Tactical Arbitrage – A Wicked Awesome How To Guide

You either already use Tactical Arbitrage or you are chomping at the bit to start using it.

Whatever camp you fall into, this Tactical Arbitrage user guide is going to be an all-encompassing resource to teach you how to use the software and harness it’s power. I’m including text, photos, and videos. This way we should cover just about any way someone likes to learn.

Before we get started, I’m no genius. So, if I forget something or do not make it clear enough, please tell me. I will not take it personally and I will improve the material. Now, let’s get going!

Tactical Arbitrage

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Amazon FBA Blog Roundup – 6 FBA Blogs You’ll Love

 

A new Amazon FBA blog seems to pop up almost daily.

The problem is, most of them suck.IMG 0571Not on purpose, I'm sure, but that doesn't stop the people from posting bad content.So, today I want to share my favorite Amazon FBA blogs. I will also include links to their best articles.

Amazon FBA Blogs I Read

Screen Shot 2017 03 11 at 4.20.07 PMFirst up is my favorite, Entreresource.com. Hard to spell but lots of great content.Nate McCallister is smart, quick with a Dad joke, and really passionate about helping people make money online.  Be that on Amazon or with online marketing.  This is definitely a blog you should bookmark.He is also a good friend of mine. Don't worry, if he ever writes trash, I'll tell him.Read his entire blog here:  Entreresource.comCheck out his best articles here:

 Screen Shot 2017 03 11 at 4.24.37 PMNext up is the fellas over at FBAMaster.com.This is a diverse group of guys who are smart, great Amazon sellers, and do a fantastic job of sharing what is working and what isn't.Plus, in my opinion, John (one of the contributors) is an excellent writer and proof that you don't have to be as pretty as me to be good at putting words together.Read their entire blog here:  FBAMaster.comCheck out their best articles here:

 Screen Shot 2017 03 11 at 4.32.40 PMStephen Smotherman and his wife Rebecca are a husband and wife duo who blog and write killer guides for Amazon sellers.Their post about understanding Keepa graphs is especially powerful. It is a must read for any seller who isn’t comfortable reading the data.Read their entire blog here:  FullTimeFBA.comCheck out their best articles here:

 Screen Shot 2017 03 11 at 5.30.32 PMOk, don’t shoot me but this site isn’t a traditional Amazon FBA blog.  Stephen Peterson runs the incredibly successful podcast eCommerce Momentum.I include his site because the information in the podcasts is really awesome.Stephen has a way to really bring a sellers story out and at the same time make sure the audience is able to take away some valuable, actionable tips.Listen to his episodes here:  eCommereceMomentum.comIf you would like a really special episode you can check this one out.  Hint:  It’s me! Screen Shot 2017 03 12 at 10.19.24 PMI know.  This, technically, isn’t a blog either.This is my post, so I will do what I want!  :)The Fulfillment By Amazon subreddit is chock full of great information.  I could spend hours in here reading, gathering insights, and sharing opinions.It isn’t always a happy place to go.  When people are able to be ANON you usually get some trolls and/or people who just like to piss and moan.  However, you will find some gems of information mixed throughout the forum.Read the SubReddit here:  Fulfillment By AmazonScreen Shot 2017 03 12 at 10.24.32 PMLast, but certainly not least is Dan & Eric over at The Wholesale Formula.These guys have an incredible story and they are kicking ass and taking names on Amazon.giphyI particularly found a lot of useful information in their post revealing their product selection formula.  It is actionable advice from guys who have grown a business from the ground up and done all the hard work.Read their entire blog here:  The Wholesale FormulaCheck out their best articles here:

Now it is your turn.I know there have to be some other great blogs out there.  It would be impossible for me to read all of them.Share the love and post a link to your favorite Amazon FBA blog in the comments.  Heck, post a link to your own blog!

3 Tips to Help Your Amazon Business on Green Monday

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Green Monday is right around the corner, literally.

How can you take advantage of Green Monday to take your Amazon business up a notch?  Good question, thanks for asking.

Here are some tips on how to take advantage of Green Monday for yourself and your business.

Pricing

Have you been pricing inventory high waiting for the competition to go out of stock?

It may be a good time to evaluate inventory levels and prices of your competition.  Green Monday can be a great day of moving your inventory if you choose to do so.

It isn’t completely necessary if you want to hold out just a bit longer.  There are still plenty of shopping days left before Christmas.  If your plan is to hold out for the highest prices of the season and wait for the last minute shoppers this would also be a good time to ensure your prices are not too low.

It can be a difficult balance but it is worth taking a little time to be sure your inventory is priced the way you want it to be.

Buying Inventory

Black Friday and Cyber Monday were killer days for purchasing inventory.  I know because not only did I buy some but I also made some massive shopping lists for people.  Hundreds of items were profitable to be flipped on Amazon.

