Chasing FBM Profits at Grocery Outlet
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Recently, I was on an FBA (Fulfillment By Amazon) chase! If you don’t know what that is, let me explain. It is when you have an FBA product that is flying off the shelf so you visit as many stores as possible to find more of this product.
Let me tell you, it is so exciting!
Although my chase is now over, I now have all my final numbers from the product which I will share below. When I was first hunting this product down, I was expecting to profit about $30 from each sale which I go over in my YouTube video. As you can see from my SellerBoard stats shared below, that didn’t work out exactly how I wanted it to.
I still made about $20 profit on each unit after a refund, and I wound up dropping my price to move these units once a new seller with over 1,000 units jumped on the listing at a lower price!
You gotta do what you gotta do!
At the end of the day I am still very happy with the results. I got a 28.27% Margin and a 61.69% ROI. Not to shabby for ONE FBM Product.
Having just a couple of FBM products in the mix can really help boost your sales and profits. If you want to learn more about FBM be sure to check out my FBM Bootcamp Available now!
What is FBM Bootcamp?
It’s an online course and ebook designed to walk you through FBM from start to finish including -
Sourcing Strategies
Shipping
Inventory Management
Customer Service
Account Health
Bonus Materials and MORE!
If you are ready to gain the confidence you need to succeed at Amazon FBM sign up for Bootcamp today!