Podcast appearances and mentions of dan meadors

We've all read those huge success stories of entrepreneurs who've struck gold using 'Fulfilled By Amazon' but replicating that kind of success isn't easy. Dan Meadors and Dylan Frost's new training program The Wholesale Formula is here to change all that! More details at https://muncheye.com/dan-meadors-dylan-frost-the-wholesale-formula-4 MunchEye City: London Address: London Office 15 Harwood Road, , London, England United Kingdom Website: https://muncheye.com/ Phone: +1-302-261-5332 Email: support@ampifire.com

With The Wholesale Formula by Dan Meadors and Dylan Frost, you'll learn everything you need to create and grow your Amazon sales business! Find out more at: https://muncheye.com/dan-meadors-dylan-frost-the-wholesale-formula-3 MunchEye City: London Address: London Office 15 Harwood Road, , London, England United Kingdom Website: https://muncheye.com/ Phone: +1-302-261-5332 Email: support@ampifire.com

Today I sat down an interviewed Dan Meadors who has been a friend of mine for close to a decade. Dan is a successful Amazon seller and the co-founder of The Wholesale Formula. Dan is a self-proclaimed “side-hustle guy” and his business journey over the past few years is full of big mistakes but also big wins. Even if you're not interested in selling on Amazon, Dan's story is sure to inspire you to look at your problems as opportunities for growth, creative thinking, and opportunity. Dan started selling with Amazon in 2011 while working full time at a gaming company. After being fired from his job, he had the choice to look for another job or pursue Amazon selling full time. He chose to focus solely on Amazon. Dan ended up getting lucky with one of the products he was selling but as competition for the product grew, Dan came to the realization that other sellers were doing a much better job than he was and what had started out as a lucky break turned into a “catastrophic mess”. Luckily, Dan is a creative thinker and really made the best of some stressful situations by thinking outside of the box and avoiding colossal losses. In our conversation, Dan shared some of the creative solutions he came up with to some of the stressful situations he found himself in and how each mistake ultimately led to opportunity and growth in his business. Eventually Dan came up with a new approach for selling on Amazon and this approach is what really took his business to the next level and he went from making about 1.8 million per year to almost 7 million per year in sales. Eventually, people started asking him how he did it, and that's when The Wholesale Formula was born. Now, in addition to selling on Amazon, Dan teaches other people how to be successful in online wholesale. In this episode, Dan also shared some advice for anyone else interested in doing what he does. I hope that as you listen you'll find some inspiration from Dan's journey. In this episode, we'll cover: -How getting fired led Dan to being a full-time Amazon seller -Dan's early ventures with Amazon and the mistakes he made along the way -How a lucky start turned into a catastrophic mess -How Dan's creative problem solving kept him from a colossal loss -Dan's new approach and how it brought him to success -Dan's strategy to convince brands to work with him and how he went from 1.8 million in sales per year to almost 7 million -The challenges that came with quick business growth -How giving up control of some areas paid off (literally) -Safeguarding your business in the midst of major change -How Dan and business partner, Dylan, ended up creating The Wholesale Formula -The launch of The Wholesale Formula -How Dan's own business grew and benefited from The Wholesale Formula -Finding opportunity in the midst of difficulty -Is there still opportunity in the world of online selling? Dan's advice for anyone who wants to sell on Amazon -How to become a real Amazon seller in just six weeks SHOW NOTES: https://insidethelionsdenpodcast.com/podcast/episode78 CONNECT WITH ARYEH: Apply to Work with Me Instagram @aryehthebusinessman Future Fund | The guilt-free flexible plan to build financial wealth + freedom

Want to start a business from home that allows you to earn passive income from day one? Grab The Wholesale Formula by Dan Meadors & Dylan Frost! Find out more at: https://muncheye.com/dan-meadors-dylan-frost-the-wholesale-formula MunchEye City: London Address: London Office 15 Harwood Road, , London, England United Kingdom Website https://muncheye.com/ Phone +1-302-261-5332 Email support@ampifire.com

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They say that someone is only as good as the tools they're using. With this in mind, today's episode is something a little different; we asked several Amazon experts to share their top reseller tools with us for success at selling via Amazon FBA! We dive straight in with Kim Coghlan and the listing, sourcing, reporting tool that she can't live without, plus how a repricer is one of the highly valued assets in the toolbox of her success. Next, we chat to the hugely knowledgeable Dan Meadors from the Wholesale Formula, who has some resources up his sleeve that will make your seller's life immeasurably easier when it comes to wholesale sourcing or contacting a brand with a level of tangible value. Next, the listener can hear about the surprising thing that saves Jo Ann Zimmerman a lot of time and money, and we discuss the difference between the previously free version of Keepa and the value we're getting now it's paid for. We've packed all this valuable information into just one bite-sized episode for you. From the staples we can't live without, to some powerful and specific tools that the experts are using, tune in now so our top reseller expects can help you grow your Amazon business to the success it deserves!

Do you have questions about the wholesale model? Is it still viable on marketplaces like Amazon and Walmart? Today's expert guest shares his answers.

The Wholesale Formula’s Dan Meadors brings us his latest strategies and accolades for a Helium 10 tool designed specifically for wholesale sellers.

Selling products wholesale on Amazon can seem like a daunting undertaking -- not only because it seems like there are so many people who are already doing it, but because there are pervasive myths around aspects of the wholesaling industry that make it seem almost impossible to get started. Dan Meadors joins us on today’s show to debunk five of the most common myths and to offer advice and encouragement to those who want to start their own wholesale business. Among other topics, we discuss the benefits of using third-party logistics/prep centers, the flexibility in the Amazon model that will allow you to play to your strengths, why you should see “no” as an opportunity, and the importance of setting yourself apart by showing potential brands how you can add value to their brand in unique ways. Dan shares stories of students of his who started their own very successful wholesaling businesses while working full-time jobs. If you’re eager to take the leap, tune in to today’s episode.  

Dan Meadors is the cofounder of the Wholesale Formula and also has a full service Amazon agency. Join Dan's community. We discuss how best to grow sales, avoid common sourcing mistakes, and where private label and reverse wholesale collide.How does private label and reverse wholesale work? Developing products.How do you grow sales?Do all marketing areas. Done is always better than perfect.Mistakes you've experienced or seen, that others learn from.Bought a retail arbritrage item that too many other sellers also boughtWhen doing wholesale sourcing research, find product where there is space on Amazon not being served. Find products with lack of competition. Dan started w/ RA, failed w/ PL - and discusseds the challenges that led him to reverse wholesale. What's the current business model you guys use, and how is it different than more traditional wholesale? The types of wholesale, problems with other models, how it relates to a lot of the same thing that PL sellers already do.What makes this model different than Private Label? Cost, Speed to Market, Investment Time, Risk, Budget)Aren’t you just selling other people’s product? Dan's answer: Assets, Exclusivity, Cashflow, Monetizes A Skill You Already Have.Private label can incorporate Reverse Sourcing Wholesale into their business.Dan and Dylan are both from one of the poorest parts of the country - Southeastern Kentucky. They ended up landing pretty decent paying jobs, at least for around here and were considered to be doing really well by the standards of our area. In 2011, the CFO at Dan's company told Dan he was quitting his job. Dan couldn't believe it because he knew the CFO was making a six figure salary.. When Dan asked him why he would ever quit his job, the CFO told him he was making more money selling stuff on Amazon than he was as CFO and so he was just going to do that full time. Dan was shocked and asked him to prove it. So his CFO took him to Walmart and taught him the basics of Retail Arbitrage. That was enough for Dan and so he started pursuing the RA model for himself. He spent his nights and weekends in stores scanning or at home packing and prepping. And it worked. Within four months, he was making enough money to quit his job too. He reinvested every dollar he could back into the business and that's how he grew. By 2012, Dan had a million-dollar business. But the honest truth was that it wasn't really a "business," it was a j-o-b. It wasn't sustainable. If he wasn't working, he wasn't making money. So he had to work, and work hard, all. the. time. When Dan came to this realization that something had to change, he brought Dylan onto his team and that's when they discovered the reverse sourcing wholesale model. And once they started pursuing that method and left RA behind, they tripled the business in size in the first year to $3 million in sales. The next year, it doubled again to over $6 million in sales. And this was an actual business - a scalable, sustainable, passive income model where they didn't have to work in it for it to run like a machine. Today, Dan & Dylan work less than 4 hours per week in that business. They have totally outsourced it so that the business runs and continues to grow for them. Their business has now done more than $30 million in sales, million in profit and sold more than 500,000 products.Support the show (https://www.paypal.com/paypalme/myamazonguy)

Making the transition from a retail arbitrage business model to a 100% wholesale model was not something that Dan ever envisioned when he first started selling on Amazon, but when Dan learned about the power of wholesale, he made the transition and has never looked back. As our first-ever returning guest, Dan talks about transitioning from retail arbitrage to the wholesale model, strategies for getting a "yes" from wholesale suppliers who repeatedly say no, and how to scale a wholesale business for your Amazon FBA account. His formula for success is one of adding irresistible value, and in a world where brands desperately need sales, they will pay attention to sellers who can help them solve problems and boost their online presence. If you want to learn more about getting into wholesaling and forging the right wholesale and brand partnerships, this episode is not to be missed!

