The Wholesale Truth Mini-Course
Learn How to add Wholesale accounts to your Business
Like most new Amazon sellers, I started out sourcing for inventory by scanning products in store and on major retailer’s websites (known as retail and online Arbitrage). But it’s really time-consuming and the results were hit and miss.
I wanted to grow my business into a full time income, but I couldn’t get there with arbitrage alone. I didn’t want to spend hours of my time every week “searching” for profitable inventory.
Amazon has restricted many brand names, preventing sellers from listing a lot of products.
Worse, Amazon is also rejecting retail receipts as proof of authenticity in some cases too, making arbitrage a riskier sourcing method.
There’s never been a better time to diversify your sourcing methods into wholesale and mitigate your risk.
The Solution and Results
I attended my first wholesale trade show, the ASD Las Vegas . This was a major breakthrough for me and I was able to secure several great wholesale lines from this event. I continued to add wholesale accounts in the months following and my business really began to take off.
I’d finally found a way to scale my business by purchasing steady quantities of inventory, from wholesale sources, without having to spend hours each day searching for products. And, my wholesale products have less competition and higher profits as well!
In short, adding wholesale accounts completely changed the way I run my Amazon business, and allowed me to take it full time and never work a job again.
Includes The Wholesale Truth eBook: A comprehensive eBook for those who’ve never dealt with wholesale suppliers before. You’ll learn how to find, contact, negotiate and work with wholesale suppliers and how to promote and sell their products on Amazon.
Also Includes 170 Wholesale Contacts you can sign up for today
PreviewThe Wholesale Truth: Why you need Wholesale Accounts (7:30)
PreviewWholesale Myths (9:14)
StartTypes of Wholesale Suppliers (4:04)
StartWhere to Find Wholesalers (7:44)
StartAppearing Professional: Business Cards/Website/GST Number/Obtaining an EIN Number (4:44)
StartReaching Out To Suppliers: Making Contact/Dealing with objections/Asking the Right Questions (10:41)
StartScaling your Wholesale Business to Seven Figures (5:36)
StartDownload a List of 170 Wholesale Contacts
StartDownload and Read The Wholesale Truth eBook (Contains sample email templates and scripts)
I was so happy.......As someone new to FBA I had so many questions. It was difficult to find answers......Duncan detailed all the info needed from basics to the nitty gritty of getting your shipment across the border and setting up with prep and ship companies. I feel so much more confident in getting my shipment into Amazon.com growing my FBA business!" - Christine B
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"I can’t thank you enough. I was worried about launching my business in Q1 but it turned out to be a smashing success! Your course was the best money ever spent. When I last emailed you a couple weeks ago my sales were just over $1,500/week. Not bad for just starting out. Now not even 2 weeks into February my sales have skyrocketed to $5K per week with Valentines Day sales leading the way. This is building way faster than I could ever expected and I’m truly struggling to balance this with my day job. Best problem ever! I signed up for the wholesale course and am looking forward to it because I can’t keep up with the RA and OA anymore, it’s not sustainable on my own! Here are my latest business financials (and bear in mind it still hasn’t been 30 days since my first sale!!!) Thanks so much once again!!" -Chuck
We just had our best month ever with $15,000 USD in sales...
...We couldn't have done without this. Big shout out to Duncan Macpherson for his training...a great resource and it helped eliminate a lot of confusion when we first started ." - Jack S.
"Very happy to be able to learn from you. This was one of the reasons I was able to gross ~300k this year. Aiming for $1 million in 2019! Thank you Duncan!" - Jenya S.
"Duncan and his group have been instrumental in my success in selling on .CA. So much useful information from everyone. Just starting with some wholesale accounts." - Bruno B
My name’s Duncan Macpherson, and I’m a father of 2 and I also run a successful Amazon business from my home in Abbotsford, BC.
After I quit my corporate job in 2011 and went into business for myself, it was really hard. Money was tight. I was working 14 hours a day for less than I made at my old job. I began dipping into our savings to pay the bills, and my wife had to go back to work part-time just so we could make ends meet.
Worse, my main customer hit financial difficulties, and I went months without being paid for my work! And ended up receiving much less than I was owed too!
After I saw the writing on the wall, I started another business in the same industry. It seemed like a solid opportunity, and I’m sure it was for really outgoing people, but that wasn’t me. I just couldn’t bring myself to do all the networking that was involved and constantly having to meet with clients.
I was frustrated and barely making enough to cover our bills. I knew something had to change, and that this business just wasn’t for me.
Around October of 2014, I received an email that explained how to start my own Amazon business.
I clicked the link, watched the videos but was super skeptical. I didn’t want to get burned again. And I assumed it was only for Americans and wouldn’t work in Canada.
Yet what I saw in their free training series hooked me. You mean, I didn’t have to network and meet with customers face-to-face? I could literally sit on my deck with my laptop, watch the videos and apply what I learned?
They taught me how to source something I was interested in for free and I knew this could be a big opportunity for me.
I didn’t have a lot of money to invest initially, I even had to borrow from my home equity line of credit to get started.
Long story short, six months later? I’d turned Amazon FBA into my full-time income and began making more money with less time spent than in my prior business. Today, I make more than many professionals, working on my own terms on my laptop, where and when I want. While providing an Amazing lifestyle for our family.
. You can visit my website at www.smartfbaincome.com to learn more.
Frequently Asked Questions
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What people from our community are saying:
Teren Chan I'm also selling in US and found this helpful, lots of information.
And Duncan, thanks for creating this.....
Mohammed Othman Lots of hands on experience....
Allan Wiseman I've been able to understand and improve my sales, thanks.....
Renee Els Buys I’ve been wanting to start selling on Amazon.ca for a couple of months now but can’t seem to find the courage to just take the leap. Joined.... to hopefully find the some inspiration to stop procrastinating and just get going😬
Tayyaab Tanveer I've been following now for the better part of this quarter. I've started with the basics such as RA and now I'm moving on to sourcing - bigger and better just got one of my largest shipments today :)
Megan Christina Everyone is so kind in responses to questions. Great learning.....
Fari Faran This .... is awesome with very helpful knowledgeable people where I am learning each day.... thanks guys and Duncan too
Carolina Contreras Issa I love how everyone here is eager to help one another!
Rebecca Horman I love how quickly questions get answered!
Lori Kristen Miller Hey! first, welcome everyone!!
What I like .....is Duncan's involvement helping out and pitching in as well as everyone else. It's so supportive with even the smallest beginning questions!
Nick Vlismas The knowledge .... is priceless
Andrew Moorey Always great to see the answers to unique Amazon challenges. No one else really understands the business so it's great to be part of the community.
Ana G. Robillard Congrats! I found you by searching! And thank God because i have so many quesrions.....I can have my answers. Really good vibe too!
Evelyn Townsend I was trying to find a Canadian version of everything I was reading online about Amazon sellers. Duncan was the first and so far only one to give a Canadian perspective – and more than that accurate information. I also appreciate how the group will help when someone has an issue. Thanks Duncan!
Sanson Paul Found you on YouTube. So good to find a fellow Canadian. Thanks for all you do.
Jill Conyers It great that’s it’s for Canadians, but the best thing is the positive nature of the group. You don’t need to be afraid of asking “dumb” questions, as you’re not going to get torn apart (as can happen on some other groups).
Rebbecca Madge I love your story and ideally that’s my goal, leave my salary job and do FBA full time!