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When Your Private Label Product Sells Out Of Stock On Amazon (GOOD Or BAD)

Published on: November 30 2022 by Carter Maxwell

When Your Private Label Product Sells Out Of Stock On Amazon (GOOD Or BAD)

When Your Private Label Product Sells Out Of Stock On Amazon (GOOD Or BAD)

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00:00:00 00:00:04 what's up guys in this video I'll be
00:00:01 00:00:07 going over what exactly you should do if
00:00:04 00:00:10 your private label products sells out of
00:00:07 00:00:11 stok when selling on Amazon FBA is that
00:00:10 00:00:14 a good problem is a bad problem I'm
00:00:11 00:00:15 gonna let you know right after this so
00:00:14 00:00:18 if you don't know me already
00:00:15 00:00:20 my name is Carter Maxwell I'm a 17 year
00:00:18 00:00:22 old entrepreneur and oh by the nickname
00:00:20 00:00:23 of the high school hustler and if you're
00:00:22 00:00:25 trying to create an online business and
00:00:23 00:00:26 make money while you sleep
00:00:25 00:00:28 then this is the channel for you so go
00:00:26 00:00:30 ahead and hit that subscribe button so
00:00:28 00:00:33 when it comes to a private labeling on
00:00:30 00:00:35 Amazon FBA you're bound to make mistakes
00:00:33 00:00:38 especially as a rookie and I made Ricki
00:00:35 00:00:41 mistakes as well it can be anywhere from
00:00:38 00:00:43 like picking a bad product not
00:00:41 00:00:45 optimizing your listing not getting high
00:00:43 00:00:46 quality pictures not getting a very good
00:00:45 00:00:49 description it could be any of those
00:00:46 00:00:51 things but a very very common thing is
00:00:49 00:00:54 to actually sell out of your product now
00:00:51 00:00:56 this is a really debatable topic because
00:00:54 00:00:58 some people don't know it's a good
00:00:56 00:01:01 problem is it a bad problem so I'm gonna
00:00:58 00:01:03 kind of go over what exactly I think in
00:01:01 00:01:05 my personal opinion if it is good or if
00:01:03 00:01:07 it is bad oh I'm gonna put this out
00:01:05 00:01:10 there right now if you're probably label
00:01:07 00:01:13 product sells out on Amazon it is both a
00:01:10 00:01:15 good and a bad problem so let me tell
00:01:13 00:01:18 you exactly why first off it's a good
00:01:15 00:01:20 problem to have because you've obviously
00:01:18 00:01:23 found a product that sells that can make
00:01:20 00:01:26 you money and obviously it's gonna sell
00:01:23 00:01:28 on Amazon if you have it in stok um so
00:01:26 00:01:31 if you were to actually sell out of your
00:01:28 00:01:32 product just go ahead and make a reorder
00:01:31 00:01:34 for that product and try to get it back
00:01:32 00:01:37 in stok as quick as you can
00:01:34 00:01:39 now if it's a good problem then how is
00:01:37 00:01:42 have been a bad problem old it being a
00:01:39 00:01:44 bad problem is you're out of stok your
00:01:42 00:01:47 BSR which is your best sellers rank
00:01:44 00:01:49 which basically helps Amazon it helps
00:01:47 00:01:51 you determine how well your product is
00:01:49 00:01:53 selling through your best sellers rank
00:01:51 00:01:54 and obviously the lower sales rank that
00:01:53 00:01:56 you have the more often your product
00:01:54 00:01:59 sells the better your listing is gonna
00:01:56 00:02:01 be ranked so when you're out of stok
00:01:59 00:02:04 you're not selling any products to your
00:02:01 00:02:07 BSR is only going to go up you're only
00:02:04 00:02:08 going to not convert bars and people go
00:02:07 00:02:10 to your listing you're going to be out
00:02:08 00:02:11 of stok your conversion rates are gonna
00:02:10 00:02:13 go down
00:02:11 00:02:15 obviously want to spend any ad money
00:02:13 00:02:18 because you don't have anything to sell
00:02:15 00:02:20 but once you're out of stok you're BSR
00:02:18 00:02:22 is once again it's going up which means
00:02:20 00:02:25 you're not selling you're falling back
00:02:22 00:02:27 farther in the rankings and if you can
00:02:25 00:02:30 get if you're only out of stok for say
00:02:27 00:02:32 like three four like five days max I
00:02:30 00:02:33 might say you're fine just try to get
00:02:32 00:02:35 the product back in stok as quick as
00:02:33 00:02:39 you can and hopefully you placed a
00:02:35 00:02:41 reorder as quick as you can also if it
00:02:39 00:02:42 takes a couple of weeks like for some
00:02:41 00:02:45 reason if your product like you ship
00:02:42 00:02:47 oversea which I don't do for any of my
