#315 – From $20 Million To $220 Million In 3 Years: Osaid Abuelnasr Shares His Story
In episode 315 of the AM/PM Podcast, Kevin and Osaid discuss:
- 01:30 – A Wholesale Phone Trading Business That Started 13 Years Ago
- 03:00 – From Phone Trading To Selling Consumer Electronics On Amazon
- 04:30 – Some Hurdles On Wholeselling These Products
- 06:15 – “The US Consumer Consumes Like No Other Consumer In The World”
- 07:30 – Editing Branded Product Listings On Amazon
- 11:30 – Winning The Buy Box Is Extremely Difficult
- 13:00 – What Does A Winning Repricing Strategy And Software Look Like?
- 15:00 – The Shared Buy Box And Is It Based On Geography?
- 19:30 – Talking About Minimum Advertised Price (MAP)
- 22:30 – Growing The Business 10X In 3 Short Years
- 24:30 – How Much Does It Cost To Make A “True Brand”?
- 26:30 – Planning To Launch Private Label Brands
- 29:50 – How To Reach Out To Osaid If You’re Interested In His Incubator Program
- 31:30 – Talking About Brand Protection And Why It’s A Huge Thing
- 34:00 – The Biggest Factor Of Their Business Growth
- 36:15 – The Biggest Challenge For The Wholesale Business Model
- 38:00 – What’s Next For Osaid’s Businesses?
- 39:55 – Selling On Walmart.com, The Walmart Customer Experience, And Selling Wholesale In The Platform
- 41:00 – Talking About The Freedom Ticket Training
- 43:00 – Why Networking At E-commerce Conferences Is Very Valuable
- 43:30 – How To Get In Touch With Osaid
- 45:00 – This Week’s Golden Nuggets Of Advice From Kevin
Enjoy this episode? Be sure to check out our previous episodes for even more content to propel you to Amazon FBA Seller success! And don’t forget to “Like” our Facebook page and subscribe to the podcast on iTunes, Spotify, or wherever you listen to our podcast.
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