Sunday, August 31, 2014

Random FBA Notes & Thoughts

Our thoughts create our reality.

Random FBA Notes & Thoughts:

1. If you've been using balloons to replace air pillows, please STOP NOW. I asked seller central about this practice (after hearing that someone got a policy warning), and this was their response: Balloons are not acceptable as they do not protect the product from the damage and hence results in damaged goods received in the Shipment.

2. There are lots of unofficial lists floating around of products that have been restricted, yet on those same lists are products that other sellers have sent in without issue. I think it's safe to say that anything that could be potentially hazmat, high end brands like Coach (even accessories like key chains), liquids (over 4 oz in glass containers are not allowed FBA), powders (anything with phosphate -even food items), and glass could cause you problems, so proceed with caution.

As Q4 gears up, there are a few toy items that you simply need to avoid: Disney Frozen (all products were FROZEN by Amazon without special approval), Rainbow Loom, and Discovery Toys. Some sellers have had Hello Kitty items restricted while others have sold them without issue. It's a toss! Amazon doesn't have an official list which is part of the problem, so I've learned that if you're in doubt, ASK seller central. Get their answer in writing! If a toy is super popular, and could possibly have counterfeits running around, then you need to be cautious.

3. Source outside of the box -big box stores that is. Look local. Think about places that might have items you can source that people wouldn't typically think to look there. Do you have a chain of stores that is specific to your state or region? What about mom and pop shops? Do you live in the city? Take a country sourcing trip. Do you live in the country? Go into the city for a day or two. Get out of your comfort shopping zone, and look for the unexpected in the places least hunted. Think of it like one big giant Easter egg hunt! Where might those valuable eggs be hidden?

4. Get a handle on your numbers. Get your focus on. Set goals. (Note to self).

5. Set a sourcing budget. Plan what / where / how. Focus on one type of sourcing at a time (category, store, online, niche, bundles, multipacks, fast turns, long tails, ect.). For example, I've been focused mainly on toys this week. Next week, I will probably focus on replens, but I also have some bundles I want to explore, so I might take a week just to focus on that. There are so many ways to go about this that it helps to focus on one at a time and rotate. Keep adding baskets for your multicolored eggs.

1 comment:

  1. I am currently working on #4 & #5

    #4: I have found a bookkeeping and inventory system/app that I like. I plan on starting with the bookkeeping program first and wait(about a month) to pay for the inventory program, so I can have extra money for inventory.

    #5: Last night I was so excited because I found some products I want to test and I have three bundle ideas (finally). I do not plan on getting caught up in the toy frenzy of Q4. I don't really want to go hard in categories I wouldn't normally sell in. So, I will be very limited in toys.

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