The Wholesale Formula Review – 2023
Welcome to the Wholesale Formula review!
There are a lot of programs out there that promise to make you wealthy using e-commerce or Amazon. This is one of the few programs that has hundreds of student success stories.
That’s really what separates the wholesale formula from the hundreds of programs that make similar promises and never get mentioned on my blog…the proof.
If you’re reading this post, you are already thinking about purchasing this program and looking for that final piece of evidence to help you decide if the program is right for you.
The most important factor I look at when purchasing or promoting a product is the experience of previous customers. Have past customers found success? Have customers who realized the Wholesale Formula wasn’t right for them been able to get refunds?
The answer to both of these questions is yes, so I think this is a solid program. Let’s dig a little deeper.
- What Is The Wholesale Formula?
- The Wholesale Formula Creators
- The Wholesale Formula Course
- Are Wholesale Accounts the Only Way?
- Pros and Cons of The Wholesle Formula
- Does the Wholesale Formula Work?
- Who is Right for This Program?
- Ways to Sell on Amazon
- The Wholesale Formula v Amazon Selling Machine
- Do I Recommend the Wholesale Formula?
- The Wholesale Formula Bonus
- How to Get Your $23,976 Bonus
What Is The Wholesale Formula?
As with any high ticket product, there are loads of marketing materials that surround this program. There are pdfs, worksheets, blueprints, training videos, and live webinars that all come across your computer screen when this program is released. That’s a lot of information and it can be overwhelming.
On top of that, you have hundreds of reviews and bonuses from people who’ve never purchased a flagship program like this, let alone actually been through the program. There are loads of videos and reviews and bonuses from people who have no idea how this program works. It’s important as a consumer to really pay attention to the source of your reviews and bonuses.
I’ve worked with Dylan Frost on multiple projects, interviewed him several times, and asked my deepest questions during our time together. I have enough of a relationship to get that time with one of the creators of this program and really ask my deep questions. Here’s a picture from my interview with Dylan in 2021.
The Wholesale Formula teaches a specific type of Amazon Wholesale Business. Basically, you find companies with amazing products but poor results from their own Amazon business. You either take over an existing product listing on Amazon that isn’t working or you create one for a company that isn’t currently selling their product on Amazon.
This is a form of wholesale sourcing where you can get exclusive rights to products. As you are working directly with the manufacturer, you don’t have to compete with fifty other marketers trying to sell the same product. This is a very simple online business model.
The devil, of course, is in the details.
Normally a product goes through four steps to reach the consumer.
- Brand
- Distributer
- Retailer
- Consumer
This is the traditional model for bringing a product to market. The brand owner sells products to the distributor who sells to the retailer who sells to the consumer. At each step in the process, the price goes up so that the consumer is paying for three different companies to make a profit.
The Wholesale Formula removes the distributor from the equation. This lowers the price the consumer pays, while also increasing profits for the brand.
This is the simplest explanation for how this program works and if you find this form of wholesale selling intriguing, then you are going to like how Dylan and Dan make money online.
The Wholesale Formula Creators
Every one of my reviews needs a theme and for this review, it’s Blade. A great movie about vampires and the perfect inspiration for talking about this Amazon Wholesale Business Course. We are talking about the eternal fight between good and evil. And I think you’re on the right side. 😉
With any program, I do my best to help you break through the hype and see what is happening behind the curtain. It’s easy to say that this is an amazing Amazon FB wholesale training. But those are a lot of buzzwords. It’s more important to know the people behind the program. You don’t want to go through a course by people who make their living teaching instead of doing.
You want to learn from people who are selling on Amazon every day, So allow me to introduce you to the team.
Dan Meadors
In 2011, the CFO of Dan’s company told him he was quitting. Dan couldn’t believe anyone would leave behind a salary like that. Dan asked him for the secret. Soon the CFO took Dan to Walmart to behind teaching him retail arbitrage.
While retail arbitrage was doing pretty well, it was not a sustainable business. It was only when Dan partnered with Dylan and switched to the wholesale model that things really took off.
