Music That Inspires

There’s a lot of hype about retail arbitrage on Amazon. Blog posts, ads, and websites are out there talking about retail arbitrage to people who want to start an Amazon business. It’s viable for you if you want to set up an online store as a side hustle to fund your Disneyland adventure. What the hype isn’t telling you is that retail arbitrage comes with risks that you need to be mindful of. And if you want a legitimate online business that will get you out of your 9 to 5, you wouldn’t want to invest everything that you have in something as risky.

In today’s episode, we discuss the risks involved in doing retail arbitrage on Amazon and how they can get your seller account suspended. We share the story of an Amazon seller whose merchant account was suspended and illustrate what happens when Amazon suspends your account. We define what an Amazon Plan of Action is and why wholesaling on Amazon is a better alternative. We also reveal some of the reasons Amazon business owners avoid wholesaling and bundling as well as underscore the value of building multiple income streams.

“Retail arbitrage is not sustainable if you want to grow - it’s scary and risky, and it’s not worth it to risk your business.” - Kristen Ostrander

This week on the Amazon Files:

• The risks of doing retail arbitrage on Amazon
• How an Amazon seller who did retail arbitrage got suspended
• What a proof of authenticity is and what happens when Amazon suspends your account
• What an Amazon Plan of Action is and what to do when your account gets suspended
• Other platforms where you can do retail arbitrage and resell items
• Why Amazon wholesaling and bundling are better alternatives to retail arbitrage
• The difference between manufacturers and liquidators
• The reasons Amazon sellers shy away from wholesaling
• The importance of building multiple streams of income and not putting all your eggs in one basket

Related Content:

• Find 100s of Wholesalers by Noon Today

Want to Learn More?

It’s time to discover our Wholesale Bundle System™ that is your roadmap to bundling success! This course is packed with valuable information & tools to help you maximize your Amazon profits. The destination: freedom to spend less time sourcing products and to spend more time with your family. We give you the exact framework & strategy we use to create and sell wholesale bundles with massive success!

To learn more, visit: http://www.mommyincome.com/system

Grow Your Amazon Business!

Thanks for tuning into this week’s episode of The Amazon Files, the show to help Amazon seller along their business journey one step at a time with your hosts and Amazon experts, Amy Feierman and Kristin Ostrander. If you enjoyed this episode, head over to Apple Podcasts, subscribe to the show and leave us your honest review. Don’t forget to share your favorite episodes with your friends on social media! Use the codeword RiskyBusiness to join us on Facebook. Each week we host a live discussion on how to grow your Amazon business. Don’t forget to check out our website and subscribe to our mailing list for even more resources.

It can definitely feel like a real hurdle the first few times you create Amazon wholesale bundles. With all the steps involved in the creation process, you’d feel like you’re always out of time! But while the struggle is certainly real, so are the solutions and success stories. Ryan Parmen, an Amazon business rockstar and part of the Amazon Files community, started on Amazon in the summer of 2017 as a side hustle while she worked a corporate job. Through grit, patience, and consistency, Ryan was able to go through the challenges of time management and scaled her Amazon business.

Ryan joins me today to share her journey in managing and growing her Amazon business. She explains how she transitioned from a corporate job to running her online business. She describes the struggles she faced when she first started doing retail arbitrage full-time and how patience and consistency helped her grow her Amazon business. She also discusses how she manages her time how using tools like InventoryLab allowed her to balance her business and personal life.

“Be patient and practice.” - Ryan Parmen

This week on the Amazon Files:

• How Ryan started selling on Amazon, her background in the corporate world, and how she transitioned to managing her Amazon business full-time
• What running an Amazon store full-time initially looked like for Ryan
• How patience and consistency helped scale Ryan’s online business
• Why Ryan decided to shift from retail arbitrage to wholesale bundling
• How Ryan managed her time when she transitioned into wholesale bundling
• The challenges Ryan faced when she first did wholesale bundling
• How a prep center freed up more time for Ryan and her Amazon business
• Tools and resources Ryan uses for her business
• Ryan’s advice for people who want to start an Amazon business

Related Content:

• Mommy Income Hub
• InventoryLab
• MerchantWords
• How Much Time It Really Takes to Run an Amazon Business

Want to Learn More?

