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Videos uploaded by user “The Scanner Society”
CyberMonkeyDeals.com Tutorial - Sourcing Products to Sell on Amazon
 
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How to use CyberMonkeyDeals.com to source profitable products to sell on Amazon or eBay. This tutorial will show new subscribers how to use Cyber Monkey Deals to analyze and purchase inventory from over 20 different retail websites to sell on Amazon or eBay. Also includes a brief overview of how to use the Scanalyze tool for dynamic profit calculations & price and rank history on every product. With Cyber Monkey Deals you can do online arbitrage like a pro!
Views: 7433 The Scanner Society
How To Find A Wholesaler For Selling On Amazon
 
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A demonstration of 1 way to find profitable wholesalers for reselling on Amazon.
Views: 2757 The Scanner Society
How To Attend ASD (Or Any Trade Show) Without Leaving Your Home
 
02:48
Cordelia demonstrates how you can connect with the exhibitors at a trade show like ASD from your home computer.
Views: 1824 The Scanner Society
How To Analyze a Wholesale Spreadsheet Using Evaluate by Scanpower
 
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A demonstration of how to take a large spreadsheet from a wholesaler and narrow it down to the best purchases for resale.
Views: 2151 The Scanner Society
Jeff Cohen – Amazon Search Algorithm and Listing Optimization
 
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Jeff Cohen, CMO of Seller Labs shares some of the inner workings of the Amazon.com search algorithms and how you can optimize listings. He covers everything from keywords and images to reverse ASIN lookups and enhanced brand content. ---------------------------------------- https://www.scannersociety.com https://www.scannersociety.com/newsletter ----------------------------------------- Come join us and see how we can help you on your commerce journey in a "guru-free" environment. https://www.youtube.com/watch?v=vY-ANiRB5Ks --------------------------------------------
Views: 1820 The Scanner Society
How To Research Trade Shows Ahead Of Time
 
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Cordelia demonstrates how to do trade show research on the ASD Online website. Do your legwork in advance to maximize your time at the show.
Views: 193 The Scanner Society
How To Create Unique Promo Codes In Amazons Seller Central
 
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How to create unique discount codes as an amazon seller.
Views: 285 The Scanner Society
Merchant Words Demo
 
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Scanner Monkey is a hub for Amazon sellers. We are demo'ing how you can use MerchantWords.com to research bundles, sourcing and keywords. Scanner Monkey members receive 70% off off MerchantWords. Join today! www.ScannerMonkey.com.
Views: 3962 The Scanner Society
Quincy Lin - Sourcing Shoes Online to Sell on Amazon
 
01:59:42
Quincy Lin joins Jay Bayne to show how he uses GatedList.com to source shoes on multiple retail websites to resell for big profits on Amazon!
Views: 6488 The Scanner Society
Amazon Listings Demystified: Sell More Of Your Products Without Guessing!
 
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See how the class Amazon Listings Demystified teaches the exact technique needed to write a listing that register completely with amazon. Every word and phrase that you choose will index and then can be used for pay per click. The the guess work out of writing listings! https://www.ScannerSociety.com/Listings
Views: 438 The Scanner Society
Dollar Store Arbitrage With Abby Hunt
 
01:17:13
Abby tells us all about her dollar store tips that give her an extra 36K an year in income! Sourcing at the Dollar Store is great because with very little money invested you can really do well.
Views: 6056 The Scanner Society
John Groleau - Sourcing Profitable Inventory at Target and Marshalls
 
01:34:00
John Groleau discusses how he sources over $35,000 in clothing and shoes in 2 months at Marshalls and Target! We also examine his finances of doing RA and using a fulfillment center to process his finds. Plus, he launches his 2 new inventory sourcing guides: "T-Rex Takes Aim at Target" and "Coffee, Tea, or T-Rex". Each book contains sourcing strategies and BOLOs to help sellers locate profitable inventory to sell on Amazon.
Views: 5100 The Scanner Society
Sourcing Private Label Manufacturers In The USA
 
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Brad Degraw give us the scoop on HOW to find the manufacturers, WHAT to say, and MORE!
Views: 1765 The Scanner Society
Back To School With Sam Cohen
 
01:30:00
Tips and strategies for profiting from the back to school selling season.
Views: 1360 The Scanner Society
International Arbitrage - Buying in the US, Selling in the UK
 
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How to evaluate potential deals when buying product in this US and selling in the UK on Amazon. Works for retail and online arbitrage as well as wholesale.
Views: 856 The Scanner Society
Canadian Resident, Brian V, Talks About His Journey Selling FBA In the USA Full time
 
01:28:12
He supports his family and pas over 10x the shipping charge we do for FBA. Power Sourcer!
Views: 3967 The Scanner Society
Selling on Jet.com for Amazon Sellers
 
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Barbara Boschen, Scanner Monkey member and founder of CoMerchant.com joins us to share her own success selling on Jet and how others can too. When suspended from Amazon she decided to diversify her business. She did this in a number of ways and talks about that too.
Views: 8098 The Scanner Society
Selling Bundles On Amazon Professionally
 
