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Inside Amazon Wholesaling: Corey Ganim's Path to $3.2 Million (MU Classic)

Millionaire University

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Mastering Profit Margins and Cash Flow

This chapter explores the nuances of profit margins in wholesale, particularly for seven-figure businesses, stressing the importance of establishing supplier trust over time. The discussion includes strategies for product selection, emphasizing high average sale prices and manageable SKUs, alongside insights into the complexities of sales tax and cash flow management. Personal anecdotes and financial lessons underscore the evolution of managing an online retail business in the Amazon landscape.

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