AF186 - Wholesale is Easy and Affordable
People have limiting beliefs about money and personal finances all the time, and Amazon business owners are no exception. For instance, if you do retail arbitrage on Amazon and are thinking of pivoting to wholesale for the first time, you might already be thinking the words “I can’t afford that.” Starting wholesale on Amazon can be overwhelming, but stopping yourself from trying because of a limiting belief kills your Amazon business’s potential to succeed even before you try.
It’s time to flip the script on wholesaling and change “I can’t afford that” to a powerful mindset that will take your Amazon business to new heights.
Today, I discuss how limiting beliefs hinder you from growing your Amazon business and how you can change your money mindset. I explain why wholesaling on Amazon is way more affordable than you think and share a few tips to help you make smart business decisions. I reveal why many online businesses fail and the reason people give up their businesses at the first sign of a setback. I also describe how you can deal with different challenges on Amazon, including market competition, and underscore the power of taking small but consistent steps towards your dreams.
“How you think about money is the key to having more or less of it.” - Kristin Ostrander
This week on the Amazon Files:
- Our limiting beliefs about personal finances and common myths about money
- How limiting beliefs sabotage our success
- Deciding to grab the steering wheel and take control of your finances
- How to flip the script and reset your mindset about wholesaling on Amazon
- Why Amazon sellers feel overwhelmed when they come to wholesale for the first time
- The importance of knowing your business’s numbers and how much you’re spending each week on inventory
- The relationship between time and money
- How wholesaling can really impact your business
- Where to find wholesale vendors and how to do business with them
- The reason you shouldn’t bother selling big-brand items
- Dealing with competition and market saturation in Amazon
- Why only one in 10 online businesses succeed
- The power of taking small, consistent steps towards building and growing your business
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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 Amazon expert and your host, 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 #300 to join us on Facebook. Each week, Kristin hosts 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.
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