Amazon Wholesale For Beginners 2022
Published on: December 2 2022 by Tatiana James
Amazon Wholesale For Beginners 2022
Table of Contents
Amazon Wholesale For Beginners 2022
| startTime | durationTime | text |
| 00:00:00 | 00:00:04 | hey everyone i'm tatiana and today i |
| 00:00:02 | 00:00:07 | would like to give you a refresher on |
| 00:00:04 | 00:00:10 | how to sell wholesale on amazon |
| 00:00:07 | 00:00:13 | now i don't have to tell you there is a |
| 00:00:10 | 00:00:15 | plethora of opportunities on how to make |
| 00:00:13 | 00:00:18 | money online and it's great and |
| 00:00:15 | 00:00:20 | ecommerce is one of those best |
| 00:00:18 | 00:00:22 | models because hey we live in a |
| 00:00:20 | 00:00:25 | consumerist culture |
| 00:00:22 | 00:00:26 | and amazon is one of the great one of |
| 00:00:25 | 00:00:28 | the greatest platforms to get started |
| 00:00:26 | 00:00:31 | when it comes to e-commerce because they |
| 00:00:28 | 00:00:33 | do so much of the heavy lifting for you |
| 00:00:31 | 00:00:36 | but when it comes to selling on amazon |
| 00:00:33 | 00:00:38 | there isn't only one way to go about |
| 00:00:36 | 00:00:41 | doing it there are many different models |
| 00:00:38 | 00:00:43 | that you could follow to make money on |
| 00:00:41 | 00:00:45 | amazon and i tok about these models on |
| 00:00:43 | 00:00:47 | my youtube channel i share with you the |
| 00:00:45 | 00:00:50 | different models the pros and cons |
| 00:00:47 | 00:00:51 | which one is best is not the question |
| 00:00:50 | 00:00:54 | you should be asking the question you |
| 00:00:51 | 00:00:55 | got to ask is which is best for you |
| 00:00:54 | 00:00:58 | now today i want to highlight this |
| 00:00:55 | 00:01:01 | wholesale model because i think it can |
| 00:00:58 | 00:01:03 | be one of the best models for complete |
| 00:01:01 | 00:01:05 | beginners so if you've never made a |
| 00:01:03 | 00:01:08 | dollar online you will want to watch |
| 00:01:05 | 00:01:10 | this video because this could be |
| 00:01:08 | 00:01:12 | a model that really resonates with you |
| 00:01:10 | 00:01:13 | in your current circumstances |
| 00:01:12 | 00:01:15 | now i'm going to tok about the model in |
| 00:01:13 | 00:01:17 | this video give you the gist of it give |
| 00:01:15 | 00:01:18 | you the summary and by the end of this |
| 00:01:17 | 00:01:20 | video you're going to have a much better |
| 00:01:18 | 00:01:22 | understanding of what wholesale is and |
| 00:01:20 | 00:01:24 | i'll point you in the right direction |
| 00:01:22 | 00:01:25 | so first of all when we tok about |
| 00:01:24 | 00:01:27 | wholesale we got to tok about the |
| 00:01:25 | 00:01:29 | things that we don't need to worry about |
| 00:01:27 | 00:01:31 | that we would otherwise need to worry |
| 00:01:29 | 00:01:32 | about with other models of selling on |
| 00:01:31 | 00:01:33 | amazon |
| 00:01:32 | 00:01:36 | so we don't need to worry about making a |
| 00:01:33 | 00:01:37 | large investment this is one of the |
| 00:01:36 | 00:01:40 | greatest barriers of entry when it comes |
| 00:01:37 | 00:01:43 | to other models having to pay a lot of |
| 00:01:40 | 00:01:45 | money up front for your inventory for |
| 00:01:43 | 00:01:48 | your business expenses |
| 00:01:45 | 00:01:50 | marketing etc this model minimal |
| 00:01:48 | 00:01:52 | investment you don't have to worry about |
| 00:01:50 | 00:01:54 | time restrictions you have to worry |
| 00:01:52 | 00:01:55 | about product development you're not |