Wholesale sourcing does not have to be so hard. Most people who want to get into Amazon wholesale selling have met with the same old methodologies. But on today’s show, we’ll discuss a different formula for getting wholesale on Amazon right, which includes a simple, tried-and-tested model for reverse wholesale sourcing. Today, Stephen interviews Dylan Frost from The Wholesale Formula. Dylan, together with his business partner Dan Meadors, has achieved impressive results and is now teaching others the secrets to his success. Dylan shares how Dan first introduced him to wholesale on Amazon and how he soon felt confident enough to leave his day job, which was becoming increasingly unfulfilling. Dylan discusses how their formula differs from the traditional approach, the steps newcomers should take to get started, what kind of time you should be prepared to invest in the early days, and why it can be as simple as finding one good wholesale account to potentially change your life!

Amazon Wholesale vs Private Label Amazon wholesale vs private label is not one of the more famous debates in ecommerce- but it deserves to be. How do Amazon wholesale and  Amazon wholesale compare as  business models? Many come to private label from no ecommerce background; sometimes Amazon resellers find private label another a next step really helpful to move on to from retail or online arbitrage. However, there can be hidden challenges with the Private Label model. Trent Dyrsmid is founder of Flowster , an SOP/process documentation and task management app which contains a marketplace of 50-60 free processes(mostly for Amazon sellers); and founder of WEBS,  Wholesale eCommerce Business Systems, a complete set of processes for creating and running an Amazon Wholesale business. Trent fell into some classic private label traps. Then he heard about Amazon "reverse sourcing" wholesale and his business took off. Today, Trent discusses his Experiences of Amazon Wholesale vs Private Label and compares the two business models for Amazon sellers. You'll learn about [keyword] why even well-funded entrepreneurs should avoid competitive products on Amazon Why Amazon wholesale appealed instead Warren Buffett's rule #1 and how it applies to wholesale How fast you can get started with Wholesale sourcing -and why this matters The #1 people skill required in wholesale why it's easier to outsource wholesale product research How wholesale makes it easier to get started part -time the risk profiles of the two business models Resources mentioned Flowster- SOP/process documentation and task management app. Contains marketplace of 50-60 free processes The Wholesale Formula (by Dan Meadors and Dylan Frost) WEBS,  Wholesale eCommerce Business Systems, a complete set of processes for creating and running an Amazon Wholesale business Offer for listeners/readers Flowster free- Up to 5 workflow templates (SOPs) without payment- In marketplace about 50-60 templates that are free- Or you can create your own from scratch (up to 5 SOPs)- Multiple SOPs- Or buy WEBS - - Wholesale ecommerce business systems Valuable things for free SOP - brand recall search ($109 - coupon code - free for audience - email Michael here for the code) Be super prepared - Finding Wholesale competitors on Amazon ($149 - coupon code - free; email Michael here for the code) On-demand webinar - offer for “WEBS Wholesale Ecommerce Business Systems! - Collection of 75-80 SOPs that Trent's team relies on to run Amazon business $2500- Scaled down version - product sourcing for professionals $379 Related posts about Amazon Wholesale Amazon wholesale business with Dylan Frost of The Wholesale Formula Amazon wholesale  with Dylan Frost of The Wholesale Formula Wholesale sourcing for Amazon with Dan Meadors of The Wholesale Formula Amazon wholesale marketing with Dan Meadors of The Wholesale Formula Amazon Wholesale sourcing with Dillon Carter of Vendrive.com Amazon Wholesale Process with Trent Dyrsmid of Flowster   Watch Amazon wholesale vs Private Label with Trent Dyrsmid

Introduction to Amazon Wholesale Processes What is the best process for Amazon wholesale? Amazon wholesale sourcing is a business model that many resellers find really helpful to move on to from retail or online arbitrage.  It requires less money to start than private labelling and is lower risk too. But the big Achilles heel of Amazon wholesale is the fact that you need to contact so many potential wholesale partners to sell you product. Trent Dyrsmid is founder of Flowster , an SOP/process documentation and task management app which contains a marketplace of 50-60 free processes(mostly for Amazon sellers); and founder of WEBS,  Wholesale eCommerce Business Systems, a complete set of processes for creating and running an Amazon Wholesale business. Trent has nailed down processes to handle this. Here he discusses his journey and the processes he had to develop to scale his Amazon wholesale business. You'll learn about [keyword] The business skill Trent learned in his first job that is the foundation of his Amazon wholesale sourcing process How Trent got into Amazon selling Why Trent decided to focus on Amazon wholesale What Trent learned from podcasting that he applied to his wholesale sourcing The number one thing Trent did before taking action The thing Trent did instead of prospecting for wholesale accounts personally the number of people Trent's team contacted in the first 6 months via this method What Trent's "email-to-booked-call" ratio is and why it's so important The main thing that Trent learned at a trade show that meant he could craft a pitch to perfection The power of serendipity meets iteration at trade shows! What "Green dot" theory is and what it means for business innovation When you need an SOP Why Trent set up Flowster Why you should NOT hire experts How to get "Grade A results" from "Grade C" people Resources mentioned Flowster- SOP/process documentation and task management app. Contains marketplace of 50-60 free processes WEBS,  Wholesale eCommerce Business Systems, a complete set of processes for creating and running an Amazon Wholesale business Google Docs The Wholesale Formula (by Dan Meadors and Dylan Frost) email Michael here for the code) Flowster free- Up to 5 workflow templates (SOPs) without payment- In marketplace about 50-60 templates that are free- Or you can create your own from scratch (up to 5 SOPs)- Multiple SOPs- Or buy WEBS -- Wholesale ecommerce business systems Valuable things for free SOP - brand recall search ($109 - coupon code - free for audience - email Michael here for the code) Be super prepared - Finding Wholesale competitors on Amazon ($149 - coupon code - free; email Michael here for the code) On-demand webinar - offer for “WEBS Wholesale Ecommerce Business Systems! - Collection of 75-80 SOPs that Trent's team relies on to run Amazon business $2500- Scaled down version - product sourcing for professionals $379   Related posts about Amazon Wholesale Amazon wholesale business with Dylan Frost of The Wholesale Formula Amazon wholesale  with Dylan Frost of The Wholesale Formula Wholesale sourcing for Amazon with Dan Meadors of The Wholesale Formula Amazon wholesale marketing with Dan Meadors of The Wholesale Formula Amazon Wholesale sourcing with Dillon Carter of Vendrive.com   Watch Amazon Wholesale Processes with Trent Dyrsmi

Ecommerce Business Processes Dillon Carter has made good money building an Amazon wholesale business alongside finishing a college degree AND co-founding a SaaS company, Goaura.com !  He has done this thanks to the power of having clear and detailed  Processes in his eCommerce business. Dillon and I discussed the power of processes, particularly as they relate to e-commerce and specifically, Amazon wholesale sourcing. The bad news is of course that some of us - myself included - are not naturals at creating and following business processes. The great news is - according to Dillon - is we can all get there - if we really want and need to! You'll Learn The powerful insight you'll get by having a process and documented stages to your processes in your eCommerce business processes The power of identifying your biggest bottleneck in the business Why "Working in your business" can be a valid thing to develop your business processes Why everyone can build systems - and if you're ambitious enough, why you'll HAVE to get there! How to start with your biggest pain - and turn it into a system so you can get it off your desk! The importance of giving your staff ownership of a task or process once you hand it over Why "it's all in my head" can be the biggest bottleneck of all - even in substantial businesses! The game that Dillon plays against himself to develop efficient processes When NOT to hire a person to do a task Resources mentioned Vendrive - CRM system for managing Amazon wholesale GoAura - Intelligent repricer for Amazon resellers The E-Myth Revisited by Michael Gerber Work the System by Sam Carpenter Related Podcast episodes Amazon wholesale business with Dylan Frost of The Wholesale Formula Amazon wholesale  with Dylan Frost of The Wholesale Formula Wholesale sourcing for Amazon with Dan Meadors of The Wholesale Formula Amazon wholesale marketing with Dan Meadors of The Wholesale Formula Some links on this page may be affiliate links. I am highly selective about our partners and only recommend or have an affiliate relationship with known and trusted people with excellence in a particular skill set, and a solid team and reputation.  I don't and wouldn't recommend anyone or any service to you that I wouldn't recommend to a friend privately.

