Image of a sales tag with "Black Friday" written on it and the SellerAmp logo

  

We all know that Black Friday is a jackpot for anyone into arbitrage – a day loaded with crazy discounts, flash sales, and deals you won’t see the rest of the year. It’s the perfect chance to get a great deal on popular products and flip them for a solid profit. With a little planning and the right tools, turn seasonal discounts into serious cash, fast! So get ready – Sellers who can handle the hype and chaos of this mega shopping event are in for serious gains. Our guide has all-you-need insights to ace Black Friday in just a few simple steps. Don’t forget to also make use of our NEW Live Q&A Seller Hour Session every week.

  

Step 1: Start Prepping Now

Black Friday success doesn’t just happen; it’s all about prep! Dig into last year’s hot items to check out what sold well and take a note of this years trends. SellerAmp’s Charts Panel is your go-to for digging up price histories and sales data. Get started now for the best chance to stock up on top selling products before the big day.

  • Top Categories: Focus on tried and true categories like electronics, toys, home goods, and fashion. Check you’re pricing products properly.
  • Budget Wisely: Decide on your spending limit for inventory and stick to it!

Step 2: Smart Sourcing

Found that your sales have been stagnating? Why not mix up your sourcing tactics to cover all angles.

  • Retail Arbitrage: Hit your local stores early. Big retailers like Walmart, Target, and Best Buy have tons of in-store-only deals that you can flip for a solid profit.
  • Online Arbitrage: Scout for the best online deals! Black Friday isn’t just for in-store steals anymore—online flash sales are everywhere, including Cyber Monday.
  • Wholesale: Team up with wholesalers to grab bulk quantities of top items, so you’re fully stocked to meet surging demand.

Step 3: Master the Buy Box

Pricing is everything when it comes to snagging the Buy Box and grabbing those sales. With SAS Storefront Search, you can track competitors’ prices and adjust in real-time.

  • Timing is Vital: Start with competitive prices for early-bird shoppers, then bump them up as inventory elsewhere dwindles. Or, you can go for a price drop later in the day to catch the evening crowd!
  • Stay on Top: Keep an eye on competitors throughout the day and use automated repricing tools like BQool to stay competitive without losing profits.

Step 4: Let Amazon FBM Work for You

We know already that Amazon’s FBA service is a total game-changer for Black Friday. Prime shipping is a huge draw for holiday shoppers, and FBA makes it easy by handling the logistics. Just don’t forget to switch to FBM around the 15th November if your inventory isn’t already at the Amazon warehouse!

  • Send Stock Early: Get your products to Amazon’s fulfilment centers asap to avoid any delays.
  • Track Inventory: Watch your stock and sales closely to be ready for any surprise demand spikes.

Step 5: Be Ready for Customer Service & Returns

Expect the Black Friday rush to bring an influx of customer messages and returns. Stay prepared to handle them smoothly!

  • Quick Responses: Prep replies for common questions, so you’re ready to go.
  • Manage Returns: Have a clear return policy and be ready to handle any returns.

Step 6: Keep Rolling Post-Black Friday

Remember, Black Friday is just the start of holiday shopping! Use it to keep the momentum going for all of Q4:

  • Cyber Monday: Get ready for round two! Replenish stock and refresh your pricing for Cyber Monday shoppers.
  • Post-BF Deals: Clear out remaining inventory with additional discounts in the days after Black Friday.

  

So what are you waiting for? Black Friday is an arbitrage goldmine. Start early, make use of SellerAmp’s huge range of features, and rack up some serious profits! Don’t forget, products keep selling all year round, you’ll thank yourself later by getting great deals now!