- Patrick Muir
- On February 17, 2015
- 0 Comments
Today I have three new SKUs arriving into Amazon FBA:
A few weeks ago I launched two SKUs that were variations of product that Amazon.com was selling directly – Organic Prunes 12oz 3-pack & Organic Raisins 15oz 3-Pack. I competed by offering a lower quantity at a lower absolute price point. I sold 20 each within the first two-weeks.
I called to buy additional quantities of Organic Prunes 12oz, but the price had gone up 20%. Amazon still has large quantities of product purchased at the lower price point. As a result, I have to wait until Amazon.com runs out of inventory or raises price. I’m undecided whether or not to repurchase the organic raisins. Although the product sold through, it wasn’t easy or cheap to ship and a customer returned product and the Amazon FBA warehouse damaged another unit.
The margin on the organic raisins was below $2, so I’ve decided to invest time trying to sell similar SKUs with higher margins.