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I Discovered This New Method Of Selling On Amazon (it's epic)

Published on: December 2 2022 by Tatiana James

I Discovered This New Method Of Selling On Amazon (it's epic)

I Discovered This New Method Of Selling On Amazon (it's epic)

hey everyone it's tatiana and today i'm
going to be sharing with you
a new method of selling on amazon unlike
anything that i've shared before on this
channel
so if you don't already know there are
many different methods
that you could go about selling on
amazon
and to each their own everyone kind of
picks what they want to do
and some have more perks than others
depends on the situation for example
retail arbitrage is one way of selling
on amazon
the benefits is that you can get started
with very little cash
the drawbacks is that it's not a
scalable business you know you really
have to trade your time for money you
have to hustle
uh versus private labeling requires more
of an upfront investment requires more
from you as an entrepreneur
requires you to market your products but
the
the benefits is that there is no ceiling
on it you know the sky is the limit you
can really build your brand
uh to seven figures eight figures sell
your business eventually
so that's a really lucrative business
model but
for many people it can be a struggle so
there are many
benefits and drawbacks to each method
and i've discovered
a new way of selling on amazon that has
been around for a long time but i'm kind
of kicking myself in the butt that i
hadn't heard about it before um because
it's one of those things that when you
hear about it and you understand the
method
it just makes so much sense and you
you're excited to get started you want
to get started right away
so personally myself i'm actually
starting this business model
as a way to create a new stream of
income for myself that's independent of
all my other streams of income
and i also just want to document and
share the results with you so i'm going
to be taking you along with me as i land
my first wholesale account
and the results of that be them positive
or negative we want full transparency on
this channel
so uh let's dive into it i just want to
share with you a little bit about what
this
method is i'm by no means an expert but
i'm going to share with you what i know
to date
and it's called reverse sourcing
wholesale
so you may have heard of wholesaling
before and i have as well
and the reason why i never care to
investigate or learn more about
wholesaling on amazon
is because i was always under the
impression that that's really how
what i would have to do in order to
wholesale on amazon
and also the idea of really like you're
you're going to these
brands you're sifting through a catalog
of products and then you're trying to
find a product
that could potentially you could sell it
on amazon and it's just
it's time consuming and it doesn't
really make a ton of
sense in terms of like like what for me
when i'm about to sell a product and
pick a product to sell on amazon
via private label i go to amazon first
to tell me what's the data is this
product
already selling well on amazon and is
there data to back that
up because i'm not going to go and spend
my time and resources
including my my my time as a resource my
energy
my money to sell a product that i don't
have any level of certainty that it will
sell there's never you're never going to
be 100 confident that a product is going
to be a success
doesn't exist in business however you
can mitigate your risk and you do that
by
looking at the data you do that by
looking at other people selling those
products
and so um the difference between the
traditional wholesaling and reverse
sourcing wholesale is
basically the reverse of the traditional
way of wholesaling
and so the idea is you go to amazon
and using a specific set of criteria
criteria you are looking for
products that are selling well and
you're looking for the brands of these
products that are selling
well even off amazon they could be
selling well and if they're not
already selling on amazon you could uh
request to
to sell their product on amazon but the
idea is is unlike
private labeling you're not building
your own brand so you don't have to put
in that
upfront work you don't have to get
creative you don't have to invest your
time and money to market the product
these brands have already done that
right so they have committed that
and what you're doing is you're kind of
going and approaching these brands
and saying hey i would like to wholesale
your product i would like to become an
authorized wholesaler of your product
of your brand and um
so you're kind of piggybacking off of
these brands and that's why this this
method is a bit of a shortcut
because again you don't have to go
through this whole timely
time consuming process of finding a
product to sell on amazon finding the
manufacturer
um and then selling it on amazon and
working your butt off to market the
product although
private labeling is amazing you can
build a very successful business
that way this way of selling on amazon
is
a bit faster because you're already
looking to sell products that are
already selling well on amazon
so let's say you know you approach brand
a and brand a says yes please do become
a wholesaler
and then you buy 200 units from brand a
because that was a misconception that i
had
a lot of these brands they don't have
you know you don't have to spend 30 000
in inventory you can spend 500 inventory
to get started with a wholesale account
so you spend 500 buy some products and
then you
