Approximately a month ago, I decided to transition my eCommerce business from focusing on sourcing private label products to sourcing US brands wholesale and since then, the grow of my revenue has been incredible.
By following the sourcing formula that I share in this episode, I’ve been able to add 20 new products to my product catalog in under 30 days, and assuming that my forecast share of the buy box on Amazon is accurate, that will translate into approximately $31,000 of revenue ($3,500 of profit) over the next month!
In addition to that, two of of these deals are such that the brand has given me exclusivity to sell their products on Amazon and the other major eCommerce channels – and I cover how I structured these deals to make it incredibly easy for each brand to quickly agree to my offer.
If you prefer video, here’s a recording of me explaining my system to a large audience at the 2018 TWF Conference.
In This Episode, I Discuss:
- What I learned while attending Retail Global in Las Vegas
- My exact wholesale product sourcing strategy
- How I have won two exclusive Amazon deals
Links Mentioned in this Episode
Who is Trent Dyrsmid?
Trent Dyrsmid is a serial entrepreneur, husband, and father. His 3 private companies generate millions a year in revenue. He is also the host of the Bright Ideas podcast. Profit Magazine named Trent’s first company as one of Canada’s PROFIT 100 fastest growing companies for two years in a row before he sold it for 7 figures in 2008. Business in Vancouver magazine named Trent a Top 40 Under 40 Entrepreneur. If you want to discover how Trent plans to grow his Amazon wholesale business from 7 to 8 figures a year, become a subscriber today.