| 00:01:54 | 00:01:57 | going to be building your own brand |
| 00:01:55 | 00:01:58 | you're not going to be selling your own |
| 00:01:57 | 00:02:00 | products you're going to be selling |
| 00:01:58 | 00:02:02 | other people's products so all that time |
| 00:02:00 | 00:02:06 | that you put into product development |
| 00:02:02 | 00:02:06 | packaging labeling certifications all of |
| 00:02:06 | 00:02:07 | that |
| 00:02:06 | 00:02:08 | you know you don't have to worry about |
| 00:02:07 | 00:02:10 | that |
| 00:02:08 | 00:02:13 | you have to worry about the it being |
| 00:02:10 | 00:02:15 | high risk because it's one of the lowest |
| 00:02:13 | 00:02:17 | risk models |
| 00:02:15 | 00:02:19 | and i would say that |
| 00:02:17 | 00:02:21 | that's really important for people who |
| 00:02:19 | 00:02:22 | are just getting started you know this |
| 00:02:21 | 00:02:24 | model may not be |
| 00:02:22 | 00:02:27 | the model that's going to make you the |
| 00:02:24 | 00:02:29 | um the best returns |
| 00:02:27 | 00:02:31 | but it's going to be lower risk and i |
| 00:02:29 | 00:02:32 | would venture to say that if you're just |
| 00:02:31 | 00:02:34 | getting started your complete beginner |
| 00:02:32 | 00:02:37 | you've never built an online business |
| 00:02:34 | 00:02:40 | before what's more valuable to you is |
| 00:02:37 | 00:02:43 | having lower risk because often times |
| 00:02:40 | 00:02:45 | you know high-risk high reward and so |
| 00:02:43 | 00:02:46 | when you're first getting started lower |
| 00:02:45 | 00:02:48 | risk just so that you can actually get |
| 00:02:46 | 00:02:50 | started because if you know it's high |
| 00:02:48 | 00:02:52 | risk you probably won't get started and |
| 00:02:50 | 00:02:54 | you have to be realistik that when |
| 00:02:52 | 00:02:56 | you've never done anything online before |
| 00:02:54 | 00:02:58 | there's going to be a learning curve and |
| 00:02:56 | 00:02:59 | so you're going to have a lot to learn |
| 00:02:58 | 00:03:01 | you're probably going to make mistakes |
| 00:02:59 | 00:03:02 | and so you don't want to put a lot of |
| 00:03:01 | 00:03:04 | money on the line |
| 00:03:02 | 00:03:05 | and risk a lot |
| 00:03:04 | 00:03:08 | you also don't have to worry about |
| 00:03:05 | 00:03:09 | marketing campaigns this is a big one |
| 00:03:08 | 00:03:12 | because when it comes to |
| 00:03:09 | 00:03:14 | other models one thing people struggle |
| 00:03:12 | 00:03:16 | with a lot is marketing marketing your |
| 00:03:14 | 00:03:19 | product means how are you gonna get |
| 00:03:16 | 00:03:21 | people to view your amazon listing and |
| 00:03:19 | 00:03:23 | with this model you don't have to worry |
| 00:03:21 | 00:03:25 | about paid marketing social media |
| 00:03:23 | 00:03:26 | marketing none of that |
| 00:03:25 | 00:03:29 | and finally you don't have to worry |
| 00:03:26 | 00:03:31 | about unpredictable sales because again |
| 00:03:29 | 00:03:33 | you're not launching a product on amazon |
| 00:03:31 | 00:03:34 | for the very first time |
| 00:03:33 | 00:03:36 | a product that's never been sold on |
| 00:03:34 | 00:03:38 | amazon before really all you're doing is |
| 00:03:36 | 00:03:41 | you're looking for products that have |
| 00:03:38 | 00:03:44 | been selling on amazon for a while they |
| 00:03:41 | 00:03:46 | have historical sales data and that |
| 00:03:44 | 00:03:49 | historical sales data will allow you to |
| 00:03:46 | 00:03:51 | forecast future sales and so there's a |
