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#777: Student lives in Bankok and has built an incredible business selling on Amazon US

Silent Sales Machine Radio · with Fino · February 1, 2024 · 39 min

Summary

This episode unveils a unique Amazon FBA "replens" strategy: sourcing products internationally from Thailand to fulfill existing profitable listings in the US. The guest, Fino, shares how he built a $60,000/month business in a year by identifying underserved Amazon ASINs using tools like Keepa and RevSeller, despite the complexities of international shipping. This offers an unconventional yet highly actionable model for experienced Amazon sellers looking for new sourcing frontiers.

Key takeaways

Themes

amazon & marketplacessupply chain & operationsfinance & fundraisingfounder & leadership

Topics covered

amazon fbareplens strategyinternational sourcingkeeparevsellersellerboardprofitability analysisthird-party sellers

Episode description

Today's guest is a ProvenAmazonCourse.com and coaching student living in (and from) Bangkok. He's followed the REPLENS training and has built an amazing business as you'll soon hear. I was blown away at his unique approach and how he's overcome what some would see as merely obstacles (English as his second language, lives outside the US but sells successfully on Amazon.com in the US, local currency weak against US dollar etc.) Those who pay attention to this episode today however should come away with two conclusions: I don't have any excuse to NOT be doing this business model, and... The way our guest "Fino" does the business should unlock incredible new possibilities in your mind. Episodes like this one really validate that we are in an incredible age of massive opportunities! Watch this episode on our YouTube channel: https://youtu.be/1PfLBZiIcVs This episode is sponsored by the https://JimCockrumCoaching.com team! We have nearly 60 coaches currently. Set up a time to chat with us about coaching if you are ready to speed up your journey towards having a real business that you can be proud to own. Get a free session with a business consultant on our team at 1-800-994-1792 or set up a calendar date at <a class="ProsemirrorEditor-link" href="https://ko296.infusionsoft.com/a

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Frequently asked about this episode

What does this episode say about amazon & marketplaces?
Leverage Keepa to identify existing Amazon ASINs with strong sales history and unmet demand, focusing on products you can source at a profitable margin.
What does this episode say about supply chain & operations?
Explore international sourcing opportunities for unique products that can be shipped to the US to fulfill existing, well-performing Amazon listings.
What does this episode say about finance & fundraising?
Utilize tools like RevSeller for real-time profit calculations directly on Amazon product pages to quickly assess the viability of a replenishable product.
What does this episode say about founder & leadership?
Implement a profit tracking system like SellerBoard to monitor ASIN performance and overall business profitability, especially when dealing with international shipping costs.
What does this episode say about amazon & marketplaces?
Prioritize selling against established, high-performing listings rather than launching new products to minimize risk and accelerate sales velocity as a new seller.

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