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A BUNDLE, on Amazon, is a group of different products that go together to make a better single product. The goal of a good bundle is for each product to compliment the others and to make the customer’s life easier. A bundle can be utilitarian like a first aid kit or giftable like a special box filled with goodies. Rather than selling 4 different $4 items, the right bundle of those same 4 items will sell for $25. In this busy world, bundles are a way to make customer lives easier as well as build a strong business. Bundles can be sourced via arbitrage, wholesale, private label or a blend. Ideally, source bundles with products that come from a reliable, verifiable, and repeatable source. Here are some tips for each: Bundling with arbitrage, or buying products retail and then combining them, is a good place to start and is also profitable when bundles are made from: -Items that are available “in store only” -Store exclusives from several different chains -Short term, seasonal products -Items that are not available wholesale, combined with wholesaled or PL products Keep in mind that arbitrage products are not necessarily considered authentic by Amazon. Understand your risk. This can be a good short term strategy but focus on wholesale and PL for long term success. Bundles sourced from Wholesale items are a safe and scalable way to grow. When wholesaling for bundles keep these tips in mind: -Request permission from the supplier to sell their products in gift baskets or “sets” . Do not use the term bundles as this is mostly an Amazon term -Meet order minimums by choosing several different products from the same vendor and use them in different bundles Ask for an exclusive on the size, color or even a discontinued version of their product for you to sell -Get any promises of exclusivity or permission in writing or do not bank on them -Bundle together products from different suppliers and consider adding a private label item to keep other sellers off your listings Private label or manufactured product are also great for bundles. Here are some tips: -Make one component that can be used in a variety of bundles -Assure that your product adds value to the customer and is not simply there to keep others off your listing -Get bids from different suppliers and negotiate on minimum order quantity and speed of delivery, not just price Here are some winning strategies for all types of bundles: -Read and understand the Amazon bundling policy and rules as you are legally responsible for maintaining them. -Know your numbers. Make sure that the cost of purchase, packaging, selling, and assembly is low enough that your bundle is profitable -Remember that Amazon now charges higher fees based on weight, not just size - incorporate that into your budget -Create variations on the same listing with different sizes and varieties of basically the same bundle, then replenish the best selling versions -Include disposable items in a grocery bundle so that the whole thing is replenishable (for example, biodegradable hot cups with tea rather than a ceramic cup) -Learn how to write good listings and take good photos -Practice makes perfect. The more bundles you create the more you will learn and profit! ******************* Go to https://www.ScannerSociety.com/Classes For our see our Bundles and Amazon Listings courses. They are clear and actionable. Our students love them! ********** This a production of Scanner Society, the Chamber of E-Commerce. https://www.ScannerSociety.com/Join
Views: 253 The Scanner Society
Free Keyword Research For Amazon Listings
 
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How to use freely available tools, especially Amazon itself to do keyword research for listings that you are writing or modifying to increase sales. ---------------------------------------- https://www.scannersociety.com https://www.scannersociety.com/newsletter ----------------------------------------- Come join us and see how we can help you on your commerce journey in a "guru-free" environment. https://www.youtube.com/watch?v=vY-ANiRB5Ks --------------------------------------------
Views: 696 The Scanner Society
Selling Shoes on Amazon with Quincy Lin
 
01:39:30
Quincy Lin joins Jay Bayne to discuss tips and strategies to help you make big profits selling shoes on Amazon! Quincy Lin is the founder of GatedList.com - a sourcing list with high profit, low ranked shoes.
Views: 944 The Scanner Society
How To Find A Wholesaler By Category
 
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Using the America's Mart, Dallas Mart and ASD website, Cordelia demonstrates how to locate a wholesaler by category.
Views: 1180 The Scanner Society
Amazon Business For Third Party Sellers
 
01:10:28
Colin Puckett, Senior Marketing Manager for Amazon Business talks about how and why to sell on Amazon Business. This division of Amazon sold over 1 billion in the last 18 months, 50% of which came from third party sellers. See how you can join this powerful new Amazon division.
Views: 2419 The Scanner Society
How To Private Label Products On Amazon
 
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When selling products online many people start with branded products made by other companies. Whether you buy them at TJ Maxx and sell on Amazon or wholesale them. This is a terrific way to start and grow a steady revenue stream. At a certain point many sellers want to dive into launching their own products. Some people even start with this. The biggest caution I’ll make about private label is that just like with any other sourcing method, every product is not likely to be a hit. So instead of one big product launch, plan to launch five to ten products with the hope that 1 to 2 of them will be a home run. The most profitable companies in the world do not have a 100% success rate so it’s unlikely that you will. This leads my first tip. 1. Start Small. Small means both physically small to save on shipping and small cost so that there is room for product diversification. Smaller products can be bundled in a variety of ways to test success. Order 10 small products rather than 1 large one to start with. This leads to tip #2. 2. Bundles. Learn how to bundle. By bundling your own products either with each other or with wholesaled items, you can turn 1 SKU into many. Also consider selling your own product in varying quantities or multipacks. # 3 is to plan long term. Be ready for a long lead time until products are selling. Manufacturing usually takes at least 3 months and can be as much as a year between the initial planning phase and when product is for sale. Even with domestic manufacturing. Budget for this both with money and time. If you want to import a product to sell for Q4, the latest you can order it is May of that year. #4 is to start with a simple version of the product. It’s tempting to dive right into branding, customization and unique packaging. While these are all important components to develop over time, they can add a lot of time and expense at the beginning for a product which you’re not even sure you can sell. If you test 10 products that are relatively standard - limit customization to something simple like size or what it’s bundled with, then of those 10, if 2 sell well, you will know which ones to develop further. #5. Is Research. There are a many ways to research potential products. Arbitrage can be a terrific teacher of what is popular. Simply looking items up on Amazon, to see what similar products are selling, at what price point and how good the listings are can also be a great indicator of success. Social media is another good tool and finally software. Double check each type of research. So for example, if you think something is a good bet based on arbitrage, double check it with data. If data points to a great idea, check for competition on Amazon. #6 Avoid Risk. The closer a product comes to someone’s mouth or skin, the more risky it is. Products for kids under 3 and supplements are probably the riskiest. If you want to try those, budget lab testing, and good insurance into your business plan. #7 Scalability. Make sure each product can be scaled if it’s successful even if you start small. Can you brand it, put licensed brands on it, create color and size variations or sell it on different marketplaces? Having a plan to scale, will give you a path to follow for each product that succeeds. #8 Launch on a Budget. Plan to spend no more than 70% of the retail price on cost of goods, fees, marketing, and ppc combined. That leaves at least 30% to become profitable. If launch success requires lots of additional dollars beyond COGS, there is much greater risk with each product. #9 Buddy Up. Being part of small group or even just having one buddy who you can strategize with is golden. They can help with ideas, accountability and creativity. Make sure it’s someone who will tell you the truth. A larger community of sellers, such as Scanner Society, that is filled with people with different levels of experience is also great. Even one answer to a targeted question about sourcing, shipping or design can save thousands of dollars and hours later. There are so many ways to create private label products from importing by travel or online, to 3D printing, to promotional product companies, to domestic manufacture it is both empowering and overwhelming. Dive in, with room to learn and go for it! *************** Go to https://www.ScannerSociety.com to receive our free Ebook The Source with over 100 resources for private label and selling online. This a production of Scanner Society, the Chamber of E-Commerce.
E-Commerce News: Amazon LTSF update, PA Sales Tax, Walmart Meals and More!
 
