The Wholesale Formula Review
The Wholesale Formula
Are you thinking about selling on Amazon?
If so, The Wholesale Formula might be the ideal Amazon training course for you.
In our complete The Wholesale Formula review, we will look at everything you get, whether it is the perfect program for you, and even what options are readily available.
We’re going to review The Wholesale Formula to decide if it really is the best [course type] course out there.
We’ll talk about whether The Wholesale Formula is the right online business for you.
At the end, I’ll answer some of the most frequently asked questions regarding The Wholesale Formula and dropshipping in general.
And most importantly, I’ll show you the exact system I used to build my own internet marketing business to over $40,000 a month in mostly passive income.
This system made me swear off selling on Amazon for good, because it uses some of the same skills in a much more powerful and profitable way!
DISCLAIMER:
This The Wholesale Formula review has been thoroughly researched with information and testimonials that are available to anyone in the public. Any conclusions drawn by myself are opinions.
Why Listen To Us
My name is Josiah, and this is my Dad, Joel.
Together, we make up the team here at Scamrisk.
If you’ll let me bother you for two minutes, I’d like to quickly explain why I’m even here writing this review.
In early 2020, I had just graduated from college & had no real career prospects.
I knew I was destined for something more, but I had no clue how I was going to make it happen.
I had this sinking feeling in my gut all the time… like the “big man upstairs” had accidentally given me the version of life where I’d be mediocre forever, instead of the one where I was, ya know – happy & fulfilled.
Anyway…
I had fiddled around with some different online businesses in college:
Some random MLMs, a bit of affiliate marketing, a (failed) dropshipping store or two, all the usual suspects.
Even my dad had been involved in MLMs back in the day… selling knives & other random nonsense people (probably) didn’t need.
All I really wanted was to find something that was going to actually work for me.
Maybe those things had worked for others, but for me it all turned up a fat “0” in the bank account department.
So I searched! And searched… and searched… and searched…
And eventually, I somehow stumbled upon a program that promised to help me build an income online (read about it here if you’re curious).
I didn’t really want to be “rich”.
The thought of making a reliable $5K per month & not having to worry about clocking in to a 9-to-5 ever again was all I needed.
Sure, there were people in the program doing high-6 and low-7 figures per year… but that wasn’t what I was out for.
I just wanted to provide freedom for myself, and if I was lucky, take my family along for the ride.
Fast forward a few days and a few phone calls & I was enrolled!
Here’s the first “money making website” I put up:
I built that site in 2020, and it still makes me $1,500 per month. It’s a basic 5 page website I built based on a template the program provides.
The best part to me? My dad and I get to do it all together!
So between the:
Ease of reaching $5-$10K per month in income online
Straightforward-ness of the system to do it
Fact that I get to do it w/ my family
Is why I recommend local lead generation as my #1 business model for making money online.
Sure, it takes some work and dedication – but anyone that tells you that there’s a business out there that requires no work is selling you a lemon.
I’m not saying you need to sign up for the same program I did, but I would definitely recommend giving the business model a peek!
The Wholesale Formula: Quick Summary
The Wholesale Formula is a step-by-step internet training program centered on promoting wholesale on Amazon.
The teaching is presented by general professionals Dan Meadors and Dylan Frost, who have a total of $30,000,000 in product sales.
Who's The Wholesale Formula for?
The Wholesale Formula is for an seller who is looking to sell on Amazon.
The Wholesale Formula Return and Refund Policy:
The Wholesale Formula provides a no-questions-asked 30-day refund guarantee. If you're unsatisfied for any reason, you can get an easy refund.
The Wholesale Formula Price:
The Wholesale Formula cost a one-time fee of $2497, or you can take advantage of their payment plan of $997 for 3 months.
What Is The Wholesale Formula?
The Wholesale Formula (TWF) was developed by Dan Meadors and Dylan Frost and has been in business for nearly 5 years now.
Dylan and Dan have sold more than $30,000,000 on Amazon.. Since launching their program, they've educated more than 5,000 students.
