Simple Hack To Generate Income On Amazon: Wholesale Formula Review

Simple Hack To Generate Income On Amazon

The Wholesale Formula Review 2022 - Introduction?

Are you looking for a review of The Wholesale Formula? You may have heard about The Wholesale Formula if you desire to make money online. However, you may be wondering if it is a hoax.

My mission is to educate others about internet money-making opportunities. I've tested a lot of tools and software, including The Wholesale Formula, throughout the years.

I've spent the last week researching The Wholesale Formula so that I can tell you more about it.

I'd want to state that I'm not involved with The Wholesale Formula. It indicates I'm not being compensated for writing this review.

The Wholesale Formula Review 2022 - About Creator

In 2011, Dan Meadors began selling on Amazon as a hobby with an original investment of only $600. He worked nights and weekends buying products on clearance at local retail stores and selling them on Amazon for a profit. It only took a few months before he saw the potential to turn this hobby into a business and he left his day job to sell online full-time. Dan soon brought Dylan Frost onto his team and together, they founded a less hands-on, more sustainable business model called reverse sourcing wholesale. Using this business model, Dan and Dylan have grown their business to do well over $30,000,000 in sales on Amazon through tireless work and dedication to build something great.

Because of their success in selling on Amazon, Dan and Dylan saw an opportunity to teach others to do the same. This began their passion to educate people on the opportunity to leave their 9-to-5 jobs and start a business of their very own by selling on Amazon. And ultimately, it was that passion that led to The Wholesale Formula.

The Wholesale Formula Review 2022 - What is The Wholesale Formula?

The Wholesale Formula is the premier training program for starting and continually growing a business on Amazon.com. Since 2015, our online program has taught over 5,500 students from all over the world how to sell on Amazon using our unique reverse-sourcing wholesale business model.

With enrollment into The Wholesale Formula, students receive lifetime access to our online course of over 20 hours of recorded video training, companion PDF guides, word tracks, templates, and SOPs that prepare them to scout products, source wholesale accounts, and scale their own Amazon business.

What Is Reverse Sourcing Wholesale?

Inside The Wholesale Formula, we teach everyday people how to sell products on Amazon solely using our unique Reverse Sourcing Wholesale method.

When people think of wholesale, they usually imagine the traditional wholesale model where a brand (a.k.a manufacturer) would sell its products to a distributor (a.k.a wholesaler) who essentially serves as a middleman between the brand and the retailer. So a retailer or Amazon seller like ourselves would have to go to this distributor to purchase the brand’s products at a higher price and then resell them at either a higher price or for a lower profit.

With our reverse sourcing wholesale method, we teach students to eliminate the middleman distributor and go straight to the brand owner to buy their products for less and then resell them on Amazon.com for a profit.

If it’s that easy, everyone would be doing it, right? Yeah, I know that’s what you’re thinking. The reason our model works is that it’s not easy for just anyone to do it.? To get a brand (a.k.a. manufacturer) to agree to sell you (the retailer) their product directly, you’ve got to be good. And that’s what we teach in The Wholesale Formula - how to develop relationships and provide value to brands so that they agree to let you sell their products and give you a good price on those products so you can make more money!

The Wholesale Formula Review 2022 - How Does The Wholesale Formula 2.0 Work?

Dan Meadors and Dylan Frost created the Wholesale Formula course.

It may be used for self-study before applying the tactics provided in The Wholesale Formula program for Amazon online sales to maximize revenues. The entire scheme is based on the notion of "Reverse Sourcing Wholesale."

In layman's terms, it implies you may obtain your goods straight from the brand owner. Instead of outsourcing, you may deliver your goods from a US manufacturer directly to an Amazon warehouse in a week.

This removes the possibility of any intermediaries. All you need to do is work with the product's brand owner and then resell the merchandise.

The designers of the Amazon Wholesale business course have presented a simple three S-Formula that you may utilize to achieve success on Amazon.

The three Ss stand for Scout, Source, and Sell and, when employed appropriately, signal success for you. Let's look at how you may use these three processes to your advantage in business.

Scout – The first step is to easily find and research such products that are branded and fast-selling and generate profits. The Wholesale Formula will tell you to identify such opportunities on the Amazon marketplace platform.

Source –This is the most critical step for online sales. Here you need to ensure that your products come directly from the brand owners. You can become an authorized seller of their products by providing them with REAL value.

Sell- Once you have searched for the right product and got it through the proper channels, you need to sell it online to earn profits. Once your sales take off, you can plan to expand and manage your business and scale it to get further profits.

Everything is straightforward. You purchase the goods at a cheap wholesale price and resell them at a high retail price. Positive reviews may be seen on Amazon's Wholesale Sourcing sales site.

The Wholesale Formula Review 2022 - How Much Money Can You Make With The Wholesale Formula?

Since our start, we have paid out more than $7 million in affiliate commissions! We have seen success from partners with audiences of all sizes on virtually any platform. We're proud to say we have an unprecedented EPL (earnings-per-lead) of $104, which means for every opt-in you send, you're likely to earn $104 in commissions.