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Amazon had some big announcements for sellers this week. There will be FBA Inventory Storage Fees increases and some Policy Changes. The stated goal is to encourage improved inventory management. These changes are not immediate. Some start in April and others in September. In April, Regular monthly inventory storage fees will be increased by $0.05 per cubic foot for standard-size and oversize items. In July storage for sellers with a low inventory performance index will be limited. So, if you don’t have a history of selling quickly, you will not be able to store as much in fulfillment centers. Finally in Sept, long-term storage fees for FBA, Multi Channel Fulfillment and the Small and Light program will be adjusted and the assessment dates will be changed from a semi-annual basis to a monthly basis. Now, with the stated goal of a 6 month window before long term fees are charged, but only assessing it twice a year, sellers could game the system by sending inventory in at any point after Feb 15th to get almost 12 months but have it only count as 6. Starting in Sept, it will be assessed every month on the 15th so sellers will simply have to only send in inventory that will sell in an actual 6 month period. Fees increase somewhat after 6 months and significantly after 12. This is all to encourage active management of inventory that’s been in Amazon fulfillment centers for six months or longer. For full details go to: amazon.com/fba-fee-changes The words taxes and good news are rarely used together but we are doing it! Now, in addition to paying the state tax directly in Washington, Amazon must pay direct in Pennsylvania effective on April 1st. This saves small businesses time and money and is great for third party sellers. Hopefully soon, they’ll do it in every state! The packaging guidelines for apparel, fabric, and textile products such as clothing and shoes have been updated. Some of the new requirements are that all products must be in a sealed poly bag, shrink wrap or box. Shoes must in their original, manufacturer-provided box. In Industry news… eBay announced their Spring Seller updates which pleased some and horrified others. They are also rolling out changes over the next few months. A few that tie in well with Amazon sellers are their added exposure for bundles and lots. They are encouraging sellers to use universal product identifiers such as a UPC code and shared listings. Links to external sites are being discouraged and there are fee updates as well. As Amazon become more challenging for smaller sellers, this is a great time to learn about or increase eBay sales. Walmart introduces new meal kits for customers. Developed at their Culinary and Innovation Center they are made and assembled fresh in-store daily. Options include pre-portioned cooking kits, kits to accompany the rotisserie chicken, along with options that can be heated up and on the table in less than 15 minutes. Some tasty sounding choices are:Steak Dijon, Thai Curry Chicken, and Chicken Enchiladas. They serve two people and range in price from $8 to $15. Buyers can order at lunch and pick up in time to bring home for dinner that night. Walmart is integrating trending food business ideas into their current infrastructure. They want buyers to come in store and they want to attract higher end shoppers. These new meal kits will do both. It’s interesting that they are offering three options. The pre-portioned cooking kits are an ingredient based solution similar to Hello Fresh. Bloggers and pinners have been posting for years about how it’s cheaper and easier to buy a rotisserie chicken than a raw chicken and then do something creative with it. Walmart is using that idea in the second of their meal prep option. And finally, stores like Whole Foods and Costco have been offering heat and eat dinner options. Walmart is diving in with all three in a dinner blitz. Walmart is expanding their private label clothing to compete with Amazon and Target. Historically, their brand White Stag has been lower end and not attractive to brand conscious buyers. They are adding 4 new luxurious lines. Time & Tru for women size Small through 2x, Terra & Sky, a high end plus size women’s line, Wonder Nation, comfortable and durable clothes for kids and George, for men. They are using the scale, buying power and logistics that they’ve built with lower end lines and diving deeper into higher end clothing.
Views: 1373 The Scanner Society
Robyn Johnson - $100 to $1 Mill in Sales in a Year!
 
01:15:31
Robyn Johnson started her online sales business with only $100 and grew it to $1 million in sales! She talks about how to quickly diversify and scale your business to achieve similar results.
Views: 736 The Scanner Society
Using Logoed Products For Branded Packaging and Bundle Components
 
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Some ideas for using logo merchandise for branded packing for brand registry on Amazon and also for creating bundle components that are hard to duplicate and provide a ton of value for the customer. For Amazon FBA sellers and bundlers.
Views: 157 The Scanner Society
How To Keep Your Amazon Sellers Account Safe With Cynthia Stine
 
01:23:43
Cordelia Blake and Cynthia Stine discuss the ins and outs of managing your account to avoid suspension and give tips on what to do if you get a policy violation warning.
Views: 4850 The Scanner Society
Maximize Trade Shows with Brand Registry and Keywords – Atlanta 2018 - Inside The Scanner Studio
 
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Join us for this powerful day of in depth interviews and workshops with two premier e-commerce leaders, Cynthia Stine of EGrowth Partners and George Lawrence of Merchant Words. Go in depth on how to use the new Amazon Brand Registry to work with wholesalers and brand owners and sell their products on Amazon. See how mastering keywords can make you a better sourcer and attract international buyers. ★Learn more at: https://www.ScannerSociety.com/Atlanta
Shopify and Kroger Apps, Private Label Marketing, Self Publishing Matures, Starbucks and Alibaba
 
