Q&A: Wholesale Sourcing for Amazon (The Wholesale Formula)

I sat down with the founders of http://TheWholeSaleFormula.biz and asked the questions you want to know. Topics covered:

00:00:31 - How private label and retail arbitrage can be problematic for resellers; and how sourcing wholesale (the right way) can remedy that.

00:01:58 - Does sourcing wholesale to resell on Amazon work if the reseller is outside the U.S.?
(International sellers please also see: http://bit.ly/InternationalWholesale)

00:04:40 - Does The Wholesale Formula help International Sellers?

00:05:00 - Can you start Wholesale sourcing with a smaller budget?

00:07:15 - Why do some Amazon sellers quit too early? (Why is hearing 'No' from brands a good thing?)

00:11:30 - What kind of web site do you need to prove to the brand owner you're a reputable seller?

00:15:40 - The importance of 'giving' to a brand/manufacturer (instead of asking and taking)

00:16:25 - Should you immediately ask for an exclusive (be the only seller on Amazon for the brand owner)

00:19:00 - Do you focus sourcing with a niche?

00:22:00 - What about dropshipping? (how it's different from sourcing wholesale)

00:23:10 - Jordan's nightmare story about dropshipping

00:24:00 - Do you source products already on Amazon, for reselling? Or do you try to introduce new products?

00:24:55 - Why avoid products already sold by Amazon?

00:26:10 - What are The Wholesale Formula's sourcing criteria (Also covered in Day #3 at the top of page: TheWholesaleFormula.biz, until Feb. 1 2018)

00:32:40 - How Jordan's bonuses help 'fill in the gaps' for Wholesale Formula students
(also see http://jordanmalik.com/twfbonus)

00:34:00 - Why you don't have to personally see nor receive the inventory you source from wholesalers

00:37:00 - Why a 100% net profit margin for retail arbitrage is not as appealing as (say) a 25% profit margin from wholesale-sourced products

00:39:25 - A big problem with Retail Arbitrage

00:43:20 - *** The DANGER of buying a wholesale list online ****

00:48:00 - The list you can get from me or The Wholesale Formula (Important: It's not what you think!)

00:52:00 - How resellers of all sizes are enjoying The Wholesale Formula

All info at: http://TheWholesaleFormula.biz

Видео Q&A: Wholesale Sourcing for Amazon (The Wholesale Formula) канала Jordan Malik