There are reports that Green Monday is going to be very similar to Black Friday this year.

Online retailers want to be sure to compete against Amazon’s all year round low prices and move as much inventory of theirs as possible before the end of the year.

Green Monday would be a good day to be in front of a screen doing some online arbitrage.  You can even spend today looking through some Green Monday ads here.

If you need any help on becoming a ninja at online arbitrage please check out my in-depth tutorial about Tactical Arbitrage.

Check out OA Feed

This tip will be a bit self-serving, so forgive me.  However, I think it can be incredibly helpful.

If you keep an eye on the deals we post at OAFeed.com not only can you find some good products to flip on Amazon but you should be able to start down some rabbit trails.

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For example, if we post a Nerf gun that is profitable it would behoove you to start going down the trail of ancillary products.  Maybe Nerf darts are profitable, perhaps an off brand of dart shooting gun is good.

What other types of items would someone purchasing a toy gun buy?  Maybe an action figure, toy cars, or hot wheel tracks?

It’s a great service (in my humble opinion) that we offer a couple of free online arbitrage leads during the weekdays.  But where the real money is is those rabbit trails.  Looking for the “shoppers also viewed” areas on the website you are scouring can uncover some extremely profitable finds.

What are some tips you have for fellow Amazon sellers to take advantage of on Green Monday?

Leave a comment below, seriously, it’s like catnip for a blogger!

How to be Amazing at Amazon to Amazon Arbitrage

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Amazon to Amazon arbitrage or Amazon flips (the current parlance for the Amazon crowd) can be a great way to make a profit selling on Amazon.

Basically, you find a product on Amazon that is priced lower than usual, buy it, then ship it back to Amazon via your FBA account and wait for the price to come back up.  Prices often bounce back quickly.  Especially if the demand is high or stock is low.  These are great opportunities to make a profit.

Let's dig in!

What Causes Prices to Dip

That is a great question.  I appreciate you asking.

There may be a flash sale.  Amazon’s algorithm may have had a hiccup.  A third party seller may not know what they are doing.  Maybe a repricer has gone haywire (I know this has happened very recently, but that is all I can say).

It doesn’t really matter what causes the price of a product to drop precipitously.  It just matters that you are able to be there when it happens.

How Can I Be There

Well, there are several ways.  Fortunately, they aren’t particularly hard either.  However, they may take some learning.

The first place to be is Keepa.  Click on the deals button in the top left corner.  It will show you all the price drops and update them every time you hit refresh.

Keepa Daily Drops

Over on the left side of the screen you can even use the filters to only show certain price drops by percentage, you can filter for seller, how old the price drop is, the price range of the item, and also sales rank.

Once you have all that set it is easy to sort them by newest and refresh for new price drops to show at the top.

A quick glance at the chart and a little math or a quick check with the Amazon Calculator Widget and you will know if the item is profitable for a flip.

Pro tip:  Follow the keepa notifier on twitter.  You can easily see what price alerts people have set up and possibly take advantage of them for yourself.

Use Software to Make Things Easier

Tactical Arbitrage has a built in Amazon to Amazon arbitrage feature.  It will search products on Amazon based on your criteria and will pull back items that are ripe for flipping.

If you want to learn more about the Amazon Flips feature inside of tactical Arbitrage you can check out my How To Guide.

Tactical Arbitrage Product Search

As you can see the Amazon Flips feature has a ton of filters for you to choose as you please.  You are also able to search bulk categories, bulk product codes (ASIN’s or UPC’s), as well as Best Seller categories if you have StoreFront Stalker Pro.

Once you have found some winners it is time to buy or set an alert for when the price dips back down to where you want.  You can do this easily with the keepa extension.  You can be notified via email, twitter, or even facebook.

Remember, look in many categories for flips.  Lots of people really like to focus on a particular category or two for amazon flips.  You shouldn’t.  You can find profitable items to resell in just about every category.

This feature pays easily pays for the $99 monthly subscription all by itself.  Plus you get product searches, reverse searches, and The Library search features and you can run all of them simultaneously.

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This Seems Hard (It's Not)

The vernacular of Amazon to Amazon arbitrage, reading charts, using software all seem hard.  But it really becomes second nature with a bit of practice.  Before you even make a purchase you can do mock trials with alerts and manual tracking to see if you would make a profit on a flip.  Once you feel a bit more comfortable it is time to practice with a little money.  I believe you always learn the best when you actually have some stakes in the game.

If you spend just a few hours and a few dollars on learning the process through trial and error (never go deep, always go wide on flips) you will be a master in no time.  I promise.

So, what tips and tricks do you have for Amazon to Amazon arbitrage?  Please share them in the comments below.

Chris