Ecommerce Business Processes Dillon Carter has made good money building an Amazon wholesale business alongside finishing a college degree AND co-founding a SaaS company, Goaura.com !  He has done this thanks to the power of having clear and detailed  Processes in his eCommerce business. Dillon and I discussed the power of processes, particularly as they relate to e-commerce and specifically, Amazon wholesale sourcing. The bad news is of course that some of us - myself included - are not naturals at creating and following business processes. The great news is - according to Dillon - is we can all get there - if we really want and need to! You'll Learn The powerful insight you'll get by having a process and documented stages to your processes in your eCommerce business processes The power of identifying your biggest bottleneck in the business Why "Working in your business" can be a valid thing to develop your business processes Why everyone can build systems - and if you're ambitious enough, why you'll HAVE to get there! How to start with your biggest pain - and turn it into a system so you can get it off your desk! The importance of giving your staff ownership of a task or process once you hand it over Why "it's all in my head" can be the biggest bottleneck of all - even in substantial businesses! The game that Dillon plays against himself to develop efficient processes When NOT to hire a person to do a task Resources mentioned Vendrive - CRM system for managing Amazon wholesale GoAura - Intelligent repricer for Amazon resellers The E-Myth Revisited by Michael Gerber Work the System by Sam Carpenter Related Podcast episodes Amazon wholesale business with Dylan Frost of The Wholesale Formula Amazon wholesale  with Dylan Frost of The Wholesale Formula Wholesale sourcing for Amazon with Dan Meadors of The Wholesale Formula Amazon wholesale marketing with Dan Meadors of The Wholesale Formula Some links on this page may be affiliate links. I am highly selective about our partners and only recommend or have an affiliate relationship with known and trusted people with excellence in a particular skill set, and a solid team and reputation.  I don't and wouldn't recommend anyone or any service to you that I wouldn't recommend to a friend privately.

Amazon Wholesale Sourcing Dillon Carter has made good money building an Amazon wholesale sourcing business alongside just finishing his college degree. He managed to do that because Dillon identified the key bottleneck in his business: managing the relationships with wholesale suppliers in a scaleable way. To deal with this, Dillon and his co-founder developed in-house CRM software, Vendrive,  which they have since made available to other Sellers on Amazon who source wholesale. Today Dillon shares with us the basics of his take on the Amazon wholesale sourcing model. You'll Learn What Amazon wholesale sourcing is and why it's very worth doing, especially for those with less experience/less capital what reverse sourcing is The real block to getting this Amazon sourcing model working (hint: it's not about selling!) The one "human" way that wholesale sourcing differs from sourcing via Retail Arbitrage or Online Arbitrage (RA/OA) The difference between a "value transaction" and a "human transaction" when you're sourcing wholesale- and why you should be aiming to lose one of them! The 3 key skillsets you need to use specifically for wholesale sourcing, to win the account Why you should LOSE value...for free...to make money (confused? Listen to the episode!) The CAC: LTV ratio - what it is, and how you can use it to think about your Amazon Wholesale business Resources mentioned Vendrive - CRM system for managing Amazon wholesale Related Podcast episodes Amazon wholesale business with Dylan Frost of The Wholesale Formula Amazon wholesale  with Dylan Frost of The Wholesale Formula Wholesale sourcing for Amazon with Dan Meadors of The Wholesale Formula Amazon wholesale marketing with Dan Meadors of The Wholesale Formula Some links on this page may be affiliate links. I am highly selective about our partners and only recommend or have an affiliate relationship with known and trusted people with excellence in a particular skill set, and a solid team and reputation.  I don't and wouldn't recommend anyone or any service to you that I wouldn't recommend to a friend privately.

Dan Meadors entered the Amazon marketplace in 2011. After just a few months, he saw the real potential of selling on Amazon, left his day job to become a full-time Amazon wholesaler, and is now the co-founder of The Wholesale Formula. Now a multi million-dollar Amazon seller and an Amazon marketplace master, Dan is passionate about sharing his knowledge with others who are just as driven to succeed. Together with his team of experts at The Wholesale Formula, Dan dedicates his time to teaching others how to grow and scale their own wholesale-based Amazon businesses.

Dan Meadors started out working a regular day job in a small town in Kentucky. In 2011, he began selling on Amazon with only $600 and grew it into a multi-million-dollar business in just a few short years.  We discuss: Triggers that launch us into much bigger things [2:07] How to overcome the fear [and shame] of being fired by becoming the person you always wanted to be [4:56] The most natural thing you could do for your retail business that nobody tells you [6:30] How to remove yourself from your business [18:41] The Wholesale Formula: Creating the right path for people [20:08] A business model that lets you eat Thanksgiving dinner with your kids [22:32] Today, Dan owns a business that has sold over 500,000 products on Amazon, done well over $20 million in sales, has generated millions in profit, and only works ONE HOUR per week due to the unique business model he created that allows him to almost completely automate the entire business. Dan now uses his freedom to teach people all over the world his exclusive business model through his elite online training program known as The Wholesale Formula. Learn more about Dan at  Facebook (https://www.facebook.com/TheWholesaleFormula/) . Brief Description of Gift A free walkthrough of the Wholesale Formula  URL for Free Gift https://thewholesaleformula.com/smashingplateaus (https://thewholesaleformula.com/smashingplateaus) Thank You to Our Sponsor: SiteHub www.smashingtheplateau.com/sitehub (http://www.smashingtheplateau.com/sitehub)

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[powerpress_player] How Dylan & Dan got to the money to start their Amazon wholesale business You can start an Amazon wholesale business with $250-500 (Dylan and Dan started with a $600 credit card limit!) In the early days, Amazon paid out daily (now it's every 2 weeks in the USA) Within 4 months of starting their Amazon wholesale business, Dan got fired from his day job. They honestly started with 10 credit cards which were interest-free for the first year They also got a $10,000 line of credit from the bank They don't advise starting with debt now for their new students! Capital required to replace day job income of say $50K/year with Amazon wholesale sourcing If you can invest $2000 at 30% ROI month on month, for a "perfect" scenario, you'd end up with a $1M business after a couple of years. That would be around $130K net profit every year. So your personal income as a business owner could be $40-60K while still leaving decent profits left in the business to grow it. Free Online Workshop For a detailed free workshop on  "Amazon Wholesale Business" model, from Dylan and Dan, CLICK HERE (workshop ends Thursday 13 Feb 2020) Protecting your Amazon seller account when sourcing wholesale Amazon LIKES this business model. Amazon themselves do it! Amazon makes more money when YOU Sell on Amazon than they do (15% referral fee plus FBA fees). So they like you doing this! Amazon has actually been REDUCING their presence as reseller of brands. They prefer to let 3rd party sellers do the actual selling. How to protect your profits as a reseller when sourcing wholesale only work with brands who don't easily take on new sellers (retailers) only work with brands who enforce MAP (Minimum Advertised Price) - this avoids the raise to the bottom if a brand DOES allow too many sellers and it's damaging their sales price, that becomes an opportunity for you to be the solution to their problem! if resellers are buying and not being honest about selling on Amazon, you can get them kicked off Amazon by the brand. Or the brand will usually refuse to sell to them again, if you inform the brand Free online Workshop For a detailed free workshop on  "Amazon Wholesale Business" model, from Dylan and Dan, CLICK HERE (workshop ends Thursday 13 Feb 2020) More on Amazon wholesale business from Dylan Frost: FBA Wholesale sourcing with Dylan Frost of The Wholesale Formula From Dylan's business partner, Dan Meadors: Amazon Wholesale Marketing with Dan Meadors Wholesale Sourcing for Amazon by Dan Meadors Amazon Wholesale with Dan Meadors from the Wholesale Formula

