3 Quick Tips for a Profitable FBA Business in Q4
We’re fast approaching the last quarter aka Q4 of 2019, and if you don’t do anything differently right now, you’ll be missing out on a lot of opportunities that can maximize your sales and profits. Here are 3 quick tips to make the most of this money-making season and win Q4 as an Amazon FBA seller!
Tip #1: Amazon’s busiest Q4 months are November to January
Many of us would think that Q4 sale kick starts in October and gets the highest in December. When it comes to Amazon sales, November to January is when things really happen for Amazon sellers. So don’t worry too much if October seems quiet, this is your best time to get ready for the coming months. No doubt, you’ll be swamped from November through January!
Tip #2: Stock up on your inventory for January
Gift shopping doesn’t end in December. Many shoppers use their Amazon gift cards to purchase their Christmas gifts on January. Your potential sales in the New Year still play a big role in the retail calendar, so make sure you’ve got adequate stock for 2020!
Tip #3: Adjust your repricing strategy
Keep your prices as competitive as possible. Experts recommend adjusting your repricing strategies to follow the upward trends in November and December. With our Algorithmic Repricer tool, you’ll see which of your products tend to go up in Q4. Make sure to adjust the pricing of these products at the most competitive rate to improve visibility and increase your chances of winning the Buy Box.
Of course, don’t forget to enjoy the holidays with family and friends while you have fun selling and making money!