
994: SellCord and Engaging: Sell E-Commerce on Amazon and Walmart with Michael Lebhar
E-commerce and optimization strategies go hand in hand in the digital marketplace. To succeed in the highly competitive world of online retail, businesses must continuously refine their approach. A well-executed optimization strategy is crucial for att...
November 17, 202320m 43s
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Show Notes
E-commerce and optimization strategies go hand in hand in the digital marketplace. To succeed in the highly competitive world of online retail, businesses must continuously refine their approach. A well-executed optimization strategy is crucial for attracting customers, boosting sales, and staying ahead in the ever-evolving world of e-commerce.
https://www.youtube.com/watch?v=3fzFUHQPyQs
Michael Lebhar is the CMO, co-founder of Engaging.ai, and the CEO of SellCord. Michael launched his Amazon business at 16 with a $500 investment, eventually achieving seven-figure annual sales. He realized that while Amazon is a game-changing platform for brand discovery, many sellers lack the necessary infrastructure for long-term success. Today, Michael will delve into his insights on optimizing e-commerce strategies for sustainable growth and success in the digital marketplace. Stay tuned!
Quotes
“Walmart is like Amazon was 10 years ago—low competition, huge opportunity, and growing fast.” – Michael Lebhar
“The best way to get into Walmart stores is to first show success on Walmart Marketplace.” – Michael Lebhar
“Think outside the box, work really hard, and value relationships—those are the keys to scaling a business.” – Michael Lebhar
“If you really put in the focus and outwork everybody, success starts multiplying.” – Michael Lebhar
Takeaways
01:00 Walmart Marketplace is now one of the fastest-growing eCommerce platforms in the U.S., offering sellers a chance to get ahead of the curve.
04:30 Launching on Walmart can complement Amazon sales, boost Google rankings, and help brands gain in-store opportunities.
06:56 Success story: one brand scaled to $120,000 per month on Walmart within six months by optimizing listings.
09:46 Categories like consumables, home, beauty, and auto accessories are thriving on Walmart.com.
11:26 The difference between winners and losers: treating Walmart properly as its own platform instead of copying Amazon's strategies.
15:40 Michael's secret to success: creativity, hard work, and building strong partnerships.
19:30 Favorite lesson: "Work like hell… put in 80–100 hours a week to improve your odds of success." – Elon Musk (shared by Michael).
Resources
Sellcord: The Walmart Marketplace Experts
Engaging AI: Effortlessly Develop and Launch Scalable Enterprise Chatbots, and more!
Michael Lebhar on Facebook
Michael Lebhar on Linkedin