Sep 16, 2019
As entrepreneurs, the fear of the unknown can often stop us in our tracks. This fear is often what prevents us from trying something new, like getting started with wholesale - even when that new thing can have a massive positive impact on our bottom line.
So, how do you know if your business is ready for wholesale bundles? How long do you need to sell products on Amazon before taking the brave step into wholesale?
On today’s episode, we discuss the process of getting your business ready to sell wholesale bundles. We share the best way to prepare your first wholesale shipment and how to get it out to customers in a timely fashion. We also share how to avoid decision fatigue when you’re first starting to sell bundles and why you should stick to using just one wholesaler initially.
“Consistency is the key. You want to make sure you’re consistent.” - Amy Feierman
This Week on the Amazon Files:
- Steps to get your business ready to order wholesale goods legitimately
- How to manage the finances for your business
- Why business cards are always a good idea
- Why you need to practice your first box shipment
- The importance of taking timescales into account
- Why you need to continually evaluate and tweak your systems
- How much you should invest in wholesaling initially
- Why you need to get ahead of the game and learn the specialist vocabulary of wholesale vendors
- What the ‘bundle’ mindset is and why you need it
- The importance of research to your profit margins
- How to manage your time when transitioning into wholesales bundles
Resources Mentioned:
Related Content:
Smash Your Amazon Competition, Double Your Income!
Are you tired of going from store to store to look for inventory just to see other sellers offer it a few months later? Do you want to smash your competition and double your Amazon sales this year? Double your sales without the unnecessary cashout! We’re going to share with you the strategies we used to reach the six-figure business we’re currently running through wholesale bundles. If you’re serious about growing your business, go to www.MommyIncome.com/wholesalebundles.
Grow Your Amazon Business!
Thanks for tuning into this week’s episode of The Amazon Files, the show to help Amazon seller along their business journey one step at a time with your hosts and Amazon experts, Amy Feierman and Kristin Ostrander. If you enjoyed this episode, head over to Apple Podcasts, subscribe to the show and leave us your honest review. Don’t forget to share your favorite episodes with your friends on social media! Use the codeword ReadyToBundle to join us onFacebook. Each week we host a live discussion on how to grow your Amazon business. Don’t forget to check out our website and subscribe to our mailing list for even more resources.