341: How to Make Money with Wholesale Bundles on Amazon FBA

The Side Hustle Show

Nick Loper

How To, Entrepreneurship, Business, Education

4.7 • 1.6K Ratings

🗓️ 27 June 2019

⏱️ 62 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Amy Feierman and Kristin Ostrander of MommyIncome.com have generated over $2 million in sales on Amazon over the last 12 months with a unique strategy that has high margins and lower costs per sale. What are they selling on Amazon? Bundles -- Think shampoo and conditioner, peanut and butter, or any 2-6 products that compliment each other and provide some added value and convenience to the buyer. Amy and Kristin have both been selling online for over 10 years, but recently they have shifted their focus onto this specific strategy of wholesale bundles – and it’s working really well for a number of reasons. These bundles make life easier for the 1-click ordering, free Prime shipping Amazon customer, and they make life better for you as a seller because you face less competition and can earn better profit margins. Tune in to hear how Amy and Kristin go about their product research that leaves them confident their bundles are going to sell without any paid ads, product reviews, or marketing efforts. You'll also learn how they're sourcing their inventory, the kinds of upfront investment needed, and the price points and margins they're working with. Full Show Notes and PDF Highlight Reel: How to Make Money with Wholesale Bundles on Amazon FBA

Transcript

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0:00.0	Snot will show at 3.41. This is wholesale bundles on Amazon. How to step up your
0:06.8	FBA business in profit margins by bundling popular products together.
0:16.0	What's up, what's up Nick? Loper here, welcome to the Side Hustle show because
0:18.0	your business should make someone else's life better or easier.
0:22.0	That's why they're doing business with you and that's exactly
0:24.2	what Amy Fearman and Kristen Ostrander are doing with their Amazon FBA business.
0:29.4	They've both been selling online for over 10 years but recently have focused on the specific
0:34.1	strategy of wholesale bundles that is packaging two or more complimentary
0:39.1	products together think shampoo and conditioner peanut butter jelly, and selling those under one listing.
0:45.0	Those bundles make life easier for the one-click ordering, free prime shipping Amazon customer
0:50.0	and they make life better for you as the seller because you face less competition and can earn better profit margins.
0:56.0	Together Amy and Kristen the self-described bundle Queens run mommy income.com where they share more about their business and how they
1:03.8	generated over two million dollars in sales in the last 12 months but stick
1:08.1	around today to hear their bundle product research process your inventory
1:11.7	sourcing options and what kinds of upfront investment, price
1:15.3	points, and margins are realistic.
1:17.8	Notes and links for this one, plus the free PDF highlight reel with all of Amy and
1:21.4	Kristen's top tips are at
1:23.0	side hustle nation.com slash bundle. Now Amy and Kristen are about to
1:27.2	share a bunch of the tools they use to help them come up with bundle ideas and
1:30.7	manage their business and one tool I rely on every month is our sponsor
1:34.3	Freshbooks.com. Freshbooks is the number one invoicing and accounting software
	...

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