Selling on Amazon can lead to inventory piling up if not managed correctly. This episode provides actionable strategies to identify slow-moving products using Amazon's Business Reports and offers a direct approach to liquidate that inventory, focusing on maximizing sales velocity and minimizing long-term storage costs. It emphasizes the importance of data analysis for effective inventory management on the platform.
Key takeaways
Utilize Amazon's "Detail Page Sales and Traffic" report and sort by sessions to identify inventory with low visibility and sales.
Prioritize liquidating slow-moving inventory to avoid long-term storage fees and free up capital.
Consider adjusting pricing strategies or bundling products to increase sales velocity for stagnant inventory.
Actively engage with communities like the MySilentTeam Facebook Group to discuss inventory strategies and gain insights from other sellers.
Description What are the tricks for selling a bulk load of inventory that is moving too slowly on Amazon? I get asked this question a lot - and I always give the same answer. It can be painful to hear, but remember - I only say it because I love you! MySilentTeam Facebook Group 3 minute Facebook marketplace video Amazon report for "sessions": >Click on Reports >Business Reports >"Detail Page Sales and Traffic" Then sort by sessions to see what's in your inventory. Discuss this report strategy with others here: https://www.facebook.com/groups/mysilentteam/permalink/1081227065326736/ ProvenAmazonCourse.com (the best keyword training in the world for Amazon is the PPI module in this course) JimCockrumCoaching.com Need help moving your inventory? Need help getting started? We can help!
