How to Research Products to Sell On Amazon with Retail Arbitrage in 2024

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  • Опубліковано 14 чер 2024
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    0:00 How to Research Products to Sell On Amazon with Retail Arbitrage in 2024
    1:06 How to Sell on Amazon
    2:11 Amazon Scanning Apps for Retail Arbitrage
    4:32 Why you need a paid Keepa subscription
    5:04 Scanning & Analyzing Profitable Products
    5:45 New Seller Mistake: Not looking at the Rank
    10:12 Ranks for Seasonal Items
    14:17 Stock Availability & Price Tanking
    16:17 Products with Variations
    23:38 Understanding your comfortable ranks
    24:39 Retail Arbitrage Leads
    25:21 Looking for Bundle Listings
    30:02 Teaching Amazon.com for Listings
    31:26 Products with New Packaging and Bundles
    36:14 Main takeaways

КОМЕНТАРІ • 38

  • @travisl1867
    @travisl1867 4 місяці тому +5

    Since I signed up for your seller guide program and got rolling in July last year, I've reached about 45k in sales (part time, less than 50 hours of work a month between sourcing, accounting, and logistics). I dont run into the Walmart clearance issue you mention (I cycle about 12 different ones in my sourcing routes), as much as I do at Ollie's so I've been staying away from there lately. I use Keepa CONSTANTLY to gauge stuff I can sell at even the higher ranks. Out of 600 products I've only had about a dozen bad buys I had to break even or take a loss on following your advice and some developed instinct of my own over time.
    Toys and health & beauty are definetly my comfort sections. I still havent been able to break into selling more grocery or clothing/shoes but Im working on it!
    Thanks Nikki!

    • @NikkiKirk
      @NikkiKirk  4 місяці тому

      Thanks Travis! Grocery can be great if you find them at off price retailers, regular store flips are a lot harder and generally take bundles to make money

  • @user-ek2cj4fe3b
    @user-ek2cj4fe3b 4 місяці тому +2

    You will get 100,000 subs cause you are currently the top one giving great info. Knew all you said in this video from all the past ones but as always watched for those nuggets of info. Thanks

  • @TerriDearborn
    @TerriDearborn 4 місяці тому +1

    Always learning something new! Thanks for everything

    • @NikkiKirk
      @NikkiKirk  4 місяці тому

      Nice! You’re welcome Terri!

  • @mabelrobert2832
    @mabelrobert2832 4 місяці тому +1

    I just want to say Thank you!

    • @NikkiKirk
      @NikkiKirk  4 місяці тому

      ☺️ Thank YOU! 🖤

  • @lookingforwardto
    @lookingforwardto Місяць тому

    Informative video. "Solid favour"done!!

  • @BryanFBASeller
    @BryanFBASeller 4 місяці тому +1

    youre right ! 100,000 subs would be cool !

    • @NikkiKirk
      @NikkiKirk  4 місяці тому +1

      Right!? Thanks Bryan!

  • @rv5377
    @rv5377 4 місяці тому

    Thank you so much❤

  • @thiagomartins1127
    @thiagomartins1127 3 місяці тому +1

    very informative video. what happens when the inventory goes out of stock...do you delete or close it ?thanks

  • @MbalmR97TX
    @MbalmR97TX 3 місяці тому

    Those Insoles were great. I found a handful back in September bought them all except the small version. Don't remember the rank but I did sell them all by October (MF) had two returns and I took them back to WM. 👍👍💰💰

  • @user-nk5pp2uh7d
    @user-nk5pp2uh7d 3 місяці тому

    Hey Nikki! First off, appreciate all your super helpful videos..thanks for being such an inspiration to new sellers like myself!
    Had a question regarding fulfillment fees (I strictly do FBA ATM). I had a bigger product where I bought a few and sent them in without specifically looking at the fulfillment fees (the margin was big enough I didn't bother to look since i knew it was plenty profitable).
    However I just noticed now that I believe the "package dimensions & weight" are incorrect therefore the fulfillment by Amazon fees are absurd and hyper inflated (no joke they're like $180 according to the app). I guess my question is do you know if those auto adjust correctly once Amazon actually packs and ships the product after a sale or should I consider pulling my inventory? (It's saying the package dimensions are 60inches long when it's very obviously not, the product inside when assembled.i believe is however).
    I can't adjust the listing so not entirely sure if the best path is pulling my inventory...thanks for any insight!

