#130 - How to calculate restock in the early stages
Selling on Amazon with Andy Isom
English - March 16, 2022 10:00 - 23 minutes - 54 MBEntrepreneurship Business Marketing amazon amazonfba ecommerce entrepreneurship onlinebusiness personalbusiness productbusiness selling Homepage Download Google Podcasts Overcast Castro Pocket Casts RSS feed
There is no clear-cut way to calculate restock in the beginning and the best way to do it is through trial and error. In this episode, I discuss Lesson 60 of my e-book Zero to $1 Million, which is about how you can do your calculation and schedule of restock in the early stages.
When starting out, a lot of people can be very conservative when spending, especially when they’re bootstrapping the business. There are a lot of expenses to be taken into consideration and every spending must be well-thought-out. There are three things to keep in mind to ensure you have a well-thought-out plan: lead times, daily sales, and your budget.
⬇️ Click to view my available resources!
Some products and resources mentioned in this episode may no longer be offered. Please visit my website or DM me on social media for currently available downloads, resources, and coaching programs!