Amazon FBA Retail Arbitrage Explained by 7 figure Seller Jamison Philippi episode 11
John (https://www.instagram.com/sidehustleexperiment/) and Drew (https://www.instagram.com/drewfba/) talk with Jamison Philippi (https://www.instagram.com/jamisonphilippi/).
Jamison shares his journey from selling on eBay to becoming a successful Amazon seller. He discusses the challenges and lessons learned from his experience with retail arbitrage (RA) and online arbitrage (OA). Jameson also talks about the benefits of RA road trips and the importance of cash flow management.
#amazonfba #amazonfbatips #sidehustleexperimentpodcast
Follow us on Instagram: https://www.instagram.com/sidehustleexperimentpodcast/
00:00 Introduction and Background
02:19 Progression from 1.6 to 2 Million in Sales
03:28 RA vs OA and Wholesale
04:48 The Benefits of RA Road Trips
09:08 The Challenges of OA Sourcing
13:14 Handling Returns and Liquidating Inventory
26:06 Selling Returns and Unwanted Inventory
38:09 The Importance of Self-Reflection and Personal Growth
41:06 The Difficulty of Changing Without Hitting Rock Bottom
49:25 Focusing on Daily Actions Instead of Long-Term Goals
53:00 The Future Outlook and Philosophy of Success
01:11:17 How much he made on a Single ASIN
01:19:32 Dealing with Difficulties in Life
Listen on your favorite podcast platform
Youtube: https://bit.ly/3HHklFO
Spotify: https://spoti.fi/48RRKcP
Apple: https://apple.co/4bmaFOk
Check out Drew's Stuff
Instagram: https://www.instagram.com/drewfba/
Twitter: https://twitter.com/DrewFBA
Check out John's Stuff
Instagram: https://www.instagram.com/sidehustleexperiment/
Twitter: https://twitter.com/SideHustleExp
AVOID Price Tanking with The Tank Test Check List (FREE): https://bit.ly/3pgNWQz