The Smartest Amazon Seller
Episode 264 - Transitioning Business Models on Amazon with Jacob Albor
Jul 2, 2024
Utah-based Amazon seller Jacob Albor shares his inspiring journey of transitioning business models on Amazon from selling books to high-demand items. He discusses clearing significant debt, shifting from retail arbitrage to wholesale, building relationships with suppliers, and lessons learned from facing scams.
38:24
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Quick takeaways
- Jacob Albor paid off $95,000 debt by selling books, showcasing strategic financial planning.
- Transitioning from retail arbitrage to wholesale on Amazon prioritizes time efficiency and thorough supplier vetting.
Deep dives
Transitioning from Dropshipping to Selling on Amazon
Jacob Albor discusses his transition from dropshipping and managing his clothing line to selling on Amazon, which was sparked by a day he had to work on the weekend at his job as a loan officer. His journey started with purchasing books at a thrift store for a dollar and selling them for a profit. This marked the beginning of his book scanning hustle before he went full-time into selling on Amazon.
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