Wednesday, May 13, 2015

Resale

To start reselling like a boss (buying from a manufacturer and selling, ebay, amazon, to a store) you need to know:

1.How to get the best price
2.how to decide what to buy
3. how to make it automatic

How to get the best price.
To get the best price get a business account at your bank and a business phone number on your phone (for credibility), buy  sample from the company (to judge the quality). 
 Build a relationship with the company and eventually ask for the "jobber" price (the best price).

How to decide what to buy
Go to amazon.com and find the highest selling page, skim through it, find the thing you can buy cheaper and sell cheaper.  Buy that thing from alibaba.com and import it, you know the rest (sell!).

How to make it automatic
Once you have ironed out all the kinks, set up a deal with your supplier.  The supplier sends a certain amount of the product to amazon, amazon keeps it in their warehouse and send it to the buyer.

Viola! you are now set for life!

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