TLDR – What’s The Verdict On Marvin Leonard?
Wholesale Underground sounds appealing at first. It eliminates all the risks of Amazon FBA, allowing you to test products quickly.
There’s no startup cost.
You don’t have to sell Chinese trinkets and doodads.
And you don’t even have to run paid ads.
Instead you sell products from well-known brands. Stuff that people actually wanna buy.
Which makes the whole business model enticing.
But in reality, the whole thing is kind of a farce if you ask me. You ever see those Instagram vs Reality photos? This business model reminds me of that.
In reality, you’re gonna be bouncing from product to product, under the perpetual illusion that one product will be enough to quit your job and forever live the digital nomad lifestyle.
Let me paint the picture for you to better understand.
Say you wanted to sell Nike Strides shorts on Amazon. They’re popular, and pretty much everyone wants them.
Well, most consumers are smart enough to price shop.
So unless you’re selling it at super low prices, getting sales isn’t easy.
Say these shorts cost $15. You sell them for $23.
That’s 8 bucks per sale, meaning you need over a 1,000 sales every month to even sniff 6 figures. And that’s before all the Amazon referral and storage fees, if you elect to use their warehouses…
And next thing you know it, your competitors will undercut and climb over you on the rankings… Now the Strides which used to bring in hundreds of sales every month no longer do.
You’re back to square one looking for a winning product…
In life, there’s an easy way, and there’s a hard way.
The hard way is earning itty bitty margins for all the hard work you put in.
The easy way is sell something once and get paid thousands of dollars every month…
And what if you could predictably get sales.. You don’t have to worry about competitors stealing your customers either. Once you’ve built a relationship with each client, they trust you to help them.
As a result, you never have to worry about going back to your crummy 9 to 5 job.. It’s kinda like trying to put a toothpaste back in the tube, you can’t!
Once you’ve learned about the Digital Rental Method, there’s no going back.
If that sounds like music to your ears, you may want to learn more about this pretty cool program I discovered.
That said, if you want to continue down the path of Wholesale Underground, let’s keep rolling.
Who Benefits From Wholesale Underground, And Who Should Stay Away
Area | Score | Description |
---|---|---|
Time Investment | 2/5 | Expect 15 to 20 hours per week mostly spent on product research, fulfilling orders and creating new product listings. |
Level of Control | 1/5 | Jeff Bezos hards the keys to car. If he changes the policies or bans your account, you’re outta luck. |
Ease of Implementation | 4/5 | Copying other people’s profitable products isn’t exactly rocket science. There’s no need to learn advertising, so it’s relatively easy to implement but hard to be successful. |
Profit Potential | 1/5 | You mark up products by 10% to 20%. If other sellers undercut you, you’ll be left with razor thin margins. |
Wholesale Underground could be your thing if…
- You’ve already had success with Amazon FBA programs like Lunar Ecom and Rainmaker Challenge.
- You don’t have a lot of money.
- You’re really good at spotting deals like underpriced Yeezy’s or rare collectibles.
You should probably stay far away from Amazon wholesaling if…
- You wanna make REAL money. Amazon wholesaling has very low-profit margins, likely under 20% and, in many cases, under 10%.
- Having good and bad months doesn’t sound appealing to you. Personally, I prefer something like lead generation, since it provides predictable income.
- You’ve heard about the horror stories of Amazon suspending seller accounts.
Wholesale Underground At A 1,000 FT View
Amazon programs are a dime and a dozen these days… But there’s many ways to make money with Jeff Bezo’s platform..
You could:
- Do online arbitrage (resell items without inventory, very similar to dropshipping)
- Wholesale products (bulk order and ship it to a warehouse)
- Private label (create your own branded products)
- Ghostwrite and sell e-books
- Make product review videos and earn a commission
While selling on Amazon isn’t really my cup of tea, there is some merit to a few of them..
With all that said, let’s cover what Wholesale Underground is and how you make money with this stuff.
What Is Wholesale Underground?
Wholesale Underground is a mentorship program showing you how to start your own business selling brand-name products.
