Podcast appearances and mentions of dillon carter

Amazing FBA Amazon and ECommerce Podcast, for Amazon Private Label Sellers, Shopify, Magento or Woocommerce business owners,

Play Episode Listen Later Jul 23, 2022 30:52

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10 Amazon Selling Hacks Part 1 (Amazon Selling Strategy, How to Sell Successfully on Amazon)

Play Episode Listen Later Jul 16, 2022 51:03

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10 Amazon Selling Hacks Part 1 (Amazon Selling Strategy, How to Sell Successfully on Amazon)

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Play Episode Listen Later Jul 16, 2022 51:03

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Episode 154: Post-Season Recap with Dillon Carter

Ramblin' Raiders Podcast

Play Episode Listen Later Jun 15, 2022 56:38

Although it didn't end the way we wanted, the TTU baseball team had a hell of a season! Join Jackson and special guest, Dillon Carter, as they recap this year's season and look ahead to the future of the program. Dillon also opens up on his experience with TTU baseball. Don't miss this exclusive interview you won't get anywhere else!

#190-The Difference Between Building a Business and Building a Company with Dillon Carter

Wizards of Amazon

Play Episode Listen Later May 2, 2022 48:07

You've built your business successfully, what's next? There is more to the difference between building a business and building a company aside from just being a legal entity. Are you comfortable taking a month off from your business and running smoothly without you? Do you have an impact on society by helping others? Do you pay yourself a comfortable salary but you are more focused on equity? If the answer is yes in all three, you are definitely building/built a company. Find out more in this episode with Dillon Carter. In This Episode: [00:35] Dillon Carter on the show. [02:27] Dillon Carter's selling journey. [11:25] User acquisition strategy. [19:27] Difference between building a business and building a company. [25:00] Modeling ideas [31:14] Dillon's biggest influence. [35:50] Understanding your role. [37:30] Letting go of unnecessary roles. Guest Links and References: Website: http://www.vendrive.com LinkedIN: https://www.linkedin.com/in/dillon-carter/ Book References: Principles by Ray Dalio Links and References: Wizards of Amazon: https://www.wizardsofecom.com/ Wizards of Amazon Courses: https://wizardsofamazon.mykajabi.com/a/27566/x6Kwkz6p Wizards of Amazon Meetup: https://www.meetup.com/South-Florida-FBA/ Wizards of Amazon on Facebook: https://www.facebook.com/groups/WizardsofAmazon/ Wizards of Amazon on Instagram: https://www.instagram.com/wizardsofecom/

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Pricing Your Products for Growth and Tips for Selling B2B with Dillon Carter - Amazon Seller Tips Part 2

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Play Episode Listen Later Apr 4, 2022 29:50

Pricing Your Products for Growth and Tips for Selling B2B with Dillon Carter - Amazon Seller Tips Part 2

Pricing Your Products for Growth and Tips for Selling B2B with Dillon Carter - Amazon Seller Tips Part 1

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Play Episode Listen Later Apr 4, 2022 31:25

Pricing Your Products for Growth and Tips for Selling B2B with Dillon Carter - Amazon Seller Tips Part 1

The Wholesale FBA Masterclass

Buy Box Bandits

Play Episode Listen Later Mar 29, 2022 51:19

In this episode, we're joined by Dillon Carter, the Co-founder of VendriveCRM and the Aura repricer to talk about how he got into selling on Amazon, his journey from RA/OA to Wholesale, his predictions of the future of selling on Amazon, and some software talk as well.

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Wholesale Retailing Fundamentals

Alibaba.com Sourcing Insights

Play Episode Listen Later Feb 16, 2022 37:46

While there are more opportunities than ever to grow in ecommerce, there's also a lot of ways to miss the mark when trying to reach new customers. Dillon Carter, Co-Founder and VP of Operations at Vendrive, is passionate about connecting retailers and customers. He recently appeared on Alibaba.com Sourcing Insights and shared his expertise on: - The opportunities in serving B2B customers - How crises drive innovations in brands - Adaptability and agility is key for brands facing challenges and competition - Adding new employees too soon and chasing efficiency before finding effectiveness. We also had a chance to discuss: - The challenge of many small retailers not having websites (and why they soon will) - The importance of matching your offerings with what your targeted retailer is offering already (and why this will drive sales) - The importance of saving for a rainy day… like supply chain interruptions (and why sometimes those interruptions help drive needed changes in a brand) The episode is packed with thoughtful insights, and any aspiring wholesaler will want to go back and re-listen to some parts several times.

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#173 - How Repricing Fits Within Your Amazon Growth Stack with Dillon Carter from Aura

Two Amazon Sellers and a Microphone

Play Episode Listen Later Jan 17, 2022 69:21

Today we talk all about selling wholesale and repricing strategies with Dillon Carter. Dillon is one of the founders at goaura.com, a leading, easy-to-use repricing tool. He's successfully run a wholesale Amazon business, launched and grew the Wholesale Made Easy podcast, and then jumped head-first into software. Make sure to subscribe to the podcast so that you are notified of new episodes!

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Max Talks College Baseball with Texas Tech Centerfielder Dillon Carter

BaM Sports Podcast

Play Episode Listen Later May 21, 2021 10:54

On this episode of the BaM Sports Podcast, Max talks to Dillon Carter to talk about his career, the potential of the Red Raiders, and what it'll take to make it to Omaha for the College World Series. --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app

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Dillon Carter – The Amazon Repricer and Co–Founder of Aura & Vendrive | How to Scale Your Business by AI Repricing

Resellers ROI

Play Episode Listen Later Mar 11, 2021 38:02

How someone explores new possibilities to grow in the world of Repricing and at the same time create new tools to help sellers succeed in their businesses. Today's guest is Dillon Carter, and he will guide us on how to do it. Dillon left his old job as a personal trainer to focus entirely on a new business where he saw growth possibilities; Repricing. He prepared and studied to find out what he was facing and the moment of following this path. In 2018 he created the Aura company, focusing on the most necessary points that other repricing companies do not offer: speed and quality customer service. In this episode, you will learn about Repricing and how to scale your business with the fantastic tips Dillon shared. Do not miss this episode. You will love it! WHAT YOU WILL HEAR: · [0:06] Getting to know Aura co-founder and Vendrive, Dillon Carter. · [5:01] The difference between having a business and having a company. · [6:57] How to scale in business. · [12:24] Creating efficient employees. · [15:09] Measure your business success. · [20:06] The success behind Aura. · [26:31] Allow yourself to evolve as a company. · [28:23] Dillon's unique vision about the resale game. · [37:13] Get your Aura code. QUOTES “Because the moment you have things written down and clarified, you can hand it over to somebody else more easily.” – Dillon Carter. “Your role, your responsibility as the business owner, is to consistently look at different subsystems in your business.” - Dillon Carter. “You're not the smartest person in the room, and if you are, you are hiring the wrong people.”- Dillon Carter. MENTIONED LINKS Aura | https://goaura.com/ Vendrive | https://www.vendrive.com/ AURA CODE Get 15% off and you still get that 14 days free. Code: HAMMOQ.

