Podcast Episode 235 – How to Sell Through Your Slow Moving (Aged) Inventory
In our FBA business we try to keep to a goal of selling through inventory within 30-60 days of reaching the Amazon warehouse – but what happens if we don’t reach that goal? It can happen to all of us, although hopefully not too frequently.
Today on The Full-Time FBA Show we are discussing how to handle our slow moving (or aged) inventory, in particular how to make sure it sells quickly enough to recoup some capital and avoid accruing storage fees. Tune in to today’s episode to hear our solutions to the problem of aged inventory!
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Key points from Episode 235:
Every Amazon seller will inevitably have aged inventory from time to time.- It’s important to have processes in place within your FBA business to handle aged inventory if it occurs.
- Our first line of attack with aged inventory is to check to see if our prices are still competitive.
- Another option for aged inventory is to set up Amazon Ads to promote your inventory in search results.
- The best solution for aged inventory is to not buy slow moving inventory in the first place. You can make smarter sourcing decisions by using Keepa data in your buying process.
- Why you need to sign up for our FREE five-day Amazon Income Accelerator Workshop.
Links and resources mentioned in this episode:
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The Amazon Income Accelerator Workshop
Free 5-day online workshop focused on how to realistically make a full-time income selling on Amazon.
Starts Monday, April 22 at 12noon (Eastern) / 11:00am (Central)
Replays available daily after the workshop records
We’re going to show you…
- Why Amazon is easily the best place to focus your time and energy to grow a reselling business that brings in a full-time income.
- How to find unlimited profitable inventory to sell on Amazon for consistent profits.
- How to make the best inventory sourcing decisions (what to resell, what to pass on, how deep to go on a buy, when to replenish your inventory, etc.).
- The full-time income success path and how you can snowball your Amazon profits to a full-time income.
- How to turn impossible roadblocks into meaningless speed bumps.
- And so much more!
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