Our newer ProvenAmazonCourse.com and coaching students often ask questions like, “Where can I find a source that allows me to sell items for a profit on Amazon?”
Typically these students are looking at the current or average recent buy box price on Amazon or the featured price and then setting about trying to find a “cheaper source”.
While there’s some potential in that model, there’s far lower hanging fruit for you to explore and that’s the topic of today’s new podcast episode.
Today we turn the sourcing question upside down and ask this question instead:
“Now that I know my cost of acquiring this item, what price will I need to sell this item for on Amazon in order to make a profit?”
Next ask…
“Are there ASINs that make my profitable price a reasonable goal?”
Once you know how to look, the answer will be a resounding “YES” far more often that you might suspect!
Let’s talk about it on today’s episode.
Special guest at the conclusion of today’s show, Jeff Schick of JeffSchick.com answers the question: What should I look for on a retail store receipt as a reseller on Amazon?