The 3-step formula to making over $1 million/year selling brand products WITHOUT paid ads.
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In this video, we talk about a new strategy of selling branded products: Reverse Wholesale.
This is an extremely lucrative business model, that involves reselling branded products for a profit on Amazon.
E-commerce millionaires, Dan and Eric, have used this model to make over $16 million dollars alone on Amazon.
The best part? They were able to do all of this:
WITHOUT paid ads
WITHOUT creating a product
WITHOUT dealing with customer service
WITHOUT a website or email list
To do this, they use a simple 3-step system called “Reverse Wholesale”. Here’s how it works:
STEP 1: LOCATE HIGH-PROFIT, HIGH POTENTIAL BRANDED PRODUCTS ON AMAZON
This step involves looking for branded products on Amazon that have a HUGE buyer demand, but very bad listings.
In essence, your aim is to “refurbish” a product that is ALREADY proven to sell well.
By refurbish, we mean improving its images, product title, product description and also features and benefits.
When a product that everyone is buying has a poor listing, you now have the opportunity to improve this listing – and make even MORE sales.
STEP 2: CREATE A WHOLESALE ACCOUNT
The next step is to ask to open a Wholesale Account with the manufacturer of the product you have identified. You do this to gain access to their Wholesale distributor so that you can buy the product at discounted rates and sell them for a profit.
However, there is a slight catch: Manufacturers don’t just accept anybody.
That’s why you use Dan’s secret method. Instead of trying to lie your way through to opening an account, you take a different approach. You NEGOTIATE.
You say, “Hey, I’ll come in, edit your listing and MASSIVELY increase your sales. In exchange, we’ll make a contract, we’ll make a deal. My business, my company, gets the right to buy these products direct from your manufacturer, at wholesale, discounted rates. I will then send these items into Amazon for you, and I will “manage” your listing and grow your sales.”
This is a deal that’s hard to turn down. At the end of the day, it is a win-win situation.
For you: You get DIRECT access to the manufacturers instead of having to go through the distributor. This means that you can buy items from them in bulk at a MASSIVE discount, allowing you to make more profits on the items you sell!
For them: More money! Considering this is a long-term deal, you’re going to make them A LOT more money since you’ll be regularly buying their items in bulk. (Who wouldn’t want that?!)
STEP 3: OPTIMIZE THE LISTING, PURCHASE THE PRODUCTS AND MAKE MONEY!
The final step involves editing their listing to make it even better. Adding better photos. Adding a great title. Adding a great description – and greatly increasing the conversions and sales.
You then buy the product you want to sell at wholesale, discounted rates, then ship them into one of Amazon’s FBA warehouses. Amazon’s FBA warehouses are incredible. They store these items for you.
When a customer purchases your item, Amazon will pick, pack and ship this item off to your customer – without you having to even lift a finger.
This means you don’t have to do ANY of the heavy lifting.
At this point it’s basically a passive source of income. All you have to do is order new products when inventory gets low. It’s upfront work for long-term rewards!