This episode offers practical advice on navigating Amazon FBA, particularly for new and intermediate sellers. It tackles common challenges like managing "tanked" ASINs, optimizing multichannel fulfillment, and the necessity of forming an LLC for selling on platforms like Walmart, providing actionable strategies to protect assets and grow sales.
Key takeaways
Don't fear 'tanked' ASINs on Amazon; view them as future opportunities, as prices often recover due to algorithm ranking and reduced competition. Hold inventory and re-evaluate in 2-3 months.
When considering multichannel fulfillment, exercise extreme caution with Amazon-to-Walmart shipping due to potential platform conflicts and logistical risks. Prioritize direct fulfillment from each platform.
Establish an LLC early in your e-commerce journey, especially when expanding to platforms like Walmart, for crucial legal protection of personal assets. It is a simple process and offers significant advantages.
For new ASINs not showing as Prime eligible, contact Amazon Seller Support for clarification and resolution, as it's a common issue impacting sales velocity.
Always test multiple ASINs and don't solely rely on discounted products; focus on finding sustainable, profitable inventory to avoid dependency on temporary deals.
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 captured the the best moments and turned them into a podcast episode. Here's the topics of the clips in the Q&A: Keep Calm and Find More ASINS Why using coupons and discounts aren't necessary in obtaining products to sell Is it necessary to create an LLC with your business and how to go about it How long should I wait before I contact Amazon because my inventory isn't checked in yet - there's a program to help expedite the process Comparing and contrasting The System with other tools we recommend here How is the Proven Amazon Course illustrated by the movie Matrix Show note LINKS: 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 SilentJim.com/bookacall - book a call here to discuss our offers including coaching, legends and ProvenAmazonCourse.com course My Silent Team Facebook group - https://www.facebook.com/groups/mysilentteam 100% FREE! Join 75,000 + 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="Prosemirro
What does this episode say about amazon & marketplaces?
Don't fear 'tanked' ASINs on Amazon; view them as future opportunities, as prices often recover due to algorithm ranking and reduced competition. Hold inventory and re-evaluate in 2-3 months.
What does this episode say about supply chain & operations?
When considering multichannel fulfillment, exercise extreme caution with Amazon-to-Walmart shipping due to potential platform conflicts and logistical risks. Prioritize direct fulfillment from each platform.
What does this episode say about founder & leadership?
Establish an LLC early in your e-commerce journey, especially when expanding to platforms like Walmart, for crucial legal protection of personal assets. It is a simple process and offers significant advantages.
What does this episode say about amazon & marketplaces?
For new ASINs not showing as Prime eligible, contact Amazon Seller Support for clarification and resolution, as it's a common issue impacting sales velocity.
What does this episode say about amazon & marketplaces?
Always test multiple ASINs and don't solely rely on discounted products; focus on finding sustainable, profitable inventory to avoid dependency on temporary deals.
