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Episode 60: Scott Topic | Exciting Announcements and Tools to Help Scale Your Amazon Business!

The Smartest Amazon Seller · with Scott Topic · July 21, 2020 · 17 min

Summary

This episode reveals how to leverage custom software and strategic operations to scale an Amazon FBA business from $2M to $60M+. It details how BuyBoxer built and utilized proprietary tools for inventory, sourcing, marketing, and distribution to achieve massive growth, and announces the licensing of this "Bloomberg Terminal for Amazon sellers" software. This is a must-listen for Amazon sellers looking to dramatically improve efficiency and profitability through advanced operational strategies.

Key takeaways

Themes

amazon & marketplacessupply chain & operationsai & automationfinance & fundraising

Topics covered

amazon fba scalingproprietary ecommerce softwareinventory optimizationshipping cost reductionwarehouse operationsautomated reorderingamazon marketing strategiesecommerce distributionsoftware licensingjust-in-time inventory

Episode description

In today’s episode, we hype up our upcoming episodes and invite the listeners to stay tuned. We talk about how scaling and growing your business is made easier on Amazon. We talk about how we’ve scaled our own business. Scott announces a tour of BuyBoxer’s warehouses, facilities, and distributions teams in Logan, Utah and Indianapolis at the end of August (reach out to Scott at scottneedham@buyboxer.com, or find him on instagram). We’ll explain ways we cut our shipping costs, as well as explain our software and ordering systems. We then discuss scaling your business with Amazon FBA within 4 categories: sourcing, inventory management and ordering, Amazon marketing, and distribution. We explain how we have built custom software to scale our business from $2 million in sales to $60 million. We announce that we are going to start licensing that software out. We compare our software to the Bloomberg Terminal, and explain how useful it can be to anyone trying to scale within Amazon FBA. It works well for larger teams trying to save on time. We finish by sharing the features of the software, announcing that if you mention this podcast, you’ll receive 10% off the beta suite. Exciting Things To Come On This Podcast! 0:27Scaling Your Business; Come Tour Our Warehouses! 1:31Amazon FBA Announcement: We’re Licensing Our Software Suite!! 7:07“Once you start to use it and see it in action, you will start to see these efficiencies, and how you can manage dozens, hundreds of skews across different suppliers and really see what’s going on. You can find out what’s your worst performing inventory and how you can improve it. How do you do reorders on a timely basis, and get inventory just in time?” 11:51“Socialhttps://www.instagram.com/smartestseller/https://www.buyboxer.com/Send Scott an Email: scottneedham@buyboxer.com

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Frequently asked about this episode

What does this episode say about amazon & marketplaces?
Implement a robust inventory management system that uses data to identify worst-performing inventory and optimize reordering for just-in-time fulfillment.
What does this episode say about supply chain & operations?
Explore proprietary software solutions for Amazon FBA operations, similar to BuyBoxer's, to automate and streamline sourcing, inventory, marketing, and distribution.
What does this episode say about ai & automation?
Consider touring advanced fulfillment facilities and distribution centers to gain insights into efficient supply chain and operational best practices.
What does this episode say about finance & fundraising?
Leverage technology to cut shipping costs and improve overall logistical efficiency for your Amazon FBA business.
What does this episode say about amazon & marketplaces?
For larger teams, specialized software can significantly enhance efficiency, manage hundreds of SKUs across suppliers, and free up time for strategic growth initiatives.

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