[powerpress_player] Upsides of FBA Wholesale Sourcing You can start FBA Wholesale Sourcing with $250-500 You can get started selling within a week  (cf 3-6 months with Private Label!) You can (and usually do) source and sell domestically ie within the same country as the marketplace. No international shipping! Criteria for filtering for suitable products for FBA Wholesale sourcing at least $20 selling price - leaves profit after FBA fees etc. at least 40 units/month selling - no products sitting around not selling at least 3 sellers - eliminates private labellers How to persuade brands to work with you on a wholesale basis - Position your small size as a win:  "we only have 2 brands so we'll take care of you personally" - Using the facts of a bad Amazon listing of "your" brand vs their competition. Show the truth of their listings on Amazon-  no need to brag about yourself. How to predict Amazon wholesale sales Only FBA (Prime) sellers priced within 2% of the Buy Box are your true competitors - add up sales revenue, then divide it by the number of true competitors plus 1 (you!) -you are selling a proven product -it already has proven sales Free Workshop For an in-depth free workshop on the "Reverse Sourcing Wholesale" Amazon model, from Dylan and Dan, CLICK HERE (workshop ends Thursday 13 Feb 2020) Cashflow of Wholesale compared to PL PL can take you about 6 months to go from research to product life with wholesale you can order a product same day; you can get it live in 7 days you can turn $1000 into $1300 within a month (at a typical 30% ROI) then rinse and repeat Capital required to replace day job income of say $50K/year with Amazon wholesale sourcing If you can invest $2000 at 30% ROI month on month, for a "perfect" scenario, you'd end up with a $1M business after a couple of years. That would be around $130K net profit every year. So your personal income as a business owner could be $40-60K while still leaving decent profits left in the business to grow it. Protecting your Amazon seller account when sourcing wholesale Amazon LIKES this business model. Amazon themselves do it! Amazon makes more money when YOU Sell on Amazon than they do (15% referral fee plus FBA fees). So they like you doing this! Amazon has actually been REDUCING their presence as a reseller of brands. They prefer to let 3rd party sellers do the actual selling. How to protect your profits as a reseller when sourcing wholesale only work with brands who don't easily take on new sellers (retailers) only work with brands who enforce MAP (Minimum Advertised Price) - this avoids the raise to the bottom if a brand DOES allow too many sellers and it's damaging their sales price, that becomes an opportunity for you to be the solution to their problem! if resellers are buying and not being honest about selling on Amazon, you can get them kicked off Amazon by the brand. Or the brand will usually refuse to sell to them again if you inform the brand Free Workshop For an in-depth free workshop on the "Reverse Sourcing Wholesale" Amazon model, from Dylan and Dan, CLICK HERE (workshop ends Thursday 13 Feb 2020) More on FBA Wholesale Sourcing from Dylan's business partner, Dan Meadors: Amazon Wholesale Marketing with Dan Meadors Wholesale Sourcing for Amazon by Dan Meadors Amazon Wholesale with Dan Meadors from the Wholesale Formula

Dan Meadors entered the Amazon marketplace in 2011. After just a few months, he saw the real potential of selling on Amazon, left his day job to become a full- time Amazon wholesaler, and is now the co-founder of The Wholesale Formula. Now a multi million-dollar Amazon seller and an Amazon marketplace master, Dan is passionate about sharing his knowledge with others who are just as driven to succeed. Together with his team of experts at The Wholesale Formula, Dan dedicates his time to teaching others how to grow and scale their own wholesale-based Amazon businesses. Dan has empowered students with a wide range of experience -- from those with little or no Amazon experience to Amazon veterans who were inspired to take their business to the next level. Students of The Wholesale Formula have collectively sold over half a billion dollars' worth of products on Amazon. Multi-Million Dollar Amazon Seller | Founder of The Wholesale Formula Learn more about your ad choices. Visit megaphone.fm/adchoices

Amazon wholesale marketing is one of the key things to learn when optimizing your Amazon business. Optimizing your listing to produce high impact. Dan Meadors of The Wholesale Formula has a business in Reverse sourcing wholesale. Their Amazon business has done $25 Million in revenue over its lifetime. They have Taught 1000s the same model, and have had  100s of student success stories Free Workshop: amazingfba.com/twf Walking through the details of the process, with examples of product selection; how many units you can sell when sharing a buy box. Reverse sourcing wholesale Find a product doing well on Amazon Contact manufacturer directly Become an authorised seller of the products Traditional route Go to the traditional distributor - blind bad - very inefficient. Reverse sourcing means you go directly to the brand who controls IP in Amazon wholesale marketing. How do you decide what to sell? Finding product on Amazon. Realistically there isn't a better place to look! 3 Main Criteria for selecting from listings: Amazon doesn't sell the product Products with 3 or more sellers The product sells numerous times a month Amazon doesn't sell It's not that you can't compete It's that they don't play fair. You can't share the buy box. You can beat Amazon but only by lower pricing. Whenever Amazon is on a product, it's harder to change the listing. Products with 3 or more sellers Why not be exclusive? Because you're starting from a point where you know the brand will work with 3rd party sellers. Then it's opportunity cost - you can't contact all the brands! If they are single seller products, they are likely to either be a private label product; or an exclusive relationship.  The product sells numerous times a month That means a minimum of 40 sales/month. Wholesale is a cashflow rewarding business model. [you turn your cash over fast] The worst possible thing is that your money dies. So you have to focus on products that have a consistent product selling history. How does Wholesale compare to Private Label in terms of cash required and cash turnover? The vast majority of products are ordered domestically. They don't have a warehouse, may use a prep centre. First of all, you pay your supplier for the products. Then they ship in the product immediately It's often 7 days or less! Free Workshop: amazingfba.com/twf  Walking through the details of the process, with examples of product selection; how many units you can sell when sharing a buy box. Credit means much better cashflow Often get 30-day terms! Often you can often sell through a lot of the product. Private Labellers struggle with getting enough cash. Predictable cash flow This can be a lot safer than PL for making sure that cash is consistently moving. If you look at Retail Arbitrage, it's still more cash-intensive, Because you always pay for inventory upfront. Why Private Label sellers make good Wholesale sellers If you look at the skillset that makes up Private Labelling: The vast majority of listings on Amazon are terrible! For the brands that Dan works with, they have established fans and followers of the brand. Whenever you can optimise the listing, it has such a high impact immediately. Private Labellers usually have this expertise of optimising listings. Approaching manufacturer directly The reason a brand would be interested in working with you IS that optimisation ability. Most retailers have a transactional relationship with brands in Amazon wholesale marketing. Whereas Dan's model focusses on adding value eg Optimize listings Work on pictures Then the brands start wanting to work exclusively with Dan's company. Each brand needs its own expert. This skill is currently in high demand. That demand is only going to go up. Right now, private label brands are overtaking established brands.

Dan Meadors is back on 10 Minute Mindset to talk about the power of building a business where there is already active and engaged traffic. He also talks about decision making and how he makes decisions operating a multi-million dollar Amazon business. Dan Meadors entered the Amazon marketplace in 2011. After just a few months, he saw the real potential of selling on Amazon, left his day job to become a full-time Amazon wholesaler, and is now the co-founder of The Wholesale Formula. Now a multi million-dollar Amazon seller and an Amazon marketplace master, Dan is passionate about sharing his knowledge with others who are just as driven to succeed. Together with his team of experts at The Wholesale Formula, Dan dedicates his time to teaching others how to grow and scale their own wholesale-based Amazon businesses. Dan has empowered students with a wide range of experience -- from those with little or no Amazon experience to Amazon veterans who were inspired to take their business to the next level. Students of The Wholesale Formula have collectively sold over half a billion dollars’ worth of products on Amazon.  Connect with Dan online at TheWholeSaleFormula.com and check out his upcoming FREE training by CLICKING HERE. Follow Dan on Facebook, Twitter, LinkedIn, and YouTube. --------------------- Get your FREE copy of the Launching a Podcast 6-Figure Guide and learn how you can add 6-figures to your revenue using a podcast so that you can take the guesswork out of building a business that you love, leverage your time, and make your unique fulfilling impact in the process! Get your copy at LaunchingaPodcast.com/guide. Visit GIOmethod.com for a guide to help you do your daily GIO Method.

Dan Meadors joined Mario on 10 Minute Mindset to talk about how he and his business partner started their multi-million dollar Amazon business with $600 and zero credit. He talks about how being completely focused and burning the boats to all other possibilities contributed to their success. He also talks about day-to-day business operations and how they have evolved as he’s grown and scaled his business. Dan Meadors entered the Amazon marketplace in 2011. After just a few months, he saw the real potential of selling on Amazon, left his day job to become a full-time Amazon wholesaler, and is now the co-founder of The Wholesale Formula. Now a multi million-dollar Amazon seller and an Amazon marketplace master, Dan is passionate about sharing his knowledge with others who are just as driven to succeed. Together with his team of experts at The Wholesale Formula, Dan dedicates his time to teaching others how to grow and scale their own wholesale-based Amazon businesses. Dan has empowered students with a wide range of experience -- from those with little or no Amazon experience to Amazon veterans who were inspired to take their business to the next level. Students of The Wholesale Formula have collectively sold over half a billion dollars’ worth of products on Amazon.  Connect with Dan online at TheWholeSaleFormula.com and check out his upcoming FREE training by CLICKING HERE. Follow Dan on Facebook, Twitter, LinkedIn, and YouTube. --------------------- Get your FREE copy of the Launching a Podcast 6-Figure Guide and learn how you can add 6-figures to your revenue using a podcast so that you can take the guesswork out of building a business that you love, leverage your time, and make your unique fulfilling impact in the process! Get your copy at LaunchingaPodcast.com/guide. Visit GIOmethod.com for a guide to help you do your daily GIO Method.

