SellerAmp Seller Hour Recap

Introduction

• Hosts: PM Eastern
• Special Guest: Jazz
  • Known for Retail Arbitrage and Wholesale
  • Crushing the Amazon selling space

Jazz's Amazon Journey

• Started at 19 years old, January 2023
• Motivation: Beginner-friendly business model
• Learning through free YouTube videos and a course
• Initial jobs: Cracker Barrel server, Ulta part-time, Instacart, and Door Dash
• First Month: $1K in sales, $200 profit
• Quit Ulta after second month, hit $10K in sales by fifth month
• Transitioned into full-time Amazon selling within six months

Retail and Online Arbitrage Strategies

• Main store: Walmart, focusing on clearance sections
• Retail Arbitrage: Quick success with brand-name products
• Online Arbitrage (OA): Transitioned into wholesale, still focusing on RA and OA
• Key to success: Fast learning, not easily discouraged

Overcoming Challenges

• Ungating process: Tedious but simple
  • Buy 10 units from authorized distributors or well-known stores
  • Use Target for ungating processes
• Discouragement: Normal at the beginning, but not the end of the world

Q&A Highlights

• Importance of community: Join Facebook and Discord groups
• Time investment: Crucial for initial success
• ROI and profitability: Focus on reselling established brands
• Engaging with stores: Understand potential in clearance and bundled products

Tips for New Sellers

• Engage actively in the Amazon community
• Invest time into the business model
• Don’t rely only on free content; make decisions and take action

FBM vs FBA

• FBM (Fulfilled by Merchant) tips: Charge restocking fees, especially during high demand seasons (Q4)
• Use of tools like SellerAmp and BoxT to check profitability and manage logistics

Future Plans and Strategy

• Utilize local distributors for wholesale
• Working with a partner or team to maximize sourcing efforts
• Exploring more online arbitrage and wholesale opportunities

Conclusion

• Importance of building community and networking
• Constant learning and adaptability key to Amazon selling success

Additional Resources

• Follow Jazz on social media: Instagram, Tik Tok, YouTube (@JazzHustles)
• Join SellerAmp’s free Facebook and Discord communities for more insights
• Weekly live sessions every Tuesday at 4 PM Eastern

These notes capture the main themes and takeaways from the SellerAmp Seller Hour session, providing a comprehensive overview of the discussion and key insights shared by Jazz on her journey and strategies in Amazon selling.