You get access to 100+ tutorials providing the entire wholesale formula, such as product research, creating wholesale accounts with suppliers, and setting up your storefront.
It comes with a few extra bells and whistles like the Online Arbitrage and Ungating masterclass. Beyond that, you get direct access to Marvin, where you can message him anytime with questions.
Business Model
Amazon has been a fun app to waste time on. I know I can spend hours down a rabbit hole looking for pet products for my dog.
This simple shopping app has now turned into a money-printing machine for some…
But how do you make money from it?
Well, the Amazon FBA ship has kinda sailed…Sure ecom is booming but there’s more sellers than ever.
But someone didn’t give Marvin the memo. He focuses on showing you online arbitrage.
The idea is that you sell products from popular brands, stuff like Nike shoes, Lego sets, Lululemon leggings, Nintendo games, and others.
You’re gonna use a software like Keepa for product research and SellerAmp to calculate profit margins.
Being the detective that Marvin is.. he shows you how to spy on other stores and see what’s profitable. Then you snag those same products and sell them in your own store.
Case in point. This is a screenshot taken from his product research YouTube video.
Here you’ll notice all the red boxes I’ve drawn. The research tool shows you things like
- the seller name
- brands that the store is selling
- BSR (Best Seller Rating), the lower the number the higher it ranks in the product category, which means the more sales volume it has
- Cost to buy source the product
- Buy box (what price you need to rank at the top)
Basically, you’re gonna go in and steal this guys best-selling products and then list it on your store, snagging some of his sales away from him.
Sounds great, right? Let’s just throw ethics out the window.
Morals aside, you just push a few buttons, and money comes flooding in..
Well, not so fast.
What about all the other students in Marvin’s program? Aren’t they using the same strategy?
Yep.
And what about all the other Amazon sellers who learned their tactics from other gurus?
You’ve guessed it.
All the Amazon sellers are using product research tools like Keepa, Jungle Scout, and Helium 10. They’re seeing the SAME data you are.
The Amazon game is a dog-eat-dog world. You step on one persons toes for your own gain.
You see, the problem with Amazon arbitrage is the low barrier of entry. If anyone can do it, there’s no profit in that.
Assuming you can actually get this to work, Marvin recommends transitioning from arbitrage to wholesale items.
You work a wholesale agreement with brands. That way you buy wholesale prices and get a discount on inventory, which will boost your margins just a tad.
Who Is Marvin Leonard?
Social Media Following | Link | Number of Followers |
---|---|---|
YouTube | Source | 20k subscribers |
Source | 528 followers |
From solving cases to moving merchandise, Marvin Leonard went from an overworked detective to an ecom mogul.
But life wasn’t always so easy for Mr. Leonard. His roots are in Mexico, where his family eventually migrated to the U.S.
As a young whipper snapper, Marvin joined the police academy and eventually became a detective. Even while making 80 grand a year, he was miserable. He had no life at all, working overtime, weekends, and holidays.
It all changed when he watched a Graham Stephan video. Gleaming with inspiration, he got into Amazon wholesaling. He was motivated knowing that he had to financially support his wife and newborn baby.
Now, he’s generated over 6 figs on Amazon and has over 20k YouTube subs.
What Does Wholesale Underground Cost?
Wholesale Underground has two separate tiers:
- The 12-Week Mentorship costs $497.
- The 12-Month Mentorship costs $1,497.
Both plans are pretty much the same, except the 12-month plan is longer and you’ll save $500 for investing that money upfront.
Is There A Refund Policy?
Marvin offers a 35-day action-based refund policy. But the lack of transparency worries me.
The terms and conditions page at the bottom is no longer working since he didn’t bother to renew his ClickFunnels subscription. Now, buyers don’t actually know what the requirements are to become eligible for a refund…
It’s a kind of shady practice used by gurus. They advertise a money-back guarantee but make it “action-based” and don’t include concrete terms as to what qualifies for a refund…
Anyways, while there is a refund policy, don’t think Marvin will hand you your money back so easily...
