Saturday, August 19, 2017
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Newbie Help – What Does BOLO Mean?

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What Is A BOLO? TaughtToProfit.com

If you are new to retail and online arbitrage you may see people say “BOLO” and then list a specific item. You may also have no idea what BOLO means. Very simply, BOLO is an acronym for “Be On Look Out” and just means to be on the look out for the item they are mentioning. BOLO’s tend to be hard to find items, which can make them more valuable if you happen to be able to locate any.

Business Essentials – Barcode Scanner

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USB Automatic Barcode Scanner Scanning Barcode Bar-code Reader with Hands Free Adjustable Stand

Whether you sell on Amazon, eBay, Bonanza, or others, a Barcode Scanner is an inexpensive and valuable time-saving tool. There are many brand and styles, but today’s barcode scanners are inexpensive and reliable. If you have been putting off getting a barcode scanner because of money, now is the time to invest in your business. Save yourself time in the process by making your listing and inventory management become more efficient with a barcode scanner.

One of the least expensive ones I have found is below. It is a fraction of the cost of other barcode scanners and works just as well. We have 5 barcode scanners in my business, including one expensive Bluetooth version, and this generic/unbranded USB barcode scanner is better than most of them.

Shipping Essentials – This Is A Set Do Not Separate

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If you are using Amazon’s Fulfillment By Amazon service or any other third-party fulfillment for your inventory then you may have items that require two or more items together as a set, and separating them would cause the customer to have a bad experience with missing parts or a missing item. Just placing items that are supposed to sell as a set together does not mean that the third-party fulfillment center will know that. They could separate the items and when the set sells your customer would receive only part of the set they ordered.

What I do is put these neon orange (very noticeable) labels that say, “This Is A Set Do Not Separate” on these sets. For example, if it was two bottles of shampoo that sell as a bundle, I would poly bag them together and put a “This Is A Set Do Not Separate” label on the bag. These labels are very inexpensive and can save you the expense of a return or a negative feedback from items in a set getting separated.

Time Management – Aqua Notes Review

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Aqua Notes Review - TaughtToProfit.com

We have all had moments in the shower where we have a great idea, and by the time we get out of the shower we have forgotten the idea (or we have a nagging feeling we are forgetting part of it). The solution is to get out in the middle of showering and writing the idea down, or keeping your phone or tablet near to try to document the idea without getting the device wet. A company called Aqua Notes had an idea to make holding onto those ideas easy with a waterproof notepad that you can use while in the shower.

The Aqua Notes pad is a waterproof note pad that has suction cups built into the pad that attach it to your shower wall. It comes with a standard graphite pencil to write on the pad (the pencil also has a suction cup attachment as well to hold it to the shower wall). There is not really much more to say about it. If you get ideas in the shower that are important and worth documenting then the Aqua Notes pad does the job you need it to do.

Shipping Essentials – Wide Tape

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Whether you are shipping to customers directly through merchant fulfillment on Amazon, eBay, Bonanza, Etsy, or your own website you want to save as much time as possible in packing. You also want to save money on packing materials.

I have seen people who tape up their boxes in such a way that the box looks mummified. While this does work, it is inefficient and wasteful. If you do online arbitrage or even just order from big online retailers like Amazon, Walmart, or Target, you will see how the professionals pack things. They do not put tape all over the box. Most often they use one piece across the bottom seams and one across the top seams. This is why you need to get at least 3 inch wide tape and dispenser. This enables you to tape just like the pros do, save a lot of tape, and, most importantly, save time. There is larger tape available at 4.7 inches wide, but in my experience this is too large and provides no additional benefit for normal shipping.

The best 3 inch wide tape dispenser and tape I use is below:


Please keep in mind that the tape needs to be around 2.6 mil in thickness. I have tried cheaper tapes of 2.1 and 1.9 mil and they are just too thin and end up wrinkling and sticking to itself to easily.