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The Perpetual Entrepreneur – Dillon Carter The Journey from Retail Arbitrage to Wholesale to SAAS (Software As A Service) – Part 2

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Play Episode Listen Later Dec 29, 2020 25:41

The Perpetual Entrepreneur – Dillon Carter The Journey from Retail Arbitrage to Wholesale to SAAS (Software As A Service) – […] The post The Perpetual Entrepreneur – Dillon Carter The Journey from Retail Arbitrage to Wholesale to SAAS (Software As A Service) – Part 2 appeared first on Seller Round Table - Amazon FBA Podcast.

The Perpetual Entrepreneur – Dillon Carter The Journey from Retail Arbitrage to Wholesale to SAAS (Software As A Service) – Part 2

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Play Episode Listen Later Dec 29, 2020 1541:00

The Perpetual Entrepreneur – Dillon Carter The Journey from Retail Arbitrage to Wholesale to SAAS (Software As A Service) – Part 2 Part 1 Part 2 Things we mention in this session of Seller Round Table: * Join us every Tuesday at 1:00 PM PST for Live Q&A and Bonus Content at https://sellerroundtable.com Try the greatest Amazon seller tools on the planet free for 30 days at https://sellerseo.com/

The Perpetual Entrepreneur – Dillon Carter The Journey from Retail Arbitrage to Wholesale to SAAS (Software As A Service) – Part 1

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Play Episode Listen Later Dec 28, 2020 31:00

The Perpetual Entrepreneur – Dillon Carter The Journey from Retail Arbitrage to Wholesale to SAAS (Software As A Service) – […] The post The Perpetual Entrepreneur – Dillon Carter The Journey from Retail Arbitrage to Wholesale to SAAS (Software As A Service) – Part 1 appeared first on Seller Round Table - Amazon FBA Podcast.

The Perpetual Entrepreneur – Dillon Carter The Journey from Retail Arbitrage to Wholesale to SAAS (Software As A Service) – Part 1

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Play Episode Listen Later Dec 28, 2020 1860:00

The Perpetual Entrepreneur – Dillon Carter The Journey from Retail Arbitrage to Wholesale to SAAS (Software As A Service) – Part 1 Part 1 Part 2 Things we mention in this session of Seller Round Table: * Join us every Tuesday at 1:00 PM PST for Live Q&A and Bonus Content at https://sellerroundtable.com Try the greatest Amazon seller tools on the planet free for 30 days at https://sellerseo.com/

Interview Highlight Series - Part 1

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Play Episode Listen Later Oct 26, 2020 27:14

On Episode 7 David and Nick kick off a 3 part series highlighting guests from previous episodes. In part one we look back on our interviews with Dillon Carter, Marc Burgess and Dominick Pirone. This episode is brought you by RequestNow David has over 20 years as a DJ and Game Show host in the event space, Nick is a Videographer In his first year in business. While their careers are on opposite ends of the experience scale, they have very similar views on business, life and the drive for success. ------------------------------ Follow Nick on Instagram @nasvisualsllc Follow David on Instagram @davidhanscom Follow the show in Instagram @therookieandthevetpodcast --- Support this podcast: https://anchor.fm/therookieandthevetpodcast/support

Get Positive Cashflow More Quickly Through Wholesaling With Ecommerce Expert Dillon Carter