Pancham interviews Dan Meadors, co-founder, The Wholesale Formula.  Dan walks us through his Reverse Wholesale Sourcing model and reveals how you can generate millions of dollars in revenue by partnering with Amazon best-sellers. This show starts with Dan revealing how you can vet sellers on Amazon. How do you discover underdeveloped sellers who can potentially generate profits for you? Dan shares 3 critical criteria that have helped him build his own business.  But, is Dan's strategy a capital intensive one? Can you run this business as a side-hustle alongside your day job? And what sort of ROI can you expect once this business is up and running? This show will particularly interest those looking for ways to generate additional income in a risk-free manner. For all this and much more, tune in to our latest show now! 3 Key Points: How to deploy a risk-free, scalable business strategy by partnering with Amazon sellers Are a majority of Amazon's products underdeveloped? What sort of returns can earn once you deploy Dan's Reverse Wholesale Scaling model? Resources: For more details visit: www.TheGoldCollarInvestor.com/show20 Download free report on top 6 reasons to invest outside of wall-street: www.TheGoldCollarInvestor.com/download Sign up of once in a year free training! Get in Touch: Pancham's Email The Gold Collar Investor The Gold Collar Investor Facebook Page Signup for the once in a year free training!

January is the start of a calendar year. As such, it's a traditional time for new year's resolutions. But it's also a lower-energy time of the year. As such, it's a natural place to pause and reflect before moving on to the next round of activity. The Start/Stop Keep process. Rather than just planning future goals in a vacuum, it's good to move from reflecting on the last year's experience. Then it's a much smaller, simpler job to move on to some plans for the new year. There is a neat process of creating three lists that really helps with this kind of periodic review: (By the way, it's also a great plan to do this every 90 days ie every quarter too) Here are my Start/Stop/Keep lists for January 2020 as an example: Keep 10K Collective mastermind (several members have been doubling revenue annually so far…) Private Label Course (PLP) but iterate on it (See “Start” list) Quality 1 to 1 Private Label/custom product mentoring clients (with business experience and above all, realistic levels of capital) Stop The wrong Mentoring clients for Private Label without enough capital for this business model; or with a big mismatch between ambitious goals and small capital “Pure” Private Label as the end game - it can often be part of developing a unique product; but in the end, customisation is the real way to get sustainable profits on Amazon Start Partnerships with trusted partners: Quality Retail/Online Arbitrage (RA/OA) service providers eg training, information for Online Arb etc. Wholesale business model training with Dan Meadors of thewholesaleformula.com Shopify (winningonshopify.com with Jason Miles) Masterminds Restarting the Million Pound Mastermind for sellers doing at least £100K a month($130K USD) per month or over £1 million per year Starting the Six Figure mastermind for those doing at least $100K USD a year (so from $8.3K a month) Other Version 2.0 of the PLP course (“Private Label Process”) Blending off-Amazon and on-Amazon marketing business models. Watch How to make New Year Resolutions for Entrepreneurs

In this episode, I momentarily celebrate the first podcast release of the new decade. Fantastic. Is it really that exciting? I will tell you what is excited though and that is my conversation with Dan Meadors. He is the real deal with entrepreneurship and also a really good dude too. If you want to do something new and more significant in your business in the new year, remember that you must take action. Enjoy the show!Support this show http://supporter.acast.com/intentionallyinspirational. See acast.com/privacy for privacy and opt-out information.

1:06 - How Dan was forced to start his business17:03 - Providing potential clients value before they commit21:28 - How Dan learned to systematize his business25:26 - Dan’s day to day activity in his business26:55 - What you need to get started in wholesale31:14 - Profit margins a wholesaler should be looking for in a wholesale product32:41 - Finding the right products for wholesaling and creating relationships with suppliers37:55 - Where to find Dan online Links/resourcesDan’s website - http://thewholesaleformula.comSpecial page for Actualize Freedom audience - http://thewholesaleformula.com/actualizefreedom/

Wholesale expert Dan Meadors joins us today to share the often overlooked benefits of a wholesale business model. Wholesale and private label models don’t have to be mutually exclusive, and can actually be integrated together very effectively. Join us today as Dan walks us through his process for successful wholesaling and how it can help you should you decide to go this route. 1:06 - How Dan was forced to start his business 17:03 - Providing potential clients value before they commit 21:28 - How Dan learned to systematize his business 25:26 Dan’s day to day activity in his business 26:55 - What you need to get started in wholesale 31:14 - Profit margins a wholesaler should be looking for in a wholesale product 32:41 - Finding the right products for wholesaling and creating relationships with suppliers 37:55 - Where to find Dan online Links/resources Dan’s website - http://thewholesaleformula.com Special page for Actualize Freedom audience - http://thewholesaleformula.com/actualizefreedom/

Did you know that you can start with no experience when you go into wholesale sourcing for Amazon? Learn more from today's episode with Dan Meadors. How can you use wholesale sourcing for Amazon?   Eg: give up day job quickly; build a scalable business; build a sellable business.  The Amazon wholesale model can create a reliable, consistent business.  It's a very cashflow based business.  They have tried to make something as simple as possible.   Capital requirements for wholesale sourcing With any physical product business, you do need to have the capital to invest.  Private Label is probably more capital intensive.  For wholesale sourcing for Amazon, you should be able to start with $2000. Ideal brand partners have a MOQ (minimum order quantity) between $250-750.  With those, $2000 gives you enough bandwidth to access discount tiers and have a few SKUs.  Who can do this?  Dan has had a 17-year old start - now 19, selling millions.  Also, a couple in their 60s and 70s have also successfully adopted.  How quickly can you scale the model of Wholesale sourcing for Amazon? The model does scale easily because of pace to market.  From seeing something on the screen to selling it is often 7 days! If you're running at 30% ROI - that's 30% month over month growth.    Download their FREE Guide here! thewholesaleformula.com/amazingfba    How to work without capital  If you don't have the budget for capital, but you have the skills, you. You can be a consultant.  Agency model for Amazon wholesale Dan came across a product with 40 sellers on it. Competing with others   That company wanted to turn the business into a sellable asset.  They wanted to have a clean Amazon presence - large reach.  Wanted to run advertising- margins were not enough.  The manufacturer asked if Dan would help set up an account and manage the account for them and just take a commission.  Example Yesterday signed a deal - working directly with manufacturers Sometimes exclusive with a product In this case, they wanted massive growth and willing to spend serious advertising dollars.  Dan set them up on Seller Central and managed the account for a percentage of revenue Agency type contract Worth $250,000 dollars to their business  - interest-free! Can you start with NO experience of selling on Amazon? Yes - they have a lot of students who do this.  They struggle with the confidence in making the pitch.  Of course,  if you have the experience, you'll do even better.  Selling your agency service to manufacturers You have to be clear what you're selling when you talk to the brand.  If you don't have a lot of experience, you can't sell that! Base on logic rather than experience.  If it's poor results, they can just stop! Most decisions are based on understanding.  Dan doesn't try to sell - he focuses on EDUCATION.  Show them  Where they're at Where they COULD be Eg adding 5 quality pictures - it sounds legit because it IS! You can show competitor listing or something optimises.  They are buying into the RESULT not the EXPERIENCE You're not the Guru Dan says things like: “ I don't promise I'm the solution. I'm more of a consultant.” Eg: Dan has worked with 19 brands to create EBC - Enhanced Brand Content. How does that work? Talk about things that work and invest them in the process.  We're happy to make a connection with a contractor - they work to create it - and then it goes on Amazon.  Be good at figuring out what the problem is.  There is an outsourceable solution for anything.  The community of the wholesale formula provides this stuff.  The biggest block to wholesale sourcing for Amazon is your fear Dan and Eric have one major virtue - charging into stuff! Eg property - they decided 6-8 months ago to invest in properties.  First one was a storage unit - traditional analysis eg cap rates looked a...

