Listen "Making Millions Selling on Amazon with Adam Hudson - BGP 65"
Episode Synopsis
Adam Hudson is the founder of www.reliable.education and he is making millions selling his own products on Amazon. In our conversation we’ll talk about finding the right products to sell and the best ways to build your product brand so you can eventually sell for multiples. Show Notes: 00:04 Episode highlights and summary 01:18 Adam’s background 04:34 Why he decided to sell products on Amazon 05:23 The experience of selling his first business 07:57 How selling a business forces you to be more disciplined and smarter in growth 09:10 Spotting opportunities on Amazon 10:53 Is Amazon going to be the first Trillion dollar business? 12:28 Current challenges on the Amazon platform 15:56 Retail arbitrage vs Private Label Products 17:55 Deciding on which type of products to sale (understanding the best seller rank BSR) 21:45 The different types of sellers on Amazon 23:29 Creating your own products vs private label manufacturing 25:21 Secret for negotiating with the Chinese 27:09 Why the relationships with your suppliers and manufacturers is critical 30:36 Getting your supplier to contact you when others want to compete with you 31:59 Creating a professional brand for your Amazon Products 32:22 How to name your products and create your logo and packaging 37:00 Beware where you get your business information Resources: Adam’s website www.reliable.education Book - The Magic of Thinking Big Book - Built to Sell Book - Blue Ocean Strategy Get help naming products - SquadHelp Get your logo and branding designed - 99Designs For amazing product photography - Seller Photo
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