| 00:03:49 | 00:03:54 | lot less unpredictability when it comes |
| 00:03:51 | 00:03:56 | to sales and if you do it right you find |
| 00:03:54 | 00:03:59 | products that the day that you list them |
| 00:03:56 | 00:04:01 | on amazon you start making sales |
| 00:03:59 | 00:04:05 | all right so let me give you the gist of |
| 00:04:01 | 00:04:07 | this model before we get further into it |
| 00:04:05 | 00:04:09 | all right so first you have to find |
| 00:04:07 | 00:04:11 | established products that are selling on |
| 00:04:09 | 00:04:12 | amazon and then you have to reach out to |
| 00:04:11 | 00:04:14 | these brands |
| 00:04:12 | 00:04:16 | and in reaching out to these brands you |
| 00:04:14 | 00:04:19 | have to communicate the value that you |
| 00:04:16 | 00:04:22 | can add to them and request to become an |
| 00:04:19 | 00:04:24 | authorized reseller of their products |
| 00:04:22 | 00:04:26 | then you build a relationship with them |
| 00:04:24 | 00:04:28 | then you purchase their inventory at the |
| 00:04:26 | 00:04:31 | wholesale price which you will later |
| 00:04:28 | 00:04:32 | sell at retail price and then you just |
| 00:04:31 | 00:04:34 | have to make sure that once you're |
| 00:04:32 | 00:04:37 | selling on amazon that you don't run out |
| 00:04:34 | 00:04:40 | of stok and that you reorder before you |
| 00:04:37 | 00:04:42 | run out of stok and that is it that is |
| 00:04:40 | 00:04:44 | the gist of this model it's so simple |
| 00:04:42 | 00:04:46 | which is another reason why i think it's |
| 00:04:44 | 00:04:48 | great for beginners and because it's so |
| 00:04:46 | 00:04:51 | simple you can actually outsource this |
| 00:04:48 | 00:04:53 | model so you can actually hire virtual |
| 00:04:51 | 00:04:55 | assistants to basically build this |
| 00:04:53 | 00:04:57 | business for you once you've done it |
| 00:04:55 | 00:04:59 | yourself a few times you understand how |
| 00:04:57 | 00:05:01 | to do it yourself you can basically hire |
| 00:04:59 | 00:05:04 | other people to build your business for |
| 00:05:01 | 00:05:07 | you and you can spend your time doing |
| 00:05:04 | 00:05:09 | other things and it's really cool so |
| 00:05:07 | 00:05:12 | super simple model and the key to |
| 00:05:09 | 00:05:14 | success with this model is in |
| 00:05:12 | 00:05:16 | the number of brands you reach out to |
| 00:05:14 | 00:05:18 | okay quantity is important because you |
| 00:05:16 | 00:05:20 | have to factor in that |
| 00:05:18 | 00:05:22 | well not every brand is going to say yes |
| 00:05:20 | 00:05:23 | right some brands are going to say no |
| 00:05:22 | 00:05:26 | and so if i only reach out to three |
| 00:05:23 | 00:05:28 | brands well what's my likelihood of |
| 00:05:26 | 00:05:32 | success compared to if i reach out to 10 |
| 00:05:28 | 00:05:34 | brands 20 brands 30 50 40 brands right |
| 00:05:32 | 00:05:38 | so your likelihood of success increases |
| 00:05:34 | 00:05:41 | as you reach out to more brands and then |
| 00:05:38 | 00:05:42 | second is your ability to communicate |
| 00:05:41 | 00:05:45 | your value |
| 00:05:42 | 00:05:48 | so if you can communicate how you can |
| 00:05:45 | 00:05:49 | add value to the brand then that's going |
| 00:05:48 | 00:05:50 | to |
| 00:05:49 | 00:05:53 | increase your likelihood of success that |
| 00:05:50 | 00:05:56 | that brand is gonna want you to become |
| 00:05:53 | 00:05:58 | an authorized reseller of their products |
| 00:05:56 | 00:06:00 | okay but now you're probably asking well |
