Tweet

Learn How Walmart Made Joey a Millionaire!

Written by: Paul Gage

Article Overview: Discover how selling your product to Walmart can make you a lot of money as it did for Joey..

Learn How Walmart Made Joey a Millionaire!

How much money do you think Walmart makes from you in a year? Instead of buying products from Walmart you should make money from them by selling them your product. You should not be living on a budget and start living the life you dreamed of and develop a product that Walmart can sell to other people.

Selling your product to Walmart is not as hard as some people would have you believe. Most successful vendors that are already selling to Walmart would not even dare tell you their secrets.

Of course getting Walmart to purchase your product is not a cakewalk, but if you have a product they can make money from, they will walk you through the process.

My friend created a product that he felt was unique and that consumers really needed. He had so many people tell him how hard it would be to get his product into Walmart that he almost gave up before even trying. I convinced him that he should call a broker or distributor and solicit them his product.

He ended up calling an ex Walmart buyer that fell in love with his product and decided he would help get his product into Walmart. The ex-buyer let Joey know that there is a process but with his help he could make the process seem easier than approaching Walmart on his own.

Jim the broker got Joey an appointment with a Walmart buyer in less than a month. Joey flew to Arkansas to meet with the Walmart buyer and Jim. Jim gave Joey a list of things he needed so that the meeting would be a success. Joey needed to have a presentation that showed the buyer that there was demand for his product even though he never had his product in a retail store. He did have some pretty decent online sales, but not nearly as good if he had a huge advertising budget.

Joey was extremely nervous about the meeting because he knew he did not have a huge budget to run a National advertising campaign. He was manufacturing his product in China and knew he would not have a problem keeping up with the capacity Wal-mart would require.

Joey was amazed that the buyer was not interested in him having a huge advertising budget. The buyer just wanted his lowest price. Joey developed a product the buyer felt his customers needed and it was very unique to his category.

Walmart is in the business of selling a large amount of product at an every day low price that their customers expect. They do not want money for advertising they just want your best price. A buyer is looking for a product that has high demand and also has the potential to make the buyer look really good.

Joey returned from Arkansas with an order that trumped what he made in 2 years working for corporate America. He would have never gotten his product into Walmart if he would have listened to all the people that wanted him to give up and stop dreaming. Joey was successful getting into Walmart because he had a great product and a really good broker.

I have since helped Joey with his product and we have made millions of dollars selling to Walmart. I will happily share some of the critical secrets that most vendors will never tell you that are already selling to Walmart. Believe me it is not that hard if you try and you have nothing to lose but a lot to money if you don't try.

Related Articles
  What Is Your Word?
  Strategy to Understand your Competitor
  Do I Need to Have a Millionaire Mindset to Be Successful? Secret Revealed
  Creating Success
  The Millionaire Mindset Part 2 of 4

Article Tags: appointment, cakewalk, china, consumers, how much money, joey, living on a budget, love, national advertising, national advertising campaign, retail store, wal mart, walmart



Related Forum Posts
Walmart - Hi there, It is amazing to hear that news. I am in the UK. Some five years ago Walmart bought ASDA Superstores. We do most of our shopping there. So I have a little interest in Walmart. Eearlier this year I spend a few weeks in the US. I visited Walmart on several occasions. I was impressed, as they have one section for Massive Bulk Purchases. One needs a registration for that priviledge. Are other Markets doing the same? Is that a growing section? It is quite natural that there are competitors. Kindest Regards Beat "Unlock People's Potentials!"
Re: Top 9 Franchises for 2009 - GT, That seems to be the way it goes as stores get more popular. In the U.S. we have Walmart. They've been accused of selling things made in sweat shops over seas, but when times are tough it's hard not to buy from them when the alternatives are twice as high. There's probably a Walmart in every town over population of 10,000.
Re: HRPreneur - Hi Joey - what does your marketing plan look like right now?
Re: Dropped Out Of School To Startup! - Micheal Dell also dropped out of university. I have ordered for a book titled Millionaire Dropouts by Woodward. Read the Synopsis Millionaire Dropouts started as a list who's who of dropouts. Over the years and seven books later it as developed into an extensive list of great men and women who have overcame their obstacles and beat the odds of success. Some of the greatest companies and most profound inventions were founded and invented by people with very little education. How can someone without a degree and sometimes with very little money go onto build empires? It is the age old question, what drives one person to success while another stops at failure? This book list bullet bios of some of the greatest dropouts in history. Millionaire Dropouts will inspire and entertain. Not only are there over 50 biographies there is a master list of over 900 people who have dropped out and gone on to great success. Enjoy this inspiring work and share it with others.
Re: Gift Cards, Use 'em or Lose 'em - This is a topic I was just discussing to someone the other day. Yes, stores are pushing the gift cards because if you don't use them or forget about them, that's big profit for them. Millions are made every year for expired or never used gift cards. I know that if you use a Walmart gift card, but don't spend all of it, and then wait months to use it again, the balance will be less if not zero. This brings me to a story I just heard last night on the news. A Walmart employee was registering gift cards for people, and instead of putting the amount on the cards, she was pocketing the money for herself and then using it to buy her own gift cards. Make sure to always keep your receipts and check to make sure the amount is actually on the card. Alan


Share this article with your friends. Fund someone's dream.

Leave a comment below or share on the left and you'll help support entrepreneurs in Africa through our partnership with Kiva. Over $50,000 raised and counting - Please keep sharing! Learn more.

Tweet

Newsletter

Get advice & tips from famous business
owners, new articles by entrepreneur
experts, my latest website updates, &
special sneak peaks at what's to come!

Name:
Email:

Popular Articles

How To Be Happy at Work? Acknowledge Yourself

Ten Things You Can Do To Be a Better Leader

Suggestions

Email us your ideas on how to make our
website more valuable! Thank you Sharon
from Toronto Salsa Lessons / Classes for
your suggestions to make the newsletter
look like the website and profile younger
entrepreneurs like Jennifer Lopez.