Tips For Making Money Selling Online

Using Keepa Charts For Seasonal FBA Amazon To Amazon Online OA Flips

In this post, I am going to show you how to use the Keepa charts to buy products that are out of season ( February) and being dumped at a loss buy other FBA sellers that you can make a big profit on as the season comes back in,

I learned to do this by taking Stephen Snotherman’s Keepa Camel course and this is a product I noticed was on clearance a Walmart at the end of the summer (probably when all these FBA sellers bought it)

The product can be found here https://www.amazon.com/dp/B01M1FQWPE.

I saw it on clearance for $3 at Walmart but as you will see, it doesn’t matter what the sellers bought it at ( “You never know other sellers COG”) but I can prove they are selling at a loss because I will show the Amazon fees.

And here is the fulfillment cost

So no matter what the sellers cost of goods were, they are selling for a minimum of a $.03 lost ( if they got it for free and not including inbound shipping)

In other words, this seller is clueless to what I am about to show you!

So as I write this, it is February and in most parts of the country there isn’t much demand for pool filters, so we need to look at the Keepa chart to see what these sell for in season.

Zooming into the summer months, we can see that the Buy Box price was $17 and the sales rank was 589, which is a crazy good sales rank.

Also notice that Amazon is not a seller of this product, which is even better!

So now we just need to run the fulfillment cost numbers

So at the $17 selling price we get a return of  $11.41. So we would take out the $4.01 which gives us a  $7.40 profit from a $4.01 item that sells sub 600 sales rank!

(At this writing, that seller has 162 units of these)

So based on the charts, there is a very high certainty that this will repeat itself ( everyone still need filters each year, it isn’t a fad).

So you can simply just buy out this seller and the others around the price ( thank you Mr. Seller for finding all of these at WM for us….)

But I would take it a step farther.

I would pick through this sellers store (and all the sellers that are around this price) to see what else he is dumping. I can almost guarantee that he is worried about long term storage fees and doesn’t know that even with  paying them, he can make a killing if he just holds until this summer.

We also know that they “probably” sources at WM, so you could find leads there too.

In summary, if you understand that some products are seasonal and understand how simple it is to read the Keepa charts ( again I would recommmend check out the Keepa Camel course) , you can easily source from “not as smart ” FBA sellers.

 

 

 

How To Check Product Restriction And Hazmat Status When Doing OA For FBA

How many times have you sourced product via OA ( online arbitrage) for Amazon FBA and when you sent them in, you found out you were restricted or that they were hazmat?

If your answer is anything other than “never”, then you know the sting of eating the cost on those products.

In this post I am going to show how to do this manually and show you my simple work around to make it even easier.

The Hard Way

Most people are going to tell you to try to list it and see if you are allowed to sell it.

This in essence is the right answer, but it is a pain in the butt to do this if you have a lot of 1’s or 2’s of a products.

Since I do mostly RA ( retail arbitrage) I am using the Amazon seller app and it simply tells you (***most of the time) if a product is restricted or hazmat.

This works great if you have the product in hand like you do with RA but when you are doing OA, you don’t have a product to scan.

The process is simple.

You go to seller central and try to list the product.

Then this should pop up.

Now you would enter the UPC or asin ( or do a title search)

In this case, if I try to list Nike socks, it show that it is restricted for me

So pretty simple but time consuming. The AZ seller app would have just put a big red RESTRICTED across the screen.

So now I will tell what I know about determining if a product is Hazmat:

I don’t know! Truthful.

Either I see it with the AZ Seller app warning or when I try to ship it in and Amazon says I can’t.

Here is a Reddit about it

Yeah that sort of sucks.

The East Way

So here is the easy way. I actually built a Chrome extension for seeing if a product was restricted and after people started using it, they were like “Hey you can find out if a product is Hazmat with this”.

Simple dumb luck that I made it but if it works, let’s go with it.

So with this extension you highlight UPC codes and it turns them into barcodes. Then you can scan the bar code with the Amazon seller app which tells you if it is restricted and if it is hazmat.

The Chrome extension I am using is call UPC Detective and you can get it here:

https://gumroad.com/a/118043763

When you highlight a UPC, the barcode pops up and you can scan it with your AZ seller app

This works great if there is a UPC code on the page. Sometimes there isn’t a UPC code and you need to grab the ASIN and take it to a ASIN to UPC converter website

http://www.upcbarcodes.com/dashboard/asin-gtin-converter/

Then you would highlight the UPC code it spits out and then scan the barcode with the AZ seller app

In this case here is the scan from the AZ seller app and notice the hazmat warning on the right side

So there you have it. That is the easy way to check restricted and hazmat product on Amazon FBA when you are doing online arbitrage.