Wholesale for Amazon FBA [How To Make Wholesale More Profitable]

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As a business owner, you’re always looking to increase profits, right? There are three key factors to making more money with wholesale and they are not what you think. We are going to dive deeper into wholesale on The Amazon Files to help you boost your wholesale profits. Whether you are new to wholesale or are a seasoned vet, this show is a must watch.

******* 3 Keys to Making Wholesale More Profitable ********

#1 - Vendor Relationships

• Meet them in person at shows
• Pick up the phone
• Ask if they represent any other vendors (rep groups)
• Talk with them about best selling items, what people often buy together
• Send POs instead of internet orders
• COMMUNICATE
• ASK for catalogs, specials, closeouts

#2 - Capitalizing on Discounts

• Terms
• Dating
• Pre-order
• Post-dated orders
• Volume discounts
• Watch the emails and be ready to order when discounts are available

#3 - Bundles

• With bundles you do not have to have low margins
• ASK your rep what sells well together
• Ask the rep about best sellers
• Look at the catalogs, look for themes
• Think evergreen and seasonal

WATCH:

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Want to Learn More?
Buy Inventory Without Losing Money

Are you afraid of losing money when you purchase inventory? With our Smart Sourcing Guide, you can learn how to make the best buying decisions that reduce your risk and help you get the best ROI possible. Learn our step-by-step process for sourcing products the right way! Download your Smart Sourcing Guide at https://www.mommyIncome.com/smart.

Jumpstart Your Amazon Business Today!
Are you ready to jumpstart your Amazon business but don’t know how? We can guide you step by step through easy-to-understand video instructions for your Amazon business must-haves. We’ve got everything you need in one place -- from setting up your Amazon account to shipping your items to Amazon fulfillment centers. Go to https://www.startFBAtoday.com to start your exciting Amazon journey.

Discover the Ease & Simplicity of the Wholesale Bundling System
Don’t know where to start in your wholesale bundling Amazon business? We teach a lot of different strategies for searching wholesale bundles and creating your own unique bundles. Learn the A to Z of Amazon wholesale bundling through Mommy Income’s Wholesale Bundle System. Visit https://www.mommyIncome.com/system for more information.

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 https://www.mommyIncome.com/joinus with the code word from this show to start interacting with our community.

Grow Your Amazon Business!
Thanks for tuning in to this week’s episode of The Amazon Files, the show to help Amazon sellers along their business journey one step at a time with your hosts and Amazon experts, Amy Feierman and Kristin Ostrander. Don’t forget to share your favorite episodes with your friends on social media!