piggyback off of their listing on amazon
you're not creating a whole new listing
you're using what's there
and you're selling those products and
from day one you can be making sales
because
the products already selling so you can
use tools like helium 10 and jungle
scout
to check out and determine how many
units a day is this product selling and
create get an accurate estimate of how
many you can antikipate to sell
and you're you know immediately like hey
i could be selling 20 units of this per
day
that's great the moment that you start
winning the buy box on amazon you start
making sales
so um it just makes a lot of sense it's
fast um economically it's not a massive
investment
and it's very low risk because if you do
the research to find a product that's
selling well
worst case scenario is you just sell out
of the inventory if you want to move on
from that product
and you know it's going to sell out
because again you did your research the
data proves it
now you might be asking well why would
someone want you to become
a wholesaler of their product and the
way that you do it is by adding
value so a lot of these brands they're
not actually
selling their products on amazon they
have distributors they have other people
selling their products on amazon
and you'll see like for example some
really popular brands in the supermarket
or at walmart and they're dominating
they're doing really good in retail
but when you look at their listings on
amazon they're getting destroyed by
the amazon competition because they
don't put any time and energy into their
amazon listing they don't even know what
their amazon listing looks like
and so what you do is when you approach
these brands
you add value to them you say i want to
become an authorized wholesaler of your
brand
and i want to add value to you i can
help
you grow your sales on amazon
increase your revenue i can help you
have better brand recognition
and you do that by sharing with them
what you know about selling on amazon
and if you already are doing private
labeling such as myself who
you already have experience private
labeling this is a perfect complement to
your existing business
because you know how to create an epic
title you know how to input keywords
into the listing you know
how to create amazing pictures which is
everything for amazon
your images are everything it's it's
equivalent to what packaging
is for a retail product so you have
so many skills that a lot of these
companies they
don't have someone who has these skills
and they would love if you can put those
skills to use
and improve their listing and you
actually can make changes to their
listing
so that's how you kind of score a
wholesale account and so
um yeah this business model the reason
why it's so interesting to me
is because um just how simple it is to
get started you really just need a
resale
uh license so that you're allowed to
resell
products and you don't have to pay
double sales taxes
and then you just need to score a
wholesale account and the reason why a
lot of people don't do this
is because they aren't used to the
rejection
it's very common that uh when you're
trying to land a wholesale account
and you the the brands ask you where do
you plan on selling the products and you
say amazon
they will say no thank you we already
have enough amazon sellers
and oftentimes they have a negative
experience with amazon sellers because
then they end up in some ways hurting
the brand's reputation
the price gets lower and lower the
listing quality is not good
so oftentimes they kind of have a sour
taste in their mouths with amazon
sellers but what you do is you show them
that
you're more than that and you want to
really add value to them and really want
to help them grow their business
because it's a win-win that way
and so you just have to get used to
turning a no
into a yes rather than just accepting
each note that you get
and i think that's the reason why a lot
of people don't do this
is because when they get a no they feel
discouraged and then they just
withdraw and they just stop trying to
build this business
and i think that's the key with this
business is understanding that probably
most people will
not want you initially to be a
wholesaler
but it's easy to turn that around if you
can show them the value
that you'll add and once again that's
why if you have experience with fba
or if you've just been watching my
videos on this youtube channel you
already know a lot
about how to make an epic amazon listing
how to
drive sales to your amazon listing so
you have so much that you can contribute
to these brands
so this is the business model in summary
i'm not an expert so you know forgive me
if it wasn't
perfectly artikulated but i wanted to
keep it short and i just want to share
with you
just this initially i'm going to be
sharing more on this to come
because i'm going to be starting this
business model myself and i'm going to
be sharing with you the results of that
um and what i want to share with you is
that the way that i'm
learning how to build this business is
through a program
called the wholesale formula and so this
is a really awesome
course it's not too long because the
business model isn't
super complex however it's very detailed
and it's it's really great it takes you
step by step
it eliminates the fear of approaching a
brand
even if you have no experience
whatsoever you've never sold anything
online in your life
it will give you the confidence to
approach these brands
give you a script on how to communicate
with them
and so much more so this program is
amazing and the challenge is that this
