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#702: Dealing with hard to sell inventory? Maybe it's time to Burn The Boats

Silent Sales Machine Radio · with Jeff Schick · September 13, 2023 · 39 min

Summary

For Amazon sellers struggling with stagnant inventory, this episode offers a decisive "burn the boats" approach to inventory management. It highlights strategies for liquidating hard-to-sell stock and introduces a new course on creating defensible, branded product bundles to avoid competition. The episode also features an Amazon legal expert who demystifies account suspensions, providing crucial insights for maintaining good standing.

Key takeaways

Themes

amazon & marketplacessupply chain & operationsbrand & contentfounder & leadership

Topics covered

amazon inventory managementproduct bundling strategiesamazon account suspensionsbrand protection on amazoninventory liquidationcompetitive moats on amazonamazon legal compliance

Episode description

Sometimes we get new Amazon selling students who have already sent in multiple shipments that might not have been quite as successful as they had hoped they'd be. On today's new podcast episode we talk about the solutions we offer these students in our coaching. We also have an update for you about our ProvenBrandedBundles.com brand new course! Learn to launch bundle listings with brand name products on Amazon that competitors can't jump on with you! Special guest at the conclusion of today's show: Jeff Schick from JeffSchick.com answering the question, "What's get people suspended on Amazon? Is it a concern?"   Watch this episode here: https://youtu.be/Msa3slOaz3Q   Show note LINKS: https://jeffschick.com - Our legal expert in all things Amazon   SilentSalesMachine.com - txt the word "free" to 507-800-0090 to get a free copy of Jim's latest book about building multiple income streams online!   https://TheProvenConference.com - Mark your calendar for May! Our LIVE event interest list is available.   My Silent Team Facebook group https://www.facebook.com/groups/mysilentteam 100% FREE! Join 70,000 + Facebook members from around the world who are using the internet creatively every day to launch and grow multiple income streams through our exciting PROVEN strategies! There's no support community like this one anywhere else in the world!   <a class="ProsemirrorEditor-link" href= "https

Frequently asked about this episode

What does this episode say about amazon & marketplaces?
Implement a 'burn the boats' strategy for underperforming Amazon inventory to cut losses quickly rather than holding onto unsellable stock.
What does this episode say about supply chain & operations?
Explore creating "branded bundles" on Amazon using established brand names to create unique, defensible listings that deter competitors.
What does this episode say about brand & content?
Understand the common causes of Amazon account suspensions, such as intellectual property infringement or policy violations, proactively address them to safeguard your selling privileges.
What does this episode say about founder & leadership?
Utilize coaching and community resources to navigate complex Amazon selling challenges, particularly around inventory management and brand protection.
What does this episode say about amazon & marketplaces?
Diversify your product offerings and listing strategies to build a more resilient Amazon business less susceptible to single-product failures or competitive pressures.

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