This episode of The Clear the Shelf Podcast dives deep into the journey of Eric, aka The Reselling Teacher, who left his teaching career to build a thriving Amazon business.
From starting with arbitrage to mastering wholesale and venturing into private label, Eric shares the strategies, challenges, and lessons that shaped his path to success.
šø Follow Eric on IG: https://www.instagram.com/theresellingteacher/
In this episode, Eric discusses:
⢠How he transitioned from teaching to Amazon selling.
⢠The pros and cons of arbitrage, wholesale, and private label.
⢠Why building relationships with suppliers is key to success.
⢠The importance of systems and processes in scaling your business.
⢠Lessons learned from navigating Amazonās competitive marketplace.
Whether you're a beginner or an experienced seller, Eric's insights into sourcing, scaling, and staying adaptable in the ever-changing Amazon ecosystem help you grow your business.
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RESOURCES FOR YOU:
š§° https://www.ClearTheShelf.com (The Blog)
š§° Keepa Academy - https://www.oachallenge.com/keepa-academy
š§° OA Challenge - https://www.OAChallenge.com
š§° Repricer Challenge (Free) - https://cleartheshelf.com/repricer-challenge
š§° RabbitTrailChallenge (Free) - https://cleartheshelf.com/rabbit-trail-challenge
š§° revROI Chrome Extension (Free) - https://cleartheshelf.com/revroi-extension
š§° Goal Tracking Spreadsheet (Free) - https://cleartheshelf.com/goal-tracking
SOFTWARE & SERVICES I USE & RECOMMEND:
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IP Alert (Code YT30 to Save $30) - https://entreresource.com/ip-alert-2/
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Tactical Arbitrage (Code CLEARTHESHELF for a 10-Day Trial) - https://tacticalarbitrage.com/?frnd=12
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Boxem - https://cleartheshelf.com/BoxemLive
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AURA Repricer (Code CTS to Save 20% Off Your First 3 Months) - https://goaura.com/cts
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RevSeller (Code PRO20 to Save $20) - https://www.revseller.com/32851/258.html
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OA Buddy (Code CLEARTHESHELF Saves $20): https://cleartheshelf.com/OA-Buddy
SOCIAL MEDIA LINKS:
š¦ Twitter (Chris Grant): https://twitter.com/cleartheshelf
š¦ Twitter (Chris Racic): https://twitter.com/ChrisRacic
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0:00 - Introduction: Ericās Journey from Teaching to Amazon Selling
3:15 - How Eric Got Started with Arbitrage on Amazon
7:45 - Transitioning from Arbitrage to Wholesale: Key Challenges and Wins
12:30 - The Importance of Building Supplier Relationships in Wholesale
16:20 - Scaling an Amazon Business with Systems and Processes
20:10 - Ericās Insights on Navigating the Competitive Marketplace
24:00 - Lessons Learned from Early Mistakes in Arbitrage and Wholesale
28:30 - Exploring the Move to Private Label: Why and How Eric Pivoted
32:50 - The Role of Product Research in Wholesale and Private Label
37:15 - Tools and Resources Eric Uses to Streamline His Amazon Business
41:00 - Balancing Risk and Reward When Expanding Product Lines
45:40 - Building a Sustainable Business Model Beyond Arbitrage
50:10 - How Eric Leverages Networking and Community in the Amazon Space
54:30 - The Mindset Shift Required for Scaling to Wholesale and Private Label
59:00 - Key Takeaways for New Sellers Looking to Start or Scale on Amazon
1:03:15 - Advice for Balancing Multiple Revenue Streams on Amazon
1:08:00 - Closing Thoughts: Lessons from The Reselling Teacherās Journey