Products To Resell Are Really Out There

Well can you believe it, January is almost gone and before you know it it will be February2 then March. And in those two months we have three large and profitable buying periods, any guesses to what they are?  Well let me tell you…………………

  • Valentines Day
  • Mother’s Day (UK)
  • Easter

I know what your thinking to yourself no way can it be Easter so soon we have only just got over Christmas, but I am afraid it is. And before you know it, it will be Summer. A scary thought and when you work in retail the months seem to fly by even faster as we are always working several months ahead so we can source, buy and send into Amazon ready for the start of the buying season.

A very common question I hear all the time is, but where do we find the products to buy to resell. Honestly these items are all around you. Walk into any shop in the UK (or world) and right there in front of you is the potential to make some money, we just need to scan the items with our phone and see what the app tells us.

Apps such as ScanPower, Amazon Sellers App and Profit Bandit are some of the best, right in front of our eyes we can see if the item we have scanned has the potential to make us some money on Amazon. Sometimes the answer is yes and other times the answer is no. When it is a no we can either put the item back on the shelf, or we can think to ourselves could we put this item into a bundle and still make money.

Bundles are a great way and very profitable way to make good money. They also help you stand out from the crowd and make your bundle listing unique. Over the coming weeks we will be looking at bundles and how by adding them to your business model you can take your business to the next level.

But before we can move into bundles you need to understand that there are millions of items out there in regular stores offline and online that have the potential to make us money day in and day out. As a reseller we need to be prepared to take action, go out or go online each day and spend some time finding those items.

If we are prepared to do this on a regular basis very soon you will breakout of the mindset of not being able to find items to sell to finding items jumping out that are saying buy me. So to start the ball rolling you need to just go and take action and start scanning.

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 Do You Sell Online?

Have you ever thought why do you sell online?  I know a strange question, but if you take some time out and think long and hard about the real reason why you sell online you will be able to grown your business many times over. The concept I am talking about is knowing your why. Once you have identified your WHY, you will never look back – in all areas of your life.

So today, take yourself off to a quiet spot, with a pad and pen, yes a real; pen and a real pad of paper none of this tablet or phone apps for now, later on you can upload the information, but there is something that happens when you think and write – if you have not tried it give it a go please and you will see what I mean.

And now spend some time and write out

  • Why are you doing this business?
  • Why are you selling online?
  • Why are you selling on Amazon or ebay or Etsy?
  • Why do you sell in the categories you have chosen?
  • Why do you not sell in other categories – is it fear of the unknown?

Answer the questions truthfully and honestly as the answers you give will help you grow your business many time over.

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.

UK Product Sourcing – Chocolate Bundles

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We are back with another UK Product Sourcing Tip and today looking at Chocolate and
Bundles.. Each on their own can make you money but when you bundles chocolate with some other products you are adding wonderful profit to your item  and bank account.

On the way home from Church walked into Lichfield and had a look in some shops before catching bus.

Several discounted sales in the shops, but picked up Thornton’s Chocolate 5 boxes for £20. This works out at £4.00 a box. Retail for £12.00 So on their own can make money but these will be bundled with candles and bath smellies.

Now you can buy the extras from places like Poundland, Home Bargains or B&M type stores.  Or from sights like https://www.ancientwisdom.biz

Always Remember keep those bundle radar eyes and ears open

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.

Are People Becoming Disconnected With Each Other?

Let me ask you a question “Are people becoming disconnected with each other? Now you brainstorming.jpgmay think this is a strange title for an Amazon, eBay centered blog, and in some ways it is, but in another way I believe it hits the nail firmly on the head. We all, and yes I do include me in this to get out and away from our computers and smartphones and meet real people and talk with them face to face. (Yes I do include Skype etc in this).

I have been thinking about this for sometime and today I saw something that made me stop and think, Is this really where we are as a human race.

Picture the scene………. I am sitting in a coffee shop in Stafford, the weather outside is damp and dark, winter is on the way, but inside the pace is buzzing. There are all ages in there teenagers, young families, right through to the older generation. The staff are young and love to chat and banter with the people they are serving. And while you wait for you hand made coffee and drink and breakfast to arrive you can play board games, people watch and talk.

Into the cafe walked I guess a Mum and little girl. I say guess Mum because well you will see. The Mum went to the counter ordered the food while the little girl sat at the table. Mum walked back and as she did she picked up a trendy art magazine that are dotted around the place, and without saying a word handed the little girl a smartphone, and for the next 35 minutes even when their drinks arrived, did not speak, make eye contact with each other and the only words were at the end when Mum (or whoever) just said hurry up finish that drink……… and they left.

