Jul 29, 2019
Q4 is fast approaching and this period is all about maximizing sales and increasing profit between October and December. If you are running an Amazon business, then you likely have many questions surrounding when to buy inventory, how much inventory to buy, and when vendors will run out of stock. Amazon sellers haven’t yet missed the boat, but they need to start their research now.
Today, we reveal how you can stop losing profit on Amazon for the upcoming holiday season. We share why it is vital to plan and take control of your inventory management, explain how to build your stock ahead of time, and stress the importance of not forgetting your evergreen products. We also share tips for timing your shipping, retail arbitrage in Q4, and why you should trust the data and resist cutting your prices.
“The number one way you lose money in Q4 is bad inventory management and planning. You can’t sell what you haven’t purchased.” - Kristin Ostrander
This week on the Amazon Files:
- Why you need to pay attention to inventory management and planning.
- How to build up your stock on a tight budget.
- Why you shouldn't forget your evergreen products in the run-up to Q4.
- What you need to know about shipping time.
- How to shop and ship with retail arbitrage during Q4.
- Why you shouldn't follow the hottest trends.
- Why you shouldn't price panic when others are dropping their prices.
- Why you need to read and trust past data.
- What to focus on now as a retail arbitrage seller.
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Get Ready for the BIGGEST Selling Season EVER!
Are you ready for the biggest holiday selling season EVER? Join the Q4 Jumpstart training program to get a jumpstart on your competition. Learn what products you need to keep in your inventory this year to explode your holiday sales, capitalize on the increased holiday spending, and develop a plan to DOUBLE your pre-Q4 sales.
Seats are limited so if you’re ready to exponentially boost your Q4 sales this holiday season, visit mommyincome.com/q4 to save your seat today!
Grow Your Amazon Business!
Thanks for tuning into this week’s episode of The Amazon Files, the show to help Amazon seller along their business journey one step at a time with your hosts and Amazon experts, Amy Feierman and Kristin Ostrander. If you enjoyed this episode, head over to Apple Podcasts, subscribe to the show and leave us your honest review. Don’t forget to share your favorite episodes with your friends on social media! Use the codeword Losing Money to join us on Facebook. Each week we host a live discussion on how to grow your Amazon business. Don’t forget to check out our website and subscribe to our mailing list for even more resources.