Amazon wholesale makes me $10,000+ per month in profit from home.
Copy this blueprint to get started ASAP (step-by-step):
Copy this blueprint to get started ASAP (step-by-step):
First things first.
You have to have solid suppliers that you can order from on a repeat basis.
There are two types.
Brands and distributors.
You have to have solid suppliers that you can order from on a repeat basis.
There are two types.
Brands and distributors.
We find our best brand leads using a tool called @SmartScout_com
Choose a product category then use these filters:
1) minimum number of sellers = 3
2) Amazon in stock rate = max 60%
3) monthly revenue estimate = $30k-500k
Choose a product category then use these filters:
1) minimum number of sellers = 3
2) Amazon in stock rate = max 60%
3) monthly revenue estimate = $30k-500k
@SmartScout_com This gives you a super targeted list of brands to contact.
Open each brand in a new tab and confirm these things:
1) existing FBA competition on most listings
2) listings not dominated by Amazon
Open each brand in a new tab and confirm these things:
1) existing FBA competition on most listings
2) listings not dominated by Amazon
@SmartScout_com Google the brand's contact info and send them a cold email asking to open a wholesale account.
(free email templates at the link in my bio)
(free email templates at the link in my bio)
@SmartScout_com We find our best distributor leads using good ol' Google.
Start by looking for distributors in your city.
If you live in a small town, look for regional suppliers.
Start by looking for distributors in your city.
If you live in a small town, look for regional suppliers.
@SmartScout_com Make sure they hit these 3 criteria:
1) carry brand name products that sell well on Amazon
2) primarily B2B
3) sell to retailers
1) carry brand name products that sell well on Amazon
2) primarily B2B
3) sell to retailers
@SmartScout_com Once you have some wholesale accounts opened, now it's time to source products.
Manual sourcing is the most effective method by far but will take tons of time and effort.
Manual sourcing is the most effective method by far but will take tons of time and effort.
@SmartScout_com Go through your supplier's website/price list line by line, comparing their pricing to Amazon's pricing.
Look for profitable arbitrage opportunities using a tool like AsinZen or @SellerAmp
Look for profitable arbitrage opportunities using a tool like AsinZen or @SellerAmp
@SmartScout_com @SellerAmp Next you'll want to establish a relationship with a 3PL (third party logistics company).
Essentially an outsourced warehouse.
They will receive your shipments from your supplier, prep them to Amazon's standards, and ship them to Amazon for you.
Essentially an outsourced warehouse.
They will receive your shipments from your supplier, prep them to Amazon's standards, and ship them to Amazon for you.
@SmartScout_com @SellerAmp Once Amazon receives your inventory, your products go live for sale in your storefront.
You will now make sales while you sleep, assuming your pricing is optimized.
We use a tool called @sellersnap_io that automatically adjusts our pricing to get us more sales.
You will now make sales while you sleep, assuming your pricing is optimized.
We use a tool called @sellersnap_io that automatically adjusts our pricing to get us more sales.
@SmartScout_com @SellerAmp @sellersnap_io The best part about this business?
We have 3 virtual employees that handle 90% of it for us.
I work from home.
I travel when I want.
And I live off the cash-back that we generate from spending hundreds of thousands per month on credit cards for our inventory.
We have 3 virtual employees that handle 90% of it for us.
I work from home.
I travel when I want.
And I live off the cash-back that we generate from spending hundreds of thousands per month on credit cards for our inventory.
@SmartScout_com @SellerAmp @sellersnap_io I have tons of free resources on my YouTube and at the link in my bio to help you replicate this model.
@SmartScout_com @SellerAmp @sellersnap_io Thanks for reading! RT the first tweet so others can learn the game.
@SmartScout_com @SellerAmp @sellersnap_io If you found this tweet helpful then you'll love my FREE course for finding your first (or next) wholesale supplier:
👇 bit.ly
👇 bit.ly
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