Baby, It’s COLD Outside!
Here in NW Oregon, it rarely gets below freezing, and even more rarely, it snows. Generally, we can expect snow every few years. That’s one reason we get “snow days” with the falling of a single snowflake.
So, we bundle up and light a fire, brew the hot chocolate, and burrow in for the cold fronts.
It’s time to reflect and narrow down our actions for the coming year.
Our Amazon FBA business ended 2016 about 20% ahead of 2015. Pretty darn good. We hope for the same for 2017.
Unfortunately, our best selling category is dwindling in inventory and availability. We found them in closeout and discontinued stock from various brokers. We’ve sold tens of thousands of them for an average NET Profit of $5.
But, we’ve probably found them all, and they’re nearly gone.
We’re contemplating Private Label manufacturing. Sandi found her China importer, and we’ll consult with her to evaluate feasibility.
And, we’ll branch out to find new categories of products we can source and re-sell for a profit. This is the continuing task for an Amazon Seller, or for anyone working in retail ecommerce .
It’s good to have our bundled warmth to give us comfort. The future is unknown. But we can predict with enough data.
Plan our Work. Work our Plan.