Sell on Amazon – podcast Winter 2013

http://www.HonestOnlineSelling.com – Amazon selling expert answers your questions about selling on Amazon in this 1/18/13 podcast. Segments, time markers and links mentioned are below:

Introduction: 00:00:00 — 00:03:59

Sourcing Post-Christmas inventory: 00:04:05 — 00:06:30

Library book Sales — best sections: 00:06:33 — 00:08:45

Top Overstock/Wholesale Sources: — 00:08:49 — 00:15:35

Links mentioned:

http://bit.ly/skipwholesale
http://bit.ly/JordansRecommendedCloseouts
http://LiquidationInvestmentTraining.com

What criteria for sourcing books — 00:15:45 to 00:17:25

Does Jordan ‘buy & hold’ merchandise? — 00:17:30 to 00:21:05

Seasonal product focus? — 00:21:10 to 00:21:50

Minimize ‘restricted’ products while scouting: 00:22:25 to 00:24:35

Thrift stores’ inventory volume — can you estimate? 00:24:45 to 00:25:40

Toys’ appeal year round: 00:25:45 to 00:26:40

Selling High-impulse “Junk”: 00:26:45 to 00:27:15

Reselling Retail Store ‘Exclusives’: 00:27:15 to 00:28:45

Links mentioned:

http://Target.com

http://Walmart.com

http://Meijer.com

http://Tuesdaymorning.com


FBA vs. non-FBA prices; + Amazon ‘buy box’: 00:29:00 to 00:30:55

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FBA in the U.K.: 00:30:59 to 00:33:25

Links mentioned:
http://bit.ly/FBA-UK
http://Neatoscan.com (scanning service)
http://bit.ly/jordanrecommends (recommended scanning hardware)

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FBA in CANADA (barcodes): 00:33:27 to 00:34:25

Link mentioned:
http://barcodestalk.com

FBA in Canada (shipping to Amazon warehouse): 00:34:26 to 00:38:05

UPDATE on 1/21/13 – Melissa from Canada emailed me and said ” I am from Burlington, Ontario Canada. So I wanted to clarify about FBA in Canada…we finally have it here in Canada! I did my first shipment about 2 weeks ago! The warehouse is in Mississauga, Ontario (just outside of Toronto) and about 20 mins from my house. It has been nice to see my items up there as “Fulfilled by Amazon” and I am the only one using FBA!!!”

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TAXES (why get an accountant): 00:38:10 to 00:41:55

Links mentioned:
http://www.score.org
http://www.angieslist.com

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SALES TAX for Amazon Sellers (nexus tax, sales tax etc): 00:41:58 to

00:47:30

Links mentioned:

http://bit.ly/FreeSalesTaxInfo
http://bit.ly/SszqwG
http://bit.ly/OutrightFree : (get free trial of outright):
http://e-comsalestax.com

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Business Structure (Scorp vs. LLC): 00:47:35 to 00:49:55

Links mentioned:

http://www.ehow.com/how_4609403_sales-tax-id-number.html (getting a sales tax ID)

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Need Liability Insurance?: 00:49:56 to 00:51:34
Links mentioned:

http://Allstate.com

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How to grow multiple businesses including FBA: 00:51:35 to 00:57:13

Links mentioned:

http://evernote.com

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Health Insurance: 00:57:15 to 01:00:09

Links mentioned:
http://www.emblemhealth.com/ (NY STATE ONLY)
http://www.nysbg.com/portal (Insurance broker for NY STATE ONLY)

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How to package ‘collectible’ (used) board games: 01:00:13 to 01:02:05

Links mentioned:

http://lowes.com

http://homedepot.com

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Aged FBA inventory: 01:02:10 to 01:03:28

Link (not mentioned in podcast):
http://amzn.to/VbIaXD

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How to scale up business: 01:03:29 to 01:06:18

Links mentioned:
http://craigslist.org
http://bit.ly/bigtoys2012 (see free video on that page)
http://blesha.com

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Amazon Product images: 01:06:20 to 01:08:00

Link mentioned:
http://barcodestalk.com (get a UPC code to add a new product)
http://amzn.to/U7kHrR (create a new product in Amazon catalog)

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Amazon’s competing with me(!): 01:09:05 to 01:11:00

Link mentioned:
http://amzn.to/VbIaXD (create removal order for old inventory)

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Should I Buy and Hold Inventory? (Lego, Disney, Dept. 56 mentioned): 01:11:39 to 01:14:55

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Getting suspended from Amazon: 01:14:59 to 01:17:37

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Using Inkjet printer for labels: 01:17:38 to 01:18:33

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Estimating shipping cost per book when sending
to FBA: 01:18:35 to 01:19:15

Links mentioned:
http://bit.ly/WexXcO (Amazon calculator)

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Mismatch of book vs. Amazon listing:

01:19:16 to 01:19:55

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Where else to sell? 01:19:59 to 01:21:55

Links mentioned:
http://craigslist.org (recommended for large, bulky items that you can’t ship inexpensively)
http://www.etsy.com (recommended for handmade items/crafts etc.)
http://Sears.com (not recommended for most 3rd party sellers)
http://buy.com (not recommended for most 3rd party sellers)

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Amazon Fees: 01:22:59 to 01:26:00

Links mentioned:
http://bit.ly/WexXcO (Amazon calculator)