Thursday Jan 18, 2024
Be part of Kevin as he sits down with Robert Gomez, whose e-commerce journey took him from faculty facet hustles with prohibited objects on Amazon to dominating retail areas like Walmart.com. Robert shares the gritty particulars of his early pitfalls, dealing with authorized threats from well-known manufacturers, and the way he rose from the ashes to construct a retail empire. Pay attention in as we dissect the essential pivots and strategic strikes that propelled Robert from a dangerous begin to nationwide success, and the way these experiences carved out a blueprint for e-commerce triumph.
Of their candid dialog, Robert peels again the curtain on the difficult transition from a snug company job to the unpredictable world of Amazon FBA and past. He recounts the meticulous course of of creating an LLC, juggling a demanding consultancy function, and the relentless pursuit of his entrepreneurial imaginative and prescient. The chat uncovers the fragile steadiness of safety and threat, revealing how a steadfast dedication to an impartial enterprise enterprise can coexist with a company security internet till the scales tip in favor of exceptional progress and retail partnerships.
Hear in regards to the nuances of constructing strong vendor relationships, the finesse required in negotiating phrases with giants like Walmart, and the comparability between Amazon gross sales and brick-and-mortar retail. Robert’s story is a masterclass in enterprise technique, showcasing the worth of face-to-face provider conferences, the artwork of risk-sharing, and the affect of retail presence on a model’s success. As we focus on the journey from $500,000 to a projected $10-12 million in income, Robert’s insights present a roadmap for Amazon and Walmart entrepreneurs seeking to navigate the complexities of on-line marketplaces and retail enlargement. So, tune in and take notes – this episode is a superb studying expertise for anybody aiming to take their manufacturers to new heights.
In episode 379 of the AM/PM Podcast, Kevin and Robert focus on:
- 00:00 – Robert’s Unconventional E-Commerce Success
- 04:50 – Classes Discovered From Promoting on Amazon
- 07:02 – Company to Amazon FBA Journey
- 16:06 – Getting Nationwide Distribution With Walmart
- 19:30 – Attaining Seven Figures on Amazon
- 20:09 – Constructing a Enterprise With Negotiated Provider Phrases
- 24:04 – Negotiating Phrases With A Potential Purchaser
- 24:30 – Constructing a Profitable Espresso Model
- 29:49 – Promote to Retailers, Stand Out
- 40:42 – Negotiating Retail Costs With Walmart
- 46:03 – Evaluating Gross sales on Amazon vs Walmart
- 48:50 – The Significance of Retail in Gross sales
- 51:27 – Navigating Retail and On-line Marketplaces
- 53:01 – Increasing Internationally and Concentrating on Walmart
- 56:28 – Alternatives in Retail
- 58:50 – Kevin’s Golden Nugget Tip
