27 min listen
EPISODE 262 - From Social Work to Amazon Success: Andy Slamans’ Journey to Building a Multi-Million Dollar Brand
EPISODE 262 - From Social Work to Amazon Success: Andy Slamans’ Journey to Building a Multi-Million Dollar Brand
ratings:
Length:
36 minutes
Released:
Jun 18, 2024
Format:
Podcast episode
Description
Andy Slamans Co-Founder of Amazing Freedom Brands, shares his incredible story of transitioning from social work to building a multi-million dollar Amazon business.We delved into Andy's early days of selling on Amazon, the valuable lessons he learned, and the challenges he overcame along the way. From navigating the intricacies of international sourcing to building relationships with domestic manufacturers, we uncovered the strategies that propelled Amazing Freedom Brands to remarkable success.Andy also shared his insights on inventory management, advertising adjustments, the shift to website sales, and the delicate balance of pricing and margins.If you're an aspiring entrepreneur, this episode was packed with invaluable advice and inspiration to fuel your journey.Episode Notes: 00:30 - Andy Slamans Introduction 01:50 - LinkedIn and its Positive Environment 02:55 - Andy's Transition from Social Work to Amazon Selling 05:45 - The Early Days of Selling on Amazon and Lessons Learned 09:20 - Challenges and Strategies of Sourcing Internationally 10:45 - Advantages of Sourcing Products Domestically in the US 13:30 - Finding Tradeshows 15:19 - Reordering Products from Domestic Manufacturers 16:40 - Experimenting with Turning Off Ads Due to Running Out of Inventory 18:18 - Approaching $20 Million in Revenue: Strategies and Growth 21:15 - Using a Line of Credit 22:55 - Navigating Return Handling for Different Types of Products 24:46 - Building a Team with C-Suite Hires and Scaling the Business 29:30 - Learning from Losses LinkedIn: linkedin.com/in/andy-slamans-892ba0b9Website: amazing freedom.com Related Post: Maximize Your Ad Spend: 7 Benefits of Effective Ad Management
Released:
Jun 18, 2024
Format:
Podcast episode
Titles in the series (100)
Episode 26: Expand your Business | Warehouses: In this episode of The Best Amazon Seller, we talk about when to get your own warehouse, what this might require, and what type of warehouse you would best benefit from. - Meet-Ups 1:03 - When Should you get Your own Warehouse 7:25 - What... by The Smartest Amazon Seller