#510: Building a very healthy wholesale biz using provenamazoncourse.com REPLENS model
Silent Sales Machine Radio
Jim Cockrum
4.8 • 811 Ratings
🗓️ 1 September 2022
⏱️ 73 minutes
🧾️ Download transcript
Summary
Today's guest works full-time at a corporate career so he has limited time each week to commit to his Amazon selling business. He has experimented with various ecommerce strategies for years with limited success, but recently he's seeing tremendous success using the Amazon REPLENS model (as taught in the provenamazoncourse.com) and he's applying the strategies to wholesale sourcing. He's hoping to hit seven figures in sales in 2022 with his model.
Today's guest: Mike League
Watch this episode on our YouTube channel: https://youtu.be/eWqBF-DTbEw
Show note LINKS:
ProvenWholesaleSourcing.com - Learn wholesale sourcing strategies from a multiple seven figure Wholesale seller who has taught many on our team to find unique wholesale/replen opportunities right on Amazon. It's an amazing system. Taught by Rich Potter and his team.
https://replenwholesaleworkshop.com - LIVE wholesale training with Rich Potter
AdvancedReplensMastermind.com :For Amazon Replens sellers who have hit the $10,000/month sales mark. You'll get dozens of standard operating procedures, assistance with automating and scaling, and you will be connecting with other advanced sellers so that you can all grow together and network! At the series conclusion, you'll be assigned a permanent mastermind of your fellow Amazon business builders!
ProvenReplensVA.com - we train a virtual assistant for you who finds profitable replens unique to you for a few dollars per day
Proven Amazon Course - https://ProvenAmazonCourse.com - Are you ready to be successful selling on Amazon? It's time to get instant access to the most widely used, most up to date, most creative and industry leading course in the "Learn to sell on Amazon" space. You'll find hundreds of recent success stories in our Free Facebook group from Amazon sellers using all manner of creative strategies.
Our Facebook group - https://www.facebook.com/groups/mysilentteam
100% FREE! Join 70,000 + members from around the world who are using the internet creatively every day to launch and grow multiple income streams through our exciting PROVEN strategies! There's no support community like this one anywhere else in the world
JimCockrumCoaching.com Get a free session with a business consultant on our team at 1-800-994-1792 / 1-801-693-1688 or TEXT US at 385-284-7701 (US & Canada only for Text)
Keepa.com - https://get.keepa.com/ede41 -The service we use to help interpret all of the selling data. For more information, Jim goes into more detail regarding why we love KEEPA and why every replen seller needs it on episode 369 of this podcast.
SmartScout Research tool - The best price you'll find anywhere on this powertool is at SilentJim.com/ss
RevSeller - the business tool many of our coaches and students use to analyze and organize business data https://provenamazoncourse.com/revseller
SilentJim.com/updates - get an alert on your smartphone each time we have a new podcast episode or free training event!
Transcript
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| 0:00.0 | Hey, business building warrior. Welcome to Silent Sales Machine Radio, another e-commerce warrior |
| 0:07.7 | interview today for you, someone who's built an incredible business. And Mike, our guest today, |
| 0:13.7 | focuses primarily on wholesale. He's aiming to hit about a million dollars in sales this year. |
| 0:21.1 | And his margins aren't where he wants him to be quite yet, but he's getting there. |
| 0:25.2 | He's got a beautiful business for sure, considering especially that he has a full-time job, |
| 0:29.9 | he's only able to put a few hours per week into this business. |
| 0:32.9 | We did the math at one point on today's episode. |
| 0:35.3 | He's making about $150 net profit per hour on his business. |
| 0:41.5 | Not a bad gig at all, especially for a busy guy that's fitting it into the cracks of his life, |
| 0:47.3 | as you've heard his say around here. We talk about a whole variety of subjects today. |
| 0:51.8 | We kind of wander around a bit. I learned several things. I think I |
| 0:55.4 | taught Mike a few new things. Just think of this as a couple guys sitting down virtually over a cup of |
| 1:01.6 | coffee and having a conversation about selling on Amazon, what works, what doesn't work, |
| 1:07.4 | the journey that they've been on. And I think you're going to enjoy getting to know Mike today. He has extensive experience because he's been doing e-commerce for a very long time, |
| 1:16.4 | but he never really did anything that works. I mean, he even talks about filling out those |
| 1:20.5 | online surveys initially, right? Like, if I hustled, you know, I could make a little bit of money |
| 1:25.2 | and I was getting some free Wendy's and that sort of thing. Like that was his initial start into e-commerce. But now he's |
| 1:32.3 | managing a multiple six coming up on seven-figure business. He's building a team. He's got a great |
| 1:38.7 | process in place. He's plugging into the tools and resources of this community in a big way. |
| 1:43.0 | And he's benefiting greatly from |
| 1:44.5 | that he's a big fan of this podcast he talks very highly of it we talk about some different |
| 1:48.5 | book suggestions and things towards the end as well it's just a good general listening on a couple |
... |
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