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Shopify is continuing to grow not just as an e-commerce website platform, but also as a hq style hub for a business selling online. Their new app, PING, is a one-stop messaging solution. So if a customer emails in Amazon, eBay or sends a Facebook Message, those will all go to the PING app for the store owner to respond rather than having to check each platform for customer requests. This makes it easier to focus on overall business operations and deepening customer relationships. Kroger also has a new app, OPTUP. They say it makes “better for you” shopping simple. It integrates with buying records so that users can see how healthy their shopping habits are and and it will suggest small changes to improve a health score. People love digitally tracking their progress as the explosion of fitbits and other fitness watches has proven. So now Kroger is hoping their app will become your shopping “fit bit” with a combination of data and information to both help families be healthier but also make them more likely to shop at Kroger. Kroger is also launching a new program called, SHIP. It’s in 4 cities now but they plan to expand quickly. Customers can shop from a selection of Kroger branded products, which are not available anywhere else online, as well as additional products. These will ship for free with a $35 order or for $4.99 if it’s less. Their Simple Truth line, clothing line and other store brand products are very popular. Between this and Click List they will continue to be one of the top US retailers and grow. They have a huge advantage because they already have a lot private label and data on what’s popular that they can leverage. For private labelers, an opportunity might be to see which of their products that are popular but aren’t widely available, can be manufactured and brought to Amazon and other marketplaces. Private label or small business manufacturing is continuing to make inroads into previously inaccessible areas. Marketing top shopping lists used to be the domain of big brands. This list of alternatives to the pricey and popular Yeti Coolers, on the Retail me Not blog, includes 1 poorly named and obviously imported copy cat, the F40C4TMP. To me, this gives us all hope. If they can achieve those sales numbers and that notoriety, so can we. There is more good news for independent creators. The popular Romance Writers of America or RITA awards for the 2018 Best Romance Books had almost as many self published authors as by those from big publishing houses. 5 of the 13 winners are SELF PUBLISHED and they beat out or kept pace with those from publishers like Harlequin and Harper Collins. Authors and other creators have the ability to directly reach their customers without a middle man. These authors used Kindle Direct and Createspace publishing to sell their books. The only up front costs are in sales and marketing, all fulfillment is print and delivery on demand. While this does not mean everyone who writes their great American novel will be a bestseller, it does empower anyone to give it a try and work at it. Today’s final story is about a partnership in China that could have global ramifications. Starbucks and Alibaba have joined forces to allow Chinese customers to buy everything from freshly made lattes to their pre packaged products, seamlessly online. Join our group of e-commerce sellers, Scanner Society. Our community is a place to connect with with and learn from a community of small business owners on the move. We offer training, an amazing online community and events all over the US. *********** JOIN: https://www.ScannerSociety.com/JOIN UPDATES: https://www.ScannerSociety.com/ECOMMENT ****************
Views: 155 The Scanner Society
Jungle Scout Amazon Product Research App - Scanner Monkey Intro
 
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Greg Mercer shows the Scanner Monkey tribe how to use the Jungle Scout Chrome app to make Amazon product research easy! This tutorial will show you how to use this Chrome extension to research wholesalers and private label opportunities on Amazon.
Views: 8514 The Scanner Society
Q4 And eBay with Jay and Nay
 
01:32:00
Jason T Smith and Nadene Shearstone of "Thrifty Business With Jay and Nay" join us to teach eBay basics and how to gear up for Q4.
Views: 744 The Scanner Society
How To Make A Bundle Selling Bundles On Amazon: Udemy Course Introduction
 
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See THREE Amazon bundling strategies you can use TODAY. Selling bundles on Amazon is a great way to increase ASP (average sales price), scale a business, own your listings, and build a brand. Sourcing via wholesale, private label, and arbitrage are are all covered in this comprehensive class. There are 6 specific techniques that can lead to hundreds of bundles as well as details on how to apply different sourcing methods. A 40 page ebook, brainstorming worksheet, bundle planning spread sheet and a marketing strategy sheet all come with the course. Updated with Brand Registry and UPC info for 2018!. Want the FULL COURSE? Sign Up Today! https://www.udemy.com/make-a-bundle-selling-amazon-bundles/?couponCode=YTBUNDLEFRIEND
Views: 217 The Scanner Society
$15 Min Wage, Eloquii, and Toys R Us & More E-Commerce News
 
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Amazon is increasing the minimum wage $15 an hour for all full-time, part-time, and temporary employees across the U.S, effective November 1. They are also lobbying in DC to increase the minimum wage to this rate at the federal level. Walmart made another bold branding move and acquired plus size clothing brand, Eloquii. Kroger and Walgreens today announced that they are collaborating on an exploratory pilot in 13 Walgreens stores. With just over 2000 locations nationwide, Kroger will benefit from the added footprint that they’ll get from Walgreens 8000 plus locations. Amazon opened a new store, called the 4 Star store in New York that stocks only high rated products fro. Could Toys R Us come back? Their most valuable asset in the end was their intellectual property. Harley Davidson has been a brand that was traditionally only available on their own website and in showrooms. They reached an agreement with Amazon to introduce select Harley-Davidson apparel and riding gear in their own branded storefront. NAFTA has been renegotiated and now called the USMCA. It could have a positive impact on US based sellers as it will be easier to ship and sell individual purchases into Canada and Mexico. Any order that is less than $40 will ship to Canada with no duties or taxes. Goods up to $150 will be duty free but not tax free. The Mexican threshold is $117. Merchant Fulfilling to Canada from the US, just got a big boost. Oct 5th is National Manufacturing Day in the US. It is a celebration of modern manufacturing. There are over 2500 related events nationwide from trainings, to trade shows, to meetups. Selling one’s own brand in a retail space has been difficult as a whole store’s rent can be too much but grabbing shelf space in a popular retailer is very difficult. Entrepreneur, Selene Cruz, is hoping to change this with her startup, Re:Store. It’s a co-working style store where for a small monthly fee a brand owner can sell in the shop. Amazon has started promoting it’s own brands IN LISTING for competitors. At the bottom of the listing it says, "Similar item from Our Brands" and then shows, for example, an Amazon Mama Bear diaper in a Huggies listing. Not surprisingly, brands are not happy about this. This new feature was NOT formally announced and has not been commented on by Amazon.
From Arbitrage To Sourcing Direct From The Canton Fair In China
 
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You may be wondering, I’ve only ever sourced products to sell from arbitrage, is going to The Canton Fair in china a good next step? Absolutely. Being good at arbitrage means that you have your thumb on the pulse of what customers want. Sourcing direct can give you access to the exact products you are already sourcing and also to ones that are even better. Using your experience, you’ll be able to source products for less than the best clearance prices and you’ll already know all about customer wants and price points. For example, Milas, our trip director, found the factory that produced one of his best selling products from TJ Maxx. He was able to order a nicer version of it for less than he originally paid at TJ Maxx. He is the only seller on this new listing and it’s become one of several replenishable products from this same factory. Consider our 8 month long program on importing from China which includes a trip to The Canton Fair in April. It’s a great next step for an experienced arbitrager. Sign up for more information. *********************** https://www.ScannerSociety.com/China ********************
Views: 440 The Scanner Society
Chris Green - From Arbitrage To Merch. Master of Amazon!
 
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Chris Green has been working in e-commerce for over 10 years. He was originally a seller and then founded the company Scanpower to help other online sellers work more efficiently and profitably. He authored several key books, including Retail Arbitrage in 2011 and Online Arbitrage in 2014. He has spoken at many conferences and events as well as online. He is an advocate for others to find their own success. He has become an influencer and eductor in the field of print on demand with his software, training and books on Merch by Amazon. He lives in Massachusetts with his wife and 2 children. You can find him online in his Merch or Scanpower Facebook groups. https://www.facebook.com/groups/MerchLife/ https://www.facebook.com/groups/scanpower/ Chris Green has been working in e-commerce for over 10 years. He was originally a seller and then founded the company Scanpower to help other online sellers work more efficiently and profitably. He authored several key books, including Retail Arbitrage in 2011 and Online Arbitrage in 2014. He has spoken at many conferences and events as well as online. He is an advocate for others to find their own success. He has become an influencer and eductor in the field of print on demand with his software, training and books on Merch by Amazon. He lives in Massachusetts with his wife and 2 children. You can find him online in Scanner Society and in his Merch or Scanpower Facebook groups. https://www.facebook.com/groups/MerchLife/ https://www.facebook.com/groups/scanpower/
Views: 424 The Scanner Society
Cyber Monkey Deals - Online Sourcing for Amazon Sellers
 
01:39:30
Jay Bayne and Trent Nguyen introduce CyberMonkeyDeals.com, a FULLY AUTOMATED ONLINE SOURCING SERVICE for Amazon sellers! Jay instructs members on how to use this new service to shop 11 online stores to resell product on Amazon. Stores include: Target, Walmart, Toys R Us, Walgreens, Think Geek, Disney Store, Kohls, Rite-Aid, Boscovs, Mattel, and Hot Topic.
Views: 5638 The Scanner Society
E-Commerce News: Walmart & Handy, Amazon & DHL, Target 2 Day and more
 
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Today we look at who the top internet retailers are. By earnings in the last fiscal year, 2 of the top 10 are online flower e-tailers, 1-800-Flowers and FTD. QVC, HSN, QVC and Evine Live are TV retailers. We’ve seen a huge push by Amazon to dominate media, as they grow their original content and fanbase for PrimeTV. Are Amazon Shopping TV Amazon Flowers on the horizon? Walmart keeps climbing in it’s push to dominate the market both online and in store. They are partnering with Handy to provide in home product setup services. Will Amazon use it’s own Services section to provide install to customers? They are also deepening their partnership with with FedEx by bringing FedEx shops into 500 of its US stores. They will offer printing and delivery services as well as short term package storage so consumers can pick up there rather than having packages delivered directly. Walmart recently surveyed its customers and found that the services they wanted most, that weren't already in stores, were packaging and shipping. Walmart, Kroger and Target now all have easy pick up of groceries and in store items available in many locations bridging the online to store gap. Target acquired Shipt last year and now just announced free two-day delivery from Target.com on hundreds of thousands of items. They are also aggressively pursuing private label, something they are already very good at, and introducing more than a dozen new exclusive brands by the end of 2018. Walgreens took a surprisingly nimble jump into to contemporary marketing with a private label lesson for all of us. Team up with influencers! They recently joined with YouTube beauty enthusiast Judy Travis of “It’s Judy Time” and are releasing a line of cosmetic bags with her. This type of partnership is within the reach of many of us. Take your Amazon selling and product development experience and team up with an influencer! The Trump administration may impose tariffs worth as much as $60 billion on Chinese products as early as this week to punish Beijing for what their saying is intellectual property theft from American businesses. Whether that is the true motive is up in the air. The exact size and makeup of the sanctions could still change. A trade war with China will impact the many small business private labelers who cannot afford to weather short term supply price increases. Many bipartisan trade organizations oppose tariffs. More domestic revenue is lost in jobs that use and sell those products than those that make them and they feel that a trade war will only hurt consumers and not China or meaningfully change IP theft practices. If you import or are planning to, pay extra attention to this developing story. Even before online retailing behemoth Amazon builds its first Prime Air shipping hub at the Cincinnati Airport, it will begin an unprecedented collaboration with its future across-the-street neighbor, DHL. It is a major strategic partnership between two of the world’s largest logistics operations. Beginning in May, DHL will continue to run its Americas Hub at CVG at night while Amazon uses the facility and equipment during the day. This shows how Amazon is not only diversifying logistics with their own brand but partnering with DHL rather than putting all their eggs in the UPS basket. More competition means lower prices for merchants and consumers as the big guys battle this out. UPS diversifies and tries to serve merchants who sell cross platform with their launch of Marketplace Shipping to merchants. All orders can be consolidated, viewed and shipped from one place inside the UPS platform. The death of toys mega giant Toys R Us has shocked many consumers. Was it Amazon or it’s own debt that killed it? In Amazon News... A Save The Date announcement went out about the second annual BOOST conference hosted by Amazon. There will be an evening reception on Jun 19th and a day long conference on the 20th in New Orleans. Stay tuned for registration details. Amazon hosted an invitation-only event on machine learning, automation, robotics and space exploration. While we were not invited we did enjoy this picture of Jeff Bezos walking his robot dog. As Amazon grows it’s clear that space and robotics are where Bezos sees the future headed. Amazon continues to offer sellers a discount on selling new Grocery & Gourmet products. As the grocery marketplace heats up, Amazon wants to reward us for bringing new brands and ideas to their marketplace. Watch out though, as our popular vendors will be snapped up by Amazon if we don’t have rock solid agreements in place.
Views: 362 The Scanner Society
Jaya Patel - Cookin' Profits - Liquidation and Arbitrage To Private Label Success!
 
