Get your money back on your losing products. In this episode, we're going to talk about how to

determine whether a product or your inventory is worthy of liquidation and how to go about that

process. So we're going to talk about some reports that you should be looking at, as well as how

to submit a removal order for liquidation and some other alternative options to try to recover some of your

investment on a losing product so they don't hit those long-term storage fees at Amazon.

What's up guys? You're listening to or watching another episode of Selling on Amazon with Andy Isam.

In this episode, we're going to talk about how to liquidate Amazon FBA inventory, get your

money back on your losing products. In this episode, we're going to talk about how to determine

whether a product or your inventory is worthy of liquidation and how to go about that process.

So we're going to talk about some reports that you should be looking at, as well as how to

submit a removal order for liquidation and some other alternative options to try to recover

some of your investment on a losing product or also on seasonal products so they don't

hit those long-term storage fees at Amazon. So first let's talk about the definition of liquidation.

This might be a new term for you if you're new to the business world. Liquidation simply means

selling off your inventory at a reduced price to recover some of your

initial investment. So some common reasons why you might want to or need to liquidate is due to

overstock, meaning you have way too much inventory of that specific product at Amazon FBA,

and it's not selling as quickly as it needs

to. Again, you might be hitting long-term storage fees which are really going to hurt your

profit margins or maybe it's a seasonal product like a Christmas or holiday or a summertime

product and that season has passed and you're still stuck with a ton of inventory. So you

need to get rid of it again to make sure that you're not incurring those long-term storage fees.

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