Discover how to systematically identify and profit from discontinued products on Amazon, turning items with plummeting supply but steady demand into significant net profits. Learn to spot market indicators and leverage tools like Keepa to make informed purchasing and holding decisions, achieving returns of $3 into $25 on popular products before others catch on.
Key takeaways
Utilize Keepa data to identify products where supply is decreasing but demand remains stable, indicating a high potential for price increases once the product is discontinued.
Focus on 'buy and hold' strategies for discontinued items; purchase products still available at current retail or even from Amazon directly, then hold them for a short period until supply dwindles and prices rise.
Explore both avenues of discontinued sourcing: finding already discontinued products in niche stores for immediate high margins, and proactively identifying soon-to-be-discontinued items at major retailers/Amazon to get ahead of price surges.
Implement caution and adhere to Amazon's selling guidelines when flipping products purchased from Amazon, ensuring proper due diligence to avoid account issues.
Consider discontinued product sourcing as a viable side hustle, as illustrated by the guest speaker who generated substantial profits (e.g., $9,000, $16,000, $5,000 net profit) while maintaining a full-time job.
This just might be the highest margin inventory you will ever sell on Amazon. I'm talking about discontinued items where the DEMAND is rising and the SUPPLY is shrinking. Until now it's been a bit of a guessing game for most sellers to find the golden opportunities. However, today on a new episode we discuss the incredible opportunities behind sourcing and selling discontinued items on Amazon. Introducing the launch of: ProvenDiscontinuedSourcing.com You can even learn to source these right on Amazon, hold them for a few weeks or a couple months and flip them right back on Amazon at crazy markups as demand predictability soars... It only makes sense that some items would go up in value once they stop being made. Are you selling any items like that? Do you have a system for finding them consistently? What if you could get ahead of these discontinued trends and stock up a bit of the hottest items right before they vanish? That's exactly what our guest today has been doing for several years with Incredible results. He's selling products for $30 that he sourced for less than five. He's making net profit margins that are off the charts in many cases. On today's new podcast episode we show you proven discontinued sourcing strategies. Watch this video on our YouTube channel: https://youtu.be/p92iujOfITs Show note LINKS: ProvenDiscontinuedSourcing.com has LAUNCHED! (NOTE: JimCockrumCoaching.com students get this class free! ProvenAmazonCourse students get a huge discount - see the<a
What does this episode say about amazon & marketplaces?
Utilize Keepa data to identify products where supply is decreasing but demand remains stable, indicating a high potential for price increases once the product is discontinued.
What does this episode say about product & merchandising?
Focus on 'buy and hold' strategies for discontinued items; purchase products still available at current retail or even from Amazon directly, then hold them for a short period until supply dwindles and prices rise.
What does this episode say about supply chain & operations?
Explore both avenues of discontinued sourcing: finding already discontinued products in niche stores for immediate high margins, and proactively identifying soon-to-be-discontinued items at major retailers/Amazon to get ahead of price surges.
What does this episode say about amazon & marketplaces?
Implement caution and adhere to Amazon's selling guidelines when flipping products purchased from Amazon, ensuring proper due diligence to avoid account issues.
What does this episode say about amazon & marketplaces?
Consider discontinued product sourcing as a viable side hustle, as illustrated by the guest speaker who generated substantial profits (e.g., $9,000, $16,000, $5,000 net profit) while maintaining a full-time job.