program is only available once per year
because the two guys who made it i
interviewed and i actually had them on
this channel you can go
and watch those interviews if you wish
i'll link them in the description box
below
their names are dan and dylan and
they're super
experienced wholesalers and they've done
over 30 million dollars in sales on
amazon's just with this method alone
their primary business is selling on
amazon but they had
so much that they learned that they
created a course
but the course is not their primary
business so they're only
so they only sell it once per year
because they don't want to focus on it
all year round
so they only open a time once per year
where the course is available and they
commit a lot of time to
helping people and sharing and sharing
the course with them
but if you don't get it during that one
window where you can buy it then you
can't buy it any other time of the year
you have to wait a whole year
until you can get access to it because
they're busy working on their other
stuff on their on their main business
so i want to share this with you guys
because this date is approaching
if not now when i release this video
i'll put the dates in the description
box below and also a link on how you can
get access to this course
and then you can learn further details
on their their page where you can learn
about what's included in the course what
you're going to learn the cost
all of that stuff but yeah i just wanted
to make sure that you guys are aware of
this
because i know that later on i'm going
to be sharing videos about wholesaling
and i know you guys are going to be
asking me well where did you learn to do
this
where how can i learn to do this i want
to i want to take a step-by-step
course i don't just want to watch random
youtube videos
and my recommendation would be the
wholesale formula but
if you didn't buy it during the time
that it's open then you won't be able to
access it
any other time throughout the year you'd
have to wait a whole year to get access
to the course
so i just want to give you guys a heads
up on that
um you can uh click the link in the
description box of this video
again to learn more about the program
but uh yeah that's that's essentially it
i'm really excited about this because
um you know it's i
love passive income and
you know passive income like truly
passive income
the only source that i can really think
about is my investments
uh when i invest into stoks that pay
dividends and those dividends that i
receive like that is passive income
but next to that i mean selling on
amazon
that is fairly passive if you can
compare that to a regular job where
you're actually trading your time for
money
you know selling on amazon yes you have
to invest
up front you have to invest your time
and some resources
but once you establish yourself then
it's fairly passive where you only have
to commit maybe an hour per week just to
manage it and monitor it
because it's very easy to outsource
pretty much all aspects of the business
to a team whether locally or virtually
um as i did and sometimes people ask me
even just yesterday i was doing a live
stream on instagram someone asked me how
do you manage so many businesses
because i do have multiple businesses
and i have many streams of income
and the answer is that you focus on one
you focus on one for example my first
you know focusing on just
selling an e-commerce product on amazon
private labeling
master that get it to a point where it's
you know being consistent with revenue
sales automate it so that you have
customer support you have
staff in place where you when you need
them to run the business
and you have processes set up so that
you know inventory replenishment like
all of that stuff is kind of taken care
of
and maybe you only need to invest an
hour a week to just
check up on it and do some management
and then that way you can focus on the
next thing and then you build that up
and then you can focus on the next thing
and then you build that up
but if you focus on all everything at
once you're just
it's going to be a total disaster so the
key is to focus on one thing at a time
and so that's how i'm able to build
multiple streams of income and have
multiple business running
simultaneously is because i've been able
to build them up
and that's the beauty of having an
online business is that it can be fairly
passive
and the wholesale formula the reverse
sourcing wholesale
is extremely passive from what i've
learned so far and that's why i'm
willing to take it on
as a new business because at this stage
in my life i'm not as focused on
business if you guys follow me on
instagram you'll know this
i i my values have shifted a lot uh over
the last year
and before i really prioritized success
and business but now i've really
prioritized my
relationships my health my spirituality
and so that's where my focus is
and so i'm not as focused on business so
the reason why i'm willing to take on
this business is because it's fairly
passive
if it involved a lot of my time and work
i would i don't care for the money
i don't need to do that so um just want
to share that with you guys
okay thank you so much for watching if
you have questions about this comment
down below i'm always happy to answer
your questions
especially when i first released a video
i'm definitely a lot more active
in the comments section but stay tuned
for more about reverse
sourcing wholesale and again guys check
out the link in the description box for
the wholesale formula program which is
only available for a very limited time