Welcome to my Wholesale Formula review for 2022.
If you have been introduced to the Wholesale Formula training course and you are wondering if this course is the right course to learn how to make money online selling products on Amazon or another hyped course, you are in the right place.
In this review, I delve deeper into the following points:
- What is the Wholesale Formula?
- Who are the owners and their business track record,
- How does the Wholesale Formula work,
- How much does the Wholesale Formula cost?
- Who is the Wholesale Formula for?
- The pros and cons, alternative and my final point of view.
Without further ado, let’s dive in.
- The Wholesale Formula Review Summary – Course Overview
- What Is The Wholesale Formula?
- Who are Dan Meadors and Dylan Frost, the WSF course's owners and their background
- How does the wholesale Formula Work – their uniqueness
- Wholesale Formula Course overview – what do you get inside the course?
- MODULE 1 – GETTING STARTE
- MODULE 2 – PRODUCT ANALYSIS
- MODULE 3 – SCOUTING
- MODULE 4 – VALUE PROPOSITIONS
- MODULE 5 – SOURCING
- THE WHOLESALE FORMULA Resource VAULT
- THE WHOLESALE FORMULA Webinar Recordings:
The Wholesale Formula Review Summary – Course Overview
Product Name: The Wholesale Formula
Owner: Kevin King
The Wholesale Formula Free eBook: Download for free
Is The Wholesale Formula’s course a scam? NO
SOW YOUR SEED TODAY RATING: 9/10
Do I recommend this? YES
What Is The Wholesale Formula?
The Wholesale Formula basically is an Amazon FBA training course that teaches people how to sell products on Amazon and make big profits by using their unique Reverse Sourcing Wholesale method.
The course has been created by Dan Meadors and Dylan Frost in 2006 with thousands of successful students.
The owners themselves are sellers on amazon and they have sold over $30,000,000 in sales.
Unlike other Amazon FBA courses out there, the wholesale Formula course teaches a unique way of selling on Amazon.
They use a unique business concept known as ‘Reverse Sourcing Wholesale,’ which has proven to be quite successful.
With the WSF, you will learn how to outsource products from manufacturers or brand owners, close a great deal with them (buy less) and then resell the products on Amazon.com for a profit without even you touch the products.
This is an in-depth and extensive Amazon FBA course with detailed instructions, advice, and proven steps to follow. So even if you have never sold anything online before, you’ll be able to follow it and get started with your Amazon FBA business from scratch.
Who are Dan Meadors and Dylan Frost, the WSF course’s owners and their background
Dan Meadors and Dylan Frost are the creators and teachers of the Wholesale Formula course. They are from Southeastern Kentucky and started to sell products on Amazon in 2011 using the arbitrage method. They have made a lot of money selling their products and then left their corporate or 9 to 5 five jobs to become full-time entrepreneurs. But they have been looking for ways to scale their business, free their time and be totally free.
In 2012 they discover the reverse wholesale sourcing method and have been able to increase their revenue from 3 million to 6 million in one year as Amazon sellers.
In 2015, they decided to share their expertise and proven formula with the new starters so that regular people like you and me can also make money online with Amazon.
Since then they have trained over 5000 people and most of them had success following their proven methods and strategies.
The reason the Wholesale Formula students have a high success rate is that Dan and Dylan launch the course once a year for enrollment and when they close the enrolment they dedicate their time to support and help their students to grow their business.
At the time I was writing this review of the Wholesale Formula, the enrolment is open to start on February 23th, 2022 and it should close on April 22th, 2022.
So if you want to learn from Amazon experts sellers and people who still are in the industry, this is the right time to join the course.
How does the wholesale Formula Work – their uniqueness
Unlike traditional wholesale where there is a middleman between you, the retailer, and the manufacturer or brand owner, the wholesale formula course teaches you a new and unique method to outsourcing your products and then selling them on Amazon for a higher profit.
In fact, with the traditional method, the presence of the middleman makes the price of the product high and that lowers your profit margin if you want to stay competitive on the Amazon marketplace.
Here is how it work with the traditional wholesale method.
With the Wholesale Formula, you will learn how to bypass the middleman and go straight with the manufacturer to buy your products at a low price and then sell them higher on Amazon for a huge profit by following their step-by-step and over-the-shoulder videos training.
Here is how it work with the Wholesale Formula, the Reverse Sourcing Wholesale method.
As I said earlier the program was built around the concept of “Reverse Sourcing Wholesale.”
In simple terms, it allows you to outsource your products straight from the manufacturer and then ship it to the Amazon Fulfillment Center, where they will be picked, packed, shipped to your customers on your behalf.
As a result, you won’t have to see or touch any of the products you bought from the Manufacturing Company because Amazon FBA will take care of it.
And their formula is simply a three S-Formula that you can apply to build a six-figure Amazon FBA business from the comfort of your home, quit your 9 to 5 job, and be financially free.
In a nutshell, here is how it works:
- Scout: At this stage they teach you how to identify and assess products that are branded, popular, and profitable on the Amazon marketplace platform.
- Source: At this stage, they teach you how to source your products from manufacturers for a lower price, provide value and build trustworthiness with them so that you can become an authorized seller of their products.