| 00:05:58 | 00:06:02 | how am i gonna add value to these brands |
| 00:06:00 | 00:06:04 | well it's important to understand what |
| 00:06:02 | 00:06:06 | kind of brands you'd be reaching out to |
| 00:06:04 | 00:06:08 | versus the ones that you wouldn't be |
| 00:06:06 | 00:06:09 | reaching out to because they are very |
| 00:06:08 | 00:06:11 | different |
| 00:06:09 | 00:06:13 | so for example you're not going to be |
| 00:06:11 | 00:06:15 | reaching out to |
| 00:06:13 | 00:06:18 | private label sellers so people like |
| 00:06:15 | 00:06:20 | myself i started an amazon fba private |
| 00:06:18 | 00:06:23 | label brand on amazon |
| 00:06:20 | 00:06:26 | and i was a solopreneur building my |
| 00:06:23 | 00:06:28 | amazon brand i wouldn't want someone to |
| 00:06:26 | 00:06:30 | sell my products on amazon because i'm |
| 00:06:28 | 00:06:32 | selling my products so what you're |
| 00:06:30 | 00:06:35 | looking for are people who are not |
| 00:06:32 | 00:06:37 | selling their products on amazon other |
| 00:06:35 | 00:06:39 | people are selling their products you're |
| 00:06:37 | 00:06:41 | not going to be reaching out to brand |
| 00:06:39 | 00:06:44 | owners like this gal who has a beautiful |
| 00:06:41 | 00:06:46 | amazon listing complete with informative |
| 00:06:44 | 00:06:49 | images and text |
| 00:06:46 | 00:06:51 | and has enhanced brand content |
| 00:06:49 | 00:06:52 | she doesn't need any help she doesn't |
| 00:06:51 | 00:06:54 | need |
| 00:06:52 | 00:06:57 | you to come in and help her because |
| 00:06:54 | 00:07:00 | she's already done such a fantastik job |
| 00:06:57 | 00:07:02 | with her listing and is driving traffic |
| 00:07:00 | 00:07:04 | and is really creating a great customer |
| 00:07:02 | 00:07:07 | experience you're going to reach out to |
| 00:07:04 | 00:07:08 | brands like this guy |
| 00:07:07 | 00:07:11 | who is making twenty two thousand |
| 00:07:08 | 00:07:14 | dollars a month with over a thousand |
| 00:07:11 | 00:07:16 | nearly five star reviews selling horse |
| 00:07:14 | 00:07:19 | boots in spite of his listing having |
| 00:07:16 | 00:07:22 | only one image that's repeated |
| 00:07:19 | 00:07:24 | not once not twice but three times his |
| 00:07:22 | 00:07:27 | bullet points being absolutely |
| 00:07:24 | 00:07:28 | non-descriptive and his product listing |
| 00:07:27 | 00:07:31 | leaving prospective customers in the |
| 00:07:28 | 00:07:34 | dark leaving them asking basic questions |
| 00:07:31 | 00:07:36 | like what size should i get which could |
| 00:07:34 | 00:07:39 | be addressed with a simple size chart |
| 00:07:36 | 00:07:42 | and if you observe over here this brand |
| 00:07:39 | 00:07:44 | of horse boots is called professional |
| 00:07:42 | 00:07:47 | choice that's the brand name they aren't |
| 00:07:44 | 00:07:51 | selling their horse boots on amazon a |
| 00:07:47 | 00:07:52 | third-party seller named nrs world is so |
| 00:07:51 | 00:07:55 | they're not going to be concerned about |
| 00:07:52 | 00:07:57 | you driving sales away from them they |
| 00:07:55 | 00:07:59 | make money by selling you their products |
| 00:07:57 | 00:08:02 | at wholesale pricing and you make money |
| 00:07:59 | 00:08:04 | by selling them on amazon at retail |
| 00:08:02 | 00:08:06 | pricing and they would much rather have |
| 00:08:04 | 00:08:09 | someone on amazon selling their products |
| 00:08:06 | 00:08:10 | who's going to add value to their brand |
| 00:08:09 | 00:08:12 | you know if they compare you know one |
