In this video, Jimmy goes through a valuable lesson that can be used from one of the largest retailers in the world…Target! They are currently liquidating their excess and old inventory to free up capital and space for newer, more profitable and in-demand products. Jimmy also goes through his Standard Operating Procedure for how he handles excess and old Amazon FBA inventory in his $1,000,000+ per year business.

Here is Jimmy’s process outlined in the video:

Check Inventory Age Report
1. Log in to Seller Central
2. Go to Inventory - Inventory Planning
3. Click on Manage Inventory Health (Excess and Aged Inventory)
4. Click on the Inventory Age Column to Sort by Oldest to Newest
5. Some items will be sporadic and not in order, but it still helps to group most together

Inventory Over 30 Days (0-60)
1. Any inventory between 0-60 days that has an “estimated excess units” number will be something that needs to be re-analyzed by looking at the Keepa chart and profitability metrics
2. If necessary, lower the price to a point where the item used to sell well per the Keepa chart if it’s still profitable
3. Otherwise, leave it until it gets over 60 days old

Inventory Over 60 Days
1. Anything over 60 days old should be the most concerning
2. Reevaluate the listing to see what may have changed
3. If you can lower the price to a profitable amount to sell quickly, do this first
4. If you can’t, look for other listings you can sell it on profitably keeping in mind the fees for recalling products
5. If you can’t find any other listings, then if you can lower the price to the buy box to at most losing 10% ROI then do that
6. If the price would be at a point lower than a loss of 10% ROI, then recall or liquidate depending on the product

Let me know your questions and thoughts in the comments!

Links Mentioned:

Advanced Replens Mastermind (Sellers Doing Over $10k/Month):
[ Ссылка ]

CNBC Article:
[ Ссылка ]?

Free Amazon Facebook Group:
[ Ссылка ]

500+ Success Stories:
[ Ссылка ]

Amazon Coaching (affiliate):
[ Ссылка ]

Side Hustle to Full Time Income Book:
[ Ссылка ]

Jimmy’s Amazon Selling Course:
[ Ссылка ]

Make sure to visit his website, askjimmysmith.com, to sign up for his newsletter so you can stay up-to-date on all Amazon Replens Arbitrage related news and tips!

Additionally, head over to Amazon at this link ([ Ссылка ]) to check out his best-selling book, Side Hustle to Full Time Income, so you can learn to add replens to your Retail Arbitrage and Online Arbitrage business!

Disclaimer:
While all of these success stories/testimonials are from real people and we get more each and every day, please understand however that the results posted are not typical. I'm not implying you’ll duplicate them or that you’ll get any results at all! Your results will vary greatly and will depend on many factors including your experience, work ethic and other factors as well. The fact is, the average person who buys any business course or training gets little to no results. The results I share here and in other places are for reference only. Business always involves risk and your best chance of success is to take consistent, intentional action. We can equip and inspire you, but no one, including me can guarantee your results!

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