The Wholesale Formula Review 2022 - What’s Inside The Wholesale Formula Program?

To put it simply, here’s a list of everything a student of The Wholesale Formula gets:

• 24/7 lifetime access to our program
• All future updates to our program at no additional cost (Read “The Wholesale Formula 2.0 on the next page to learn more about how our program has been recently updated!)
• Access to our active TWF Alumni private Facebook community full of TWF students, coaches, and mentors
• Five modules of over 200 hours of video training content
• Resource Vault
• “The Vault” is where we lock up all of the good stuff that isn’t one of the TWF core concepts. It's filled with the supporting lessons that you may (or may not) need while going through the course… things like how Amazon works and definitions. Essentially, the Resource Vault is the one-stop shop for action-oriented lessons on how Amazon works, what Seller Central is, how to set up a business, work with software like G-Suite, and so much more!
• Webinar Recordings
• Over 12 hours of recordings from past webinars Dan, Dylan, and other members of our TWF Community have hosted to demonstrate concepts, processes, and software in-depth.
• TWF exclusive software & services discounts
• Special TWF student discounts for various tools and software we recommend to grow your business faster.
• Module 1: Getting Started
• You’ll hit the ground running as we help you build a solid foundation of The Wholesale Formula business model and walk you through the steps necessary to start your business!
• Module 2: Product Analysis
• Next, you’ll learn how to effectively and efficiently analyze Amazon products to determine their profit potential to see if they’re the right fit for your business.
• Module 3: Scouting
• Master our proprietary scouting methods of Black Box Scouting, Amazon Filtering, and Super Targeting. You will use these techniques to find tons of the best wholesale product opportunities fast!
• Module 4: Value Propositions
• Stand out and make yourself irresistible to brands to significantly increase your account approvals! Your Amazon expertise will help turn your partnered brands into raving fans.
• Module 5: Sourcing
• Discover the exact systems we use to contact brand owners, open wholesale accounts, and negotiate lower prices. Accurately forecast sales to place accurate initial orders and reorders ensuring you never miss a sale.

The Wholesale Formula Review 2022 - The Wholesale Formula Bonuses

The Wholesale Formula or TWF comes with a wide assortment of bonuses:

• Exclusive access to the TWF Alumni community is provided in a private FB group. Here you can share your experiences with other similar users or exchange business tips.
• There are email templates to contact brand owners, spreadsheets, checklists, and other tools.
• You get access to exclusive software like Seller Labs Pro, Jungle Scout, and Tactical Arbitrage to automate your business. You also get special discounts and free trials.
• The course provides VA Launchpad, a detailed hiring training course, and training your Virtual Assistant.
• Live webinars by the authors are arranged occasionally.
• The package also consists of more than 12 hours of Webinar Recordings to help students understand the course material and various FAQs with detailed and informative answers.

The Wholesale Formula Review 2022 - Can You Make Money With The Wholesale Formula 2.0?

The answer is a resounding YES. Since 2015 Dan and Dylan’s students have had revenues that exceeded the billion-dollar mark. Plus, with more people buying online instead of in a brick-and-mortar store the future looks very bright. This will even work for people who do not live in the United States.

If you put in the effort you will be rewarded handsomely. But, you have to take it seriously and work it as if your life depended on it. If you do not let anything hold you back.

The Wholesale Formula Review 2022 - Pros And Cons

Pros:

• Learn what products to sell
• Learn how to skip the middleman and go straight to the supplier(brand)
• Learn how to scale the whole business

Cons:

• You have to do the work. This is not a get-rich-quick business
• You have to be persistent and work it every day
• You will hear the word NO and have to be okay with that. Not for the thin-skinned individuals
• Beware of the shiny object syndrome
• Just because you see an item you think would sell doesn’t mean anyone will buy it. Just follow the training to a tee and do not deviate from the plan. Dan and Dylan lay out a method that is meant for you to follow. You do not have to recreate the wheel. Stay focused and have tunnel vision.

The Wholesale Formula Review 2022 - Is The Wholesale Formula Legit?

Yes, it is. They have over 5000 alumni who stayed focused and put in the work. Now that 5,000 is living a life they only dreamed of before. You can make money with this program if you follow the training and implement the lessons. You will receive one lesson a week for 6 weeks. This will allow you to implement the strategies without getting overwhelmed. If you have questions you can ask them in the private Facebook group or during the live coaching calls.

Testimonials

Listen to what these guys have to say about The Wholesale Formula and how it changed their lives.

The Wholesale Formula Review 2022 - Conclusion

I recommend The Wholesale Formula to anyone willing to put in the effort to make the program work. If you are just looking for a get-rich-quick scheme then this is not for you. But if you put in the time and effort you will be rewarded beyond measurement.

The question you must ask yourself is your family, friends, and community are worth you putting in the time and dedication it takes to succeed.