It’s time to discover our Wholesale Bundle System™ that is your roadmap to bundling success! This course is packed with valuable information & tools to help you maximize your Amazon profits. The destination: freedom to spend less time sourcing products and to spend more time with your family. We give you the exact framework & strategy we use to create and sell wholesale bundles with massive success!

To learn more, visit: http://www.mommyincome.com/system

Grow Your Amazon Business!

Thanks for tuning into this week’s episode of The Amazon Files, the show to help Amazon seller along their business journey one step at a time with your hosts and Amazon experts, Amy Feierman and Kristin Ostrander. If you enjoyed this episode, head over to iTunes, subscribe to the show and leave us your honest review. Don’t forget to share your favorite episodes with your friends on social media! Use the codeword Ryan’sStory to join us on Facebook. Each week we host a live discussion on how to grow your Amazon business. Don’t forget to check out our website  and subscribe to our mailing list for even more resources.

Do you know the tasks you need to do each day to ensure that your Amazon business is running smoothly? Do you know how long it takes you to complete each step of the bundling process? If your answer is “no” or “kinda-sorta-maybe,” you need to start paying attention to the time you spend on things because, when it comes to business, time is money. But don’t worry - we’ve all been there, and there are systems you can put in place so that you don’t lose time or money.

In this episode, we discuss the importance of time management in running an Amazon business, especially when creating bundles. We underscore the value of tracking time and writing down a step-by-step process. We illustrate how the Wholesale Bundle Framework can help you as well as how you can use the 15-Minute Hustle to streamline your business processes. We also discuss the best time to do keyword research and share an example of an ordering system we created for our Amazon business.

“Consistency, processes, and routines make businesses faster.” - Kristin Ostrander

This week on the Amazon Files: 

• How the Amazon Wholesale Bundle Framework can help you save time
• Why you need to track the time you spend on specific tasks
• How to reduce your ordering process on Amazon
• The importance of writing down a step-by-step process for your Amazon bundles
• Why we procrastinate on the things we need to do
• An example of an Amazon ordering process
• How writing a step-by-step process can help you when you expand your Amazon business
• Why McDonald’s franchises have employee manuals and operating procedures
• The reason you shouldn’t do keyword research while doing your Amazon listings
• “Stupid tax” and how to efficiently manage your inventory

Related Content:

• Mommy Income Hub
• 15-Minute Hustle
• Finding Profitable Products to Sell on Amazon
• How Much Time It Really Takes to Run an Amazon Business
• InventoryLab

Want to Learn More?

It’s time to discover our Wholesale Bundle System™ that is your roadmap to bundling success! This course is packed with valuable information & tools to help you maximize your Amazon profits. The destination: freedom to spend less time sourcing products and to spend more time with your family. We give you the exact framework & strategy we use to create and sell wholesale bundles with massive success!

To learn more, visit: http://www.mommyincome.com/system

Grow Your Amazon Business!

Thanks for tuning into this week’s episode of The Amazon Files, the show to help Amazon seller along their business journey one step at a time with your hosts and Amazon experts, Amy Feierman and Kristin Ostrander. If you enjoyed this episode, head over to iTunes, subscribe to the show and leave us your honest review. Don’t forget to share your favorite episodes with your friends on social media! Use the codeword TimeIsMoney to join us on Facebook. Each week we host a live discussion on how to grow your Amazon business. Don’t forget to check out our website  and subscribe to our mailing list for even more resources.

Debbie Joyce is a long-time member of the Mommy Income community. Not only is she a veteran bundle seller on Amazon, but she is also the Queen of Bundle Variations: she trusts in her knowledge bank, takes what she knows, and turn it into substantial profit. Debbie is living proof that you don’t have to reinvent the wheel or find the next shiny object to scale your Amazon business. All it takes is working smarter, not harder.

Debbie joins me today to share her Amazon journey. She explains how she began her online business and how she pivoted from eBay to Amazon. She shares how she uses keywords and Google Trends as part of her product research and explains how looking at customer reviews on Amazon helps her identify popular items. She also illustrates how you can use other apps and websites such as Pinterest and Etsy to find products to sell on Amazon as well as underscore the importance of sticking to your knowledge bank and expanding it.

