Jump Start Your Amazon FBA Business - Part 2: Finding Free/Low Cost Inventory

Uncategorized Jun 27, 2017

So you’re stuck… You want to sell on Amazon but you don't have a huge stash of cash to buy inventory.  We've got you covered! Here are some free and low-cost options for finding inventory to sell. You will also find tips on how to build up capital for your business.

Freecycle: This is a website community you can join where people give away or ask for free items. Resellers are not always welcomed so do not announce you may be selling items.

Craigslist: Free items are given away all the time in the free section of craigslist. Check your local listings

Newspapers: Check the free section of the classifieds to see if there is a reselling opportunity

Garage Sale/Estate Sale Leftovers: There are many people who would gladly give you all of their leftovers if you came, boxed it all up and hauled it away. Put an ad in the paper or offer up this service in person at a sale. You will be surprised how much inventory you may receive. Going towards the end of...

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Jump Start Your Amazon FBA Business - Part 1: Building Capital

amazon fba Jun 20, 2017

We often hear the excuse, "I can't start a business, I don't have any money." In today's post, we're going to show you some ways to build capital so you can build your business one step at a time. 

Ways to Build Capital For Your Business

  • Barter: Trade services for someone in exchange for inventory they may have
  • Offer Services: Do a few extra jobs to earn money for your business - babysitting, house cleaning, baking, cooking, errands, shopping, skilled trades, painting, carpooling, bookkeeping, computer repair
  • Examine Your Monthly Bills: There is often room for improvement in your monthly bills. Call the companies and ask for bundling discounts, higher deductibles or lower interest rates to get your monthly costs down. Use the new found savings to invest in your business.
  • Credit or Loans:  Although we advise proceeding with extreme caution, if you have a great credit rating, sometimes a loan or credit card is all you need to begin funding your business. Aim...
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Case Study - Amazon Newbie Reaches $9K/month in Less Than a Year

Having trouble believing those big numbers you see posted in various groups around the interwebs? In this episode,  we sit down with Rebecca Van Diest so that she can share her story about how she built her Amazon business. We've been watching her grow and are excited to bring you some encouragement from someone who has taken their business from start to $9,000 per month in less than a year.

Watch:

Listen:

Air Date: June 19, 2017

Show Links/Details:

Interested in starting a business just like Rebecca's? You can learn more at www.startFBAtoday.com

If you want to learn more about how to use keepa & camelcamelcamel we highly recommend Stephen Smotherman's (Full-time FBA) course How to Keepa Camel  (affiliate)

Get smart pickup by UPS to your door FREE for a year - signup at www.upsconnect.com

[Entrepreneur on a Dime] Use Your Amazon Deposit for Maximum Growth

To learn more about Jungle Scout head over to www.mommyincome.com/junglescout (affiliate)

If you aren't already using...

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Amazon Owes you Money! Learn How to Get it Back [Entrepreneur on a Dime]

Did you know that, as an Amazon seller, money goes missing from your account on a regular basis? No, Amazon is not trying to rip you off but there are many ways you are losing money on a daily basis simply because you do not know how to ask for it back. In this episode on Entrepreneur on a Dime, we will teach you the strategies you need to find and reclaim your money from Amazon.

WHO IS THIS FOR? 
Amazon FBA sellers selling for longer than 3 months 

Hidden money in your Amazon account

• Warehouse Damaged items 
• Customer returns, not returned in allotted time 
• Lost Items • Reconciliation Issues (missing items) 
• Reconciliation of refund discrepancies 
• Grocery/ HBA items not required to be returned (instant refunds)

DID YOU KNOW? 
Amazon destroys inventory without telling you and they don’t reimburse you for it unless you ask. 

Follow these steps to get your money back today: 
Step 1: Login to Seller...

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How to Handle Sales Slumps in Your Amazon Business [Entrepreneur on a Dime]

Air Date: June 5, 2017

SHOW NOTES: http://www.mommyincome.com/slow

Sales slumps are a reality in any retail business. They happen no matter what size your company, how much you have invested in inventory, or how long you've been in business. 

We want to help you stay motivated when times get tough and money is tight. We’ve put together some practical steps you can take to prevent major slumps and persevere through slow sale periods. 

Show Links/Details:

Wholesale Bundles Class: http://www.mommyincome.com/system

Is my inventory switching warehouses? How to find out:
Go to seller central - reports - fulfillment - reserved inventory - request download

Get Merchant Words for $9 per month: http://www.merchantwords.com/mommyincome

Learn how to use Merchant Words to find profitable keywords: http://www.mommyincome.com/keywords

Get rid of dud inventory at a consignment Sale: http://www.justbetweenfriends.com

Research Strategy: http://www.mommyincome.com/research

Join our...