My Personal Opinion On Marvin Leonard And His Program
Marvin Leonard has been around the block for a few years, but there’s not a whole lot of reviews about the program.
So if you search “Wholesale Underground scam,” chances are you won’t find any…
Since I believe in our 5th amendment ‘innocent until proven guilty’, I’ll always air on the side of the guru here.. I’m gonna go out on a limb and say the program isn’t a scam.
He’s probably not gonna take your money, transfer it to crypto cold storage, and then use it to buy a lambo…
But I don’t think that any Amazon wholesale course is worth paying for, in all honesty. If you have a cool product idea, by all means go sell it on Amazon. And when it becomes big, pitch it to the guys at Shark Tank.
But if you’re trying to mooch off the brand equity of guys like Nike, Lego, Under Armor, and others, I wouldn’t do it.
Sticking around for a job you hate, counting the hours and minutes until it’s time to clock out is torture, I get it..
Dancing to the boss’s tunes and answering to the man upstairs, that’s no fun either..
I’ve been there myself.
But making fast cash selling goods for low margins isn’t the way to go. To me, it’s more of a side hustle than a real business.
The best way to make money is to solve people’s problems.. And the better you get at solving them, the more money you make.
- Dentists get rid of the pain of toothaches
- Chiropractors alleviate back pain..
- Personal trainers remove the feeling of shame and embarrassment
And businesses?
Well, businesses all around the world have one common pain point – customers…
They don’t know how to get customers. They rely on outdated strategies that don’t work anymore. Things like putting billboards up and paying for radio ads…
And that’s where you come in.
With the Digital Rental Method, you give businesses a prescription to fix their pain.
You say, “Hey Mr. business owner, I got a few web pages bringing in customers, would you like me to send them your way?
All they have to do is say yes once and you’ve already netted yourself recurring income. Just a few yesses and you’re already at 6 figures.
After you’ve built a thriving digital rental empire, you can spend your spare time however you’d like, such as:
- Taking your kids to Six Flags spontaneously on a weekday
- Surprising your spouse with a vacation
- Buying your mom or dad the gift they’ve always wanted
When you have money and time freedom, the world is your oyster.
All while you’re able to make a huge impact on these businesses. Rather than waste another minute selling on Amazon, it might be better to just check out what the Digital Rental Method is all about…
What’s Inside Wholesale Underground?
There’s not a lot to write home about with Wholesale Underground. It has a lot of the standard stuff you see elsewhere, similar to other middle-of-the-road programs like FBA Roadmap..
I mean, I enjoy plain vanilla every now and then, but personally, I wish Marvin gave me something different. Something that you probably couldn’t find for free on YouTube..
That said, inside, you’ll get everything you need to start an Amazon seller and wholesale account. This includes:
- 20 hours of video tutorials
- 1-on-1 mentorship
- Proven wholesale scripts, templates, and frameworks, like creating a wholesale order or performing supplier outreach
- In-depth supplier search methods
- Supplier objection frameworks
- Supplier verification
- Lifetime access to Arbitrage Mastery
- Product verification
- Lifetime access to Ungating Masterclass
- Product research beginner to expert guide
- Facebook group
While his course isn’t bad, it’s missing things like coaching calls and accountability.
For me… It’s missing that special ‘IT factor’ that I look for in programs, a certain je ne sais quoi, if you will, that makes the program stand out from every other FBA program…
Conclusion – Should You Buy?
So, is Wholesale Underground worth your time and money?
No, not really.
I do like that Marvin shares practical strategies and step-by-step video training.
But it’s kinda of like trying to drive cross-country with a 1970 honda civic.. Sure, it could work, but is that really what you wanna hitch your wagon to?
Read Our In Depth Breakdown Of The Top 5 Amazon FBAOpp Courses For 2024
Why not choose a better vehicle that gets you to your dream-life without worrying about the wheels coming off..
That’s exactly what the Digital Rental Method does.
Since the dawn of time and til the end of time, businesses will always need customers. If you bring them customers, they will happily pay you. With millions of businesses in the world, you never have to fight for your slice of the pie.