“Look at your knowledge bank, look at what you know, and do your research before you jump in.” - Debbie Joyce

This week on the Amazon Files: 

• How Debbie transitioned from eBay to starting an Amazon business
• The lessons Debbie learned from the Wholesale Bundlers Workshop
• Research challenges Debbie faced when she started bundling
• How Debbie uses keywords and Google Trends to increase her sales on Amazon
• The steps Debbie takes to add variations on her Amazon bundles
• Why Debbie decided to focus her Amazon business on quality over quantity
• Using Pinterest and Etsy to discover product trends
• The benefits of working with a fewer number of wholesale vendors
• The importance of paying attention to your customers’ reviews on Amazon
• How Debbie sells seasonal items on Amazon
• How brand registry and trademarking has changed Debbie’s business operations
• Software and applications Debbie uses for her online business
• Debbie’s advice to people who want to start an Amazon business

Related Content:

• What Wholesale Bundles Can Do for You
• Finding Profitable Products to Sell on Amazon [2020 Research Method]

Resources Mentioned:

• Helium 10
• Glorify
• MerchantWords
• InventoryLab

Want to Learn More?

It’s time to discover our Wholesale Bundle System™ that is your roadmap to bundling success! This course is packed with valuable information & tools to help you maximize your Amazon profits. The destination: freedom to spend less time sourcing products and to spend more time with your family. We give you the exact framework & strategy we use to create and sell wholesale bundles with massive success!

To learn more, visit: http://www.mommyincome.com/system

Grow Your Amazon Business!

Thanks for tuning into this week’s episode of The Amazon Files, the show to help Amazon seller along their business journey one step at a time with your hosts and Amazon experts, Amy Feierman and Kristin Ostrander. If you enjoyed this episode, head over to Apple Podcasts, subscribe to the show and leave us your honest review. Don’t forget to share your favorite episodes with your friends on social media! Use the codeword Debbie’sStory to join us on Facebook. Each week we host a live discussion on how to grow your Amazon business. Don’t forget to check out our website and subscribe to our mailing list for even more resources.

Do you spend an entire day researching products for your Amazon business, but always seem to come up short? Do you have thousands of Amazon bundle ideas but come up with no products? You’re not alone. Many new Amazon sellers know that they need to do some product researching but have no idea where to start, and we’ve certainly been there before. If you feel like you’ve been spinning your wheels for nothing, know that there are research strategies you can execute to help you grow your Amazon business.

In this episode, we discuss how to research for profitable products to sell in your Amazon business. We underscore the importance of a niche and explain how you can use your knowledge bank to find your niche. We illustrate the benefits of business relationships with wholesale vendors and describe how they can help you scale your online business. We also explain why you need to focus on one to three catalogs as well as share tips to help you work smarter with creating Amazon bundles.

“People don’t buy products - they buy solutions. You have to think about the customer and what they want.” - Kristin Ostrander

This week on the Amazon Files:

• Why you need to have a niche and a plan to find profitable products to sell on Amazon
• How to find a niche using your knowledge bank
• The importance of thinking about your customer’s needs and problems
• Contacting wholesalers and why you need to focus on a smaller number of catalogs
• How refocusing our catalogs benefited our Amazon business
• How building a solid relationship with wholesale vendors can help you source profitable products for your Amazon business
• How to “deluxify” your Amazon bundles to make more sales
• Looking at competing products to enhance your own product bundles
• How to stop overthinking your product research and sourcing

Related Content:

• Find 100s of Wholesalers by Noon Today
• 15-Minute Hustle

The Confident Wholesale Bundlers Workshop Comes to a City Near You!

Are you ready to take your Amazon business to the next level? Want to meet other amazing Amazon sellers while gaining a fresh perspective and developing an action plan?

Join us for the 2020 Confident Wholesale Bundlers Workshop!