  • @mati7584
    @mati7584 3 місяці тому

    Hi Nikki i enjoy ypur videos. What kind of carrier do use to send product ups charges are high for my products and amz fees are high please talk about that. Also what virtual adress can you recommend. Ty

  • @linerutaquiowillmore4542
    @linerutaquiowillmore4542 3 місяці тому

    Hi nikki i have a question for you . If you lived in RV and you go place to place how you handle your LLC do you have only one LLC ?

  • @rajshrestha2066
    @rajshrestha2066 2 місяці тому

    Can we sell aveeno lotion without LLC. I mean my question is do we need company to sell branded product?

  • @priyankap7183
    @priyankap7183 Місяць тому

    Hello Amazon has seller policy for already listed item and it says it should have Atleast 10 items so if we buy a product from Costco we need to buy 10 products but on those receipts it does not says name of buyer so how can be that done?

  • @CraigArndt
    @CraigArndt 4 місяці тому +1

    Hey Nikki, I recently switched to an iphone 15 Pro and the scanning is so bad, nothing like my previous iphone 12. Have to hold the phone so far away from the bar code to get it to read and usually get the wrong thing. Apparently it's a thing with the 15 Pro. Not sure if you have issues? Anyway, great video as always.

    • @NikkiKirk
      @NikkiKirk  4 місяці тому +1

      Hey Craig! Yea it’s been bad from the 14 on, it’s something with the 3 cameras. I still have a 13 and haven’t upgraded because of this

  • @akahee22
    @akahee22 4 місяці тому +1

    🔥

  • @friendsandfurs
    @friendsandfurs 3 місяці тому

    Hello I appreciate you for sharing this video… is your training 1on1?

  • @shopwithjen
    @shopwithjen 3 місяці тому +2

    I signed up for your newsletter and did not instantly get the rank cheat sheet guide?????

    • @NikkiKirk
      @NikkiKirk  3 місяці тому +1

      Did you confirm your email? If so and still didn’t get it (it comes as an email in short time after that) please email help@yoursellingguide.com and we can send it over. Also check your spam or junk to promo folder for gmail, sometimes it gets filtered out

    • @shopwithjen
      @shopwithjen 3 місяці тому

      Yep i confirmed and never got it i checked spam too @@NikkiKirk

  • @MurzateAllah
    @MurzateAllah Місяць тому

    I want llc in usa as no foreigner but if you guide me how to achieve it free

  • @balamb25
    @balamb25 4 місяці тому

    oh wow, okay, can you speak more on the Amazon storage fees? I'm really wanting to get into selling but I'm gathering information before I dip my toe in. So they charge you if your items sit there too long? Can you recall items if you decide they just won't sell? Does that cost money to? @___@ so much to learn

    • @travisl1867
      @travisl1867 4 місяці тому

      It does cost something it's part of the "fees" the storage or warehouse cost are typically pennies per item per month, depends. Returning items cost from $1 to $3. If you send items with the rank recommendations Nikki talks about here, you won't run into that very often

    • @balamb25
      @balamb25 4 місяці тому

      @@travisl1867 Thanks so much! That eases my mind. I'm glad I found this community of sellers. I'm learning a lot on these videos!

  • @TriniLisa
    @TriniLisa 3 місяці тому

    I’m new to Amazon fba. Every product I scan it says my account does not qualify when I apply. Do you know why it’s that? I have to red flags 🤦🏽‍♀️

    • @findthepurposeofmydestiny2884
      @findthepurposeofmydestiny2884 Місяць тому

      I'm a Amazon seller as well if you set up your Account individual it may be the case.or because the product you scanned is restricted by the brand owner

  • @dmac910
    @dmac910 4 місяці тому

    Please just be truthful. You want 100 subs to continue to grow your courses, BOLO groups, and facebook group to make more money. Don’t let this chick fool you.

    • @NikkiKirk
      @NikkiKirk  4 місяці тому +2

      Nope, my channel was doing fine at 10k subs, in fact business is down YOY from “selling courses”.
      I started UA-cam just to see where it would go, could I get monitized, could I get to 1000 subs then 10k, then 50k and now 100k. You’re new here, clearly. I did RV travel vlogs, cooking shows, and added Amazon to it to answer questions of what I did to make money on the road.
      I want the plaque and to say that I’ve done it. I make money selling on Amazon and publishing a magazine and basically being an entrepreneur, so I’m doing just fine even if my “courses” stop selling. ✌🏽

  • @pearlxiong8857
    @pearlxiong8857 4 місяці тому +1

    What is your facebook group? I cant find it

    • @NikkiKirk
      @NikkiKirk  4 місяці тому +1

      I have a few, the BOLO group you would sign up for and then get the link to join it. yoursellingguide.com/bolo-group/