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[METHOD] How You Can Make Big Money Importing From China – The Rise and Fall of My Empire…

Discussion in 'Making Money' started by StartupBros, Jan 24, 2013.

  1. StartupBros

    StartupBros Regular Member

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    Hi everybody,

    I recently wrote a series of posts on my experiences running an importing/dropshipping business and how I would do it again. I thought it would be helpful for anybody on BHW considering going into outsourcing / importing / dropshipping / whatever you want to call it.

    I hope it is ok for me to share these on BHW. If not, please let me know and I will delete/modify this thread.

    Here is an excerpt from the article (I would post the entire thing here, but it is a bit long due to how comprehensive they are) -

    Click here for the full guide -

    How You Can Make Big Money Importing From China ? The Rise and Fall of My Empire?

    I got an incredible amount of questions after this article went viral on Reddit, so I made a follow-up guide.


    The follow-up post is focused specifically on finding a good product to import and sell.

    Click here if you want to see that -

    Step-by-Step Guide on How To Find A Profitable Product To Sell



    Hope you guys can find some value in these!
     
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  2. SEO_Alchemy

    SEO_Alchemy Senior Member

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    Cool will have a look through these. Cheers mate.
     
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  3. ok888

    ok888 Jr. VIP Jr. VIP Premium Member

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  4. hzwill

    hzwill Junior Member

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    China has much more opportunities than any other coutry, but sure with more risks.

    If you know the rules, you can make big money.

    Hope your guys luck...:cool:
     
  5. apexbeat

    apexbeat Junior Member

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    I've been looking into this for a few months now. I cant wait to read the blog post. Thanks!
     
  6. StartupBros

    StartupBros Regular Member

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    Let me know what you think!

    You can get by with $250, but it would be much less riskier with $500-ish to experiment with.

    Just trying to learn the rules :)

    Thanks.

    Awesome, let me know what you think!
     
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  7. apexbeat

    apexbeat Junior Member

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    I just finished reading the blog post. It was very informative and it left me wanting to learn more. Quick question: what is a good margin of profit percent wise? You really caught the beginning of the airsoft wave. I'm hoping your success wasnt entirely related to finding one great product. Also, I've been considering selling 1:1 quality otterboxes. I have a few samples already. Great quality, but most likely fake.

     
  8. iManage

    iManage Regular Member

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    Really interesting, bookmark'd
     
  9. Xictus

    Xictus Regular Member

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    Interesting reading.
     
  10. iManage

    iManage Regular Member

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    I've always wanted to get into ebay/amazon selling and the blog really inspired me. However, as a 16yr old in Australia, I doubt I could take action as I can see that most of the sales will be from US and I am aware that international shipping from AUS to US would be really costly.
     
  11. StartupBros

    StartupBros Regular Member

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    Thanks for reading, and glad to hear you liked it. I wouldn't consider any product with less than a 50% margin, which means I sell it for 2x more than my cost. I would look for even higher than that though.

    It felt like I was at the end of the airsoft wave :) I do think much of it is due to one good product, that is definitely the most important part.

    They are probably fake, but you are on a blackhat forum :p

    Thanks!

    Thanks!

    Yea, but Australia is a growing market with a great relationship with China. I'd bet there is money to be made.
     
  12. mxrtxn

    mxrtxn Newbie

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    So, please correct me if I am mistaken, you made a lot of money with only one product (the airsoft guns) sourced through alibaba, right?

    I understand that the regulations killed that product However what is preventing you of doing the exact same thing but with another product?

    Is it harder now with ebay? Do you consider ebay the best way to sell those products ? What about flee markets... Is it possible to make even more money there?

    Thanks in advance.

    Martin
     
  13. hzwill

    hzwill Junior Member

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    I think there must be some online market places in Australia, you can do this there. And as I know, Australia and New zealand are the biggest milk, baby food and nutrition exportors for China (As recent year, the problems of food,especially baby food, are more and more frequency and important). There is some gold you can dig even you are 16 year, just need to find out.:cool:
     
  14. littlemonk

    littlemonk Registered Member

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    Awesome share
     
  15. muxmkt

    muxmkt Power Member

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    Dealextreme got alot of products that got premium free shipping to australia, just a tip ;)
     
  16. StartupBros

    StartupBros Regular Member

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    I didn't continue with it at the time just because I was young and didn't feel like doing it anymore. My goal in life is $1bn and didn't need the money, so I went down a different path that I thought would get me closer to that.

    I think it is probably a little bit harder now, but I also think that we will be looking back at it in 5 years saying "It was so easy back then!". I never tried Flea Markets, but I did almost try selling to flea market merchants as a supplier to them. Never got around to it before the ban though.

    Hope this helps,
    Will

    Absolutely. You just need to think about it a little different and find a unique angle in your market. Ever obstacle is an opportunity from another perspective, you just need to find that perspective.

    Thanks!

    Thanks for the input!
     
  17. brainstorm1

    brainstorm1 Jr. VIP Jr. VIP Premium Member

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    Wow, congrats on this man. Excellent info
     
  18. StartupBros

    StartupBros Regular Member

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    Thanks a lot!
     
  19. cleanguy2

    cleanguy2 Jr. VIP Jr. VIP

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    Interesting read, thank you :)
    Will for sure think about this.
    I never imported anything in my life so far :D
     
  20. StartupBros

    StartupBros Regular Member

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    It's a fun niche if you decide to try!

    Thanks for reading
     
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