There are many ways to buy wholesale to sell on Amazon. How do you maximize your profit and turn it into a cash flow business? Listen in to today's episode. What do you mean by “Amazon Wholesale”? The traditional model of Amazon Wholesale Traditionally buying wholesale for Amazon means buying products in a business-to-business through a distributor or wholesale company and then distribute.  Usually, someone just sells those products from the distributor and doesn't have a direct relationship with the brand when you buy wholesale to sell on Amazon.  That didn't work for Dan as not enough capital and couldn't access discount tiers when you buy wholesale to sell on Amazon.  Dan and Eric's model of how to buy wholesale to sell on Amazon  The aim is to help manufacturers in the marketplace.  Firstly, you need to educate the brand as to the value of Amazon as a platform.  Amazon was 55% of e-commerce sales last year in the USA. More people will see the product on a day than in any store etc.  Foot traffic vs. Online traffic Dan realised could provide a lot of value to companies.  Combined that with the ability to find great products when you buy wholesale to sell on Amazon.  Why buy wholesale to sell on Amazon? What results can you get from Amazon Wholesale? The best thing is this is governed by systems and processes.  They've worked through various models.  This works way better than anything they've done before.  What goal do you want to achieve with your Amazon wholesale business?  Do you want to make crazy money millions? Or a great lifestyle?  Early on that was confusing for Dan - they thought the path to freedom was the money generated.  It turns out that what mattered more was creating systems and processes.    Day to day work on an Amazon wholesale business Dan has no day to day role in Amazon.  He hasn't opened an Amazon account for 2 years! They have 2 domestic employees (in the USA) and 2  in the Philippines that handle all operations.  Dan DOES have input in agreements with manufacturers.  An employee asked Dan to review - what do we want from a relationship as well as what they can offer.  It's not passive but more passive than most business models.  Also, it delivers a sizeable profit!  Profit The average margin for Wholesale on Amazon is 20-25% net for Dan and Eric. As a cashflow business, that's great.  1-3 hours obligated to the business - 35-40% ROI month to month.  With Private Label, there are a lot more decisions to be made eg designing product, sourcing etc. Improving easier than creating  Making something better that is already good is also much easier than creating or finding a new product.  And you get predictable income when you buy wholesale to sell on Amazon.  That's why Amazon wholesale has advantages over the private label as a model.  Goal - more time and freedom Spend more time with kids and provide with experiences Dan didn't get.  Dan asked them before school started, what do you want to do? Daughter (9) - I'd love to go to LA and see Santa Monica pier.  That day Dan called into office - off rest of week - booked ticket for rest of week  Position kids to have the mindset for freedom.  Another example - employee vacation One rule - no talking shop about business.  Over the 2 weeks, never talked about business.  Quick Background Retail company Dan worked for a retail company selling eg Pokemon cards.  Saw amazing growth - Dan played a fair role in that.  Saw how to see how to grow a business.  Was there after college 5 years - $1.5M/yr sales up to $25M Went from 13th employee to 200 people.  Starting on Amazon - the impulse One of the employees came in and gave notice. Making more money on Amazon part-time than in day job.  Started company back in December 2011. Fired Dan was actually let go from the job which was traumatic. 

Dan Meadors started out working a regular day job in a small town in Kentucky. In 2011, he began selling on Amazon with only $600 and grew it into a multi-million dollar business in just a few short years. Today, he owns a business that has sold over 500,000 products on Amazon, done well over $20 million in sales, has generated millions in profit, and only works ONE HOUR per week due to the unique business model he created that allows him to almost completely automate the entire business. Dan now uses his freedom to teach people all over the world his exclusive business model through his elite online training program known as The Wholesale Formula. Click here for a special offer from Dan for our listeners. Learn more about your ad choices. Visit megaphone.fm/adchoices

Are you experiencing a high rate of change in your business? Have you found the courage to "face your fears" and step out of your comfort zone? Dan Meadors is the co-founder of The Wholesale Formula and has grown his business from 0 to $17 million using scaling tactics and systems you're going to want to know about. Apply what you learn from this interview to speed up up your freedom journey.   Get the book for free! Work the System: The Simple Mechanics of Making More and Working Less is in its third edition, has helped tens of thousands of business owners and managers finally break free and take their businesses to the next level. You’ll find: -The simple mindset “tweak” that will change everything-No feel-good theory, no psycho-babble and no take-my-word-for-it promises-Practical and believable real-word solutions you can implement TODAY.-A wide assortment of additional free resources that you can immediately put to work Grab your free copy at: https://bit.ly/2m4dhMV

Have you ever wanted to sell your products on Amazon.com? The Amazon multi-million dollar seller, Dan Meadors joins us to teach YOU the SUPER MOVES that YOU CAN USE to make millions with Amazon.com.

Finding profitable wholesale suppliers can be hard if you don't know these strategies taught by Dan Meadors of The Wholesale Formula. Learn what wholesale companies are looking for in a buyer and see how to get started selling wholesale items today.

Amazon Wholesaling business with Dan Meadors, a multi-million-dollar Amazon seller and co-founder of The Wholesale Formula. Dan shares his entrepreneurial story, from a full-time job to a side-hustle doing retail arbitrage, to then launching their own small business. He is now focused on helping others start and operate successful Amazon wholesale businesses, and on this episode (starting at 18:39) he shares some of the techniques he teaches. Dan also explains the differences between retail arbitrage, private label, and wholesaling.  Download your free Amazon Wholesale 101 Guide from the show notes page for their episode at The How of Business website. Henry Lopez is a serial entrepreneur, small business coach, and the host of this episode of The How of Business show – dedicated to helping you start, run and grow your small business. (TheHowOfBusiness.com)

Lets look at the things we want to do as well as the things we are doing and Up Level them by learning how to identify what we want to do and then how to do that to our utmost Dan Meadors shares with us a strategy for creating a million dollar company selling on Amazon (and after allif you are going to sell something why no sell it where people are going to buy things) Then David Wood talks about up leveling what we are doing by learning to play the best game we possibly can, deepening our connection and living a regret-free life. These 2 powerful elements of knowing what to do and then doing it with excellence is the perfect 1, 2 punch for success in life and business Listen in as Steve talks with these amazing guests and help you Up Level in Life, today onThriving Entrepreneur

Dan interviews Dan Meadors, a co-founder of The Wholesale Formula. Dive in as they talk about how working with a distributor with whom they didn’t have a great relationship cost them 10 thousand dollars, all the money they had, and how hiring a boy who was making more money than him and his partner were, […]

Dan interviews Dan Meadors, a co-founder of The Wholesale Formula. Dive in as they talk about how working with a distributor with whom they didn’t have a great relationship cost them 10 thousand dollars, all the money they had, and how hiring a boy who was making more money than him and his partner were, turned out to be an equal partner.

Dan Meadors entered the Amazon marketplace in 2011 and within a few months left his day job to become a fulltime Amazon wholesaler. Now a multi million-dollar Amazon seller, founder of The Wholesale Formula and an Amazon marketplace master, Dan is passionate about sharing his knowledge with others who are just as driven to succeed. Dan has empowered students with a wide range of experience, and students of The Wholesale Formula have collectively sold over half a billion dollars’ worth of products on Amazon.

On today's episode, Seth speaks to Dan Meadors, the Co-Founder of the Wholesale formula about how their formula is a proven, step-by-step process that shows you exactly how to take advantage of wholesale opportunities on Amazon the same way his team have to build their multi-million dollar business. In 2011 Dan Meadors & his best bud Eric Lambert began selling on Amazon as a hobby with an original investment of only $600. They worked nights and weekends buying products on clearance at local retail stores and selling them on Amazon for a profit. It only took a few months before they saw the potential to turn this hobby into a business as they both left their day jobs to sell on Amazon full-time. Since then they have been able to generate over $20,000,000 in sales on Amazon through tireless work and the dedication to build something great. Learn more about The Whole Sale Formula here, http://thewholesaleformula.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Dan Meadors started selling on Amazon with $600 and has now passed 20 Million in totals sales, using his Wholesale Formula What is wholesale on Amazon FBA? Wholesaling on Amazon, means you are buying directly from manufacturers or distributors at a wholesale price, then selling on Amazon at full price. How can you sell on Amazon FBA doing the wholesale method? Quin asked Dan Meadors to come on the show and explain, not only how it is done, but how it is done profitably.  Today we have another special guest, this one is a multi-million dollar Amazon seller. He's been selling on Amazon since 2011. He started with only $600 and he grew that to over one million dollars in sales within the first two years. And he should be reaching now about 20 million if I'm not mistaken but we'll hear it from him in a second. He’s not even doing private label or retail arbitrage. Let's hear it from DAN MEADORS himself. QUIN: So now you contact these wholesalers. And is everything a well-known brand? Or do you deal with brands are no so well-known? QUIN: Does that happen in wholesale? How can you find profitable products? QUIN: Wow. So, DAN MEADORS would you share with us your winning product analysis formula? QUIN: Yeah. It’s pretty good. How about The Wholesale Formula? Do you know how many people you’ve trained so far? QUIN: Yeah. I love it. So where can people find The Wholesale Formula online? QUIN: You know what, I just thought of something. Do you know how many SKUs you have at this point in Amazon? Links: The Wholesale Formula

Dan Meadors the Co-Founder of the Wholesale formula, talks with Quin Amorim on the Fail Fast Podcast

