Most Expensive Lessons Learned from Experienced Amazon Sellers - Kris Gramlich & Dustin Kane From Sellozo (Part 1)
Firing The Man · with Kris Gramlich & Dustin Kane · August 17, 2021 · 38 min
Summary
Amazon FBA sellers, Dustin Kane and Chris Gramlich share their most expensive lessons learned from 7 years in the game. This episode is packed with actionable advice on everything from product selection and sourcing to brand building and exit planning, especially for those navigating the Amazon marketplace. Learn how to mitigate risks and scale your Amazon business effectively.
Key takeaways
Prioritize brand registry and trademarking early to establish permanence and protect your Amazon business, rather than operating with a 'side hustle' mindset.
Implement a multi-supplier strategy with backups for critical products to avoid supply chain disruptions and ensure business continuity.
When launching new products, start with small, manageable inventory investments (e.g., a couple hundred dollars) to test the market before committing significant capital.
Avoid electronic products on Amazon FBA due to high return rates and customer support issues related to setup and functionality.
Reinvest profits from proven selling products directly back into scaling those successful items to maximize growth and profitability.
Episode 86 In this 2-part interview, we talked with Kris Gramlich and Dustin Kane from Sellozo to discover the strategies, mindsets, and ways that they applied to become successful in the e-commerce space. They also shared their journey to becoming Amazon sellers, the challenges they needed to overcome along the way, the wins--no matter how small--that they had celebrated, and the next steps for them and for their business. Don’t miss this episode and learn from experienced Amazon se...
What does this episode say about amazon & marketplaces?
Prioritize brand registry and trademarking early to establish permanence and protect your Amazon business, rather than operating with a 'side hustle' mindset.
What does this episode say about supply chain & operations?
Implement a multi-supplier strategy with backups for critical products to avoid supply chain disruptions and ensure business continuity.
What does this episode say about founder & leadership?
When launching new products, start with small, manageable inventory investments (e.g., a couple hundred dollars) to test the market before committing significant capital.
What does this episode say about amazon & marketplaces?
Avoid electronic products on Amazon FBA due to high return rates and customer support issues related to setup and functionality.
What does this episode say about amazon & marketplaces?
Reinvest profits from proven selling products directly back into scaling those successful items to maximize growth and profitability.
