An Amazon seller fee changed a couple months ago, and I’m surprised I haven’t heard many people talking about it. Last April, the shipping reimbursement for CDs and DVDs went up from $2.98 to $3.99. The variable closing fee went up from $.80 to $1.35 for merchant fulfilled. However, the fees for FBA will not Read More
Diversify your Income
While Amazon FBA is a great business model, it’s always good to have multiple income streams coming in. If one stream dries up, you can always work on the others. So, why not build other income streams? One of my favorite streams falls in the realm of: 1) Building an email list 2) Promoting FBA Read More
Selling Shark Tank Items on Amazon FBA
The only TV show that I watch is Shark Tank. For those of you that don’t know, it is a show where entrepreneurs pitch their idea to investors (sharks) in the hopes of getting a partner (or two) and raising capital for their business. I love this show because it doesn’t seem forced at all. Read More
FBAManager – Getting Money back from Amazon
After hearing a lot about FBAManager from Kathy Simpson’s Facebook group I decided to give it a try. Basically this company has a program that searches all of your FBA sales and looks for any discrepancies in: 1) Inventory 2) Returns 3) Removals 4) Reimbursements 5) Sales If the FBA manager program deems that there is Read More
Selling IKEA Furniture on Amazon FBA
As part of my quest to find potential FBA deals that are not media related, my next adventure lead me to the furniture store IKEA. I went there for the first time in their Charlotte, NC location. To say the least, I was pretty impressed. Their store is laid out in an amusement park style Read More
Win a Free Copy of Amazon FBA Recipe of Success
It’s time for another comment contest. This time I’m giving away three free copies of the great eBook, FBA Recipe for Success. This $50 newly updated eBook includes: Understanding the FBA Customer Sourcing Scouting Tools Pricing Strategies Selling Consumable Goods Here’s how to enter: 1. Read the sales page of the book and see Read More
Selling Consumable Goods on Amazon FBA
As I mentioned in a previous blog post, consumable goods offer several advantages: mainly the buyers need to come back for more. Here are some recent consumable goods flips: Girl Scout Cookies: Thin mints are quite possibly the most addictive cookie on the planet (I eat them rows at a time). Surprisingly there are not Read More
Growing an Email List
Here are my numbers from my favorite and most profitable income stream (in terms of margin): Affiliate Marketing. Here’s how it works: 1) Create a product of value (eBook, series of videos, etc.) 2) Give it away for free or sell it for $20. 3) Collect email addresses with the visitor’s permission using aweber.com. 4) Read More
Selling Consumable Goods with Fulfillment by Amazon
Lately, I’ve been experimenting with selling consumable goods with Fulfillment by Amazon. In other words, these are items that are used up and must be replenished. This method offers several advantages. 1) You get repeat business from the same buyer 2) Buyers will order more than one of the same item 3) Consumables are often Read More
What’s your FBA Pricing Strategy?
FBA Pricing Strategy I’ve sold over 140,000 Books, DVDs, and CDs on Amazon FBA over the last 5 years. During this time, my pricing system has been pretty basic. I usually just match the lowest-priced seller and add the shipping costs. However, with more and more FBA sellers entering the game, I think dynamic pricing Read More