Like many sellers, I started out sourcing for inventory by scanning products in store and on major retailer’s web sites. . But it was way too time consuming and the results were hit and miss.
I wanted to grow my Amazon FBA business into a full time income, but I couldn’t get there with arbitrage alone. I didn’t want to spend hours of my time every week “searching” for profitable inventory.
Current Challenges
Amazon have restricted many brand names, preventing sellers from listing a lot of products.
Worse, Amazon are also rejecting retail receipts as proof of authenticity in some cases too, making arbitrage a very risky sourcing method.
There’s never been a better time to diversify your sourcing methods into wholesale and mitigate your risk
The Solution and Results
I attended my first wholesale trade show, the ASD Las Vegas . This was a major breakthrough for me and I was able secure several great wholesale lines. I continued to add wholesale accounts in the months following and my business really began to take off.
I’d found a way to scale my business by purchasing steady quantities of inventory, without having to spend hours each day sourcing. As an added bonus, my wholesale listings have less competition than my arbitrage sourced products too.
Now, my Amazon business consists of a lot of wholesale. It’s completely changed the way I run my Amazon business, and freed up a ton of my time.
TIP: You Don’t have to be a huge seller to start adding wholesale lines! In fact, many wholesale opening orders can be as low as $150
Pages
53
Format
Kindle Edition
The Wholesale Truth: How to create a lucrative Amazon business buying wholesale
Like many sellers, I started out sourcing for inventory by scanning products in store and on major retailer’s web sites. . But it was way too time consuming and the results were hit and miss.
I wanted to grow my Amazon FBA business into a full time income, but I couldn’t get there with arbitrage alone. I didn’t want to spend hours of my time every week “searching” for profitable inventory.
Current Challenges
Amazon have restricted many brand names, preventing sellers from listing a lot of products.
Worse, Amazon are also rejecting retail receipts as proof of authenticity in some cases too, making arbitrage a very risky sourcing method.
There’s never been a better time to diversify your sourcing methods into wholesale and mitigate your risk
The Solution and Results
I attended my first wholesale trade show, the ASD Las Vegas . This was a major breakthrough for me and I was able secure several great wholesale lines. I continued to add wholesale accounts in the months following and my business really began to take off.
I’d found a way to scale my business by purchasing steady quantities of inventory, without having to spend hours each day sourcing. As an added bonus, my wholesale listings have less competition than my arbitrage sourced products too.
Now, my Amazon business consists of a lot of wholesale. It’s completely changed the way I run my Amazon business, and freed up a ton of my time.
TIP: You Don’t have to be a huge seller to start adding wholesale lines! In fact, many wholesale opening orders can be as low as $150