The Wholesale Formula concentrates on promoting with Amazon FBA. The distinctive business model they use is widely known as 'Reverse Sourcing Wholesale' and is incredibly profitable.
They view wholesale as perhaps the best way of doing Amazon FBA over Private Label or Arbitrage.
They've used it this method exclusively for selling on Amazon to the tune of more than $5,000,000.
With their wealth of experience, proven strategies, and methods, it is easy to see exactly why they have many successful students.
What is In the Wholesale Formula 2.0?
The brand owner, Dylan and Dan, run an totally immersive training system that frequently updates its material since they're operating their own Amazon business by using their reverse sourcing wholesale model that they teach inside the Wholesale Formula.
Since they practice what they preach, they understand what is changing with Amazon, the fresh obstacles and challenges, and their students' battles... and they recognize when they have to offer brand new course video clips to assist them in overcoming any challenges that come their way.
So what is changed in TWF 2.0?
The Modules
The brand owner streamlined the modules; therefore, the info and content are simpler to use. Additionally, they shortened their video tutorials (and created much more of them). This way, when the students need to find information on a specific subject, they don't have to spend all their time searching through a 20 minute video.
Updated Lessons
They have updated courses throughout the program to focus on the very best methods they teach, like the point that they now use Helium ten because of the vast majority of their Amazon program needs! (They don't use Jungle Scout inside TWF.)
Furthermore, the modules concentrate firmly on the TWF core materials - which they determine as the TWF business model and the right way to apply it.
Each clip inside the course includes a downloadable PDF transcript whereby students could essentially "read along" together with the video, take notes, highlight main ideas, and so on.
Additionally, every video today has captions making it simpler to recognize and to browse!
The Business Owners Playbook
Module six is their place to set impactful and important lessons that did not always need to do with TWF, Amazon, or the wholesale business.
When they re-evaluated Module six, they found that it was a group of courses about becoming an entrepreneur - so that they turned Mod six into a mini-course called "The Company owners Playbook." This can enable them to incorporate lessons for this program and develop it into an invaluable resource.
You will have unrestricted lifetime access to The Business people Playbook - which includes brand new additions to the program as it increases.
The Resource Vault
TWF core principles. It is loaded with the supporting lessons that you might (or might not) need while starting the course… issues like the way Amazon business functions and definitions.
The Resource Vault may be the one-stop-shop for action-oriented lessons on how Amazon operates, what Seller Central is, how you can create a company, hire software as G Suite, moreover a lot more!
What is In the Wholesale Formula Course by Dan Meadors and Dylan Frost
The heart of the Wholesale Formula training consists of six modules that include more than ninety in-depth videos.
Module One: Orientation
Master the fundamentals of the 'Reverse Sourcing Wholesale' model. This module additionally shows overseas students how you can create an Amazon account. This is beneficial for a beginner.
Module two: Product Analysis
This module has ten videos teaching you exactly how to evaluate products on Amazon to find possible winners.
You'll also learn about the "Buy Box" competition analyses, sales rank, and much more.
Module three: Scouting
This module introduces you to the TWF Sourcing and scouting system. They deal with Leaf Sourcing, Amazon filtering, and how you can make use of Jungle Scout. Additionally, it addresses what's the most profitable products to sell on Amazon.
Module 4 – Value Propositions
Stand out and make yourself irresistible to possible suppliers to substantially increase account approvals.
Learn how you build your website, optimize listings, use PPC, exactly how to be the brand owner, and more.
Module five - Sourcing
You will understand the same systems Dan and Dylan use to communicate with brand owners, open wholesale accounts, and negotiate lower prices.
Accurately forecast product sales to set first orders and reorders, ensuring you do not miss a sale.
Module six - Growth
Once you have perfected what you've learned in the course, and your company is rocking and rolling, it is time to begin applying the same automation methods they have employed to scale on the 8 figure level.
The Wholesale Formula Bonuses
1. Membership Inclusion to the Wholesale Formula Alumni Facebook group in which you can get all of your questions answered and share techniques with fellow students.
2. Access to 'VA Launchpad' - A complete education course on how you can employ & teach your very own virtual assistants. This can enable you to delegate a great deal of effort and scale your Amazon wholesale business fast.
