Setting Yourself Up For A Big Payday - Jon Elder
from Amazon Seller Insights Hosted by ZonGuru
When Jon Elder got into FBA, he had $5,000. Now, he’s a 7-figure seller with multiple brands to his name. It’s safe to say he’s mastered the Private Label long-game. Join him and Jon as they chat about how to set up your FBA business for a huge return, insider details on the brokerage process, how to attract deep-pocketed investors to your brand, and more! What You’ll Learn: 00:00 - Why you need to think in terms of selling your FBA business. 02:40 - How Elder got into Amazon selling. 09:05 - How much capital Elder started with, and what he did with it. 14:25 - Elder’s tips for properly setting up your business right from day one. 17:10 - Why having multiple brands attracts buyers. 18:10 - Elder’s description of the brokerage process. 23:30 - What parts of his contract would Elder change? 25:00 - Creating SOPs and training documentation for future buyers. 28:45 - Elder’s top tips for starting out on Amazon. 33:55 - One of the most things that impacted Elder’s return multiple. 36:35 - Elder’s last thoughts. Subscribe to Amazon Seller Insights once you’re done for insider FBA info you won’t find anywhere else! Spotify → https://spoti.fi/3fzI0r5 Apple Podcasts → https://apple.co/3gRyt0B
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