| 00:08:10 | 00:08:15 | way to secure these brands is by |
| 00:08:12 | 00:08:17 | actually doing a screen share video |
| 00:08:15 | 00:08:18 | finding out the contact information of |
| 00:08:17 | 00:08:20 | the brand and doing a screen share going |
| 00:08:18 | 00:08:22 | to the amazon listing like this and be |
| 00:08:20 | 00:08:24 | like hey i just notiked that nrs world |
| 00:08:22 | 00:08:26 | is selling this product you know you've |
| 00:08:24 | 00:08:28 | only got three of the same images on |
| 00:08:26 | 00:08:30 | amazon your customers are asking basic |
| 00:08:28 | 00:08:32 | questions like what size should i get |
| 00:08:30 | 00:08:34 | and we could really help improve this |
| 00:08:32 | 00:08:35 | listing you know there's a lot we could |
| 00:08:34 | 00:08:38 | do here so that we could have a better |
| 00:08:35 | 00:08:40 | customer experience and really it's |
| 00:08:38 | 00:08:42 | going to help increase conversion rates |
| 00:08:40 | 00:08:44 | and brand loyalty so the value that |
| 00:08:42 | 00:08:46 | you'll add is by helping to drive more |
| 00:08:44 | 00:08:49 | traffic to the amazon listing |
| 00:08:46 | 00:08:52 | to increase their sales and to improve |
| 00:08:49 | 00:08:53 | the overall quality of the amazon |
| 00:08:52 | 00:08:55 | listing |
| 00:08:53 | 00:08:56 | but wait a minute tatiana i don't know |
| 00:08:55 | 00:08:58 | how to do any of that what are you |
| 00:08:56 | 00:09:00 | toking about i don't know how to do |
| 00:08:58 | 00:09:02 | improving the amazon listing driving |
| 00:09:00 | 00:09:05 | traffic guess what guys you're gonna |
| 00:09:02 | 00:09:07 | learn how to do it because it's so easy |
| 00:09:05 | 00:09:10 | just watching the videos on my youtube |
| 00:09:07 | 00:09:11 | channel alone would be enough to equip |
| 00:09:10 | 00:09:13 | you with the information that you need |
| 00:09:11 | 00:09:15 | to approach these brands as a |
| 00:09:13 | 00:09:18 | professional i have videos toking about |
| 00:09:15 | 00:09:20 | how to optimize your amazon listing |
| 00:09:18 | 00:09:22 | keyword research how to have really |
| 00:09:20 | 00:09:24 | great amazon photos |
| 00:09:22 | 00:09:25 | all of that stuff it's here on my |
| 00:09:24 | 00:09:28 | youtube channel i've got an amazon |
| 00:09:25 | 00:09:31 | playlist go check it out it's free and |
| 00:09:28 | 00:09:33 | that's enough to approach these brands |
| 00:09:31 | 00:09:35 | because you have to think about it these |
| 00:09:33 | 00:09:36 | brands they're not amazon sellers they |
| 00:09:35 | 00:09:38 | don't know a thing about selling on |
| 00:09:36 | 00:09:40 | amazon they know they should but they |
| 00:09:38 | 00:09:41 | have other responsibilities they have |
| 00:09:40 | 00:09:44 | other things that they need to be |
| 00:09:41 | 00:09:45 | putting their time and attention into |
| 00:09:44 | 00:09:48 | and they would love if someone could |
| 00:09:45 | 00:09:49 | just walk on in send them an email and |
| 00:09:48 | 00:09:51 | say hey you know i know you've been |
| 00:09:49 | 00:09:52 | meaning to improve your amazon listing |
| 00:09:51 | 00:09:55 | and sell on amazon you don't have the |
| 00:09:52 | 00:09:58 | time but i do and i have experience and |
| 00:09:55 | 00:10:01 | i know how to do this and you know |
| 00:09:58 | 00:10:02 | that's how you secure them so this |
| 00:10:01 | 00:10:06 | you can learn that stuff it's really |
| 00:10:02 | 00:10:08 | easy to learn i learned this stuff like |