3. Exclusive discounts of $3000 on essential software like Tactical Arbitrage and Jungle Scout.
4. Resources and files - Email templates to effectively reach brand owners, wholesalers, and label seller suppliers. Many more communication templates, checklists, calculators, cheat sheets, and spreadsheets should enable you to get up and to operate.
5. TWF Webinar Recordings - You get more than 10hrs of in-depth replays of webinars showing you sourcing, product analysis, growth, and much more.
What's Reverse Sourcing Wholesale?
You will find three primary techniques for creating a profitable Amazon wholesale business.
- Scouting: Finding the products that are selling very well on Amazon.
- Sourcing: Contacting the suppliers of these products.
- Scaling: Manage, grow, systematize every element of your business.
The Wholesale Formula introduces you to a unit called 'Reverse Sourcing Wholesale.' This is the identical model employed by Amazon, Walmart, and Costco.
Reverse Sourcing Wholesale is the place you learn how to avoid the suppliers and get your products from the manufacturer.
Dan and Dylan will guide you through the step-by-step procedure they use to effectively meet brand owners and develop relationships with them.
Wholesaling vs. Private Label
In wholesale, you don't need to contend with Chinese suppliers, which could be highly frustrating and time-consuming. You do not need to release fresh merchandise on Amazon that will prove expensive and complicated.
When working with a private label, your new products will efficiently be 'invisible' when released.
In wholesale, you're choosing items that currently have an excellent track record and established revenue so they'll begin selling immediately.
Wholesaling is typically less risky, lasts longer, and much more scalable compared to Private Label.
How Much Money Will You Able To Make Using The Wholesale Formula?
Wholesaling on Amazon is about offering the same proven products every month and watching them quickly build up to a good income.
Let's dig down into the numbers to illustrate how 'Reverse Sourcing Wholesale' can work for you.
10 x 5 = 50 sales per day
50 x 30 days = $1,500 sales per month
1500 x $3.50 = $5,250 monthly profit
Let's say you have ten different products sourced from a few suppliers, plus you typically promote five units each day of every service.
You'll next have fifty sales each day and 1500 entire sales a month. When you earn just $3.50 on every item offered, then this results in a $5,250 profit per month.
The great thing about wholesaling is if you run low on any of your products, you can order more. They can usually be sent right to the Amazon FBA warehouses within a couple of days.
You can also continue testing new products and steadily build your inventory to a hundred or perhaps a thousand different lines. Imagine the monthly income with 100's of different products selling on a regular basis!
FAQs About The Wholesale Formula Amazon FBA Training
Is the Wholesale Formula a scam?
The Wholesale Formula is not a scam. They've been selling on Amazon for more than nine years and running their company since 2015.
Since then, they've taught more than 5,000 students, and the Wholesale Formula is likely among the most highly regarded Amazon courses out there.
Could you still earn money selling on Amazon in 2021?
Amazon keeps on developing and since the Coronavirus outbreak, their sales have exploded.
Amazon is predicted to have revenues of more than $400 billion, and third-party sellers (you & me) make up % of this revenue.
What does FBA stand for?
FBA is short for 'Fulfilment by Amazon.' This is a service operated by Amazon, allowing regular individuals to sell products on their site without the demand for staff and warehousing.
Fulfillment by Amazon must enable you to create a relatively 'hands-off' passive enterprise.
Is the Wholesale Formula a get-rich-quick scheme?
Hell No!
It's going to take actual investment and effort. You can finish the learning in approximately six weeks. It's also advised that you don't purchase inventory until it's finished.
Several students do make back their initial investment in the first month, but it could take longer.
Are you able to do TWF if you live outside of the USA?
Yes, many students live in different places, but they can also sell on Amazon.com.
You can purchase from US suppliers and ship stock to US FBA warehouses without setting foot in the USA.
What is in the Wholesale Formula?
You get 6 easy-to-learn step-by-step modules, additional resources, and files, webinar tracks along with a Virtual Assistant program.