Dan started selling on Amazon in 2015 with just $600 to get started. By 2017, he was selling over $400,000 a month on Amazon using his business model. He buys products in bulk, ships them to an Amazon FBA warehouse, and then sells them on Amazon. And it’s clearly working!
Dylan Frost
Dylan joined Dan on this Amazon journey in 2015 and that’s when things exploded for them. Dylan was the brainchild behind switching from retail arbitrage to the Reverse Wholesaling model.
Every year he has doubled his online sales numbers since working with Dan and things don’t look like they’re slowing down anytime soon.
Jonathan Green
You want to know who is watching the watchers. You should only read my review if you trust ME. Don’t make buying decisions based on reviewers you don’t know.
I have been selling things online since 2007 and making a full-time living since 2010. I’ve sold a lot of books and print-on-demand products on Amazon. While I’m not a practitioner of The Wholesale Formula, I have been through enough of these programs to separate the programs that work from the hype.
I live on a tropical island with my wife and four children. If you hang around my blog and look at my other content, you’ll get to know that I practice what I preach.
Dan Meadors and Dylan Frost have been operating the Wholesale Formula Business Model for a long time. I have talked to Dylan enough about their internal numbers that I’m not really sure why they even sell this program. They make some much money on Amazon that teaching what they do barely nudges their bottom line. They already run a multi-million dollar company.
Those are the kinds of teachers that I like to learn from. They only teach because they enjoy it. Selling the Wholesale Formula is not their primary revenue stream. In addition to their own success, their students have combined sales of more than a billion dollars on Amazon. Talk about selling wholesale!
The Wholesale Formula Course
The wholesale formula system can be broken down into the idea of reverse sourcing wholesale. Those are some fancy words that mean you don’t wait for distributers to give you a list of products to choose from. You user software and tools like Jungle Scout to find products that should be selling better than they are. you’re looking for products in the that should be selling better than they are.
When you find a great product with bad marketing (or no marketing) that’s your business advantage. Dan and Dylan will teach you how to sell products. They have a deep and detailed process for boosting product sales on Amazon.
Once you find great products that you want to sell on Amazon, you contact brand owners offering to take over their Amazon FBA business. There are several ways this deal can work out and they are all covered in the wholesale formula program. You can become a consultant who is paid a monthly fee to run their Amazon business. This allows you to make money without taking on any risk. You sell the products but they handle all the support.
At the other end of the spectrum, you can take them on as a wholesale account. Depending on the price of the product, this can be a significant investment. So you may want to build up your warchest as a consulting as you work your way into this higher risk, higher reward tier.
Now, the beauty is that the product will arrive from a US factory directly to an Amazon warehouse in almost a week. Basically, what you are doing with the wholesale model is you are finding products on Amazon, buying them at wholesale prices, and selling them on Amazon for a profit.
With you are running the brand’s account or operating as a private label seller, you are the only Amazon seller authorized to sell this product. Working directly with the manufacturer means you don’t have to compete with other sellers.
Once you’ve found products you want to wholesale and contacted brands to work with them, the final step is to manage, sell and expand. Manage your products, find your winners and double down. As the only authorized seller for your products, the road is wide open.
When you’re account is in partnership with the brands, you don’t have to worry about account approvals from Amazon. That’s a problem for retail arbitrage, not this method.
The wholesale formula is the best amazon wholesale course that I’ve encountered. It covers everything from finding great products to scaling with Amazon. It’s everything you need to generate income as a seller on Amazon.
Are Wholesale Accounts the Only Way?
This is the wholesale formula review, but that doesn’t mean the program exists in a bubble. There are many methods of e-commerce that work really well and even if we limit ourselves to Amazon systems there are more than a few ways to build a business. I make a lot of money selling book and print on demand merchandise directly through Amazon’s Kindle and Merch programs.
There is an entire business of buying and reselling underpriced books on Amazon which I cover in my review of the Book Arbitrage Profits System.
You can become a distributer of many brand name products through Amazon using a completely different method of wholesale sourcing.
My job is to show you programs that work and then you decide the one that has the greatest appeal to you. I do my best to show you who the program is for and who might not be the fight fit.In my opinion this program is a good fit for my of the people who follow me, read my books, and will read this blog post. But not all of you. If you are thinking that making this much money sounds cool, but also like a lot of work…then this probably isn’t the right program for you.
