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#623: A beautiful partnership leads to an amazing Amazon business

Silent Sales Machine Radio · with Brad and Georgia · April 19, 2023 · 85 min

Summary

This episode features Brad and Georgia, a partnership successfully generating $30,000/month on Amazon using retail arbitrage and the Replens system. They share their journey, highlighting the importance of community, coaching, and an optimized prep and ship process from a home garage. This is a great listen for anyone looking to start or scale an Amazon FBA business, particularly those interested in retail arbitrage and efficient home-based operations.

Key takeaways

Themes

amazon & marketplacessupply chain & operationsfounder & leadership

Topics covered

amazon fbaretail arbitragereplens modelecommerce coachingllc setupprep centerswarehouse optimizationside hustle to retirement

Episode description

Today's guests have built a fantastic Amazon business with a very part-time effort. They source their profitable inventory in various ways; via online sourcing, local retail and they are also beginning to explore private label products. They are the latest of dozens of ProvenAmazonCourse.com students that I've interviewed lately who have succeeded in a big way. They also joined our coaching program about a year ago and attribute most of their success to the great experience they've had as coaching students. Today's guests have an unusual partnership. He's a guy with a full-time job and his partner is a nearby friend/family member who is retired - but together their business is booming and they have so many tips to share! Special guest at the conclusion of today's show, Jeff Schick of JeffSchick.com answers the question: Can a seller actually get themselves into trouble with Amazon by reporting other sellers and attempting to build a case against other sellers? Hear all the episodes you've been missing at SilentJim.com/podcast Show note LINKS: TheProvenConference.com - Mark your calendar for this July 6th-8th! Our LIVE event has more content and training than ever before .... ! We expect hundreds of provenamazoncourse.com students and listeners of our podcast to be there! Proven Amazon Course - https://ProvenAmazonCourse.com - Are you ready to be success

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Frequently asked about this episode

What does this episode say about amazon & marketplaces?
Brad started his Amazon journey after discovering the 'Silent Sales Machine' book and subsequently joining the Proven Amazon Course and coaching program, emphasizing the value of structured learning and mentorship.
What does this episode say about supply chain & operations?
The duo has built a diversified business, with a core focus on the Replens system, generating a significant income with good margins by consistently restocking profitable products.
What does this episode say about founder & leadership?
Georgia, in her seventies, actively manages the warehousing and prep process, demonstrating that age is no barrier to building a successful e-commerce business and highlighting the importance of efficient operational layouts, even in a home garage.
What does this episode say about amazon & marketplaces?
They advocate for retail arbitrage, urging listeners not to overlook local and regional stores for profitable inventory, and they utilize a prep center to streamline their operations, avoiding the need to handle online purchases themselves.
What does this episode say about amazon & marketplaces?
One pro-tip for new sellers is to set up your LLC in your own state to avoid complex foreign entity registrations and benefit from tax-free purchasing.

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