Interview With Amazon Wholesale Expert - Todd Welch
Firing The Man · with Todd Welch · April 7, 2020 · 40 min
Summary
This episode provides a foundational understanding of Amazon wholesale, a lucrative business model for entrepreneurs. Todd Welch, an expert in the field, breaks down how to identify profitable products, establish relationships with brands and distributors, and scale an Amazon wholesale business. Listeners will learn strategies for sourcing products and optimizing listings to drive sales and secure exclusive agreements.
Key takeaways
Focus on building strong relationships with both brands and distributors to secure better deals and exclusive selling rights on Amazon.
Prioritize products with existing, yet poorly optimized, Amazon listings to add value by improving them, which can lead to exclusive agreements.
Start with distributors to gain quicker access to a wide range of products, complementing direct brand relationships which can take longer to establish.
Implement 'reverse sourcing' by searching Amazon for products meeting specific criteria (e.g., $15+ price, multiple sellers) to identify wholesale opportunities.
Aim to secure exclusive agreements with brands by demonstrating your ability to increase their sales and improve their Amazon presence.
Episode 014 On today’s episode we interview Amazon Wholesale Expert Todd Welch. We get to find out Todd’s unique story and how he ended up in the wholesale business. Discover what Amazon Wholesale is and how to operate that business model (and scale). Todd's website --> https://www.entrepreneuradventure.com/ Todd's YouTube channel --> https://www.youtube.com/channel/UCeNVgygMlCnOYRf_799fLqg Resources mentioned in the episode: www.Tacticalarbitrage.com www.Pricech...
What does this episode say about amazon & marketplaces?
Focus on building strong relationships with both brands and distributors to secure better deals and exclusive selling rights on Amazon.
What does this episode say about founder & leadership?
Prioritize products with existing, yet poorly optimized, Amazon listings to add value by improving them, which can lead to exclusive agreements.
What does this episode say about supply chain & operations?
Start with distributors to gain quicker access to a wide range of products, complementing direct brand relationships which can take longer to establish.
What does this episode say about amazon & marketplaces?
Implement 'reverse sourcing' by searching Amazon for products meeting specific criteria (e.g., $15+ price, multiple sellers) to identify wholesale opportunities.
What does this episode say about amazon & marketplaces?
Aim to secure exclusive agreements with brands by demonstrating your ability to increase their sales and improve their Amazon presence.
