This will probably sound familiar to you. You have some products that are purchased in multiple units in many Amazon orders. That is, instead of just buying 1, they buy 2, 3 or more units.
These products are suitable for doing the following:
Create packs of 3, 12 or x-units.
- Savings on FBA logistics costs.
- Reduction in cost per unit for the customer.
It’s counterintuitive at first. Even though the uk whatsapp number data customer pays less per unit, you earn more per unit despite lowering the price. This example should make it clearer:
If you sell 3 units of a product and each of them has a logistics cost of 3.5, you end up paying 11.5 euros for FBA. However, if you make a pack of 3, you only pay once. Let’s say those costs could go down to 5 euros. You have saved 6.5 euros. Part of that saving can be passed on to the customer as a “reward” for buying several units from you.
There is one essential advantage
A good trick is also the pack of 3, especially when the price for small businesses they buy 2 units. You entice the buyer to buy one more unit than they really had in mind because of the savings you offer them per unit.
Well, that’s it, nothing complicated but the result is surprising. Then there is an unknown that we usually have every New Year, but it is a matter of luck. In October and November there are usually the best offers. For us it is a unique opportunity to buy for immediate resale.
Resale products we will buy in October and November
Thanks to these offers last year we were able to achieve an additional turnover of 100k that we possibly would not have been able to database d achieve in the same way. We have found a very good product. It is in high demand and there is little supply. In addition, at the price level it allows for a lot of margin with prices much lower than the competition. This means that the ratings do not have a negative impact. It is selling less, no doubt, but it has not stopped selling.
It will be fun. Every year we have to outdo the previous year. Every year it gets harder to do it. Will we be up to it?