We will find an alternative to the wholesale formula that better matches your desires and skillset.
Pros and Cons of The Wholesle Formula
Sometimes the easiest way to decide if a program is right for you is a comparison table. These are great tools, as long as the subject of your comparison never sees the list. That’s why I’ve never made one of these for my wife. It’s too dangerous.
PROS
- Lifetime access to the TWF training videos, webinars, templates, and resources
- Training from poeple who make most of their money running wholesale accounts
- The business is truly passive, once you setup your product Amazon handles the sales
- Form connections with brand owners and open the doors to more future possiblities
- Lean the inside scoop on wholesale sourcing and how to find amazing products
- Shorten the learning time first lesson to first profit
- A complete system that requires no additional purchases or tools to succeed
- A thriving community filled with past students who will support you on your journey
- Training that includes scaling when you hit your first success and automation
CONS
- The program is quite expensive – it’s a real investment
- It’s a lot of teim and effort to succeed, you must attend the trainings and actually take action
- It’s scary to email and call brands out of the blue
- You can feel like one little person trying to get attention in the ocean
- When you strike a deal with a brand you feel a sense of repsonsibiltiy to perform for them and get good results
- The margins for physical products are smaller than digital product
- If you don’t watch the videos or take action, you will have wasted your money
Does the Wholesale Formula Work?
This is a reasonable question. If you’re looking for screenshots, testimonials, and case studies..the wholesale formula sales material is littered with them. They have trained thousands of Amazon sellers and many of them are very successful.
There are loads of wholesale formula reviews out there. Most of them are by affiliates for the program, so they all of their way of making it look amazing. It’s tough to find a completely objective opinion. The most important part of a program, in my opinion, is the refund policy. So that even if everything you read turns out to be hype, you can your money back. I’m very careful to only promote programs with solid policies that they honor. So if you buy the wholesale formula and realize the training doesn’t live up to your expectations, you will not take a loss.
Let’s hear how the program has worked for some past students of the wholesale formula.
Cheryl Breitman’s Story
Aymeric Monello’s Story
Ian’s Success Story
I know Dylan pretty well and I have seen how this program is put together. I personally know enough people who have made enough money from this system that I believe in the TWF success formula. In my experience, it’s more about implementation.
Not everyone has the patience to go through their extensive amazing fba wholesale training. It’s a lot of time and that’s what I want to talk about next.
Who is Right for This Program?
It’s in my financial interest to convince everyone to buy this program. I’m an affiliate and get a commission for every sale. But if I convince you to buy the program, you realize it’s wrong for you and refund…I get nothing. So my incentive is to connect this program with the RIGHT people.
This program is not for everyone. It’s not a system you can run from your basement or attic without speaking to another human being. You have to reach out to brands and that often means phone calls to convince them to work with you. That can be scary.
I live on the other side of the world, so all of these phone calls would be in the middle of my night. I feel a real disconnect living so far away and that’s why I personally don’t use the wholesale formula model. It’s a great program, but not so much if you’re in a very different timezone from all the vendors you want to work with.
You can run a version of this system selling Australian products to Australian citizens, but I have never been to Australia, so that’s better for those of you from there.
If you are the kind of person who feels uncomfortable getting on the phone. If you don’t have time during the day for meetings with brands. If you really can’t afford the program and will have to split it across multiple credit cards. Then this probably isn’t the right online business model for you.
There are other amazon business models that might be a better fit for you.
If you like the idea of being in control of your destiny. If you’re willing to put in the hours going through the training and using the software to find the right opportunities. If you really want to change your life and you’re ready to start an online business, then this might be the right program for you.
I’d love to say that it’s easy. BUt every good system that I know of requires some work.
My job is to help people who would really benefit from the wholesale formula join the program, not to convince people who don’t have the time or resources to make the program succeed. If your worry is that you can’t really afford the program or that you don’t have any time to put into it, then this is probably not right for you.
