Best Ways to LIQUIDATE Amazon FBA Inventory when my Amazon Product is NOT Selling

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Dan Rodgers

Dan Rodgers

Күн бұрын

This video covers one of the best ways to liquidate Amazon FBA inventory when my Amazon product is not selling. First you need to answer why my amazon product is not selling but often times you need to swiflty focus on how to get rid of amazon inventory, especially for an amazon product that wont sell.
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An Amazon fba product not selling issue might actually be an amazon listing not selling issue. Fixes to the listing may help in this regard. These problems are much more difficult when stuck with amazon inventory of a large amount. Failed products on amazon are a part of the process but you do want to know how to liquidate inventory and what to do with excess fba inventory. How to liquidate inventory on amazon is most important when you’ve chosen bad amazon fba products which turn out to be amazon fba failed products. These are usually dues to common amazon fba mistakes. The key is to liquidate amazon fba inventory and move on to better opportunities with your lessons in tow.
Timestamps:
00:00 - By the end of this
01:19 - The problem
02:32 - Bad solutions
04:04 - Your objective
04:14 - Discount campaigns
05:39 - Campaign types
06:13 - Create a campaign
09:47 - Create codes
12:00 - Amazon codes explained
16:21 - Campaign performance
17:02 - Drop us a Like
DISCLAIMER: Content on the Dan Rodgers KZbin Channel and any extensions thereof is intended to be used for informational and entertainment purposes only. It is important to do your own research before making any investment, financial or business decisions. Dan Rodgers is not a financial advisor. You should always seek professional advice from certified professionals or independently verify any information you find on our channel, website or any of our other platforms before making decisions.

Пікірлер: 125
@DanRodgers
@DanRodgers 3 жыл бұрын
My friends, when you're stuck with inventory there is no silver bullet. Even with this platform, it still depends how much people want your product, the less they want it, the higher the discount you'll need to run. This can only help though and there's no platform fee right now 👇 👉 Sign up for Rebaid: www.rebaid.com/sellers-product-launch? (This is not an affiliate link)
@garama1391
@garama1391 Жыл бұрын
I cant launch my campaigns it says I need to choose a plan. I dont understand. My plan is to sell everything as soons as posible. Helppppp
@TheRemikarlos
@TheRemikarlos 3 жыл бұрын
Great alternative to Amazon's solutions to dispose of the products. I hope it becomes available to UK sellers soon! Thanks Dan for sharing!
@annwatson2164
@annwatson2164 3 жыл бұрын
Thank you, will definately be using this in a week or so
@starryeye3482
@starryeye3482 Жыл бұрын
Very useful! I am struggling with a product but this was very helpful. Going to check out Rebaid. Thank you so much for sharing! 😊
@Alex-xc3ki
@Alex-xc3ki 3 жыл бұрын
I actually have a failed product. Definitely going to use this. Thanks for the video! 😄
@MultiplePassiveStreamsOfIncome
@MultiplePassiveStreamsOfIncome 3 жыл бұрын
Thanks Dan. Another great solution.
@RichHandsome
@RichHandsome 3 жыл бұрын
This is why I'm subscribed. Quality content as always mate!!!🤙🏾🤙🏾
@karie_brown
@karie_brown 2 жыл бұрын
Hi, so do I input the suggested retail price from my Amazon listing or do i input the sale price I have it currently on Amazon? I’m confused? I’m currently running PPC and running a sale 🤦‍♀️
@helenkim6561
@helenkim6561 3 жыл бұрын
Hi Dan. Thank you for all your informative videos. They are one of the best we've found. I'm wondering....I put discount on rebaid for my Amz product, can I also, put a coupon for that product on amz. as well and it wont interfer with rebaid? I would like to get rid of all my products since competition as been high. I would prefer the same disct for both platform. Thank you
@fahadraza7916
@fahadraza7916 2 жыл бұрын
Thank you, Dan! Is this also workable for FBA wholesale business??? As each listing contains a lot of new offers how can buyers select my offer from them? Please guide!
@dwsomers
@dwsomers Жыл бұрын
Thank you Dan, you're the man. I needed this.
@siroth100
@siroth100 2 жыл бұрын
Great video, thank you! Are the coupons applied to the products (like 50% off) decreasing accordingly the Amazon Product FBA sale referrals and shipping fees?
