In Part 1 I introduced the concept of using non branded products as opposed to the brand names that we are familiar with. The next part of the process is to find a niche area in which to trade in, it is in the niche areas where we will be making our money. We don’t want to be competing in the very HOT markets (at least not yet).
Here are just two random examples:
Men’s Shavers: I have just completed a search and found 17 pages of listings with 811 items for sale, 486 of these are for non branded items.
Slimming Belt: 8 pages of listings ALL of these are non branded. Now maybe 8 pages of listings is too many but the use of the auction format will ensure that your item gets exposure on the first page for about a day or so.
Ok Rob, where do we get hold of this Non Branded Stock?
The first port of call should be your local wholesaler; this has the advantage that you can examine the goods before purchase. Most cities have there own wholesale districts so it is worth spending some time to visit a number of warehouses.
The real bargains and therefore the real profits are to be made from importing from the Far East and particularly China. I have imported goods from China for many years without any problems, the price you will pay will depend on currency fluctuations as most Chinese companies trade in the US $.
Remember as always “Caveat Emptor” or “Buyer Beware”, do not repeat do not send any money using wire transfer services you have been warned. Use a credit card or PayPal for the transaction as this will provide you with some measure of protection in case of problems. To cover all the basics will take several thousand words and I don’t have the space or the time to write them.
So here is the deal! You can get me complete guide to sourcing non branded product on a series of 3 videos for FREE. So here is your DOWNLOAD LINK.
Check back soon for Part 3…. Rob