Ways to Sell on Amazon
There are loads of ways to make money and sell products on Amazon besides the wholesale formula. I’m a big fan of selling anything on Amazon that is print on demand. This includes books, notebooks, coloring books, movies, shirts, and even pop-its. Amazon has a lot of options for working directly with them that will give you a taste for Amazon selling with little risk.
I love the Amazon merch program. You put a design on a shirt, sweatshirt, phone case or pop-it and Amazon does the rest. They sell, print, ship, and handle support for the product carrying your design. I’ve been a member of this program and it’s a good way to dip your toe into the Amazon ocean.
This program is pretty tough to get accepted into and it’s a much slower way to make money than using the TWF method to open wholesale accounts. It’s a less risky business model that doesn’t require you to talk to anyone or approach any brands. But it takes a lot longer to make any money.
Amazon kindle has loads of book types that you can create. But you have to design all of the products yourself. It’s a lot of work to write books and market them. You can make a little money with this arm of Amazon, but honestly, it’s a LOT of work. Either you have to design dozens of notebooks every single day, or get lucky and have the one in a million book that just flies off the shelves.
The wholesale formula gives you more control. You can control how your products sell and you spend all your time managing products, rather than creating them. You just transfer your risk from coming up with product ideas to picking bad products. Fortunately, TWF is one of the best wholesale sourcing programs out there and they have software to make it easy for you to avoid the wrong products. You can check out the wholesale formula website right here -> https://servenomaster.com/twfblog
The Wholesale Formula v Amazon Selling Machine
One of the most popular programs on the market for selling on Amazon is called Amazon Selling Machine. IF you’re wondering the difference between these two programs, look no further.
Amazon Selling Machine is built around finding great products, putting your name on them, and then selling them under your brand. This is called white labeling. For example, I could start selling “Serve No Maste” spatulas on Amazon. I have to order a large batch of spatulas from the factory in China, ship them to the Amazon FBA warehouse and then put up my listing. While this business model can work, it’s a lot riskier, especially for a new online marketer.
With the ASM model, you have the risk of copycats selling the exact same product with their logo slapped on it. Often your copycats will make their products at the same factory. It’s hard to protect your products and depends on superior marketing skills to succeed. You’re not partnering with brands, you’re working with factories. With this business model, it’s trickier to accurately forecast sales because there is no history of your products.
With the wholesale formula course method, you can leverage the existing sales and experience of the brands you want to work with. You can start out just managing their amazon listings, which allows you to make money while minimizing your financial risk.
Do I Recommend the Wholesale Formula?
Now we get to the most important part of the entire post. Yes. I think this is a solid program, with a track record of success, students who have made money from the program, and a refund policy that I know they honor. So even if I’m wrong and it turns out this program is a stinker, you’ll get all your money back.
My job is not to convince you that this program is the perfect program for everyone. It’s just not. My job is to sift away programs that don’t work, are created by sketch people, or have a high failure rate. I know products that will pay me a lot more money, but they don’t honor their refund policies. I never waste my time recommending stuff like that.
I don’t cover products that are outside my areas of expertise or ability to test in a timely manner. I don’t cover products about investing, real estate, foreign exchange, or cryptocurrency. I’m not knowledgeable enough to give a reliable recommendation.
The wholesale formula course, however, does fall into my area of expertise. I know a lot of people who’ve been through the program, I’ve spoken to Dylan a few times and I understand the entire methodology. The system makes logical sense to me and matches my experience selling products on Amazon. This is the best of the wholesale sourcing programs that I’ve come across and I know that it can work if you put in the time and effort.
My friend Seth made a ton of money with the Wholesale Formula and his story fills me with confidence about this product. The wholesale formula is not a get rich quick scheme. It’s a real business model that requires real work to see results. That’s why I feel comfortable recommending it to you.
The Wholesale Formula Bonus
Did you skip right to this section? You’ve already decided you want to start your amazon sales business. That’s fine. I am here to help you make your final decision and buy through my affiliate link. If you buy through my link, you will get all of the wholesale formula bonuses listed below.
