Wed, 23 September 2015
Scott loves bringing case studies to the TAS community. It’s one of the best ways to see what’s working, the hurdles that Amazon sellers face every step of the way, and the kind of success that everyday people can achieve if they are willing to take action. This conversation is with a long-time friend of Scott’s who has been around since the beginning of this podcast. Bill has moved from retail arbitrage to private label sales and his first product is now selling 30 units a day or more. How did Bill do it? Scott’s got all the details for you in this episode.
Many people have great success doing the legwork required to pull of a successful retail arbitrage business, but Bill feels he’s not the kind of person who’s cut out for it. He was able to make some money but found some of the limitations and difficulties involved in arbitrage to be hurdles he didn’t want to have to get over. When he got into private label sales he enjoyed the kind of research, product sourcing, and brand building required and found it much more aligned with the kind of work he wanted to do. Find out all the details of retail arbitrage VS private label sales in this episode.
Large Chinese product sourcing companies like Alibaba make it easy for Amazon sellers to find products that match their criteria. But sourcing products from them also has its disadvantages. Bill saw that if he sourced his products from a common source like that, they could be easily imitated or even hijacked, so he went another route. How did he go about it? By going directly to a manufacturer. You’ll have to listen to the entire episode to find out all the details!
Scott’s guest today is a student in his Private Label Classroom and followed Scott’s recommended launch sequence. As a result he’s getting those 30 sales a day in record time! It’s a proven system that works when you take it step at a time, and Bill’s story proves it. Find out how Bill went about launching his product, got reviews, used PPC, and much, much more on this episode of The Amazing Seller.
The guy you grab a drink with after work is probably not going to understand your entrepreneurial spirit. Your parents or siblings may not get it. But you’ve got to have the support and encouragement all the same. Where do you find it? In a mastermind or discussion group that is focused on accomplishing the same type goals you are. Scott has created his TAS Facebook community to help Amazon Private Label sellers come around each other for support, encouragement, tips, and help. You’re free to join, anytime. Listen to this episode or use the links below to become part of the group.
LINKS MENTIONED IN THIS EPISODE
www.TheAmazingSeller.com/FB - the TAS Facebook Community
Scott’s private label classroom - www.PrivateLabelClassroom.com