Online Arbitrage Amazon Q4 Q&A!
Now that we're entering Q4 of 2018, it's time for Amazon Q4 Q&A. Basically, we're answering Online Arbitrage related questions coming from people who want to start or just starting their business, and some who are already experienced sellers.
How do you plan for your Q4? Go over through these questions and answers so that you can get an idea on how you can end Q4 with a bang! You can also take a look at our Online Arbitrage Amazon Q1 Q&A! for some other questions that rose up from the first quarter of the year.
A massive thank you to every one who has sent their questions and I really hope I helped you plan how your Amazon Q4 ends!
#1: What are the biggest tips for first ever Q4?
First of all, Q4 is super, super exciting! If you're in Online Arbitrage, and this is your first ever Q4, this is gonna be super exciting! This is my fourth Q4. I've learned a little bit over the last few years and I want to give you the best advice that I've got.
LISTEN TO THE PODCAST BELOW:
#2: Is there any change for sourcing strategy for Q4?
Yes and No. What does this mean?
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My strategy all year round doesn't change in philosophy. However, you need to learn analyzing real time data so you can strategize for your business. By analyzing real time data for your seller central, or Keepa, or Camel camel camel, you would know if the demand has increased and when to replenish your stocks, etc.
#3: How to avoid Amazon suspension in Q4?
I had a suspension in September 2017, which was apparently prior to Q4. And it was a real like crap! Putting a lot of money in Amazon, you get suspended and don't reap the rewards.
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#4: Tactical Arbitrage or Sourcing Lists at the beginning?
Sourcing is the most important thing because that's where you're getting all your products. But the truth is, sourcing is very difficult.
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#5: How to be consistent with sourcing?
The most important thing with Online Arbitrage business is we have to be consistent with sourcing.
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My recommendation is to focus on the master levels of sourcing:
Check out our Online Arbitrage Services here.
#6: What are the best tools to use to speed up the sourcing process?
Doing manual sourcing is absolutely fine. Back in 2015, I did manual sourcing but I quickly went into the best tools such as chrome plugins to speed up the process.
LISTEN TO THE PODCAST BELOW:
- 1Keepa will allow you to analyze the listing via the listing
- 2Camel camel camel is a free Amazon price tracker
- 3Amazon DS Quick View allows you to see the sales rank
- 4Right click Search Amazon will search for products immediately
- 5FBA Multi-tool (Check out my review of this tool: The Biggest Online Arbitrage Mistake SOLVED? (Amazon FBA Mistakes to Avoid))
- 6Buy bot Pro
- 7My Master Spreadsheets
Use as much as possibly can to support your journey.
#7: Are you allowed to sell during the Christmas period?
If you are using FBA, then you're gonna be okay.
LISTEN TO THE PODCAST BELOW:
If you are not using FBA, please check it out if you are merchant fulfilled. Get going and get started!
#8: What is the pricing strategy for Q4?
PLEASE do not penny battle with each other! Do not under price each other.
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If we are sharing the buy box, we will all make sale. What I recommend you to do is set and forget your Repricer. Extract a report from Amazon, look at what's happening with your buy boxes. Get using Repricer Express (30 days FREE Coupon Code, simply user KEV30). Get using the automation that you need to help you be more aggressive.
#9: How to manage customer feedback in Q4?
Customer feedback impacts the health and security of your business.
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Make sure that everything is right. Make sure that the products are quality-controlled. You don't want to piss the customer off by shipping them something that they don't want. Be as proactive as possible. Get customer message templates set off so you can be as quickly as possible responding to them within 24 hours.
#10: How to Maximise Your Profit this Q4?
How I have developed my business is through virtual assistance, spreadsheets, management reports, sourcing lists. All these things are put in place through systematization of our business.
LISTEN TO THE PODCAST BELOW:
If you're interested in really taking your business to the next level, we've got resources for you. We've got online arbitrage services. We train virtual assistants. We have OA sourcing lists. We have management reports. We've got anything you can think of.
Also, check out our FREE online arbitrage mastery course and our FBA Prep Service UK.
Join the Online Arbitrage Mastery Facebook Group and get the conversation started.
I wish you all a very, very profitable and exciting Q4! Take massive action! Let's go!
If you have questions, please don’t hesitate to ask. And remember, you’ve got to take massive action. Cheers!
Do you relate to this? Let me know in the comments how you're doing and keep taking massive action!
Please check out my social media platforms and subscribe to keep in touch faster:
Thank you so much for your support. I really appreciate it!
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ABOUT KEV BLACKBURN
#1 Best Selling Author, Speaker & Business Systemisation Strategist
Kevin Blackburn is an entrepreneur, success coach and a leading business strategist in business automation and systemisation. Having built his business to over 7 figures in under 18 months, he now serves other business owners creating freedom in life and scale in business.
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- Online Arbitage
- Online Business
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- Personal Development
