March started off strong, but I had a few other things pop up that took priority over sourcing. I sourced about ~100 OA items the first week but that ended up being mostly it for the month. But I did keep sourcing books throughout the month since there’s less of a time commitment.
Because I use a prep center, once I order the book the only remaining items are to tell the prep center to send the books to FBA and then to set repricing limits.
Please check out the income report for this month or the inventory report from last month.
Thanks for reading
Inventory Breakdown
Units purchased: 209 (123 OA, 86 books)
Units sent for FBA: 205
Cash spent: $5,370.62
Nearly $25 per item spent last month. I’m a little worried some of the OA items won’t move and I’ll have to take a loss, but we’ll see what happens
Scatterbrained
I feel a bit in limbo right now because I want to save cash for the upcoming busy back to school season. But I also want to compound capital as many times as possible. I will probably end up saving cash since I am more confident in my textbook skills than my OA skills right now.
I’m definitely feeling scatterbrained and spread too thin. I’m having a hard time even writing why I feel like that, but I think I’m just trying to do too much between OA, books, and then just regular life. Climbing route beta (the sequence of moves) takes up a lot of RAM in my brain.
I think what I should do is get really good at sourcing books (improve my automated software + spreadsheets for tracking), document everything so I don’t have to remember how or why I do things a certain way, and then repeat that process for other niches.
But when I see other sellers hitting six + seven figures doing OA/RA I think I need to stop selling books and drive over to Marshalls and scan every item in the store.
I will go take a double dose of creatine and collect my thoughts.
Thank you for reading.