Is Selling on Amazon Even Worth it Anymore?On episode 87 of The Side Hustle Experiment Podcast John (https://www.instagram.com/sidehustleexperiment/) and Drew (https://www.instagram.com/realdrewd/) talk with Sadeq (https://www.instagram.com/sadeqwahabb)Sadeq delves into the recent Adidas gating issue, its impact on sellers, and the importance of diversification in inventory. Sadiq shares insights on team management, investment strategies, and the significance of cash flow in business operations.They share insights on seasonal sales patterns, the importance of timely inventory turnover, and lessons learned from past mistakes. The discussion also touches on identifying profitable products, navigating market challenges, and exploring new business opportunities beyond AmazonChapters00:00 Introduction and Podcast Overview01:58 Adidas Gating and Market Impact05:08 Selling on Walmart and Diversification Strategies07:56 Team Management and Operational Efficiency11:00 Investment Strategies and Market Trends14:06 Recession Impacts on Consumer Behavior18:03 High Margin vs. High Volume Selling21:53 Future of Amazon and Alternative Income Streams24:55 The Illusion of Cash Flow32:31 Scaling and Outsourcing for Success37:43 Navigating Amazon's Competitive Landscape46:06 Identifying Trends and Opportunities in E-commerce51:15 Navigating Content Creation Challenges54:11 The Fun and Grind of Amazon Selling56:45 Exploring New Business Opportunities01:01:20 The Balance of Income and Lifestyle01:06:52 Building a Sustainable Business Model01:10:13 The Future of Amazon Selling and Information Products#amazonfba #amazonfbatips #sidehustleexperimentpodcast Follow us on Instagram: https://www.instagram.com/sidehustleexperimentpodcast/ Listen on your favorite podcast platformYoutube: https://bit.ly/3HHklFOSpotify: https://spoti.fi/48RRKcPApple: https://apple.co/4bmaFOk Check out Drew's StuffInstagram: https://www.instagram.com/realdrewdTwitter: https://twitter.com/DrewFBACheck out John's StuffInstagram: 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
