Before buying from these places, understand that shipping times from China to the US can take a long time. 30 to 60 days to receive a package is reasonable. Product quality isn’t always the best and some sellers will refuse to give out samples to low volume buyers. Even after you find the perfect product at the perfect price, sometimes it won’t be such a hot seller. In reality, you’ve got to experiment and uncover what the market wants.
5. Buy and Resell Products From Local Auctions
Big brands like Amazon, Home Depot, and others sell off their returned, defective, etc. items to big auction houses, who in turn, offer them for bid to customers like you. Many of these items are in pristine, brand new condition but auctioned without a factory box, or with a missing instruction booklet.
Some products are in need of a repair or severely defective, which means you’ll have to spend time inspecting items before you buy. These products can be won at auction and then resold either locally in person or offered for sale online at places like eBay.
6. Drop Shipping
Many companies offer drop shipping services these days, but you’ve really got to look around to find them. How drop shipping works is simple: A customer buys an item from your store, you notify the drop shipping party of the sale, and the drop shipper ships the item directly to the customer. Of course, you’re on the hook for handling customer service, attracting new customers and so on.
While drop shipping my sound like a dream, it does come with some downsides. For one, you’re stuck waiting on the drop shipper to mail out items, and any delay can be out of your control. Shipping expenses can chew into profits deeply, and branding/promotional material is non-existent when it comes to packaging.
7. Be a Driver.
Credit: Tero Vesalainen / Shutterstock.com
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