Episode 1: Show Notes
Ever wondered if your Amazon business could earn you more than just profits? Can Amazon sellers earn miles for flights? Welcome to the first episode of Travel Stories Patreon Edition. In this episode, we welcome back Joey Redmond to talk about everything Amazon reselling and how to build up those travel points you are desperately craving. In our conversation, we discuss the ins and outs of reselling, retail arbitrage, and the golden age of accumulating points through Amazon reselling. We unpack how the Amazon reselling market has changed over the years and the difference between reselling for generating points as opposed to a full-time business. Discover how to leverage your market niche to gain a competitive advantage, the restrictions and fees that Amazon has put in place for resellers, and the various challenges of reselling. Gain insights into why change is constant as an Amazon reseller, the differences between private label and arbitrage, how to stay ahead in the market, and much more. Join us as we explore how to keep sourcing, keep selling, and keep those miles soaring with Joey Redmond!
Key Points From This Episode:
[00:00] Outline of today’s topic and what listeners can expect.
[03:00] How the Amazon reselling landscape has evolved.
[06:13] Comparing Amazon reselling for generating points versus as a full-time business.
[09:10] Reselling recommendations for accumulating points and finding your niche.
[14:53] Hear how to be successful at reselling despite the fees and restrictions.
[18:10] Joey’s transition from Amazon reseller to providing services to resellers.
[19:53] Find out why the need to pivot as a reseller makes it challenging.
[22:32] His approach to finding pragmatic solutions and overcoming restrictions.
[24:24] Uncover the pros and cons of private labeling on Amazon.
[29:41] Other platforms available to resellers and the advantages they offer.
[32:00] The key tenants of maximizing point generation through reselling.
[35:18] Final words of advice that Joey has for listeners.
Links Mentioned in Today’s Episode: