Turnover Tuesdays - Past Performance is not a Guarantee of Future Results
For those who are not familiar, I started a series a while back called Turnover Tuesdays. Every Tuesday I like to highlight one item that I have resold. This will include profitable and non profitable sales. I hope that there is always something to learn.
The previous posts in the series can be found at the bottom of this post.
The Keepa extension is probably the most important (and free!) extension available to Amazon sellers. I use it to evaluate every single deal. Rank is almost meaningless to me at this point. Rank is a snapshot currently but sales significantly affect the rank. If you used rank to evaluate purchases on Prime Day and Amazon put it on sale, every item would have been #1 rank in its category so rank can be very misleading. You need to evaluate rank over time. You need to see the number of sellers over time.
There is a ton to be gleaned from Keepa, some of it obvious and some of it not so obvious but it is absolutely essential.
One thing you can use Keepa for is to check out prices last year during busy seasons previously. This can be a guide for you of what items have huge demand. As I will show, this does not necessarily correlate to a big payout.
Read more »
Using Data from Keepa to Your Advantage
The Keepa extension is probably the most important (and free!) extension available to Amazon sellers. I use it to evaluate every single deal. Rank is almost meaningless to me at this point. Rank is a snapshot currently but sales significantly affect the rank. If you used rank to evaluate purchases on Prime Day and Amazon put it on sale, every item would have been #1 rank in its category so rank can be very misleading. You need to evaluate rank over time. You need to see the number of sellers over time.
There is a ton to be gleaned from Keepa, some of it obvious and some of it not so obvious but it is absolutely essential.
One thing you can use Keepa for is to check out prices last year during busy seasons previously. This can be a guide for you of what items have huge demand. As I will show, this does not necessarily correlate to a big payout.
Read more »
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