@sairaashraf1480
@sairaashraf1480 2 жыл бұрын
Thankyew dan as em gone through this process with my extra inventory and results are fabolus
@shanta_h
@shanta_h 4 ай бұрын
Fingers crossed. Just set up my repaid campaign. Thank you for this great video.
@Ak_11.22her
@Ak_11.22her 3 жыл бұрын
once again: nailed it! thanks a ton!
@brobinson8614
@brobinson8614 2 жыл бұрын
I gotta say Dan has the best advice!!
@hanisaad8602
@hanisaad8602 2 жыл бұрын
@Dan Rodgers I have a question regarding shipment. When i delivered my boxes after UPS take shipment got cancelled mistakenly. Now my packages are delivered at amz warehouse but not received from a week. I opened a case but amazon says they cannot do anything. What should I do now please assist.
@rubalchoudhry1592
@rubalchoudhry1592 3 жыл бұрын
Dan amazingly explained , honestly you are a man of perfect guidance , thanks atone
@DanRodgers
@DanRodgers 3 жыл бұрын
Thank you rubal!!
@jamesaddison4980
@jamesaddison4980 2 жыл бұрын
Another great video, Dan. Really easy to follow. I was just going to liquidate some stock but thought I would try this first. Thanks
@jamesaddison4980
@jamesaddison4980 2 жыл бұрын
@@irynak6567 I did shift a few items this way. You have to give a pretty good discount though.
@alichampion3337
@alichampion3337 Жыл бұрын
Hi Dan, thank you for this video! Could you please tell me about the applicable referral fees? It will be applied on the discount? If the initial price is $100 and the discount is 50%, so the final price is 50$. The referral fees will be applied on ,$100 or $50? Many thanks 👍
@onewiththeuniverse1905
@onewiththeuniverse1905 2 жыл бұрын
Thanks for the amazing video! I'm looking for solution for my UK market and too bad it's not avaible but at least I learned something new.
@mohamedkwarti848
@mohamedkwarti848 2 жыл бұрын
Can I fix Stranded inventory issue by fulfilling orders using Multi-Channel Fulfilment (MCF), and sell them on other marketplaces ?
@catfirstman
@catfirstman 3 жыл бұрын
Thank you!
@nealadams6826
@nealadams6826 2 жыл бұрын
Thank you Dan. I consider I have a good product and it has been doing ok so far thanks to your other vids but I am finding the PPC costs crippling as a consequence I have decided to go this route. Thank you for everything you have done for me so far.
@brobinson8614
@brobinson8614 2 жыл бұрын
PPC is Amazon's appalling greed, which ends up destroying us :(
@xiomaralugo6122
@xiomaralugo6122 2 жыл бұрын
Same happening to me, its crazy how much I have spent on ppc🤦‍♀️
@brobinson8614
@brobinson8614 2 жыл бұрын
@@xiomaralugo6122 I realised had I went to auto targeting on PPC earlier I would have done much better. Have you stopped all your manual PPC campaigns?
@xiomaralugo6122
@xiomaralugo6122 2 жыл бұрын
@@brobinson8614unfortunately nop I have not. I've been running manual ppc campaign for the last 2 month (since launching), but its been crazyyyy, soo much money spent, soo far I have sold 375 without any profit in fact Amazon has charged me on top $1099 in the course of 2 month because acos has been higher than profits. I have tried everything, recently had down and up bidding strategy, recently changed to down only. Should I stopped everything and go with auto only? . I have been running that one too, it brings me some sales maybe I just need to adjust few things. Overall this has been a nightmare, wasted soo much money for nothing and have 600 more units🤦‍♀️. Thinking about removing inventory. By the way thanks for replying back to me.