The Quiet Light Podcast

Play Episode Listen Later Sep 22, 2020 29:06

On this episode of the Quiet Light podcast, we speak with Dillon Carter about his path to launching a wholesale CRM, why he pivoted to a slighted different business model, and how his company helps their clients succeed. Dillon Carter is one of the founders of Aura, a wholesale CRM that helps you with repricing, managing wholesale suppliers, and growing your Amazon business. Tune in to hear our interesting discussion! Topics: How he floundered before finding his true passion. Launching a wholesale-based CRM software, before pivoting into repricing software. Explaining wholesale. Working with an antiquated business model. What happens when everyone is using Aura at the same time. How Aura works. Resources: Aura Dillon Carter's Website Quiet Light Transcription: Joe: Hey folks, Joe Valley here from Quiet Light Brokerage and the Quiet Light Podcast sponsored by Quiet Light Brokerage, oddly enough. Everybody here is an entrepreneur. We've all built, bought, and sold our own online businesses. I sold my last e-commerce business in 2010. Things have changed a little bit since then. We've got to Dillon Carter on the podcast today. Dillon is one of those changes. He was; well, let's see, 2010, you were still in high school back then, weren't you? Dillon: I graduated in 2010, yeah. Joe: That makes me an old guy or you very good at what you do at such a young age. Probably just that, I'm going to call at Syed Balkhi right now. Syed I think might have just turned 30 years old and referred a client over to me so I was just chatting with him earlier today. Incredibly impressive at a young age and I'm looking at your LinkedIn profile, I'm looking at Vendrive, I'm looking at Aura Repricing and, man, you've got a lot going on in your life. Can you help people that are listening, who you are and what you do and summarize or give more detail to that summary that I just gave? Dillon: Sure. So I started out graduating high school not knowing what in the world I wanted to do, like most entrepreneurs. So, I kind of floundered for about four to five years, just testing a bunch of different things. I found myself being a personal trainer, working ridiculous hours and realizing I did not like a service based business because that's kind of difficult to scale. I realized okay, physical products is something that could theoretically scale in my mind at that time so I started playing around with the Amazon FBA model. Like most people, you get started with retail or online arbitrage, right? Low capital requirement, you could kind of test the waters. I did that and eventually me and the GM of the gym I was training at did not see eye to eye so I decided, you know what, let's go ahead and put myself in a corner and make it work. And so, eventually I decided retail arbitrage, although was better than being able to scale my time so I could not scale in the way that I wanted the business to. So like most FBA sellers, I decided to either go the wholesale or the private label route. I chose wholesale. It made a little bit more sense to me; low capital requirement, I could start paying the bills immediately because it was certainly an issue that I was faced with. I went that route and really spent a handful of years just crafting what wholesale meant to me, how I approached it. At the same time, I decided to go back to school full time for college. So it was one of those lingering aspects of my life where I was like do I really want to be that statistic where you took a few semesters, you kind of dropped out, and never went back. I'm like, no, I'm tripling down on my life at this point, no holds barred, and so that's what I did. And then eventually I met my co-founder, James. We eventually launched www.Vendrive.com, which is wholesale-based CRM software and then pivoted actually funny enough into repricing software. And that's our primary focus at the moment. So I've kind of traversed this world in a few different ways. I launched a podcast or two here and there. I shared all the knowledge that I've gained along the way and the podcast and blog posts and our Facebook group I mean, really just somewhat built an audience just teaching everything for free and I learned a lot from that. It's been a long journey, so to speak, but I feel like I'm just getting started. Joe: That's the way to do it. You help, help, and help some more. Give it all for free and make some friends along the way. It's amazing what you do when you help others, how it comes back to help your own business. In fact, we had Steven Pope on our podcast. I think he's www.MyAmazonGuy.com and so did you and he connected the two of us together. Strangely enough, I told you at the beginning of this call or before we hit record, that I sent a message out to the team that we just don't have enough wholesale guys; men, women, people, individuals, entrepreneurs on the podcast, because we have not historically sold a ton of wholesale businesses. But it's a funny thing, I come from the private label world. I didn't sell on Amazon. When I sold my e-commerce business it really wasn't much focused on Amazon. I did after that, but it was always my own products, always private label and some people look down on wholesale. At this point in my career; not that I'm going to change what I do, but if I were, I might look at wholesale before I look at private label. I might look at an agency before I make a private label. I might do a lot of different things. I might even look at content. But why don't you, for the sake of those that are listening, that are not as versed in it as you are define what wholesale is versus private label and how it works? Dillon: Sure. Wholesale is a very antiquated business model and I don't say that in a negative tone. What I mean by that is you are buying low and you are selling higher. You're literally finding listings on Amazon that are already doing well and you are doing what we call reverse sourcing. So you're finding listings already doing well, finding those brands, those products, and then you are going to the brand to open a wholesale account to purchase in bulk like pallets and stuff like that. It's actually very straightforward. There's nothing crazy to it. The difference here because you made a good point that a lot of people don't view the wholesale business model as a sexy business model. That's not your quote but that's kind of what I hear and you hear it a lot. And I think the reason why you have not sold a whole lot of wholesale Amazon business models is because the multiples are not that great. So, when I went back to school, I actually went to be finance major and so my focus was actually M&A. So doing a lot of valuations, some discounted cash flows, kind of nerdy stuff. But when you look at it, those businesses are easy to replicate. There's not a lot that you're really protecting, right? There's not a lot that I can really build up and get a decent multiple on. And so, I think they're very great in the sense of I can get cash flow positive within 30 days if you kind of know what you're doing and you're being serious about it. Right. Whereas private label is going to take a little bit more time. That's an investment for the future. I view a wholesale business model as a cash flow business where private label is more something you're looking to expand the value of your equity over a long period of time and potentially exit and so, it depends on what you're optimizing for. Joe: There's definitely a difference between the two, because the private label businesses that are growing like crazy, those folks are not taking a whole lot of money out of the business. They're constantly putting it back into inventory to try to keep up. But you said you said sourcing by looking out in the marketplace; Amazon, if that's what we're talking about, to see what other people are selling and then sourcing the product from the brand owner. So, we're talking about brands that have multiple sellers on Amazon in this particular case and you are then going to compete against the other sellers on Amazon as well, correct? Dillon: That's correct. Absolutely. Joe: All right, that doesn't sound very attractive. How do you compete against the others? How do you do a better job on your listings and your ratings and reviews and your pricing and things of this nature? Dillon: This is where it becomes an antiquated business model, in my opinion. And again, not in a negative tone where it comes down to relationships. So, a lot of people are jumping into the Amazon space want that lifestyle business, right. What a lot of people kind of project as this is what it's like to sell on Amazon. The reality of it is it's a lot of phone calls. It's a lot of old school relationship building. It's understanding that… Joe: We all have to do that. Dillon: I know right. Joe: It's now like rocket science. Yeah, it sounds much simpler than trying to figure out the thickness of a corrugated box that you're going to import from China. Dillon: 100%. I've said for the past three or four years that wholesale is simple, not easy. It's simple enough. I mean, we can sketch the entire business model on a napkin, and I've done that. It's not easy because it's a lot more work. Now, that's not a bad thing, right? This is not sending a bunch of emails to manufacturers in China and playing that kind of game. This is actually jumping on the phone and having a real conversation with somebody. What's different about wholesale and why it's uncomfortable for a lot of people is that you are essentially doing a sales job; you are calling a brand to sell them on allowing you to give them your money. It's a bit backwards, right? But that's kind of what it is. And so a lot of people get stuck where they jump into these relationships and they're trying to get these accounts and they're like I keep getting denied. Why won't they take my money? I'm trying to give them money. And what a lot of people have to learn, first and foremost, is the value add that you are bringing to the table is not your money, it's the relationship. What else can you do for that brand? Because what you're not doing is necessarily just jumping on the listing and taking another slice of the pie. You're strategically looking to increase the sales volume here, right? You're looking at