This autumn is probably the most great time of the yr for Amazon sellers, and it’s not too late to get much more out of it! Throughout this episode, we discover 4 last-minute This autumn methods that will help you get probably the most out of what’s left of This autumn for this yr.
Pay attention in the present day to listen to why it’s so necessary to double down in your strengths, why it is best to or shouldn’t take into account merchant-fulfilling, and why it’s so necessary to refill for Q1. You’ll additionally hear some important reminders to equip you to thrive in the course of the remaining quarter of this yr, together with what to do to arrange for the quarter to come back. Pay attention on the podcast participant beneath.
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Episode 215 Transcript:
[INTRODUCTION]
[0:00:01.8] ANNOUNCER: Welcome to The Full-Time FBA Present. In every episode, it’s our objective that will help you flip part-time hours right into a full-time earnings, promoting virtually something on Amazon. Now, your hosts of the present, Stephen and Rebecca Smotherman.
[WELCOME]
[0:00:21.7] REBECCA: Whats up there and welcome to episode quantity 215 of The Full Time FBA Present. We’re right here, it’s the tip of November 2023 and we’re speaking about last-minute This autumn methods to spice up your earnings on Amazon. Welcome to the present, my cohost, Stephen Smotherman, how is your This autumn going?
[0:00:41.1] STEPHEN: I imply, This autumn is all the time probably the most great time of the yr and we’re experiencing that, seeing a very nice increase in gross sales however like, time is ticking, there’s not a lot This autumn left and so , we received some actually cool last-minute methods for you right here in the present day.
[DISCUSSION]
[0:00:58.1] REBECCA: Since this episode drops in late November, we wished to offer you our greatest last-minute This autumn methods to maximise your This autumn earnings and the remaining time we’ve earlier than the vacations are over and earlier than the brand new yr comes upon us all. This will likely be a shorter than regular episode and we’re doing that on goal.
The truth is, our remaining last-minute This autumn technique will clarify why this episode is so brief however you’ll have to attend a couple of minutes for that tip. No spoilers right here. Okay, Stephen, November is nearly over and we’re about to start out the third month of This autumn. So, share with us the primary, last-minute This autumn technique to spice up earnings on Amazon.
[0:01:33.5] STEPHEN: Yeah, I can’t consider November is nearly over. Okay, so the primary technique I need to share with you as a last-minute This autumn tip is that this: Double down in your strengths. With This autumn sourcing, particularly after we’re coming into the again finish of This autumn, it’s so necessary that with each second potential that we deal with what we’re finest at in our enterprise. You realize, in case your energy is retail arbitrage, double down on retail arbitrage.
If it’s on-line arbitrage, double down on on-line arbitrage. If it’s toys and sourcing toys, double down on toys. In case your supply of – in case your energy is grocery objects, double down on grocery. Don’t spend this helpful This autumn sourcing time on facets of this enterprise that you simply’re not too assured in in the case of sourcing. Time is tremendous necessary so double down in your strengths.
[0:02:22.5] REBECCA: That’s a great one, that’s what I’ve been doing myself. I’m having to recollect in order that’s a great reminder, deal with what I’m robust in. Okay, our second last-minute This autumn sourcing technique is that this: Take into account service provider fulfilling, additionally known as vendor fulfill, any stock that you simply’ve sourced that has a quick gross sales velocity. The important thing phrase there may be that quick gross sales velocity.
So, if you happen to didn’t know, Amazon FBA warehouses are likely to have your objects checked in and going stay on Amazon loads slower throughout This autumn than the opposite 10 or 11 months of the yr however come this time in late November, the checking time with these warehouses can actually decelerate, generally double.
So, for objects which are promoting tremendous rapidly, or presumably, they’re even offered out by way of FBA on Amazon, take into account service provider fulfilling these orders to get that fast-selling merchandise to your prospects even sooner. As a be aware, if you happen to’ve by no means offered by way of service provider fulfill earlier than, then don’t comply with this tip. Now isn’t the time.
