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Mar 24, 2017

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