@brobinson8614
@brobinson8614 2 жыл бұрын
​@@xiomaralugo6122 Sounds like what happened to me. I used a company Sellezo that Dan recommended and they haemorrhaged my money in PPC. But what I learnt from them was if a keyword had been clicked on with no purchase, more than 12 times, then ditch that keyword. I'm not sure if 2 month is long enough for the automatic targeting to 'machine learn' the best words and phrases. but I do know once it's working, its better than we are at manual targeting. It works out the best keywords that are turning clicks into purchases. An example of manual targeting going wrong was I thought I had good key words all ticking along nicely., but one day I discovered a keyword had been clicked on 80 times with no purchase. I thought it was a bot or a competitor so told Amazon but they said it was real people, so I lost a lot of money from that. I later realised that the Automatic targeting was getting a far better return so I turned off the manual ones and things went much better. Still not as good as I wanted thought What I did also is went on to facebook groups that were associated with my product (mine was for immune compromised people) and say how good the product was that my sister bought me. I wouldn't put the link, until they asked though as they delete your comment if you put the link straight away, plus Facebook will stop you unless you pay. I often found other people in the comments section would put the link. but thats only good if you are selling a unique product, otherwise they end up taking customers to a competitor. So I'd get a friend's profile to put the link under my comment, saying "I found it!!" lol Are you product matching? using the ASIN number of products that people who may also buy your product? that helps get sales, although it can attract browsers just clicking and wasting your money. Amazon is so Fukn greedy!! But that said I hardly sold a thing on eBay
@evanowen1527
@evanowen1527 2 жыл бұрын
The option for “advertising->promotions” isn’t available for me in seller central. Shown at 10:00.
@anniegrey5024
@anniegrey5024 3 жыл бұрын
Hey Dan! Your videos have been a great help for me to start my first business venture at 17 years old! Thank you so much for all that you share! I would like to ask if you do paid/or not 1 on 1 calls with your subscribers? Thanks!
@DanRodgers
@DanRodgers 3 жыл бұрын
Thanks Annie! I don't do this currently but very glad my content helps you :)
@brobinson8614
@brobinson8614 2 жыл бұрын
@@DanRodgers This is why I trust you, because you aren't like the failed Amazon sellers who try sell their knowledge claiming to be an Amazon sales Guru, yet make more money teaching classes than selling. Teaching for money is the telltale red flag they aren't doing that well on Amazon pr have given up. lol You do it out of passion for free, and that gives us hope, as we know for sure it's possible to be successful. So appreciative of your advice. Thank you
@filipinameetspain
@filipinameetspain 2 жыл бұрын
Hi,Dan.Is running a discount campaign in Rebaid is not against Amazon TOS?I have read that off Amazon discount is not allowed anymore..Im confuse..
@TonTon-wq2mc
@TonTon-wq2mc Жыл бұрын
Thanks for this video Dan. I'm trying to do it but seems like Rebaid is not free. They are asking for my billing info. Am I missing something?
@samerziad1583
@samerziad1583 3 жыл бұрын
Hi Dan, thanks for your perfect video. look like Rebid only for the US market. do you have a similar platform for the UK market?
@DanRodgers
@DanRodgers 3 жыл бұрын
Not yet Samer, but I will keep an eye out :)
@jacquelinebrynjolfson3684
@jacquelinebrynjolfson3684 2 жыл бұрын
Hi Dan, thanks so much! I've already removed my inventory and have it at my home, and closed my listing. Is there a way to use Rebaid and self-fulfill from my home address?
@xiomaralugo6122
@xiomaralugo6122 2 жыл бұрын
How long you had your product on Amazon before deciding to remove it? because thinking about doing the same thing.
@eliteamazonppc2249
@eliteamazonppc2249 2 жыл бұрын
1 great solution . love it
@shehar402
@shehar402 2 жыл бұрын
Hi Dan, i am really impress to watch your video's because its very helpful for me , i am working as a virtual Assistant on amazon ,,,, can tell me , the rebaid Discount campaing and rebaid influencrs is working in amazon austrailia ?
@mekdadmarey6239
@mekdadmarey6239 3 жыл бұрын
Hello Dan, is the service just for USA or Germany also included ? Regards
@angelscreations9807
@angelscreations9807 Жыл бұрын
Since this vid was created, removal fees have increased. Is it still worth it to pay high removal fees vs $300 monthly storage fees with slow sales?? Im thinking removing 600 units which equates to $600 at about .97 a piece
@QUEENfknJASS
@QUEENfknJASS 2 жыл бұрын
I just created my first campaign, thank you! Sucks to be in this position but I guess it'll all add to our entrepreneur success stories.
@richardmike7552
@richardmike7552 2 жыл бұрын
How’s it going, did it sell?
@QUEENfknJASS
@QUEENfknJASS 2 жыл бұрын
@@richardmike7552 a couple of units sold but I have hundreds left & I have until 12-15 to remove them from Amazon 😥
@garama1391
@garama1391 Жыл бұрын
Me too 😢
@user-ps2om6jr1h
@user-ps2om6jr1h 3 жыл бұрын
Hey Dan, great info, is that a real example that you are liquidating?
