Oct 31, 2017
On today’s show, Mark shares a
conversation that he had with Chad Rubin. Chad is a very large
Amazon seller and the founder of Skubana which automates inventory
for ecommerce stores. Inventory management is critical when selling
a business. We talk about finding the parts of your business that
are a grind and then figuring ways to make those things
We also talk about how to grow
an Amazon business the right way. Chad sees a lot of big stores and
sellers, so Mark wanted to delve into the habits Chad has seen from
these higher end sellers. Where are they putting their time, and
how are they automating and delegating? We also talk about private
label products, how much time should be put into product creation,
and how much work do you have to do after purchasing an Amazon
started selling online in 2007, and now he has created software to
manage and automate his business.
used to have 30 employees and now he only has 2 employees thanks to
has 950 skews. Other brands will copy and replicate your process.
You have to continue creating useful products.
buying an Amazon business look at the cost of the sale, trends, a
revenue analysis, and market conditions.
Chad started he was a reseller. He wondered what value he was
adding, so he built his own brand.
is a difference in competency between being a private label brand
and being a reseller.
understand demand is go to Amazon and search for what people are
- Skubana is a good fit for larger scale more
complex Amazon businesses.
you have a large business, your time is better spent having a good
system and working on strategic moves and finding
- Bundle like items to increase your average
is also a ton of marketshare off of Amazon. People need to stop and
see other channels.
about the big picture and off Amazon growth and
own website can be your second biggest channel. Some people start
search on Amazon and Google and now facebook.
important to pick the right channel and social channel for the
market you are targeting.