| 00:10:06 | 00:10:10 | six years ago and it honestly hasn't |
| 00:10:08 | 00:10:12 | changed when it comes to optimizing your |
| 00:10:10 | 00:10:14 | amazon listing all of that stuff none of |
| 00:10:12 | 00:10:16 | that's changed over the last six years |
| 00:10:14 | 00:10:18 | and if you want to take it one step |
| 00:10:16 | 00:10:20 | further and really equip yourself so you |
| 00:10:18 | 00:10:23 | can feel really confident to approach |
| 00:10:20 | 00:10:26 | these brands as a professional then take |
| 00:10:23 | 00:10:28 | a course courses are going to give you |
| 00:10:26 | 00:10:31 | so much confidence because you're really |
| 00:10:28 | 00:10:33 | learning this stuff comprehensively |
| 00:10:31 | 00:10:35 | the course that i took that taught me |
| 00:10:33 | 00:10:38 | about how to wholesale sell on amazon is |
| 00:10:35 | 00:10:39 | called the wholesale formula and it's |
| 00:10:38 | 00:10:41 | not available all the time it's only |
| 00:10:39 | 00:10:44 | available once per year but it's a good |
| 00:10:41 | 00:10:46 | course and it teaches you how to do all |
| 00:10:44 | 00:10:47 | this stuff how to optimize listings and |
| 00:10:46 | 00:10:49 | it also teaches you how to stay |
| 00:10:47 | 00:10:51 | organized when you're reaching out to |
| 00:10:49 | 00:10:53 | brands and communicating with them so if |
| 00:10:51 | 00:10:55 | you want to take things one step further |
| 00:10:53 | 00:10:57 | and really build a professional |
| 00:10:55 | 00:10:59 | wholesale business then you could take |
| 00:10:57 | 00:11:01 | you could consider a course not everyone |
| 00:10:59 | 00:11:03 | likes to take courses some people they |
| 00:11:01 | 00:11:06 | do really well just like learning on |
| 00:11:03 | 00:11:08 | their own and implementing but from my |
| 00:11:06 | 00:11:10 | experience the majority of people they |
| 00:11:08 | 00:11:12 | prefer to have that step-by-step |
| 00:11:10 | 00:11:14 | guidance |
| 00:11:12 | 00:11:16 | they prefer to kind of have someone hold |
| 00:11:14 | 00:11:16 | their hand and show them exactly what to |
| 00:11:16 | 00:11:18 | do |
| 00:11:16 | 00:11:21 | and that really boosts their confidence |
| 00:11:18 | 00:11:24 | to move forward and make |
| 00:11:21 | 00:11:24 | take action with their business |
| 00:11:24 | 00:11:29 | all right there's a helicopter outside |
| 00:11:27 | 00:11:30 | in the backyard so |
| 00:11:29 | 00:11:31 | we're just gonna have to wait a minute |
| 00:11:30 | 00:11:34 | until |
| 00:11:31 | 00:11:35 | they clear because it's quite loud |
| 00:11:34 | 00:11:38 | all right so we can summarize the |
| 00:11:35 | 00:11:42 | process of wholesale selling on amazon |
| 00:11:38 | 00:11:44 | in three steps number one is scouting so |
| 00:11:42 | 00:11:47 | you're going to be looking for awesome |
| 00:11:44 | 00:11:49 | products established with loyal |
| 00:11:47 | 00:11:51 | established customers on amazon so again |
| 00:11:49 | 00:11:52 | you're not looking for people who just |
| 00:11:51 | 00:11:55 | launched a product for the first time |
| 00:11:52 | 00:11:56 | have no reviews no historical sales |
| 00:11:55 | 00:12:00 | you're looking for established products |
| 00:11:56 | 00:12:02 | on amazon with reviews and sales data |
| 00:12:00 | 00:12:04 | and what kind of products can you look |
| 00:12:02 | 00:12:06 | for you can look for products in all |
| 00:12:04 | 00:12:08 | categories it's really you're not |
| 00:12:06 | 00:12:10 | limited to any one single category what |