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Jaya Patel is an Atlanta based entrepreneur. She started selling on Amazon and eBay and sourced via arbitrage. She even bought inventory from the Atlanta Mail Recovery Center. After growing to the point of needing a warehouse and a full time employee, she decided to conquer wholesale. She dove in and while she learned and grew successfully, she felt that the best way to control supply was to learn private label. She now has over 10 SKUs that are selling well and plans for more. Join us to learn from her inspiring seller success story. -------------------------------------------------- Come Join Us: https://www.scannersociety.com Free subscription to our knowledge list: https://www.scannersociety.com/newsletter-updates/ -----------------------------------------------------
Views: 265 The Scanner Society
Sam Cohen of  Amazon Consulting Experts - ACE- Reveals How To Scale An Online Business
 
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Sam Cohen runs his own 10 million dollar plus online sales company and is in the top 1% of Amazon sellers worldwide. Having had to learn everything the hard way himself, he decided to found a company to help other sellers go big on Amazon and thus he founded Amazon Consulting Experts in 2014. He reveals some of his secrets for scaling and success in our show. He tracks him time, learns how to do everything before outsourcing it and continues to improve his ability to work smart as well as hard. His team includes staff in the Philippines and the US. He triages projects and tasks to the best level to keep everyone operating at peak efficiency. Whether he was at the beginning of his online sales journey, selling DVDs on Amazon and eBay or now, Cohen has consistently grown by taking daring risks in combination with relentless education and work. -------------------------------------------- Learn More: https://www.scannersociety.com/sam-cohen-size-matters/ Free knowledge list signup: https://www.scannersociety.com/newsletter-updates/ Find out more about ACE: https://amazonconsultingexperts.com/ --------------------------------------------
Views: 305 The Scanner Society
Julie Mathers - Founder & CEO of Flora and Fauna Shares Startup & Growth Strategies
 
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Before founding the cruelty free and vegan, Flora and Fauna, in 2014, Julie Mathers, worked in retail for over 20 years and in e-commerce ten. She is a seasoned retailer and has sat on retail boards and spends any spare time she has mentoring other businesses. She is very passionate about ethical retailing and regularly speaks to it while driving Flora & Fauna to be best in class. She interweaves worlds by combining her strong commitment to the earth with sound business principles. Mathers has driven the business to be one of the fastest growing retailers in Australia at 500% growth each year. Tune in to see how she combines metrics, with personal service, and a green business from the top down. ---------------------------------------- https://www.scannersociety.com https://www.scannersociety.com/newsletter ----------------------------------------- Come join us and see how we can help you on your commerce journey in a "guru-free" environment. https://www.youtube.com/watch?v=vY-ANiRB5Ks --------------------------------------------
Views: 129 The Scanner Society
E-Commerce News:  Whole Foods and Amazon, Sign Language, Fashion, and Tariffs
 
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Amazon of offering an extra 10% off sale items to Prime members at Whole foods. There are also prime only deals, and lockers for Amazon order pickups and returns. This is starting in Florida but going nationwide this summer.  When combined with the 2 hour free delivery via Prime Now, the Whole Foods and Prime benefits keep adding up. The question is, how many shoppers really care about this? How low do prices at Whole Foods have to go before shoppers from other stores will go there. Based on a recent visit of mine, they are still much higher and not worth it.  Amazon launched an American sign Language logo spearheaded by the AmazonPwD (People with disabilities) affinity group. It’s an acknowledgement that there is more to language than lip reading. It’s designed to be inclusive to deaf employees and customers. From a more commercial perspective, this may start a trend in visual design. Logos, sayings and other things traditionally done in letters can now be re-done with ASL signs. The quickest to be able to provide products for this trend will be those in the print on demand world such as merch makers and other small businesses who can quickly pivot product selection. In a fashion coup, Walmart announced a partnership with Lord & Taylor. They will launch a new flagship store on Walmart.com in the next few weeks that will include more than 125 luxury brands such as Tommy Bahama, Vince Camuto, Lucky and Effy. I wonders if deals on these premium brands on Walmart will become BOLOs for Amazon sellers by either sourcing directly from Walmart or from stores like TJ Maxx and Marshalls. Why not use Lord & Taylor and Walmart’s marketing dollars to increase spending on Amazon? Not to be outdone in the fashion world, Target collaborates with 150 year old Scottish brand Hunter in a limited edition spring launch of Hunter for Target. They are most known for their iconic Wellington boots also known as “Wellies”. Most items are under $30 maxing out at $80 which is a much lower price point that the products on Hunter’s website. Walmart is not just waiting for new brands to come to them, they actively seek out up and coming products and invited at least 17 unsuspecting entrepreneurs to pitch at their Open Call on June 13th. Brands such as The Door Balancer, The Drop Stoppers, and Healers Pet Care will be there in the hopes of having product selling on the shelves of every Walmart nationwide. Some of these brands are already on Amazon and some are not. A few are sold to vendor central, a few are brand registered, some well repped by third party sellers, while others are sort of unofficially there with listings that look set up by a amateurish 3P sellers. I wonder how they were discovered? This tells me that there is a huge opportunity for those trolling trade shows and the internet to “discover” other sleeper brands and work with them. The National Retail Federation came out strongly opposed to tariffs in a comical ad they did featuring 80’s movie icon from Ferris Bueller’s Day Off, Ben Stein. “ NRF President and CEO Matthew Shay spoke out, “ Ferris Bueller was one of the best comedies of its generation, but there’s nothing funny about tariffs and trade wars”. One of the greatest challenges of being an Amazon seller and entrepreneurs balancing between new product and strategy development and current revenue growth. This is a tough balancing act as WE frequently do not have the luxury of being without profit or revenue for several years or more to grow a business like the big companies do. We at Scanner Society believe that by staying up to date with current e-commerce news and trends your strategy time is better spent.
Walmart Sales Tax Exemption - Do you have yours yet?
 
