Wednesday, April 23, 2014

Amazon's Mobile App

Whether you think you can, or you think you can't, you're right.
-Henry Ford

If you own an iPhone, then download the new Amazon Seller app. Please come back and leave your review in the comments for those of us living and waiting for the release of the android version.

If you're starting this business on a shoestring, then you want to put every penny into inventory. Take a look at how you can use Amazon's Mobile app for customers as a sourcing tool. When I started, I already had this app on my phone, but I didn't pay it much attention except for a couple of times when I wanted to order something. One day I noticed the little barcode scanner and the rest was history! 

Here is how the Amazon Mobile app works:
This is the Amazon Mobile app. Do you see the barcode scanner on the right side of the search bar? Click to scan a product! 















If you click the search icon on the left of the search bar, you will get this page. The Amazon Mobile app gives you three ways to search: type it in, scan it, snap a picture of it. How cool is that?

P.S. If a different product comes up, you can click a button that let's Amazon know that it's a mismatch. If this happens, I use the other two options to search.










I scanned a can of Campbell's Chicken Noodle Soup that was in my pantry. The price that you see is the BUY BOX. If it says, "Free Shipping" for orders over $35, then you know that it's a Prime product (ships and arrives to Prime customers in 2 days). Notice that you can see who has the buy box and how many that seller has left in stock. Scroll down on your phone (and on this blog page for the next picture).











When you scroll down on the listing page you can see more information. Click on the New & Used tab to see how many sellers, prices, and whether they are selling FBA or MF (merchant fulfilled - you mail it to the customer).

Click on the Features & details page and you will see...












the beauty of this app! Ranking!

P.S. 184385 is a stinky ranking for groceries. Don't run out and buy six cans of chicken noodle soup!













If you click on New & Used, then this is what you will see. You might be wondering which sellers are FBA and which ones are MF. FBA offers will say, "Eligible for Free Shipping". MF offers will show the shipping cost.

You're probably wondering how to calculate fees. Plug the product into the FBA calculator (I saved it as bookmark on my phone). Put in your sell price. In the Inbound Shipping box, put your cost + $1, then hit calculate. This will give you a good idea of your profit and ROI. 

Are you excited about Amazon's FREE Mobile app yet? The best part is that Amazon's information will be correct (at least compared to third party apps).

I hope our iPhone users will chime in with comments about the new Amazon Seller app. I can't wait until it's released for android phones!

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Hey there! I'd love to hear what you have to share about FBA, but please keep your spam out of it. Thanks for reading and commenting!