AMAZON FORTUNES Many people dream of making Amazon fortunes. Maybe you have a secret, or not so secret, desire to be an Amazon millionaire. Today’s guest has created his seven figure income by winning the game of selling on Amazon. Lucky for you, he teaches others how to do it. You don’t have to be wiz-kid, a marketing genius, or super salesperson to hit the Amazon jackpot. Today’s guest, Dan Meadors, built his Amazon empire with a $600 initial investment. In fact, Dan began mining his Amazon fortunes right after being fired and scared about his future. In this episode, you will learn that your success does not depend on your circumstances. These are the 5 skills that you can develop to become a player on Amazon: Take ACTION Become FEARLESS Be RESOURCEFUL Be AUTHENTIC Always lead with VALUE Dan also reveals his proven secrets for finding great products to sell on Amazon. He shares some of best strategies. And, he gives you formula that makes him stand apart from most Amazon sellers. He explains why your golden ticket is a wholesale Amazon model. Plus, he shares some of the most powerful free online tools you can use in your Amazon business. Dan, like most highly successful people, believes strongly in mentorship and personal development. He invests highly in both. Three of his favorite mentors are: Jeff Walker – creator of Product Launch Formula Dana Derricks – the man behind The Dream 100 Ryan Moran – millionaire maker known for www.capitalism.com (https://www.capitalism.com/) Dan is offering a FREE GIFT to you, the storytellers who listen to this show. You will find it by clicking the link below unde Contact Dan. BOOKS IN THIS PODCAST (https://www.amazon.com/Good-Great-Some-Companies-Others/dp/0066620996/ref=tmm_hrd_swatch_0?_encoding=UTF8&qid=1546637609&sr=8-1) by Jim Collins (Dan’s favorite) The Miracle Morning by Hal Elrod (https://www.amazon.com/Vivid-Vision-Remarkable-Aligning-Business-ebook/dp/B079XWZYHG/ref=sr_1_1?ie=UTF8&qid=1546637775&sr=8-1&keywords=vivid+vision+cameron+herold) by Cameron Herold DAN’S FAVORITE QUOTE “Luck is what happens when preparation meets opportunity.” – Seneca CONTACT DAN www.TheWholesaleFormula.com/Change (http://thewholesaleformula.com/change/) Click the above link to grab this FREE GIFT: (http://changeyourstorypodcast.com/wp-content/uploads/2019/01/Wholesale.png)

Dan Meadors is a co-founder of The Wholesale Formula with Eric Lambert. They began selling on Amazon as a hobby with an original investment of only $600. They worked nights and weekends buying products on clearance at local retail stores and selling them on Amazon for a profit. It only took a few months before they saw the potential to turn this hobby into a business as they both left their day jobs to sell on Amazon full-time. Since then they have been able to generate over $20,000,000 in sales on Amazon. Dan and Eric have developed their own unique system to take advantage of wholesale opportunities called The Wholesale Formula. Here’s a glimpse of what you’ll learn: [1:25] Jeremy introduces his guest, Dan Meadors. [2:40] Dan talks about how he got started in the ecommerce industry. [15:15] What was venturing into the Private Lable model like? Why switch to wholesale? [21:30] Why did Dan decide to stop attending trade shows? [25:30] Dan talks about breaking into the wholesale market. [28:30] Helping products sell. [30:00] Software and tools that Dan his team use. [32:45] What Dan looks for in a product that he will wholesale. [42:30] Dan explains how wholesale works. [45:30] What is the difference between branded and unbranded wholesale? [47:30] Feedback from using The Wholesale Formula. [51:40] Dan opens up about challenges they’ve faced along the way. [54:45] The proudest moment in business for Dan. [56:45] How to connect with Dan and The Wholesale Formula. In this episode… How does an idea go from a long shot dream to reality? What does it take to star in your very own ecommerce success story? On this episode of Inspired Insider, you’ll hear from entrepreneur and business leader, Dan Meadors. In his conversation with Jeremy, Dan opens up about how he got started in the ecommerce industry, why his approach evolved over the years, how he developed The Wholesale Formula, challenges they’ve faced along the way, and much more! If you’d like an inside look at an impressive ecommerce success story, you’ve come to the right place. Don’t miss a minute of this engaging episode featuring Dan! Who doesn’t want to enjoy the freedom and profit that comes from running your own small business? You get to set your own hours, enjoy vacations whenever you want, and pile up a sizeable bank account. What’s not to love? If only that were the truth! Let’s face it; most small business leaders are a little crazy, you have to be to put your livelihood on the line! Dan and his business partner, Eric knew that stepping out to start their ecommerce business wouldn’t be easy, but they were determined to chart their course. What can you learn from their story?  Have you ever met someone who was so dedicated to achieving their goal that it kind of shocked you? That’s how you would feel if you met Dan Meadors. Dan and his business partner, Eric have been through a lot as they’ve built their ecommerce business. From dabbling with retail arbitrage to trying out a private label model and then finally landing on the wholesale angle, the guys have been through a lot. With every twist and turn on their journey, the one thing that has kept them going is a clear vision of where they want to be, masters of their journey.  What is it that sets the average business leader apart from those that take it another step further? Are they hungrier? Are they more intelligent? Or are they simply more lucky than all the rest? When you take a look at Dan Meadors’ story, the key ingredients that pop out is his willingness to adapt and change to find the right route to success. If you peel back to the success that Dan and Eric have enjoyed, the critical factor is their ability to switch gears to find a more lucrative angle. How important is flexibility and evolution to your success story?  Beyond all the amazing success that Dan and Eric have been able to build with their business model, they’ve wanted to take it one step further. Dan and Eric now accept students a couple of times a year to teach them The Wholesale Formula, a blueprint of the exact steps they used to build their multi-million dollar Amazon business. As Dan looks back at some of the most notable moments during his career in business, what he’s most proud of is how he’s been able to help men and women learn to build their businesses. Resources Mentioned on this episode The Wholesale Formula The Wholesale Formula on Facebook The Wholesale Formula on Twitter The Wholesale Formula Blog Jungle Scout RestockPro Repricer Intro Music by Kidd Russell Sponsor for this episode Rise25’s mission is to connect you with your best referral partners and customers. We do this in 3 ways… Our Done for you Media - We help your company completely run and launch your own podcast. we distribute your show across more than 11 different channels including a dedicated blog post and social media. You simply show up and talk and we do everything else. Our team has been working with podcasters since 2009. I personally credit podcasting as the single best thing I have done for my business and my life. It has allowed me to connect with the founders/ceo’s of P90x, Atari, Einstein Bagels, Mattel, Rx Bars, and many more. Besides making best friends and finding my business partner..podcasting has led to relationships with countless customers and referral partners. Our Done for you Lead Generation- We manually send a consistent flow of customized outreach messages to your ideal clients and referral sources that you want to connect with to generate more business and clients - this is not paid traffic by the way. Our Done for you VIP Events - We do live in-person VIP Days and receptions. These are 100% outsourced VIP days for software companies and conference organizers so we can help you serve your highest level customers.  It may or may not involve Elvis costumes - See video Rise25 VIP Days have a proven track record of helping companies to get more referrals, increase retention with their VIP customers, and get more engaged new customers without adding extra work to that company’s plate. Rise25 has hosted VIP events in cities such as Austin, Chicago, Santa Barbara, San Diego, New York, Sonoma, and Las Vegas to name a few. Since these each require a lot of humans to do the work we have limited bandwidth and only want to work with the right company. so if any sound interesting to you go to Rise25.com and contact us or email support (at) rise25.com. If your company wants to attract and connect with your highest level customers and referral partners then you can learn more and contact us to find out if your company qualifies at Rise25.com. Rise25 was cofounded by Dr. Jeremy Weisz and John Corcoran.