@Alpha-om2kn
@Alpha-om2kn 3 жыл бұрын
awesome video
@myungwoods4031
@myungwoods4031 2 жыл бұрын
Must it be list in Amazon FBA ? My inventory is in my warehouse what should I do?
@arunas2981
@arunas2981 2 жыл бұрын
Thank you for your review. However these days Amazon scares everyone about these rebates restrictions. It is not against amazon TOS to use this service with a discount for stock liquidation?
@hayleyng3840
@hayleyng3840 2 жыл бұрын
Great question! I would love to know the answer to this question too.
@tezzarida
@tezzarida 3 жыл бұрын
This video was uploaded sooo in time. I had my listing blocked and was thinking how I could liquidate my product. I tried this way around a week ago and now I can even say I sell more and I am more profitable now haha
@JuanSanchez-hn9bj
@JuanSanchez-hn9bj 2 жыл бұрын
I want to do this also with my product! any tips prior to getting started?
@tezzarida
@tezzarida 2 жыл бұрын
@@irynak6567 A couple of hundreds. Doesn't really remember now. Basically all the stock I had to liquidate.
@theknowhowchannel
@theknowhowchannel 2 жыл бұрын
Hey, can you tell how much discount percentage you set up to have them rolling?
@SHREDxJUICE
@SHREDxJUICE 2 жыл бұрын
If I create a Preferential promotion, will that keep shoppers from applying the coupon as well? Or should I remove the coupon while this campaign is running?
@DanRodgers
@DanRodgers 2 жыл бұрын
Preferential will apply only the one, best deal for the customer. The other one will allow stacking, I forget the name, I think it's "global" or "unrestricted" or similar.
@jennyli5598
@jennyli5598 2 жыл бұрын
Anything similar in UK? Thanks
@LouisArquivio
@LouisArquivio Жыл бұрын
It seems like it's not possible to create a promotion that offer more than 50% on Amazon, do you have another solution?
@Chicago48
@Chicago48 Жыл бұрын
It seems that REBAID is a UK/EU software or product?
@emilyzheng8781
@emilyzheng8781 2 жыл бұрын
Is it also used for FBM?
@lukeputrino4783
@lukeputrino4783 Жыл бұрын
Thanks dan great video i failed my product so hoping this will work (You have to pay now).
@kimabraham5749
@kimabraham5749 2 жыл бұрын
Hey Dan! Rebaid is only for Amazon US. What are my options for UK?
@nattybizzle
@nattybizzle Жыл бұрын
did you find an alternative? i am from uk too and keen to know your findings friend
@manojadlakha6923
@manojadlakha6923 3 жыл бұрын
Does Renaud work for amazon india
@bilalyousaf495
@bilalyousaf495 3 жыл бұрын
Dan you doing amazing work, but would be possible to make discount campaign on Rabaid for Amazon UK?
@DanRodgers
@DanRodgers 3 жыл бұрын
Not yet Bilal, hopefully that's coming in the future
@bilalyousaf495
@bilalyousaf495 3 жыл бұрын
@@DanRodgers Thank you
@dlvdlifestyle
@dlvdlifestyle 2 жыл бұрын
Hi Dan, I'm having a Dah moment here... re: rebaid. If I do a 50% promotion in seller central and do a 50% rebate through rebaid won't I be giving my product away for FREE? I'm getting my sell bamboozled.
@Bekind95
@Bekind95 3 жыл бұрын
I'm just wondering why we would use this and take a loss in the process vs just let Amazon dispose of the product, especially when Rebaid starts to charge for the service. Would it be more expensive to pay Amazon to dispose of the product? I'm in Canada, so thought that might be my best option.
@DanRodgers
@DanRodgers 3 жыл бұрын
Hey Karen, disposing would mean loss of your initial cost + disposal fee. Rebaid currently, depending on how much you can move with them, would mean recouping a significant amount of the initial cost + no disposal fee. Consider other services applicable in your region, there's also some FB groups for this I believe, or even removing the stock to use in other ways (lead magnets/additions/gifts) before disposal, but yes that is the last option as well.
@Bekind95
@Bekind95 3 жыл бұрын
@@DanRodgers Thank you Dan, for letting us know about this alternative to disposal. Having product that does not sell is my biggest fear, and being outside of the USA makes it even more challenging.