While on the table beside us was two young families, they were chatting to each other and all the time including the children. They spoke to them, helped one colour in a picture they were totally connected with the children and each other.

So are we as resellers connected to our customers, or are we silently pipping at our phones sending out messages hoping people are watching, listening and buying? And the only person who can answer that question is you. So are you disconnected from your customers or are you fully connected.

Please live, share and comment below.

Is Sourcing Products From Retail Stores Profitable?

A question I get asked all the time as an eBay and Amazon Consultant “Is sourcing products from retail stores profitable?” The answer I always give is It depends on what you are sourcing, and where you are sourcing and what price you buying the item for. Remember in retail selling either online or offline you make your profit when you buy the item not when you sell the item.

What do I mean, when I say this…….. You make your profit when you buy and not when you sell. Well if you buy your item too high, there will not be the opportunity to flip the product on either Amazon or eBay and make a healthy profit. So you need to buy as cheaply as possible, which will then give you the opportunity to flip on Amazon and eBay for a higher price.

When you source remember, you need to take into account the Amazon or eBay / PayPal fees. Amazon fees as a general rule are 30% and eBay / PayPal are 15% together. Now while the eBay fees may look cheaper and yes they are, you got to ask is that the right place to sell your items. Also remember that you are paying Amazon to store the items for you and then to pick, pack and ship them out to your customers.

So once we have identified products we like the look of and scanned them with an app on our phone if doing offline arbitrage or used extensions on our computer for online arbitrage and we have find a good item we need to work out how many do we buy. To start only buy a few of each item take your money and go wide not deep. You are far better buying many different products than just a large quantity of one or two items. (Once you find good sellers then you can buy larger amounts and then move into wholesale) But for now we will just do the Retail Arbitrage side of the business.

So is sourcing products from retail stores profitable the answer is using the right tools on your phone. buying small quantities of each item the answer is a big yes.

Easy Steps To Help You Get Started.

  • Use an app such as the Amazon Sellers App which is free for iPhone and Android
  • Source from retail stores both online and offline
  • Go for all types of stores not just the large brand name stores. Very often some of the small retail shops have great offers and closeout items
  • Go wide and not deep
  • Look out for offers such as Buy one get one free, three for two, Buy one get one half price, and look out for sales and clearance items.

Just keep those eyes and ears open and you will start to see products all over the place that you can buy to resell.

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.

Does Retail Arbitrage Really Work In The UK ?

Does retail arbitrage really work in the Uk, is a question I am seeing time and time againFBAPic.png recently on the forums and groups. And the simple answer is yes it does work. Yes it is a bit harder here in the UK than it is in the USA. 

To make it work you need to get out there, scan, scan, scan and guess what scan items. Yes it takes time, yes it takes work, yes it takes patience. Remember this is a business you are running, and if you ask any successful business person here in the UK, or around the world and they will tell you that it took time, work and failures to build it to what the business is now. And will continue to take time and hard work.

I believe one of the factors why people are saying it does not work, is the fact that they are going where the masses are going. Now please do not get me wrong on this I love to help people, yes think it is great when people share a BOLO (Be on the look out), but let’s have a little look at this. Say I see a hot product in Tesco, and quickly add a post to one of the many groups out there in the UK for sellers. Suddenly hundreds and at times thousands of people see that, dash out and buy the product. Now we have the situation of where the sales rank was good, two or three FBA sellers and a good price, to 25 FBA sellers and people tanking the price. Not so good now.

  • When I go to a store online or offline I tend to go where there are less crowds, I look at the back of the shelves, I look on the bottom of shelves, depending on how I feel I will ask the section manager if they have any shelf-pulls they need to shift as I might be interested if the price was right.
  • Think about packs and bundles as you are walking around the store, think how can I be different and stand out from the crowd. How can I turn this product into something different that people need.
  • Get yourself out there on a regular basis, visit those stores, keep those eyes peeled, ears open to what opportunities are hidden, just waiting for you and me to take advantage of.
  • Also when doing Retail Arbitrage both online and offline do not go for quantity of the same items. Only buy 2 or 3 of each item. Go wide instead of going deep. Only go deep when the item is a proven seller and look at buying those proven sellers from a wholesaler.

But the golden egg in all of this Retail Arbitrage is take a wander down those, small country lanes where the path is less trodden and there are only a handful of people and it is on these shelves, often hidden that you can find those gems of products. Also again visit the smaller retailer and see what they have on offer.

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.

Taking Your Business Mobile

A few short years ago the thought of taking your Amazon and eBay business mobile would Taking Your Business Mobilehave just been a dream or something you read in a sci-fi magazine. But today on 2015 having that opportunity is no longer a dream. It can happen. But hands in the air (or leave a comment below), how many of you are using the technology we have and truly taking your business mobile?

