The most common issues we see with newer Wholesale Amazon sellers is finding enough time to find profitable wholesale products or accounts while also working a full-time job or raising a family. Each can make things a bit tough, but ultimately it won’t hold you back as much as you think it will.
I’ve already talked about running an 80/20 analysis of your business and from that post I told you that 80%+ of your time should be dedicated towards sourcing products. The more you source, the better you become and the less amount of time it takes, moving forward, to source.
So how many hours do you actually need each week to start and grow your Amazon business? The truth is, not very much. Don’t think that I’m trying to entice you into believing that a wholesale Amazon business is “passive” or super easy, because it isn’t. It’s a real business that you’re starting and if you want to succeed at it, you’ll need to treat it as such.
What I typically ask of new sellers regardless of how much time they have each week is to focus on reaching out to at least 10 new suppliers each day. This alone ensures you’re making daily progress and “practicing” how to source better products. It will keep your supplier pipeline consistently full with ever profitable inventory.
If you’re not sure how to actually source wholesale products you can learn how here.
So you now know how to source amazing products and as long as you reach out to at least 10 new suppliers each day you’ll make more progress than 90% of Amazon sellers who work twice as long as you do. Pair that with a system like Vendrive and not only are you going to be highly effective with your sourcing, but you’ll ensure your supplier pipeline is is consistently full and that you’ll never run out of profitable products again.
Imagine your only problem being not having enough capital to spend on profitable inventory each month….
It really is the simple things that can have a profound impact on making you a six or even a seven-figure seller.
About The Author: Dillon Carter
Hi, with James, we're building Amazon tools that we wish we had when starting our own companies. We love tech, coffee, building systems and all things Amazon.
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