@nealadams6826
@nealadams6826 3 жыл бұрын
With slow sales and escalating PPC with Amazon this might be my out in another few weeks
@dovhalpern
@dovhalpern 3 жыл бұрын
Dan, please make a video on FBM🙏
@manojadlakha6923
@manojadlakha6923 3 жыл бұрын
Does rebaid work for amazon.in
@cjlee2945
@cjlee2945 Жыл бұрын
Beside liquidation, can I have amz donate my product away?
@artwholesalers
@artwholesalers Жыл бұрын
Good
@dannyw2313
@dannyw2313 3 жыл бұрын
Is this only available for US sellers Dan?
@DanRodgers
@DanRodgers 3 жыл бұрын
Yes, only those listed in the drop down for now Danny
@dannyw2313
@dannyw2313 3 жыл бұрын
@@DanRodgers no good to me unfortunately then bro! Is there a UK equivalent?
@waisetsubunsho7934
@waisetsubunsho7934 2 жыл бұрын
I tought it's an objective analysis, but it turned into an ad really quick
@menjeri4923
@menjeri4923 2 жыл бұрын
But rebaid charged me 97 usd plus 16 usd and i have sold only 1 product in 1 week and i have had only 156 views
@user-sq3tv8sh5y
@user-sq3tv8sh5y 7 ай бұрын
Now its not free?
@AT-ww6pj
@AT-ww6pj 2 ай бұрын
Rebaid doesnt work I think its gone. Coupons are now 50% max. An you cant put review my products now in your products. Its very hard to get products going on amazon.
@AbdulRahman91182
@AbdulRahman91182 3 жыл бұрын
what do Rebaid get out of this ? , we use it for free , we dont pay fees :? . great content :D
@DanRodgers
@DanRodgers 3 жыл бұрын
Good question. I assume 2 things: They get to beta test it since it's new and also it provides their customers solid deals while their launching side remains profitable. It also gives more exposure to sellers who might use the launching side. Get em while they hot lol :)
@rafaelfont8658
@rafaelfont8658 3 жыл бұрын
@@DanRodgers HI Dan thank you as always for amazing information and help, but there is a $2.95 charge per redemption so that means they get $2.95 from every one we sale?
@dannyw2313
@dannyw2313 3 жыл бұрын
Dan I guess that Amazon fees don’t apply still for this? For example if we give 50% off and Amazon fees are basically 50% then that equals zero…
@DanRodgers
@DanRodgers 3 жыл бұрын
Danny Amazon fees should not be 50% of your sell price, they should be more like 30% (both referral fee and fulfillment fee). Also, referral fees will be based on what the customer pays, so if you discount 50%, then your referral fee you pay Amazon will be 50% less. In your research you should aim for a 40% + profit margin. 30% landed cost of product, 30% Amazon fees, 40% profit. If that's the case, then if you sell at a 50% discount, then you lose your profit and 10% of your landed product cost but keep in mind you referral fee will be lower as well, so maybe a 5% loss.
@ronisrael8963
@ronisrael8963 3 жыл бұрын
*2.95
@rebaid9351
@rebaid9351 3 жыл бұрын
That is the per redemption fee for rebate campaigns. There is no cost to run a discount code campaign.
@ronisrael8963
@ronisrael8963 3 жыл бұрын
How this free? It is $1.95 per redemption
@DanRodgers
@DanRodgers 3 жыл бұрын
The DISCOUNT campaigns are free currently, the normal REBATE campaigns (for launching) have a cost.
@rebaid9351
@rebaid9351 3 жыл бұрын
The per redemption fee only applies to rebate campaigns. When creating a discount campaign you won't be prompted to enter a payment card so you can be sure there is no charge for running a discount campaign!
@helenkim6561
@helenkim6561 3 жыл бұрын
@@rebaid9351 does the search bar search for specific products... i dont get any accurate results when i search... i type in specific words from which i know there are products and nada..... curious thx
@user-sr5kj6ej9z
@user-sr5kj6ej9z 2 жыл бұрын
Fuck man.. I took this Amazon too lightly after one successful product. I got completely ripped off for my 2nd product and it doesn't look like how it was from my sample!
@MoanamKhalid-f7w
@MoanamKhalid-f7w 11 күн бұрын
rebaid is not free
@alichampion3337
@alichampion3337 Жыл бұрын
Be careful, REBAID never answer questions, i have many requests without responses. Following this video, I created an account. They have billed me several times for the same invoice by mistake, and they never respond.
@artwholesalers
@artwholesalers Жыл бұрын
Good
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