- Patrick Muir
- On January 21, 2015
- 1 Comments
The morning started with an email from Amazon letting me know my inventory of 16oz Barney Butter Smooth Almond butter had been accepted into inventory. A few hours later I logged into Amazon Seller Central and viewed my inventory. Almost 33% of my products were listed as “Reserved”. I didn’t know what that meant so I Googled it and found it could mean three things:
- Sold Items
- New items that are sent into FBA for the first time. Apparently Amazon could be verifying weight and size of the item. The items become available again within 24 hours of being reviewed.
- Items that are in FBA that are damaged that you requested returned or disposal of hit the reserved as well.
Throughout the day I kept checking. Eventually half my items were listed in reserve. I’m hopeful this means that my products sold and that they are being processed. At 9:30 p.m. I got an email saying an item was sold and shipped. It was ordered at early in the morning, so I’m hopeful all my reserved items are sold items waiting to be shipped out.
Another competitor matched my price at $40.99. I checked the buy box throughout the day and held it about half the time. I decided not to lower my price because I was still making sales. I also had very little product, so whether I sold it all in one day or over a few weeks didn’t matter. The competitor only had a handful of product and ran out. The rest of the day I owned the buy box.
I anticipate being out of product within the first 72 hours. I have more inventory in route, but it won’t be available for another 5 to 6 days. The test is looking good so far for 16 oz Barney Butter Smooth. The advantage of living close to the manufacturing facility should pay off. Right now I’m leaning towards scaling my inventory to 50+ units.