Reseller Tips 25 • Create and Maintain an Inventory System

Reseller Tips 25 • Create and Maintain an Inventory System

I mentioned in the past that one of the first pieces of advice I give to new sellers/resellers is to buy a scale. Another important introductory tip is to create and maintain an inventory system.

It’s a terrible feeling when you sell something and quickly realize you don’t know where it is. Or if you sell similar items and can’t determine which one you sold and which you didn’t! To avoid that stress (or having to refund and disappoint your buyer) please start an inventory system ASAP.

You can create a very simple SKU system and a little Google sheet. It doesn’t need to be complicated (but totally can be if you’re a spreadsheet freak like me)! Simple: Item title or description, SKU number, location. Complex: price, listed date, sold date, quantity, profit, etc.

If you’re new to the game, start one now. If you’re old to the game, start one now. It may seem daunting, but will not take as much time as you think (I promise) and will save you time in the long run.

A detailed spreadsheet can help with analytics as well, but that’s a story for another time. Leave a comment if you need any help! 📈


Popular Posts