| 00:12:08 | 00:12:13 | is important is that they are |
| 00:12:10 | 00:12:16 | replenishable wholesale products and |
| 00:12:13 | 00:12:19 | when i say replenishable i don't mean |
| 00:12:16 | 00:12:21 | consumer consumable products like |
| 00:12:19 | 00:12:22 | non-perishable products that's not what |
| 00:12:21 | 00:12:24 | i'm toking about when i say |
| 00:12:22 | 00:12:25 | replenishable i mean |
| 00:12:24 | 00:12:29 | products that |
| 00:12:25 | 00:12:33 | have sustainable supply and demand |
| 00:12:29 | 00:12:36 | so that you can reorder from the brand |
| 00:12:33 | 00:12:37 | uh continuously that's very important |
| 00:12:36 | 00:12:39 | you're going to need to look for |
| 00:12:37 | 00:12:41 | consistent sales |
| 00:12:39 | 00:12:42 | you don't want a product that's selling |
| 00:12:41 | 00:12:44 | really well one month not selling well |
| 00:12:42 | 00:12:46 | the next month and you're also going to |
| 00:12:44 | 00:12:48 | be looking for the estimated profit |
| 00:12:46 | 00:12:50 | margins so before you move forward with |
| 00:12:48 | 00:12:53 | contacting a brand you want to try and |
| 00:12:50 | 00:12:55 | calculate what would be my return on |
| 00:12:53 | 00:12:57 | this product because at the end of the |
| 00:12:55 | 00:12:59 | day profit is everything |
| 00:12:57 | 00:13:02 | number two sourcing |
| 00:12:59 | 00:13:05 | contacting the brand owners forging a |
| 00:13:02 | 00:13:07 | mutually beneficial relationship again |
| 00:13:05 | 00:13:10 | mutually beneficial this is so important |
| 00:13:07 | 00:13:11 | you're going to benefit by being able to |
| 00:13:10 | 00:13:13 | purchase their products at a wholesale |
| 00:13:11 | 00:13:15 | price you're going to try and negotiate |
| 00:13:13 | 00:13:17 | to become the authorized reseller of |
| 00:13:15 | 00:13:20 | their product so other people can't sell |
| 00:13:17 | 00:13:21 | their products on amazon and what you're |
| 00:13:20 | 00:13:23 | going to do in return is you're going to |
| 00:13:21 | 00:13:26 | really help improve |
| 00:13:23 | 00:13:27 | their brand assets on amazon improve |
| 00:13:26 | 00:13:29 | their listing |
| 00:13:27 | 00:13:31 | just improving their listing can improve |
| 00:13:29 | 00:13:33 | conversion rate overall which is going |
| 00:13:31 | 00:13:35 | to be a win-win for you |
| 00:13:33 | 00:13:36 | so we want win-win for everyone that's |
| 00:13:35 | 00:13:40 | the key and that's how you're going to |
| 00:13:36 | 00:13:42 | be able to score these relationships |
| 00:13:40 | 00:13:45 | with these brand owners and number three |
| 00:13:42 | 00:13:46 | selling this is the easy part once you |
| 00:13:45 | 00:13:49 | purchase the products at the wholesale |
| 00:13:46 | 00:13:51 | price you just sell them on amazon |
| 00:13:49 | 00:13:53 | really again it's easy because you don't |
| 00:13:51 | 00:13:55 | have to do the marketing these products |
| 00:13:53 | 00:13:56 | are products that are already selling |
| 00:13:55 | 00:13:59 | every single day |
| 00:13:56 | 00:14:01 | in high numbers and you just |
| 00:13:59 | 00:14:03 | sit back and enjoy the sales |
| 00:14:01 | 00:14:05 | and the only thing that you really have |
| 00:14:03 | 00:14:07 | to make sure that you're doing is |
| 00:14:05 | 00:14:09 | replenishing inventory you don't want to |
| 00:14:07 | 00:14:11 | run out of stok because even one day |
| 00:14:09 | 00:14:14 | out of stok means a loss of sales |
| 00:14:11 | 00:14:15 | potential sales for you so that's the |
