20
  • Total profit of 543.60

15
Summary
  • Spent 1,387.12
  • Sold for 3,330.16
  • Total profit on both items 1,943.04
  • This is just two products!

16
Scouting Retail
The ONLY Scout With FBA Offers
17
Clearance Items
18
But Not Just Clearance Items )
  • Isn't Wal-Mart always the lowest price? Costco?

19
If No FBA Offers...
  • Read the Exclusive Proven Amazon Course Article
  • Understanding The Amazon Customer

20
No FBA Offers Example 1
  • Cost 7.50 Sold for 25 (Sweet spot FBA price)

21
No FBA Offers Example 1
  • Sold 32 in 18 days
  • 18.61 payouts
  • 11.11 profit/item
  • 355.52 total profit
  • Turned 240 into 595.52

22
No FBA Offers Example 2
  • Cost 2.50 Sold for 19.95

23
No FBA Offers Example 2
  • Sold 5 in 40 days
  • 15.09 payouts
  • 12.59 profit/item
  • 62.95 total profit
  • Turned 12.50 into 75.45

24
If Not On Amazon At All...
  • Consider adding it to the Amazon catalog
  • Be the first to sell the item
  • Be the only seller (no competition)

25
House Brands
  • Exclusives not available on Amazon
  • Often heavily advertised, but not all customers
    are able to buy (location, sold out)
  • Amazon buyers want to buy from Amazon

26
Cult Classics
  • Regional Products
  • Gotta-have products

27
Let It Sink In
  • Opportunities are all around you
  • Books and media are good sources of money makers,
    but look to expand
  • Tired of trading elbow jabs at book sales?

28
Powerful Combination
29
Proven Amazon Course
You have chosen... ...wisely.
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