How to Grow Your Amazon Business
In this Video Case Study Joe talks about how he took his Amazon business of less than 50 items to several hundred listings that are constantly selling, day after day, 24 hrs a day.
The problem he had was that he often oversold items, this would lead to not being able to send the item to the buyer, and then attracting a defect and negative feedback.
By using Scarcity Managers inventory management software which links directly to your Amazon Store, he was able to use the dynamic features to automatically check his suppliers stock status and update this to his Amazon listing. This was as he says “A Game Changer”. He also was able to compete with his competitors and keep his profit margins stable by making use of the dynamic supplier repricer. We need to know How to Grow Your Amazon Business.
He also shares how he took the same items from his 6 figure eBay business (which he also uses Scarcity Manager for) to double down and sell in his Amazon Store!
Transcribe of “How to Grow Your Amazon Business?”
Hi guys. My name’s Joe. I recently started selling on Amazon probably around a year ago. I started selling on Amazon using the FBM methodor Fulfilled by Merchant which essentially means that Iwas or have been buying items from a supplier and having the supplier shipped to my customers from their warehouse, which is great. It means that I don’t have to touch any inventory and it’s all done automatically for me.
The problem that I had was I would quite often oversell items, which meant that a customer would place the order that I had listed on Amazon, and the supplier may have run out of stock and didn’tactually have any inventory of the item that I had listedon Amazon, which meant that of course I couldn’t send the item to the customer even thoughthey’d already paid for it which is obviously an issue. It, it quite often meansthat you get a defect or a worse acceler rating on Amazon and can easily attract negativefeedback from the buyer.
Around six months ago or more I started using Scarcity Manager the inventory management software that links straight up straight into Amazon. This meant that the software would automatically check my listings. Once the I’d loaded mylisting, my Amazon listing uploaded it into Scarcity Manager and filled out the details for each listing from the supplier into Scarcity Manager. Scarcity Manager will check the check the supplier’s inventory automatically, and if the if the supplier runs out of stock on their website it will put your inventory on Amazon to zero which was an absolute game changer.
It meant that I could scale my business really quickly on Amazon to the point where I went from having under 50 listings to over hundred, 200 listings that are constantly selling every day 24 hours a day. The other, the other advantage of or the other big advantage of Scarcity Manager is that it will automatically change the price via percentage that you set in Amazon. So that, sorry, that you setin Scarcity Manager rather.
So once you’ve set your percentage, if the if the price changes on the supplier then Scarcity Manager will automatically changed the displayed price that you have set on Amazon which is amazing because not only doesit make you competitive with other sellers on Amazon, it also means that you don’t end up having to pay more for the items that you’re buying from your supplier and your profit margins stay the same, which is which is amazing. I honestly wouldn’t be able toget my business to the level that it is now without software like Amazon, sorry software like Scarcity Manager, it’s an essential part of, of my business and I don’t know whether I’d even be selling on Amazon if it wasn’t available.
As far as I know, there’s not any other software that can that can dynamically update my listings in a way that stops me over selling items. And the reason that I started using Scarcity Manager on Amazon is because I already had the eBay business doing the same thing which is now generating over six figures. And the fact that I can use even the same products that I’d researched within Scarcity Manager hot selling products on eBay are quite often the same products that you can sell on Amazon.
So you can essentially double up and and sell the same items that you’re selling on eBay on Amazon, andyou can two x, three x or take your business much further with very little effort because you’ve, you’re basically using the same listings. Any little issues that I’ve had along the way with Scarcity Manager within Amazon within the Amazon dashboard, I just email the customer service teamand they’re very responsive and friendly and helpful, and any issues that I’ve had have been addressed very quickly.
Even just little things like me making mistakes with the way that I may have entered a URL or a percentage incorrectly was quickly pointed out seamlessly, actually, so that I can, I’ve got the support there from a team of people that will talk to you and tell you how to, how to fix it, which is very valuable. Yeah, so I can’t really talk itup enough because it, I honestly wouldn’t beable to run my Amazon or eBay business to the level that it’s gotten to without it.
*Disclaimer -Joe has voluntarily left us this review. He is not an employee, nor does he work for Scarcity Manager in any capacity.
𝗖𝗵𝗲𝗰𝗸 𝗼𝘂𝘁 𝗼𝘂𝗿 𝗩𝗶𝗱𝗲𝗼 𝗧𝘂𝘁𝗼𝗿𝗶𝗮𝗹 𝗼𝗻 𝗦𝗰𝗮𝗿𝗰𝗶𝘁𝘆 𝗠𝗮𝗻𝗮𝗴𝗲𝗿𝘀 𝗔𝗺𝗮𝘇𝗼𝗻 𝗗𝗮𝘀𝗵𝗯𝗼𝗮𝗿𝗱. 𝗛𝗮𝘃𝗲 𝗮 𝗹𝗼𝗼𝗸 𝗮𝘁 𝗮𝗹𝗹 𝘁𝗵𝗲 𝗳𝘂𝗻𝗰𝘁𝗶𝗼𝗻𝘀 𝗝𝗼𝗲 𝘁𝗮𝗹𝗸𝘀 𝗮𝗯𝗼𝘂𝘁.
🔥➡️ https://www.scarcitymanager.com/blog/software-for-amazon-sellers/
𝗦𝗲𝗹𝗹𝗶𝗻𝗴 𝗼𝗻 𝗲𝗕𝗮𝘆? 𝗖𝗵𝗲𝗰𝗸 𝗼𝘂𝘁 𝘁𝗵𝗲 𝘁𝗲𝘀𝘁𝗶𝗺𝗼𝗻𝗶𝗮𝗹 𝗳𝗿𝗼𝗺 𝗖𝗵𝗿𝗶𝘀 𝘄𝗵𝗲𝗿𝗲 𝗵𝗲 𝗱𝗶𝘀𝗰𝘂𝘀𝘀𝗲𝘀 𝗵𝗼𝘄 𝗵𝗲 𝗺𝗮𝗸𝗲𝘀 𝘂𝘀𝗲 𝗼𝗳 𝗦𝗰𝗮𝗿𝗰𝗶𝘁𝘆 𝗠𝗮𝗻𝗮𝗴𝗲𝗿 𝘁𝗼 𝗮𝘂𝘁𝗼𝗺𝗮𝘁𝗲 𝗮𝗻𝗱 𝗺𝗼𝗻𝗲𝘁𝗶𝘀𝗲 𝗵𝗶𝘀 𝗱𝗿𝗼𝗽𝘀𝗵𝗶𝗽𝗽𝗶𝗻𝗴 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀.
🔥➡️ https://www.scarcitymanager.com/blog/how-to-automate-your-ebay-dropshipping-store/
🔥𝗝𝗼𝗶𝗻 𝗦𝗰𝗮𝗿𝗰𝗶𝘁𝘆 𝗠𝗮𝗻𝗮𝗴𝗲𝗿 𝗛𝗘𝗥𝗘:
➡️ https://www.scarcitymanager.com/register.php
🔔 𝗦𝘂𝗯𝘀𝗰𝗿𝗶𝗯𝗲 𝗧𝗼 𝗢𝘂𝗿 𝗬𝗧 𝗖𝗵𝗮𝗻𝗻𝗲𝗹 𝗛𝗘𝗥𝗘 ➡️ https://bit.ly/3sH7KLq