| 00:14:14 | 00:14:17 | gist of it it's a very simple model |
| 00:14:15 | 00:14:20 | which is why i think it's a great option |
| 00:14:17 | 00:14:21 | for those just getting started |
| 00:14:20 | 00:14:22 | and |
| 00:14:21 | 00:14:25 | yeah i want to share with you guys and |
| 00:14:22 | 00:14:26 | if you want to learn |
| 00:14:25 | 00:14:28 | how to do this |
| 00:14:26 | 00:14:31 | the right way and just kind of get that |
| 00:14:28 | 00:14:33 | step-by-step guidance i do recommend the |
| 00:14:31 | 00:14:34 | wholesale formula you can go to |
| 00:14:33 | 00:14:38 | tatianajames.com |
| 00:14:34 | 00:14:40 | twf to learn more about it |
| 00:14:38 | 00:14:41 | i've been through the course i think |
| 00:14:40 | 00:14:43 | it's great of course it's going to teach |
| 00:14:41 | 00:14:45 | you how to add value to the brands but |
| 00:14:43 | 00:14:47 | more than that before that it's going to |
| 00:14:45 | 00:14:49 | teach you what to look for which brands |
| 00:14:47 | 00:14:51 | to reach out to and which ones to not |
| 00:14:49 | 00:14:53 | waste your time with |
| 00:14:51 | 00:14:55 | and also they have this this portion in |
| 00:14:53 | 00:14:58 | the course called va launchpad which |
| 00:14:55 | 00:15:00 | stands for virtual assistant launch pad |
| 00:14:58 | 00:15:02 | which teaches you how to hand off this |
| 00:15:00 | 00:15:04 | business to a virtual assistant which |
| 00:15:02 | 00:15:06 | you can hire |
| 00:15:04 | 00:15:08 | for really inexpensively and basically |
| 00:15:06 | 00:15:11 | they kind of build the business for you |
| 00:15:08 | 00:15:14 | and you just manage it so again it's a |
| 00:15:11 | 00:15:17 | business model that can be very hands um |
| 00:15:14 | 00:15:19 | hands off and i just recently |
| 00:15:17 | 00:15:21 | interviewed someone who |
| 00:15:19 | 00:15:22 | is doing 11 million dollars in sales |
| 00:15:21 | 00:15:24 | with this business model which just |
| 00:15:22 | 00:15:25 | shows that |
| 00:15:24 | 00:15:27 | there isn't really a cap i thought that |
| 00:15:25 | 00:15:28 | you'd be more limited with this business |
| 00:15:27 | 00:15:30 | model |
| 00:15:28 | 00:15:31 | i thought that there's more opportunity |
| 00:15:30 | 00:15:33 | with private labeling |
| 00:15:31 | 00:15:34 | and there can be because you make way |
| 00:15:33 | 00:15:37 | more profit margins with private |
| 00:15:34 | 00:15:39 | labeling but you can definitely scale |
| 00:15:37 | 00:15:41 | this business without having to invest |
| 00:15:39 | 00:15:43 | so much time alright guys so i hope you |
| 00:15:41 | 00:15:44 | enjoy this click the link in the |
| 00:15:43 | 00:15:47 | description box below to learn more |
| 00:15:44 | 00:15:48 | about the wholesale formula the course |
| 00:15:47 | 00:15:50 | that i recommend checking out if you |
| 00:15:48 | 00:15:53 | want to get into wholesale |
| 00:15:50 | 00:15:55 | and i'll also put a link down below for |
| 00:15:53 | 00:15:56 | other videos i tok about wholesale i |
| 00:15:55 | 00:15:58 | have a playlist for wholesale you can |
| 00:15:56 | 00:16:00 | check that out i have some interviews in |
| 00:15:58 | 00:16:02 | there people who've had success stories |
| 00:16:00 | 00:16:04 | with this business model which can be |
| 00:16:02 | 00:16:05 | always is encouraging to hear of other |
| 00:16:04 | 00:16:08 | people's stories |
| 00:16:05 | 00:16:13 | um and yeah that's it thank you so much |
| 00:16:08 | 00:16:13 | for watching and have a fantastik day |
