AdisLCS
Power Member
- May 16, 2009
- 520
- 217
Hi guys
I decided to go into physical goods. Nothing like feeling cash in your hands
, seeing it in bank is not the same.
Anyways, I am unsure of product yet and am open to suggestions.
But here are some pointers. Obviously it should be in demand items.
Mark Up:
Preferably I am looking at 100%-300% resale.
Sales Venue:
Preferably Craigslist ( I am in the Bay Area), potentially Amazon, EGay
Price:
Preferably $200 - $300 items to mark up $400-$600
will consider smaller items but prefer "less work"
A No No:
no replicas, no BS non moving items.
Initial Investment:
few hundred to start and will work way up to what ever it takes.
Open to suggestions.
Long Term Idea
Eventually I would like to get into export/import and distribution, cross states, cross countries.
I have family and friends in Bosnia, Germany, Denmark, Sweden, India, New Zealand and would consider wholesale export/import eventually.
I also have a friend with a store at Phoenix Airport and Hawaii, also could hire sales people to approach local retail businesses if I find reasonable products/suppliers.
Another option would be flea markets/farmers markets, seminars etc.
I know this thread is like asking "how to make money online" but I hope to find new business relationships. After all retails still drives the economy.
thanks
Adis
I decided to go into physical goods. Nothing like feeling cash in your hands
Anyways, I am unsure of product yet and am open to suggestions.
But here are some pointers. Obviously it should be in demand items.
Mark Up:
Preferably I am looking at 100%-300% resale.
Sales Venue:
Preferably Craigslist ( I am in the Bay Area), potentially Amazon, EGay
Price:
Preferably $200 - $300 items to mark up $400-$600
will consider smaller items but prefer "less work"
A No No:
no replicas, no BS non moving items.
Initial Investment:
few hundred to start and will work way up to what ever it takes.
Open to suggestions.
Long Term Idea
Eventually I would like to get into export/import and distribution, cross states, cross countries.
I have family and friends in Bosnia, Germany, Denmark, Sweden, India, New Zealand and would consider wholesale export/import eventually.
I also have a friend with a store at Phoenix Airport and Hawaii, also could hire sales people to approach local retail businesses if I find reasonable products/suppliers.
Another option would be flea markets/farmers markets, seminars etc.
I know this thread is like asking "how to make money online" but I hope to find new business relationships. After all retails still drives the economy.
thanks
Adis