Thought of using essential oils? Check out this deal!

THOUGHT OF USING ESSENTIAL OILS?

DON’T MISS OUT ON THIS DEAL!

Head on over to AMAZON where they are offering the URPOWER 2nd Version Essential Oil Diffuser, 100ml Aroma Essential Oil Cool Mist Humidifier with Adjustable Mist Mode,Waterless Auto Shut-off and 7 Color LED Lights Changing for Home Office Baby for only $14.95. That’s over $25 off the original price! I bought one of these for my classroom to improve student’s focus. I was so impressed with the diffuser that I bought another one for my son’s room!

The bedtime routine is so much easier with this diffuser. My son loves being responsible for filling up the diffuser with water. We pick the essential oil blend for the night and then he gets to pick one of seven colors for his nightlight. I swear by essential oils for improved health (try forty thieves) and sleep (lavender). My son’s colds have decreased in length since using essential oils and his sleep has improved tremendously. If you thought of giving essential oils a try, you will not be disappointed with this diffuser.

AMAZON FBA UPDATE: I made my very first sale!

I sold my very first item on AMAZON!

My very first post on this blog was about the school I worked for for over 5 years closing and being laid off. Instead of looking at this situation in a negative light, I changed my mindset and looked into all the opportunities I now had available. I now had this new found freedom of not working a 40 hour work week! The two options I chose to delve into was starting this blog and selling on Amazon. You can read the post here https://adultingmama.com/adventures-in-scheming/

If you’ve been reading this blog, you will notice a common theme; parenting is hard and I love a good deal! Retail Arbitrage is the idea that you buy something at a low cost and resell it for a higher cost, making a profit from the resell. I’m always shopping clearance and decided to send in 4 of these items to Amazon in the beginning of May to see if they would sell. Well, I had my first sale last week! It took almost two months to sell something but I made my first sale and I am now $12 richer!

Is this something that I will continue to do?

I don’t know. I did some research on resell arbitrage and it looks like it’s a fading concept, with Amazon at least. Ebay is notorious for resell arbitrage but with Amazon FBA, fullfilled by Amazon, they give you the luxury of keeping your products in their warehouses and shipping the product for you! However, Amazon is getting stricter with their policies and the majority of people who started with retail arbitrage are moving towards private label.

What is private label?

Private label is when you buy in bulk from China, label the product with your brand and sell on Amazon. Sounds easy, right? Wrong! The product needs to be something that is generic and can be reproduced in China. It ideally needs to weigh less than 2 pounds and the dimensions less than a foot to be worth shipping.  You also need to find a product with a high sales rank and not a lot of competition and you need to market it to make it work. I also spoke with some of the more successful Amazon sellers and most of them told me that the majority of their money for the first YEAR goes right back into the business. It’s a lot of work, time, and investment.

I’m not necessarily throwing in the towel just yet. I still have three other items for sale on Amazon. I might ship some other items too to feel out the market place. If something sells quickly and I can find a generic in China, then I might consider Private Label. But for now, I’ll celebrate my $12 sale!

Tell me about your business adventures? I would love to hear from you.

Adventures in scheming

Last week I was scrolling through Pinterest when I saw a post about making money on Amazon. I love Amazon! I’m in the market for a new job so I clicked on the post to find out more. It was about FBA. In special education an FBA is a functional behavioral assessment but apparently it is also an acronym for fulfilled by Amazon. As I read further I learned that there is a job called retail arbitrage. Not knowing what arbitrage meant, I quickly Googled and found out it means you buy cheap stuff and resell it for more money and pocket the difference. What? This is a job? For those that don’t know me I am a deal connoisseur. I never buy anything full price and I always buy in bulk when I see a good deal. I currently have 768 diapers, 27 packs of wipes, 35 magic erasers, 14 boxes of baby food, 8 boxes of graham crackers, and 12 packs of fruit snacks. I know a good deal when I see one. Check it out

Finding a smoking deal is something I’m already good at so now I only have to sell these items at full cost and pocket the profit. Boom! I once had a student whose family who sold items on Ebay for a profit but he told me his house looked like an episode of hoarders. The best part of selling on Amazon is that you get to store your items at their warehouse. This sounds too good to be true and it probably is BUT I’m looking for change and this might be it. I need to give it a go. I signed up for You can purchase a professional account for $40/month or sign up for a free account with less access. I would love to go all in and get the professional package but I’m not sure if this is something I’m going to excel in and might end up being a money losing adventure. I bought a couple things that I think will be profitable and spent around $30 total. I sent them in this weekend and I’ll keep you posted if I make anything!