How Eric Built a Thriving Amazon Business: Arbitrage, Wholesale & Private Label Strategies

This episode of The Clear the Shelf Podcast dives deep into the journey of Eric, aka The Reselling Teacher, who left his teaching career to build a thriving Amazon business. From starting with arbitrage to mastering wholesale and venturing into private label, Eric shares the strategies, challenges, and lessons that shaped his path to success. 📸 Follow Eric on IG: https://www.instagram.com/theresellingteacher/ In this episode, Eric discusses: • How he transitioned from teaching to Amazon selling. • The pros and cons of arbitrage, wholesale, and private label. • Why building relationships with suppliers is key to success. • The importance of systems and processes in scaling your business. • Lessons learned from navigating Amazon’s competitive marketplace. Whether you're a beginner or an experienced seller, Eric's insights into sourcing, scaling, and staying adaptable in the ever-changing Amazon ecosystem help you grow your business. -------------------- RESOURCES FOR YOU: 🧰 https://www.ClearTheShelf.com (The Blog) 🧰 Keepa Academy - https://www.oachallenge.com/keepa-academy 🧰 OA Challenge - https://www.OAChallenge.com 🧰 Repricer Challenge (Free) - https://cleartheshelf.com/repricer-challenge 🧰 RabbitTrailChallenge (Free) - https://cleartheshelf.com/rabbit-trail-challenge 🧰 revROI Chrome Extension (Free) - https://cleartheshelf.com/revroi-extension 🧰 Goal Tracking Spreadsheet (Free) - https://cleartheshelf.com/goal-tracking SOFTWARE & SERVICES I USE & RECOMMEND: ✅ IP Alert (Code YT30 to Save $30) - https://entreresource.com/ip-alert-2/ ✅ Tactical Arbitrage (Code CLEARTHESHELF for a 10-Day Trial) - https://tacticalarbitrage.com/?frnd=12 ✅ Boxem - https://cleartheshelf.com/BoxemLive ✅ AURA Repricer (Code CTS to Save 20% Off Your First 3 Months) - https://goaura.com/cts ✅ RevSeller (Code PRO20 to Save $20) - https://www.revseller.com/32851/258.html ✅ OA Buddy (Code CLEARTHESHELF Saves $20): https://cleartheshelf.com/OA-Buddy SOCIAL MEDIA LINKS: 🐦 Twitter (Chris Grant): https://twitter.com/cleartheshelf 🐦 Twitter (Chris Racic): https://twitter.com/ChrisRacic -------------------- 0:00 - Introduction: Eric’s Journey from Teaching to Amazon Selling 3:15 - How Eric Got Started with Arbitrage on Amazon 7:45 - Transitioning from Arbitrage to Wholesale: Key Challenges and Wins 12:30 - The Importance of Building Supplier Relationships in Wholesale 16:20 - Scaling an Amazon Business with Systems and Processes 20:10 - Eric’s Insights on Navigating the Competitive Marketplace 24:00 - Lessons Learned from Early Mistakes in Arbitrage and Wholesale 28:30 - Exploring the Move to Private Label: Why and How Eric Pivoted 32:50 - The Role of Product Research in Wholesale and Private Label 37:15 - Tools and Resources Eric Uses to Streamline His Amazon Business 41:00 - Balancing Risk and Reward When Expanding Product Lines 45:40 - Building a Sustainable Business Model Beyond Arbitrage 50:10 - How Eric Leverages Networking and Community in the Amazon Space 54:30 - The Mindset Shift Required for Scaling to Wholesale and Private Label 59:00 - Key Takeaways for New Sellers Looking to Start or Scale on Amazon 1:03:15 - Advice for Balancing Multiple Revenue Streams on Amazon 1:08:00 - Closing Thoughts: Lessons from The Reselling Teacher’s Journey