- Sell: At this stage, they teach you how to successfully sell your products on Amazon, stand out from your competitors and dominate in your industry.
Wholesale Formula Course overview – what do you get inside the course?
The Wholesale Formula training course has five modules with over 200 hours of video training content and it comes with mentoring, coaching, and other useful resources we will cover in this Wholesale Formula review.
The following is a list of what’s included in those five modules:
MODULE 1 – GETTING STARTE
help you build a solid foundation of The Wholesale Formula business model and walk you through the steps necessary to start your business!
In this module, Dan and Dylan will introduce you to the Wholesale Formula business model. They will explain to you the concept of reverse wholesale, and also guide you through the steps you need to follow to start your Amazon FBA business the right way.
MODULE 2 – PRODUCT ANALYSIS
Module 2 is about finding the best selling and profitable products on Amazon and they provide guides and techniques to follow.
By the end of this module, you will be able to find products on Amazon, analyze their profit potential in order to figure out if they are a good fit for your Amazon FBA business or not.
MODULE 3 – SCOUTING
Here Dan Meadors and Dylan teach you scouting tactics for finding the most profitable products on Amazon to sell.
They will teach you in this module product scouting techniques like Black Box Scouting, Leaf Sourcing, Super Targeting, and Amazon Filtering to help you find the best wholesale product that can yield more profit for your business.
MODULE 4 – VALUE PROPOSITIONS
You will be learning in this module how to increase your brand awareness, gain more trust from brand owners, and then make yourself irresistible to them. That will help you increase your account approvals as a result.
MODULE 5 – SOURCING
This module is about outsourcing your products with brand owners. They will be showing you the system they use to contact manufacturers and then make a deal.
By the end you finish with this module you will know how to efficiently negotiate with manufacturers to close a great deal, and then open a wholesale account with them.
THE WHOLESALE FORMULA Resource VAULT
The Wholesale Formula Vault is not a part of the WSF core training course. It is a complimentary resource to the core course with useful and important information, terms, and guides. This is where you basically learn how Amazon FBA works, how to set up your Amazon FBA business, etc.
THE WHOLESALE FORMULA Webinar Recordings:
This is also a training resource you can access as a WSF student. It is over 12 hours of recording webinars by Dan, Dylan, and other successful members of the TWF Community.
By going through these recorded training materials, you learn new concepts and strategies that are still effective you can follow to turn your business into a profitable online business faster.
TWF exclusive software & services discounts
Special TWF student discounts for various tools and software they recommend to grow your business faster.
How much does the Wholesale Formula course cost?
The Wholesale Formula course costs a $2,497 one-time fee or $997 for 3 monthly payments.
This is a lot of money mainly for those who are just starting out.
And note that this is all you need to get started your business as an Amazon seller because you also need tools and also products you can sell on the Amazon marketplace. Not to mention the advertising budget.
Who is the Wholesale Formula Course for?
The Wholesale Formula is for everyone who wants to make money online and mainly those who want to enter into the eCommerce industry.
If you want to start an Amazon FBA business and you are looking for an online course that teaches you new concepts and strategies you can follow to successfully build a profitable Amazon FBA business, this course is for you.
This course is also for people who want a way to quit their 9 to 5 job and be financially free selling their own branded products on the Amazon marketplace.
As you know Amazon is an established brand and the teachers are still in the industry.
That means they don’t just teach you, they share their expertise with you so that you can replicate their results.
Who is this course not for?
Obviously, this course is not for people on a low budget. Because the course itself costs over $2k. And this is not all your expenses as you also need to buy items and tools to run your business.
This course is not also for people who are lazy and not ready to work hard. If you are ready to invest this amount of money and not ready to put the work in, this course is not for you.
It is not either for people who are looking to become rich overnight or push-button systems to make easy money.
It is a real business and you need to put the work in if you want to succeed.
Wholesale Formula Pros and Cons
What I like
✔ In-depth course with a new and proven formula to follow,
✔ 30-days money-back for a one-time payment,
✔ Teachers are experts in the industry and are still in the industry – they don’t just teach information.
❌ The course is a bit expensive and disqualifies those on a budget,
❌ Starting an Amazon FBA business require more than certain business model like affiliate marketing,
❌ Enrollment is only once a year – once you miss the registration period you have to wait for the next year.
The Wholesale Formula alternatives
The Wholesale Formula course is an in-depth training course designed by successful Amazon sellers.
If for one or another reason, the WSF is not your first rodeo, here are Wholesale Formula alternatives to consider:
The Amazon FBA Ninja course – costs $1,997 one time. Taught by a successful Amazon seller.
The Proven Amazon Course by Jim – costs $29 per month or a $499 one-time fee. Affordable, taught by a successful Amazon seller.
The Wholesale Formula course is a unique and high-quality course that will show you step by step how to make money selling products on Amazon.com.
The teachers are genuine with other successful students ready to support and help you get started.
The only downside is the price that is expensive and may not be a good fit for beginners who are just starting.
If this is the case with you and your goal is to start selling on Amazon, you can consider our suggested alternatives. or go with affiliate marketing that doesn’t require hundreds of dollars to get started.
That being said, I hope you found my Wholesale review helpful.
Ready to get started? Registration happens once a year!
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