running PPC campaigns, you're looking at listing optimization, and you're looking at how can I help my supplier negate other sellers. I keep going below minimum advertised price so, mat price. You're looking at this as a very strategic business model if you're doing it correctly and I think a lot of people view it too simplistically. And again, it is simple, but when you approach it from an operation standpoint as too simple, I think you negate the requirements that enable you to be successful. Does that make sense? Joe: Yeah, they're looking at the wrong things. Dillon: 100%. Joe: They're not looking at the most important thing, which is the relationship. With wholesale accounts, with wholesale clients, you've had friends; I mean, you're in the circles, people that you work with. How many wholesale brand relationships do they have or have to have; sorry, I know this is an unanswerable question with accuracy, in order to really make a good living out of it? Dillon: Sure. If you want to replace a job, the way I source, and the criteria I look for purchasing inventory, which is not super complex by any stretch of the imagination, 10 to 12 SKUs is pretty solid. I think you can get to a point where you're actually replacing job income and at least paying the bills. The cool thing about; so you have the spectrum, right, where private label is going to have like a handful; like a small amount of SKUs, in my opinion. One to two, obviously, you're trying to grow that over time, but if you look at the average it's probably a little bit less. Then on the other end of that spectrum, you have like retail and online arbitrage where it's like thousands upon thousands of SKUs. Wholesale is kind of somewhere in the middle, but leaning more towards the private label route. So a handful of great relationships is enough. You don't need to have 30 plus relationships. I think that's where you get really, really big but you don't really need that. You could do a quarter million in revenue with six to seven SKUs if they're the right kind of SKUs because it is repeatable and scalable. Joe: And what are your margins on that? What's left over for you at the end of the day, if you're doing a quarter million in revenue? Because if it's a private label, that's kind of doing a quarter million in revenue, there's not a lot left over. I guess maybe upwards of 50,000 maybe. But they're taking that money and they're putting it right back in inventory so there's not a lot of cash flow in that situation. Dillon: Yeah, it can vary. I've seen people have some pretty high margins. I've seen people take really, really slim margins. I look for at least 30% in gross margin. Obviously, the business expenses that's kind of going to be situational. But if I could do 30% outside of the business expenses, that's pretty good in my opinion. I think it's scalable. Joe: This is after Amazon fees. Dillon: That's correct. Joe: Okay, that's pretty good. That's pretty solid, actually. What about exclusivity? At what point do you get to be exclusive? Because in my view, that's going to make the business more sellable and have value. So, you're not only building cash flow but you're also building equity. Obviously you got to do better than everybody else and be really important to that relationship. Is that it? Dillon: For the most part, yeah. What's funny is it is that relationship and it's understanding that it just takes time; like any great relationship, it just takes time. So a lot of sellers jump in and say, hey, I just got this account, how do I get exclusive? You wait. You do a great job, you become their biggest buyer, you work with them, you add more value than just your money, and then you start to have that conversation over time. I had a friend, she started her Amazon business, it was doing well, and she followed up every two weeks for a year just to get an account. And not just like, hey, how's everything going? These are in-depth emails of, hey, I noticed this on your listing here's what I would recommend you do and gave them all of that knowledge. And eventually they let you know that that's a lot of work, what would it take for you to do that for us? Give me the account and I want exclusive rights. They go, you know what, let's test it for two weeks and if it if it pans out, we'll absolutely give you the exclusive rights. And she's got it now. Joe: Excellent. Yeah, I know that's the trick. Just again, help them. It is a ton of work so give it all the way and then they realize I really do understand the value of having you do it for me. Let's talk about competing on Amazon for the buy box and what Aura Repricing does because it's so very different than what most people have heard on this podcast because most people are content owners, SaaS owners, private label brand owners. They're not wholesale. Dillon: Yeah, so roughly 82% of organic sales come via the buy box. So that buy box is just that where you go as a consumer and hit one click purchase. That's what we call the buy box. When you're competing with other sellers on the same listing, you're not trying to optimize your listing to beat the other listings. That goes out the door. Now, it's about value. In terms of your price it obviously comes down to your competitive advantage in terms of getting cost lower from your supplier hence relationships matter. It comes down to seller feedback a lot of the times. So what we're having to do is stay competitively priced 24/7. And by the way, these things are changing every few seconds. Private label, you're used to set the price and maybe every now and then we'll change it. Joe: Yeah. Dillon: No, 24/7 here and so some of our larger users that have a few hundred thousand SKUs that are actively repricing, we're doing tens of thousands of price changes per second just for them. So, what we're having to do is say you can't do it yourself, it doesn't scale so let's hand that over to a computer with an algorithm with a set of rules that can say, you know what, the price just changed let's react to that as quickly as possible. And if doing so, we increased the amount of time you're in the buy box, which increases the amount of sales you get. Joe: What happens if you've got three products in the buy box, they're all the same brand, and two out of the three are using Aura Repricing? Dillon: Yes, we get this question a lot; what if everybody's using Aura at the same time? At that point, it comes down to two major things. One, your strategy because you have some control over that. Some people are willing to be more aggressive than others. And then number two, what's really more important, in my opinion, is your cost. A lot of sellers make the assumption that we got the same costs. I know what I paid for so therefore, I theoretically know what you paid for it. That's not true. I could have lower cost because I have a better relationship or I have more capital to play with. So, I'm purchasing in larger quantities, in which case I'm getting quantity breaks on my cost, in which case I can be more aggressive in my price. So, it comes down to those major two things. Joe: Okay, what else can people that are a wholesaler do to improve their rankings, listings, and so on and so forth on Amazon? Dillon: Yeah, one of the things we've seen; forecasting with wholesale is very important, just like it is with private label. However, it's a little bit different. So, if I'm not mistaken, a lot of private label people are purchasing like three months' worth of inventory because you have a lead-time for manufacturing. For us, it's like every two to four weeks we're placing restock orders. So, we're trying to get dense from when the capital goes out of the business to when it comes back with profits as small as possible. Joe: So, it's two to four weeks if you just average to three I mean that's a quarter of the working capital that you need for a private label business. Dillon: 100%. So, we're looking at stuff like that. What's important there was a lot of forecasting won't factor in regional distribution. And what I mean by that is a lot of times you can take a SKU that you're selling on and you have repeat sales and let's say you're moving a hundred units per month like clockwork. You testing increasing that to 200 can actually have a larger distribution in terms of where your SKUs are in the country and now you're starting to get access to what's called a regional buy box and you actually start to see a little bit more sales from that. I didn't believe it at first and then I tested it with a few selling friends, and sure enough, they increased sales by just doing that. So you don't have just the one global buy box, although that's what we're able to focus on as developers. You also have a regional buy box. Joe: And Aura Repricing can have an impact on that? Dillon: That's correct. That comes basically down to where is your inventory today, like right now. Joe: And how do you control that again with Amazon? Dillon: Increased inventory. Joe: Just spend more money and have more inventory and then you're going to… Dillon: Yeah, it's a test for sure. Joe: And you can do that over time, obviously, if you have personal overhead. Dillon: Absolutely. Joe: Okay, tell me about Aura Repricing and when did you launch it? To me, honestly, the development of this must have been crazy. I mean, you did finance and M&A; is your business partner a coder or a developer? Dillon: Yeah, so me and my co-founder, James, met actually via Instagram. So, we were both wholesale sellers, separate of each other and we just started to meet up once a week via Skype back in the day and just, hey, what's going on? What's new? He was kind of helping me scale my business because his was already at seven. Mine was at six figures so he was helping me understand some cash flow stuff that I needed to learn. And eventually he was like, hey, by the way, I'm at UMass and I am an engineering student. I'm already starting to work on some side projects. Do you want to partner up? And that's when we started to launch Vendrive. So, Aura, the beta took roughly eight to nine months of him by himself, because I'm not an engineer. I'm not a coder. I can script some stuff and that's about it. Joe: Yeah. Dillon: So that was him pretty much working 80, 90 hour weeks for eight to nine months, just grinding it out and we got the beta