After selling on Amazon for 7 years, there are a few key “income-producing activities” that if done consistently, will almost certainly help your sales increase month after month.
1. Sourcing New Products
2. Replenishing Your Winning Products and Cutting Your Losing Products
The key to this is knowing your numbers.
If your winning products product 5k in profit over time, while your losing products lose $100, you can win only 1 out of 50 times and still break even.
That’s the beauty of wholesale FBA because you can easily get good enough to win 70% of the time and consistently grow your revenues.
Master these two skills, and you will become a consistent producer and your store sales will grow over time.