Month 2 FBA Progress Update (With Anthony’s Mentorship)
Hi guys, I wanted to share an update on my second month of FBA progress under the coaching of @Anthony Mancini Last month, I had my first sale on February 10th and managed to reach $1,111.27 in sales, with 21 orders and 28 units sold by the end of the month. I was just getting my feet wet, learning the fundamentals like reading Keepa charts at a basic level, navigating Sellerboard and Seller Central, using Keepa’s Product Finder to source, and building my seller ID base while understanding what the different settings do. March results (Amazon data is missing sales from the last day of the month): - Sales : $2994.09 - Orders : 77 - Units Sold : 84 - Capital Spent on Inventory : 4,147.14 - Inventory Units Purchased : 202 March has been the month where I’ve learned the most, in a lot more detail, especially when it comes to using Keepa at a more advanced level. I started utilizing the “Track Product” feature almost every time I find a lead that is ungated and sourceable but where the Buy Box price is too low. This way, I get notified whenever the price reaches a certain threshold, making it profitable for me to buy. It’s a very useful tool, and I’ve already gotten sales because of it. Another key thing I learned from @Anthony Mancini 's mentorship is how to understand the “Data” section at the top of the Keepa chart. Learning how to read “Offers” and “Buy Box Statistics” has been instrumental in my decision-making when purchasing leads. It’s probably one of the most valuable pieces of information I’ve gotten so far. I won’t go too deep into it, because as Snoop Dogg says, “The game is meant to be sold, not told.” meaning some information out there is either meant to be earned through hard life lessons and losing money/time from mistakes, or you can do what I did and learn from people who have the knowledge and have been through the difficult times to build upon them. If it were given out too easily and freely, anything worthwhile would inevitably become saturated very quickly.