00:02:45 00:02:48 products every one of my products I make
00:02:47 00:02:50 sure they're small enough and cheap
00:02:48 00:02:53 enough to where I can air shipped into
00:02:50 00:02:55 my house so usually the turnaround time
00:02:53 00:02:58 from me and my products is usually I'll
00:02:55 00:03:01 place an order depending on the quantity
00:02:58 00:03:04 it'll take anywhere from I say five to
00:03:01 00:03:07 seven days to produce once they ship it
00:03:04 00:03:10 after about seven days and then usually
00:03:07 00:03:12 they'll ship it around DHL now FedEx UPS
00:03:10 00:03:15 and that takes anywhere from around
00:03:12 00:03:18 three to seven days max to actually come
00:03:15 00:03:20 straight to my door and then the time it
00:03:18 00:03:22 takes me to them package and send it the
00:03:20 00:03:24 Amazon is about four or five days
00:03:22 00:03:27 because Amazon kind of takes a long time
00:03:24 00:03:30 to scan the stuff in but usually ship
00:03:27 00:03:34 down on a Monday I'd expect the product
00:03:30 00:03:36 to be live again on a Friday or Saturday
00:03:34 00:03:39 depending on the location is or
00:03:36 00:03:40 depending on where you're sending or to
00:03:39 00:03:41 what warehouse in what location you're
00:03:40 00:03:44 sending it to
00:03:41 00:03:47 so either way my turnaround time is just
00:03:44 00:03:50 above about twelve to thirteen days so
00:03:47 00:03:52 if I know I'm about to sell out I need
00:03:50 00:03:53 to get make sure my product is in stok
00:03:52 00:03:55 because also when you're out of stok
00:03:53 00:03:57 that's a lot of potential money that
00:03:55 00:03:59 you're missing out on you have to
00:03:57 00:04:02 rebuild back your listing rebuild back
00:03:59 00:04:03 your rank and it's just it's not a it's
00:04:02 00:04:05 not big mess but it's just really
00:04:03 00:04:07 inconvenient in but I know as a new
00:04:05 00:04:10 seller and some with a low budget um
00:04:07 00:04:11 sometimes you're not always able to keep
00:04:10 00:04:13 your product in stok especially if it's
00:04:11 00:04:16 selling like really really hot like if I
00:04:13 00:04:18 had some products in the past but I mean
00:04:16 00:04:20 it's never it's never a bad promise
00:04:18 00:04:22 never a good problem it's obviously it's
00:04:20 00:04:24 more good because you've honestly found
00:04:22 00:04:24 a product that sells you just need to
00:04:24 00:04:26 make sure you keep it in
00:04:24 00:04:28 makes you have some different cash flow
00:04:26 00:04:29 that you can use for that product and
00:04:28 00:04:32 let me tell you guys I'm recording this
00:04:29 00:04:33 early September mid September and I just
00:04:32 00:04:35 ran out of stok on one of my products
00:04:33 00:04:37 as it wasn't paying attention really
00:04:35 00:04:39 well but I should only be out of stok
00:04:37 00:04:41 about four three or four days I think
00:04:39 00:04:44 but I just placed a gigantik order
00:04:41 00:04:47 around $4,000 I think to keep that
00:04:44 00:04:49 product in stok but I mean guys q4 is
00:04:47 00:04:51 coming up I'll make a video later on
00:04:49 00:04:54 this but if you don't know what q4 is
00:04:51 00:04:57 its last three months of the year when
00:04:54 00:04:59 sale is just 2 X 3 X 5 X depending on
00:04:57 00:05:02 what product you're selling right now
00:04:59 00:05:04 some of my products are sown 2030 units
00:05:02 00:05:07 a day I'd expect them to do around 50 60
00:05:04 00:05:09 a day possibly kind of getting to some
00:05:07 00:05:12 of those holiday peak times anyways
00:05:09 00:05:14 that's it for this video I hope you guys
00:05:12 00:05:15 enjoyed it because I know a lot of
00:05:14 00:05:16 people actually run into this problem
00:05:15 00:05:19 especially when they first find their
00:05:16 00:05:20 successful private label product and if
00:05:19 00:05:21 you're run out of stok it's now at the
00:05:20 00:05:22 end of the world just make sure you
00:05:21 00:05:24 place the reorder as quick as you can
00:05:22 00:05:26 and get it back in stok anyways if you
00:05:24 00:05:28 enjoyed this video please feel free to
00:05:26 00:05:30 comment loath any questions in our video
00:05:28 00:05:32 ideas you would like to see in the
00:05:30 00:05:34 future also number to Like and subscribe
00:05:32 00:05:36 as I'm always giving away different tips
00:05:34 00:05:38 and tricks on how to make money online
00:05:36 00:05:40 you know that note I will see you guys
00:05:38 00:05:40 next video