Tools Of The Business : New tool to analyse wholesale lists – Price Checker 2

Tools Of The Business : New tool to analyse wholesale lists – Price Checker 2

So, running numbers on a wholesale list really takes a lot of time. I’ve been trying a few methods, but all are too primitive. Lol. Primitive in the sense that it would involve extracting the information one by one from Amazon and running it through the FBA calculator. Don’t even know how I survive until now. Maybe because luckily, most of the wholesale accounts I work with are pretty small, and don’t have a list with thousands of items. Also, most of the wholesalers I work with have online ordering…

The kind of emails I love receiving ;)

The kind of emails I love receiving ;)

It never hurts to ask. I had checked with this particular wholesaler if they had free freight for certain amount of orders and they had said no. I had asked because I knew I was going to be ordering a lot more than their MOQ. In the end, I still ended up with free shipping 😀 And you know your business is going to go to the next level when you need to start considering pallets from your wholesaler 😀 These two orders make up my second wholesale shipping plan to Amazon. The…

Inbound Shipping to Amazon

Inbound Shipping to Amazon

Finally my first wholesale order is inbound to Amazon’s 4 warehouses. I have a total of 106 units, divided into 4 shipments. By default, when you create a shipping plan, there is a high chance of your shipment getting split. If you want all the items in your shipping plan to go to the same warehouse, you can always opt in to Inventory Placement Service. However, it will only apply to most of your standard sized items. Plus there is an additional charge per unit for this service. Read more about…

Unable to send in inventory – “You are already at the maximum inventory allowed for this product due to capacity or other restrictions.”

Unable to send in inventory – “You are already at the maximum inventory allowed for this product due to capacity or other restrictions.”

New issue when sending in inventory. This is the first time I’m sending these 3 SKUs in. Guess some other sellers have a lot of these piling up in Amazon Warehouses. Or they are running out of space. Not a comforting thought. Have sent an email to Seller Support. Shall see how it pans out. I’m actually more concerned with how this will affect private label products. Especially new listings. Imagine manufacturing 5000 Qty, and getting restricted by Amazon. That is going to be hell. Please follow and like us:

First listing on eBay

First listing on eBay

Finally! Previously, eBay had cap my account at a 0 items selling limit since Feb this year. I created my account in Jan 2016 in preparation for another sales channel, in addition to Amazon. But even after making me submit all sorts of documents to verify and confirm my identity, they only agreed to increase my selling limit to total listing for 3 items, for a total selling limit of 120usd. The limit can only be increased again the following month. Best part about this? Even though they claim they had already increased the…

Rules of the Business

Rules of the Business

The biggest problem sometimes with sourcing for products to sell? Falling in love with the products you shouldn’t want to sell. Most of the time for me, that would meant the stuffs that are fragile. Beautiful teapots, ceramic wares, fairy mugs… In fact, right now, I’m crunching the numbers on some fragile teapots… Which is so lovely that I want one for myself! The ROI & sales rank are not even fantastic, by the way. So.. No excuse there. Sometimes, I supposed most of us simply take every opportunity that comes our way, even…

Tools Of The Business : Accounting Softwares

Tools Of The Business : Accounting Softwares

Googling around gave me 3 viable options : Xero, Quickbooks Online, WaveApps. Basically I need to track my income and expense. I don’t need to invoice my customers, or keep track of inventory at the moment. All prices mentioned are in USD. Xero I was totally leaning towards Xero, even though it’s a pretty expensive for a startup. It has all those cool integrations, which would be really useful for an Amazon business. I was looking to use a Multi channel accounting import integration with Xero. Either A2x or Dear System. These integrations…

What you need to know about running An Amazon Business – The various business models

What you need to know about running An Amazon Business – The various business models

There are many ways to run your Amazon Business. As long you can buy low, sell high on Amazon with a good velocity of sales. Retail Arbitrage This is a common starting point for most people. Basically, you start by going into the stores, and start scanning items to find profitable inventory. This works really well if you are physically located in the US. Simply not feasible to send items from Singapore. Shipping is crazy! Online Arbitrage This works as a great starting point especially if you are located outside…