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at first I was like uh an hour bullet points bruh..
then I listened and was like...
dude is dropping some fuckin jewels here...
but I have to check the rest out later..
tks mpimp
The abridged version is:
1. Find some stuff
2. Pack it in a box
3. Ship it to a warehouse
4. Wait for a sale
You don't need any reviews or whatever this dude was ranting about in a 1.3 hour video (I didn't look at it).
There are also a couple of forums online and on Facebook where white folks are giving away their jewels every single day.
Where they at? Jason been making bread for a real long time every word he speaks is golden nuggets ...
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I've been searching alibaba, aliexpress and dealextreme for something to sell, I'm just getting started. The hardest part is finding out what to sell.
I don't know if
1. It makes sense to become a professional seller on amazon (39.99)
2. How much product you should order for a test run?
You are setting yourself up fr failure already, living in what you think you need versus what you ACTUALLY need.
These sites are for private label stuff, and you don't need that right now. Just get SOME products selling before even thinking about going the private label stuff.
I've done business with China and there are so many caveats that you have to go through that you would say you failed at this business based on the first sample they sent to you. It really is another business in and of itself.
Find some LOCAL products that sell, pay the fee for 2 months, and be determined to kill it. Also, ensure you have an adequate way to calculate true profits, so you don't inadvertently get into a hole and make yourself believe you're making more than you actually are.
What do you mean by pay the "fee"? I watch pickingprofits videos and go to the thrift shops and so forth but you know guys who are successful aren't lacing cats with any knowledge on game period.
Sell hair (weave).
What other every day, high volume product is that lightweight, easy/ cheap to ship that gives you those type of margins? Not any I can think of...
Right.The market is too mature for that. If you wanna make money with weave, the best thing is to create a brand, get some positive press about your product, get a celebrity to be the face of it, and funnel the sales through your own website.
The marketplaces are overrun with Chinese folks pushing the hair for next to nothing. If you look on Amazon now, in the beauty market nearly all of the items say "Shipped from China." Plus, with how finickity women are about hair products, using a marketplace will expose you to a boatload of returns. At least with your own store you have your own policies that can help protect you from chargebacks.
Right.
Anyone in marketing would tell you that having your own product or service is the best way to gain high profit.
You have to promote it. You can't just create something and expect to get rich. You have to put in a lot of legwork.
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Very good info especially for the returns. I never looked at it that way it definitely helps you from getting stuck with merchandise that ain't going to move.Also here's a tip for y'all: get tax exempt for your business.
In some places it's called getting a resale license or resale certificate. Basically when you shop at merchants that accept them, your inventory is tax free. I first did it with Sam's Club pretty much the same day I signed up for membership with them. Costco was next (wish I had done it sooner), and just did walmart online last month. This junk helps.
Another thing I do to keep things simple is not try to hit homeruns out the ballpark for all of my products. If I do get a homerun, hell yeah I'm happy about it, but it's not the norm in everyday business. I try to see how many products I can make at least $100 on each month. This way, it's something easily manageable and you can see what works or doesn't work quicker.
And finally, keep your receipts. I'm anal so I scan all of my receipts in, but if you ever need to return anything, at least you have em. I've printed out receipts on regular copy paper that I scanned in from Walmart and used that to make a couple of returns, no one ever questioned me about it either.
Aw hell, since we talk about returns, lemme tell you to keep track of the return windows. If something isn't working, remove that mug from the warehouse and take it back to the store! I do it all the time so my money isn't just lost on a bad buy. The more liberal national stores are:
Target: 120 days w/ REDcard, 90 days without
Walmart: 90 days
Costco: unlimited (as far as I know)
Sam's Club: 90 days
Of course electronics and computers may be different. But best believe I have no shame in asking for my money back. Some people do, but hey, that's what the policy is for. Just don't do it too much, or constantly take back 50 products at a time, or else they might ban your returns. Hasn't happened to me but I could see some crazy person trying to do that.
The market is too mature for that. If you wanna make money with weave, the best thing is to create a brand, get some positive press about your product, get a celebrity to be the face of it, and funnel the sales through your own website.
The marketplaces are overrun with Chinese folks pushing the hair for next to nothing. If you look on Amazon now, in the beauty market nearly all of the items say "Shipped from China." Plus, with how finickity women are about hair products, using a marketplace will expose you to a boatload of returns. At least with your own store you have your own policies that can help protect you from chargebacks.
You are setting yourself up fr failure already, living in what you think you need versus what you ACTUALLY need.
These sites are for private label stuff, and you don't need that right now. Just get SOME products selling before even thinking about going the private label stuff.
I've done business with China and there are so many caveats that you have to go through that you would say you failed at this business based on the first sample they sent to you. It really is another business in and of itself.
Find some LOCAL products that sell, pay the fee for 2 months, and be determined to kill it. Also, ensure you have an adequate way to calculate true profits, so you don't inadvertently get into a hole and make yourself believe you're making more than you actually are.
yeah. it's terrible.Have any of you actually put this to use?
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Never did it tho.. Got lazy.. Was trying to do phone cases but got lazyThis guy found some headphones wholesaler on alibaba, rebranded them and is now getting press trying to compete in the Airpod space.
These $89 AirPod competitors are a bet on the power of branding
Read more: http://www.digitaltrends.com/home-t...a-bet-on-the-power-of-branding/#ixzz4S543gc00
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