Seller Sessions Amazon FBA and Private Label

How a Former Pro Gambler Built an 8-Figure Amazon Empire


Listen Later

How a Former Pro Gambler Built an 8-Figure Amazon Empire   In this in-depth conversation, Sim shares his unique transition from professional poker and sports betting into the world of Amazon selling. With a background in calculated risk-taking, Sim leveraged his analytical mindset to build an eight-figure Amazon business.
  • Sim started as a poker player, making six figures annually before transitioning into his father's business.
  • He recognized early on that gambling was unsustainable in the long run, prompting his shift to Amazon.
  • The mindset of finding an “edge” in poker directly translated into his approach to e-commerce, where he constantly seeks competitive advantages.
Lessons from Gambling That Applied to Amazon
  • Understanding risk and reward: Sim’s experience in poker helped him assess market opportunities with a gambler’s precision.
  • Decision-making under pressure: Navigating Amazon’s ever-changing landscape requires quick and calculated moves.
  • Data-driven strategy: Just like analyzing poker hands, Sim dives deep into product performance and market trends to optimize results.
Scaling to 8 Figures: The Key Strategies 1. The Power of Systems and Delegation
  • Sim initially handled every part of the business, from logistics to listing optimization.
  • By restructuring roles and responsibilities, the business became more scalable and efficient.
2. Leveraging Seller Fulfilled Prime for an Edge
  • Sim’s business runs its own warehouse, allowing for better control over fulfillment.
  • Their Seller Fulfilled Prime strategy ensures customers always see one-day shipping, optimizing conversions.
  • By managing fulfillment costs effectively, they maintain higher margins than competitors.
3. The Art of Amazon Product Launches
  • Sim focuses heavily on imagery and deals rather than relying solely on PPC.
  • High-quality main images, optimized through A/B testing, drive higher click-through rates and conversions.
  • Creative pricing strategies and aggressive deal placements help maintain rankings in competitive niches.
4. The Future: Expanding in the US and Dominating a Category
  • Sim’s team is working with experts to ensure a smooth and highly profitable US launch.
  • Their goal is to completely own a specific niche in the UK, becoming the go-to brand for that category.
  • With a focus on fewer, higher-performing products, they aim to streamline operations and scale efficiently.
Challenges and Insights for Amazon Sellers
  • Balancing Growth and Complexity: Managing a warehouse and a team of nearly 30 people comes with its challenges, but Sim sees it as a long-term investment.
  • Staying Ahead with AI & Market Changes: With Amazon constantly evolving, Sim remains cautious about how AI might impact e-commerce in the future.
  • Retaining a Winning Team: One of his top priorities is maintaining high retention and keeping his skilled team motivated.
Seller Sessions Live, 2025: Grab tickets now! 🎟️ https://sellersessions.com/seller-sessions-live-2025/
...more
View all episodesView all episodes
Download on the App Store

Seller Sessions Amazon FBA and Private LabelBy Danny McMillan

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

62 ratings


More shows like Seller Sessions Amazon FBA and Private Label

View all
Shopify Masters by Shopify

Shopify Masters

373 Listeners

The GaryVee Audio Experience by Gary Vaynerchuk

The GaryVee Audio Experience

16,758 Listeners

The Foundr Podcast with Nathan Chan by Foundr Media

The Foundr Podcast with Nathan Chan

563 Listeners

AM/PM Podcast by Kevin King

AM/PM Podcast

212 Listeners

Serious Sellers Podcast: Learn How To Sell On Amazon FBA & Walmart by Helium 10

Serious Sellers Podcast: Learn How To Sell On Amazon FBA & Walmart

530 Listeners

The Full-Time FBA Show - Amazon Reseller Strategies & Stories by Stephen & Rebecca Smotherman

The Full-Time FBA Show - Amazon Reseller Strategies & Stories

233 Listeners

The Smartest Amazon Seller by SmartScout

The Smartest Amazon Seller

145 Listeners

My Amazon Guy by Steven Pope

My Amazon Guy

37 Listeners

Lunch With Norm - The eCommerce & Amazon FBA Podcast by Norman Farrar

Lunch With Norm - The eCommerce & Amazon FBA Podcast

315 Listeners

Acquisitions Anonymous - #1 for business buying, selling and operating by Bill D'Alessandro, Mills Snell, Heather Endresen, and Michael Girdley

Acquisitions Anonymous - #1 for business buying, selling and operating

241 Listeners

The Amazon Private Label Show by FBA University

The Amazon Private Label Show

28 Listeners

Ecomm Breakthrough by Josh Hadley

Ecomm Breakthrough

78 Listeners

Build with Leila Hormozi by Leila Hormozi

Build with Leila Hormozi

825 Listeners

OPERATORS by OPERATORS

OPERATORS

43 Listeners

Moneywise by Hampton

Moneywise

633 Listeners