Questions from the group participants:
Question – What is the difference between Jungle Scout and Keepa?
One of the best tools we recommend is Keepa which allows a quick decision based on good data that we trust
Listen to episode #369 at https://silentjim.com/podcast to hear the best information we teach about Keepa
Keepa link – https://silenjim.com/keepa
Question – I use Bqool repricer and need help with a setting, can you help?
Bqool – https://silentjim.com/repricer
Facebook group – great question for our FB group
https://www.facebook.com/groups/mysilentteam
Question – Can you still do RA (retail arbitrage) when you change to a wholesale account?
Podcast #807 is an example of building an Amazon Business where our student uses several different business models in one selling account.
PROVEN Branded Bundles -we’re going to be adding this course to our PAC this month!
https://PROVEN Branded Bundles.com
Question – Does the old buying inventory 3x rule still work selling on Amazon?
The answer is it depends!
Use a great tool to be well informed
https://provenamazoncourse.com/revseller – gives you a quick estimate of the fees
Question- If I leave an ASIN that I’m running out of as an out of a stock and I’m not sure if I’m going to continue with that ASIN or not, do I have to close it out or can I leave it as it is?
Not an issue but there are considerations here.
Question -If Amazon is on the listing should I avoid that ASIN?
More thoughts on this strategy a bit later in the show.
Question – When I get good inventory listed I get a letter from the supplier saying that I am not authorized to sell, how do I deal with this?
Jeff Schick, our legal expert, is a terrific resource here https://jeffschick.com
Asking on the MST Facebook group with hidden details is helpful in discerning if the letters are legit
The Keepa chart’s sharp decline of sellers is a hint that the brand may be best to stay away from – “grumpy brands”
Question: Are we allowed Amazon to Amazon Flips?
Yep! Don’t use your Prime account.
Question: Should I set my price higher than the Buy Box price for 3-4 weeks?
Podcast #554 – Above the Buy Box pricing
Question – Why it doesn’t always matter that Amazon is selling on the ASIN?
Sometimes Amazon being on the listing is better for boosted ranks of your product.
Buy Box crucial information
Question: Do you try to win the buy box or match the buy box?
https://SilentJim.com/bb70 – our Facebook chat of all Jim’s examples of selling at a higher price
Podcast 554, 555, 612 – these episodes highlight Above the Buy Box pricing
Be sure to be well informed in the Replens training in our Proven Amazon Course before diving too deeply into this strategy
Suppressed Buy Box
Jim explains what that means. How it can be a plus on your product listings!