9 Steps ways to make money without money to find one profitable product and sell it on amazon in the aussie market (and how to grow from there)

Isn’t in a branded niche. There are certain niches where people care about the brand. You’d better avoid these. But then there are also niches like LED outdoor lamps ways to make money without money where nobody cares who made the lamp. From the buyer’s point of view, it’s just a cheap decorative element for their outdoor party. In this case the brand isn’t essential (that’s a profitable niche for you). Before you set your mind on a product, just make sure that people aren’t looking for a specific brand in your niche.

Etsy search. There is no actual way to filter the handmade products ways to make money without money from the rest. You’ll have to use your common sense here. For example, I looked at the keychain category (figured that’s where I could find some factory made stuff) and I found a suspect. It was a “lighthouse keychain”. I did a quick search on alibaba for the same ways to make money without money keywords and found the same keychain. It cost $0.99 to buy in bulk. On etsy, it cost $4.99.

Notes on product search: your most important criteria is the price. Duh! You’re looking for anything you can make at least 30-50% margin on. Keep in mind the checklist I shared above but also ways to make money without money use your common sense. The keychain example above gives you an exception of the ways to make money without money “don’t sell cheap stuff” rule. But that would only work on etsy. Save every product that looks like a good opportunity in ways to make money without money a spreadsheet. When estimating your profit, always use your worst case scenario for buying and selling ways to make money without money prices. Step 4: estimate your risk

There are already more than 10 big sellers. You can’t compete with someone who is selling 50,000 headphones per month. If there are 10 of these sellers in your niche, that’s a clear signal your product idea isn’t profitable. You’re looking for products that are selling consistently but don’t have a ton of sellers. If you hit a niche where there are lots of ways to make money without money these powersellers, try looking for more deep-niche products. Don’t let a little competition discourage you but also don’t try your hand where you obviously don’t have a chance.

Beware of spam! I once made the mistake to use my real email ways to make money without money when contacting suppliers. I kept on receiving random product offerings for the next ways to make money without money 5 years from every company I had contacted! So, set up an alternate alibaba email address before contacting any ways to make money without money suppliers, and make sure you run all your supplier communication through ways to make money without money that inbox.

• search for suppliers. Tip: if you can’t find suppliers on alibaba, try alibabaexpress. Just change your search settings to look for “suppliers”, not “products”. You should also try checking all of these options: “gold suppliers”, “onsite checked”, “assessed supplier”, and “escrow”. This should leave you with a list of 10-20 suppliers to choose from.

• find the best suppliers. What can I tell you… sometimes this comes down to gut feeling and pure luck. Finding the perfect business partner is difficult. You’ll have to work with a few suppliers until you ways to make money without money find out the company that you feel most comfortable doing ways to make money without money business with. A lot of times, it’s mostly about developing a great relationship with a great ways to make money without money supplier. Once you are a regular customer, they will become even more helpful because helping you means ways to make money without money they will increase their own sales.

The alibaba escrow service acts like a third-party between you and the seller. You send the payment for your order to alibaba and ways to make money without money they hold the money until you tell them that you ways to make money without money have received the order and you are satisfied with it. At that point, they release the funds to the seller. If you aren’t happy with the order, you can dispute the transaction and get a refund.

The easiest negotiation tactic: along with your email, casually plug in this line: “I’m speaking with another factory who are offering me this ways to make money without money product at $0.50 per unit lower than you. I enjoy doing business with you but I may have ways to make money without money to move to them for this specific product.”, or “I’m starting to buy a lot more volume from you. Do you think we could talk about lowering the product ways to make money without money or shipping prices?”

Develop a relationship with your supplier. The relationship you have with your supplier is crucial. You will often find yourself talking to the same supplier ways to make money without money almost all of the time so you will slowly become ways to make money without money friends with them. That’s a weird relationship. You know business is business and each one of you ways to make money without money protects their own interest but you are also partners and ways to make money without money you’re trying to help each other in any way that ways to make money without money you can.

Dealing with customs. A lot of the folks who email me worry about ways to make money without money dealing with australian customs. I’ve never had any serious issues with them. The suppliers always dealt with customs when sending out my ways to make money without money orders. Good suppliers have been in business long enough to know ways to make money without money how to get your items to you without any trouble ways to make money without money on your side. Step 7: test your samples

List your product on amazon, ebay, and/or etsy. Set up a seller account if you don’t have one, and list you samples. What to write in the description? You know, that’s a science on its own. But you’ll need a lot of time to learn it. So, why not use a shortcut instead? When I don’t know what to do I simply… copy from the best! Look for the top listings in your category and then ways to make money without money rewrite their copy. On amazon, you don’t even need a lot of copy. Protip: also look at the reviews for inspiration. Don’t worry about the copy too much. Just get your products published and try to make a ways to make money without money few sales. If you aren’t making any sales, start comparing your product to ones that are selling.

Get feedback. Wait a while for customers to leave you feedback. If they don’t, just email them and ask them what they thought about ways to make money without money the product, if they had any issues, etc. This will not only give you insight about the quality ways to make money without money of your product, but also it might push some people to actually leave ways to make money without money you some positive feedback. In either case, you win! If you immediately start getting nasty reviews and refund requests, then… it’s better that you didn’t buy in bulk, right?

How to handle returns and warranty. If you did EXACTLY as I told you above, you should have found a product that customers aren’t too picky about. If you have gone through selling a couple of samples, you shouldn’t have a ton of refunds. Ideally, your refund rate should be around 1-2%. Accept the fact that you’re going to pay for return shipping and for these ways to make money without money refunds. That’s part of doing business. And refunds keep your feedback scores high.

• build your own online store. Once upon a time that meant setting up a website ways to make money without money and hiring a developer to do that for you. Nowadays you can simply set up shopify and… there you go! Even if you don’t want to build your own brand, there are many benefits to having your own ecommerce store. You can analyze the traffic you’re getting, keep an email list to drive repeat orders, list your products on google and bing shopping ads, and so on, and so on

• outsource. As your business grows, time will become a limiting factor. With 10-20 orders per day you’ll end up shipping and replying to emails all day. You’ll have little time to think about your business and ways to make money without money that’s a bad thing. You need to step back every now and then so ways to make money without money that you can decide on your long-term goals and strategy. That’s why it’s a good idea to outsource the tasks that are ways to make money without money eating up your time. Especially the ones that don’t require much experience and expertise, e.G. You can hire a VA to keep track of inventory ways to make money without money and respond to customers.

Shipping via sea or air? Shipping via sea might sound a bit intimidating at first ways to make money without money but it’s not that complicated. You just order a container and hire a trucking company ways to make money without money to ship the container to your location upon arrival. Your supplier can tell you about the extra fees involved. Choose air or sea depending on the size of the ways to make money without money order. Your primary concern should be to upload and store the ways to make money without money product efficiently.

Working with drop shippers. A great website to look for dropshippers is wholesalecentral. Another way to find them is through your best suppliers. Ask around and you might as well find somebody. However, don’t rush in any big bulk orders with these guys. Develop a relationship first. Place a few smaller orders and see how that goes. You both need to trust each other.

About branding. When you grow your business you will start to think ways to make money without money about branding. Most manufacturers will work with you on customizing any aspect ways to make money without money of the product. You might even end up with an essentially new product ways to make money without money if you want to. But you will have to pay extra for it. Sometimes they might also raise the MOQ. But if you’re building your brand that’s totally okay.

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