May 14, 2018
Have you ever purchased a wholesale product only to realize it isn’t moving off the shelves as fast as you originally anticipated? What do you do with that inventory that simply isn’t selling as well as you would like? Many new and experienced Amazon sellers experience the natural ebbs and flows of moving product inventory and the challenges associated with sourcing great products that will sell well in their Amazon store. Wholesale bundles are an amazing way to impact the growth of your Amazon business, move inventory that didn’t sell well individually as well as meet your customer’s needs and their desire for shopping convenience.
On today’s episode, we share how we got started in wholesale bundling, our top reasons we decided to sell wholesale bundles on Amazon, and the impact this decision has made for the growth of our business. We explain how bundling products have helped us reduce competition and improve customer retention while offering product varieties and mitigating risks associated with selling on Amazon. We also share tips on how you can start bundling products in your Amazon store, how bundled products help prevent price tanking, and how wholesale bundling can help you identify the items your customers truly want.
“You can turn a failure into a success with bundles.” - Kristin Ostrander
This Week on The Amazon Files:
- How bundling wholesale products help reduce competition.
- How bundling helps prevent price tanking.
- How bundling products cater to your customer’s desire for convenience.
- How bundling products help you identify replenishable items.
- Why customers prefer purchasing bundled products.
- The best category to start bundling products.
- How bundles help mitigate risk.
- The importance of establishing a good tracking system while submitting new products to Amazon.
- Overcoming the fear of losing money on a product.
- How bundles help identify what customers truly want.
- What are “value-add” products?
- How bundling helps you scale your business and achieve location and financial freedom.
- Challenges associated with Retail Arbitrage and Wholesale Arbitrage.
- The benefit of working with prep centers that are willing to bundle your products.
- How bundling inspires creativity.
- How to pack your bundled products.
- When to invest in pay-per-click advertising.
- Setting goals with your wholesale bundles.
- What to consider when purchasing wholesale seasonal items.
- SEO and keyword strategies.
- Legitimate ways to use GTINs and UPCs on Amazon.
- How to decide how many items to include in your bundled products.
Confident Wholesale Bundling in Philadelphia!
We are bringing the Confident Wholesale Bundles Workshop to Philadelphia this July! We want you to experience the best kind of bundling confidence to move your business forward. Best of all - you will be able to implement what you learned from the Confident Wholesale Bundles Workshop the next day at the Philly Gift Show! There are only 20 seats available so head over to MommyIncome.com/philly to grab your spot now!
Discover the Wholesale Bundles System
Are you ready to start your wholesale bundling journey? Learn our proven system for confidently - and profitably - offering wholesale bundles on Amazon to grow your business, increase your revenue, and improve your life! Head over to MommyIncome.com/System to register for our Wholesale Bundles System course today!
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 cash out! 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.
Got Questions?
Shoot your questions on our Facebook Group! we’ll be happy to answer your questions, listen to your vents, and encourage you to carry on in the right direction. Join our community where you can interact with sellers of all levels -- from people who are starting their Amazon journey to those who have been full-time sellers for years. Go to MommyIncome.com/joinus with the code word Smash to start interacting with our community.
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 iTunes, subscribe to the show and leave us your honest review. Don’t forget to share your favorite episodes with your friends on social media! Visit us on Facebook each week for a live discussion on how to grow your Amazon business and check out our website for even more resources.