Put aside a while sooner or later in the course of the first few months of the brand new yr, to learn to service provider fulfill orders. We’ve mentioned earlier than that in This autumn, you don’t deal with studying something new in your corporation however deal with sourcing probably the most. So, except you’re assured in service provider fulfilling, simply wait to comply with this last-minute This autumn technique till subsequent yr.
Simply bear in mind to learn to truly do service provider fulfilling earlier than This autumn of subsequent yr, if potential and if you’d like some assistance on getting some how-to coaching for service provider fulfill, go to fulltimefba.com/merchantfulfilled. We’ll additionally put that hyperlink in our present notes web page for this episode.
[0:03:56.7] STEPHEN: The third last-minute technique to make use of when closing down This autumn is that this: Bear in mind to refill for Q1. I imply, in fact, gross sales are going to decelerate on and after December twenty fifth however that doesn’t imply your sourcing schedule is over. No, we’ve mentioned this earlier than and we’ll say it once more, individuals preserve shopping for stuff on Amazon after Christmas.
I imply, a well-liked vacation reward is for individuals is what? Amazon reward playing cards. So, it’s tremendous enjoyable to purchase on Amazon with a present card so persons are going to spend their Amazon reward playing cards inside concerning the first month or so of getting them. So, you need your objects to be stocked up in your retailer to guarantee that individuals will purchase your stuff in the case of these January consumers with reward playing cards, and within the toy world, you even have children who return to highschool in January and so they see what their associates received for Christmas.
They arrive dwelling and so they inform their dad and mom and a few of them whine to their dad and mom. They really need what little Billy received for Christmas. Wait, little Billy, does anybody actually title their children Billy or Invoice and even William anymore? I don’t know. All proper, so again to this. The truth is, if you happen to supply accurately in December, you’re going to have the ability to have your objects stocked up and promote rather well.
And if it’s the appropriate objects in January and February, and it’s been our expertise that January could be considered one of your largest gross sales months of the yr if you’ll be able to refill in December or earlier than. The truth is, repeatedly, our three largest months, in the case of gross sales numbers on Amazon are November, December, and January.
[0:05:20.4] REBECCA: All proper, to date we’ve instructed you to make these last-minute pivots in your Amazon enterprise to benefit from the tip of This autumn. We’ve talked about doubling down in your strengths, to contemplate service provider fulfilling in December, and to refill for January. So, our fourth and remaining tip is, simply go supply for stock. Do it now.
Cease listening to this podcast and simply go supply, supply, supply. In This autumn, you need to benefit from each second, so cease what you’re doing and go supply. In case you can’t supply for stock proper now, then at the very least, go and plan. Put it in your calendar when the subsequent time is that you simply’re going to deal with sourcing. Your gross sales are going to thanks for it.
[0:06:01.7] STEPHEN: Yeah, what different podcast goes to let you know to cease listening to their podcast? Nevertheless it’s on your profit, so go sourcing proper now or plan to supply as quickly as quickly as potential.
[CLOSING CONVERSATION]
[0:06:12.6] REBECCA: Thanks a lot for becoming a member of us for this episode of The Full Time FBA Present. As all the time, we’ve the present notes and the transcripts together with any hyperlinks that have been talked about on this episode on the present notes for this web page, fulltimefba.com/215 as a result of that is episode quantity 215.
[0:06:30.6] STEPHEN: And subsequent week on the present, we’re going to share our prime Christmas items for Amazon sellers. I imply, these are going to be some issues that, possibly you’ll need to go purchase for your self with a few of your This autumn earnings, or possibly you need to share this podcast with household or associates to offer them some concepts of stuff to get you for Christmas. As an Amazon vendor, we’ll share that subsequent week on The Full Time FBA Present.
[OUTRO]
[0:06:51.9] ANNOUNCER: That’s all for this episode of The Full-Time FBA Present, so head over to fulltimefba.com/podcast, the place you will discover the present notes and hyperlinks from this episode. Whilst you’re there, subscribe to our publication the place you’ll get a number of free downloads of our in style and useful Amazon FBA sources. Now, take motion on what you will have realized in the present day, so you’ll find success at turning part-time hours right into a full-time earnings with Amazon FBA.
[END]
