QA Selling Online
How to liquidate a losing product | E.p. #158
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:10:59
- More information
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Synopsis
How to liquidate a losing product We currently have a product on our Amazon store that we are looking to liquidate. What would you advise would be the best way to do that? Alysha Hello Alysha, Liquidating a product is never fun, not only because we know there will a monetary loss, but because that money could have been growing with a winning product. And, there is also a bit of ego being hurt haha Here are a couple things I do when that happens. First thing I do is create a looser account, with Amazon's permission under the wife's name or sister, or cousin, etc Recall all the product to your home or to a 3rd party company so they can remove 1 FNSKY and add the new one. Then send all the product to this "loser" account where they can be for another 6 months before having big storage fees. Before the 6 months are up, you need to get rid of the product and to do that my best suggestion is on Facebook groups for Amazon sellers. Go on a big FB group and ask who is interested in a product you are liquidati