Amazon Wholesale Reverse Sourcing 2024: From Product Ideas to Researching Suppliers | eCom Insights for Sellers on Amazon, Shopify, eBay and Walmart | Podwise
This podcast episode explores the challenges and benefits of wholesale in the Amazon FBA business. It discusses the difficulties faced by sellers in finding reliable wholesale lists and accessing discounted prices for large quantities of goods. The episode emphasizes the need to calculate profit margins, consider factors like quantity discounts, and potentially work directly with brands to eliminate intermediaries. It also highlights the importance of strong financial foundations, product viability, pricing, and understanding the terms of wholesalers and distributors. The episode provides insights into finding profitable products on Amazon, utilizing tools like AMZScout to analyze data and competition. It explains the process of entering the wholesale market, finding reputable brands, and establishing partnerships through various resources like wholesale directories, trade shows, and online communities. The overall goal is for sellers to be competitive on platforms like Amazon by maximizing profits and minimizing costs.
