Ed. note: This type of product sourcing can be very profitable, so don't dismiss it until you try it!
U.S. consumers are living in a "throwaway" economy. This means that we buy lots of stuff, use it for a little while, and then replace it with other stuff. Or, we break it and it becomes worthless.
I'm always experimenting with all types of sourcing methods. Many of my peers scoff when I suggest that you (my dear reader) source stuff like ... broken calculators.
But here's the truth: [click to continue…]
The Wholesale Formula ("TWF") is a proven blueprint/system for sourcing and selling wholesale products profitably on Amazon. Its founders Dan Meadors and Eric Lambert sell over $11M annually on Amazon.
You're probably here because you're asking "is The Wholesale Formula legitimate, and does it work?"
The short answer is "yes" and "yes". But perhaps you need more info. So I wrote this post for you. (Full disclosure: I'm an affiliate partner of TWF, so I may be compensated if you purchase it)
If your questions aren't answered below, you can ask TWF themselves live Wednesday 7/26/17 and/or via their free official Facebook page
[click to continue…]
Ed note: You asked me for help with sourcing profitable, replenishable products for your Amazon business. Below is my review of the The Wholesale Formula for Amazon Sellers
The Wholesale Formula has opened enrollment and their free online workshop through July 27, 2017
Review of The Wholesale Formula (Scroll down for text)
Note: the video review is from July 2016. Since then, The Wholesale Formula and my bonuses have improved even more)
You're here because you're wondering "should I get The Wholesale Formula to grow my Amazon business?" or take it to the next level.
The short answer (my opinion) is [click to continue…]
It's been a LONG time that I've gotten this excited about an opportunity for us. (And this one has been sitting right under our noses).
It's about sourcing and selling used shoes on eBay. Don't balk at it - sellers just like you are making some serious profits, easily. And I'm not talking bout Air Jordans nor vintage Vans. No, these are 'everyday' shoes.
First let's do some background here. [click to continue…]
Here is training (for U.S. and Internationally-based sellers) that I wish wasn't made available for such a low price (because it's that good).
Barrington McIntosh is well-known in Amazon FBA seller circles. He's 100% legit, lives in Jamaica, sells a lot of products [click to continue…]
eBay pain solved! Sellers like us can be reluctant to list on eBay because of the time it takes to post a product - it's cumbersome.
I found a solution but it has risks if you're not careful. Wowlister (created by the guys at Joelister) is - last I checked - free to use. It takes any Amazon listing and puts the item for sale on your eBay account. (I can imagine a bunch of bottom-feeders are going to use it for that whole sleazy eBay and Amazon scheme.)
Here's how to use Wowlister ethically: If you have an item you want to sell on eBay AND the same item is in the Amazon catalog, use Wowlister to instantly put it up for sale on your eBay account. Then edit your eBay title and description so it's different from the Amazon listing (you don't want to infringe on anyone's copyright).
Also note that Wowlister will also duplicate the Amazon product photo(s) in the eBay description and photo section. So ensure you replace them with your own photos in your eBay listing.
Again, this isn't perfect but it does at least 1/3 of the work out for you. I receive NO compensation by referring you to Wowlister.
P.S. If you no of other FAST tools that you used and recommend, comment below!
There have been SOME cases of people hacking into sellers' Amazon account, re-routing the sellers funds to banks in different countries (yikes!) and more.
There are some almost fool-proof ways prevent this from happening to you:
1.) Change your password to a strong one (tips here) and, more importantly:
2.) Activate Amazon's two-step verification - Here's how to do just that from Amazon, or in plain English from my trusted partner: snip.ly/kkba8
What does 'two-step verifcation' mean? In short: you have an option to ensure that you (or anyone) who wants to log into your Amazon Seller Account - with your username and password - has to verify "it's really you" by receiving (say) a mobile text msg or phone call or email, for each log-in attempt.
(Video of Amazon Expert Stephen Smotherman)
Amazon and eBay sellers:
If you purchase any inventory from online or brick-and-mortar stores, this post is for you.
See, with your competition increasing (Amazon and eBay sellers buying the exact same deals as you, online and in-stores), the 'immediate reflex' is for all those sellers (including you) to drop prices. Follow suit and you'll cut [click to continue…]
I'm always looking to shave off a few seconds/minutes to routine tasks. Yes, it's a cliche' but SO true: Time is much more valuable than money - time is unrecoverable!
Thus, here are my top 8 productivity tools - all of them are free - that I use every day. I use a PC but some of them will work on a MAC, too.
[click to continue…]
(Click on the image to enlarge)
Many sellers and I have been discovering that Amazon does not always reimburse you for any inventory they damage or lose. They're supposed to do reimbursements 'automatically' but there's a whole lot they can forget. Which is where you come in: you have to ask (=file a case with Amazon).
I've received reimbursements of over $3200 in just a couple months. That's from about 1 year's worth of lost/damaged/improperly reimbursed inventory. Those reimbursements are paid to me just like Amazon's regular payments. There have been reports of $250,000+ annual sellers being reimbursed $3,000 to $10,000 at a time. [click to continue…]