Unlock the skills and strategies you need to consistently make successful bundles on Amazon. At the Confident Wholesale Bundlers Workshop, you’ll receive hands-on training on:

• What wholesale bundles are and why they work
• How to build bundles that SELL
• The foundation and framework for building successful wholesale bundles from the ground up
• How to find and properly communicate with vendors
• How to organize all of your wholesale research information
• Pricing strategies for your wholesale bundles
• And much, much more!

To reserve your spot at the 2020 Confident Wholesale Bundlers Workshop - or request VIP Exclusive Access - visit: MommyIncome.com/2020Workshop

Grow Your Amazon Business!

Thanks for tuning into this week’s episode of The Amazon Files, the show to help Amazon seller along their business journey one step at a time with your hosts and Amazon experts, Amy Feierman and Kristin Ostrander. If you enjoyed this episode, head over to Apple Podcasts, subscribe to the show and leave us your honest review. Don’t forget to share your favorite episodes with your friends on social media! Use the codeword FRAMEWORK to join us on Facebook. Each week we host a live discussion on how to grow your Amazon business. Don’t forget to check out our website and subscribe to our mailing list for even more resources.

Amazon is making changes, yet again. This time, product bundling on Amazon is at the crosshairs due to policy changes on GTIN exemption listings. But Amazon policies seem different for everyone - while some sellers go ungated, others get error messages for the same receipts and invoices. We hear you: it’s like Amazon doesn’t even follow its own rules! The struggle is real, but you need to ensure that you are compliant when it comes to listing bundles on Amazon to scale your online business.

This week, we share an overview of Amazon bundling rules and policies, what’s changed, and what you can do to ensure your Amazon business is compliant. We explain what GTIN is and illustrate how changes to it can affect bundling. We share alternatives and solutions to GTIN exemption listing on Amazon and discuss how you can leverage your relationships with your Amazon vendors to get Universal Product Codes. We also discuss why Amazon makes these policy changes as well as explain how to sell on Amazon without using big brand names.

“Changes on GTIN exemptions now require you to have packaging. It’s part of Amazon wanting to make the whole buyer experience better for its end-users.” - Amy Feierman

This week on the Amazon Files:

• What the GTIN exemption is and how it works
• Changes with Amazon’s GTIN exemption policies, how they affect bundling, and why Amazon makes changes to their policies
• Why you don’t need big brand names to make your Amazon bundles sell
• What Universal Product Codes are and why generating random UPCs won’t work
• How to use generic as a GTIN exemption on Amazon
• Using your business relationship with vendors to get UPCs
• Getting a trademark to get GTIN exemptions with brand packaging
• How long it takes to get a GTIN exemption and trademark
• Buying GS1 UPCs and other alternatives to custom packaging on Amazon
• A faster way to get brand registry

Related Content:

• Mommy Income - Custom Packaging
• InventoryLab
• Amazon IP Accelerator Program

The Confident Wholesale Bundlers Workshop Comes to a City Near You!

Are you ready to take your Amazon business to the next level? Want to meet other amazing Amazon sellers while gaining a fresh perspective and developing an action plan?

Join us for the 2020 Confident Wholesale Bundlers Workshop!

Unlock the skills and strategies you need to consistently make successful bundles on Amazon. At the Confident Wholesale Bundlers Workshop, you’ll receive hands-on training on:

• What wholesale bundles are and why they work
• How to build bundles that SELL
• The foundation and framework for building successful wholesale bundles from the ground up
• How to find and properly communicate with vendors
• How to organize all of your wholesale research information
• Pricing strategies for your wholesale bundles
• And much, much more!

To reserve your spot at the 2020 Confident Wholesale Bundlers Workshop - or request VIP Exclusive Access - visit: MommyIncome.com/2020Workshop

Grow Your Amazon Business!

Thanks for tuning into this week’s episode of The Amazon Files, the show to help Amazon seller along their business journey one step at a time with your hosts and Amazon experts, Amy Feierman and Kristin Ostrander. If you enjoyed this episode, head over to Apple Podcasts, subscribe to the show and leave us your honest review. Don’t forget to share your favorite episodes with your friends on social media! Use the codeword 2020 Update to join us on Facebook. Each week we host a live discussion on how to grow your Amazon business. Don’t forget to check out our website and subscribe to our mailing list for even more resources.