Episode 47: New Opportunities In Wholesale | How to Maximize Profit With Todd Snively and Chris Keef
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Description
Today we interview Todd Snively and Chris Keef, two Amazon Wholesale professionals. We discuss how the current global pandemic has affected E-commerce on Amazon, and warn against trying to capitalize...
show more-Covid-19’s Impacts on E-commerce 1:15
-How Amazon is Moving Forward; The “Unsexy” Approach; Reducing Risk 8:31
-Advice For Those Struggling With Sourcing; Amazon’s Efforts to Build Trust 18:24
-How wholesaleproductmastery.com Can Help You 30:05
“The inventory turns that we can get at any given time with private label, it was 3, 4, maybe? We’re gonna take that investment and maybe get 3 to 4 times on it. In the wholesale model you should get 12, 14, 15? I mean, you can turn that same investment so many times because they are U.S. based suppliers. You’re only holding inventory on hand 2 and a half weeks, 3 weeks? You don’t have to float an entire container load’s worth of stuff for your inventory. So, I made that switch for those reasons among others, and it’s certainly paid off handsomely.” 16:56
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Author | Scott Needham |
Organization | Scott Needham |
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