Have fun! Import products (and learn something new)

bwagy

Ben Young, serial entrepreneur, speaker, author and founder of bwagy shares daily ideas on his blog in small digestible bites, aimed to make you rethink business, marketing and the world around you. check out http://blog.bwagy.com

A simple business hack if you are a bit bored this week.

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1) Jump on Alibaba.com.  Find five products you are interested in importing.  Contact each of the suppliers and order a some samples of each.

2) Setup a cheap local adwords campaign for the products you have sourced.  Point them towards a quick page of info about the product (collect emails of interest).

3) Finally once the products arrive, test one of the samples, sell the other on Ebay (or your local equivalent). You should be able to easily sell it for more than the total cost of both units, often making a tidy profit.

(Note: You can stop here, the next step is if you want to build a small business out of it.)

4) Review your adwords / traffic of your test websites.  Which has gained the most interest? Use that data to sell to a local retailer or setup a niche online store selling them.

5) Begin systemising, once you have sold a few start building some systems to automate sales and distribution.  Often you can get dropshippping (manufacturer ships direct to consumer).

Give it a go, have a bit of fun, I have done this every now and again made some good dollars but at the very least you’ll learn something.

 
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