up. We tested with 20 to 30 users just from day one just to get that feedback loop going. Launched my winter break between semesters in December of 2018 and then we launched that and I had 50 users paying and we just started a feedback loop and scaling from there. Joe: And you both finished college? Dillon: We did. Yeah, we both finished college at the same time and now we're actually; we were fully remote. I was in Florida, now we're in Boston and we have our first like large office which you can see back here. We have the walls painted and the whiteboard is up, and we're actually hiring three engineers in the next month or two. Joe: Very cool. That's a great success story, man. Dillon: Yeah, thanks. Joe: I know that you said he was in college and you were in college at same time but developing it in college; doing seven figures in revenue while in college is pretty impressive. So let's say he's doing a million, he's doing maybe 300,000 in cash flow, in profit, even if you divide by two while a student in college, that's pretty damn impressive. Dillon: It's not bad. Yeah, it's definitely not bad. That's the thing about wholesale is I tell people, it can be at whatever scale you want. I think it's difficult to really take a private label brand and just be like, oh, I just kind of want to make a little extra cash. When I started mine again, I went back to school, and I was like if this thing just pay my bills and allows me to focus on school full time and get through that and not take six years to get through, it's kind of a solid win. And to be honest, that's kind of where I got it and I was happy with that. And then once I graduated, it's like cool now, we can go full force. And really I did like two semesters before because Aura started to really scale and outpace itself, which was awesome. But yeah, I think it's cool thing. Joe: Let's get back to the repricing part, because if I'm the wholesale owner, how am I going to work with Aura and Aura Repricing to determine how low it goes? Is this simply a matter of math and numbers and what my relationship is; how does it work? Dillon: So you have two major ways of setting a min max. We always require a minimum and a maximum price. This is the range of which Aura is allowed to play within because we don't want to go too low and not too high and all that good stuff. You can manually set that. Some people have their own formulas, some people just take current buy box price and reduce that by 30%. What I typically recommend is the second option, which is an automated option. So, you can set that based on an ROI. We'll actually import your cost that you give us or you're using a tool like Inventory Lab to store that. So, we'll import those and you'll say a minimum I want 20% ROI. What we'll do is we'll factor in your cost and then the Amazon fees, obviously factoring in that 20% ROI and say, okay, here's your calculated min price. We'll automatically set that for all your SKUs. So we create different strategies and those strategies can be assigned to a group of SKUs, one SKU, your entire account; it's really up to you. And then however you want to set those min max prices, you can definitely do that. Joe: That's pretty impressive. Dillon: Yeah. Joe: When it comes to wholesale, again, I'm a little ignorant on it, because it's probably a well-known brand; I would assume or a well enough known brand are people searching for the brand name and therefore there's not as much sponsored ads or are people doing sponsored advertising as well? Dillon: This is what's interesting, I know ads are very prominent and expensive for private label. What's interesting is when I started testing paid ads on wholesale, they were actually very cheap. And for whatever reason, the brands themselves do not seem to be doing that on Amazon. They don't. They just let the sales happen and they don't progress with it, period. The opportunity is that it's less competitive because from my personal experience, what I've done is I've created ads targeting the brand name and the product name and not the type of product. So the proverbial garlic fresh, right. Joe: [Inaudible 00:22:36.5]. Dillon: Yeah, but we're going to do as an example, Nike, blah, blah, blah. When you're doing that they're super cheap and very scalable. I had a product that retailed for $329.95, it was costing me an additional $5 per sale via paid ads, and they're already doing 30 to 40 units per month organically. But that netted me $55 net profit so minus the $5 we're still doing 50 bucks. So I'm able to increase my volume. I'm trading five bucks for 50 bucks at this point. Joe: Sure. Dillon: [inaudible 00:23:11.3] oh, that's expensive, five bucks. I'm like, not really when you do the math on it. Joe: Absolutely, you're paying five bucks and you're getting 50 bucks back. That's a good return. Dillon: Yeah, I'm not even very good at it. That's the important part. Joe: Are you doing any video ads; do you have the options to do whatever you want or can you not do video ads for wholesale? Dillon: I've yet to see any restrictions on that. I haven't done the video ads. There's this weird dichotomy where there's some things you should be willing to do for your brands and then there are some things that are just going to cost too much. It's very ROI driven. So, some brands are going to do that themselves and that's going to help you organically. Some sellers, if you have the right exclusive agreement, it can make sense. It just comes down to the math where it really will... Joe: We just had Judson Morgan on from www.Butter.la and he talked everybody through how to do videos from your iPhone or a Pixel, and it's not a lot of dough. An unboxing, if you will. You're making it natural and normal and he talked about the lighting and all that stuff. That's what I'm talking about. He talked about the bump in conversion rate with videos, either video ads or videos in your listings. I know that with private label, they get six or seven; maybe six to eight images that they're allowed to have and one of them can be video. Normally it's pushed to the very end. Do you do that with wholesale as well, the video, the unboxing, and things of that nature? Dillon: You do to a certain degree. So, part of the value add to the brand, again, is not just your capital. It's looking at where the listing itself can be optimized. A lot of sellers are hesitant to do that stuff because all that work is not just coming back to you. It's coming back to all the other sellers. And so that's where it gets kind of interesting, where there's some growth hacks, so to speak, that are only going to come back to you as the seller. So you're not really increasing competition's volume as well. I'm of the opinion if it raises all boats, I'm still probably willing to do it because I'm still getting a positive ROI on that it just depends on the person. So, I'm a huge fan of a growth strategy that I kind of created actually from Amazon affiliate sites. So, I was looking at different brokers. I'm just looking at what's for sale in the Amazon space. I'd like to keep a look at multiples and what's being sold. I was like, you know what, these Amazon affiliate sites are genius. They're there to make money and move inventory because that's when they get paid. So then I said, well, what happens when I start to reach out to these site owners and say, you know what, I sell a grill thermometer, you have a bestbarbecue.com Amazon affiliate site, what happens when I get you to replace your $200 grill thermometer with my $329 one, does that actually increase sales? And if we can structure the URL correctly, all of the sales are coming straight to me, not just anybody who happens to be in the buy box at the moment. It turns out you can. So, there's some more strategy there in terms of growth but that's where you have to really think through the relationship you have. If it's a very short term seasonal relationship, I may not be willing to go to that extent because it is a lot of work. However, if it's a brand that I want to work with for a long period of time, that's different. And I've always told people to approach it that way. If I don't in my mind think that I can work with a brand for the next 12 plus months, I really don't see the point in it. I'm not opportunistic in the way I approach wholesale. Joe: You're blowing my mind that you're 28 years old, I got to tell you that. Dillon: I appreciate it. Thank you. Joe: All right. So, Aura Repricing, anybody that does any wholesale got to go to Aura Repricing. Check it out and see what Aura repricing could do for them. Let's talk also about the two podcasts; I think you've got two podcasts or is it one? Anything else you want people to know about you and things of that nature before we wrap it up here? Dillon: Sure. So, I kind of got sick of the $3,000 courses. I'm not anti-course by any stretch of the imagination. Joe: We just launched one for $3,000. Dillon: So, I decided I was going to share everything that I knew, which is I'm not an expert in my opinion, but I know some stuff and so I'm willing to share everything that I do know. So if you go to www.Vendrive.com/blog, I've pretty much written some crazy in-depth articles on wholesale in terms of overcoming objections with suppliers, the cash flow management of it; all the fun nitty-gritty stuff. And of course, Wholesale Made Easy, which is the podcast. I'm not running that active anymore. That was structured to be like an evergreen podcast where it's not short-term tactics. It's foundational stuff like we're talking about here that if you listen to it a year from now, it's still going to apply. We do have the new podcast called Welcome to Growth, which is me and my co-host, Jonathan. It's way more casual and it's more just me and him going back and forth every Thursday on different topics. Joe: That's where I heard your first. I'm like I like these guys, they don't have any scripts at all. It's perfect for me. Dillon: We literally show up that morning. We might text the night before and say, hey, here's three topics that I would like to talk about. We'll pick one and just riff on it for about an hour. Joe: Yeah, it's awesome and you're a wealth of knowledge. We need to talk more about wholesale again someday. Thanks for coming on the podcast. I appreciate it. Dillon: Yeah, thanks for having me.