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Quitting Your Day Job to Sell on Amazon - Two Success Stories [Entrepreneur on a Dime]

In this episode of Entrepreneur on a Dime: The Amazon Files, we introduced you to two sellers who have successfully made the transition to full-time Amazon sellers. 

Success Story - Adrienne Dupree

Adrienne Dupree is an author, mentor, information product creator, online marketer, and e-commerce business owner. She comes from a technical background and was involved in Information Technology for more than twenty years. In November 2014, Adrienne started selling on Amazon part-time using the FBA program. She was forced to turn it into a full-time endeavor when she was laid off unexpectedly in 2015.

Adrienne's Website: www.leavethecorporateworldbehind.com/

Leave The Corporate World Behind Book (affiliate)

 

Success Story - Kim Coghlan
Kim and her husband Perry have been married 25 years and have 13 children. They have dabbled in online and offline businesses since 2000. At the encouragement of a friend, Kim began actively selling used books on Amazon FBA in late 2014,...

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Amazon FBA Bundle Mistakes - What NOT To Do When Bundling Products to Sell Online

video May 08, 2017

Bundles are an excellent way to decrease competition and increase profitability on Amazon. The problem is figuring out the best way to bundle for success. In this episode, we share the top bundle mistakes people make and discuss how to avoid them for greater bundle success.

WATCH:

Special Offer:

2019 Confident Wholesale Bundlers Workshop 

Resources Mentioned:

Thanks for tuning into this week’s episode! Access all episodes of The Amazon Files Podcast here:


Special Offers, Promos, Exclusive Content
We send all of these to the members of the Mommy Income tribe via email each month. Not on the email list? Head over HERE to be in the know. 

Got Questions?
Shoot your questions on our Facebook Group! We’ll be happy to answer your questions, listen to your vents, and encourage you to carry on in the right...
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Amazon FBA Book Selling 101 with Greg Murphy [Entrepreneur on a Dime]

Air Date: April 24, 2017

In this episode we chatted with Greg Murphy, a multi-million dollar book selling expert, about how to get started selling books on Amazon. After successfully growing a book selling business over the last 8 years, Greg is certainly an expert. Greg shared ONE thing that will help you grow your business no matter what stage you are at. Tune in to find out what the one thing is. Show Links:

Show Links: 


Get Started Selling on Amazon Today: http://www.startFBAtoday.com

Caleb Roth: http://thebookflipper.com/

An inside look into Greg’s process: http://www.onedollarbookswap.com/about/

Why is Everyone Quitting Amazon Show: https://youtu.be/G1Pyml5V8KU

Amazon Inventory Storage Fees: https://www.amazon.com/gp/help/customer/display.html?nodeId=200627230

FBA calculator (login required): https://sellercentral.amazon.com/hz/fba/profitabilitycalculator/index?lang=en_US

To join Greg’s Facebook Community: https://www.facebook.com/groups/bookflipping

Join...

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Why is Everyone Quitting Amazon FBA? [Entrepreneur on a Dime]

Air Date: April 17, 2017
Show Notes

Many players big and small are turning away from Amazon FBA as a sustainable business model. In this episode, we discuss why we think people are moving away from Amazon FBA and how you can benefit from their mistake.

Show Links:

Market Pulse Article: http://www.mommyincome.com/amazonquitreference

Amazon Categories:https://services.amazon.com/services/soa-approval-category.htm

To learn when the wholesale/bundles classes go live: http://www.mommyincome.com/wait

Amazon FBA Beginners: How to Make $$$ at the Dollar Store?: https://youtu.be/j7LFpy0rsLM

Mommy Income Show Archives: www.mommyincome.com/MIYoutube

Join our Private Facebook Group
http://www.mommyincome.com/joinus bring the code word #Quit


Don't forget to give us a thumbs up and leave your comments HERE

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How to THRIVE in Q4 Selling on Amazon

amazon fba amazon files Nov 07, 2016

We've worked with a lot of new Amazon sellers and there is always a mix of nerves and excitement during Q4. There's a mix of not knowing what to expect and all of the stories shared by sellers who have experienced this time before. In this episode, we share ONE thing that you can do to thrive during Q4.

Not new to selling on Amazon? This strategy is beneficial for anyone, not just newbies. If your sales have plateaued or you are looking to take your business to the next level, this strategy can work for you too. 

Watch:


Air Date: November 7, 2016

Resources Mentioned:

Access The Amazon Files Podcast:

Thanks for tuning into this week’s episode of The Amazon Files, the show that helps anyone START or GROW an Amazon business!

Special Offers, Promos, Exclusive Content
We send all of these to the members of the Mommy Income tribe via email each month....

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