Is Selling on Amazon Even Worth it Anymore?
On episode 87 of The Side Hustle Experiment Podcast John (https://www.instagram.com/sidehustleexperiment/) and Drew (https://www.instagram.com/realdrewd/) talk with Sadeq (https://www.instagram.com/sadeqwahabb)
Sadeq delves into the recent Adidas gating issue, its impact on sellers, and the importance of diversification in inventory. Sadiq shares insights on team management, investment strategies, and the significance of cash flow in business operations.
They share insights on seasonal sales patterns, the importance of timely inventory turnover, and lessons learned from past mistakes. The discussion also touches on identifying profitable products, navigating market challenges, and exploring new business opportunities beyond Amazon
Chapters
00:00 Introduction and Podcast Overview
01:58 Adidas Gating and Market Impact
05:08 Selling on Walmart and Diversification Strategies
07:56 Team Management and Operational Efficiency
11:00 Investment Strategies and Market Trends
14:06 Recession Impacts on Consumer Behavior
18:03 High Margin vs. High Volume Selling
21:53 Future of Amazon and Alternative Income Streams
24:55 The Illusion of Cash Flow
32:31 Scaling and Outsourcing for Success
37:43 Navigating Amazon's Competitive Landscape
46:06 Identifying Trends and Opportunities in E-commerce
51:15 Navigating Content Creation Challenges
54:11 The Fun and Grind of Amazon Selling
56:45 Exploring New Business Opportunities
01:01:20 The Balance of Income and Lifestyle
01:06:52 Building a Sustainable Business Model
01:10:13 The Future of Amazon Selling and Information Products
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Check out Drew's Stuff
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FREE Resources
✅ AVOID Price Tanking with The Tank Test Check List https://bit.ly/44FMt6M
✅ 10 Questions to Ask A Prep Center Before Hiring Them: https://bit.ly/3K3HQK4
✅ How to Make your first $500 Reselling: https://bit.ly/3UJS47g
✅ Get the Discount Calculator: https://bit.ly/4dEhaNN
✅ The OA Tracking Spreadsheet: https://bit.ly/4bfqupO (the spreadsheet I use to run my Amazon Business)
🛠️The tools I use to run my Amazon Business with Special Discounts🛠️
https://bit.ly/4bhibd3