Amazon Wholesale Sourcing with Dillon Carter of Vendrive CRM - a podcast by Michael Veazey

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 isThe 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 accountWhy 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 businessResources mentioned

Vendrive - CRM system for managing Amazon wholesaleRelated Podcast episodes

Amazon wholesale business with Dylan Frost of The Wholesale FormulaAmazon wholesale  with Dylan Frost of The Wholesale Formula
Wholesale sourcing for Amazon with Dan Meadors of The Wholesale FormulaAmazon wholesale marketing with Dan Meadors of The Wholesale Formula


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Further episodes of Amazing FBA Amazon and ECommerce Podcast, for Amazon Private Label Sellers, Shopify, Magento or Woocommerce business owners, and other e-commerce sellers and digital entrepreneurs.

Further podcasts by Michael Veazey

Website of Michael Veazey