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How to Start an Amazon Brand with Kenmore Coffee #70

My Amazon Guy

Play Episode Listen Later Jul 31, 2020 47:40

We did a podcast with Welcome to Growth with Jonathan Lyman and Dillon Carter and these guys were a blast to talk to. So we invited them onto the My Amazon Guy podcast to talk about how they are launching a coffee brand. How to go liveSee Amazon as an acquisition channel. See high life time value from repeat orders.Just getting started in Amazon. Found source for roaster local and 30% cheaper per bag than the next cheapest on the list.Why choose Amazon over some other platform?Dillon owns Vendrive.com - wholesale resellers. Goaura.com - Repricing tool.Decision making - successful business vs having employees. Difference between running an Amazon product ecommerce business vs SAS company.Get Amazon Consulting at https://myamazonguy.com/#KenmoreCoffeee #LaunchingAmazon #StartingSellerCentral #JonathanLyman #DillonCarter #Vendrive #GoauraSupport the show (https://www.paypal.com/paypalme/myamazonguy)

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Amazon wholesale vs Private Label with Trent Dyrsmid of Flowster

Amazing FBA Amazon and ECommerce Podcast, for Amazon Private Label Sellers, Shopify, Magento or Woocommerce business owners,

Play Episode Listen Later Jun 17, 2020 16:36

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

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Amazon Wholesale Processes with Trent Dyrsmid of Flowster.com

Amazing FBA Amazon and ECommerce Podcast, for Amazon Private Label Sellers, Shopify, Magento or Woocommerce business owners,

Play Episode Listen Later Jun 16, 2020 40:10

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

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Imaginative Business Problem Solving with Dillon Carter

Amazing FBA Amazon and ECommerce Podcast, for Amazon Private Label Sellers, Shopify, Magento or Woocommerce business owners,

Play Episode Listen Later Jun 5, 2020 37:56

Imagination in an Amazon business In a world of Amazon sellers (and there were 2 million active sellers worldwide in 2019), it can become an echo chamber (as Will Tjernlund says) where everyone just copies everyone. Not only does it get pretty repetitive, it's not good business sense to use the same models as everyone else. Most of all, you could be overlooking some massive wins inherent in the ecommerce/Amazon situation right now. Dillon CArter of GoAura.com and Michael knock around some of the more radical ways you could consider moving your business forward - or even forming a completely new kind of business at a higher level. You'll Learn Why you need to have a funnel for the Amazon Wholesale Sourcing game How Dillon lost $2000 in profit by NOT tracking his supplier relationships well Why managing the ongoing supplier relationship is massively neglected and why that matters... How to respond long-term to the (also long-term) trend towards lower prices in any product category How to solve capital shortages (not an "easy" win but nonetheless a proven model) 3 big-picture big opportunities in e-commerce and retail broadly right now (2 of them involve combining physical retail businesses with online selling!) How using Leveraged Buyouts can mean you buy half a business...which then buys itself! Resources mentioned: Vendrive.com Amazon Wholesale CRM system Goaura.com Amazon intelligent repricer for Amazon resellers Related episodes ecommerce business processes with Dillon Carter

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Imaginative Business Problem Solving with Dillon Carter

Play Episode Listen Later Jun 5, 2020 37:56

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Ecommerce Business Processes with Dillon Carter of Vendrive CRM

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Play Episode Listen Later Jun 3, 2020 44:52

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 with Dillon Carter of Vendrive CRM

Amazing FBA Amazon and ECommerce Podcast, for Amazon Private Label Sellers, Shopify, Magento or Woocommerce business owners,

Play Episode Listen Later Jun 2, 2020 15:32

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.

