Position Overview:
We are seeking a highly motivated and detail-oriented Virtual Assistant to assist with product sourcing for our Amazon online arbitrage business. As a VA, you will be responsible for researching and identifying profitable products that meet our sourcing criteria. Your primary goal will be to find products with a significant price difference between the source and Amazon, ensuring profitable opportunities for our business.
Responsibilities:
Product Research: Conduct extensive online research to identify potential products for sourcing. Utilize various platforms, including retail websites, online marketplaces, and specialized tools, to gather product information, pricing data, and sales metrics.
Sourcing Criteria Evaluation: Evaluate products based on our specific sourcing criteria, including profitability, demand, competition, and seller restrictions. Use your judgment and analytical skills to determine the suitability of each product for our business.
Profit Analysis: Calculate and assess potential profit margins for each sourced product. Consider factors such as purchase price, shipping costs, Amazon fees, and estimated selling price. Provide detailed reports or summaries of your findings for our review.
Supplier Relationship Management: Establish and maintain positive relationships with suppliers or retailers to ensure a steady supply of products. Communicate professionally via email or phone to negotiate pricing, discounts, and terms of purchase. Monitor supplier performance and address any issues or discrepancies promptly.
Inventory Management: Collaborate with the rest of the team to ensure effective inventory management. Coordinate with the fulfillment team to plan and schedule product shipments to Amazon fulfillment centers. Monitor inventory levels and recommend restocking actions based on sales trends and demand projections.
Competitor Analysis: Monitor competitor products and pricing on Amazon. Keep abreast of market trends, new product launches, and pricing fluctuations. Provide insights and suggestions on adjusting sourcing strategies to stay competitive in the marketplace.
Documentation and Reporting: Maintain accurate records and documentation of all product sourcing activities, supplier interactions, and product information. Prepare regular reports summarizing sourcing progress, key metrics, and recommendations for process improvement.
Most provide proof of leads so please submit with resume.
Qualifications:
Previous experience in product sourcing for e-commerce, preferably with Amazon online arbitrage or retail arbitrage.
Familiarity with Amazon Seller Central and related tools for product research and analysis.
Strong analytical skills with the ability to evaluate product profitability and market trends.
Excellent research abilities, utilizing online platforms and tools effectively.
Proficient in Microsoft Excel or Google Sheets for data analysis and reporting.
Exceptional attention to detail and organizational skills.
Strong communication skills, both written and verbal.
Self-motivated and able to work independently with minimal supervision.
Ability to multitask and prioritize effectively in a fast-paced environment.
Understanding of Amazon’s policies, guidelines, and seller metrics is a plus.
APPLY FOR THIS JOB:
Company: Invy GmbH
Name: rigo ventura
Email: