This episode reveals how a married couple built a mid-six-figure Amazon FBA business with 20% net margins through a fully outsourced replenishment model. Learn their system for using Keepa to consistently identify profitable inventory and how they're transitioning into brand building. This is a blueprint for achieving a nearly automated and highly profitable Amazon business.
Key takeaways
Implement a fully outsourced model for Amazon FBA to free up time and scale operations, focusing on strategic oversight rather than daily tasks.
Develop a systematic approach using tools like Keepa to reliably generate lists of replenishable inventory, ensuring a consistent supply of profitable products.
Explore brand building avenues even with a successful reselling business to diversify income streams and increase long-term asset value.
Aim for specific financial metrics like 20% net margins in your Amazon business by optimizing sourcing, operational costs, and inventory turns.
Consider leveraging your expertise by becoming a coach or creating educational content after achieving significant success in your Amazon ventures.
Today we meet a married couple who have an incredible Amazon business story! They started out as ProvenAmazonCourse.com students and now our coaching team has grown with both of them now on board as coaches! They have a fully outsourced Amazon business model - meaning they aren't doing any packing or shopping themselves. It's pretty incredible. Better yet, they have a system that they've devised (using keepa in a creative way) to generate lists of sourceable REPLEN inventory ideas anytime they want to! They have an amazing income stream from Amazon that's nearly fully automated. It's a healthy mid-six figures business with approx a 20% net margin. Today's guests: Brian and Robin Olson Check out this episode sponsor - Payoneer.com. Skip the credit checks and learn more about bringing your eCommerce vision to life by visiting https://Payoneer.com/funding. Our podcast listeners get a special 10% fee rebate on their first offer! Watch this episode on our YouTube channel: https://youtu.be/4YYy9f_Yic0 Show note LINKS: SilentJim.com/KeepaList- Brian's new course that shows you exactly how to use keepa to generate lists of profitable inventory with a predictable and methodical strategy. ProvenAmazonCourse.com- the only course you'll ever need. Includes all Amazon training modules that we'll ever create (and all the ones we've ever created) ProvenBrandBuilding.com - PAC students get in for only $29, or wait a coup
What does this episode say about amazon & marketplaces?
Implement a fully outsourced model for Amazon FBA to free up time and scale operations, focusing on strategic oversight rather than daily tasks.
What does this episode say about supply chain & operations?
Develop a systematic approach using tools like Keepa to reliably generate lists of replenishable inventory, ensuring a consistent supply of profitable products.
What does this episode say about founder & leadership?
Explore brand building avenues even with a successful reselling business to diversify income streams and increase long-term asset value.
What does this episode say about finance & fundraising?
Aim for specific financial metrics like 20% net margins in your Amazon business by optimizing sourcing, operational costs, and inventory turns.
What does this episode say about amazon & marketplaces?
Consider leveraging your expertise by becoming a coach or creating educational content after achieving significant success in your Amazon ventures.