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#029 Automation in Your Amazon Business & Personal Life with Dillon Carter

Wizards of Amazon

Play Episode Listen Later May 11, 2020 59:37

Why should you consider automating more of your processes in life and business? Dillon Carter of Vendrive is here to share that answer with you. He is the king of automation and creating business efficiencies and he’s sharing his best tips on how to streamline your processes. First, why are you NOT using your keyboard shortcuts? There is no reason you should be populating your email address or the date or any of those other rote bits of information each time you send correspondence. You need Keyboard Maestro (Mac). With this one tool you can automate how you type, pulling up programs, talking to those programs, and managing your files. Want better, more efficient file management? Blend Keyboard Maestro with Hazel! Still not enough? Incorporate Zapier and automate program to program automations. Think of all the things that you do over and over in your business. Can those tasks be automated? More often than not the answer is yes! Rather than thinking that you need to bring on another body to handle the tasks that you just don’t have time for, instead think of how you can automate those tasks. If you can hold off on bringing in additional personnel until you’re at more than $500k per year, then you’ve got it made. Dillon is a wealth of knowledge on how you can better integrate work and life without letting either suffer or take over. You’ll definitely want to catch this episode if you’ve been looking for better ways to make your business more automated! In This Episode: [00:37] Welcome Dillon Carter to the show to chat about automation. [01:40] Dillon shares a bit about his show and his entrepreneurial endeavors. [03:54] Testing everything was the best way to get his feet wet. [07:23] How does Dillon make all of his ventures work? [09:47] Why automation is so important to exceptional results. [10:20] Dillon has given up the idea of work life balance and has incorporated work life integration. [13:41] What does Dillon’s tech stack look like and why? [16:22] Keyboard Maestro is an amazing way to automate keyboard shortcuts with program functions. [18:02] How did Dillon figure out how long small tasks were taking him to do over and over. [19:08] Dillon uses Hazel to create rules to rename files, send them to folders, and keep you organized. [20:31] Learn how Hazel figures out which files go where. [22:59] Hazel can even clean up your desktop dumps. Learn how! [24:40] What’s the cost for Hazel and the learning curve? [27:14] How does Zapier work with your Facebook group? [32:02] Has Siri gotten good enough to use in automation? [33:37] Is Siri shortcuts different from regular Siri? [37:11] Any other stand out tools? [39:33] How Dillon keeps track of his thoughts and ideas even when he’s not ready to act. [42:42] Airtable is for planning… Todoist is for day to day tasks… [47:13] … and everything else you can use to automate. [49:59] Where should someone start with getting automated? [52:22] What is the OAO framework? [54:22] Connect with Dillon and what’s his favorite book? Links and Resources: Wizards of Amazon Wizards of Amazon Courses Wizards of Amazon Meetup Text “Amazon” to 69922 Wizards of Amazon on Facebook Wizards of Amazon on Instagram Wizards of Amazon on LinkedIn Wizards of Amazon on Twitter Vendrive GoAuraWelcome to Growth Podcast Dillon’s Website Keyboard Maestro Hazel Zapier Group Funnels Siri ShortcutsTodoist Airtable Alfred Integromat DraftsCopyClip The Replaceable Founder Algorithms to Live By by Brian Christian and Tom Griffiths

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EP 23: Repricing Strategies with Dillon Carter

Marketplace Blueprint: Product Marketing Strategies for Amazon

Play Episode Listen Later Feb 18, 2020 43:36

In this episode of the Marketplace Blueprint podcast, Robyn interviews Dylan Carter from GoAura, as he shares his insight on pricing strategies and using re-pricers. Looking for support, training, or someone to handle your Amazon channel sales for you? Contact us at MarketplaceBlueprint.com for more information. We have case studies of our work with a variety of Amazon accounts on both Amazon Vendor Central and Seller Central. You can also visit our Marketplace Blueprint Blog and schedule an appointment with Robyn.

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EA6 Interview With Dillon Carter, Successful Amazon Seller, Getting Started Selling, Aura, Vendrive

Entrepreneur Adventure Amazon Wholesale Online Business Podcast

Play Episode Listen Later Jan 14, 2020 63:29

There’s a big difference between an Amazon seller and a businessperson who uses Amazon. At least according to Dillon Carter, an Amazon wholesale success story. After listening to The Selling Family, Carter became entranced with the idea of building a business on Amazon. In his early 20s, Carter took the ultimate risk when he quit his day-job and dove headfirst into sales. While digging up a decent paycheck in retail arbitrage, Carter wanted more. Hoping to scale his business, he took yet another risk and switched his model to wholesale. Carter now earns six figures in annual sales and develops tools specifically designed to improve your business. In this episode, Carter walks us through his strategies for overcoming every obstacle wrapped in the Amazon package.

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Creating a 6 Figure+ Wholesale Business on Amazon with Dillon Carter, Ep #33

Maximizing Ecommerce

Play Episode Listen Later Dec 19, 2019 67:28

Many sellers, including myself, are so focused on growing a brand that we lose sight of the potential for selling other people’s products. To help us explore the opportunity selling with the wholesale model, I am excited to have on Dillon Carter. The upside of selling wholesale is that it is fairly simple and the barriers to entry are low. The bad news is that it is easy for others to get started as well, and unfortunately, many suppliers don’t want to work with Amazon sellers. Dillon comes on to share share tips for getting approved for wholesale accounts. He is a self professed automation geek, but his advice to go old school and pick up the phone and call. Doing what doesn’t scale can be what gets you to learn what works. In addition to share a lot of great information on the wholesale model, Dillon shares his tips on mindset. One of his biggest cautions is in chasing after “enough information” when the missing ingredient is experience (not information). We also discuss strategies for getting the Buy Box (might even help get more impressions to your private label listings as well). Resources & People Mentioned Selling Family Wholesale Inspector Scan Unlimited Aura Vendrive Connect with Dillon Carter Wholesale Made Easy Podcast Dillon’s Blog Connect With Kevin Sanderson www.Instagram.com/maximizingecommerce www.YouTube.com/maximizingecommerce www.Facebook.com/maximizingecommerce www.Twitter.com/maxecom Subscribe to Maximizing Ecommerce on Apple Podcasts, Google Podcasts, Spotify, Stitcher, PlayerFM

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Live Entrepre-doers With Co-Founder Of Aura Repricer Dillon Carter

Entrepre-Doers

Play Episode Listen Later Dec 3, 2019 126:16

Live Entrepre-doers With Co-Founder Of Aura Repricer Dillon Carter! We will be discussing pricing strategies and how the Aura Repricer Works! This is a replay of our Live show that can be found on the following Youtube Channels, Monday - Friday 9am Central Time. 10 am Eastern Time. Youtube Channels: Tommy "The Bargain Effect": https://www.youtube.com/c/thebargaineffect Anthony "Picksburgh": https://www.youtube.com/channel/UCry5KXIXGS0WQ1MQTjs6Pjw Nate "Everyday Im Hustin": https://www.youtube.com/channel/UCY6FqI38jeDQBZXO4LSUGZw Destinie "The Shamrock Pixie": https://www.youtube.com/channel/UChAfALLZgL7oTuLGjJMNBlw --- Send in a voice message: https://anchor.fm/thebargaineffect/message

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Dillon Carter | The Future of Amazon Selling

P is for Profit

Play Episode Listen Later Oct 7, 2019 37:55

Amazon is a great platform for your eCommerce business, says Dillon Carter of Vendrive. But it’s definitely not without its pitfalls. Dillon shares many of the unexpected – but all too real – obstacles to successful selling on Amazon… and how to overcome them. He says with the right data, a focused mindset, and some basic business knowledge, anybody can easily scale up their Amazon selling.