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Walmart.com can be a lucrative source of inventory either for simple resale or for making bundles. Many online sellers buy from there and resell on Amazon or other marketplaces. If you are buying for resale, you can avoid paying sales tax both online and in store. *************************** Receive FREE E-Commerce and Amazon Sellers News Updates: https://www.ScannerSociety.com/UpdateMe
Views: 430 The Scanner Society
How much does it cost to go to China to source products from The Canton Fair?
 
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If you go you should have about $10 - 15 thousand dollars total that you can spend with a 1 -2 year timeline on profit from it. I will break this down for you, but first of all, I’m talking about a relatively efficient and enjoyable trip and ordering inventory afterwards. I’m not talking flying first class but I’m also not talking 6 stopovers and the Motel 6. Besides just being more enjoyable, being strategic about travel will help improve your time and energy management when you are there will which will help with profit. If you just go solo, with no program many of these costs are the same. Expect to spend about $1500 on a round trip plane ticket that is non stop from the US to Guangzhou. Do your stopovers in the US and then go direct. It will be more enjoyable and there is less risk of problems if you are not switching flights in a foreign country. The best hotel to stay in is the Westin Pazhou in Guangzhou. It is connected by land bridge to the Fair and has free golf cart shuttle service to get back and forth from anywhere in the fair to the hotel. The executive level is worth it because all meals and drinks are included. You can find a years worth of inventory in just 3 days at the Fair, if you are well rested and fed. This will run about $700 a night for two people so about $1400 per person for 4 nights. Once you return, plan to invest a minimum of $3 thousand on inventory and another 2 thousand on shipping. This is a total of $5k. Many spend more but if you can invest at least this much, you can order 2 - 5 products to launch. Our program is $3 thousand in 2019. It is 9 months long and includes pre trip prep, a tour, shared meals, and post trip support and help. It also includes membership in our community, a smaller mastermind of just those who go on the trip and mentors and 9 months of online meetings and support as needed. So your total budget should be between $8 thousand and 12 thousand for the first year. With this seed money, you can order 2 - 5 new private label product that can be sold individually and in bundles. With good launch success, meaning half of your products will sell well, participants can expect to break even at the end of year 1 and then be ready to accelerate launch in year two. If you have a bigger inventory budget to start with, then obviously that will change things. This trip is a good fit for a business that is ready grow beyond wholesale and arbitrage or even expand a current import model. Our students, mentors and teachers, are amazing and the journey with them is invaluable. We are here to help you before going, when there and afterwards. ***************** More info: https://www.ScannerSociety.com/China
Promotional Product Private Label
 
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How can you order printed items from promotional product companies to sell as your own private label on Amazon, Shopify or other marketplaces? Manufacturing or creating your own products to sell is referred to as private label. Creating your own designs on promotional items is one way to do this. There are literally thousands of providers to choose from. Promo companies can be a great source of products long term or you can test in smaller quantities and order in bulk later as the business grows. They can be sold solo or in bundles. The most important factor when creating a product from any source is to know your customer and what they want. Promo product companies have a wide range of product choices that can have logos printed on them such as pens, pads, koozies, and coolers but you can also print a cute message, a dog picture or some other artwork. There are literally thousands of products to choose from and millions of design options. Here are our 5 tips for creating your own home run promo private label products. 1. Know your customer and niche down. 2. Start small, even if it’s not instantly profitable. 3. Invest in good design. 4. Stay away from products that are easily available via print on demand (POD). 5. Compare prices and do your research. ***************** Receive our FREE guide to Promo Private Label, the Promo PL Primer at: https://www.scannersociety.com/PromoPL *****************
E-Commerce News: Trump Hates On Amazon, E-Packet, Drones, Amazon Publishing Launch
 
