Mike Corbishley's journey from a corporate job to a 7-figure Amazon private label seller highlights the potential of Amazon as a primary income source. This episode delves into his progression from arbitrage to private label, offering a detailed look at the strategies and mentorship that propelled his business to $1.3 million in sales, providing a roadmap for aspiring and current Amazon entrepreneurs.
Key takeaways
Transitioning from retail/online arbitrage to private label is key for scaling and long-term success on Amazon, as demonstrated by Mike Corbishley's $1.3 million private label business.
Leverage mentorship and learning resources (e.g., Chris Green's "Retail Arbitrage") to build foundational knowledge and guide your Amazon selling journey.
Focus on developing a clear business model, initially through arbitrage, then evolving to private label to achieve significant revenue milestones like 7-figure sales.
Strategic Amazon FBA utilization and effective product sourcing are critical for scaling an Amazon business from a side hustle to a full-time, profitable venture.
Consider the financial and lifestyle implications of transitioning from traditional employment to full-time Amazon entrepreneurship, as Mike and his wife successfully did.
Mike Corbishley met Andy in 2014 through a shared mentor, Chris Green, author of Retail Arbitrage. He started selling on Amazon through retail and online arbitrage, and eventually learned the art of Private Label. Mike was able to leave his corporate job in 2017, AND his wife was able to quit her job, too! In 2019 they reached the 7-figure seller status selling $1.3 million in private label products. Find out more about his business model in this episode of the Amazon Seller Podcast! Don't forget to check out our services to help you dominate on Amazon: ---> The Magic Image & Listing Service: https://www.amazingfreedom.com/magic ---> Amazon Reimbursement Service: https://www.amzprofessional.com ---> Amazon Sponsored Ads Management: https://www.amazingfreedom.com/ppc ---> Amazon Arbitrage Selling Group: https://www.amazingfreedom.com/arbitrage
What does this episode say about amazon & marketplaces?
Transitioning from retail/online arbitrage to private label is key for scaling and long-term success on Amazon, as demonstrated by Mike Corbishley's $1.3 million private label business.
What does this episode say about founder & leadership?
Leverage mentorship and learning resources (e.g., Chris Green's "Retail Arbitrage") to build foundational knowledge and guide your Amazon selling journey.
What does this episode say about supply chain & operations?
Focus on developing a clear business model, initially through arbitrage, then evolving to private label to achieve significant revenue milestones like 7-figure sales.
What does this episode say about amazon & marketplaces?
Strategic Amazon FBA utilization and effective product sourcing are critical for scaling an Amazon business from a side hustle to a full-time, profitable venture.
What does this episode say about amazon & marketplaces?
Consider the financial and lifestyle implications of transitioning from traditional employment to full-time Amazon entrepreneurship, as Mike and his wife successfully did.
