Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

052 - Overcoming Your Fear of Tanking Prices - Fears Series

052 - Overcoming Your Fear of Tanking Prices - Fears Series

FromThe Full-Time FBA Show - Amazon Reseller Strategies & Stories


052 - Overcoming Your Fear of Tanking Prices - Fears Series

FromThe Full-Time FBA Show - Amazon Reseller Strategies & Stories

ratings:
Length:
17 minutes
Released:
Oct 5, 2020
Format:
Podcast episode

Description

No Amazon seller likes it when their items start tanking in price. When prices go down, so do potential profits. On today’s episode of Full-Time FBA we dive into a 4-week Fear Series with the topic of how to tackle overcoming your fear of tanking prices. We go into how to avoid tanking prices and how to deal with situations when prices do in fact tank. When you're out sourcing for inventory you might worry about going "too deep" on an inventory buy because you fear that the price might tank, leaving you with excess inventory that's not going to sell unless you lower your price too. Is the solution always to lower your price? Not at all. In this episode we'll show you how to make better sourcing decisions to help you find inventory that will hold its higher price. We'll also chat through some ways to respond if you see the price is starting to tank on your items and strategies to sell your item fast before the price tanks too low.
Released:
Oct 5, 2020
Format:
Podcast episode

Titles in the series (100)

Sometimes selling on Amazon can be frustrating, but we're here to help. Hosted by Full-Time FBA's Stephen and Rebecca Smotherman, The Full-Time FBA Show is a podcast focused on helping you grow your Amazon FBA business to a point where you can make a full-time income with only part-time hours. We'll talk about the best Amazon FBA strategies and hear inspirational stories from those who have succeeded in making a full-time income with Amazon. The podcast features fresh content, proven strategies, and motivational interviews that are sure to help you take the next steps in growing your Amazon business.