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Recently, Donald Trump released a series of tweets attacking Amazon. He said it’s Amazon’s fault that the U.S. Post Office is losing money on shipping packages, essentially blaming Amazon for a budget shortfall at the USPS. According to our research, Amazon simply qualifies for the rates that USPS publicly publishes, so if any blame were to be placed it would be squarely with the USPS, not Amazon. The main financial issues that the post office has, is that people just do not send much mail anymore but every home must still be serviced. Shipping and package revenue is actually growing and is on track to surpass that of first-class mail. The fact is that private companies such as DHL, UPS and FedEx can pick and choose what they will ship and at what price and the USPS cannot.A much more damaging UPSP policy to US businesses is the 2011 deal, called ePacket, with the national postal carriers of China and Hong Kong, South Korea and Singapore to allow packages under 4.4 pounds to be sent to the U.S. for extremely low rates. The rates are so low that it's cheaper to ship packages from China to an American city than it is to send that same parcel from one US city to another. The approximate cost to ship a one-pound package from South Carolina to New York City is $6; from Beijing to NYC, it’s $3.66. and sending that same one-pound package from New York City back to Beijing would cost around $50. This USPS policy is much more damaging to the American economy and the USPS budget than domestic bulk rates. Renegotiating epacket would be much more helpful to the USPS bottom line than any domestic package deal with Amazon. We predict that any volatility in Amazon’s stock price is short term as any meaningful action such as an antitrust investigation takes years to complete and the company is focused on long term strategy and diversification, something we can all learn from.   Amazon is making a new acquisition with AWS acquiring a majority stake in Shapeways, the 3d print on demand platform. This represents AWSs first venture into physical services and perhaps the first indicator that Amazon will eventually add 3D print on demand to the platform. It was the acquisition of Woot.com that led the way for the pod clothing business that is now thriving, will objects be next? This also gives them access to Shapeways technology for domestic 3d prototyping and short run manufacturing.   Amazon’s engineers are at it again. Amazon has been issued a patent for technology that will allow drones to understand some basic human gestures. So, if a drone is flying at you and you wave or give it some other gesture, it will steer in a different direction. The image on the patent is especially amusing.  Amazon has been in the self publishing business for years with their CreateSpace platform. On April 1st, Amazon Publishing launched which is a competitor for traditional publishing houses. Amazon has so many advantages here it’s not even funny. The data they have on what books sell at what volume around the world will easily allow them to renegotiate contracts with existing authors and for those who do successfully self publish, they will be able to make generous offers to bigger sellers. They will have a higher profit margin for books by cutting out the middleman so they can lower prices and still make great profits. This is just one more step in Amazon’s strategy to eliminate large distributors. If companies like Hasbro and authors like JK Rowlings will sell direct to Amazon they can control market share and still lower prices.   Amazon sellers need to be aware that the Seller Feedback Removal Policy has been updated. As of mid may, feedback will only be eligible for removal 90 days. This applies to all seller feedback.   Scanner Society is sponsoring2 upcoming seller conferences. SimpleZon in Houston on April 27th and ACE in New Jersey on May 6th. There are still a few tickets available, sign up NOW! Members receive discounts to both. We invite YOU to try us out for just 5 BUCKS for the first month. Go to ScannerSociety.com/5Bucks to sign up.
E-Commerce News: Fusion! Walmart, Instagram Shopping, Alexa Look, and UPS LCL
 
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In this week's show, learn how Instagram added a shopping button function for advertisers to add to their stories. There are around 300 million users on Stories DAILY. A recent survey reported that Instagrammers said they often watch stories to stay in the-know with brands they’re interested in, get an insider view of products they like, and find out about new products ones. Now, they can buy directly from those videos and images. The Tokyo based, Rakuten, has failed to capture the e-commerce market in the US. They are taking a new angle with their recent acquisition of Curbside, a Palo Alto-based tech company. Curbside has an app that works with stores to provide access to their inventory online, customers can purchase it and then the store employees hand it to the customer as they pull up. This will be a fantastic data gathering tool to see which products are in demand locally. Alexa does not just turn your lights on and off now, but with the new Echo Look, serves as a second opinion on wardrobe choices. It has a hands-free depth-sensing camera, built-in LED lighting, and computer vision-based background blur so that it can take a photo of your look to post online amongst other things. It creates your personal Lookbook, keeps your closet organized, helps you buy new wardrobe pieces and much more. Style Check, one of the most popular features on Echo Look, gives you a second opinion on which of two outfits looks best on you—simply submit two photos and, in about a minute, Style Check will return a recommendation based on fit, color, styling, and current trends, plus an explanation of why one is better. Curiscope, a British startup, launched on Amazon Launchpad. They have a fusion of a tech, a teaching, and t-shirt company. They use specially designed shirts as their canvas so that the tech and science learning is accessible to as many people as possible. Once the shirt is on, viewers or wearers scan it and then can actually go on a 3D tour of their own body. This is a great tool for teaching and engaging kids. Facebook continues to dominate the business world with their amazing ad targeting platform, also know as a social media site. They are actively working to train and certify professionals to use their platform. Online learning is available for free through Facebook Blueprint as well as many local colleges. They are basically training us to buy ads from them but since we are going to do it anyway, we might as well make it effective. Before you pay for a fancy consultant or guru, take some Blueprint classes! Paypal’s, Xoom platform increased send limits for international payments from $10,000 to $25,000 USD per transaction to over 50 countries. Money is deposited directly into the recipient's bank account for a small fee. Xoom have historically been used to pay VAs and other service providers. More reliable and trustworthy ways to pay makes international commerce safer, easier and more accessible. Macy’s is a mall store that is still growing. They are innovating in several areas including several acquisitions to enhance the in-store customer experience. They acquired a stake in B8ta, a software platform that will allow product makers to go from solely selling online to launching their products with Macy’s in a few clicks. It also has a Shopify-like solution for retail stores. They also added NYC experiential store, STORY to their portfolio, making the founder, Rachel Shechtman, Macy's "brand experience officer" whose primary role is to partner with brands to creating better in-store experiences. They get that getting customers in the door is a fusion of interesting product and positive shopping experience. UPS announced a major expansion to its ocean Less-Than-Container Load or LCL service. The origin and destination countries now cover most of the globe. Customers who do not have enough cargo to fill an entire ocean freight container can still access cost-effective transportation using UPS’s network. There has not been a large enough volume of smaller orders historically to engage large companies, but recently with the fusion of easy access Private Label, and major brands doing smaller but more relevant product runs, this type of shipping is attractive to many and lowering the cost benefits everyone. Flexport has been growing in the LCL space by leaps and bounds. They have now added Carbon-Neutral Freight Service. They have a non profit wing, Flexport.org that begun offsetting the carbon emissions so that all Flexport LCL shipments will be carbon neutral.
Former Amazon Exec James Thomson Shares His Journey
 
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James Thomson of the Prosper Show talks about his time as an Amazon Exec and give strategies for success on Amazon.
Views: 422 The Scanner Society
Selling On Amazon In the UK, France, Spain, Germany and Italy from the US
 
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In this Q & A with Steve Sawyer of the course International Arbitrage, learn how to sell overseas and the details of a special offer on his current course and support offerings.
Views: 1702 The Scanner Society

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