Introduction to Cross-Border E-Commerce ResellingCross-border e-commerce reselling involves sourcing products from one country and selling them in another. This article focuses on how to plan the procurement and sales of Adidas products using a spreadsheet from ChanelShoesBags, a platform known for its luxury goods, to streamline the process.Setting Up the SpreadsheetTo begin, create a comprehensive spreadsheet that includes various sections such as product listings, sales data, price trends, and competitor analysis. This will serve as the backbone of your procurement and sales strategy.Analyzing Sales CyclesWithin the spreadsheet, dedicate a section to track the sales cycles of Adidas' popular models. This involves recording the frequency of sales, peak buying seasons, and any trends that emerge over time. For example, certain models might sell better during the holiday season or after new product launches.Monitoring Price FluctuationsPrice volatility is a critical factor in e-commerce. Use the spreadsheet to monitor how prices for Adidas products change over time. This can help in identifying the best times to buy low and sell high, maximizing profit margins.Competitor AnalysisKeep an eye on competitors by tracking their pricing, promotions, and product offerings. This information can be invaluable in adjusting your own strategies to stay competitive in the market.Formulating Procurement PlansBased on the data collected, develop procurement plans that align with the sales cycles and price trends. This may involve bulk buying during off-peak seasons when prices are lower or securing limited edition items before they sell out.Pricing StrategyLeverage the spreadsheet to set competitive prices for your Adidas products. Consider factors such as cost, demand, and competitor pricing to determine the optimal selling price that maximizes profit while remaining attractive to customers.Inventory ManagementProper inventory management is key to successful reselling. Use the spreadsheet to forecast demand and plan inventory levels accordingly. This helps in avoiding overstocking or stockouts, which can negatively impact sales and customer satisfaction.ConclusionBy effectively utilizing a spreadsheet from ChanelShoesBags to plan and execute your Adidas product procurement and sales, you can streamline your operations, make data-driven decisions, and ultimately, enhance your profitability in the competitive world of cross-border e-commerce reselling.