Hi hitch,
Been looking on terapeak, do you have any methods for finding gems, currentlys I've been checking the highest selling products via category's and subs. So far found 1 but after customs and import tax I would actually be losing money.
It's not a gem, if you can't get a deal on it. Also, don't look at small light weight items like cell phone cases, and car chargers.. anyhting that is small and lightweight for the most part is going to be easy to fly in from china, meaning the competition is going to fierce.
The other trick is, NEVER FLY anything in via DHL or FedEX . I only get samples flown over.. to compete with the big boys and make money like the big boys, you need to get the items shipped in via sea freight. Sea freight scares a lot of people, so your competition is decreased.
Sea freight will only cost you a fraction of express.
You may spend a little more upfront (as you should buy a higher QTY) but you will make exponentially more.
You don't have to get the items shipped in a full 20' container, you can ship them in LCL (less then container load) , and at the dock in NY or LA or wherever it comes in, it will get stripped down then "railed" (sent on a train) to your final destination where you can go pick it up.
Anyway I know I went off again, but it's important to know the details. You can't look at small things that's easy to fly in via express. Chances are, if you can get the items here that easily millions of other people are doing it and your margins will be VERY tight.