Dan Meadors is a co-founder of The Wholesale Formula with Eric Lambert. They began selling on Amazon as a hobby with an original investment of only $600. They worked nights and weekends buying products on clearance at local retail stores and selling them on Amazon for a profit. It only took a few months before they saw the potential to turn this hobby into a business as they both left their day jobs to sell on Amazon full-time. Since then they have been able to generate over $20,000,000 in sales on Amazon. Dan and Eric have developed their own unique system to take advantage of wholesale opportunities called The Wholesale Formula. Here’s a glimpse of what you’ll learn: [1:25] Jeremy introduces his guest, Dan Meadors. [2:30] What is the difference between branded and unbranded wholesale? [4:30] Feedback from using The Wholesale Formula. [8:20] Dan opens up about challenges they’ve faced along the way. [11:45] The proudest moment in business for Dan. [13:45] How to connect with Dan and The Wholesale Formula. In this episode… Have you ever stopped to think about how your efforts impact and influence other business leaders? Are you actively giving back and helping the next generation of leaders in your industry? On this episode of Inspired Insider, you’ll hear from innovator and business leader, Dan Meadors. In his conversation with Jeremy, Dan opens up about the feedback he’s received about The Wholesale Formula, why he loves equipping business leaders to do what they love, challenges they’ve faced along the way, and much more! Don’t miss a minute of this powerful episode featuring Dan and the story behind The Wholesale Formula! One of the most amazing privileges you can have as a business leader is to influence the lives of other people. For Dan Meadors and his team at The Wholesale Formula, it’s not just a privilege, it’s their business model! The Wholesale Formula is a step-by-step process that shows ecommerce sellers exactly how to take advantage of wholesale opportunities on Amazon the same way Dan & Eric have to build their multi-million dollar business. Dan and Eric are passionate about helping others start their own business because they know how freeing it can be! What do you do when everything you’ve planned for comes crashing down around you? Do you give up and throw in the towel or do you learn from those challenges and bounce back? Dan and Eric faced a significant challenge early on in their business when they invested all of their funds into a product that failed. Scrambling, the guys had to find a way to keep a bad situation from tanking their whole operation. Thankfully they were able to find a solution that kept them in business and living to fight another day. Dealing with this challenge had a profound impact on Dan and has shaped the way he views risk and success. What can you learn from Dan’s story? Resources Mentioned on this episode The Wholesale Formula The Wholesale Formula on Facebook The Wholesale Formula on Twitter The Wholesale Formula Blog Intro Music by Kidd Russell Sponsor for this episode Rise25 creates 100% outsourced VIP days for software companies and conference organizers to serve their highest level customers. Rise25 VIP Days have a proven track record of helping companies to get more referrals, increase retention with their VIP customers, and get more engaged new customers without adding extra work to that company’s plate. Rise25 partners and collaborates with entrepreneur-focused communities, with particular emphasis on creating events for high volume Amazon sellers, Walmart sellers, multichannel ecommerce sellers, and founders who want to take their business to the next level. Rise25 has hosted VIP events in cities such as Austin, Chicago, Santa Barbara, San Diego, New York, Sonoma, and Las Vegas to name a few. If your company appreciates the value of bringing your highest level customers together to connect and collaborate, you can learn more and contact us to find out if your company qualifies at Rise25.com. Rise25 was cofounded by Dr. Jeremy Weisz and John Corcoran.

On the Bright Ideas podcast, host Trent Dyrsmid from BrightIdeas.co shares the story of how he's building his eCommerce business (on Amazon as well as his own site), interviews other successful eCommerce entrepreneurs, and answers questions from his audience. If you are an aspiring entrepreneur looking to build a real business that can one day replace your job and give you the lifestyle of your dreams, eCommerce is an excellent choice and on this podcast, you will learn the exact formula to follow directly from Trent and his guests.

I love the Wholesale Formula guys: Dan and Eric (and Dylan). They really have a great program (I am not an affiliate). I should know I have had many of their students on my show. We spend a lot of time talking about relationships and what it takes to really be a partner. Great actionable information.   Mentioned: http://thewholesaleformula.com/blog/ (The Wholesale Formula blog) https://ecommercemomentum.com/019-dan-meadors-building-a-20-million-dollar-ecommerce-empire-not-a-typo-20-million-and-guess-what-i-believe-him/ (Dan’s earlier episode #19) https://www.sellerlabs.com/cares/toys-for-tots/application/ ()   Sponsors: http://www.amazingfreedom.com/momentum-arbitrage (Gaye's Million Dollar Arbitrage List) http://ecommercemomentum.karenlocker.zaxaa.com/o/7525960235600/1 (Solutions4ecommerce) http://sellerlabs.com/momentum (Scope from Sellerlabs) http://trygodaddy.com/click.track?CID=344983&AFID=419630&godaddy.com=momentum (GoDaddy) http://trygrasshopper.com/click.track?CID=336231&AFID=419630&grasshopper.com=momentum (Grasshopper) Transcript: (note- this is a new tool I am trying out so it is not perfect- it does seem to be getting better)   Stephen:                             [00:00]                     Want to jump in here and just bring back up episode 250 Toys for Tots campaign put together by Sellar labs. It is such a great opportunity. I was with the seller on Friday. Their team is working on it. I’m very very excited. This is a chance for you to use the skills that you personally have developed. You’ve got sourcing muscles not many other people have it. And this is a chance where we can take and use our skills to help those less fortunate. All the information is on episode 250 such a great cause. Get back give back give back this time of year thanks hope your Q4 is going good. It’s a great time to be selling and sell a lot. Watch you repressors. I just got whacked on one last$15 a unit. I didn’t lose I lost in profit because I should have blocked one wasn’t paying attention so please do me tell you by a couple sponsors you know scope from solar labs. Stephen:                             [00:59]                     If you’re not using it to even just to take your wholesale accounts of course you got to use it for private label. Right. You need to understand the keyword you want to understand a key word go look at your competitors get their keywords and then use them. That’s smart business right because they already have proven that proof of concept but take the same approach to your wholesale accounts make sure that those key words are in there. If not upload those changes many times you can’t. But many times you can’t take advantage sculped from seller labs. Go to Silver labs dot com slash scope use the code word momentum save a few bucks get a few key words get your listings found. Stephen:                             [01:35]                     Got to find that key and scope will be the product that will help you there. Solutions for e-commerce Charron logger. You know again you hear me talk about her because she is my account manager. She’s been doing a great job. Again I had some stranded listings and I notice them down there on the bottom right hand corner. They’re gone. I look back and they’re gone and I see stuff submitted. I see stuff return. It’s such a great process because I don’t have to pay attention. I can pay attention to the other parts of our business solutions for e-commerce slash momentum. I’ll save you 50 bucks. Lowest price she offers. And you still get the amatory Health Report. Take a look at it set up for 2018. Now tell Karen I sent you. Stephen:                             [02:17]                     When you think about Q4 lists and hope you don’t use them just you for hope you use them all year long again you want to learn...

On the Bright Ideas podcast, host Trent Dyrsmid from BrightIdeas.co shares the story of how he's building his eCommerce business (on Amazon as well as his own site), interviews other successful eCommerce entrepreneurs, and answers questions from his audience. If you are an aspiring entrepreneur looking to build a real business that can one day replace your job and give you the lifestyle of your dreams, eCommerce is an excellent choice and on this podcast, you will learn the exact formula to follow directly from Trent and his guests.

Dan Meadors from The Wholesale Formula sells products on Amazon. But he wasn't satisfied with retail arbitrage (buying products at discount stores and selling them on Amazon) or private labeling (creating a branded physical product). Instead, Dan works with existing brands to get them more reach on Amazon. He discusses his thought process (find products that Amazon doesn't sell themselves, sells 50-60 per month, and he'll start with a monthly volume of $500-$600 per month). Many times, Dan find some easy low hanging fruit and improves the product description, adds images and bullet points. He also looks for add-ons that complement that Amazon product. Resources Free Report: "The Little Known Business Model We Used To Build a Multi-Million Dollar Company With Only $600" (Guide) The Wholesale Formula (Website) JungleScout SkratchLabs (Nutrition Drink For Bike Riders)

Dan Meadors is one-half of TheWholesaleFormula.com. He and his partner Eric Lambert began selling on Amazon as a hobby with an original investment of only $600. They would work nights and weekends buying products on clearance at local retail stores and selling them on Amazon for profit. It took only a few months before they saw the potential to turn this hobby into a business and they both left their day jobs to sell on Amazon full-time. Since then they have been able to generate over $13,000,000 in total sales on Amazon. Note: Click here to download Dan’s top wholesaling selling tips from this episode. Most of Side Hustle Nation will be familiar with the Amazon FBA program, but Dan's strategy is a bit different from the retail arbitrage and private label strategies we've covered in the past. In Dan's case, he's buying inventory at wholesale prices from a brand or manufacturer, instead of trolling the clearance section at Walmart or having a product built specifically for him by a manufacturer. Then, like the other Amazon FBA business models, it's on him to list and sell it through Amazon. In this episode, Dan talks me through everything you need to know to get started with wholesaling on Amazon, including how to target potential products and brands to sell, and how to reach out to them in a helpful way.

On the Bright Ideas podcast, host Trent Dyrsmid from BrightIdeas.co shares the story of how he's building his eCommerce business (on Amazon as well as his own site), interviews other successful eCommerce entrepreneurs, and answers questions from his audience. If you are an aspiring entrepreneur looking to build a real business that can one day replace your job and give you the lifestyle of your dreams, eCommerce is an excellent choice and on this podcast, you will learn the exact formula to follow directly from Trent and his guests.