Seller Roundtable: [Understanding your IPI Score and Inventory Dashboard to Better Manage your Inventory]
- Shared screen with speaker view

23:49
We're live on FB! https://www.facebook.com/agssea/videos/303840418492527/

24:59
Hi everyone, we will be starting in 5minutes to allow everyone to stream in :) Meanwhile if you have any questions, please feel free to pop it in the group chat

28:40
i disabled my video, hopefully able to have a clear voice, as i'm outside now

33:19
Question for Ivan: What is your brand name on Amazon?

42:04
Yes, the 3rd party warehouse in the market place

42:52
Is it essential to engage a 3PL warehouse to support FBA business?

43:34
NZ, I belive it's a must to have a 3PL warehouse

43:34
it's not a must, but it helps. when you make withdrawal, you also need a 3rd party warehouse

43:47
In the USA you have a lot of warehouses that working with Amazon

43:57
In Europe it's a bit more difficult, but also posible'

44:32
Thanks guys. But does this extra layer really affect the business? Or is it manageable? Any tips?

44:39
I'm sorry my dear participants, i have an urgent matter that i need to leave now.

44:47
thanks KC!

44:58
Have a good day KC

45:27
Sorry for all the inconvenient caused

45:46
What is the benefit for "fulfilment by Amazon" vs "fulfilment by merchant" when selling in US marketplace?

46:05
Question for Amir: What is your brand name?

46:25
NZ - it does effect the business, you need to add this costs to your P&L and forcast, and adupt your product price accordingly

47:05
Thanks Amir!

47:34
most welcome

47:53
my brand name is Oddbods

48:06
check us out on Netflix if you have small kids ;)

48:36
Thanks! I wish you all the best! And sure will check you out on Netflix too!

50:58
How do you predict future sales if its a new product?

53:19
For those who want to learn more about the definitions and some common calculations, you may check out this article: https://sell.amazon.com.sg/blog/inventory-turnover

53:28
Question to all: How did Philip, Amir, Ivan decided on that FIRST product to begin sell on FBA? Tips please

55:24
Hi Zainal, no magic product. Research on your keyword with high volume and get started.

55:57
Cheers Philip, nice tip!

57:04
Hi Philip/Ivan/Amir, how long did you wait till you decided a particular ASIN is slow moving and that you should remove it from FBA?

59:22
Do you make sure you will always win the "buy box" price?

01:00:33
before I remove a product, I make sure I did everything I can to improve the salthrough: is my listing fully optimise? are my images and copy are good? does my PPC strategy fully optimised? how's my listing reviews? If I did anything I know to do and it's still don't move, I will drop price and try to clear inventory. You win some you lose some :)

01:01:09
what is the most cost effective way to remove the aging stock?

01:11:36
I heard that Ship Hero is also a good app to manage inventory

01:11:49
Order Hive as well

01:12:08
https://www.sostocked.com/, https://www.orderhive.com/

01:12:32
https://shiphero.com/software/

01:22:19
Hi Philip, how can we check how many units our competitor is selling?

01:23:11
JJ I believe u can get that info from the software u use eg Jungle Scout etc

01:23:27
Hi J J you can check using software like H10 etc

01:23:42
Sorry Helium 10 and jungle Scout

01:24:43
Hi there, any possibility of sharing 3PL to us who are interested in the US market? Thanks.

01:25:29
You can check shipbob

01:25:45
Thanks very much, Philip.

01:26:27
What are Vines?

01:27:16
Yes do more on launch strategies please!

01:27:17
Amazon Vine program is where Amazon invites trusted reviewers on Amazon to post opinions about products to help their fellow customers make informed purchase decisions. :)

01:27:28
im grateful to the ambassadors sharing, super rich!

01:27:40
Thanks to all the ambassadors

01:28:13
most welcome, we all been in your shoes, it's tough at the beginning, happy we can help

01:28:41
Thanks to all ambassadors

01:28:47
Chat more in the telegram.. lol

01:28:52
thanks very much to all ambassadors. very good session

01:29:02
Thanks!

01:29:19
Thank you everyone

01:29:29
Thank you all .byr

01:30:07
could you share the telegram link please?