The Sun Is Out, Holidays Are Here, But Are You Still Sourcing?

Yes it is that time of year when the sun is out, schools are breaking up and Do You List During The summer holidayspeople are more interested in having fun outside and thinking about that holiday they have been planning on for over a year, and for most the online selling has taken a back burner. Now do not get me wrong holidays are good, time to spend lazy fun filled days with family and friends and to recharge those batteries, but should we just forget about sourcing and our business for a few weeks?

Well, sorry to say, we are in business and if we run the business on our own with maybe a few VA’s and a Prep Company then we do need to keep a watchful eye on the business. No I do not mean you need to take your laptops with you and have them on 16 hours a day, just your smart phone (and maybe a tablet) with the Amazon Sellers App on will do, something to just check for any messages from buyers, as you do not want to allow these to go over the 24 hour period, and yes maybe peek at sales, – it is fun to watch those sales happening while you are somewhere in the world relaxing.

As for sourcing while you are away. Well some people love to do this few a few hours in their day. Depending on where you are in the world, you might find some cool products at super cool prices that you can buy and flip onto Amazon. If it is only a few items these can go in your suitcase, but if you go mad and buy loads then you may need to make up some UPS / DHL etc boxes and send them back home ready for you send into Amazon on your return home.

Also if you time it right you can order items just before you go away, this therefore allows your prep company to work on everything and send them into Amazon for you, while you relax. (You just need to work on labels etc, but several prep companies now use user permissions to access your account to print labels)

So there you are done right, you can be relaxing somewhere in the world on a beach, and all the time the mighty Amazon is selling your items and making you nice profits.

Andrew Milburn has been selling on eBay and Amazon for many years
and is now helping many others from around the world learn the
freedom of selling on Amazon and eBay can bring. Andrew is currently
working with Jim Cockrum and Skip Mcgrath as an Amazon Consultant  and eBay Consultant and offers coaching through their coaching programs. For further information please fill out the box to the left.

Why You Need To Source On A Regular Basis

The other day I was asked the question “Do I really need to source items on a Toys.jpgregular basis to sell in my Amazon and eBay business?” Now you may think this was a question coming from a new person in the business, but in fact it was from a seller who has been selling online for many years. To start with I thought she was having a bit of a joke, but no she was being serious.

I then asked her how often she sourced for items for her online ventures, and she said just when she felt like it. Now I knew this girl only did this business part-time, as she had a job, and when I asked her was this due to the hours she worked she said no not at all. I was now puzzled so asked her when was the last time she sourced and she said before Christmas…………………………….

Then in the next breath she said and to be honest I am not motivated as my sales are so slow. I explained the sales were low, because she had not sourced or listed any items for almost six months so no wonder sales are almost zero.

I then explained that to make Amazon and eBay work and bring in a real income one needs to be out there sourcing products on a daily or weekly basis and then listing them on sites such as eBay and Amazon. And if you are doing Amazon send them into Amazon FBA.

It is a very simple process

  • Source
  • List
  • Sell
  • Rinse and Repeat

And if you can do the above on a weekly basis then you will start to see an increase in your sales, and these sales will then motivate you to go out more and list more. Also remember if you are out sourcing and not listing the inventory you have at home is just lying there and gathering dust and not making money. It needs to be listed on eBay and stored safe or if doing Amazon listed and sent into one of the Amazon warehouses.

A model I have been following for a long time and I know other people have been using in one form or another is…………………………………….

  • During the week if working source online and place your orders so they all arrive where possible by the weekend. And where you can pop into local shops.
  • Weekend visit local stores, Charity Shops, Car Boot sales, Fates etc
  • Sunday afternoon and evening list items on eBay
  • Sunday afternoon and evening list items onto Amazon and prepare the UPS pick up for Monday

The above is very powerful and once you have been using it for a few weeks it becomes part of your life. Of course you may need to tweak it to fit your lifestyle, but the important thing is you do it and take action.

So in closing the reason why you need to source on a regular basis is so that you always have new items to attract new buyers and keep your online stores looking alive and fresh. And because the more you list the more you sell.

If you are looking for new ideas on product sourcing click here

Andrew Milburn has been selling on eBay and Amazon for many years
and is now helping many others from around the world learn the

freedom of selling on Amazon and eBay can bring. Andrew is currently
working with Jim Cockrum and Skip Mcgrath as an Amazon Consultant  and eBay Consultant and offers coaching through their coaching programs. For further information please fill out the box to the left.

Have You Joined The Source, List, Sell And Ship Club Yet?

