If you watched the video in its entirety, you would have seen the basics of how easy it is to use Inventory Source. It is quite the bargain for the amount of work that is done for you as well. So if you are not the best at using Microsoft Excel, then this is the way to go, as all the hard work is done for you. All you need to do is decide how slim a profit margin you want to make, and plug in that number. Their software uses that to determine and set your pricing for you as well as filling in all the relevant attributes that are needed into the inventory file that you will be submitting to Amazon (or any other marketplace).
If you do not even know what an inventory file is, it is the file that you will be required to submit for each supplier to Amazon or wherever you are selling. If you are selling wholesale, then this is easy and it is all based off of the products you own, and you won't need to worry about an inventory file--because if you took my advice you will be using Fulfillment by Amazon, and won't need to ever deal with this issue!
But for those who are going to dropship their products, and don't want to deal with the hassle of managing multiple inventory feeds and manipulating the data (not sure if you are making mistakes or not)--they use Inventory Source! You will not regret trying it, believe me. If after a few months you decide that you can do it on your own (after learning the ins and outs of Excel), then simply cancel your subscription/service plan with Inventory Source, and move on! That just means you were so successful that you are now learning how to make even more money!
Keep reading for my overview of Doba in a posting to come very soon!
Thanks for reading.