Or put it another way, when was the last time you listed something while you were outsourcing in a shop.  For me it was Saturday, I had bought a few items in a charity shop and while I was sitting on the bus on the journey home, I opened up the app on my phone. I used ScanPower this time. I scanned the item and then sent it to my list in the cloud. So by the time I got home, there was the list ready for me to print labels and send into Amazon right there on my desk top.

Also I use the eBay App and I have taken pictures with my iPad and there in the app I list the item. Yes the first few times it does take a bit of getting used to how the app works but once you have listed a half dozen items you will speed through the listings. Now I am going to be very honest here, although I like the iPad eBay App, I would not like to use it to do a major listing session as I find the process too slow, but to list a few items on the fly, no problem.

It seems each week that goes past we see new apps appearing for our smart phones and computers, some are just fun ones, while there are a few that if used in the correct fashion will make the life of the mobile reseller so much easier.  They do really give you that flexibility to work anywhere in the world, where you have a laptop (or tablet / smart phone) and access to the internet.

On a practical note I use the following :

  • Dropbox
  • Evernote
  • ScanPower
  • Amazon Sellers App
  • eBay App
  • Terapeak
  • Plus a few others

By storing the images in say Dropbox or Evernote and also your titles, descriptions for items you are listing, all you need do in a spare minutes just open up the laptop and start to list your items.

If you have a favourite App please share it below and help others brace the possibility of taking your business mobile.

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.

Are You Living A Generous Lifestyle?

Let me ask you a serious question, “Are you living a generous lifestyle?” Before Are You Living A Generous Lifestyleyou email me and say I thought this was a blog all about Amazon and eBay and online selling…………. well it still is and you will find if you apply this generous lifestyle to your business and personal life you will find you will have not only a better business but also a wonderful personal life too.

To start living a generous lifestyle is not about money. Sadly in this modern day society if you ask people are they living a generous lifestyle most will say not a chance we do not have enough cash to live on…….let alone give money away. It is not about the money, yes it is nice if you had the money to share with others, but you can live a generous lifestyle in so many different ways.

  • For example giving someone in the street a simple smile.
  • Saying thank you to the checkout person at the supermarket, it is amazing when I am in a store people do not say a simple thank you and give a smile.
  • Helping someone with their shopping to their car.
  • Cutting a neighbours lawn or doing their garden
  • Baking a cake or a meal for someone who is sick, or just come out of hospital.
  • Take a friend, colleague, neighbour out for a cup of coffee or tea (or even a meal).
  • What about just paying for someone’s drink, or meal in a restaurant, scary yes.
  • Just spending time with a friend or loved one. Yes this simple act is what living a generous lifestyle is all about.

As you can see this simple acts of living a generous lifestyle can cost nothing apart from a bit of time or a simple smile. But the difference it can make in someone’s life can make a massive difference to them.

If you do one of the above at least once a day, very soon you will have random people in the street just giving you a smile, saying thank you if you hold a door open and the list goes on.

Also you will see a difference in your business all from a simple smile – but how can you live this generous lifestyle online? Well let’s take a look.

  • Just say thank you to someone who gives you a tip or shares some information.
  • Maybe share a link t your own page on Facebook
  • Share a BOLO (Be on Look Out) product
  • Put a simple thank you note in parcels going out.

I hope this helps you to see how living a generous lifestyle can make a difference in so many peoples lives. Why not ty it tomorrow and share below the reaction you had. Just try it, and start on the exciting journey of living a generous lifestyle.

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.

How often Are You Listing Items?

Recently I have been hearing people say that their sales have not as been as How often Are You Listing Items?
good as they were a few months back. Well, this could just be down to the fact that it is summer and people are away on holiday, spending time with their children and just spending more time outside.

Yes, I know there are other reasons why sales can be down, such as more people are selling the same item, prices have dropped and maybe even the product is coming to the end of its sales life. In fact, it could be a whole host of issues, but it could also be down to something else, something so simple you will kick yourself when you find out. Any ideas?

It could just come down to the fact that you are not listing enough items on your selling platform – eBay, Amazon, Etsy. In fact it does not matter which of the platforms you list on, what matters is you list items on a regular basis.

In an ideal world if you can list items on a daily basis you would see your sales increase on a daily basis. Also, you need to keep adding new items to increase the total amount of items you have up for sale. It is a proven fact also the more items you have up for sale, the more items sell.

So what next?

List items on a regular basis – ideally daily but if that is not possible try and list a few times a week at least.

  • Increase your stock levels on a regular basis
  • Join the above two actions together and you will see increased sales and more money in your bank accounts.

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.