Published by Victoria in Recommendations, Amazon, Inventory
To grow your Amazon business, you'll need to maximise your inventory turn, which starts with a sound inventory management strategy. You don't want to be in a situation where you have too much product or not enough — on one hand, your cash is tied up in stale inventory, while on the other, you risk an Amazon stockout.
The key is to have the right amount of product selling at the right price with an efficient system in place to resupply. So where to begin? Read on for 5 ways to move more inventory — and grow your business in the process.
1. Find the Right Product
Being able to move inventory starts with having a product that sells well. The last thing you want to do is invest in something that just sits on your shelves or in an FBA warehouse collecting dust.
So how do you know you ...