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#828: Help! I can't find profitable inventory - what should I do? Inspiration and instruction for new Amazon sellers.

Silent Sales Machine Radio · May 2, 2024 · 37 min

Summary

For new Amazon sellers struggling to find profitable inventory, this episode unveils the "above buy box" strategy, a method to consistently sell products at a higher price point than competitors by identifying underserved niches. It emphasizes moving beyond price wars to build a sustainable Amazon FBA business. The host, Jim Cockrum, shares actionable steps and resources, including how to leverage Keepa for product research and identify fast-moving ASINs.

Key takeaways

Themes

amazon & marketplacessupply chain & operationsproduct & merchandising

Topics covered

amazon fba inventory sourcingprofitable product identificationabove buy box strategykeepa product researchunderserved asin identificationamazon seller tools

Episode description

Over the past 20 years, having coached ecommerce success to nearly 10,000 students, I can tell you with certainty that I know the number one question that anyone who is "stuck" has on their mind...   "What can I sell?" or "Where is the profitable inventory?" or "Where can I start if I want to find good inventory?" etc.   Let's tackle that head on with one of the dozens of great strategies that we teach in our ProvenAmazonCourse.com training -I'm giving you ALL the details and ALL the proof that this flat out works... and it's just ONE of NUMEROUS strategies that we teach for new sellers!   Instead of selling at a price lower than everyone else, I'll show you how to sell consistently at a price HIGHER than everyone else - I call it our "above buy box" strategy and it's working amazingly well!   Watch this episode on our YouTube channel here: https://youtu.be/YF9zIUcpRAk   Show note LINKS:  silentjim.com/bb70 - see over 150 examples of keepa charts of "above buy box" winners that are selling in Jim's account in real time RIGHT NOW.   silentjim.com/500k - see the exact setting in keepa to identify fast moving ASINs that are "underserved" in amazon's 100s of warehouses across the US. You'll need to be a member of our free facebook group to see this video.   SilentSalesMachine.com - text the word "free" to 507-800-0090 to get a free copy of Jim's latest book in audio about building multiple income streams online or visit https://silentjim.com/free11 <p data-pm-s

Frequently asked about this episode

What does this episode say about amazon & marketplaces?
Implement the 'above buy box' strategy by focusing on underserved Amazon ASINs where you can command a higher price point, rather than competing solely on the lowest price.
What does this episode say about supply chain & operations?
Utilize Keepa charts to identify "above buy box" winners and analyze product data to find fast-moving, underserved ASINs within Amazon's warehouses. Specific Keepa settings are highlighted for this purpose.
What does this episode say about product & merchandising?
Overcome inventory sourcing paralysis by applying systematic product research methods taught, which move beyond the common "what can I sell?" dilemma to pinpoint genuinely profitable products.
What does this episode say about amazon & marketplaces?
Explore resources like silentjim.com/bb70 for over 150 real-time examples of successful "above buy box" products and silentjim.com/500k for tutorials on advanced Keepa settings.
What does this episode say about amazon & marketplaces?
Focus on building a long-term Amazon FBA business by understanding that finding profitable inventory is a learnable skill, and part of a broader strategy for multiple online income streams.

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