#66 Selling on Amazon with Adam Hudson

21/04/2017 54 min
#66 Selling on Amazon with Adam Hudson

Listen "#66 Selling on Amazon with Adam Hudson"

Episode Synopsis

We talk to Adam Hudson about selling on Amazon.

Adam Hudson has built a 7 figure business manufacturing products in china then using FBA to sell and distribute in USA and Europe

Adam is a serial entrepreneur who has built several multi-million dollar companies in both Australia and the United States. He has been featured in; Sky Business News, the Brian Tracy show, Eventual Millionaire, USA Today, The Wall Street Journal, WebRetailer.com, Inc.com, and Newsweek.

Adam is a leading authority when it comes to selling on Amazon. He currently owns an Amazon marketing service firm, a homewares brand (that sells its products exclusively through Amazon into more than 30 countries) & Reliable Education, an online education company which teaches students across the globe how to build profitable Amazon businesses which generate reliable income streams. Adam has been a serial entrepreneur for 20 years.
Why did Adam Hudson decide on selling on Amazon?
Adam ran an animation business in Los Angeles. He started and built up. In the services business, when someone writes you a cheque, they are paying for your time or an employee’s time. As he has grown a little older, he’s barely mid-forties, he has been drawn to businesses that give him back time.

He was interested in the physical product space, because he loves the idea of creating something, whether it be an Amazon Echo, or something simple, that would sell online when he was asleep or awake and he didn’t have to do anything other than get paid! That’s the reason why Adam was drawn to Amazon initially.

At the time, he started to see Amazon boxes outside people’s homes and he thought to himself somebody’s making money here. So, he dug a little deeper, and he bought a course nearly 5 years ago. This taught him the basics. It was a side-hustle to what he was doing.

Adam Hudson who is now selling courses about Amazon, FIVE years ago he bought a course that started him selling on Amazon! Adam has the most amazing smile. He has big teeth!

Adam Hudson - Trading on Amazon
Tell us about selling on Amazon…
What Amazon is doing right now is disrupting retail. A massive business. By disruption, think about what Uber did to the taxi industry, think about what AirBnB did to the hotel business. They basically created a more efficient model.

Amazon has created a more efficient model for retail. Money always moves towards efficiency.

In the US and UK everybody knows Amazon. Amazon did their first commercial drone delivery in the UK. A guy ordered an Amazon product, 13 minutes later the drone dropped it off in his back yard. That is disruptive technology.

One thing Adam has learned, is timing. He learned this from Sir Richard Branson. Branson told Adam over a coffee that timing is one of the most important things. How many of us know someone who is far less intelligent than them, but is making a whole lot more money? It is because they are doing the right thing at the right time. Many of get stuck on the wrong thing at the wrong time. Intelligence and hard work doesn’t matter at that point.

With Amazon, there is so much growth. In the US today, Amazon account for 1 in 2 dollars spent online in retail. The online retail industry in the US is a $300 billion market.
People ask Adam is it TOO LATE to get into selling on Amazon?
It is predicted that it will be a $1.5 trillion market by 2030. This isn’t new money, but money shifting from brick and mortar retail to online.
Private labelling
Adam teaches Private Labelling as the best method for selling on Amazon. That and Fulfilment by Amazon, has changed the game. Private labelling means that you get your own product made in China, it doesn’t have to be new and it doesn’t have to be revolutionary, but they brand it as your brand.

Then you ship it directly from China to any of Amazon’s warehouses and they take it into inventory and they handle all the shipping. They bring the customers.