And best of all, this business model is completely recession proof and can get you to your desired 10k per month goal much faster and more reliably.
My #1 Alternative For Making Money Online In 2024
I’ve personally tried all of the major online business models:
- I’ve sold fidget spinners through Amazon FBA
- I’ve drop-shipped a toilet-bowl putting green on Shopify
- I’ve sold women’s health supplements via Clickbank affiliate marketing
And I made money with all of them, so trust me when I say: there is no “perfect” business model.
That being said, my #1 recommendation for making real money online is, hands-down, the Digital Rental Method.
Whether you’re a complete newbie, or you’ve been around the block before but have never had that “big win” to propel you forward, the Digital Rental Method is for you.
Here’s Why:
1)Time: If you’ve got a spare hour-or-two each day, you can do this. If you want to drop everything and go all-in, you can do this. More time obviously means faster results, but even putting in a few hours per day is enough to see real success.
And because of that flexibility, you don’t need to trade your time for money. Once the income starts, it’s recurring.
That means you can take a month off, travel the country, pursue a passion project, chill on the beach, or charter a boat across the world.
But you can only do that once you’ve created an income stream that doesn’t require YOU to be there all day, every day.
2) Ownership & Control: With Amazon wholesaling, you don’t technically own the customer base.
Amazon could literally shut you down overnight. They have a history of kicking suppliers off their platform or stopping payouts to affiliates for certain products once they’ve built their own.
Why pour your soul into a business that could be taken away from you at the drop of a dime?
When you follow the Digital Rental Method, you literally own all of the assets, which means you have ultimate control.
3) Big Margins: With Amazon wholesaling, you’re often going to have really slim margins. That means you need to hit a serious scale to make serious money. This usually involves doing everything in your power to get the Amazon buy box or hitting the turbo button on ads.
And if other sellers copy your entire store or your best sellers, well, you’re outta luck. You’re sleeping with one eye open, constantly fearful of competitors. And you’re continuously having to be on a hamster wheel chasing new products.
When you own a digital real estate empire, your profit margin is nearly 100%. Watch here to learn how.
Just a reminder: these Digital Rental Properties are worth (at a minimum) $500/mo in semi-passive income. And each time you create another one, your income increases, and the effort put into creating the next property decreases.
Best case scenario, you have properties bringing in over $3,000+/mo on auto-pilot.
4) It’s Effectively Copy-Paste: Here’s my favorite part: once you have your first Digital Rental Property up, you can literally copy-paste another version of it and find another willing “renter” in a few days. DOUBLING your income doesn’t get much easier than that…
If you wanted to double your income with Amazon wholesaling, you would need to sell twice as much inventory or double your profit margins. And I can guarantee you (from my fidget-spinner FBA days) that’s a lot harder than a few clicks & a phone call.
5) You’re Helping REAL People: My biggest gripe with Amazon wholesaling is that you’re basically only helping yourself. The world doesn’t need another B.S. gadget to consume.
It’s cool in the short term to make a quick buck, but in the long term, it gets really old, really fast.
But with the Digital Rental Method, you’re helping solve REAL problems that people are ASKING for help with:
Small local businesses around the world need one thing: customers. Without them, their business would fall apart. If we can provide those customers, they’re going to be really happy – and they’re going to pay you for it.
We’re not helping Jeff Bezos shoot another rocket into space – you’re helping a struggling mother or father put FOOD on the table for their families, put their kids through college, or simply live life a little bit more comfortably.
Having this type of impact on the world is what will help you sleep soundly at night.
So, the rest is up to you. You could keep looking at other Amazon programs like Wholesale Underground, which might make you money 12 months from now.
You could keep researching and researching for the next few months (or a few years), never making a concrete decision.
OR, you can look deep inside, think about those dreams, hopes, & desires, and make the decision to ACTUALLY make it happen, just like it has for thousands of other students before you.
Making a fortune while actually helping real people who need it.
If this sounds like you, click here to see how it all works.