March 2024 Amazon FBA Stats

First full month selling and buying

March is over and that wraps up my first full month of listing on Amazon. Overall, I’d say it was a successful month. But there’s nothing to celebrate yet. I still have a long way to go building this business.

Here’s stats for the month of March 2024. 

Items tracked in Keepa: 1323 (+165) 

New Inventory Acquired: 26

Inventory sent to FBA: 30

Total Amazon Inventory: 27

Sending Inventory to Amazon

Right now I’m only sending in books to Amazon that have a best seller rank better than 500,000. 

Every time I buy a book I check the Keepa demand graph and record when to send the book in. Starting in May, I will start sending in my reserve inventory. 

Keepa Tracking

I have been trying to be stricter with my Keepa tracking. In a perfect world, I don’t even want to think when a notification comes through. Just click buy.

But that is not how it works. If there’s a huge run up in supply then I’m taking that as a good indicator to not buy. When the supply runs up and the price drops hard, I update my keepa tracker to notify me when the price goes above $45. I only picked 45 after reading Jarry say to use that.

Keeping Momentum Going

This past month, I focused on some higher priced books that have a historical tendency to run up during the busy season. 

I did take a gamble on a few of these, so we’ll see if they pay off. But I am hoping to identify a few types of book that follow this cycle during the off and busy seasons. Maybe wishful thinking.

I also reached out to a few publishers about buying books in wholesale, but I haven’t heard anything back yet.