This episode offers Amazon sellers, particularly those new to the platform, a comprehensive Q&A session covering critical aspects of the business. It delves into practical strategies for pricing, inventory management using tools like Replen Dashboard, and the importance of testing lower-priced ASINs. The discussion also highlights how Amazon's trust in sellers influences listing policies, providing valuable insights for optimizing FBA operations and navigating common growth challenges.
Once per week or so our Amazon seller leadership team and I love to go live on Zoom with whoever can join us and answer as many ecommerce and Amazon selling related questions as possible. We love to capture the best moments from these Monday night sessions for you and turn them into a podcast episode. Highlights added by the podcast team: Jim gives an overview of who he is and how he has supported his family with e-commerce for over 20 years! Also, mark your calendars for The Proven Conference - May 23-25, 2024! (https://theprovenconference.com/orlando/ for more info) Jim discusses how Amazon will list items for sale even before they have them in stock once they trust their sellers. Jim recommends new sellers listen to Podcast #554 which talks about pricing above the buy box Jim and Robin Joy discuss the Kick Start Bootcamp, which is a course for new Proven Amazon Course students to jump start their business! $39 gets you 4 group coaching sessions to get your business up and running! Jim and the guest talk through the process of selling and the evolution that occurs as new sellers continue on! Jim also reminds listeners to be sure to listen to podcasts! Jim and Robin discuss how important it is for new sellers to test even lowered priced ASINs because they can always be removed as you grow and learn to read Keepa better! Also, it's normal for newer sellers to go through a "slump" when they are working hard to grow their business! It's important to identify what is causing the slump This segment discusses Replen Dashboard as the recommended program to help sellers keep track of their inventory. Repricers are mentioned and how at the core of the Replen model, it really is quite simple if new sellers follow the My SIlent Team teachings! A new coaching student inquires about sending products to FBA (sourced via OA) as they come in or wait until they've all arrived? Jim also warns selle