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Episode 245: Stocking Out is Good for Your Business

Episode 245: Stocking Out is Good for Your Business

FromThe Smartest Amazon Seller


Episode 245: Stocking Out is Good for Your Business

FromThe Smartest Amazon Seller

ratings:
Length:
11 minutes
Released:
Feb 20, 2024
Format:
Podcast episode

Description

In this episode, Scott dives into the art of inventory management, drawing lessons from early encounters with hits like Elf on the Shelf, Halloween products, and Barbie dolls. He explores the fine line between stocking out and overstocking and discusses why stocking out can sometimes be good. Plus, Scott tackles upcoming 2024 FBA fees and shares strategies for thriving in today's ever-evolving market. Tune in for expert tips on mastering inventory and maximizing profitability. Episode Notes: 00:30 - Early Lessons from Amazon Selling01:35 - The Elf on the Shelf03:05 - Halloween04:25 - Barbie Princess06:20 - Why Stocking Out Can Be a Good Thing07:05 - Stocking Out vs Overstocking09:20 - Greed vs Caution Related Post: How To Sell on Amazon Without Inventory
Released:
Feb 20, 2024
Format:
Podcast episode

Titles in the series (100)

Scott Needham is the Founder of SmartScout and BuyBoxer. An Amazon software developer for 10 years his company BuyBoxer has done over $300m in sales. Scott has accumulated a deep knowledge about selling product online, and in the podcast he shares his knowledge with you to help you become a better Amazon seller.