Tuesday Jul 09, 2024
Episode 265 - The Compound Effect of In-House Prep with SamFBA – Scaling to $2M in 13 Months!
Scott interviews SamFBA, a rapidly successful Amazon seller who has achieved nearly $2 million in revenue in just 13 months. Sam discusses the significant benefits of handling prep work in-house rather than relying on third-party logistics, which has helped her boost profit margins and better understand her inventory. She emphasizes the importance of small savings compounding over time to create substantial monthly gains as sales increase.
Sam also shares her strategies for scaling her business sustainably, avoiding substantial loans, and effectively using cashback credit cards to optimize profit margins. Despite challenges like account health issues, Sam's focus on proper sourcing practices has been key to her success.
Tune in for valuable insights on Amazon FBA, and follow @Sam_FBA on X for more tips and strategies.
Episode Notes:
00:15 - SamFBA Introduction and Amazon Journey
02:55 - The Advantages of Self-Prep and Margin Improvement
05:17 - Building Sustainable Profit Margins
09:30 - Account Health and Legitimacy in Sourcing
12:39 - Growth Strategies and Long-Term Vision
13:58 - Resourcefulness and Learning from Failure
15:02- Conclusion and Reflections
X: https://x.com/Sam_FBA
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