#31 - Shawn Cannon: Leveraging Arbitrage to Get Into Amazon

Shawn Cannon and his partner Becky began selling on Amazon merely as an alternative income source and have been able to bring in a seven-figure turnover yearly.  Key Takeaways In this interview Shawn will teach you these valuable lessons: Arbitrage is one of the best ways to get into selling on Amazon for people with money Consider every listing as a doorway to get into Amazon Branding can greatly impact your Amazon sales turnover if done rightly Challenges will come when venturing into arbitrage but do not quit.  It’s advisable to have a thousand listings that sold one unit than one listing that sold a thousand. It’s okay to try out different products before settling for the one with the most skews and demand. Sticking to a brand is more rewarding than doing wholesale in the long run. When it comes to running a business, focus on two things—what you love and what you’re great at. Be willing to take blind leap of faith towards achieving your goals