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Core Principles for Strategic Growth with Dillon Carter Part 3

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Play Episode Listen Later Oct 1, 2019 33:24

On Episode 6 David & Nick wrap up their chat with Dillon Carter. Be sure to listen to Part 1 first if you have not already! Be sure to listen to Part 2 first if you have not already! In this 3 part series David, Nick and Dillon discuss a variety of core principles that can help with the strategic growth of your business whether you are on "Day 0" or stuck in a rut to reach that next level. David has over 20 years as a DJ and Game Show host in the event space, Nick is a Videographer fresh out of College. While their careers are on opposite ends of the experience scale, they have very similar views on business, life and the drive for success. Follow Nick on Instagram @nasvisualsllc | Follow David on Instagram @davidhanscom Dillon Carter is currently finishing his bachelor's in Finance and the University of North Florida and one of the co-founders of Vendrive CRM and Aura - tools that help Amazon sellers grow. --- Support this podcast: https://anchor.fm/therookieandthevetpodcast/support

Core Principles for Strategic Growth with Dillon Carter Part 2

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Play Episode Listen Later Sep 24, 2019 25:29

On Episode 5 David & Nick continue their chat with Dillon Carter. Be sure to listen to Part 1 first if you have not already! In this 3 part series David, Nick and Dillon discuss a variety of core principles that can help with the strategic growth of your business whether you are on "Day 0" or stuck in a rut to reach that next level. David has over 20 years as a DJ and Game Show host in the event space, Nick is a Videographer fresh out of College. While their careers are on opposite ends of the experience scale, they have very similar views on business, life and the drive for success. Follow Nick on Instagram @nasvisualsllc | Follow David on Instagram @davidhanscom Dillon Carter is currently finishing his bachelor's in Finance and the University of North Florida and one of the co-founders of Vendrive CRM and Aura - tools that help Amazon sellers grow. --- Support this podcast: https://anchor.fm/therookieandthevetpodcast/support

Core Principles for Strategic Growth with Dillon Carter Part 1

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Play Episode Listen Later Sep 17, 2019 23:34

On Episode 4 David & Nick talk with Dillon Carter. In this 3 part series David, Nick and Dillon discuss a variety of core principles that can help with the strategic growth of your business whether you are on "Day 0" or stuck in a rut to reach that next level. David has over 20 years as a DJ and Game Show host in the event space, Nick is a Videographer fresh out of College. While their careers are on opposite ends of the experience scale, they have very similar views on business, life and the drive for success. Follow Nick on Instagram @nasvisualsllc | Follow David on Instagram @davidhanscom Dillon Carter is currently finishing his bachelor's in Finance and the University of North Florida and one of the co-founders of Vendrive CRM and Aura - tools that help Amazon sellers grow. --- Support this podcast: https://anchor.fm/therookieandthevetpodcast/support

How To Wholesale On Amazon with Dillon Carter (Part 2)

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Play Episode Listen Later Jun 12, 2019 1978:34

Today we talk to Dillon Carter on how to wholesale on Amazon. If you’re looking to get into selling established brands on Amazon, this is the episode for you!Clip 1 IntroductionClip 2 FBA Wholesale SellerClip 3 Wholesale SellerClip 4 Basic Requirement for WholesaleClip 5 Source of ProductClip 6 Competing with Buy Box and ManufacturerClip 7 Sourcing CriteriaClip 8 Checking Prep CenterClip 9 Finding Good Prep CenterClip 10 BrandingClip 11 Create ListingClip 12 Finding Products, Tips to ConvinceClip 13 Vendrive CRM Clip 14 Dillon Carter Contact DetailsClip 15 Overseas SellerClip 16 Aura Amazon RepricerThings we mention in episode 13 of SRT: Amazing at Home: https://amazingathome.com/Aura: https://goaura.com/DS Amazon Quick View: http://bit.ly/2kF43GxSeller SEO: https://sellerseo.com/Ven Drive FB Group – vendrive.com/groupJoin us every Tuesday at 1PM PST for free amazon coaching and Q&A at https://sellerseo.

How To Wholesale On Amazon with Dillon Carter (Part 2)

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Play Episode Listen Later Jun 12, 2019 32:58

Today we talk to Dillon Carter on how to wholesale on Amazon. If you’re looking to get into selling established […] The post How To Wholesale On Amazon with Dillon Carter (Part 2) appeared first on Seller Round Table - Amazon FBA Podcast.

How To Wholesale On Amazon with Dillon Carter (Part 1)

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Play Episode Listen Later Jun 10, 2019 1964:34

Clip 1 Introduction Clip 2 FBA Wholesale Seller Clip 3 Wholesale Seller Clip 4 Basic Requirement for Wholesale Clip 5 Source of Product Clip 6 Competing with Buy Box and Manufacturer Clip 7 Sourcing Criteria Clip 8 Checking Prep Center Clip 9 Finding Good Prep Center Clip 10 Branding Clip 11 Create Listing Clip 12 Finding Products, Tips to Convince Clip 13 Vendrive CRM Clip 14 Dillon Carter Contact Details Clip 15 Overseas Seller Clip 16 Aura Amazon Repricer Things we mention in episode 13 of SRT: Amazing at Home: https://amazingathome.com/ Aura: https://goaura.com/ DS Amazon Quick View: http://bit.ly/2kF43Gx Seller SEO: https://sellerseo.com/ Ven Drive FB Group – vendrive.com/group Join us every Tuesday at 1PM PST for free amazon coaching and Q&A at https://sellerseo.com/seller-roundtable Try the greatest Amazon seller tools on the planet free for 30 days at https://sellerseo.com

How To Wholesale On Amazon with Dillon Carter (Part 1)