Have you joined up to the source, list, sell and ship club yet?  If not why not? Source, List, Sell, Ship
As a reseller on Amazon and eBay you need to sign up to this club and be 100% committed to it.  Now of course such a club does not really exist, but in our minds and in our business journals we need to create our own club.

Our reseller business can really be broken down into Four main areas :

  • Source
  • List
  • Sell
  • Ship

Each one of the above is so important, on its own but when you add the four together you have a powerful business that will continue to grow and add money to your pocket and bank balance. For you see before you can ship and item you need to sell it, and before you can sell it you need to list it and before you list it you need to source it. Yes it is really that simple.

So if you have not done so yet, I want you to write in your business journal on a clean sheet of paper todays date, followed by this sentence “I have joined the source, list, sell and ship club, and I am 100% committed to it, to grow my business”

Then you need to commit to a set number of hours a day or week that you can source and list. And in the early days this is where you are going to spend most of the time. You need to build up a large list of items in Amazon and eBay – it is a proven fact that the more you list the more you sell.

Now of course this needs to be in proportion with each other. If you are sourcing for 10 hours a week, you need to look at setting aside 5 hours a week to list, and if you are buying joblots or wholesale lots you may need to put more time to listing as the joblots could have multiple items. Once you have been doing this for sometime you will get to know what your hours will be in this area.

The sell part of the business model does not take much time as most of this is done by eBay and if you are doing Amazon FBA there is nothing for you today at all.

Lastly the shipping part hours will grow as you grow your business. Again the Amazon FBA side does not need to be taken into account, but if you are doing merchant fulfilled or eBay orders you will need to allow more time on this as the orders grow.

So there you have it, a simple formula of Source, List, Sell and Ship, but if you do not spend time on each of these areas your business will suffer and sales will stop.

Hope this has helped you get motivated to grow your Amazon and eBay businesses and to take them to the next level. So get going and start to source, List, Sell and Ship.

Andrew Milburn has been selling on eBay and Amazon for many years
and is now helping many others from around the world learn the
freedom of selling on Amazon and eBay can bring. Andrew is currently
working with Jim Cockrum and Skip Mcgrath as an Amazon Consultant  and eBay Consultant and offers coaching through their coaching programs. For further information please fill out the box to the left.

 

Life As An eBay And Amazon Consultant – Part One

Life As An eBay And Amazon Consultant

If I look back on my life, and asked would I be doing the job I do now I guess the answer would be no. I guess if anyone asked me what I would be doing now, I would have to say working in retail or marketing, both areas I love…… so fast forward to 2015  and working in my own business as an eBay and Amazon Consultant is a real dream come true. I have retail aspect of the selling and sourcing, the marketing side and then the cherry on the icing is the consultancy and coaching I do.

Every day is different, yes I have the planned calls in my diary and the to-do list for my own retail business but then it stops. I have no idea what emails will come in, what questions will be asked in the forums, Facebook or on a reactive coaching call –  this is what makes it exciting, and what makes me want to wake up each morning.

Helping people take their business to the next level is fantastic, and seeing people grasp hold of something and the light go on and see them forge ahead in their business is a really humbling experience.

So through this serious I hope to share with you hints and tips on not only the practical and theory of the Amazon and eBay business but also share with you what items I have sourced when I go out sourcing.

Will this be a daily blog?  I do not think so, but who knows I want to have to free as possible to add what content I like, when I like….. hope that makes sense.

Andrew Milburn has been selling on eBay and Amazon for many years
and is now helping many others from around the world learn the
freedom of selling on Amazon and eBay can bring. Andrew is currently
working with Jim Cockrum and Skip Mcgrath as an Amazon and eBay Consultant and offers coaching through their coaching programs. For further information please fill out the box to the left.

UK Product Source – Costco

Today we look at general wholesaler, and the chosen one is Costco. Costco is a bit different from most wholesalers as it is more a buyers club with a Costcomembership fee.

But the yearly fee is well worth it and you can find some awesome buys both on an off line. Also look out for their brand names the main one is “Kirkland”

  • Category :  General
  • UK Product Source : Costco
  • http://www.costco.co.uk
  • 01923 830477

Andrew Milburn has been selling on eBay and Amazon for many years
and is now helping many others from around the world learn the
freedom of selling on Amazon and eBay can bring. Andrew is currently
working with Jim Cockrum and Skip Mcgrath as an Amazon and eBay Consultant and offers coaching through their coaching programs. For further information please fill out the box to the left.

