From $0 to $70 Million: Eric Castellano's Amazon Wholesale Success Story .. ep 36
- Author
- John and Drew
- Published
- Fri 02 Aug 2024
- Episode Link
- None
From $0 to $70 Million: Eric Castellano's Amazon Wholesale Success Story
Eric shares his journey of starting as an arbitrage seller and growing his business to reach $70 million in sales.
He discusses the importance of treating your Amazon business like a real company and the challenges of hiring and managing a large team.
Eric also talks about the impact of sobriety on his life and business, the changing landscape of Amazon, and the importance of cash flow management.
John (https://www.instagram.com/sidehustleexperiment/) and Drew (https://www.instagram.com/realdrewd) discuss how to build a massive Amazon FBA wholesale with Eric Castellano aka Amazon Lit (https://www.instagram.com/amazon_lit/)
Chapters
00:00 Introduction and Background
02:59 Treating Your Amazon Business Like a Real Company
17:16 The Shift Towards Brand Direct Relationships
19:31 Cash Flow Management
21:29 Optimizing Sell-Through Rates
24:44 Finding Reputable Wholesalers
27:02 Finding Profitable Suppliers: Trade Show Events
35:15 Taking Action and Putting in the Work
39:58 Avoiding Distractions and Focusing on Profitability
44:31 Transitioning from Arbitrage to Wholesale
48:17 Dispelling the Myth of Amazon Saturation
#amazonfba #amazonfbatips #sidehustleexperimentpodcast
Follow us on Instagram: https://www.instagram.com/sidehustleexperimentpodcast/
Listen on your favorite podcast platform
Youtube: https://bit.ly/3HHklFO
Spotify: https://spoti.fi/48RRKcP
Apple: https://apple.co/4bmaFOk
Check out Drew's Stuff
Instagram: https://www.instagram.com/realdrewd
Twitter: https://twitter.com/DrewFBA
Check out John's Stuff
Instagram: https://www.instagram.com/sidehustleexperiment/
Twitter: https://twitter.com/SideHustleExp
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
If you’re serious about scaling your Amazon Business check out Advanced Arbitrage Tactics: https://www.skool.com/advancedarbitragetactics/about
Inside The group You’ll get access to
✅ Bi-weekly group calls
✅ The ability to ask me any questions you want
✅ An Online Arbitrage Crash Course
✅Methods to Avoid Price Tanking
✅The EXACT Spreadsheet I use to Track everything in my business
✅A community of seller who want to take their business to the next level
Eric shares his journey of starting as an arbitrage seller and growing his business to reach $70 million in sales.
He discusses the importance of treating your Amazon business like a real company and the challenges of hiring and managing a large team.
Eric also talks about the impact of sobriety on his life and business, the changing landscape of Amazon, and the importance of cash flow management.
John (https://www.instagram.com/sidehustleexperiment/) and Drew (https://www.instagram.com/realdrewd) discuss how to build a massive Amazon FBA wholesale with Eric Castellano aka Amazon Lit (https://www.instagram.com/amazon_lit/)
Chapters
00:00 Introduction and Background
02:59 Treating Your Amazon Business Like a Real Company
17:16 The Shift Towards Brand Direct Relationships
19:31 Cash Flow Management
21:29 Optimizing Sell-Through Rates
24:44 Finding Reputable Wholesalers
27:02 Finding Profitable Suppliers: Trade Show Events
35:15 Taking Action and Putting in the Work
39:58 Avoiding Distractions and Focusing on Profitability
44:31 Transitioning from Arbitrage to Wholesale
48:17 Dispelling the Myth of Amazon Saturation
#amazonfba #amazonfbatips #sidehustleexperimentpodcast
Follow us on Instagram: https://www.instagram.com/sidehustleexperimentpodcast/
Listen on your favorite podcast platform
Youtube: https://bit.ly/3HHklFO
Spotify: https://spoti.fi/48RRKcP
Apple: https://apple.co/4bmaFOk
Check out Drew's Stuff
Instagram: https://www.instagram.com/realdrewd
Twitter: https://twitter.com/DrewFBA
Check out John's Stuff
Instagram: https://www.instagram.com/sidehustleexperiment/
Twitter: https://twitter.com/SideHustleExp
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
If you’re serious about scaling your Amazon Business check out Advanced Arbitrage Tactics: https://www.skool.com/advancedarbitragetactics/about
Inside The group You’ll get access to
✅ Bi-weekly group calls
✅ The ability to ask me any questions you want
✅ An Online Arbitrage Crash Course
✅Methods to Avoid Price Tanking
✅The EXACT Spreadsheet I use to Track everything in my business
✅A community of seller who want to take their business to the next level
