Unlock Your Amazon Selling Potential with the Wholesale Challenge
Overcome Selling Plateaus on Amazon
Are you struggling to boost your sales on Amazon? If you’re feeling stuck or hesitant about investing in wholesale inventory, the Wholesale Challenge is here to help. This comprehensive 7-day training program is meticulously crafted to enhance your Amazon selling skills and provide you with the tools you need to thrive in the competitive marketplace.
What You Will Learn in the Wholesale Challenge
This isn?t just another course; it?s an in-depth exploration of successful wholesale selling strategies. You’ll gain insights that transform challenges into opportunities, paving your way to Amazon success.
Day 1: Laying the Foundation
On the first day, we set the stage for your success. You?ll learn essential business structures, including how to obtain an EIN, establish a business bank account, create a professional email, build a website, set up a CRM system, and secure a shipping address along with a reseller permit. This foundational knowledge is crucial for anyone looking to excel in business.
Day 2: Mastering Supplier Discovery
Finding the right suppliers is key to your success. Day two focuses on identifying different types of suppliers?distributors, brands, and wholesalers. We provide a detailed brand criteria checklist and demonstrate effective methods for sourcing brand leads through platforms like SmartScout and trade shows. You?ll also learn how to organize supplier information efficiently for your CRM or Google Sheets.
Day 3: Effective Supplier Communication
Communication is vital in wholesale. On day three, we cover the dos and don?ts of contacting suppliers. You?ll learn how to follow up effectively and position yourself as a valuable partner. We provide proven email templates and share real-life examples of successful outreach, setting you up for success in internet marketing.
Day 4: Product Sourcing Strategies
Day four dives into the intricacies of sourcing products. Once you have access to pricing, we guide you through manual sourcing techniques, using UPC scanners with Analyzer.tools, and employing reverse sourcing strategies via Amazon and SmartScout. You?ll also learn how to submit Requests for Quotations (RFQs) and create effective Purchase Orders (POs).
Day 5: Navigating Shipping and Logistics
Shipping and logistics can be daunting. On day five, we share our experiences with prep centers and warehouses, helping you determine the best option for your business. You?ll learn how to manage shipments, including when to use SPD versus LTL/FTL, and how to facilitate direct shipping to FBA. We also introduce efficient methods using 2D barcodes for speedy wholesale preparation.
Day 6: Harnessing Virtual Talent
Scaling your business is possible with the right team. On the sixth day, we focus on leveraging virtual assistants (VAs) to grow your operations. You?ll understand the organizational structure of a successful wholesale business, the pros and cons of hiring VAs versus domestic employees, and the key performance indicators (KPIs) to track. We provide resources for hiring VAs and share lessons learned from extensive hiring experiences.
Day 7: Comprehensive Recap
The final day is dedicated to bringing all the knowledge together. We recap the essential lessons learned throughout the week and ensure all your questions are thoroughly addressed.
Guest Expert Insights
Throughout the challenge, you will also benefit from guest interviews with industry experts:
- Chris Potter shares best practices for e-commerce accounting.
- Patrick Whitten discusses collaborating with top-tier prep centers.
- Marlon Peralta provides insights into supplier outreach and effective email marketing.
- Barbara Drazga covers strategies for creating profitable product bundles.
- Criselda Suarez offers a masterclass on utilizing virtual assistants effectively.
Join the Community
To access the course replays, be sure to join our Facebook group and participate in live sessions. This community support is invaluable as you embark on your journey to becoming a successful Amazon seller.
Ready to elevate your Amazon business? Don’t miss out on the Wholesale Challenge. Start your journey today by visiting our shop and explore our offerings in self-improvement, trading, and lifestyle and health.
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