One of The BIGGEST Online Arbitrage Sellers Reveals All His Secrets
On episode 89 of The Side Hustle Experiment Podcast John (https://www.instagram.com/sidehustleexperiment/) and Drew (https://www.instagram.com/realdrewd/) talk with Stephen (https://www.instagram.com/stephendoesbusiness/)
Stephen Reinard shares his journey in online arbitrage, revealing strategies that led him to generate $7.2 million in revenue. He discusses the Chad Scaler Method, the importance of building a business without distractions, and how he scaled through retail arbitrage and find loops.
Stephen also addresses challenges like brand gating and price matching, his bullish outlook on online arbitrage, and the dynamics between Walmart and Amazon.
Chapters
00:00 Introduction to Online Arbitrage Success
02:47 The Chad Scaler Method: Building a Business
06:02 Scaling Through Loops and Retail Arbitrage
08:55 Navigating Brand Gating and Price Matching
12:08 The Future of Online Arbitrage
15:00 Walmart vs. Amazon: Market Dynamics
17:57 Networking and Insights in the Selling Community
20:49 Mental Resilience in Business Growth
23:56 Reflections on Scaling and Future Goals
27:03 The Key to Success: Resourcefulness
29:27 Scaling Up: Finding Capital and Strategies
32:40 Navigating Financial Risks and Credit Management
34:45 The Importance of Tracking and Managing Leakage
36:51 Exploring the Amazon Influencer Program
41:23 Finding Your Niche: Content Creation vs. Arbitrage
46:58 The Game of Business: Motivation Beyond Money
54:26 A Day in the Life: Balancing Work and Lifestyle
54:55 Navigating Daily Challenges and Productivity
57:43 Balancing Work and Social Life
01:01:02 Understanding the Prep Center Business
01:04:12 The High Turnover in Amazon Selling
01:06:24 Personal Experiences with Debt and Business
01:10:07 The Importance of Networking in Business
#amazonfba #amazonfbatips #sidehustleexperimentpodcast
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Check out Drew's Stuff
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Twitter: https://twitter.com/DrewFBA
Check out John'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