My Amazon Guy Amazon Inventory Management: Taking Control and Initiating Action
Are you struggling with inventory constraints and looking to elevate your role within your company? This video offers practical advice and real-world strategies to help you overcome these challenges.
By the end of this video, you'll be equipped with actionable steps to solve inventory issues and ensure your brand's continued growth and success. Learn how to transform inventory problems into opportunities and become a key player in your company's growth.
Brand Manager Takeaway:
Had a great call with Steven Pope yesterday focusing on a client who has exploded since onboarding with us and the owner is constantly looking for the next best action.
The biggest takeaway is that it it all comes down to strategy and communication. When a client always seems to be looking for the next great tool or the constantly has new ideas; you have to stay ahead of them. He came to MAG to buy strategy first and foremost. He doesn’t want to just see the revenue go up, he wants to know what the plan is 3, 6, or 12 months from now so his business doesn’t just grow, it’s thriving and sustainable.
The client also has a habit of jumping around topics in our calls and to keep them efficient, one thing Steven said that really stuck out was; “Going west is a strategy. Going through Salt Lake to Reno is a tactic…navigate the conversation to keep it on strategy, the tactics can be handled through email” (Paraphrasing)
Vision, direction, and strategy needs to be the focus and it needs to be communicated regularly so the client sees and understands the value, and bring the data to back it up.
At the end of the call, we also spoke a bit about why I’ve stayed at MAG for what will be 4 years coming up in July and the posts today are a good example: The knowledge base is unmatched and the company is always looking to improve. If there’s a problem or something doesn’t work, it gets the attention it needs until it’s fixed. Not at all something I can say for most companies I’ve worked.
It’s easy to stay when you know you’ve got a mountain of information to draw from and a great team working alongside you.
Thanks Steven Pope for the call and the input!
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Timestamps:
0:00 - Introduction: The Inventory Crisis
0:08 - Addressing Demand and Inventory Problems
0:36 - Transforming Your Role: From Brand Manager to Business Manager
1:00 - Utilizing LinkedIn to Crowdsource Solutions
1:30 - Becoming a Manufacturing Expert
2:00 - Building a Comprehensive Business Plan
2:25 - Exploring Financing Options for Growth
2:42 - Maintaining Client Retention and Adding Value
3:05 - Innovative Solutions and Competitor Insights
3:39 - Engaging with Industry Leaders for Problem-Solving