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Make money selling physical products online

Discussion in 'Making Money' started by OnlineGodfather, Feb 14, 2011.

  1. OnlineGodfather

    OnlineGodfather Senior Member

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    This is just an overview of how i make money with online stores and how
    i started it.
    For this you will need some investment capital since it involves a physical product to sell.


    First thing is that you have to choose the product. I choose products that are not available in my country,
    so i am the first one who is bringing them to people. You can check for products here on bhw in this section:

    Code:
    http://www.blackhatworld.com/blackhat-seo/f68-dropshipping-wholesale-hookups/
    or like i do it, i am always checking for some nice products on these sites:

    - alibaba.com
    - aliexpress.com
    - dhgate.com

    There is alot of these websites out there but i mainly use just aliexpress.

    NOTE: You have to be carefull from which supplier do you buy products, cause not all of them are the same quality.

    Next thing i did i order about 10 samples from 10 different suppliers i think they are worth trying.
    They sent me the samples and i tested them and choose the best quality one.


    In the meantime you need to make an online store, where you are going to sell products.
    For one of my stores i use prestashop which is easy to install and easy to use, you can get it here for free:

    Code:
    http://www.prestashop.com/
    But if you are selling just one product, i just create a simple sales letter and an order button at the end.
    It works really good for me.


    Now when you have the product choosen and website ready, you just need to generate traffic and sales.

    for offline marketing you can create flyers with coupons on it, you can also give an ad to your local paper.
    Maybe throw some kind of party. It also depends on a product.

    for online marketing you can create an adwords campaign, talk about the product on forums,
    create a page on facebook with a giveaway. You can also use blackhat techniques for better and faster results.

    If your product is new as are mine they will be selling fast. You can also go to stores and make
    a deal with them to also sell it there.


    I am making around 5k of profit from this after i pay for everything at the end of the month.


    At the end when you have everything ready and you are seeing sales everyday, you can always sell the whole business.
     
    • Thanks Thanks x 7
  2. navycliper1

    navycliper1 Regular Member

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    Thanks for this tips, 1 of the best thread i've come across on BHW.
     
  3. $ThisIsTheLife$

    $ThisIsTheLife$ BANNED BANNED

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    Yeah good job delivering your message

    Thanks
     
  4. rover747

    rover747 Newbie

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    i assume you talking about Chinese suppliers ? well main key is find honest supplier ,i am personally lost 1600$ after i deal with "verified" supplier when i try buy I5-I7 cpu's ,piss me off when i got package with newspaper,instead cpus ,i guess shxxt happen :zx11pisse
     
  5. stopnstare

    stopnstare Junior Member

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    Occupation:
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    Some of the immediate bonuses I can see running this model are:

    1) Refunds will be reduced due to having to return the product to get a refund.

    2) Better profit than Affiliate Offers.
     
  6. manolo12399

    manolo12399 Senior Member

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    Yes is a nice model to follow, when you say products not available in my country u mean products still not available online?
     
  7. OnlineGodfather

    OnlineGodfather Senior Member

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    Yes i meant products that are not available online and maybe not even present on market.
     
  8. beazt

    beazt Power Member

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    What would you suggest as good resources like Ebook or Video Tutorial to follow on this subject?
     
  9. ego_whore

    ego_whore Junior Member

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    You could merge this with the tips contained in the GoingGreen's post '5 ebay steps a rookie can master to make $1500 in hour' located in the ebay sub-forum.
    Quite informative!
     
  10. fiesta

    fiesta Junior Member

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    physical products plus internet marketing methods = good business model
     
  11. OnlineGodfather

    OnlineGodfather Senior Member

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    I dont have any resource that i could recommend, maybe search on google or check ideas and tips about this on websites like inc.com, entrepreneur.com or businessweek.
     
  12. monsieur

    monsieur Newbie

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    Very interesting but i'd like to have more information.
    How do you choose those produtcs ?
    I mean wich criteria do you use (apart from products that are not available online and maybe not even present on market).
     
  13. OnlineGodfather

    OnlineGodfather Senior Member

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    you can check for some trends, what do you think it will sell good. I defineatly dont want to deal with electronics from china.

    But if you have money you can always do market research for the product you want to sell. I have chosen products that i thought are cool and will be good even for me as a buyer.
     
  14. OnlineGodfather

    OnlineGodfather Senior Member

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    By inc.com, e-commerce is one of top performing industries for 2011;

    Code:
    http://www.inc.com/ss/6-top-performing-industries-for-2011
     
  15. neo3187

    neo3187 Senior Member

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    so do you order in bulk and store it in ur house or some other place? or you just forward the order to the main supplier and they do the shipping etc to the customer directly??
     
  16. consciousnesscreates

    consciousnesscreates Power Member

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    I will be making my own products soon when I leave this ridiculous UK of miserable people, weather and ridiculous laws and expensve living to China hopefully.
     
  17. OnlineGodfather

    OnlineGodfather Senior Member

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    For most of my products i store it and shipp it to customer but i have some products that goes directly to supplier.
     
  18. neo3187

    neo3187 Senior Member

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    how much did you invest when you first started it? and how do those guys deliver, do you face any problems with the customs department of your country??
     
  19. OnlineGodfather

    OnlineGodfather Senior Member

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    Investment is relative and depends on the products but in my case i invested 5k into my product so i had them in storage.
    The guys delivers how you agree with them and there is no problems with cutoms when you do it right.
     
  20. neo3187

    neo3187 Senior Member

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    i wonder if i could use those sites to order in bulk to india without any hassles with the customs... i guess if i order through DHL post it would be fine... some items are dirt cheap when i compare the prices in the indian market...