Ecommerce Sales Page Swipe File
($2,997 Value)
We’ve compiled some of the best examples of ecommerce sales pages from across the internet. When creating listings for your Amazon business you can lean into this resource and you never have to write from scratch.
These assets make wring high-converting product listings a snap and you’ll generate profits from the wholesale formula even faster.
Press Release Database
($1,997 Value)
One of the easiest ways to get new visitors to see your products on Amazon is with press releases. A good press release can boost your online sales and please your brand partners
I have personally assembled a collection of the 5,000 most successful press releases of the past year. Using some very expensive tools and my spreadsheet skills, I’ve created a searchable database of high converting press releases for every single market.
This database will give you a reference point and template for every type of press release you could possibly want to write to promote your amazon business. These templates have taken me years to assemble as part of my private library and now they are available to you when you purchase through my link.
The Email Vault
($2,997 Value)
Email marketing is a critical part of my business and yet many ecommerce sellers ignore this powerful tool. Building relationships with your customers, getting them to buy directly from you, and letting them know about sales will all help you to sell more products. Selling wholesale doesn’t mean you don’t want to connect with your customers.
These are some of the finest and most profitable emails ever written and will give you a template to work from as you write your own emails.
Ronin Book Launch
($4,997 Value)
Get my entire Amazon book launch system. This will give you access to another way to generate revenue on Amazon and a deeper understanding of how the Amazon machine works. Whether you’ve always dreamed of writing a book or just want another way to generate sales on Amazon, this premium course will boost your success with TWF.
Amazon Merch Mastery
($1,497 Value)
Amazon has an entire multi-million dollar business that many people have never heard of. You can sell print-on-demand shirts, phone cases, pop-its, and more all directly through your Amazon dashboard. This secret arm is a great way to generate more revenue for the brand owner…even if that’s you.
I sell a lot of shirts as a way to boost my passive income and this is another insight into how the Amazon machine works.
Amazon Ads Unlocked
($997 Value)
Amazon ads can be really tricky. You can dive in with both feet and watch thousands of dollars melt away in a matter of minutes. I don’t want that to happen to you. Before you spend a penny on Amazon ads, you want to go through this special training to help you understand the different types of ads, the placements that work the best, and the psychology of your buyers.
Learn how to boost your sales and maximize your profits with this step-by-step amazon ads system.
Client Management Secrets
($1,997 Value)
With ten years of high ticket client management under my belt, I know a thing or two about how things can go back when you make a mistake during the negotiation phase. Avoid the mistakes that can kill your relationships and cost you thousands of dollars in addition to headaches.
We might call them brand partners, but they are still clients. You have to manage their expectations, control the relationship and generate enough profit for both of you to be happy. This training contains more than a decade’s worth of my knowledge.
Elite Mentor Hotline
($5,000 Value)
Get personal access to me as soon as the refund period on the Wholesale Formula expires. I’ll listen to recordings of your phone calls to brands, read your emails, look at your Amazon listings or check out your social media campaigns.
Whatever you are working on, send it over and I’ll personally review your work and send you a detailed video with my feedback. The fastest way to succeed is through mentorship and I’m here in your corner.
F1 Pit Crew
($1,497 Value)
Sometimes you need a little help and hiring a worker can be stressful. It takes me weeks to hire a new employee and then months to train them. Rather than going through this process yourself, let my team carry some of the load.
My team will help you with whatever you need for up to five hours of work time. They will write copy, design graphics, edit videos or anything else you need to accelerate your success.
How to Get Your $23,976 Bonus
In order to secure your bonus, you’ll need to use my affiliate link to the wholesale formula course. You should clear your cookies or use a fresh browser to make sure that I’m the one who gets the credit for your sale. Once your order is placed, please forward your receipt to support [AT] servenomaster.com and we’ll get your bonuses to you as quickly as possible.
My bonuses are designed to increase the wholesale formula worth and maximize your odds of success. I’m in your corner and I really want you to become one of their success stories. I think this program is very
If you find a different bonus out there that you think is better or more compelling, please email us as we will always work to beat any of the competition. My goal is for all the wholesale formula students who purchase through my link to do better than those who don’t. I’m personally invested in your joining the ranks of successful amazon sellers.