Exactly how long do you get permission to access The Wholesale Formula when you sign up?
You are going to receive lifetime access to the Wholesale Formula and free updates.
Exactly how much will be the Wholesale Formula?
$2,497 once or 3 installments of $997.
Can I get a refund If I change my mind?
The Wholesale Formula provides a 30 day no hassle, 100% money-back guarantee.
Pros and Cons of The Wholesale Formula
Pros
- Positives
- The most in-depth Amazon wholesale course available
- Wholesaling is likely the most remarkable technique to sell on Amazon
- You receive a chance to access VA Launchpad, a complete education course on how you can employ and train your very own virtual assistants
- Free course updates for life
- It works out
Cons
- Quite expensive
- You are going to need an additional 1dolar1 500+ to purchase the Initial stock
Should You Invest in the Wholesale Formula?
As we've viewed, wholesaling on Amazon has numerous benefits over private label or arbitrage.
If perhaps you're a current Amazon seller who's fighting with retail arbitrage or have experienced a damaged private-label item, then entering into Amazon wholesaling may be an excellent choice for you personally.
The Wholesale Formula is with no question the most desirable Amazon wholesale course available.
It's a 30-day money-back guarantee if you're unhappy for just about any reason so that you can look it over risk-free.
You can certainly make money with Amazon FBA, but if you're gonna put in the amount of grueling work to become a seller on Amazon (which, trust me, isn't easy), you might as well bring in some REAL money.
The program that helped skyrocket my online business to $40,000+ per month teaches some of the same skills, but shows you how to monetize them in a much, MUCH more profitable way.
Yes, you can make money with Amazon FBA. But there's a lot that comes along with selling on Amazon that many people struggle with.
In fact, check out our top reasons why dropshippers fail.
What Is Our Top Recommendation For Making Money Online In 2024?
Our review team has come across a program in the real estate industry that is next level!
Although it’s not real estate in the traditional sense, it’s all digital.
Where The Wholesale Formula falls short is in scalability.
You can’t realistically expect to be able to make passive income when you have to watch your store and manage ads all day.
But what if you leverage it?
With this Digital Leasing program, you can have the ability to completely walk away from the laptop because there is no ad management!
Sound too good to be true?
Of course it does!
But it isn’t…in fact, business owners wish they had this skill!
All you have to do is build and rank a website and forward the jobs off to a business owner in town, you could even email it to them!
This works for literally any service based business, tree service, plumbing, towing, etc.
How do you get paid and how much?
Simple, after you forward the jobs off to a business owner and he makes some money off of them, you simply ask to make the deal beneficial for each other.
A fair price to charge per lead, depending on the industry is 10-20%…let’s just use the tree service industry for example and go by worst case scenario.
Let’s say you build and rank the site and only 10 jobs a month come in. The average tree service job is anywhere from $500-$2000!
That means at bare minimum you have an asset worth $500 a month!
See why they call it Digital Leasing now?
That’s a rent payment.
The great thing is how easy it is to scale. You don’t have to answer the phone…all you have to do is get the phone to ring.
Remember The Wholesale Formula and all the small profit margins?
This one actually allows you to collect that without being on the laptop managing a store all day. Truly passive income!
The training program takes making money online to a whole other level. The owner of the program walks you through how to build and rank a site hand in hand, with the occasional voice over when he is sharing his screen.
You will learn the importance of keywords, website name, how to send call notifications via email, backlinking, etc.
Once the training program is completed you will also have access to a Facebook group much better than the The Wholesale Formula group in our opinion. This group is much more active.
Unlike The Wholesale Formula, where you have to run ads all day and worry about getting a $5 profit off a $50 product 1,000 times over…. A business will always want more leads and another job. In fact it doesn’t even matter that the job isn’t coming from their website name…they see it as it is…expanding Digital Leasing.
Unlike The Wholesale Formula, more people have been able to walk away from their 9-5 job as well.
Digital Leasing allows you to have total passive income with most of your day being spent OFF the laptop.
Now, I know you probably have tons of questions…
#1 Business Recommendation
We each make around $10,000 per month with the help of this system.
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