Episode 245: Stocking Out is Good for Your Business
In this episode, Scott dives into the art of inventory management, drawing lessons from early encounters with hits like Elf on the Shelf, Halloween products, and Barbie dolls. He explores the fine line between stocking out and overstocking and discusses why stocking out can sometimes be good.
Plus, Scott tackles upcoming 2024 FBA fees and shares strategies for thriving in today's ever-evolving market. Tune in for expert tips on mastering inventory and maximizing profitability.
Episode Notes:
00:30 - Early Lessons from Amazon Selling
01:35 - The Elf on the Shelf
03:05 - Halloween
04:25 - Barbie Princess
06:20 - Why Stocking Out Can Be a Good Thing
07:05 - Stocking Out vs Overstocking
09:20 - Greed vs Caution
Related Post: How To Sell on Amazon Without Inventory
Plus, Scott tackles upcoming 2024 FBA fees and shares strategies for thriving in today's ever-evolving market. Tune in for expert tips on mastering inventory and maximizing profitability.
Episode Notes:
00:30 - Early Lessons from Amazon Selling
01:35 - The Elf on the Shelf
03:05 - Halloween
04:25 - Barbie Princess
06:20 - Why Stocking Out Can Be a Good Thing
07:05 - Stocking Out vs Overstocking
09:20 - Greed vs Caution
Related Post: How To Sell on Amazon Without Inventory
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