In under 2 minutes you'll learn 5 tips from a wholesale seller who sells $150M/year on Amazon

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Ever wondered what it takes to sell 9 figures per year on Amazon?

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It takes an entirely different mindset, skillset, and business structure.

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I sat down with a friend of mine who sells over $150M/year with wholesale.

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Here are his top 5 tips.

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1) Don't burn bridges ever

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This guy works with some BIG brands.

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Sometimes brands leave him to work with one of his competitors.

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But a few of those brands end up coming back.

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He's glad he never burned any bridges.

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​2) Small fixes = big gains

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For him, a 0.5% increase in efficiency can result in thousands of dollars in extra profit.

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The example he gave: optimizing your FBA shipments.

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• Using 2D barcodes

• Shipping via FTL

• Negotiating rates with freight brokers

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These are all things he/his team are doing to optimize their operation.

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(when it comes to optimizing FBA shipments I use an all-in-one tool called Boxem. Check out this video for how it can save you tons of time and cash)

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3) Reinvest early & often

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To truly scale wholesale you need to reinvest your profits.

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Especially in the early stages.

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He's pocketing millions per year in profit but he had to reinvest for years first.

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4) Negotiate hard

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He knows you make your money when you buy.

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So he's not afraid to play suppliers against each other.

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Do whatever you need to do (ethically) to get the best price.

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5) Build referral relationships

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He specializes in Baby and Apparel.

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Any time a brand contacts him outside one of those categories, he refers them to a friend.

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This makes his friends want to refer business to him.

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And he usually gets a nice kickback to boot.

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PS:

Hope you enjoyed this newsletter article!

If you're ready to transition to wholesale (or take your existing wholesale biz to the next level) then click here.