Sourcing School


Lots going on in the eCom world this week.

• Interview with eCom/crypto expert about the nuances of wholesale

• Walmart’s huge advantage over Amazon

• Sourcing training for your VAs

• Amazon’s newest partnership

Here we go!


Amazon Wholesale 🤝 Crypto

Kris McCauley is an Amazon wholesale seller turned crypto enthusiast.

He’s got over 120k subscribers on YouTube, and for good reason.

Kris was one of my early mentors, teaching me the nuances of Amazon wholesale while casually making hundreds of thousands in profits trading crypto on the side.

Seriously, he’s someone worth listening to.


Walmart's HUGE Advantage Over Amazon

Amazon is beating Walmart in just about every way imaginable.

Except one.

Convenience.

Sure, Amazon offers 1 or 2 day shipping to most cities in America.

But Walmart’s retail footprint allows customers to get certain orders delivered in 3 hours or less (for an additional fee of course).

This convenience factor = huge gains in memberships for their Walmart+ service.

The increase in Walmart+ memberships has trickled over into growth in eCom sales for both Walmart and Sam's Club.

This article details Walmart’s growth as they continue to compete with Amazon head to head.


VA Sourcing School

Criselda manages my entire Amazon business.

She’s single handedly sourced over $5M worth of profitable inventory for me over the last 5 years.

Now we’re offering her services exclusively to our Wholesale Network Mastermind members.

Starting this week, our Mastermind members’ VAs are getting direct training from Criselda on how to efficiently find profitable products.

Think of it as sourcing school for your VA.

Our goal with our Mastermind is to not only give our members fish (by providing them with profitable group buy opportunities), but also teaching them HOW to fish (by providing ongoing training for them AND their teams).

If you’re currently selling $1m+ per year on Amazon, I encourage you to apply for our Mastermind community here.


Amazon X Adidas

Last month Amazon announced a partnership with Adidas, allowing Adidas.com customers to buy with Prime.

This offers Adidas customers who are also Prime members 2 huge benefits:

• Free shipping

• Streamlined returns

All without leaving Adidas.com or the Adidas app.

Lots of sellers have noticed certain Adidas listings becoming re-gated, with some sellers getting restricted on the brand entirely.

Coincidence?

I highly doubt it.

This partnership is clearly a move for Amazon to further integrate themselves into the lives of Adidas customers while giving Adidas more control over their brand on Amazon.

You can read the full article here.

Be back next week!

Remember...

You're only one supplier away!

-Corey

PS: Whenever you're ready, there are 2 ways I can help you:

#1: We've helped over 160+ Amazon sellers ditch the arbitrage hamster wheel by transitioning to wholesale inside our Wholesale Network community. Click here to apply.

#2: Check out The Corey Ganim Show where I interview successful Amazon sellers, entrepreneurs and investors. New episodes every Wednesday on Apple and Spotify, and YouTube.

Corey Ganim

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