Online Sourcing Made Easy is a course that is designed to train the student to continually find items online to purchase for resell. Chris Wilkey is a master in the art of finding items to sell of Amazon and he wants to share his knowledge with you through this course.
This course will consist of some videos and walk throughs of the techniques used to find price differences across sites such as Amazon, Walmart, BestBuy, eBay, and many other sites. Once we are able to find these price differences, I will show you how to determine an item is something that would be good for resale.
After you finish this course, you should be comfortable finding products online and knowing when to pull the trigger on a purchase.
Before we get started with online sourcing, we need to get the right web browser installed on your computer.
To be as effiecent as possible, you will need to make sure to install the following extensions.
Understanding the economics behind the price differences is something that is key for any person who is buying and selling items online.
One of the most useful tools for an online seller.
Your business model is one of the most important things you need to set before you start sourcing online. This video gives you some examples of what you need to do to build out your criteria for buying items.
Price history is only half of the equation. You need to also understand the sales rank history to make educated purchasing decsions.
One of my favorite tools to start online sourcing is Keepa. This is a tool that track the price history of items on Amazon and also tracks prices drops. This is bookmarked on my favorites bar and is the first site I visit each day that I source online.
This is part #2 of the Keepa introduction video.
A tool that is very helpful with sales ranks and price history.
Another great tool that can be used for online sourcing.
What to know how to get an alert that a price has dropped? If so, this video shows you how to do it.
Another great website to start your online sourcing is SHH Our Little Secret. This video shows you how I use it and how you can start finding some deals and some leads from this deal finding site.
If you like (or would like) to run advanced searches on Amazon, Great Deals for Real is the site you want to visit. I love using it to get my sourcing started and I always end up finding a great deal or two.
My favorite paid tool that really shows you the power of online sourcing. http://www.fbamaster.com/oaxray-info/
TopCashBack is a website that gives you a percentage of cashback for each online purchase you make. I find it tends to have the best cashback for most sites, but it should be added to your list of bookmarks on Google Chrome.
Just another site that you can add to your cash back list.
Raise.com is a great site that allows you to buy discounted gift cards to help reduce the cost of your inventory.
This is a easy tool that automatically watches for price drops on your Amazon purchases and then files a claim to get your money back!
Didn't get enough information about selling on Amazon? We invite you to join us on our blog where you can continue to learn more about buying and selling items through Amazon.
The FBA Master Facebook group is a free online community of online sellers that exists to teach and help sellers of all skill levels. Make sure to join and ask a ton of questions.
Another great free resource we offer through Facebook to help you with the deal finding process.
Chris Wilkey is the founder and CEO of Hosskey Consulting; a social/digital media consulting agency. Over the past five years, Chris has worked for companies such as RE/MAX, Apple, Barnes & Noble, and the Indianapolis American Marketing Association (Indy AMA) and has helped them create communities online. Chris now serves on the board of the Indy AMA and also runs a DJ company on the weekends. He is a serial entrepreneur who has a passion for helping small businesses succeed.