BGP 065 Adam Hudson – Making Millions Selling on Amazon

Adam Hudson is the founder of www.reliable.education and he is making millions selling his own products on Amazon. In our conversation we’ll talk about finding the right products to sell and the best ways to build your product brand so you can eventually sell for multiples.Show Notes:00:04 Episode highlights and summary01:18 Adam’s background04:34 Why he decided to sell products on Amazon05:23 The experience of selling his first business07:57 How selling a business forces you to be more disciplined and smarter in growth 09:10 Spotting opportunities on Amazon10:53 Is Amazon going to be the first Trillion dollar business?12:28 Current challenges on the Amazon platform15:56 Retail arbitrage vs Private Label Products17:55 Deciding on which type of products to sale (understanding the best seller rank BSR)21:45 The different types of sellers on Amazon23:29 Creating your own products vs private label manufacturing25:21 Secret for negotiating with the Chinese27:09 Why the relationships with your suppliers and manufacturers is critical30:36 Getting your supplier to contact you when others want to compete with you31:59 Creating a professional brand for your Amazon Products32:22 How to name your products and create your logo and packaging37:00 Beware where you get your business informationResources:Adam’s website www.reliable.education Book - The Magic of Thinking BigBook - Built to SellBook - Blue Ocean StrategyGet help naming products - SquadHelpGet your logo and branding designed - 99DesignsFor amazing product photography - Seller Photo