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Wholesale Challenge
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Day 1 lays the groundwork for the program. We explain the concept and cover the essential tools required. We'll guide you through the business structure essentials like obtaining an EIN, setting up a business bank account, creating a professional email, building a website, establishing a CRM system, and securing a shipping address and reseller permit.
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The 2nd day is all about finding suppliers. We explain the different types of suppliers – distributors, brands, and wholesalers and then provide you with a brand criteria checklist. We will demonstrate various methods for finding brand leads, including through SmartScout, Amazon, trade shows and competitor storefronts. We cover our distributor criteria checklist and share strategies for finding distributor leads using Google and SpyFu. You'll also learn how to organize supplier contact information to add to your CRM or Google Sheet.
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The 3rd day is devoted to the art of contacting suppliers. You'll learn the do's and don'ts when reaching out to suppliers, how to follow up appropriately, and how to position yourself for success. We'll introduce you to effective email templates for reaching out to brands and distributors. We'll share real-life examples of successful outreach from our business.
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Our 4th day covers sourcing products. You'll learn what to do once you've opened accounts and gained access to pricing. We'll cover manual sourcing, teach you how to use a UPC scanner with Analyzer.tools, and explain reverse sourcing strategies using Amazon and SmartScout. We'll guide you through the process of submitting a Request for Quotation (RFQ), deciding on purchase quantities, and provide an example Purchase Order (PO) from our business.
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The 5th day is all about shipping and logistics. We'll share our experiences with both prep centers and warehouses, helping you to decide which is best for your needs. You'll learn how to use a prep center or warehouse, when to ship SPD vs. LTL/FTL, how to get suppliers to ship directly to FBA, and how to arrange LTL and FTL shipments. We'll also introduce you to using 2D barcodes to speed up wholesale prep and suggest a suitable credit card for shipping expenses.
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On the 6th day, we'll focus on leveraging virtual talent to scale your business. You'll learn about the organizational structure of a 7-figure wholesale business using virtual assistants, the pros and cons of VAs versus domestic employees, and the ideal timing to hire your first VA. We'll provide a hierarchy of tasks to outsource, discuss the KPIs you should be tracking, and provide resources for hiring VAs, including job posting templates. You'll learn from our experience with hiring rockstar VAs, red flags to look for when hiring, and lessons learned from interviewing 70+ VAs and hiring 20+.
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The final day of the challenge will be a "bringing it all together," day. We will recap all of the lessons and ensure that all questions are answered.
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Learn the essentials of smart financial management from a former 8-figure wholesale seller turned bookkeeper and tax accountant.
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Learn how to work with top-tier prep centers. What to look for, what to stay away from, and what to expect when working with a prep center.
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Get valuable insights from a Sales Rep at one of the largest electronics distributors in the country. Marlon teaches you exactly what suppliers are looking for, setting you up for maximum success.
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Barbara shares the ins and outs of creating effective and profitable bundles.
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The rest of the course replays will be made available only AFTER the challenge has been completed. Be sure to join the Facebook group first to attend the live sessions.
About the teacher
Corey Ganim
Wholesale ChallengeCorey is an 8 figure Amazon wholesale seller who loves to share lessons he's learned through trial, error and success.
Hi Corey,
Thanks for the great insight you provided in the last 7 days, just brilliant. Question for you.. I have my VA who would like to gain access to all the videos from the last 7 days. I have just logged in on the wholesalechallenge.com portal, however, there are still no replays available, will this be available in the next few days, what do you suggest is the best way to share all the videos with him?
We should have these available within two weeks. We are currently editing the videos and building the portal.
I missed it, can I get the replays ?
We will have them available soon.
Hi Corey,
Do you have any courses for new people like me that have no experience that want to start Amazon Wholesale business' step by step
The Wholesale Challenge handles that.
-Chris
The January 2024 class was FIRE!
Thank you!
You guys are brilliant!!!!
Thanks