Sourcing with Nils Oldörp Living in China Podcast #99

TL;DR

Learn sourcing skills from China insider, Niels Oldorp, to boost Amazon sales efficiently.

Transcript

you can never know too much about sourcing and today we talked to a sourcing expert who's living in china since 2013 taught himself how to source and now owns easy peasy sourcing.com his name is niels oldorp and we'll be asking him his best practices what went wrong what went right and what you can learn from to increase your sales by sourcing more... Read More

Key Insights

• 😫 China sets trends for global manufacturing, while Vietnam emerges as a growing production alternative.
• ❣️ Sourcing experts prioritize demand and product size while avoiding competition-heavy niches.
• 🫠 Leveraging influencers and proven ad targeting strategies can drive success in Amazon FBA.
• 🤲 Getting a mentor accelerates learning, mindset shifts, and financial confidence for business growth.
• 🛀 The balance between risk-taking and calculated financial decisions shapes Amazon FBA success strategies.

Questions & Answers

Q: How did Niels Oldorp transition from an intern to a sourcing expert in China?

Niels started as an intern in China and discovered the world of sourcing, leading him to gain expertise over the years through experience and mentorship.

Q: What challenges did Niels face in his sourcing journey, and how did he overcome them?

Niels encountered sourcing difficulties such as unreliable suppliers, incorrect product samples, and price fluctuations, leading to losses. He overcame these challenges by working with a sourcing agent who saved time and costs.

Q: What strategies does Niels recommend for Amazon FBA sellers to increase sales?

Niels highlights methods like influencer marketing, re-targeting, and attracting tar people to boost Amazon sales effectively, emphasizing the importance of unique value propositions.

Q: How important is a mentor in the journey of becoming a successful Amazon FBA seller?

Niels stresses the importance of having a mentor who can provide guidance, push mindset boundaries, and accelerate growth opportunities by fostering confidence and making pivotal decisions.

Summary & Key Takeaways

• Niels Oldorp shares his journey from an intern to a sourcing expert living in China since 2013, illustrating challenges and successes.

• A key learning includes sourcing complexities and best practices, emphasizing avoiding self-sourcing failures.

• Insights reveal efficient methods such as influencer marketing, re-targeting, and getting a mentor for navigating Amazon FBA effectively.