UK Product Source – Ancient Wisdom

Ancient Wisdom

Well you have been asking for UK product Sources and here they are.We shall be  listing many different product sources within the UK and Europe, that you can approach to open trade accounts with.

  • Category : Gift
  • UK Product Source – Ancient Wisdom
  • URL : http://www.ancientwisdom.biz
  • Contact : 0114 279165

Please remember these are business to business companies and to approach them in a professional manner. Fill out the enquiry form or send them an email outlining your business.

Andrew Milburn has been selling on eBay and Amazon for many years
and is now helping many others from around the world learn the
freedom of selling on Amazon and eBay can bring. Andrew is currently
working with Jim Cockrum and Skip Mcgrath as an Amazon and eBay Consultant and offers coaching through their coaching programs. For further information please fill out the box to the left.

UK Product Source – Joe Davies

Well you have been asking for UK Product Sources and here they are.
We shall beJoe Davies listing many different product sources within the UK and Europe, that you can
approach to open trade accounts with.

  • Category : Gift
  • UK Product Source – Joe Davies
  • URL : http://www.joedavies.co.uk
  • Contact : 0161 975 6300

Please remember these are business to business companies and to approach them in a professional manner. Fill out the enquiry form or send them an email outlining your business.

Andrew Milburn has been selling on eBay and Amazon for many years
and is now helping many others from around the world learn the
freedom of selling on Amazon and eBay can bring. Andrew is currently
working with Jim Cockrum and Skip Mcgrath as an Amazon and eBay Consultant and offers coaching through their coaching programs. For further information please fill out the box to the left.

How To Drill Down In The Best Sellers On Amazon

Did you know that you can drill down in the bestsellers on Amazon to find some really cool products that you can take and run with to make some great money?

We are all so used to just seeing the top 100 products within the main category, but by clicking on some of the sub-categories and sub-sub-categories we can go deeper and deeper to see what people are buying right now on the Amazon platform.

As a tip remember that these top 100 lists are just a stamp shot in time of what is selling. Amazon refresh this every hour, of every day, of every week of every year. But here in the UK we can see how long a product has been there. Sometimes it is brand new other times it has been there for hundreds and even for thousands of days. The longer it has been there the greater the chance of the product being long term seller. Also you can see if it is on the way up or down. Green is good, red is keep an eye open.

Over the next few weeks we will be looking at how to source products in a lot more detail. Product Sourcing is one of these things that as online resellers you need to get a real understanding of for if you don’t you will not have products to sell.

Remember I am here to help you anyway I can to get a grasp on how to source, where to source products from, but there is a great course that has helped many people come to terms and understand it a lot better. The course is called Product Sourcing Master Class and if you click on the link you will be taken to further information.

In closing check out the video below and leave us comments and any questions and we will help you get started

 

Andrew Milburn has been selling on eBay and Amazon for many years
and is now helping many others from around the world learn the
freedom of selling on Amazon and eBay can bring. Andrew is currently
working with Jim Cockrum and Skip Mcgrath and offers coaching through
their coaching programs. For further information please fill out the
box to the left.

Sourcing The Life Blood Of Your Amazon / eBay Business

As a Amazon / ebay consultant it has been worrying me recently when have beenSourcing The Life Blood Of Your Amazon / eBay Business talking with people and I hear they have been struggling with sourcing products to re-sell. Yes we can have a grasp of how the numbers all work, what sales rank is and how to buy within sales rank and make sure there are only a few FBA sellers, we can have top marks for that.

But if we cannot grasp hold of how to source and what sourcing is then our business will slowly die a death.Therefore I have decided to spend the next week or so, and look at what sourcing is, and how to do it in a way that is fun and enjoyable and at times can involve your family and friends.

We will look at many different ways of how to source, for example:

  • Retail Arbitrage
  • Online Arbitrage
  • Wholesale
  • Importing
  • Private Label
  • Craft
  • Trade Shows

As ecommerce sellers we need to learn not only just how to source but to make it a fun part of our business. If we do not enjoy getting out there and finding new products then our business will slowly die a death as there will be no products in our stores for people to buy. And if people keep coming back and find the same items time after time they soon get bored and will look elsewhere.

Over the course of this mini how to source course we will look at many different and creative ways to source products using a range of free and paid for tools. As I mentioned at the start it is good to know your numbers and it is a must, but numbers without products is no good, and products without knowing the numbers is no good either so we need both. And throughout this process you will see how we can do this.

If you have any questions please leave them in the comments section below or over on our Facebook Page and we will help you all we can. Lets make this interactive and above all lets have some fun.